Comparing the current results to its competitors, Old Second Bancorp Inc reported Revenue increase in the 1 quarter 2026 by 19.19 % year on year. The sales growth was above Old Second Bancorp Inc's competitors' average revenue growth of 10.79 %, achieved in the same quarter.
Old Second Bancorp Inc Net Income in the 1 quarter 2026 grew year on year by 29.02%, faster than the Old Second Bancorp Inc's competitors average income growth of 16.47 %
Old Second Bancorp Inc's Comment on Competition and Industry Peers
The Company’s market area is highly competitive and the Bank’s business
activities require it to compete with many other financial institutions. A number
of these financial institutions are affiliated with large bank holding companies
headquartered outside of our principal market area as well as other institutions
that are based in Auroras surrounding communities and in Chicago, Illinois. All
of these financial institutions operate banking offices in the greater Aurora
area or actively compete for customers within the Companys market area. The Bank
also faces competition from finance companies, insurance companies, credit unions,
mortgage companies, securities brokerage firms, money market funds, loan production
offices and other providers of financial services. Many of our nonbank competitors
are not subject to the same extensive federal regulations that govern bank holding
companies and banks, such as the Company, may have certain competitive advantages.
The Bank competes for loans principally through the quality of its client service
and its responsiveness to client needs in addition to competing on interest rates
and loan fees. Management believes that its long-standing presence in the community
and personal one-on-one service philosophy enhances its ability to compete favorably
in attracting and retaining individual and business customers. The Bank actively
solicits deposit-related clients and competes for deposits by offering personal
attention, competitive interest rates, and professional services made available
through experienced bankers and multiple delivery channels that fit the needs
of its market.
Overall company sales advanced by 19.19 % Old Second Bancorp Inc outperformed its competitors in this segment and improved market share, to approx. 0.04 %. << More on OSBC Market Share.
*Market share is calculated based on total revenue.
Peoples Financial Services Corp operates as a holding company, primarily engaged in providing banking and financial services through its subsidiary banks. It earns revenue by offering various banking products, loans, investment services, and other financial solutions to individuals and small to medium-sized businesses.
Norwood Financial Corp is a banking company that primarily focuses on providing various financial services to individuals, businesses, and institutions. Their business model centers around generating revenue through interest income from loans, fees from deposit accounts, and offering other banking products and services to their customers.
National Bankshares Inc operates as the holding company for National Bank, providing banking services to individuals, businesses, and organizations in its local communities. The company primarily generates revenues through interest income from loans and investments, as well as service charges and fees related to its deposit and lending products. National Bankshares Inc aims to maintain a strong and stable financial position by offering competitive banking solutions and fostering long-term relationships with its customers.
MVB Financial Corp operates as a financial holding company that provides a range of banking products and services. It primarily focuses on serving business customers, including small and medium-sized businesses, through its various banking subsidiaries.
M&T Bank Corporation operates as a regional bank, offering a variety of financial services including commercial and retail banking, mortgage lending, and wealth management to both individual and business customers. The company focuses on building long-term relationships and delivering personalized service to enhance customer satisfaction and loyalty.
Sources:
Old Second Bancorp Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Old Second Bancorp Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
