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Old Second Bancorp Inc  (OSBC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

OSBC's Net Income Growth by Quarter and Year

Old Second Bancorp Inc's Net Income results by quarter and year




OSBC Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 23.04 8.82 9.24 9.28
III Quarter September 25.56 11.88 0.28 8.47
II Quarter June 23.61 8.05 9.54 8.62
I Quarter March 19.52 10.27 12.17 9.64
FY   91.73 39.02 31.23 36.01



OSBC Net Income fourth quarter 2023 Y/Y Growth Comment
Old Second Bancorp Inc achieved in the fourth quarter 2023, above Company average Net Income surge of 161.19% year on year, to $ 23.04 millions.

Looking into fourth quarter 2023 results within Regional Banks industry 26 other companies have achieved higher Net Income growth. While Old Second Bancorp Inc' s Net Income doubling of 161.19% ranks overall at the positon no. 705 in the fourth quarter 2023.




OSBC Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 161.19 % -4.55 % -0.43 % 48.24 %
III Quarter September 115.15 % 4142.86 % -96.69 % -10.75 %
II Quarter June 193.29 % -15.62 % 10.67 % -
I Quarter March 90.07 % -15.61 % 26.24 % 19.31 %
FY   135.08 % 24.94 % -13.27 % 72.63 %

Financial Statements
Old Second Bancorp Inc's fourth quarter 2023 Net Income $ 23.04 millions OSBC's Income Statement
Old Second Bancorp Inc's fourth quarter 2022 Net Income $ 8.82 millions Quarterly OSBC's Income Statement
New: More OSBC's historic Net Income Growth >>


OSBC Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December -9.87 % -25.76 % 3200 % 9.56 %
III Quarter September 8.26 % 47.58 % -97.06 % -1.74 %
II Quarter June 20.95 % -21.62 % -21.61 % -10.58 %
I Quarter March 121.32 % 11.15 % 31.14 % 53.99 %
FY (Year on Year)   135.08 % 24.94 % -13.27 % 72.63 %




Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #27
Financial Sector #151
Overall #705

Net Income Y/Y Growth Statistics
High Average Low
841.99 % 62.56 % -90.14 %
(March 31, 2014)   (June 30. 2015)
Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #27
Financial Sector #151
Overall #705
Net Income Y/Y Growth Statistics
High Average Low
841.99 % 62.56 % -90.14 %
(March 31, 2014)   (June 30. 2015)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Old Second Bancorp Inc's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
3259.27 % 237.23 % -99.71 %
(Jun 30 2020)  


OSBC's IV. Quarter Q/Q Net Income Comment
In the IV. Quarter 2023 Old Second Bancorp Inc reported drop in Net Income from the third quarter by -9.87% to $ 23.04 millions, from $ 25.56 millions achived in the previous quarter.

When you evaluate recent downturn at the IV. Quarter, you must assume, that commonly IV. Quarter performance appear to be sluggish then in the quarter before

Within Regional Banks industry 34 other companies have achieved higher Net Income quarter on quarter growth. While Old Second Bancorp Inc's Net Income growth quarter on quarter, overall rank is 763.


Net Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #35
Financial Sector #173
Overall #763
Net Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #35
Financial Sector #173
Overall #763
Net Income Q/Q Growth Statistics
High Average Low
3259.27 % 237.23 % -99.71 %
(Jun 30 2020)  


OSBC's IV. Quarter Q/Q Net Income Comment
In the IV. Quarter 2023 Old Second Bancorp Inc reported drop in Net Income from the previous quarter by -9.87% to $ 23.04 millions, from $ 25.56 millions achived in the previous quarter.

If you evaluate present shortcoming in the quarter, you should assume, that usually IV. Quarter 2023 results occur weaker in contrast to the quarter before, Jana Simon, market insider from Brussel said.

Within Regional Banks industry 34 other companies have achieved higher Net Income quarter on quarter growth. While Old Second Bancorp Inc's Net Income growth quarter on quarter, overall rank is 763.


Old Second Bancorp Inc's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2021)
Cumulative Net Income 12 Months Ending $ 91.73 $ 77.51 $ 63.83 $ 48.27 $ 39.01
Y / Y Net Income Growth (TTM) 135.14 % 96.59 % 129.39 % 64.66 % 24.95 %
Year on Year Net Income Growth Overall Ranking # 375 # 1188 # 0 # 0 # 1127
Seqeuential Net Income Change (TTM) 18.34 % 21.44 % 32.24 % 23.73 % -1.06 %
Seq. Net Income Growth (TTM) Overall Ranking # 705 # 940 # 0 # 0 # 1823




Cumulative Net Income growth Comment
Old Second Bancorp Inc saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 135.14% year on year, to $ 92 millions if the fiscal year would have ended in Dec 31 2023.
Old Second Bancorp Inc's trailing twelve months Net Income growth was higher than company's average 62.56% and higher than 96.59% growth in Jun 30 2023.
But from the previous reporting period increase was beneth at 18.34 % from $77.51 millions recorded in twelve months ending a quarter before Jana Simon continued.
We witness drop-off in progress, more noticeable if you pay attention to the If you typical Q/Q TTM Net Income rise that is better at62.56% Jana Simon noted.
The progress is even higher from twelve months ended Jun 30 2023 exhibited at 18.34 % jump from $77.51 millions in the period from Jun 30 2023 to Jun 30 2021.

In the Financial sector 75 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 375, from total ranking in previous quarter at 1188.

Net Income TTM Q/Q Growth Statistics
High Average Low
841.99 %
62.56 %
-90.14 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 27
Financial Sector # 76
Overall # 375

Net Income TTM Y/Y Growth Statistics
High Average Low
841.99 %
62.56 %
-90.14 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 27
Sector # 151
S&P 500 # 705
Cumulative Net Income growth Comment
Old Second Bancorp Inc saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 135.14% year on year, to $ 92 millions if the fiscal year would have ended in Dec 31 2023.
Old Second Bancorp Inc's trailing twelve months Net Income growth was higher than company's average 62.56% and higher than 96.59% growth in Jun 30 2023.
But from the previous reporting period growth rate was beneth at 18.34 % from $77.51 millions reported in twelve months ending a quarter Jun 30 2023.
It appears to be drop-off developing, more evident observing the If you usual sequential historic increase that is stronger at62.56% Jana Simon wrote.
The momentum is even more impressive from the previous reporting period showed at 18.34 % jump from $77.51 millions in the period from Jun 30 2023 to Jun 30 2021.

In the Financial sector 75 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 375, from total ranking in previous quarter at 1188.

Net Income TTM Q/Q Growth Statistics
High Average Low
841.99 %
62.56 %
-90.14 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 27
Financial Sector # 76
Overall # 375

Net Income TTM Y/Y Growth Statistics
High Average Low
841.99 %
62.56 %
-90.14 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 27
Sector # 151
S&P 500 # 705




Other Net Income Growth
Regional Banks Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
OSBC's Net Income Growth Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for OSBC's Competitors
Net Income Growth for Old Second Bancorp Inc's Suppliers
Net Income Growth for OSBC's Customers

You may also want to know
OSBC's Annual Growth Rates OSBC's Profitability Ratios OSBC's Asset Turnover Ratio OSBC's Dividend Growth
OSBC's Roe OSBC's Valuation Ratios OSBC's Financial Strength Ratios OSBC's Dividend Payout Ratio
OSBC's Roa OSBC's Inventory Turnover Ratio OSBC's Growth Rates OSBC's Dividend Comparisons



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