Old Second Bancorp, Inc. (OSBC) Income Statement
OSBC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOSBC revenue and net income
Where OSBC's revenue goes
2025Each bar shows an amount and its share of revenue. OSBC kept 20.2% of revenue as net income.
OSBC profit margins
OSBC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +18.1% | +15.9% | +23.3% | +15.1% |
| Gross profit | +16.1% | +9.2% | +21.6% | +12.9% |
| Operating income | −2.0% | +6.6% | +24.2% | +16.3% |
| Net income | −5.8% | +6.0% | +23.6% | +18.0% |
| EPS (diluted) | +9.6% | +10.9% | +14.4% | +16.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OSBC quarterly EPS vs estimates
Old Second Bancorp beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 21, 2026 (estimate $0.59).
OSBC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $397.0M | $336.2M | $321.0M | $255.2M | $141.9M | $139.5M | $149.4M | $137.0M | $116.5M | $100.5M |
| Cost of revenue | $86.8M | $69.0M | $56.5M | $16.9M | $12.8M | $22.9M | $20.4M | $17.9M | $14.4M | $10.7M |
| Gross profit | $310.2M | $267.1M | $264.5M | $238.4M | $129.1M | $116.6M | $129.0M | $119.1M | $102.1M | $89.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $129.2M | $103.1M | $93.2M | $90.8M | $60.2M | $56.6M | $54.9M | $54.2M | $47.7M | $44.2M |
| Total operating expenses | $199.4M | $154.2M | $140.1M | $146.8M | $101.2M | $79.2M | $77.1M | $75.1M | $67.8M | $65.3M |
| Operating income | $110.8M | $113.0M | $124.4M | $91.5M | $27.9M | $37.4M | $51.9M | $43.9M | $34.3M | $24.5M |
| Interest income | $353.7M | $295.6M | $284.5M | $215.5M | $104.8M | $103.7M | $115.0M | $107.1M | $87.1M | $73.0M |
| Interest expense | $62.2M | $56.3M | $40.0M | $10.3M | $8.4M | $12.5M | $18.8M | $16.7M | $12.6M | $9.9M |
| Income before taxes | $107.8M | $113.0M | $124.4M | $91.5M | $27.9M | $37.4M | $51.9M | $43.9M | $34.3M | $24.5M |
| Income taxes | $27.4M | $27.7M | $32.7M | $24.1M | $7.8M | $9.6M | $12.4M | $9.9M | $19.2M | $8.8M |
| Net income | $80.3M | $85.3M | $91.7M | $67.4M | $20.0M | $27.8M | $39.5M | $34.0M | $15.1M | $15.7M |
| EBITDA | $122.0M | $122.1M | $132.1M | $98.4M | $31.7M | $40.7M | $54.9M | $46.7M | $36.7M | $26.8M |
| EPS (diluted) | $2.06 | $1.88 | $2.05 | $1.51 | $1.36 | $1.05 | $1.19 | $1.17 | $0.78 | $0.53 |
| Gross margin | 78.1% | 79.5% | 82.4% | 93.4% | 91.0% | 83.6% | 86.3% | 86.9% | 87.6% | 89.4% |
| Operating margin | 27.9% | 33.6% | 38.8% | 35.9% | 19.6% | 26.8% | 34.7% | 32.1% | 29.4% | 24.4% |
| Net margin | 20.2% | 25.4% | 28.6% | 26.4% | 14.1% | 19.9% | 26.4% | 24.8% | 13.0% | 15.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $88.8M | $111.2M | $114.5M | $115.5M | $84.6M | $82.4M | $85.4M | $85.2M | $83.0M | $82.6M | $81.1M | $82.8M |
| Cost of revenue | $0 | $26.7M | $19.3M | $41.0M | $13.5M | $13.1M | $17.2M | $17.5M | $17.3M | $17.0M | $20.5M | $14.2M |
| Gross profit | $88.8M | $84.5M | $95.2M | $74.5M | $71.1M | $69.3M | $68.2M | $67.7M | $65.7M | $65.5M | $60.6M | $68.6M |
| Sales, general & admin | $40.8M | $1.9M | $31.3M | $41.6M | $28.2M | $28.1M | $26.8M | $25.9M | $24.8M | $25.5M | $22.7M | $24.3M |
| Total operating expenses | $51.0M | $50.4M | $52.9M | $61.5M | $41.9M | $43.1M | $42.8M | $37.9M | $36.6M | $37.0M | $35.7M | $36.1M |
| Operating income | $37.8M | $34.1M | $42.3M | $13.1M | $29.2M | $26.2M | $25.4M | $29.9M | $29.2M | $28.5M | $24.9M | $32.5M |
| Interest income | $100.7M | $97.8M | $101.9M | $103.7M | $75.0M | $73.1M | $74.7M | $75.6M | $72.6M | $72.7M | $73.0M | $73.6M |
| Interest expense | $17.9M | $17.2M | $19.3M | $21.3M | $11.0M | $10.7M | $13.7M | $15.5M | $13.5M | $13.5M | $12.5M | $11.2M |
| Income before taxes | $37.8M | $34.1M | $39.3M | $13.1M | $29.2M | $26.2M | $25.4M | $29.9M | $29.2M | $28.5M | $24.9M | $32.5M |
| Income taxes | $9.7M | $8.5M | $10.5M | $3.2M | $7.4M | $6.4M | $6.3M | $6.9M | $7.3M | $7.2M | $6.7M | $8.1M |
| Net income | $28.2M | $25.6M | $28.8M | $9.9M | $21.8M | $19.8M | $19.1M | $23.0M | $21.9M | $21.3M | $18.2M | $24.3M |
| EBITDA | $38.9M | $36.4M | $44.7M | $16.5M | $31.9M | $28.9M | $28.6M | $32.0M | $31.4M | $30.9M | $26.8M | $34.2M |
| EPS (diluted) | $0.55 | $0.49 | $0.58 | $0.53 | $0.50 | $0.45 | $0.44 | $0.51 | $0.46 | $0.47 | $0.42 | $0.55 |
| Gross margin | 100.0% | 76.0% | 83.2% | 64.5% | 84.0% | 84.1% | 79.9% | 79.5% | 79.2% | 79.4% | 74.8% | 82.8% |
| Operating margin | 42.6% | 30.6% | 36.9% | 11.3% | 34.5% | 31.8% | 29.7% | 35.0% | 35.2% | 34.6% | 30.8% | 39.3% |
| Net margin | 31.7% | 23.0% | 25.2% | 8.5% | 25.8% | 24.1% | 22.4% | 26.9% | 26.4% | 25.8% | 22.5% | 29.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OSBC's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OSBC financial results
In fiscal year 2025 (ended December 31, 2025), Old Second Bancorp reported revenue of $397.0 million, up 18.1% from the year before. It had net income of $80.3 million (down 5.8%), a net profit margin of 20.2%. Diluted earnings per share came to $2.06. Over five years revenue grew at an average rate of 23.3% a year.
See the OSBC stock overview for the latest quote and news, or the OSBC chart for price history and technical indicators.
OSBC income statement FAQ
What is Old Second Bancorp's annual revenue?
Old Second Bancorp reported total revenue of $397.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 18.1% from $336.2 million the previous year.
Is Old Second Bancorp profitable?
Yes. Old Second Bancorp reported net income of $80.3 million in fiscal 2025, a net profit margin of 20.2%; its operating margin was 27.9%.
What is Old Second Bancorp's gross margin?
Old Second Bancorp's gross margin was 78.1% in fiscal 2025: for every $100 of revenue, Old Second Bancorp kept $78 after the direct cost of its products and services.
How fast is Old Second Bancorp growing?
Revenue grew 23.3% a year on average over the last five fiscal years, from $139.5 million to $397.0 million.
What are Old Second Bancorp's earnings per share?
Old Second Bancorp earned $2.06 per diluted share in fiscal 2025, compared with $1.88 a year earlier.
When will Old Second Bancorp report its next earnings?
Old Second Bancorp is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes.
When does Old Second Bancorp's fiscal year end?
Old Second Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.