Old Second Bancorp (OSBC) Rent Expense (2010 - 2017)

Old Second Bancorp (OSBC) has reported Rent Expense for 8 consecutive years, with $1.4 million the latest figure, recorded in Q4 2017.

• For the quarter ending Q4 2017, Rent Expense fell 11.92% year-over-year to $1.4 million; the trailing twelve-month figure through Dec 2017 stood at $6.0 million (down 1.85% YoY), and the FY2017 full-year result was $6.0 million, down 1.85% from the prior year.
• Rent Expense declined to $1.4 million in Q4 2017 per OSBC's latest filing, from $1.5 million in the prior quarter.
• Across five years, Rent Expense topped out at $2.7 million in Q4 2015 and bottomed at $1.1 million in Q2 2015.
• Historically, Rent Expense has averaged $1.4 million across 5 years, with a median of $1.3 million in 2013.
• The sharpest annual moves came in 2015 and 2016: Rent Expense jumped 137.35% in 2015, then plunged 40.27% in 2016.
• Over 5 years, Rent Expense stood at $1.2 million in 2013, then fell by 7.31% to $1.2 million in 2014, then soared by 137.35% to $2.7 million in 2015, then tumbled by 40.27% to $1.6 million in 2016, then fell by 11.92% to $1.4 million in 2017.
• According to Business Quant data, Rent Expense over the past three periods registered $1.4 million, $1.5 million, and $1.5 million for Q4 2017, Q3 2017, and Q2 2017 respectively.