Old Second Bancorp Reports Q3 Revenue Beat Amid GAAP EPS Miss
Old Second Bancorp (OSBC) reported third-quarter financial results characterized by a significant revenue beat alongside a slight miss in earnings per share. The company posted revenue of $97.1 million, representing a 1.3% year-over-year increase and exceeding expectations by $12.34 million. Despite the top-line strength, GAAP earnings per share (EPS) came in at $0.56, missing consensus estimates by $0.02. Net interest and dividend income rose slightly to $84.0 million, a 0.86% increase compared to the previous year.
Tickers: $OSBC
Topics: earnings miss GAAP EPS net interest income revenue beat
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