Old Second Bancorp Inc

OSBC exhibits a blow-off top in a Stage 3 distribution environment, signaling a shift to a bearish medium-term bias. Short-term price is pulling back into the 9/20 EMA zone, so execution should be deferred and trims executed on rallies into the recent high and EMA cluster.

• ↑Q1 2026 net income $25.6M (EPS $0.48) with ROA 1.51%.
• ↑Earnings yield ~1.31 and book-to-price ~0.81 signal undervaluation.
• ↓Q1 charge-offs $9.8M primarily in CRE and PowerSports pose credit risk.