Orange County Bancorp, Inc. (OBT)
Market Cap | 283.38M |
Revenue (ttm) | 102.92M |
Net Income (ttm) | 35.54M |
Shares Out | 5.66M |
EPS (ttm) | 6.32 |
PE Ratio | 7.93 |
Forward PE | 9.41 |
Dividend | $0.92 (1.84%) |
Ex-Dividend Date | Jun 4, 2024 |
Volume | 26,335 |
Open | 47.51 |
Previous Close | 47.51 |
Day's Range | 46.57 - 50.39 |
52-Week Range | 33.31 - 64.01 |
Beta | 0.42 |
Analysts | Buy |
Price Target | 51.00 (+1.82%) |
Earnings Date | Jul 24, 2024 |
About OBT
Orange County Bancorp, Inc., through its subsidiaries, provides commercial and consumer banking products and services, and trust and wealth management services to small businesses, middle-market enterprises, local municipal governments, and individuals. It accepts various deposits, including interest-bearing and noninterest-bearing demand accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company also offers commercial real estate loans, commercial and industrial loans, commercial real estate constructio... [Read more]
Financial Performance
In 2023, OBT's revenue was $93.94 million, an increase of 16.60% compared to the previous year's $80.57 million. Earnings were $29.48 million, an increase of 20.99%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for OBT stock is "Buy" and the 12-month stock price forecast is $51.0.
News
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Orange County Bancorp, Inc. Declares Cash Dividend
MIDDLETOWN, NY / ACCESSWIRE / May 17, 2024 / On May 16, 2024, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advi...
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Orange County Bancorp, Inc. Announces Record First Quarter Earnings
MIDDLETOWN NY / ACCESSWIRE / May 1, 2024 / Highlights include Net Income of $9.3 million for the three months ended March 31, 2024 increased $6.1 million, or 187.6%, as compared to $3.2 million for th...
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Orange County Bancorp, Inc. Announces Fourth Quarter and Record Full-Year Earnings for Fiscal 2023
Select Highlights include - Net Income of $29.5 million for the year ended December 31, 2023 represents an increase of $5.1 million, or 21.0%, as compared to $24.4 million for the year ended December ...
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Orange Bank and Trust Company Opens Full-Service Office in Yonkers
New Location Builds Upon Bank's Expanding Regional Branch Network Increases Access to Premier Services for Westchester Clients YONKERS, NY / ACCESSWIRE / January 30, 2024 / Orange Bank & Trust Company...
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Orange Bank & Trust Promotes Chief Financial Officer, Michael Lesler, to Executive Vice President
MIDDLETOWN, NY / ACCESSWIRE / January 11, 2024 / Orange Bank & Trust Company (the "Bank"), the banking subsidiary of Orange County Bancorp, Inc. (the "Company") (Nasdaq:OBT), is pleased to announce th...
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Orange Bank & Trust Hires Three New Officers to Support Growing Trust Division
MIDDLETOWN, NY / ACCESSWIRE / November 29, 2023 / Orange Bank & Trust Company (the "Bank"), the banking subsidiary of Orange County Bancorp, Inc. (the "Company") (Nasdaq:OBT), is pleased to announce t...
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Orange County Bancorp, Inc. Announces Results for Q3, 2023:
Net Income increased $1.2 million, or 15.1%, to $9.0 million for the quarter ended September 30, 2023 from $7.9 million for the quarter ended September 30, 2022 Net interest margin increased 8 basis p...
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Orange County Bancorp, Inc. Appoints Olga Luz Tirado to Board of Directors
Appointment Reflects Bank's Continuous Bronx-Based Growth MIDDLETOWN, NY / ACCESSWIRE / September 27, 2023 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & T...
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Orange County Bancorp, Inc. Announces Record Results for Q2, 2023
Net Income increased $7.0 million, or 330.6%, to $9.1 million for the quarter ended June 30, 2023 from $2.1 million for the quarter ended June 30, 2022 Total Assets grew $206.6 million, or 9.0%, to $2...
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Orange Bank & Trust Promotes Jennifer Meyer to Vice President and Area Manager/Branch Manager
MIDDLETOWN, NY / ACCESSWIRE / July 20, 2023 / Orange Bank & Trust Company (the "Bank"), the banking subsidiary of Orange County Bancorp, Inc. (the "Company" - Nasdaq:OBT), is pleased to announce the p...
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Orange County Bancorp, Inc. Announces Inclusion in Russell 2000 Index
Significant Milestone Reflects Bank's Continued Growth MIDDLETOWN, NY / ACCESSWIRE / June 26, 2023 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co....
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Orange Bank & Trust Company Continues Robust Growth
Appoints Jacob Rahiman as Chief Human Resources Officer and Senior Vice President MIDDLETOWN, NY / ACCESSWIRE / June 15, 2023 / Orange Bank & Trust Company, the economic engine of New York's Hudson Va...
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Orange County Bancorp, Inc. Announces First Quarter 2023 Results
Net Interest Income increased $4.8 million, or 29.4%, to $21.1 million for the quarter ended March 31, 2023 from $16.3 million for the quarter ended March 31, 2022 Total Assets grew $167.0 million, or...
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Orange County Bancorp, Inc. Appoints Michael Listner Chief Risk Officer
MIDDLETOWN, NY / ACCESSWIRE / February 28, 2023 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announced today the appointment of Se...
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Orange County Bancorp, Inc. Announces Record Quarterly and Annual Earnings:
Net income for Q4 2022 reached a quarterly record $9.1 million, a $3.6 million, or 65.0% increase, over net income of $5.5 million in Q4 2021, due primarily to increased interest income Net income for...
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Orange County Bancorp, Inc. Announces Retirement of CFO Robert Peacock in 2023
SVP Chief Accounting Officer and Controller, Michael Lesler to assume CFO role MIDDLETOWN, NY / ACCESSWIRE / December 21, 2022 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent compan...
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Orange Bank & Trust Holds Exclusive Sneak Peek Tour of their new Goshen Office
Located in the Historic Village Building at 54 West Main Street MIDDLETOWN, NY / ACCESSWIRE / December 7, 2022 / Orange Bank & Trust Company (the "Bank"), the banking subsidiary of Orange County Banco...
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Orange County Bancorp, Inc. Announces Record Third Quarter Results
Net income for Q3 2022 reached a quarterly record $7.9 million, an increase of $2.3 million, or 40.8%, from net income of $5.6 million for Q3 2021, driven primarily by increased net interest income du...
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Orange County Bancorp, Inc. Announces the Appointment of Marianna R. Kennedy to the Board of Directors
MIDDLETOWN, NY / ACCESSWIRE / September 20, 2022 / The Board of Directors and President and CEO Michael Gilfeather of Orange County Bancorp, Inc. (the "Company" - Nasdaq:OBT), parent company of Orange...
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Orange County Bancorp, Inc. Rings Nasdaq Opening Bell to Celebrate One-Year Anniversary of Initial Listing
MIDDLETOWN, NY / ACCESSWIRE / August 22, 2022 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") and Hudson Valley Investment Advisors, ...
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Orange Bank & Trust Hires Stephen Rooney as SVP, Co-Chief Credit Officer
MIDDLETOWN, NY / ACCESSWIRE / August 10, 2022 / Orange County Bancorp, Inc. (the "Company" - Nasdaq:OBT), parent company of Orange Bank & Trust Co. (the "Bank") is pleased to announce that Stephen Roo...
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Orange County Bancorp, Inc. Announces New HVIA Board Appointments
MIDDLETOWN, NY / ACCESSWIRE / August 9, 2022 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") and Hudson Valley Investment Advisors, I...
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Orange County Bancorp, Inc. Announces Second Quarter Results
Total Assets increased $250 million, or 11.7%, to $2.4 billion at June 30, 2022 from $2.1 billion at December 31, 2021 Total Loans grew $180 million, or 13.9%, to $1.5 billion at June 30, 2022 from $1...
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Orange County Bancorp, Inc. Announces New Board Chair Appointments
MIDDLETOWN, NY / ACCESSWIRE / June 30, 2022 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") and Hudson Valley Investment Advisors, In...
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Orange County Bancorp, Inc. Announces First Quarter Results
Orange County Bancorp, Inc. Announces First Quarter Results: Net Income for Q1 2022 increased $305 thousand, or 6.1%, over Q1 2021 to $5.3 million Annualized return on average assets for Q1 2022 decli...