Orange County Bancorp, Inc. (OBT)

NASDAQ: OBT · IEX Real-Time Price · USD
46.12
+1.50 (3.36%)
Jun 17, 2024, 4:00 PM EDT - Market closed
3.36%
Market Cap 260.92M
Revenue (ttm) 102.92M
Net Income (ttm) 35.54M
Shares Out 5.66M
EPS (ttm) 6.32
PE Ratio 7.30
Forward PE 8.66
Dividend $0.92 (2.00%)
Ex-Dividend Date Jun 4, 2024
Volume 18,785
Open 44.88
Previous Close 44.62
Day's Range 44.71 - 46.14
52-Week Range 32.22 - 64.01
Beta 0.42
Analysts Buy
Price Target 51.00 (+10.58%)
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]

Sector Financials
Founded 1892
Employees 197
Stock Exchange NASDAQ
Ticker Symbol OBT
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for OBT stock is "Buy" and the 12-month stock price forecast is $51.0.

Price Target
$51.0
(10.58% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 weeks ago - Accesswire

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...

6 weeks ago - Accesswire

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 ...

4 months ago - Accesswire

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...

4 months ago - Accesswire

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...

5 months ago - Accesswire

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...

7 months ago - Accesswire

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...

8 months ago - Accesswire

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...

9 months ago - Accesswire

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...

11 months ago - Accesswire

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...

11 months ago - Accesswire

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....

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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...

1 year ago - Accesswire

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, ...

1 year ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire

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...

2 years ago - Accesswire