Skip to main content

Old Second Bancorp: Q1 Earnings Snapshot

AURORA, Ill. (AP) — AURORA, Ill. (AP) — Old Second Bancorp Inc. (OSBC) on Wednesday reported first-quarter net income of $25.6 million.

The bank, based in Aurora, Illinois, said it had earnings of 48 cents per share. Earnings, adjusted for non-recurring costs, came to 49 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The financial holding company posted revenue of $111 million in the period. Its revenue net of interest expense was $93.8 million, which beat Street forecasts. Three analysts surveyed by Zacks expected $93.5 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSBC at https://www.zacks.com/ap/OSBC

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related Stories

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary