Orange County Bancorp, Inc. (OBT)
| Market Cap | 180.74M |
| Revenue (ttm) | 80.10M |
| Net Income (ttm) | 22.26M |
| Shares Out | 5.64M |
| EPS (ttm) | 3.96 |
| PE Ratio | 8.09 |
| Forward PE | n/a |
| Dividend | $0.92 (2.87%) |
| Ex-Dividend Date | Jun 1, 2023 |
| Volume | 11,475 |
| Open | 31.52 |
| Previous Close | 31.34 |
| Day's Range | 31.52 - 33.32 |
| 52-Week Range | 26.88 - 55.19 |
| Beta | 0.22 |
| Analysts | Buy |
| Price Target | 50.00 (+56.1%) |
| Earnings Date | May 1, 2023 |
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 affluent individuals. It accepts various deposit products, 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 e... [Read more]
Financial Performance
In 2022, OBT's revenue was $80.57 million, an increase of 14.87% compared to the previous year's $70.14 million. Earnings were $24.36 million, an increase of 14.45%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for OBT stock is "Buy" and the 12-month stock price forecast is $50.0.
News
Orange County Bancorp, Inc. Declares Cash Dividend
MIDDLETON, NY / ACCESSWIRE / May 19, 2023 / On May 18, 2023, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advis...
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...
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...
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...
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...
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...
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...
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...
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, ...
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...
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...
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...
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...
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...
Orange Bank & Trust Hires David P. Dineen as Senior Vice President and Director of Wealth Services
MIDDLETOWN, NY / ACCESSWIRE / March 7, 2022 / Orange Bank & Trust Company (the "Bank"), the banking subsidiary of Orange County Bancorp, Inc. (the "Company") (Nasdaq:OBT), is pleased to announce the h...
Orange Bank & Trust Promotes Elizabeth Jones to Senior Vice President and Chief Operating Officer
MIDDLETOWN, NY / ACCESSWIRE / February 24, 2022 / Orange Bank & Trust Company (the "Bank"), the banking subsidiary of Orange County Bancorp, Inc. (the "Company" - NASDAQ:OBT), is pleased to announce t...
Orange County Bancorp, Inc. Announces Record Earnings for 2021
Net Income for full year 2021 increased $9.6 million, or 82.1%, to a record $21.3 million Return on average assets for Q4 2021 rose 21 basis points, or 25.9%, year-over-year to 1.02% Return on average...
Orange County Bancorp, Inc. Announces the Appointment of Kevin J. Keane to the Board of Directors
MIDDLETOWN, NY / ACCESSWIRE / January 21, 2022 / The Board of Directors and CEO Michael Gilfeather of Orange County Bancorp, Inc. (the "Company")(NASDAQ:OBT), parent company of Orange Bank & Trust Com...
Orange Bank & Trust Hires Michael Lesler as SVP, Controller & Chief Accounting Officer
MIDDLETOWN, NY / ACCESSWIRE / December 29, 2021 / Orange County Bancorp, Inc. (the "Company") (Nasdaq:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announces that Michael Lesler has joi...
Orange County Bancorp, Inc. Announces Record Third Quarter 2021 Results
Orange County Bancorp, Inc. Announces Record Third Quarter 2021 Results Net Income for Q3 2021 increased $2.6 million, or 91.4%, to a record $5.6 million versus Q3 2020 Return on average assets for Q3...
5 Stocks With High Insider Buys Over Past 2 Months
According to the Insider Cluster Buys page, a Premium feature of GuruFocus, five stocks with high insider buys over the past two months are Orange County Bancorp Inc. ( OBT , Financial), FS KKR Capita...
Orange County Bancorp, Inc. Announces Record Second Quarter 2021 Results
Orange County Bancorp, Inc. Announces Record Second Quarter 2021 Results Net Income for Q2 2021 increased $2.3 million, or 80.4%, to a record $5.2 million versus Q2 2020 Return on average assets for ...
Orange County Bancorp, Inc. Announces Closing of Initial Public Offering of Common Stock and Full Exercise of Underwriters' Overallotment Option
MIDDLETOWN, NY / ACCESSWIRE / August 9, 2021 / Orange County Bancorp, Inc. (Nasdaq:OBT) (the "Company"), parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., toda...
Orange County Bancorp, Inc. Announces NASDAQ Capital Market Listing
MIDDLETOWN, NY / ACCESSWIRE / August 5, 2021 / Orange County Bancorp, Inc. (the “Company”), parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. ("HVIA"), today an...
Orange County Bancorp, Inc. Launches Initial Public Offering of Common Stock
MIDDLETOWN, NY / ACCESSWIRE / July 29, 2021 / Orange County Bancorp, Inc. (the "Company"), parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. ("HVIA"), today ann...