The stock of $2.12 billion-asset Old Second Bancorp Inc. was down 16.6 percent in late morning trading as the troubled Aurora-based lender reported a fourth-quarter loss of $76.6 million, or $5.48 a share. Get the full story »
Old Second Bancorp
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Feb. 3 at 11:39 a.m.
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Filed under: Banking, Commercial real estate, Earnings, Real estate, Stock activity Old Second Bancorp’s stock falls on 4Q loss
Best, worst bank stocks include 4 Chicago heavy hitters
Four banks with a meaningful Chicago presence made a list of the 20 best- and 20 worst-performing Midwest bank stocks.
The 20 best-performing Midwest bank stocks year to date include Chicago-based PrivateBancorp Inc. and Cincinnati-based Fifth Third Bancorp, according to a report released Thursday by Oppenheimer & Co. Fifth Third ranks eighth in deposit market share in the Chicago area.
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Old Second Bancorp discloses capital agreement
Aurora-based Old Second Bancorp Inc., which lost $60 million last year, has disclosed that it’s operating under an agreement with U.S. regulators to increase its capital to levels higher than what’s usually considered “well capitalized.”
The publicly traded lender, which has assets of $2.5 billion, outlined its capital-raising plans in a filing last week. Get the full story »
