Old Second Financials

OSBC Stock  USD 16.92  0.10  0.59%   
Based on the measurements of operating efficiency obtained from Old Second's historical financial statements, Old Second Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Old Second's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 492.6 M, whereas Short and Long Term Debt Total is forecasted to decline to about 19 M. Key indicators impacting Old Second's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.02830.0298
Notably Down
Slightly volatile
Current Ratio10760.6938
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for Old Second includes many different criteria found on its balance sheet. An individual investor should monitor Old Second's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Old Second.

Net Income

89.53 Million

  
Please note, the presentation of Old Second's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Old Second's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Old Second's management manipulating its earnings.

Old Second Stock Summary

Old Second competes with Ohio Valley, Peoples Bancorp, OceanFirst Financial, QCR Holdings, and Peapack Gladstone. Old Second Bancorp, Inc. operates as the bank holding company for Old Second National Bank that provides community banking services. Old Second Bancorp, Inc. was incorporated in 1981 and is headquartered in Aurora, Illinois. Old Second operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 891 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6802771005
CUSIP680277100
LocationIllinois; U.S.A
Business Address37 South River
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.oldsecond.com
Phone630 892 0202
CurrencyUSD - US Dollar

Old Second Key Financial Ratios

Old Second Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets3.0B6.2B5.9B5.7B5.6B5.9B
Other Current Liab2.5B5.5B(99M)3.5B(20M)(19M)
Net Debt(236.4M)(603.6M)113.5M390.0M(32.2M)(30.6M)
Retained Earnings236.6M252.0M310.5M393.3M469.2M492.6M
Cash329.9M752.1M115.2M100.1M52.2M49.6M
Other Assets1.5B1.7B2.2B(1.7B)4.2B4.4B
Total Liab93.5M148.5M5.4B5.1B5.0B5.2B
Total Current Assets967.7M2.6B1.9B1.8B1.2B1.4B
Short Term Debt23.4M19.1M99M405M20M19M
Other Current Assets342.1M768.0M144.0M133.4M120.0M114.0M
Common Stock34.7M34.9M35.0M44.7M44.9M27.2M
Other Liab15.6M36.2M45.1M43.4M49.9M52.4M
Accounts Payable2.1B2.5B5.5B5.1B5.9B6.2B
Long Term Debt93.5M148.5M138.7M85.2M85.2M94.4M
Good Will21.3M20.8M102.6M86.5M93.3M97.9M
Inventory(342.1M)(768.0M)(146.9M)(339.7M)(305.8M)(290.5M)
Intangible Assets4.2M7.1M24.9M21.6M22.0M11.5M
Net Receivables141.6M158.2M277.4M395.3M489.6M514.1M
Net Tangible Assets256.6M286.3M399.4M361.0M415.1M224.2M
Long Term Debt Total108.7M93.5M148.5M138.7M159.5M122.5M
Capital Surpluse120.7M122.2M202.4M202.3M232.6M136.5M

Old Second Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense12.5M8.5M10.3M40.0M56.3M59.1M
Total Revenue127.0M133.5M244.9M292.0M297.9M312.8M
Gross Profit127.0M133.5M244.9M292.0M297.9M312.8M
Operating Income37.4M27.9M106.0M124.4M(178.4M)(169.5M)
Ebit37.4M27.9M91.5M124.4M143.1M150.2M
Ebitda40.7M31.7M98.3M131.4M151.1M158.6M
Income Before Tax37.4M27.9M91.5M124.4M113.0M118.6M
Net Income27.8M20.0M67.4M91.7M85.3M89.5M
Income Tax Expense9.6M7.8M24.1M32.7M27.7M29.1M
Tax Provision9.6M7.8M24.1M34.2M27.7M17.9M
Net Interest Income91.3M96.3M205.2M253.3M239.4M139.6M
Interest Income103.7M104.8M215.5M284.5M295.6M160.0M

Old Second Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash279.3M422.2M(636.9M)(15.0M)(816K)(775.2K)
Free Cash Flow22.1M29.0M93.0M104.0M131.5M138.1M
Depreciation3.3M3.8M6.7M6.9M9.2M4.9M
Other Non Cash Items5.4M14.3M2.7M19.1M14.6M13.6M
Dividends Paid1.2M4.6M8.9M8.9M9.4M9.9M
Capital Expenditures3.9M2.0M4.3M12.4M10.8M11.3M
Net Income27.8M20.0M67.4M91.7M85.3M89.5M
End Period Cash Flow329.9M752.1M115.2M100.1M99.3M119.2M
Change To Inventory1.5M811K(9.3M)(4.9M)(5.6M)(5.9M)
Change To Netincome2.9M4.3M12.9M6.8M7.9M8.3M
Investments(103.1M)(19.3M)(442.0M)198.1M322.7M338.8M
Change Receivables(6.3M)(17.7M)6.9M(940K)(846K)(803.7K)
Net Borrowings(6.7M)2.4M38.2M(28.2M)(25.4M)(24.1M)

Old Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Old Second's current stock value. Our valuation model uses many indicators to compare Old Second value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Old Second competition to find correlations between indicators driving Old Second's intrinsic value. More Info.
Old Second Bancorp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Old Second Bancorp is roughly  9.11 . At present, Old Second's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Old Second's earnings, one of the primary drivers of an investment's value.

Old Second Bancorp Systematic Risk

Old Second's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Old Second volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Old Second Bancorp correlated with the market. If Beta is less than 0 Old Second generally moves in the opposite direction as compared to the market. If Old Second Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Old Second Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Old Second is generally in the same direction as the market. If Beta > 1 Old Second moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Old Second Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Old Second's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Old Second growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.21)

At present, Old Second's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Old Second March 21, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Old Second help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Old Second Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Old Second Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Old Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Old Second's daily price indicators and compare them against related drivers.

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When running Old Second's price analysis, check to measure Old Second's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old Second is operating at the current time. Most of Old Second's value examination focuses on studying past and present price action to predict the probability of Old Second's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Second's price. Additionally, you may evaluate how the addition of Old Second to your portfolios can decrease your overall portfolio volatility.
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