Old Second Q3 2026 net income rises to $28.9 million, or $0.56 per diluted share
Old Second Bancorp reported third-quarter 2026 net income of $28.9 million, or $0.56 per diluted share, up from $28.2 million, or $0.54, in the second quarter. Net interest margin rose to 5.27%, and nonperforming loans fell to $39.6 million from $56.5 million, while the company repurchased about 1.5 million shares and declared a higher quarterly dividend.
Key points
- Net income was $28.9 million, or $0.56 per diluted share, versus $28.2 million, or $0.54, in the second quarter of 2026.
- Net interest margin on a fully tax-equivalent basis increased four basis points to 5.27%.
- Nonperforming loans totaled $39.6 million, down from $56.5 million; the provision for credit losses was $6.8 million, compared with $7.5 million.
- On October 20, 2026, the board declared a cash dividend of $0.08 per share, payable November 9, 2026, to holders of record as of October 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.