Old Second Bancorp, Inc. (OSBC) vs First Financial Corporation Indiana (THFF)

Old Second Bancorp, Inc. and First Financial Corporation Indiana are both Banks Regional companies. Old Second Bancorp, Inc. and First Financial Corporation Indiana are of similar size ($1.3B and $1.2B). First Financial Corporation Indiana trades at the lower P/E: 10.6× against 14.0×. Old Second Bancorp, Inc. grew revenue faster over the last twelve months: 33.1% against 8.15%. First Financial Corporation Indiana has the higher net margin (23.3% vs 20.2%) and the lower return on invested capital (7.53% vs 9.36%). Both pay a dividend; First Financial Corporation Indiana yields more (4.18% vs 1.60%). Across the 20 metrics below, Old Second Bancorp, Inc. leads on 10 and First Financial Corporation Indiana on 10.

Valuation

Metric OSBC THFF Banks Regional median
P/E 14.02 10.58 12.15
P/S 2.80 2.47 2.37
P/B 1.42 1.33 1.21
Price to free cash flow 10.10 9.66 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.64 3.01 2.27
Earnings yield 7.13% 9.46% 8.11%
Free cash flow yield 9.91% 10.35% 8.98%

Profitability

Metric OSBC THFF Banks Regional median
Gross margin 83.46% 76.02% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 20.22% 23.32% 18.66%
Free cash flow margin 27.71% 25.60% 21.18%
Return on equity 11.40% 13.42% 10.64%
Return on assets 1.47% 1.44% 1.13%
Return on invested capital 9.36% 7.53% 8.33%

Growth

Metric OSBC THFF Banks Regional median
Revenue growth (TTM) 33.08% 8.15% 6.61%
EPS growth (last fiscal year) (13.37%) 67.00% —
Revenue growth, 5-year CAGR 23.16% 11.36% 12.30%
Net income growth, 5-year CAGR 23.61% 8.03% 9.71%

Health

Metric OSBC THFF Banks Regional median
Debt to equity 0.08 0.43 0.22
Current ratio 0.91 0.88 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric OSBC THFF Banks Regional median
Dividend yield 1.60% 4.18% 3.75%
Payout ratio 0.10 0.20 0.27

Size

Metric OSBC THFF Banks Regional median
Market cap 1.26b 1.20b 921.07m

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