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Old Second Bancorp (Old Second Bancorp) Pretax Margin % : 41.36% (As of Mar. 2024)


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What is Old Second Bancorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Old Second Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was $28.5 Mil. Old Second Bancorp's Revenue for the three months ended in Mar. 2024 was $69.0 Mil. Therefore, Old Second Bancorp's pretax margin for the quarter that ended in Mar. 2024 was 41.36%.

The historical rank and industry rank for Old Second Bancorp's Pretax Margin % or its related term are showing as below:

OSBC' s Pretax Margin % Range Over the Past 10 Years
Min: 18.75   Med: 31.23   Max: 44.28
Current: 43.23


OSBC's Pretax Margin % is ranked better than
71.58% of 1460 companies
in the Banks industry
Industry Median: 32.765 vs OSBC: 43.23

Old Second Bancorp Pretax Margin % Historical Data

The historical data trend for Old Second Bancorp's Pretax Margin % 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 Pretax Margin % Chart

Old Second Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.71 29.45 20.88 37.38 44.28

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
Pretax Margin % 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 45.59 49.55 45.39 36.34 41.36

Competitive Comparison of Old Second Bancorp's Pretax Margin %

For the Banks - Regional subindustry, Old Second Bancorp's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Old Second Bancorp's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Old Second Bancorp's Pretax Margin % falls into.



Old Second Bancorp Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Old Second Bancorp's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=124.408/280.987
=44.28 %

Old Second Bancorp's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=28.543/69.007
=41.36 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Old Second Bancorp Pretax Margin % Related Terms

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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