Financial Services -
Banks - Regional - NASDAQ - US
$ 27.125
-0.557 %
$ 529 M
Market Cap
18.11
P/E
1. INTRINSIC VALUE
Balance Sheet
Orrstown Financial Services, Inc.
| Current Assets | 259 M |
| Cash & Short-Term Investments | 238 M |
| Receivables | 21.1 M |
| Other Current Assets | 0 |
| Non-Current Assets | 5.19 B |
| Long-Term Investments | 0 |
| PP&E | 50.2 M |
| Other Non-Current Assets | 5.14 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 4.91 B |
| Long-Term Debt | 184 M |
| Other Non-Current Liabilities | 4.73 B |
EFFICIENCY
Earnings Waterfall
Orrstown Financial Services, Inc.
| Revenue | 176 M |
| Cost Of Revenue | 0 |
| Gross Profit | 176 M |
| Operating Expenses | 99.2 M |
| Operating Income | 77 M |
| Other Expenses | 54.9 M |
| Net Income | 22 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Orrstown Financial Services, Inc.
| Net Income | 22 M |
| Depreciation & Amortization | 9.69 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 887 K |
| Change in Working Capital | 0 |
| Others | 2.28 M |
| Free Cash Flow | 33.4 M |
Wall Street Analysts Price Targets
Orrstown Financial Services, Inc.
ORRF has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.26 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Orrstown Financial Services, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
425 K USD 2
9-12 MONTHS
0 USD 0
Bought
309 K USD 4
0-3 MONTHS
0 USD 0
3-6 MONTHS
65.7 K USD 3
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Orrstown Financial Services, Inc. Announces Date of First Quarter 2025 Earnings Release, Conference Call and Webcast
HARRISBURG, Pa., April 17, 2025 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ: ORRF), the holding company of Orrstown Bank, announced today that it will report first quarter 2025 earnings at the close of business on Tuesday, April 22, 2025 and that management will host a conference call and webcast to review the Company's quarterly results on Wednesday, April 23, 2025 at 9:00 am ET. The conference call and webcast details are below:
globenewswire.com
- 2 weeks ago
Orrstown Financial Services (ORRF) Earnings Expected to Grow: Should You Buy?
Orrstown (ORRF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
Orrstown Financial Services, Inc. Announces Promotion of Adam Metz to Senior Executive Vice President and Chief Operating Officer
HARRISBURG, Pa., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ: ORRF) (the “Company”) today announced that Adam L. Metz has been promoted to Senior Executive Vice President and Chief Operating Officer of the Company and its subsidiary bank, Orrstown Bank (the "Bank"), effective immediately, with the intent for him to succeed Thomas R. Quinn, Jr. as President and Chief Executive Officer of the Company and the Bank upon Mr. Quinn's retirement on May 25, 2026.
globenewswire.com
- 2 months ago
23 Upcoming Dividend Increases, Including 2 Kings
Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indicate financial health, attracting investors and boosting stock prices, leading to long-term wealth accumulation. Investment strategy focuses on stocks with rising dividends and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ.
seekingalpha.com
- 2 months ago
Orrstown Financial Services, Inc. Announces Appointment of Barbara Brobst to the Board of Directors
HARRISBURG, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ: ORRF) (the “Company”) today announced that Barbara E. Brobst has been appointed to an open position on the Boards of Directors of the Company and its principal subsidiary, Orrstown Bank, effective February 1, 2025.
globenewswire.com
- 2 months ago
Orrstown Financial Services (ORRF) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Orrstown Financial Services (ORRF) have what it takes?
zacks.com
- 2 months ago
Orrstown Financial Services (ORRF) Q4 Earnings and Revenues Miss Estimates
Orrstown Financial Services (ORRF) came out with quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.83 per share a year ago.
zacks.com
- 3 months ago
Orrstown Financial Services, Inc. Reports Fourth Quarter 2024 Results
Net income of $13.7 million, or $0.71 per diluted share, for the three months ended December 31, 2024 compared to net loss of $7.9 million, or $0.41 per diluted share, for the three months ended September 30, 2024; the fourth quarter of 2024 included $3.9 million in expenses related to the merger and $0.5 million for a legal settlement compared to $17.0 million in expenses related to the merger, $15.5 million of provision for credit losses on non-purchase credit deteriorated loans and $4.8 million for an executive retirement, net of taxes, for the third quarter of 2024; Excluding the impact of the non-recurring charges referenced above, net income and diluted earnings per share, respectively, were $16.7 million(1) and $0.87(1) for the fourth quarter of 2024 compared to adjusted net income and diluted earnings per share of $21.4 million(1) and $1.11(1), respectively; The Board of Directors declared a cash dividend of $0.26 per common share, payable February 21, 2025, to shareholders of record as of February 14, 2025; this represents an increase in the Company's quarterly cash dividend of $0.03 per share, or 13%; The previously announced cost save target of 18% has been achieved for the go-forward operating run rate as of December 31, 2024; With the core conversion being completed in November 2024, the fourth quarter results reflected several ongoing activities associated with the conversion and the transitional period; the fourth quarter also included elevated salaries and employee benefit expenses due to year end performance-based incentive accruals; Net interest margin, on a tax equivalent basis, was 4.05% in the fourth quarter of 2024 compared to 4.14% in the third quarter of 2024; the net accretion impact of purchase accounting marks was $7.2 million of net interest income, which represents 52 basis points of net interest margin for the fourth quarter of 2024 compared to $5.8 million of net interest income, which represents 42 basis points of net interest margin, for the third quarter of 2024; Commercial loans declined by $59.5 million, or 2%, from September 30, 2024 to December 31, 2024 due primarily to strategic actions to reduce risk in the portfolio, including reducing commercial real estate ("CRE") loan concentrations; a pool of mostly commercial and industrial loans totaling $6.0 million was sold, including $2.6 million of nonaccrual loans; total classified loans declined by $16.9 million during the fourth quarter of 2024; Noninterest income decreased by $1.2 million to $11.2 million in the three months ended December 31, 2024 compared to $12.4 million in the three months ended September 30, 2024; this reduction was driven by certain courtesy fee waivers provided to clients as well as tax credits recognized in the third quarter of 2024 that did not recur in the fourth quarter; The provision for credit losses was $1.8 million for the three months ended December 31, 2024, inclusive of a charge-off of $2.4 million for one commercial and industrial (C&I) relationship and charge-offs associated with the loan sale of $0.6 million, which was offset by the acceleration of a purchase mark for the same amount; Tangible book value per common share(1) increased to $21.19 per share at December 31, 2024 compared to $21.12 per share at September 30, 2024. (1) Non-GAAP measure.
globenewswire.com
- 3 months ago
Orrstown Financial Services (ORRF) to Report Q4 Results: Wall Street Expects Earnings Growth
Orrstown (ORRF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 3 months ago
Orrstown Bank Welcomes Chris Orr as Chief Information Officer and Ben Colvard as Chief Operations Officer
HARRISBURG, Pa., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Orrstown Bank, a wholly owned subsidiary of Orrstown Financial Services, Inc. (NASDAQ:ORRF), is pleased to announce the addition of two accomplished leaders to its executive team. Chris Orr has been appointed as Chief Information Officer, and Ben Colvard joins as Chief Operations Officer. Both bring extensive experience and proven track records of driving innovation and operational excellence within the banking industry.
globenewswire.com
- 3 months ago
Orrstown Financial Services: Expecting Decent Earnings Growth After The Merger Of Equals
The outlook for business activity in Orrstown Financial Services' markets is positive. Therefore, loan additions can be expected to remain satisfactory. The acquired portfolio could see some paydowns because of ORRF's plans to eliminate redundancies. Although the CVLY merger gave a one-time boost to the margin, it also increased the asset sensitivity. The margin will likely slip due to high sensitivity to interest rate changes.
seekingalpha.com
- 3 months ago
Are You Looking for a Top Momentum Pick? Why Orrstown Financial Services (ORRF) is a Great Choice
Does Orrstown Financial Services (ORRF) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 5 months ago
8. Profile
Summary
Orrstown Financial Services, Inc. ORRF
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 529 M
Dividend Yield
0.00%
Description
Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and trust services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits. It also offers commercial loans, such as commercial real estate, equipment, construction, working capital, and other commercial purpose loans, as well as industrial loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; acquisition and development loans; municipal loans; and installment and other loans. In addition, the company provides renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as provides other fiduciary services under the Orrstown Financial Advisors name; and offers retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory, insurance, and brokerage services. The company operates through offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York counties, Pennsylvania; and Anne Arundel, Baltimore, Howard, and Washington counties, Maryland, as well as Baltimore City, Maryland. Orrstown Financial Services, Inc. was founded in 1919 and is based in Shippensburg, Pennsylvania.
Contact
77 East King Street, Shippensburg, PA, 17257
https://www.orrstown.com
IPO
Date
May 13, 1999
Employees
607
Officers
Mr. Sean P. Mulcahy CPA
Senior Vice President & Chief Accounting Officer
Benjamin Colvard
Executive Vice President & Chief Operations Officer
Ms. Amy L. Doll
Executive Vice President & Chief Administrative Officer
Mr. Thomas Rodney Quinn Jr.
President, Chief Executive Officer & Director
Christopher Orr
Executive Vice President & Chief Information Officer
Mr. Adam L. Metz
Senior EVice President & Chief Operating Officer
Mr. Robert G. Coradi
Executive Vice President, Chief Risk Officer & Secretary
Mr. Neelesh Kalani CPA
Executive Vice President, Chief Financial Officer & Head of Investor Relations
Mr. Matthew Dyckman
Executive Vice President & General Counsel
Mr. Christopher D. Holt
Executive Vice President & Market President for the Maryland Region