Old Second Bancorp (OSBC) Financials

$18.39 +0.80 (+4.55%)

Closing price 08/22/2025 04:00 PM Eastern

Extended Trading

$18.39 0.00 (0.00%)

As of 08/22/2025 05:10 PM Eastern

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

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

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

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

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

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

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%

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%

Key Financial Trends

Old Second Bancorp (NASDAQ:OSBC) has demonstrated consistent profitability and stable financial performance over the past four years through Q1 2025. Below is an analysis of key trends and financial data points extracted from the company's quarterly statements.

Positive Trends and Highlights:

Net interest income remains strong and relatively stable, with Q1 2025 reporting $62.9 million, up from $61.6 million in Q4 2024, indicating effective core banking operations.
Consistent net income growth: Q1 2025 net income was $19.8 million, up from $19.1 million in Q4 2024 and showing growth from prior years, highlighting steadily improving profitability.
Provision for credit losses remains moderate at $2.4 million in Q1 2025 compared to higher levels in past quarters (e.g., $8 million in Q4 2023), reflecting manageable credit risk.
Non-interest income, including service charges and capital gains, remains a meaningful contributor with $10.2 million in Q1 2025, supporting revenue diversification.
Strong net cash flows from operating activities in Q1 2025 at approximately $17.8 million, showing solid cash generation from core operations.
Increase in total assets from $5.62 billion in Q1 2024 to $5.73 billion in Q1 2025, suggesting growth in the asset base.
Total deposits increased notably, with interest-bearing deposits reaching $3.14 billion in Q1 2025, up from around $2.81 billion in Q2 2024, indicating strong deposit growth and funding capacity.
Equity has increased from approximately $496 million in Q1 2024 to $694 million in Q1 2025, reflecting improved capitalization and retained earnings growth.
Dividend payments remain consistent, with a quarterly dividend of $0.06 per share paid in Q1 2025, indicating a shareholder-friendly capital allocation policy.
The company has actively managed debt, with repayments observed in Q1 2025, helping to moderate interest expenses.

Neutral Observations:

Salaries and employee benefits expense increased to $27 million in Q1 2025 from $25.6 million in Q4 2024, potentially reflecting inflationary pressures or increased headcount.
Marketing and other operating expenses have varied quarter to quarter but remain a manageable portion of overall expenses.
Amortization expense rose moderately to about $1.04 million in Q1 2025, possibly due to acquisitions or intangible asset amortization.
Allowance for loan and lease losses decreased slightly from $44.1 million in Q4 2024 to $41.6 million in Q1 2025, which could reflect improved credit quality or portfolio changes.
Weighted average shares outstanding have remained stable near 45 million, indicating a steady share base without significant dilution.

Negative Factors to Consider:

Interest expense remains significant, with $10.66 million in Q1 2025, though down from $13.7 million in Q4 2024, posing ongoing pressure on net interest margin.
Other operating expenses are elevated at $8.94 million in Q1 2025 compared to prior quarters, which could impact operating efficiency if the trend continues.
There were net cash outflows related to investing activities such as sizeable purchases of investment securities ($46.1 million in Q1 2025), which could impact liquidity if not managed carefully.
Non-interest income had a small negative component in other non-interest income (-$72,000 in Q1 2025), which may be noise but warrants monitoring in the context of operational changes.
The accumulated other comprehensive income (AOCI) remains negative (approximately -$41.4 million in Q1 2025), signifying unrealized losses on certain investments or pension liabilities that could affect equity.

Summary:

Old Second Bancorp exhibits solid financial health anchored by stable net interest income, expanding asset base, and growing shareholder equity. The company has managed credit provisions well amid changing economic conditions, supporting a positive net income trajectory. However, investors should watch interest expense management, operating cost trends, and investment activities that could influence liquidity. Overall, the consistent dividend payments and strengthening balance sheet reinforce Old Second Bancorp's position as a dependable regional banking franchise with potential for steady growth.

08/23/25 09:41 AMAI 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. See where experts think Old Second Bancorp is headed by visiting Old Second Bancorp's forecast page.

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 8/23/2025 by MarketBeat.com Staff

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Old Second Bancorp (OSBC) Financials

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