Old Second Bancorp (OSBC) financial statements
Old Second Bancorp reported revenue of $339M in fiscal 2025, up 15.6% a year over 9 years.
Net income was $80M.
Free cash flow was $118M, and the company returned $12M in dividends and $7M in net buybacks.
The diluted share count rose 66% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Old Second Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $92M | $105M | $122M | $133M | $129M | $136M | $249M | $286M | $285M | $339M |
| Interest expense | $10M | $13M | $17M | $19M | $12M | $8M | $10M | $40M | $56M | — |
| Pre-tax income | $25M | $34M | $44M | $52M | $37M | $28M | $92M | $124M | $113M | $108M |
| Income tax | $9M | $19M | $10M | $12M | $10M | $8M | $24M | $33M | $28M | $27M |
| Net income | $16M | $15M | $34M | $39M | $28M | $20M | $67M | $92M | $85M | $80M |
| EPS (diluted) | $0.53 | $0.50 | $1.12 | $1.30 | $0.92 | $0.65 | $1.49 | $2.02 | $1.87 | $1.62 |
| Diluted shares | 30M | 30M | 30M | 30M | 30M | 31M | 45M | 45M | 46M | 50M |
| Net margin | 17.0% | 14.4% | 27.8% | 29.8% | 21.5% | 14.7% | 27.0% | 32.1% | 29.9% | 23.7% |
Balance sheet
Fiscal years, from Old Second Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $47M | $56M | $55M | $51M | $330M | $752M | $115M | $100M | $99M | $124M |
| Property, plant and equipment | $39M | $38M | $42M | $44M | $45M | $88M | $72M | $79M | $87M | $87M |
| Goodwill | — | — | — | — | $19M | $86M | $86M | $86M | $93M | $129M |
| Total assets | $2.3B | $2.4B | $2.7B | $2.6B | $3.0B | $6.2B | $5.9B | $5.7B | $5.6B | $6.9B |
| Total liabilities | $2.1B | $2.2B | $2.4B | $2.4B | $2.7B | $5.7B | $5.4B | $5.1B | $5.0B | $6.0B |
| Shareholders' equity | $175M | $200M | $229M | $278M | $307M | $502M | $461M | $577M | $671M | $897M |
| Net debt | -$47M | -$56M | -$55M | -$51M | -$330M | -$752M | -$115M | -$100M | -$99M | -$124M |
Cash flow
Fiscal years, from Old Second Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $27M | $37M | $55M | $53M | $26M | $31M | $97M | $116M | $132M | $122M |
| Capital spending | $2M | $1M | $2M | $4M | $4M | $2M | $4M | $12M | $11M | $5M |
| Free cash flow | $25M | $36M | $53M | $48M | $22M | $29M | $93M | $104M | $121M | $118M |
| Stock-based compensation | $657,000 | $1M | $2M | $3M | $2M | $1M | $3M | $4M | $4M | $6M |
| Dividends paid | $888,000 | $1M | $1M | $1M | $1M | $5M | $9M | $9M | $9M | $12M |
| Share buybacks (net) | -$254,000 | -$236,000 | -$505,000 | -$666,000 | -$6M | -$10M | -$455,000 | -$605,000 | -$1M | -$7M |
| Net borrowing | $55M | $45M | $24M | — | $20M | — | — | — | — | — |
| Free cash flow margin | 27.5% | 34.3% | 43.3% | 36.4% | 17.1% | 21.3% | 37.3% | 36.4% | 42.3% | 34.7% |
| Dividends per share | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.15 | $0.20 | $0.20 | $0.21 | $0.25 |
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Open OSBC in InvestinglyQuestions
What was Old Second Bancorp's revenue in 2025?
$339M in fiscal 2025, from its 10-K filing.
How much free cash flow does Old Second Bancorp generate?
$118M in fiscal 2025 (operating cash flow minus capital spending).
From Old Second Bancorp's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.