Old Second

Unlike other Chicago-area banks, our heritage traces the advancement and evolution of the banking industry and the growth and expansion of the Chicago metropolitan area. The same local spirit that sparked that original group of early settlers to invest in and finance their town’s growth helped guide us as Old Second expanded throughout Kane, Kendall, DeKalb, DuPage, Cook, LaSalle and Will counties and the surrounding communities. In addition to their commitment to community, our founders’ fiscal discipline remains among our bank’s guiding principles. Backed by an unwavering sense of financial responsibility, we’ve persevered through the most challenging and rewarding economic climates and historical events of the late-19th century, the entire 20th century and the early 21st century. Our balance sheet remains solid, our credit rating remains strong and our dedication to building strong and lasting relationships with our customers remains unparalleled. For over 140 years, Old Second consistently has helped businesses and individuals throughout the Chicago area START BANKING.
Company Growth (employees)
Type
Public
HQ
Aurora, US
Size (employees)
467 (est)
Old Second is headquartered in Aurora, US

Old Second Office Locations

Old Second has an office in Aurora
Aurora, US (HQ)
37 S River St

Old Second Data and Metrics

Old Second Financial Metrics

Old Second's revenue was reported to be $27.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

27.8 m

Gross profit (Q1, 2017)

24.7 m

Gross profit margin (Q1, 2017), %

89%

Net income (Q1, 2017)

4.6 m

Market capitalization (17-Aug-2017)

343.9 m

Cash (31-Mar-2017)

60.7 m
Old Second's current market capitalization is $343.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

69 m68 m68.2 m102 m

Revenue growth, %

(1%)0%50%

Cost of goods sold

13.8 m11 m9.1 m9.9 m

Gross profit

55.3 m57.1 m59.1 m92 m

Gross profit Margin, %

80%84%87%90%

Operating expense total

83.1 m73.7 m68.4 m66.8 m

EBIT

63.8 m60.4 m63.5 m

EBIT margin, %

92%89%93%

Pre tax profit

11.8 m15.9 m24.4 m24.5 m

Income tax expense

(70.2 m)5.8 m9 m8.8 m

Net Income

82.1 m10.1 m15.4 m15.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

24.1 m25.5 m25.4 m22.7 m23.9 m25.1 m24.4 m27.8 m

Cost of goods sold

3 m2.5 m2.2 m2.3 m2.4 m2.4 m2.5 m3.1 m

Gross profit

21.1 m23 m23.2 m20.5 m21.5 m22.6 m21.9 m24.7 m

Gross profit Margin, %

88%90%91%90%90%90%90%89%

Sales and marketing expense

9.2 m8.9 m9.1 m8.3 m9 m8.8 m9 m10.6 m

Operating expense total

9.2 m8.9 m9.1 m8.3 m9 m8.8 m9 m10.6 m

EBIT

14.7 m14.7 m17.2 m16.9 m15.2 m15.4 m

EBIT margin, %

61%57%68%74%64%61%

Pre tax profit

3.1 m4.7 m6.6 m6.3 m5.2 m5.9 m5.4 m6.7 m

Income tax expense

1.1 m1.7 m2.4 m2.4 m1.9 m2.1 m1.9 m2.1 m

Net Income

4.2 m7.1 m3.5 m7.6 m11.6 m3.3 m7.2 m10.7 m4.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

47.7 m44.2 m40.3 m47.3 m

Inventories

1.5 b

PP&E

46 m42.3 m39.6 m39 m

Total Assets

2 b2.1 b2.1 b2.3 b

Accounts Payable

1.9 b

Total Liabilities

2.1 b

Common Stock

18.8 m34.4 m34.4 m34.5 m

Preferred Stock

72.9 m47.3 m47.3 m

Additional Paid-in Capital

66.2 m115.3 m115.9 m116.7 m

Retained Earnings

92.5 m100.7 m114.2 m129 m

Total Equity

147.7 m194.2 m155.9 m175.2 m

Financial Leverage

13.6 x10.6 x13.3 x12.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

93.1 m44.1 m74.2 m38.5 m53.8 m36.6 m40.3 m189.9 m60.7 m

Inventories

1.1 b1.1 b1.2 b1.2 b1.1 b1.1 b1.2 b1.2 b1.5 b

PP&E

45.2 m42.6 m42 m41.7 m39.7 m39.2 m39 m39.1 m38.6 m

Total Assets

2 b2 b2.1 b2.1 b2 b2.1 b2.2 b2.1 b2.4 b

Accounts Payable

1.7 b1.7 b1.7 b1.7 b1.7 b1.8 b1.8 b1.8 b1.9 b

Common Stock

34.4 m34.4 m34.4 m34.4 m34.4 m34.4 m34.5 m34.5 m34.6 m

Preferred Stock

47.3 m47.3 m31.6 m31.6 m47.3 m

Additional Paid-in Capital

115.2 m115.3 m115.5 m115.7 m115.8 m116.1 m116.3 m116.5 m116.9 m

Retained Earnings

96.9 m98.8 m103.4 m106.8 m110.4 m117.5 m121.1 m124.3 m133.3 m

Total Equity

192.6 m192.7 m181.8 m185.2 m153.6 m156.7 m167.6 m171.6 m182.3 m

Financial Leverage

10.6 x10.6 x11.5 x11.1 x13.3 x13.5 x12.9 x12.3 x12.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

82.1 m10.1 m15.4 m15.7 m

Cash From Operating Activities

35.3 m(6.3 m)21.1 m27.3 m

Cash From Investing Activities

9.6 m(66.1 m)(32.2 m)(123.1 m)

Dividends Paid

(12.4 m)(2.4 m)(2.4 m)

Cash From Financing Activities

(125.7 m)69 m7.2 m102.8 m

Income Taxes Paid

266 k40 k118 k211 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

4.2 m7.1 m3.5 m7.6 m11.6 m3.3 m7.2 m10.7 m4.6 m

Cash From Operating Activities

(20 m)(14.4 m)3.4 m7.2 m15.3 m3.1 m7.7 m17.2 m6.7 m

Cash From Investing Activities

6.4 m(34.4 m)(6.8 m)(10.1 m)12.7 m(49.2 m)(74.3 m)117.4 m(87.2 m)

Dividends Paid

(10.3 m)(11.3 m)(1 m)(1.7 m)(2.4 m)(1 m)(1.7 m)(2.4 m)

Cash From Financing Activities

59 m45.2 m33.3 m(2.7 m)(18.4 m)42.4 m66.6 m15 m93.9 m

Income Taxes Paid

100 k130 k250 k100 k100 k160 k100 k
USDY, 2017

Revenue/Employee

59.5 k

Financial Leverage

12.9 x

Old Second Market Value History

Traffic Overview of Old Second

Old Second Online and Social Media Presence

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