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Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 74M | 2.6% |
| Gross Profit | 74M | 2.6% |
| Net Income | 20M | 3.8% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 5.73B | 1.4% |
| Total Liabilities | 5.03B | 1.1% |
| Total Equity | 694M | 3.5% |
| Shares Outstanding | 45M | 0% |
Cash Flow (NONE)
| Q1 '25 | QoQ |
|---|
EPS
Financial Highlights for Old Second Bank in Q1 '25
Old Second Bank reported a revenue of 74M, which is a 2.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 74M, marking a 2.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Net Income for the quarter was 20M, showing a 3.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Old Second Bank with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
