Orange County Bancorp, Inc. (OBT)
| Market Cap | 253.91M |
| Revenue (ttm) | 93.94M |
| Net Income (ttm) | 29.48M |
| Shares Out | 5.66M |
| EPS (ttm) | 5.24 |
| PE Ratio | 8.56 |
| Forward PE | 8.13 |
| Dividend | $0.92 (2.05%) |
| Ex-Dividend Date | Mar 1, 2024 |
| Volume | 2,330 |
| Open | 44.39 |
| Previous Close | 44.01 |
| Day's Range | 44.05 - 44.88 |
| 52-Week Range | 26.88 - 64.01 |
| Beta | 0.37 |
| Analysts | Buy |
| Price Target | 51.00 (+13.64%) |
| Earnings Date | May 7, 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
Orange County Bancorp, Inc. Declares Cash Dividend
MIDDLETOWN, NY / ACCESSWIRE / February 21, 2024 / On February 15, 2024, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Inves...
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 ...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...