Old Second Bancorp, Inc. Announces Completion of Chicagoland Branch Transaction [Yahoo! Finance]
Old Second Bancorp, Inc. (OSBC)
Last old second bancorp, inc. earnings: 4/22 05:30 pm
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Source: Yahoo! Finance
CHICAGO, IL / ACCESSWIRE / December 6, 2024 / Old Second Bancorp, Inc. ("Old Second Bancorp") (NASDAQ:OSBC), the parent company of Old Second National Bank ("Old Second"), announced today that Old Second has completed its previously announced purchase of five Illinois branch locations in the Southeast Chicago MSA from First Merchants Bank ("First Merchants"). The closing of the transaction became effective after the close of business on December 6, 2024, and the five branches of First Merchants purchased will open as branches of Old Second on Monday, December 9, 2024. Under the terms of the purchase and assumption agreement Old Second assumed approximately $274.2 million in deposits related to the branch locations and purchased approximately $7.5 million in branch-related loans along with the purchase of other branch-related assets. "We are extremely pleased to close our branch transaction with First Merchants, which will add meaningfully to our existing branch network in the Sou
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News
- With 71% ownership, Old Second Bancorp, Inc. (NASDAQ:OSBC) boasts of strong institutional backing [Yahoo! Finance]Yahoo! Finance
- Old Second Bancorp, Inc. (NASDAQ: OSBC) was upgraded by analysts at Raymond James from a "moderate buy" rating to a "strong-buy" rating.MarketBeat
- Old Second Bancorp, Inc. Announces Completion of Chicagoland Branch TransactionAccesswire
- Old Second Bancorp's (NASDAQ:OSBC) Upcoming Dividend Will Be Larger Than Last Year's [Yahoo! Finance]Yahoo! Finance
- Old Second Bancorp, Inc. (NASDAQ: OSBC) was given a new $22.50 price target on by analysts at Piper Sandler.MarketBeat
OSBC
Earnings
- 10/16/24 - Beat
OSBC
Sec Filings
- 12/26/24 - Form 4
- 12/20/24 - Form 8-K/A
- 12/17/24 - Form 8-K
- OSBC's page on the SEC website