Demonstrações financeiras detalhadas de Old Second Bancorp, Inc. (OSBC): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Old Second Bancorp, Inc. registou receitas de $397.0M no último exercício, com um CAGR de 5 anos de 23.3%. O lucro líquido atingiu $80.3M, com CAGR de 5 anos de 23.6%.
Margens dos últimos 12 meses: margem bruta 78.1%, margem operacional 27.9%, margem líquida 20.2%. O fluxo de caixa livre cresceu a CAGR de 39.8% em 5 anos.
Ao preço atual de $24.98, OSBC negocia a um P/L de 11.57 e um ROE de 8.96%. A capitalização de mercado é de $1.3B.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $100.5M | $116.5M | $137.0M | $149.4M | $139.5M | $141.9M | $255.2M | $321.0M | $336.2M | $397.0M |
| Custo da Receita | $10.7M | $14.4M | $17.9M | $20.4M | $22.9M | $12.8M | $16.9M | $56.5M | $69.0M | $86.8M |
| Lucro Bruto | $89.8M | $102.1M | $119.1M | $129.0M | $116.6M | $129.1M | $238.4M | $264.5M | $267.1M | $310.2M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $44.2M | $47.7M | $54.2M | $54.9M | $56.6M | $60.2M | $90.8M | $93.2M | $103.1M | $129.2M |
| Despesas Operacionais | $65.3M | $67.8M | $75.1M | $77.1M | $79.2M | $101.2M | $146.8M | $140.1M | $154.2M | $199.4M |
| Lucro Operacional | $24.5M | $34.3M | $43.9M | $51.9M | $37.4M | $27.9M | $91.5M | $124.4M | $113.0M | $110.8M |
| EBITDA | $26.8M | $36.7M | $46.7M | $54.9M | $40.7M | $31.7M | $98.4M | $132.1M | $122.1M | $120.8M |
| Despesas com Juros | $9.9M | $12.6M | $16.7M | $18.8M | $12.5M | $8.4M | $10.3M | $40.0M | $56.3M | $62.2M |
| Lucro Antes de Impostos | $24.5M | $34.3M | $43.9M | $51.9M | $37.4M | $27.9M | $91.5M | $124.4M | $113.0M | $107.8M |
| Imposto | $8.8M | $19.2M | $9.9M | $12.4M | $9.6M | $7.8M | $24.1M | $32.7M | $27.7M | $27.4M |
| Lucro Líquido | $15.7M | $15.1M | $34.0M | $39.5M | $27.8M | $20.0M | $67.4M | $91.7M | $85.3M | $80.3M |
| LPA | $0.53 | $0.51 | $1.14 | $1.32 | $0.94 | $0.66 | $1.51 | $2.05 | $1.90 | $1.64 |
| LPA Diluído | $0.53 | $0.50 | $1.12 | $1.30 | $0.92 | $0.65 | $1.49 | $2.02 | $1.87 | $1.62 |
| Ações em Circulação (Diluídas) | $29.8M | $30.0M | $30.3M | $30.4M | $30.2M | $30.7M | $45.2M | $45.4M | $45.6M | $53.5M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $115.5M | $114.5M | $111.2M | $88.8M |
| Lucro Bruto | $74.5M | $95.2M | $84.5M | $88.8M |
| Lucro Operacional | $13.1M | $42.3M | $34.1M | $37.8M |
| EBITDA | $16.5M | $43.5M | $36.4M | $37.8M |
| Lucro Líquido | $9.9M | $28.8M | $25.6M | $28.2M |
| LPA | $0.19 | $0.55 | $0.49 | $0.55 |
| LPA Diluído | $0.18 | $0.54 | $0.48 | $0.54 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $47.3M | $55.8M | $55.2M | $50.6M | $329.9M | $752.1M | $115.2M | $100.1M | $99.3M | $124.0M |
| Investimentos de Curto Prazo | $531.8M | $541.4M | $541.2M | $484.6M | $496.2M | $1.69B | $1.54B | $1.19B | $1.16B | $72.4M |
| Contas a Receber | $55.5M | $68.3M | $78.8M | $119.8M | $137.7M | $172.6M | $274.5M | $395.3M | $489.6M | 0 |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $634.6M | $665.6M | $675.3M | $655.0M | $963.8M | $2.62B | $1.93B | $1.69B | $1.75B | $196.4M |
| Imobilizado | $39.0M | $37.6M | $42.4M | $44.4M | $45.5M | $88.0M | $72.4M | $79.3M | $87.3M | $86.6M |
| Ágio | $9.0M | $8.9M | $21.8M | $21.3M | $18.6M | $86.3M | $86.5M | $86.5M | $93.3M | $129.2M |
| Ativos Intangíveis | $6.5M | $6.9M | $7.4M | $5.9M | $6.4M | $23.4M | $24.9M | $21.6M | $32.4M | $23.7M |
| Ativos Totais | $2.25B | $2.38B | $2.68B | $2.64B | $3.04B | $6.21B | $5.89B | $5.72B | $5.65B | $6.90B |
| Contas a Pagar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dívida de Curto Prazo | $95.7M | $144.9M | $196.1M | $97.2M | $67.0M | $50.3M | $122.2M | $431.5M | $56.7M | $238.8M |
| Passivos Circulantes | $1.96B | $2.07B | $2.31B | $2.22B | $2.60B | $5.52B | $5.23B | $5.00B | $4.83B | $1.98B |
| Dívida de Longo Prazo | $101.6M | $101.7M | $117.2M | $108.7M | $93.5M | $148.5M | $138.7M | $85.2M | $85.2M | $100.2M |
| Passivos Totais | $2.08B | $2.18B | $2.45B | $2.36B | $2.73B | $5.71B | $5.43B | $5.15B | $4.98B | $6.01B |
| Reservas | $129.0M | $143.0M | $175.5M | $213.7M | $236.6M | $252.0M | $310.5M | $393.3M | $469.2M | $537.2M |
| Patrimônio Líquido | $175.2M | $200.3M | $229.1M | $277.9M | $307.1M | $502.0M | $461.1M | $577.3M | $671.0M | $896.8M |
| Dívida Total | $197.3M | $246.6M | $313.4M | $205.9M | $160.5M | $198.9M | $260.8M | $516.6M | $141.9M | $338.9M |
| Dívida Líquida | -$381.9M | -$350.7M | -$283.1M | -$329.4M | -$665.6M | -$2.25B | -$1.39B | -$776.3M | -$1.12B | $142.5M |
| Capital de Giro | -$1.33B | -$1.40B | -$1.64B | -$1.57B | -$1.64B | -$2.90B | -$3.30B | -$3.31B | -$3.07B | -$1.78B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $116.5M | $124.0M | $48.1M | $46.7M |
| Ativos Totais | $6.99B | $6.90B | $6.85B | $6.85B |
| Passivos Totais | $6.13B | $6.01B | $5.96B | $5.95B |
| Patrimônio Líquido | $866.7M | $896.8M | $893.3M | $902.8M |
| Dívida Total | $289.4M | $338.9M | $323.3M | $468.7M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $15.7M | $15.1M | $34.0M | $39.5M | $27.8M | $20.0M | $67.4M | $91.7M | $85.3M | $80.3M |
| Depreciação e Amortização | $2.3M | $2.4M | $2.8M | $3.0M | $3.3M | $3.8M | $6.9M | $7.7M | $9.2M | $11.3M |
| Compensação em Ações | $657000 | $1.2M | $2.3M | $2.5M | $2.1M | $1.4M | $3.0M | $3.6M | $3.9M | $5.5M |
| Variação Capital de Giro | -$109000 | -$6.9M | $3.3M | $644000 | -$11.2M | -$14.9M | $16.6M | -$7.1M | $20.0M | -$342000 |
| Fluxo de Caixa Operacional | $27.3M | $37.1M | $54.9M | $52.6M | $26.0M | $31.0M | $97.3M | $116.4M | $131.5M | $122.3M |
| CapEx | -$2.0M | -$1.1M | -$1.9M | -$4.4M | -$3.9M | -$2.0M | -$4.3M | -$12.4M | -$10.8M | -$4.5M |
| Aquisições | -$181.4M | 0 | -$35.7M | 0 | 0 | $149.0M | -$146000 | 0 | $237.4M | $10.5M |
| Recompra de Ações | -$254000 | -$236000 | -$505000 | -$666000 | -$5.9M | -$10.4M | -$455000 | -$605000 | -$1.0M | -$7.4M |
| Dividendos Pagos | -$888000 | -$1.2M | -$1.2M | -$1.2M | -$1.2M | -$4.6M | -$8.9M | -$8.9M | -$9.4M | -$12.2M |
| Fluxo de Caixa Livre | $25.3M | $36.0M | $53.0M | $48.3M | $22.1M | $29.0M | $93.0M | $104.0M | $120.7M | $117.8M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $35.9M | $44.2M | $36.9M | $28.6M |
| CapEx | -$1.2M | -$1.6M | -$769000 | -$667000 |
| Fluxo de Caixa Livre | $34.7M | $42.6M | $36.2M | $27.9M |
| Dividendos Pagos | -$3.2M | -$3.7M | -$3.7M | -$3.6M |
| Compensação em Ações | $1.6M | $1.5M | $1.4M | $1.4M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +16.0% | +17.5% | +9.1% | -6.6% | +1.7% | +79.9% | +25.8% | +4.7% | +18.1% |
| Crescimento Lucro Líquido (anual) | | -3.5% | +124.7% | +16.0% | -29.5% | -28.0% | +236.3% | +36.1% | -7.0% | -5.8% |
| Crescimento LPA (anual) | | -3.8% | +123.5% | +15.8% | -28.8% | -29.8% | +128.8% | +35.8% | -7.3% | -13.7% |
| Variação de Ações (anual) | | +0.7% | +0.9% | +0.4% | -0.8% | +1.9% | +47.1% | +0.4% | +0.5% | +17.2% |
| Crescimento FCF (anual) | | +42.7% | +47.1% | -9.0% | -54.3% | +31.5% | +220.6% | +11.8% | +16.1% | -2.5% |
| Margem Bruta | 89.4% | 87.6% | 86.9% | 86.3% | 83.6% | 91.0% | 93.4% | 82.4% | 79.5% | 78.1% |
| Margem Operacional | 24.4% | 29.4% | 32.1% | 34.7% | 26.8% | 19.6% | 35.9% | 38.8% | 33.6% | 27.9% |
| Margem EBITDA | 26.7% | 31.5% | 34.1% | 36.7% | 29.2% | 22.3% | 38.6% | 41.2% | 36.3% | 30.4% |
| Margem Líquida | 15.6% | 13.0% | 24.8% | 26.4% | 19.9% | 14.1% | 26.4% | 28.6% | 25.4% | 20.2% |
| Margem FCF | 25.1% | 30.9% | 38.7% | 32.3% | 15.8% | 20.4% | 36.4% | 32.4% | 35.9% | 29.7% |
| Taxa Efetiva de Imposto | 36.0% | 55.9% | 22.6% | 23.9% | 25.6% | 28.1% | 26.4% | 26.3% | 24.5% | 25.5% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $0.85 | $1.20 | $1.75 | $1.59 | $0.73 | $0.94 | $2.06 | $2.29 | $2.65 | $2.20 |
| Dividendo por Ação | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.15 | $0.20 | $0.20 | $0.21 | $0.23 |
| Ações em Circulação (Básicas) | $29.5M | $29.6M | $29.7M | $29.9M | $29.6M | $30.2M | $44.5M | $44.7M | $44.8M | $52.7M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 8.96% |
| Retorno sobre capital investido | -45.50% |
| Retorno sobre ativos | 1.16% |
| Margem bruta | 78.14% |
| Margem operacional | 27.90% |
| Margem líquida | 20.23% |
Saúde financeira
| Dívida / Patrimônio | 0.38 |
| Liquidez corrente | 0.10 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 0.01 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 20.85 | 26.76 | 11.40 | 10.20 | 10.74 | 19.08 | 10.62 | 7.53 | 9.36 | 11.89 |
| P/VP | 1.86 | 2.02 | 1.69 | 1.45 | 0.97 | 0.76 | 1.55 | 1.19 | 1.19 | 1.15 |
| P/V | 3.25 | 3.47 | 2.82 | 2.69 | 2.14 | 2.68 | 2.80 | 2.15 | 2.37 | 2.59 |
| Margem Bruta | 89.4% | 87.6% | 86.9% | 86.3% | 83.6% | 91.0% | 93.4% | 82.4% | 79.5% | 78.1% |
| Margem Operacional | 24.4% | 29.4% | 32.1% | 34.7% | 26.8% | 19.6% | 35.9% | 38.8% | 33.6% | 27.9% |
| Margem Líquida | 15.6% | 13.0% | 24.8% | 26.4% | 19.9% | 14.1% | 26.4% | 28.6% | 25.4% | 20.2% |