Old Second Bancorp Inc Ill Financials
This page shows Old Second Bancorp Inc Ill (OSBC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Old Second Bancorp Inc Ill's revenue grew a modest 2.0% year-over-year to $297.9M. This slow but positive growth earns a score of 34/100.
Old Second Bancorp Inc Ill has elevated debt relative to equity (D/E of 7.42), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Old Second Bancorp Inc Ill converts 40.5% of revenue into free cash flow ($120.7M). This strong cash generation earns a score of 100/100.
Old Second Bancorp Inc Ill's ROE of 12.7% shows moderate profitability relative to equity, earning a score of 51/100. This is down from 15.9% the prior year.
Old Second Bancorp Inc Ill passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Old Second Bancorp Inc Ill generates $1.54 in operating cash flow ($131.5M OCF vs $85.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Old Second Bancorp Inc Ill generated $297.9M in revenue in fiscal year 2024. This represents an increase of 2.0% from the prior year.
Old Second Bancorp Inc Ill generated $120.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 16.1% from the prior year.
Old Second Bancorp Inc Ill reported $85.3M in net income in fiscal year 2024. This represents a decrease of 7.0% from the prior year.
Old Second Bancorp Inc Ill earned $1.87 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 7.4% from the prior year.
Old Second Bancorp Inc Ill held $99.3M in cash against $0 in long-term debt as of fiscal year 2024.
Old Second Bancorp Inc Ill paid $0.21 per share in dividends in fiscal year 2024. This represents an increase of 5.0% from the prior year.
Old Second Bancorp Inc Ill had 45M shares outstanding in fiscal year 2024. This represents an increase of 0.4% from the prior year.
Old Second Bancorp Inc Ill's net profit margin was 28.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 2.8 percentage points from the prior year.
Old Second Bancorp Inc Ill's ROE was 12.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 3.2 percentage points from the prior year.
Old Second Bancorp Inc Ill spent $1.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 73.2% from the prior year.
Old Second Bancorp Inc Ill invested $10.8M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 12.8% from the prior year.
OSBC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $104.1M+38.3% | $75.2M+2.3% | $73.6M-2.3% | $75.3M+2.8% | $73.2M-0.1% | $73.3M-0.5% | $73.7M-0.7% | $74.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $21.3M+93.6% | $11.0M+3.2% | $10.7M-22.2% | $13.7M+1.2% | $13.5M-0.1% | $13.5M+8.7% | $12.5M+11.3% | $11.2M |
| Income Tax | $3.2M-56.7% | $7.4M+16.0% | $6.4M+1.7% | $6.3M-14.2% | $7.3M+0.9% | $7.2M+7.7% | $6.7M-17.6% | $8.1M |
| Net Income | $9.9M-54.8% | $21.8M+10.0% | $19.8M+3.8% | $19.1M-12.7% | $21.9M+2.7% | $21.3M+16.9% | $18.2M-25.1% | $24.3M |
| EPS (Diluted) | $0.18-62.5% | $0.48+11.6% | $0.43+2.4% | $0.42-12.5% | $0.48+2.1% | $0.47+17.5% | $0.40-25.9% | $0.54 |
OSBC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.0B+22.6% | $5.7B-0.5% | $5.7B+1.4% | $5.6B-0.2% | $5.7B+0.8% | $5.6B-1.9% | $5.7B-0.6% | $5.8B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $116.5M-17.8% | $141.8M-44.6% | $256.1M+157.9% | $99.3M-17.8% | $120.9M+23.2% | $98.1M-2.0% | $100.1M-8.2% | $109.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $130.3M+39.7% | $93.2M0.0% | $93.2M0.0% | $93.3M+7.8% | $86.5M0.0% | $86.5M0.0% | $86.5M0.0% | $86.5M |
| Total Liabilities | $6.1B+22.9% | $5.0B-1.0% | $5.0B+1.1% | $5.0B-1.3% | $5.0B+0.5% | $5.0B-2.4% | $5.1B-1.5% | $5.2B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $866.7M+20.6% | $718.6M+3.5% | $694.5M+3.5% | $671.0M+8.3% | $619.3M+3.9% | $596.2M+3.3% | $577.3M+8.4% | $532.6M |
| Retained Earnings | $512.1M+1.3% | $505.4M+3.9% | $486.3M+3.7% | $469.2M+8.6% | $432.0M+4.8% | $412.4M+4.9% | $393.3M+4.2% | $377.3M |
OSBC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $35.9M+48.2% | $24.2M+35.9% | $17.8M-25.7% | $24.0M+106.0% | $11.6M-75.4% | $47.4M+63.0% | $29.1M-64.4% | $81.8M |
| Capital Expenditures | $1.2M+55.4% | $789K-51.0% | $1.6M-25.1% | $2.1M-27.5% | $3.0M-11.0% | $3.3M-19.9% | $4.2M-19.6% | $5.2M |
| Free Cash Flow | $34.7M+48.0% | $23.5M+44.5% | $16.2M-25.7% | $21.8M+151.5% | $8.7M-80.3% | $44.1M+76.8% | $24.9M-67.5% | $76.6M |
| Investing Cash Flow | $91.8M+201.8% | -$90.2M-217.5% | $76.7M-70.4% | $259.3M+1223.9% | -$23.1M-124.6% | $93.9M+153.5% | $37.0M-50.9% | $75.5M |
| Financing Cash Flow | -$153.0M-215.8% | -$48.4M-177.9% | $62.2M+120.8% | -$299.7M-975.9% | $34.2M+123.9% | -$143.3M-91.1% | -$75.0M+53.4% | -$160.8M |
| Dividends Paid | $3.2M+16.7% | $2.7M+0.3% | $2.7M+0.1% | $2.7M+20.0% | $2.2M+0.2% | $2.2M+0.2% | $2.2M-0.1% | $2.2M |
| Share Buybacks | $5.9M+9390.3% | $62K-95.7% | $1.4M+456.4% | $257K+1613.3% | $15K-98.1% | $776K | $0 | $0 |
OSBC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 9.5%-19.5pp | 29.0%+2.0pp | 27.0%+1.6pp | 25.4%-4.5pp | 29.9%+0.8pp | 29.1%+4.3pp | 24.7%-8.0pp | 32.8% |
| Return on Equity | 1.1%-1.9pp | 3.0%+0.2pp | 2.9%0.0pp | 2.9%-0.7pp | 3.5%-0.0pp | 3.6%+0.4pp | 3.2%-1.4pp | 4.6% |
| Return on Assets | 0.1%-0.2pp | 0.4%+0.0pp | 0.4%+0.0pp | 0.3%-0.1pp | 0.4%0.0pp | 0.4%+0.1pp | 0.3%-0.1pp | 0.4% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 7.07+0.1 | 6.93-0.3 | 7.25-0.2 | 7.42-0.7 | 8.14-0.3 | 8.42-0.5 | 8.91-0.9 | 9.81 |
| FCF Margin | 33.4%+2.2pp | 31.2%+9.1pp | 22.1%-7.0pp | 29.0%+17.2pp | 11.9%-48.2pp | 60.1%+26.3pp | 33.8%-69.4pp | 103.2% |
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Frequently Asked Questions
What is Old Second Bancorp Inc Ill's annual revenue?
Old Second Bancorp Inc Ill (OSBC) reported $297.9M in total revenue for fiscal year 2024. This represents a 2.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Old Second Bancorp Inc Ill's revenue growing?
Old Second Bancorp Inc Ill (OSBC) revenue grew by 2% year-over-year, from $292.0M to $297.9M in fiscal year 2024.
Is Old Second Bancorp Inc Ill profitable?
Yes, Old Second Bancorp Inc Ill (OSBC) reported a net income of $85.3M in fiscal year 2024, with a net profit margin of 28.6%.
What is Old Second Bancorp Inc Ill's earnings per share (EPS)?
Old Second Bancorp Inc Ill (OSBC) reported diluted earnings per share of $1.87 for fiscal year 2024. This represents a -7.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Old Second Bancorp Inc Ill's net profit margin?
Old Second Bancorp Inc Ill (OSBC) had a net profit margin of 28.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Old Second Bancorp Inc Ill pay dividends?
Yes, Old Second Bancorp Inc Ill (OSBC) paid $0.21 per share in dividends during fiscal year 2024.
What is Old Second Bancorp Inc Ill's return on equity (ROE)?
Old Second Bancorp Inc Ill (OSBC) has a return on equity of 12.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Old Second Bancorp Inc Ill's free cash flow?
Old Second Bancorp Inc Ill (OSBC) generated $120.7M in free cash flow during fiscal year 2024. This represents a 16.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Old Second Bancorp Inc Ill's operating cash flow?
Old Second Bancorp Inc Ill (OSBC) generated $131.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Old Second Bancorp Inc Ill's total assets?
Old Second Bancorp Inc Ill (OSBC) had $5.6B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Old Second Bancorp Inc Ill's capital expenditures?
Old Second Bancorp Inc Ill (OSBC) invested $10.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Old Second Bancorp Inc Ill buy back shares?
Yes, Old Second Bancorp Inc Ill (OSBC) spent $1.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Old Second Bancorp Inc Ill have outstanding?
Old Second Bancorp Inc Ill (OSBC) had 45M shares outstanding as of fiscal year 2024.
What is Old Second Bancorp Inc Ill's debt-to-equity ratio?
Old Second Bancorp Inc Ill (OSBC) had a debt-to-equity ratio of 7.42 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Old Second Bancorp Inc Ill's return on assets (ROA)?
Old Second Bancorp Inc Ill (OSBC) had a return on assets of 1.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Old Second Bancorp Inc Ill's Piotroski F-Score?
Old Second Bancorp Inc Ill (OSBC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Old Second Bancorp Inc Ill's earnings high quality?
Old Second Bancorp Inc Ill (OSBC) has an earnings quality ratio of 1.54x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Old Second Bancorp Inc Ill?
Old Second Bancorp Inc Ill (OSBC) scores 46 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.