Outdated Second Bancorp (OSBC) reported $70.28 million in income for the quarter ended March 2024, representing a year-over-year decline of 1.6%. EPS of $0.47 for a similar interval compares to $0.52 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $69.5 million, representing a shock of +1.13%. The corporate delivered an EPS shock of -2.08%, with the consensus EPS estimate being $0.48.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s worth efficiency.
Right here is how Outdated Second Bancorp carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Effectivity Ratio: 53.6% in comparison with the 52.6% common estimate based mostly on three analysts.
- Web Curiosity Margin: 4.6% versus the three-analyst common estimate of 4.6%.
- Complete curiosity incomes property – Common Steadiness: $5.28 billion versus $5.32 billion estimated by two analysts on common.
- Complete noninterest earnings: $10.50 million versus the three-analyst common estimate of $9.75 million.
- Different earnings: $1.03 million versus $0.96 million estimated by two analysts on common.
- Web curiosity and dividend earnings: $59.78 million versus the two-analyst common estimate of $59.61 million.
- Wealth administration: $2.56 million versus $2.55 million estimated by two analysts on common.
- Change in money give up worth of BOLI: $1.17 million in comparison with the $0.52 million common estimate based mostly on two analysts.
- Card associated earnings: $2.38 million versus the two-analyst common estimate of $2.39 million.
- Monetary Providers- Service prices on deposits: $2.42 million versus the two-analyst common estimate of $2.48 million.
- Web Curiosity Earnings (FTE): $60.14 million versus the two-analyst common estimate of $60.50 million.
- Web achieve (loss) on gross sales of mortgage loans: $0.31 million versus $0.31 million estimated by two analysts on common.
View all Key Company Metrics for Old Second Bancorp here>>>
Shares of Outdated Second Bancorp have returned -0.2% over the previous month versus the Zacks S&P 500 composite’s -1.1% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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