Old Second Bancorp (OSBC) Rent Expense (2010 - 2017)
Old Second Bancorp's (OSBC) quarterly Rent Expense came in at $1.4 million in Q4 2017, down 11.92% YoY from $1.6 million in Q4 2016, and down 2.77% on a QoQ basis from $1.5 million in Q3 2017.
Old Second Bancorp (OSBC) Rent Expense (2010 - 2017) Analysis & Trends
Old Second Bancorp (OSBC) has 8 years of Rent Expense data on file, last reported at $1.4 million in Q4 2017.
- Quarterly Rent Expense fell 11.92% year-over-year to $1.4 million in Q4 2017, while the trailing twelve-month figure through Dec 2017 was $6.0 million (down 1.85% YoY) and the FY2017 annual result came in at $6.0 million, down 1.85% from the prior year.
- Rent Expense retreated to $1.4 million in Q4 2017, from $1.5 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $2.7 million in Q4 2015 to a low of $1.1 million in Q2 2015.
- A 5-year average of $1.4 million and a median of $1.3 million in 2013 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2015 — Rent Expense soared 137.35% — and 2016, when it tumbled 40.27%.
- Tracing OSBC's Rent Expense over 5 years: stood at $1.2 million in 2013, then dropped by 7.31% to $1.2 million in 2014, then jumped by 137.35% to $2.7 million in 2015, then sank by 40.27% to $1.6 million in 2016, then dropped by 11.92% to $1.4 million in 2017.
- The last three Rent Expense figures came in at $1.4 million (Q4 2017), $1.5 million (Q3 2017), and $1.5 million (Q2 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Old Second Bancorp | 1.29 Bn | 1.15 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2017 | 1.44 Mn |
| Dec 31, 2017 | 1.44 Mn |
| Sep 30, 2017 | 1.48 Mn |
| Sep 30, 2017 | 1.48 Mn |
| Jun 30, 2017 | 1.46 Mn |
| Jun 30, 2017 | 1.46 Mn |
| Mar 31, 2017 | 1.57 Mn |
| Mar 31, 2017 | 1.57 Mn |
| Dec 31, 2016 | 1.64 Mn |
| Dec 31, 2016 | 1.64 Mn |
| Sep 30, 2016 | 1.50 Mn |
| Sep 30, 2016 | 1.50 Mn |
| Jun 30, 2016 | 1.35 Mn |
| Jun 30, 2016 | 1.35 Mn |
| Mar 31, 2016 | 1.58 Mn |
| Mar 31, 2016 | 1.58 Mn |
| Dec 31, 2015 | 2.74 Mn |
| Dec 31, 2015 | 2.74 Mn |
| Sep 30, 2015 | 1.16 Mn |
| Sep 30, 2015 | 1.16 Mn |