Is Old Second Bancorp, Inc. (NASDAQ:OSBC) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Old Second Bancorp, Inc. at current levels.
A 155-year-old Aurora, Illinois community bank trading at 1.27x book with a deposit franchise that funds itself for almost nothing.
Where OSBC is headed
Old Second is the kind of bank that wins by not doing anything stupid for a very long time. Founded in 1871 in Aurora, Illinois, it sits on a deposit base where roughly half is non-interest-bearing checking, which is the holy grail of community banking. That funding mix is why the company prints a 42% operating margin and a 26.5% net margin while most regional peers struggle to clear 30% and 20% respectively. Revenue grew 19.2% over the trailing twelve months in an environment where most community banks were watching net interest margin compress, and that's almost entirely a function of cheap deposits meeting a higher rate environment on the asset side.
Read the full Compass Direction on OSBC
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $20.97).
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Frequently asked questions
Is Old Second Bancorp, Inc. (NASDAQ:OSBC) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Old Second Bancorp, Inc. at current levels. A 155-year-old Aurora, Illinois community bank trading at 1.27x book with a deposit franchise that funds itself for almost nothing.
What is OSBC's Compass Score?
Old Second Bancorp, Inc. scores 78/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for OSBC?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the OSBC page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.