Today, the Chairman of Old Second Bancorp (OSBC), William Skoglund, sold shares of OSBC for $21.22K.
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Based on Old Second Bancorp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $35.62 million and quarterly net profit of $8.62 million. In comparison, last year the company earned revenue of $30.87 million and had a GAAP net loss of $2.51 million. OSBC’s market cap is $399.7M and the company has a P/E ratio of 11.70. Currently, Old Second Bancorp has an average volume of 45.5K.
The insider sentiment on Old Second Bancorp has been negative according to 52 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
William Skoglund’s trades have generated a -12.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Old Second Bancorp, Inc. is a bank holding company, which engages in the provision of traditional retail and commercial banking services through its wholly owned subsidiaries. Its services includes personal banking, loans, business banking, and wealth management. The company was founded in 1981 and is headquartered in Aurora, IL.
