James Eccher - Old Second Chairman

OSBC Stock  USD 18.69  0.21  1.11%   

Chairman

Mr. James L. Eccher is President, Chief Executive Officer, Director of Old Second Bancorp, Inc and Old Second National Bank since 2015.
Age 59
Tenure 9 years
Address 37 South River Street, Aurora, IL, United States, 60507
Phone630 892 0202
Webhttps://www.oldsecond.com
Eccher has served as the Chief Executive Officer and President of the Company since 2015 and has served as President and Chief Executive Officer of the Bank since 2003. He also serves as Chief Operating Officer of the Company, a position he has held since 2007, and served as Senior Vice President and Branch Director of the Bank from 1999 until 2003. Before that he served as President and Chief Executive Officer of the Bank of Sugar Grove from 1996 until 1999. We consider Mr. Eccher to be qualified for service on the board due to his experience in the financial services industry and the familiarity with Old Second’s operations that he has acquired as the Chief Executive Officer and President of Old Second and Old Second National Bank.

James Eccher Latest Insider Activity

Tracking and analyzing the buying and selling activities of James Eccher against Old Second stock is an integral part of due diligence when investing in Old Second. James Eccher insider activity provides valuable insight into whether Old Second is net buyers or sellers over its current business cycle. Note, Old Second insiders must abide by specific rules, including filing SEC forms every time they buy or sell Old Second'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Old Second Management Efficiency

The company has return on total asset (ROA) of 0.0148 % which means that it generated a profit of $0.0148 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1413 %, meaning that it created $0.1413 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 4.4 B, whereas Other Assets are forecasted to decline to about 15.1 M.
Old Second Bancorp currently holds 490.15 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. Note, when we think about Old Second's use of debt, we should always consider it together with its cash and equity.

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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.
Michael Kozak, Executive Officer
Keith Gottschalk, COO, Executive Vice President
Andrew Crouch, Head VP
Bob DiCosola, Ex HR
Chris CTFA, Senior Advisor
Steven Meves, Chief Group
Chris Lasse, Senior Resources
Jacqueline Runnberg, VP Advisor
Jacqueline CFP, Senior Management
Bradley Adams, CFO, Executive Vice President Principal Accounting Officer, Principal Financial Officer
Shirley Cantrell, Shareholder Manager
Donald Pilmer, Executive Vice President Commercial Lending
CFP Gartelmann, EVP Management
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
Kris Wieschhaus, Senior Officer
Joseph Monocchio, Senior Services

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.

Also Currently Popular

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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:
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Is Regional Banks space 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
(0.07)
Dividend Share
0.2
Earnings Share
1.85
Revenue Per Share
5.896
Quarterly Revenue Growth
(0.01)
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.