DA Davidson raised the company’s price target price in the former second bancorp (OSBC) to $23 from $22 and maintains a Neutral rating on the stock after it beat its fourth-quarter earnings. The benefits and drawbacks of the Evergreen acquisition were very evident in the fourth quarter with a net interest margin of 5.00%, along with higher-than-historical net charge-offs, the analyst tells investors in a research note. Growth looks set to pick up in 2026 with strong cost control, but a high NPA balance versus peers is worth watching, the firm added.
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