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Old Second Bancorp (Old Second Bancorp) Debt-to-Equity : 0.85 (As of Dec. 2023)


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What is Old Second Bancorp Debt-to-Equity?

Old Second Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $405.0 Mil. Old Second Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $85.2 Mil. Old Second Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $577.3 Mil. Old Second Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.85.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Old Second Bancorp's Debt-to-Equity or its related term are showing as below:

OSBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.76   Max: 1.16
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Old Second Bancorp was 1.16. The lowest was 0.30. And the median was 0.76.

OSBC's Debt-to-Equity is ranked better than
59.44% of 1393 companies
in the Banks industry
Industry Median: 0.67 vs OSBC: 0.51

Old Second Bancorp Debt-to-Equity Historical Data

The historical data trend for Old Second Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Old Second Bancorp Debt-to-Equity Chart

Old Second Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.31 0.30 0.50 0.85

Old Second Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 1.11 0.98 0.85 0.51

Competitive Comparison of Old Second Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Old Second Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Old Second Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Old Second Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Old Second Bancorp's Debt-to-Equity falls into.



Old Second Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Old Second Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Old Second Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Old Second Bancorp  (NAS:OSBC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Old Second Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Old Second Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Old Second Bancorp (Old Second Bancorp) Business Description

Traded in Other Exchanges
Address
37 South River Street, Aurora, IL, USA, 60507
Old Second Bancorp Inc is a bank holding company. It provides consumer and commercial banking products such as demand, money market, savings, time deposit, individual retirement as well as commercial, industrial, consumer, and real estate lending, including installment loans, student loans, agricultural loans, lines of credit and overdraft checking, safe deposit operations, trust services, wealth management services, and additional services tailored to the needs of individual customers, corporates, small-medium enterprises. The company's revenue consists of interest, commission, payments, and other income.
Executives
Barry Finn director 2000 OGDEN AVE., AURORA IL 60504
Gary S Collins director, officer: Vice Chairman 913 SOUTH BOULEVARD, OAK PARK IL 60302
John Jr Williams director OLD SECOND NATIONAL BANK, 37 S. RIVER ST., AURORA IL 60506
William B Skoglund director
Lyons Billy J Jr. director 37 SOUTH RIVER STREET, AURORA IL 60507
Keith Kotche director 37 S. RIVER ST., AURORA IL 60506
Keith Acker director OLD SECOND BANK, 37 S. RIVER STREET, AURORA IL 60506
Donald Pilmer officer: EVP 37 S. RIVER ST., AURORA IL 60506
Hugh H Mclean director 408 S. PROSPECT AVE, ELMHURST IL 60126
Edward Bonifas director
James F Tapscott director 102 WATERSIDE PLACE, BURR RIDGE IL 60527
Dennis L Klaeser director 235 EAST MAIN STREET, MIDLAND MI 48640
James Eccher officer: Executive Officer 37 S. RIVER ST., AURORA IL 60506
Bradley S. Adams officer: CFO 2301 WEST BIG BEAVER RD, SUITE 525, TROY MI 48084
Jill E York director C/O MB FINANCIAL INC, 6111 NORTH RIVER ROAD, ROSEMONT IL 60018