Old Second Bancorp (OSBC) Rent Expense (2010 - 2017)
Old Second Bancorp (OSBC) posted Rent Expense of $1.4 million for Q4 2017, down 2.77% on a QoQ basis from $1.5 million in Q3 2017, and down 11.92% year-over-year from $1.6 million in Q4 2016.
Old Second Bancorp (OSBC) Rent Expense (2010 - 2017) Analysis & Trends
Old Second Bancorp's Rent Expense history runs 8 years deep, the most recent figure standing at $1.4 million for 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 was $1.4 million for Q4 2017 at Old Second Bancorp, down 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.
- 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 slumped 40.27%.
- Old Second Bancorp's 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.
- Business Quant data shows OSBC's Rent Expense at $1.4 million in Q4 2017, $1.5 million in Q3 2017, and $1.5 million in Q2 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -420.63 Mn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 262.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 304.00 Mn |
| 10 | Old Second Bancorp | 1.26 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 |