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Old Second Bancorp (OSBC) Financials

Old Second Bancorp logo
$17.95 -0.13 (-0.72%)
Closing price 10/22/2025 04:00 PM Eastern
Extended Trading
$17.94 0.00 (-0.03%)
As of 10/22/2025 04:20 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for Old Second Bancorp

Annual Income Statements for Old Second Bancorp

This table shows Old Second Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 12 14 16 15 34 39 28 20 67 92 85
Consolidated Net Income / (Loss)		 10 15 16 15 34 39 28 20 67 92 85
Net Income / (Loss) Continuing Operations		 10 15 16 15 34 39 28 20 67 92 85
Total Pre-Tax Income 		16 24 25 34 44 52 37 28 92 124 113
Total Revenue		 86 88 92 105 122 133 129 136 249 286 285
Net Interest Income / (Expense)		 57 59 63 75 91 97 92 97 206 252 242
Total Interest Income		 68 68 73 88 108 116 104 105 216 292 298
Loans and Leases Interest Income		 53 53 56 71 89 98 91 91 177 244 253
Investment Securities Interest Income		 15 15 17 17 18 17 13 14 38 45 42
Deposits and Money Market Investments Interest Income		 0.07 0.06 0.17 0.13 0.33 0.46 0.26 0.66 2.18 2.50 2.39
Total Interest Expense		 11 9.08 9.94 13 17 19 12 8.45 10 40 56
Deposits Interest Expense		 5.24 3.94 4.43 - 7.99 9.70 6.60 2.47 3.35 15 38
Short-Term Borrowings Interest Expense		 0.02 0.03 0.11 - 1.43 1.76 0.18 0.00 0.48 19 15
Long-Term Debt Interest Expense		 5.73 5.11 5.40 13 6.80 6.81 5.48 5.90 6.45 5.78 3.31
Federal Funds Purchased and Securities Sold Interest Expense		 - - - - 0.46 0.58 0.20 0.08 0.04 0.09 0.34
Total Non-Interest Income		 29 29 29 30 31 36 37 39 43 34 44
Other Service Charges		 18 19 24 24 26 27 25 27 38 36 38
Net Realized & Unrealized Capital Gains on Investments		 5.31 5.60 4.13 5.28 4.15 9.62 15 9.53 1.08 -2.67 1.81
Other Non-Interest Income		 0.12 -0.87 0.36 0.64 1.28 -0.38 -2.71 2.65 3.90 0.70 3.80
Provision for Credit Losses		 -3.30 -4.40 0.75 1.80 1.23 1.60 10 4.33 6.55 17 13
Total Non-Interest Expense		 74 68 67 69 77 79 81 104 151 145 160
Salaries and Employee Benefits		 36 35 36 40 44 47 50 58 87 89 98
Net Occupancy & Equipment Expense		 8.94 11 10 10 14 14 14 21 31 22 26
Marketing Expense		 1.28 1.34 1.63 1.51 1.57 1.23 0.30 0.34 0.59 0.72 1.24
Property & Liability Insurance Claims		 3.50 2.51 1.67 1.31 1.49 0.85 1.36 2.07 0.87 0.93 1.33
Other Operating Expenses		 23 19 17 16 16 15 16 22 30 31 31
Amortization Expense		 1.18 - 0.02 0.10 0.39 0.54 0.49 0.64 2.63 2.46 2.44
Income Tax Expense		 5.76 8.98 8.82 19 9.92 12 9.58 7.82 24 33 28
Basic Earnings per Share		 $0.46 $0.46 $0.53 $0.51 $1.14 $1.32 $0.94 $0.66 $1.51 $2.05 $1.90
Weighted Average Basic Shares Outstanding		 25.30M 29.48M 29.53M 29.60M 29.89M 30.02M 29.13M 44.46M 44.67M 44.80M 45.05M
Diluted Earnings per Share		 $0.46 $0.46 $0.53 $0.50 $1.12 $1.30 $0.92 $0.65 $1.49 $2.02 $1.87
Weighted Average Diluted Shares Outstanding		 25.30M 29.48M 29.53M 29.60M 29.89M 30.02M 29.13M 44.46M 44.67M 44.80M 45.05M
Weighted Average Basic & Diluted Shares Outstanding		 25.30M 29.48M 29.53M 29.60M 29.89M 30.02M 29.13M 44.46M 44.67M 44.80M 45.05M
Cash Dividends to Common per Share		 - - $0.03 $0.04 $0.04 $0.04 $0.04 $0.16 $0.20 $0.20 $0.21

Quarterly Income Statements for Old Second Bancorp

This table shows Old Second Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 20 24 24 26 24 18 21 22 23 19 20
Consolidated Net Income / (Loss)		 20 24 24 26 24 18 21 22 23 19 20
Net Income / (Loss) Continuing Operations		 20 24 24 26 24 18 21 22 23 19 20
Total Pre-Tax Income 		27 32 32 35 32 25 29 29 30 25 26
Total Revenue		 67 73 71 72 73 70 70 71 71 73 73
Net Interest Income / (Expense)		 56 64 64 64 63 61 60 60 61 62 63
Total Interest Income		 58 68 70 74 74 74 73 73 76 75 74
Loans and Leases Interest Income		 47 55 57 62 63 63 63 62 65 64 62
Investment Securities Interest Income		 11 12 12 12 11 10 10 10 11 11 11
Deposits and Money Market Investments Interest Income		 0.66 0.46 0.59 0.64 0.66 0.62 0.61 0.63 0.62 0.54 0.99
Total Interest Expense		 2.44 3.65 6.07 10 11 12 14 14 15 14 11
Deposits Interest Expense		 0.72 1.35 1.81 2.90 4.54 6.15 8.08 9.28 10 10 9.74
Short-Term Borrowings Interest Expense		 0.04 0.44 2.35 5.16 5.84 5.43 4.56 3.34 4.19 2.53 0.02
Long-Term Debt Interest Expense		 1.67 1.86 1.91 2.24 0.79 0.84 0.83 0.83 0.82 0.84 0.83
Federal Funds Purchased and Securities Sold Interest Expense		 0.01 0.01 0.01 0.01 0.03 0.05 0.09 0.08 0.09 0.08 0.07
Total Non-Interest Income		 11 8.95 7.35 8.22 9.88 8.73 11 11 11 12 10
Other Service Charges		 10 9.57 9.00 8.86 9.19 9.10 8.92 9.18 10 9.94 9.81
Net Realized & Unrealized Capital Gains on Investments		 0.45 -0.57 -1.37 -1.15 -0.52 0.36 0.32 0.47 0.51 0.52 0.46
Other Non-Interest Income		 0.69 -0.06 -0.28 0.51 1.20 -0.74 1.27 1.48 -0.09 1.15 -0.07
Provision for Credit Losses		 4.50 1.50 3.50 2.00 3.00 8.00 3.50 3.75 2.00 3.50 2.40
Total Non-Interest Expense		 36 40 36 35 37 37 38 38 39 44 45
Salaries and Employee Benefits		 21 24 22 22 23 21 24 23 25 26 27
Net Occupancy & Equipment Expense		 6.66 7.11 5.25 4.93 5.43 6.11 6.18 6.08 6.25 7.12 6.90
Marketing Expense		 0.08 0.13 0.14 0.10 0.09 0.38 0.19 0.47 0.30 0.28 0.17
Property & Liability Insurance Claims		 0.21 0.23 0.32 0.28 0.10 0.23 0.23 0.24 0.20 0.66 0.47
Other Operating Expenses		 7.36 7.32 7.34 7.10 8.07 8.30 6.75 7.09 7.31 9.94 8.94
Amortization Expense		 0.66 0.65 0.62 0.62 0.62 0.60 0.58 0.57 0.57 0.72 1.04
Income Tax Expense		 7.05 8.24 8.41 9.41 8.15 6.71 7.23 7.30 6.90 6.26 6.37
Basic Earnings per Share		 $0.43 $0.53 $0.53 $0.57 $0.55 $0.40 $0.48 $0.48 $0.52 $0.42 $0.44
Weighted Average Basic Shares Outstanding		 44.57M 44.67M 44.67M 44.68M 44.70M 44.80M 44.85M 44.85M 44.85M 45.05M 45.06M
Diluted Earnings per Share		 $0.43 $0.52 $0.52 $0.56 $0.54 $0.40 $0.47 $0.48 $0.50 $0.42 $0.43
Weighted Average Diluted Shares Outstanding		 44.57M 44.67M 44.67M 44.68M 44.70M 44.80M 44.85M 44.85M 44.85M 45.05M 45.06M
Weighted Average Basic & Diluted Shares Outstanding		 44.57M 44.67M 44.67M 44.68M 44.70M 44.80M 44.85M 44.85M 44.85M 45.05M 45.06M
Cash Dividends to Common per Share		 $0.05 $0.05 $0.05 $0.05 $0.05 $0.05 $0.05 $0.05 $0.05 $0.06 $0.06

Annual Cash Flow Statements for Old Second Bancorp

This table details how cash moves in and out of Old Second Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 -3.46 -3.86 7.00 8.50 -0.60 -4.60 279 422 -637 -15 -0.82
Net Cash From Operating Activities		 -6.31 21 27 37 55 53 26 31 97 116 132
Net Cash From Continuing Operating Activities		 -6.31 21 27 37 55 53 26 31 97 116 132
Net Income / (Loss) Continuing Operations		 10 15 16 15 34 39 28 20 67 92 85
Consolidated Net Income / (Loss)		 10 15 16 15 34 39 28 20 67 92 85
Provision For Loan Losses		 0.27 8.43 11 17 12 2.12 11 4.41 6.65 17 14
Depreciation Expense		 2.49 2.39 2.29 2.31 2.42 2.46 2.80 3.15 4.09 4.49 5.59
Amortization Expense		 -0.60 0.13 -1.17 0.80 1.88 2.49 1.91 2.40 1.50 2.71 4.67
Non-Cash Adjustments to Reconcile Net Income		 -3.67 1.59 -1.46 -0.77 0.66 4.05 -7.33 15 0.35 5.71 -2.10
Changes in Operating Assets and Liabilities, net		 -15 -6.78 1.17 2.48 4.29 2.06 -9.99 -13 17 -5.00 24
Net Cash From Investing Activities		 -66 -32 -123 -132 -26 42 -104 133 -433 162 323
Net Cash From Continuing Investing Activities		 -66 -32 -123 -132 -26 42 -104 133 -433 162 323
Purchase of Property, Leasehold Improvements and Equipment		 -1.10 -1.28 -1.99 -1.06 -1.90 -4.38 -3.92 -2.03 -4.33 -12 -11
Purchase of Investment Securities		 -411 -196 -518 -487 -172 -197 -170 -616 -754 -224 20
Sale and/or Maturity of Investments		 346 165 397 356 147 243 69 751 325 398 313
Other Investing Activities, net		 - - - - 1.20 1.20 0.48 - 0.00 0.00 1.24
Net Cash From Financing Activities		 69 7.20 103 104 -30 -99 357 258 -301 -293 -455
Net Cash From Continuing Financing Activities		 69 7.20 103 104 -30 -99 357 258 -301 -293 -455
Net Change in Deposits		 2.93 74 59 56 -55 10 410 235 -354 -539 -70
Issuance of Debt		 40 - 99 45 24 -101 -29 59 90 315 -385
Repayment of Debt		 - -30 -46 -0.04 -8.07 -8.80 -36 -4.32 -10 -54 0.00
Repurchase of Common Equity		 -0.05 -0.12 -0.25 -0.24 -0.51 -0.67 -5.92 -10 -0.46 -0.61 -1.05
Payment of Dividends		 -12 -2.42 -0.89 -1.18 -1.19 -1.20 -1.19 -4.61 -8.88 -8.95 -9.41
Other Financing Activities, Net		 63 13 -8.34 4.20 11 2.09 18 -17 -18 -5.69 10
Cash Income Taxes Paid		 0.04 0.12 0.21 0.43 0.02 4.43 7.92 11 11 36 23

Quarterly Cash Flow Statements for Old Second Bancorp

This table details how cash moves in and out of Old Second Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 -165 -0.98 -12 9.59 -3.58 -8.89 -2.05 23 -5.13 -16 157
Net Cash From Operating Activities		 33 37 35 -29 82 29 47 12 48 24 18
Net Cash From Continuing Operating Activities		 33 37 35 -29 82 29 47 12 48 24 18
Net Income / (Loss) Continuing Operations		 20 24 24 26 24 18 21 22 23 19 20
Consolidated Net Income / (Loss)		 20 24 24 26 24 18 21 22 23 19 20
Provision For Loan Losses		 4.50 1.50 3.77 2.00 2.71 8.29 3.50 3.75 2.00 5.24 2.85
Depreciation Expense		 0.98 1.01 1.05 1.09 1.11 1.24 1.35 1.37 1.45 1.42 1.41
Amortization Expense		 1.62 -4.74 0.24 0.53 0.97 0.97 1.24 1.20 1.03 1.20 1.76
Non-Cash Adjustments to Reconcile Net Income		 -6.05 10 3.00 1.47 -3.13 4.37 -0.53 0.80 -0.53 -1.82 1.01
Changes in Operating Assets and Liabilities, net		 12 5.72 3.33 -60 56 -4.01 21 -17 22 -1.16 -9.02
Net Cash From Investing Activities		 -157 74 -43 92 75 37 94 -23 -7.42 259 77
Net Cash From Continuing Investing Activities		 -157 74 -43 92 75 37 94 -23 -7.42 259 77
Purchase of Property, Leasehold Improvements and Equipment		 -1.14 -1.66 -1.56 -1.49 -5.17 -4.16 -3.33 -2.96 -2.35 -2.15 -1.61
Purchase of Investment Securities		 -243 -1.98 -137 -28 -4.09 -56 59 -157 -36 159 -46
Sale and/or Maturity of Investments		 88 77 95 121 85 97 38 136 31 103 124
Net Cash From Financing Activities		 -41 -112 -4.24 -53 -161 -75 -143 34 -46 -300 62
Net Cash From Continuing Financing Activities		 -41 -112 -4.24 -53 -161 -75 -143 34 -46 -300 62
Net Change in Deposits		 -61 -170 -213 -179 -103 -43 38 -87 -56 35 84
Repayment of Debt		 -1.00 -1.00 -9.00 -45 - - - - - - -20
Repurchase of Common Equity		 -0.05 -0.01 -0.61 - - - -0.78 -0.02 - -0.26 -1.43
Payment of Dividends		 -2.23 -2.23 -2.24 -2.24 -2.24 -2.23 -2.24 -2.24 -2.25 -2.69 -2.69
Other Financing Activities, Net		 -2.10 -3.34 -4.26 3.64 -5.64 0.58 7.08 13 7.32 -17 2.01

Annual Balance Sheets for Old Second Bancorp

This table presents Old Second Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 2,062 2,077 1,522 1,609 2,676 2,636 3,041 6,212 5,888 5,723 5,649
Cash and Due from Banks		 30 27 47 - 39 34 24 39 57 56 52
Interest Bearing Deposits at Other Banks		 14 13 - - 17 17 306 714 59 45 47
Trading Account Securities		 645 704 - - 541 485 496 1,694 1,539 1,193 1,162
Loans and Leases, Net of Allowance		 1,138 1,117 1,463 1,600 1,878 1,911 2,001 3,377 3,820 3,999 3,938
Loans and Leases		 1,159 1,134 1,479 1,618 1,897 1,931 2,035 3,421 3,870 4,043 3,981
Allowance for Loan and Lease Losses		 22 16 16 17 19 20 34 44 49 44 44
Loans Held for Sale		 5.07 2.85 - - 2.98 3.06 13 3,381 0.49 1.32 1.56
Premises and Equipment, Net		 42 40 - - 42 44 45 88 72 79 87
Goodwill		 - - - - - - 19 86 86 86 93
Intangible Assets		 - - - - 22 21 2.18 16 14 11 22
Other Assets		 187 173 12 8.37 134 121 135 195 241 253 246
Total Liabilities & Shareholders' Equity		 2,062 2,077 0.00 0.00 2,676 2,636 3,041 6,212 5,888 5,723 5,649
Total Liabilities		 1,868 1,921 0.00 0.00 2,447 2,358 2,734 5,710 5,427 5,146 4,978
Non-Interest Bearing Deposits		 400 443 - - 619 670 910 2,088 2,052 1,835 1,705
Interest Bearing Deposits		 1,285 1,316 - - 1,498 1,457 1,628 3,379 3,059 2,736 3,064
Short-Term Debt		 66 49 - - 196 97 67 50 122 431 57
Long-Term Debt		 104 103 - - 117 109 94 149 139 85 85
Other Long-Term Liabilities		 13 9.90 - - 17 25 36 45 56 58 68
Total Equity & Noncontrolling Interests		 194 156 0.00 0.00 229 278 307 502 461 577 671
Total Preferred & Common Equity		 194 156 0.00 0.00 229 278 307 502 461 577 671
Total Common Equity		 147 156 0.00 0.00 229 278 307 502 461 577 671
Common Stock		 150 150 - - 154 156 157 247 247 247 250
Retained Earnings		 101 114 - - 175 214 237 252 311 393 469
Treasury Stock		 -96 -96 - - -96 -96 -101 -5.90 -3.23 -0.18 -0.58
Accumulated Other Comprehensive Income / (Loss)		 -7.71 -13 - - -4.08 4.56 15 8.77 -93 -63 -48

Quarterly Balance Sheets for Old Second Bancorp

This table presents Old Second Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2022 Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 6/30/2022 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 6,006 5,968 5,920 5,884 5,758 5,616 5,663 5,672 5,728
Cash and Due from Banks		 53 65 51 59 56 49 55 63 53
Interest Bearing Deposits at Other Banks		 228 51 52 53 53 49 66 52 203
Trading Account Securities		 1,734 1,610 1,455 1,336 1,230 1,169 1,174 1,191 1,147
Loans and Leases, Net of Allowance		 3,580 3,820 3,950 3,960 3,978 3,925 3,934 3,947 3,899
Loans and Leases		 3,625 3,869 4,003 4,016 4,030 3,969 3,977 3,991 3,940
Allowance for Loan and Lease Losses		 45 49 53 55 52 44 42 44 42
Loans Held for Sale		 1.71 1.30 3,951 1.22 2.30 1.07 2.29 2.45 4.20
Premises and Equipment, Net		 82 77 73 73 76 81 83 83 87
Goodwill		 86 86 86 86 86 86 86 86 93
Intangible Assets		 15 14 13 12 12 11 10 9.49 21
Other Assets		 225 242 239 303 265 244 252 237 220
Total Liabilities & Shareholders' Equity		 6,006 5,968 5,920 5,884 5,758 5,616 5,663 5,672 5,728
Total Liabilities		 5,557 5,534 5,423 5,370 5,226 5,020 5,043 5,010 5,033
Non-Interest Bearing Deposits		 2,078 2,098 1,950 1,898 1,863 1,800 1,728 1,669 1,714
Interest Bearing Deposits		 3,265 3,183 2,947 2,820 2,752 2,808 2,793 2,796 3,139
Short-Term Debt		 38 60 343 517 461 254 377 389 39
Long-Term Debt		 141 140 130 85 85 85 85 85 85
Other Long-Term Liabilities		 36 53 54 51 65 73 60 71 56
Total Equity & Noncontrolling Interests		 449 434 497 514 533 596 619 661 694
Total Preferred & Common Equity		 449 434 497 514 533 596 619 661 694
Total Common Equity		 449 434 497 514 533 596 619 661 694
Common Stock		 246 246 245 246 246 248 249 250 250
Retained Earnings		 272 289 332 355 377 412 432 453 486
Treasury Stock		 -3.67 -3.43 -0.75 -0.75 -0.40 -0.91 -0.85 -0.83 -0.81
Accumulated Other Comprehensive Income / (Loss)		 -65 -98 -79 -86 -91 -63 -61 -40 -41

Annual Metrics And Ratios for Old Second Bancorp

This table displays calculated financial ratios and metrics derived from Old Second Bancorp's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -0.19% 2.44% 4.11% 14.38% 16.19% 8.40% -2.51% 5.21% 83.32% 14.78% -0.23%
EBITDA Growth		 9.72% 51.12% -4.67% 46.02% 28.96% 17.77% -25.86% -20.66% 190.68% 35.48% -6.37%
EBIT Growth		 34.23% 53.24% 0.59% 39.99% 28.09% 18.03% -27.86% -25.51% 228.52% 35.89% -9.21%
NOPAT Growth		 -87.65% 51.79% 1.94% -3.48% 124.68% 16.00% -29.48% -27.96% 236.29% 36.09% -7.05%
Net Income Growth		 -87.65% 51.79% 1.94% -3.48% 124.68% 16.00% -29.48% -27.96% 236.29% 36.09% -7.05%
EPS Growth		 -91.56% 0.00% 15.22% -5.66% 124.00% 16.07% -29.23% -29.35% 129.23% 35.57% -7.43%
Operating Cash Flow Growth		 -117.89% 435.14% 28.95% 36.14% 47.98% -4.13% -50.63% 19.47% 213.54% 19.58% 13.00%
Free Cash Flow Firm Growth		 -176.92% 195.47% -1,777.65% 94.03% 1,638.76% -91.08% -55.22% -585.20% 121.74% -704.51% 230.69%
Invested Capital Growth		 30.43% -15.39% 394.06% 5.69% -66.28% -10.82% -3.33% 49.89% 3.00% 51.52% -25.69%
Revenue Q/Q Growth		 -16.51% -0.08% 4.28% 1.58% 2.75% 1.21% 0.18% 5.13% 15.65% -1.06% 1.14%
EBITDA Q/Q Growth		 74.22% 36.61% 5.73% 2.13% 0.90% 2.67% -4.11% -40.14% 65.60% -0.74% -0.80%
EBIT Q/Q Growth		 104.44% 40.29% 8.46% 2.56% -1.22% 1.74% -2.72% -45.16% 90.11% -5.27% 0.39%
NOPAT Q/Q Growth		 -27.73% 5.80% 8.17% -33.22% 48.65% 2.38% -5.08% -46.06% 94.12% -5.55% 1.05%
Net Income Q/Q Growth		 -87.37% 5.80% 8.17% -33.22% 48.65% 2.38% -5.08% -46.06% 94.12% -5.55% 1.05%
EPS Q/Q Growth		 64.29% 6.98% 8.16% -34.21% 49.33% 2.36% -5.15% -48.00% 136.51% -5.61% 1.08%
Operating Cash Flow Q/Q Growth		 -659.63% -9.70% 18.36% -3.90% 12.98% 0.43% -18.40% -48.25% 141.30% -6.58% -3.72%
Free Cash Flow Firm Q/Q Growth		 -146.53% 17.17% -9,473.92% 35.18% 8,387.83% 994.04% -49.35% -947.61% 154.33% 19.39% 1,232.26%
Invested Capital Q/Q Growth		 -0.53% -3.61% 373.65% 254.09% 16.86% -5.84% 2.49% 36.42% 13.91% 1.42% -28.41%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 20.61% 30.41% 27.84% 35.54% 39.45% 42.86% 32.59% 24.58% 38.97% 46.00% 43.16%
EBIT Margin		 18.43% 27.56% 26.63% 32.59% 35.93% 39.12% 28.95% 20.49% 36.73% 43.48% 39.57%
Profit (Net Income) Margin		 11.75% 17.41% 17.05% 14.38% 27.81% 29.76% 21.53% 14.74% 27.04% 32.06% 29.87%
Tax Burden Percent		 63.76% 63.15% 64.01% 44.13% 77.41% 76.08% 74.38% 71.93% 73.63% 73.73% 75.48%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 36.24% 36.85% 35.99% 55.87% 22.59% 23.92% 25.62% 28.07% 26.37% 26.27% 24.52%
Return on Invested Capital (ROIC)		 3.15% 4.58% 1.71% 0.97% 3.16% 7.69% 5.85% 3.43% 9.47% 10.10% 8.94%
ROIC Less NNEP Spread (ROIC-NNEP)		 3.15% 4.58% 1.71% 0.97% 3.16% 7.69% 5.85% 3.43% 9.47% 10.10% 8.94%
Return on Net Nonoperating Assets (RNNOA)		 2.78% 4.21% 18.40% 0.00% 26.53% 7.88% 3.66% 1.52% 4.52% 7.56% 4.72%
Return on Equity (ROE)		 5.93% 8.79% 20.12% 0.00% 29.69% 15.57% 9.51% 4.95% 14.00% 17.67% 13.66%
Cash Return on Invested Capital (CROIC)		 -23.26% 21.25% -130.95% -4.57% 102.29% 19.13% 9.24% -36.50% 6.52% -30.86% 38.41%
Operating Return on Assets (OROA)		 0.78% 1.18% 1.36% 2.19% 2.05% 1.95% 1.32% 0.60% 1.51% 2.14% 1.99%
Return on Assets (ROA)		 0.50% 0.74% 0.87% 0.97% 1.59% 1.49% 0.98% 0.43% 1.11% 1.58% 1.50%
Return on Common Equity (ROCE)		 3.84% 7.60% 20.12% 0.00% 29.69% 15.57% 9.51% 4.95% 14.00% 17.67% 13.66%
Return on Equity Simple (ROE_SIMPLE)		 5.22% 9.87% 0.00% 0.00% 14.85% 14.20% 9.06% 3.99% 14.62% 15.89% 12.71%
Net Operating Profit after Tax (NOPAT)		 10 15 16 15 34 39 28 20 67 92 85
NOPAT Margin		 11.75% 17.41% 17.05% 14.38% 27.81% 29.76% 21.53% 14.74% 27.04% 32.06% 29.87%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 53.76% 53.20% 52.47% 49.33% 48.56% 46.78% 49.12% 58.48% 47.32% 38.80% 43.75%
Operating Expenses to Revenue		 85.40% 77.42% 72.55% 65.70% 63.07% 59.67% 63.00% 76.32% 60.65% 50.75% 55.96%
Earnings before Interest and Taxes (EBIT)		 16 24 25 34 44 52 37 28 92 124 113
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 18 27 26 37 48 57 42 33 97 132 123
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.01 1.38 0.00 0.00 1.59 1.37 0.92 0.69 1.50 1.18 1.18
Price to Tangible Book Value (P/TBV)		 1.01 1.38 0.00 0.00 1.76 1.49 0.98 0.87 1.92 1.42 1.43
Price to Revenue (P/Rev)		 1.71 2.44 3.33 3.62 2.98 2.88 2.18 2.56 2.78 2.37 2.78
Price to Earnings (P/E)		 12.46 15.98 19.53 25.14 10.73 9.66 10.13 17.36 10.29 7.40 9.32
Dividend Yield		 0.00% 0.00% 0.29% 0.31% 0.33% 0.31% 0.42% 1.32% 1.29% 1.32% 1.18%
Earnings Yield		 8.03% 6.26% 5.12% 3.98% 9.32% 10.35% 9.87% 5.76% 9.72% 13.51% 10.73%
Enterprise Value to Invested Capital (EV/IC)		 0.88 1.06 0.17 0.24 1.15 1.11 0.24 0.00 1.16 1.00 1.03
Enterprise Value to Revenue (EV/Rev)		 3.72 3.71 2.81 3.62 5.10 4.05 0.87 0.00 3.37 3.83 2.93
Enterprise Value to EBITDA (EV/EBITDA)		 18.04 12.19 10.11 10.17 12.92 9.44 2.67 0.00 8.64 8.32 6.80
Enterprise Value to EBIT (EV/EBIT)		 20.18 13.45 10.57 11.09 14.18 10.35 3.01 0.00 9.16 8.80 7.41
Enterprise Value to NOPAT (EV/NOPAT)		 31.64 21.30 16.51 25.14 18.32 13.60 4.04 0.00 12.45 11.94 9.82
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 15.50 9.50 10.26 11.35 10.19 4.33 0.00 8.62 9.41 6.37
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 4.59 0.00 0.00 0.57 5.47 2.56 0.00 18.10 0.00 2.29
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.88 0.98 0.00 0.00 1.37 0.74 0.52 0.40 0.57 0.89 0.21
Long-Term Debt to Equity		 0.54 0.66 0.00 0.00 0.51 0.39 0.30 0.30 0.30 0.15 0.13
Financial Leverage		 0.88 0.92 10.74 0.00 8.39 1.02 0.63 0.44 0.48 0.75 0.53
Leverage Ratio		 11.89 11.82 23.08 0.00 18.70 10.48 9.70 11.44 12.56 11.18 9.11
Compound Leverage Factor		 11.89 11.82 23.08 0.00 18.70 10.48 9.70 11.44 12.56 11.18 9.11
Debt to Total Capital		 46.67% 49.38% 0.00% 0.00% 57.77% 42.56% 34.33% 28.37% 36.13% 47.23% 17.46%
Short-Term Debt to Total Capital		 18.14% 15.93% 0.00% 0.00% 36.16% 20.09% 14.32% 7.18% 16.92% 39.44% 6.97%
Long-Term Debt to Total Capital		 28.53% 33.45% 0.00% 0.00% 21.61% 22.47% 20.00% 21.19% 19.21% 7.78% 10.49%
Preferred Equity to Total Capital		 13.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 40.33% 50.62% 0.00% 0.00% 42.23% 57.44% 65.67% 71.63% 63.87% 52.77% 82.55%
Debt to EBITDA		 9.55 5.66 0.00 0.00 6.50 3.62 3.81 5.95 2.69 3.93 1.15
Net Debt to EBITDA		 7.07 4.16 0.00 0.00 5.35 2.73 -4.02 -16.55 1.50 3.16 0.35
Long-Term Debt to EBITDA		 5.84 3.83 0.00 0.00 2.43 1.91 2.22 4.44 1.43 0.65 0.69
Debt to NOPAT		 16.76 9.89 0.00 0.00 9.21 5.22 5.77 9.92 3.87 5.63 1.66
Net Debt to NOPAT		 12.40 7.27 0.00 0.00 7.59 3.93 -6.09 -27.60 2.16 4.54 0.50
Long-Term Debt to NOPAT		 10.25 6.70 0.00 0.00 3.45 2.75 3.36 7.41 2.06 0.93 1.00
Noncontrolling Interest Sharing Ratio		 35.18% 13.52% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -75 71 -1,198 -71 1,100 98 44 -213 46 -280 366
Operating Cash Flow to CapEx		 -575.46% 1,690.96% 1,372.41% 3,560.94% 2,897.47% 1,202.58% 662.76% 1,527.15% 2,247.09% 940.54% 1,219.37%
Free Cash Flow to Firm to Interest Expense		 -6.81 7.87 -120.57 -5.66 65.96 5.21 3.53 -25.24 4.49 -7.00 6.51
Operating Cash Flow to Interest Expense		 -0.57 2.33 2.74 2.94 3.29 2.79 2.09 3.67 9.44 2.91 2.34
Operating Cash Flow Less CapEx to Interest Expense		 -0.67 2.19 2.54 2.86 3.18 2.56 1.77 3.43 9.02 2.60 2.15
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.05 0.07 0.06 0.05 0.05 0.03 0.04 0.05 0.05
Fixed Asset Turnover		 1.95 2.16 0.00 0.00 0.00 3.05 2.88 2.04 3.11 3.77 3.43
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 364 308 1,522 1,609 542 484 468 701 722 1,094 813
Invested Capital Turnover		 0.27 0.26 0.10 0.07 0.11 0.26 0.27 0.23 0.35 0.32 0.30
Increase / (Decrease) in Invested Capital		 85 -56 1,214 87 -1,066 -59 -16 233 21 372 -281
Enterprise Value (EV)		 321 328 259 381 623 536 112 -205 839 1,095 838
Market Capitalization		 148 216 306 381 365 381 282 348 693 679 795
Book Value per Share		 $4.99 $5.29 $0.00 $0.00 $7.70 $9.29 $10.46 $17.49 $10.35 $12.92 $14.96
Tangible Book Value per Share		 $4.99 $5.29 $0.00 $0.00 $6.96 $8.58 $9.75 $13.91 $8.10 $10.73 $12.39
Total Capital		 364 308 0.00 0.00 542 484 468 701 722 1,094 813
Total Debt		 170 152 0.00 0.00 313 206 161 199 261 517 142
Total Long-Term Debt		 104 103 0.00 0.00 117 109 94 149 139 85 85
Net Debt		 126 112 -47 0.00 258 155 -169 -553 146 416 43
Capital Expenditures (CapEx)		 1.10 1.25 1.99 1.04 1.90 4.38 3.92 2.03 4.33 12 11
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 170 152 1,522 1,609 313 206 161 199 261 517 142
Total Depreciation and Amortization (D&A)		 1.89 2.51 1.11 3.11 4.30 4.95 4.71 5.55 5.59 7.20 10
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.46 $0.46 $0.53 $0.51 $1.14 $1.32 $0.94 $0.66 $1.51 $2.05 $1.90
Adjusted Weighted Average Basic Shares Outstanding		 29.47M 29.48M 29.56M 29.69M 29.89M 30.02M 29.13M 44.46M 44.67M 44.80M 45.05M
Adjusted Diluted Earnings per Share		 $0.46 $0.46 $0.53 $0.50 $1.12 $1.30 $0.92 $0.65 $1.49 $2.02 $1.87
Adjusted Weighted Average Diluted Shares Outstanding		 29.47M 29.48M 29.56M 29.69M 29.89M 30.02M 29.13M 44.46M 44.67M 44.80M 45.05M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 29.47M 29.48M 29.56M 29.69M 29.89M 30.02M 29.13M 44.46M 44.67M 44.80M 45.05M
Normalized Net Operating Profit after Tax (NOPAT)		 10 15 16 24 34 39 28 20 67 92 85
Normalized NOPAT Margin		 11.75% 17.41% 17.05% 22.81% 27.81% 29.76% 21.53% 14.74% 27.04% 32.06% 29.87%
Pre Tax Income Margin		 18.43% 27.56% 26.63% 32.59% 35.93% 39.12% 28.95% 20.49% 36.73% 43.48% 39.57%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.45 2.68 2.47 2.72 2.63 2.75 3.00 3.30 8.87 3.11 2.01
NOPAT to Interest Expense		 0.92 1.70 1.58 1.20 2.04 2.09 2.23 2.37 6.53 2.29 1.52
EBIT Less CapEx to Interest Expense		 1.35 2.55 2.27 2.63 2.52 2.52 2.69 3.06 8.45 2.80 1.82
NOPAT Less CapEx to Interest Expense		 0.82 1.56 1.38 1.12 1.93 1.86 1.92 2.13 6.11 1.98 1.32
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 122.24% 15.71% 5.66% 7.82% 3.50% 3.03% 4.26% 23.01% 13.17% 9.75% 11.04%
Augmented Payout Ratio		 122.69% 16.47% 7.28% 9.38% 4.98% 4.72% 25.55% 74.98% 13.84% 10.41% 12.27%

Quarterly Metrics And Ratios for Old Second Bancorp

This table displays calculated financial ratios and metrics derived from Old Second Bancorp's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 109.85% 85.84% 30.61% 31.81% 8.71% -4.21% -1.61% -1.37% -2.40% 4.62% 4.01%
EBITDA Growth		 117.22% 371.51% 66.49% 84.44% 18.49% -3.48% -6.50% -13.22% -6.46% 3.12% -5.70%
EBIT Growth		 134.59% 376.05% 94.69% 109.72% 22.23% -21.71% -10.84% -16.54% -8.11% 1.74% -8.21%
NOPAT Growth		 132.09% 392.36% 96.40% 108.72% 24.65% -22.82% -9.72% -14.36% -5.69% 4.86% -6.95%
Net Income Growth		 132.09% 360.45% 96.40% 108.72% 24.65% -22.82% -9.72% -14.36% -5.69% 4.86% -6.95%
EPS Growth		 48.28% 252.94% 92.59% 107.41% 25.58% -23.08% -9.62% -14.29% -7.41% 5.00% -8.51%
Operating Cash Flow Growth		 25.47% 289.07% 6,985.83% -210.66% 148.05% -22.00% 35.10% 139.90% -40.68% -17.48% -62.36%
Free Cash Flow Firm Growth		 -104.74% 101.06% -93.34% -480.84% -318.22% -13,885.23% 118.73% 112.19% 91.93% 184.83% 143.82%
Invested Capital Growth		 23.37% 3.00% 49.76% 77.91% 70.17% 51.52% -3.57% -3.09% 5.27% -25.69% -12.46%
Revenue Q/Q Growth		 23.11% 8.90% -2.19% 0.51% 1.54% -4.04% 0.46% 0.76% 0.48% 2.86% -0.12%
EBITDA Q/Q Growth		 47.02% -3.59% 18.42% 9.89% -5.55% -21.47% 18.10% 1.99% 1.81% -13.42% 4.90%
EBIT Q/Q Growth		 59.37% 19.85% 0.50% 9.25% -7.12% -23.23% 14.46% 2.27% 2.26% -15.00% 3.26%
NOPAT Q/Q Growth		 59.41% 20.96% -0.03% 8.28% -4.80% -25.11% 16.94% 2.72% 4.84% -16.74% 3.77%
Net Income Q/Q Growth		 59.41% 20.96% -0.03% 8.28% -4.80% -25.11% 16.94% 2.72% 4.84% -16.74% 3.77%
EPS Q/Q Growth		 59.26% 20.93% 0.00% 7.69% -3.57% -25.93% 17.50% 2.13% 4.17% -16.00% 2.38%
Operating Cash Flow Q/Q Growth		 23.89% 13.11% -6.11% -184.11% 377.70% -64.43% 62.62% -75.16% 312.83% -50.52% -25.66%
Free Cash Flow Firm Q/Q Growth		 -26.12% 102.55% -11,733.63% -55.09% 9.19% 15.87% 115.80% 0.92% -160.16% 984.22% -54.58%
Invested Capital Q/Q Growth		 1.08% 13.91% 34.28% 15.07% -3.32% 1.42% -14.54% 15.64% 5.03% -28.41% 0.67%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 43.50% 38.51% 46.62% 50.96% 47.41% 38.80% 44.30% 44.84% 45.43% 38.24% 40.17%
EBIT Margin		 39.63% 43.61% 44.81% 48.71% 44.56% 35.64% 40.61% 41.22% 41.95% 34.66% 35.84%
Profit (Net Income) Margin		 29.11% 32.33% 33.05% 35.60% 33.38% 26.05% 30.32% 30.91% 32.25% 26.11% 27.13%
Tax Burden Percent		 73.46% 74.14% 73.74% 73.09% 74.91% 73.08% 74.67% 74.99% 76.89% 75.32% 75.69%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 26.54% 25.86% 26.26% 26.91% 25.09% 26.92% 25.33% 25.01% 23.11% 24.68% 24.31%
Return on Invested Capital (ROIC)		 10.93% 11.33% 10.87% 11.58% 11.27% 8.21% 9.07% 7.99% 8.22% 7.82% 8.92%
ROIC Less NNEP Spread (ROIC-NNEP)		 10.93% 11.33% 10.87% 11.58% 11.27% 8.21% 9.07% 7.99% 8.22% 7.82% 8.92%
Return on Net Nonoperating Assets (RNNOA)		 5.69% 5.41% 7.38% 9.38% 8.71% 6.15% 6.74% 7.50% 7.03% 4.12% 3.20%
Return on Equity (ROE)		 16.62% 16.74% 18.25% 20.95% 19.98% 14.35% 15.81% 15.49% 15.25% 11.94% 12.12%
Cash Return on Invested Capital (CROIC)		 -14.87% 6.52% -30.08% -45.47% -40.60% -30.86% 13.03% 10.95% 2.48% 38.41% 22.84%
Operating Return on Assets (OROA)		 1.85% 1.80% 1.96% 2.32% 2.20% 1.76% 2.01% 2.03% 2.07% 1.74% 1.82%
Return on Assets (ROA)		 1.36% 1.33% 1.45% 1.70% 1.65% 1.28% 1.50% 1.52% 1.59% 1.31% 1.38%
Return on Common Equity (ROCE)		 16.62% 16.74% 18.25% 20.95% 19.98% 14.35% 15.81% 15.49% 15.25% 11.94% 12.12%
Return on Equity Simple (ROE_SIMPLE)		 8.01% 0.00% 15.90% 17.96% 18.24% 0.00% 15.00% 13.85% 12.76% 0.00% 12.06%
Net Operating Profit after Tax (NOPAT)		 20 24 24 26 24 18 21 22 23 19 20
NOPAT Margin		 29.11% 32.33% 33.05% 35.60% 33.38% 26.05% 30.32% 30.91% 32.25% 26.11% 27.13%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 41.39% 43.13% 38.69% 37.37% 39.28% 39.87% 43.66% 42.33% 43.88% 45.10% 46.59%
Operating Expenses to Revenue		 53.66% 54.33% 50.29% 48.51% 51.33% 52.92% 54.41% 53.49% 55.24% 60.55% 60.88%
Earnings before Interest and Taxes (EBIT)		 27 32 32 35 32 25 29 29 30 25 26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 29 28 33 37 35 27 31 32 32 28 29
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.30 1.50 1.24 1.12 1.12 1.18 1.03 1.07 1.05 1.18 1.08
Price to Tangible Book Value (P/TBV)		 1.70 1.92 1.55 1.38 1.38 1.42 1.23 1.27 1.23 1.43 1.29
Price to Revenue (P/Rev)		 2.63 2.78 2.31 2.03 2.07 2.37 2.16 2.33 2.47 2.78 2.59
Price to Earnings (P/E)		 16.30 10.29 7.79 6.22 6.16 7.40 6.89 7.72 8.26 9.32 8.91
Dividend Yield		 1.57% 1.29% 1.45% 1.56% 1.49% 1.32% 1.45% 1.35% 1.29% 1.18% 1.33%
Earnings Yield		 6.14% 9.72% 12.84% 16.09% 16.25% 13.51% 14.52% 12.95% 12.11% 10.73% 11.22%
Enterprise Value to Invested Capital (EV/IC)		 1.03 1.16 1.02 0.95 0.96 1.00 0.92 0.93 0.93 1.03 0.75
Enterprise Value to Revenue (EV/Rev)		 3.02 3.37 3.70 3.75 3.58 3.83 3.01 3.53 3.74 2.93 2.13
Enterprise Value to EBITDA (EV/EBITDA)		 11.08 8.64 8.92 8.36 7.80 8.32 6.53 7.93 8.49 6.80 5.06
Enterprise Value to EBIT (EV/EBIT)		 13.49 9.16 9.19 8.47 7.88 8.80 7.08 8.71 9.38 7.41 5.56
Enterprise Value to NOPAT (EV/NOPAT)		 18.72 12.45 12.47 11.51 10.65 11.94 9.58 11.70 12.50 9.82 7.33
Enterprise Value to Operating Cash Flow (EV/OCF)		 16.11 8.62 7.47 14.02 8.30 9.41 6.66 5.90 7.72 6.37 6.03
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 18.10 0.00 0.00 0.00 0.00 6.91 8.34 38.38 2.29 3.07
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.46 0.57 0.95 1.17 1.03 0.89 0.57 0.75 0.72 0.21 0.18
Long-Term Debt to Equity		 0.32 0.30 0.26 0.17 0.16 0.15 0.14 0.14 0.13 0.13 0.12
Financial Leverage		 0.52 0.48 0.68 0.81 0.77 0.75 0.74 0.94 0.85 0.53 0.36
Leverage Ratio		 12.24 12.56 12.61 12.35 12.14 11.18 10.55 10.19 9.57 9.11 8.79
Compound Leverage Factor		 12.24 12.56 12.61 12.35 12.14 11.18 10.55 10.19 9.57 9.11 8.79
Debt to Total Capital		 31.57% 36.13% 48.75% 53.93% 50.62% 47.23% 36.23% 42.71% 41.75% 17.46% 15.14%
Short-Term Debt to Total Capital		 9.54% 16.92% 35.37% 46.30% 42.73% 39.44% 27.12% 34.83% 34.25% 6.97% 4.72%
Long-Term Debt to Total Capital		 22.03% 19.21% 13.38% 7.63% 7.89% 7.78% 9.11% 7.88% 7.51% 10.49% 10.42%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 68.43% 63.87% 51.25% 46.07% 49.38% 52.77% 63.77% 57.29% 58.25% 82.55% 84.86%
Debt to EBITDA		 3.41 2.69 4.28 4.73 4.12 3.93 2.58 3.65 3.82 1.15 1.02
Net Debt to EBITDA		 1.43 1.50 3.35 3.84 3.30 3.16 1.83 2.70 2.88 0.35 -1.09
Long-Term Debt to EBITDA		 2.38 1.43 1.17 0.67 0.64 0.65 0.65 0.67 0.69 0.69 0.70
Debt to NOPAT		 5.76 3.87 5.98 6.52 5.62 5.63 3.79 5.38 5.62 1.66 1.48
Net Debt to NOPAT		 2.42 2.16 4.68 5.30 4.50 4.54 2.69 3.97 4.25 0.50 -1.58
Long-Term Debt to NOPAT		 4.02 2.06 1.64 0.92 0.88 0.93 0.95 0.99 1.01 1.00 1.02
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -101 2.57 -299 -463 -420 -354 56 56 -34 300 136
Operating Cash Flow to CapEx		 2,881.21% 2,243.26% 2,243.85% -1,979.96% 1,581.41% 699.21% 1,420.12% 396.49% 2,068.19% 1,116.61% 1,108.64%
Free Cash Flow to Firm to Interest Expense		 -41.22 0.70 -49.16 -44.92 -37.54 -28.39 4.13 4.17 -2.19 21.91 12.78
Operating Cash Flow to Interest Expense		 13.51 10.20 5.76 -2.86 7.30 2.33 3.49 0.87 3.13 1.75 1.67
Operating Cash Flow Less CapEx to Interest Expense		 13.05 9.75 5.51 -3.00 6.84 2.00 3.25 0.65 2.98 1.60 1.52
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.05 0.04 0.04 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05
Fixed Asset Turnover		 3.55 3.11 3.35 3.66 3.76 3.77 3.70 3.65 3.54 3.43 3.42
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 634 722 969 1,116 1,079 1,094 935 1,081 1,135 813 818
Invested Capital Turnover		 0.38 0.35 0.33 0.33 0.34 0.32 0.30 0.26 0.25 0.30 0.33
Increase / (Decrease) in Invested Capital		 120 21 322 489 445 372 -35 -35 57 -281 -116
Enterprise Value (EV)		 650 839 985 1,063 1,035 1,095 857 1,003 1,055 838 615
Market Capitalization		 566 693 615 574 598 679 616 662 697 795 747
Book Value per Share		 $9.73 $10.35 $11.12 $11.51 $11.92 $12.92 $13.31 $13.81 $14.75 $14.96 $15.42
Tangible Book Value per Share		 $7.47 $8.10 $8.90 $9.29 $9.72 $10.73 $11.14 $11.66 $12.61 $12.39 $12.88
Total Capital		 634 722 969 1,116 1,079 1,094 935 1,081 1,135 813 818
Total Debt		 200 261 473 602 546 517 339 462 474 142 124
Total Long-Term Debt		 140 139 130 85 85 85 85 85 85 85 85
Net Debt		 84 146 370 489 437 416 241 341 358 43 -132
Capital Expenditures (CapEx)		 1.14 1.66 1.56 1.49 5.17 4.16 3.33 2.96 2.35 2.15 1.61
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 200 261 473 602 546 517 339 462 474 142 124
Total Depreciation and Amortization (D&A)		 2.59 -3.73 1.29 1.62 2.08 2.21 2.59 2.57 2.48 2.62 3.16
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.43 $0.53 $0.53 $0.57 $0.55 $0.40 $0.48 $0.48 $0.52 $0.42 $0.44
Adjusted Weighted Average Basic Shares Outstanding		 44.57M 44.67M 44.67M 44.68M 44.70M 44.80M 44.85M 44.85M 44.85M 45.05M 45.06M
Adjusted Diluted Earnings per Share		 $0.43 $0.52 $0.52 $0.56 $0.54 $0.40 $0.47 $0.48 $0.50 $0.42 $0.43
Adjusted Weighted Average Diluted Shares Outstanding		 44.57M 44.67M 44.67M 44.68M 44.70M 44.80M 44.85M 44.85M 44.85M 45.05M 45.06M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 44.57M 44.67M 44.67M 44.68M 44.70M 44.80M 44.85M 44.85M 44.85M 45.05M 45.06M
Normalized Net Operating Profit after Tax (NOPAT)		 20 24 24 26 24 18 21 22 23 19 20
Normalized NOPAT Margin		 29.11% 32.33% 33.05% 35.60% 33.38% 26.05% 30.32% 30.91% 32.25% 26.11% 27.13%
Pre Tax Income Margin		 39.63% 43.61% 44.81% 48.71% 44.56% 35.64% 40.61% 41.22% 41.95% 34.66% 35.84%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 10.90 8.72 5.27 3.39 2.90 2.00 2.11 2.16 1.93 1.85 2.46
NOPAT to Interest Expense		 8.00 6.46 3.89 2.48 2.17 1.46 1.57 1.62 1.48 1.40 1.86
EBIT Less CapEx to Interest Expense		 10.43 8.26 5.01 3.25 2.44 1.67 1.86 1.94 1.78 1.70 2.31
NOPAT Less CapEx to Interest Expense		 7.54 6.01 3.63 2.34 1.71 1.13 1.33 1.40 1.33 1.24 1.71
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 23.28% 13.17% 11.29% 9.68% 9.21% 9.75% 10.00% 10.43% 10.61% 11.04% 11.78%
Augmented Payout Ratio		 24.65% 13.84% 12.64% 10.39% 9.84% 10.41% 10.87% 11.35% 11.55% 12.27% 13.81%

Financials Breakdown Chart

Key Financial Trends

Old Second Bancorp Inc. (NASDAQ: OSBC) has demonstrated consistent financial performance across recent quarters and years, with steady growth and stability in key financial metrics over the last four years.

Key Positive Trends:

  • Net interest income showed resilience, with Q1 2025 recorded at approximately $62.9 million, slightly up from Q4 2024's $61.6 million, reflecting stable interest-earning assets.
  • Non-interest income remains an important contributor, totaling about $10.2 million in Q1 2025, which contributes to diversification of revenue streams.
  • Net income has been growing steadily; Q1 2025 net income was $19.8 million compared with $19.1 million in Q4 2024 and $18.2 million in Q4 2023, indicating improved profitability.
  • Earnings per diluted share have increased modestly, from $0.40 in Q4 2023 to $0.43 in Q1 2025, showing earnings growth retained on a per-share basis.
  • Loans and leases increased over time, with net loans reaching approximately $3.9 billion by Q1 2025, reflecting sustained lending activity.
  • Cash and due from banks rose to about $52.7 million in Q1 2025 from roughly $49 million a year earlier, indicating improved liquidity.
  • Consistent payment of dividends was maintained at $0.06 per share in Q1 2025, up slightly from $0.05 in prior quarters, showing shareholder return focus.
  • Strong operating cash flow was evident with Q1 2025 net funds from continuing operating activities of $17.8 million, supporting operational health.
  • Total assets have grown steadily, reaching $5.73 billion by Q1 2025 compared to approximately $5.62 billion in Q1 2024.
  • Deposits have increased consistently, with net change in deposits showing a significant increase of about $84.3 million in Q1 2025, implying customer deposit growth and stronger funding.

Neutral Observations:

  • Provision for credit losses fluctuated but remained manageable at $2.4 million in Q1 2025; while higher provisions can reflect conservative credit risk management, fluctuations add some uncertainty.
  • Other non-interest income showed minor volatility but contributed modestly overall.
  • Allowance for loan and lease losses stood at about $41.5 million as of Q1 2025, reflecting ongoing risk monitoring but has shown slight variations.
  • Total non-interest expense increased slightly to $44.5 million in Q1 2025, compared to $44.3 million in Q4 2024, mainly driven by employee benefits and operational costs, indicating controlled expense growth.
  • Long-term debt interest expense remained relatively stable around $0.8 million per quarter, consistent with maintained debt levels.

Potential Concerns / Negative Trends:

  • Interest expense increased in some quarters, reaching $13.7 million in Q4 2024, up from $3.65 million in Q4 2022, largely due to higher short-term borrowings expense, which could pressure net interest margin.
  • Short-term debt showed a notable increase with $38.7 million outstanding at Q1 2025 compared to $25.3 million in Q1 2024, potentially indicating increased reliance on short-term funding.
  • The allowance for loan and lease losses remains a significant amount and some uptick in provisions for credit losses highlights credit risk that warrants ongoing monitoring.
  • Net cash from financing activities has been negative in multiple quarters, reflecting dividend payments, debt repayments, and share repurchases which, if continued aggressively, could constrain liquidity.

Overall Analysis:

Old Second Bancorp has shown stable earnings growth supported by consistent interest income and steady non-interest revenues. The bank's asset base and deposits have increased, indicating healthy expansion. Expense control appears to be in place, though credit provision levels require careful watch due to some recent increases. The use of short-term debt needs attention to ensure the funding mix does not become overly reliant on short-term borrowings.

Investors might view OSBC as a relatively steady regional bank with moderate growth prospects, consistent dividend payments, and sound financial metrics. However, monitoring credit risk and funding composition will be important going forward.

10/23/25 04:34 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Old Second Bancorp's Financials

When does Old Second Bancorp's financial year end?

According to the most recent income statement we have on file, Old Second Bancorp's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Old Second Bancorp's net income changed over the last 10 years?

Old Second Bancorp's net income appears to be on an upward trend, with a most recent value of $85.26 million in 2024, rising from $10.14 million in 2014. The previous period was $91.73 million in 2023. Check out Old Second Bancorp's forecast to explore projected trends and price targets.

How has Old Second Bancorp's revenue changed over the last 10 years?

Over the last 10 years, Old Second Bancorp's total revenue changed from $86.28 million in 2014 to $285.45 million in 2024, a change of 230.9%.

How much debt does Old Second Bancorp have?

Old Second Bancorp's total liabilities were at $4.98 billion at the end of 2024, a 3.2% decrease from 2023, and a 166.6% increase since 2014.

How much cash does Old Second Bancorp have?

In the past 10 years, Old Second Bancorp's cash and equivalents has ranged from $0.00 in 2017 to $56.63 million in 2022, and is currently $52.18 million as of their latest financial filing in 2024.

How has Old Second Bancorp's book value per share changed over the last 10 years?

Over the last 10 years, Old Second Bancorp's book value per share changed from 4.99 in 2014 to 14.96 in 2024, a change of 200.0%.


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This page (NASDAQ:OSBC) was last updated on 10/23/2025 by MarketBeat.com Staff
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