William Skoglund - Old Second Chairman

OSBC Stock  USD 14.43  0.69  5.02%   

Chairman

Mr. William B. Skoglund is Chairman of the Board of Old Second Bancorp, Inc., effective January 1, 2015 since 2015.
Age 67
Tenure 9 years
Address 37 South River Street, Aurora, IL, United States, 60507
Phone630 892 0202
Webhttps://www.oldsecond.com
Skoglund serves as the Chairman of the Company and the Bank. From 1998 until 2014, Mr. Skoglund served as the Chief Executive Officer of the Company. He also served as Chief Executive Officer of the Bank from 1996 until 2014. We consider Mr. Skoglund to be qualified for service on the board due to his skills and experience in the financial services industry and his familiarity with the Company’s operations as our former Chief Executive Officer.

Old Second Management Efficiency

The company has return on total asset (ROA) of 0.0155 % which means that it generated a profit of $0.0155 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1636 %, meaning that it created $0.1636 on every $100 dollars invested by stockholders. Old Second's management efficiency ratios could be used to measure how well Old Second manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.17, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Old Second's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 5.6 B, whereas Other Assets are forecasted to decline to about 2 B.
The company currently holds 516.62 M in liabilities with Debt to Equity (D/E) ratio of 12.32, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Old Second until it has trouble settling it off, either with new capital or with free cash flow. So, Old Second's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Old Second Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Old to invest in growth at high rates of return. When we think about Old Second's use of debt, we should always consider it together with cash and equity.

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CHAIRMAN Age

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Gary WingerLake Shore Bancorp
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Old Second Bancorp, Inc. operates as the bank holding company for Old Second National Bank that provides community banking services. Old Second Bancorp, Inc. was incorporated in 1981 and is headquartered in Aurora, Illinois. Old Second operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 891 people. Old Second Bancorp (OSBC) is traded on NASDAQ Exchange in USA. It is located in 37 South River Street, Aurora, IL, United States, 60507 and employs 834 people. Old Second is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Old Second Bancorp Leadership Team

Elected by the shareholders, the Old Second's board of directors comprises two types of representatives: Old Second inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Old. The board's role is to monitor Old Second's management team and ensure that shareholders' interests are well served. Old Second's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Old Second's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Bonifas, Independent Director
Barry Finn, Independent Director
Michael Kozak, Executive Officer
Keith Gottschalk, COO, Executive Vice President
John Ladowicz, Independent Director
Hugh McLean, Independent Director
William Skoglund, Chairman, CEO and President Member of Executive Committee, Member of E-Banking Committee, Member of Investment and A/L Committee, Member of Capital Committee, Member of Risk Committee, Member of Trust Committee, Member of Loan Committee, Member of Compliance Committee, Chairman of Old Second National Bank, Chairman of Old Second Inc and CEO of Old Second Inc
Melissa Jordan, Vice President Controller
Andrew Crouch, Head VP
Bob DiCosola, Ex HR
Gary Collins, Vice Chairman of the Board
Steven Meves, Chief Group
William Kane, Independent Director
Jacqueline Runnberg, VP Advisor
Jacqueline CFP, Senior MD
Patti Rocks, Director
Bradley Adams, CFO, Executive Vice President Principal Accounting Officer, Principal Financial Officer
Shirley Cantrell, Shareholder Manager
James Tapscott, Lead Independent Director
Duane Suits, Independent Director
Donald Pilmer, Executive Vice President Commercial Lending
CFP Gartelmann, Head VP
Douglas Cheatham, CFO, Principal Accounting Officer, Executive VP, Secretary, Director, Member of Executive Committee, Member of E-Banking Committee, Member of Investment and A/L Committee, Member of Risk Committee, Member of Capital Committee, Member of Loan Committee and Director of Old Second National Bank
James Eccher, CEO and President Director, Chairman of Loan Committee, Member of Executive Committee, Member of E-Banking Committee, Member of Investment and A/L Committee, Member of Capital Committee, Member of Risk Committee, Member of Trust Committee and Director of Old Second National Bank

Old Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Old Second a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Old Second in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Old Second's short interest history, or implied volatility extrapolated from Old Second options trading.

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When determining whether Old Second Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Second's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Old Second Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Second Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Second Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Old Second Bancorp information on this page should be used as a complementary analysis to other Old Second's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Old Second's price analysis, check to measure Old Second's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old Second is operating at the current time. Most of Old Second's value examination focuses on studying past and present price action to predict the probability of Old Second's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Second's price. Additionally, you may evaluate how the addition of Old Second to your portfolios can decrease your overall portfolio volatility.
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Is Old Second's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Second. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Second listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Dividend Share
0.2
Earnings Share
2.02
Revenue Per Share
6.006
Quarterly Revenue Growth
(0.02)
The market value of Old Second Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Second's value that differs from its market value or its book value, called intrinsic value, which is Old Second's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Second's market value can be influenced by many factors that don't directly affect Old Second's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Second's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Second is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Second's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.