Orrstown Financial Services, Inc. (ORRF)

NASDAQ: ORRF · IEX Real-Time Price · USD
24.20
-0.20 (-0.82%)
Dec 6, 2023, 4:00 PM EST - Market closed
-0.82%
Market Cap 258.98M
Revenue (ttm) 129.91M
Net Income (ttm) 37.65M
Shares Out 10.61M
EPS (ttm) 3.58
PE Ratio 6.76
Forward PE 7.84
Dividend $0.80 (3.31%)
Ex-Dividend Date Nov 6, 2023
Volume 15,133
Open 24.99
Previous Close 24.40
Day's Range 24.20 - 25.35
52-Week Range 15.52 - 28.42
Beta 0.88
Analysts Buy
Price Target 25.00 (+3.31%)
Earnings Date Jan 23, 2024

About ORRF

Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and financial advisory services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits, as well as certificates of deposit. 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,... [Read more]

Sector Financials
Founded 1919
Employees 404
Stock Exchange NASDAQ
Ticker Symbol ORRF
Full Company Profile

Financial Performance

In 2022, ORRF's revenue was $122.42 million, an increase of 6.42% compared to the previous year's $115.04 million. Earnings were $22.04 million, a decrease of -32.98%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ORRF stock is "Buy." The 12-month stock price forecast is $25.0, which is an increase of 3.31% from the latest price.

Price Target
$25.0
(3.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Orrstown Financial Services, Inc. Reports Earnings for the Third Quarter 2023

Net income of $9.0 million and diluted earnings per share of $0.87 for the three months ended September 30, 2023 compared to net income of $9.8 million and diluted earnings per share of $0.94 for the ...

6 weeks ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports Earnings for the Second Quarter 2023

SHIPPENSBURG, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), announced earning...

4 months ago - GlobeNewsWire

The Juniata Valley Bank and Orrstown Bank Announce Completion of the Sale of Orrstown's Path Valley Branch Location to Juniata

MIFFLINTOWN, Pa. and SHIPPENSBURG, Pa., May 12, 2023 (GLOBE NEWSWIRE) -- The Juniata Valley Bank, a wholly-owned subsidiary of Juniata Valley Financial Corp. (OTCQX:JUVF) (“Juniata”), and Orrstown Ban...

7 months ago - GlobeNewsWire

These banks have high exposure to loans secured by office properties — here's how their stocks have performed

Investors are right to be worried about declining values for office buildings. We appear to be at the start of a long transition for many cities, after the COVID-19 pandemic made clear that for many t...

7 months ago - Market Watch

Orrstown Financial Services, Inc. Reports Earnings for the First Quarter 2023

SHIPPENSBURG, Pa., April 25, 2023 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), announced earnin...

8 months ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports Earnings for the Fourth Quarter 2022 and Full Year 2022 Results

SHIPPENSBURG, Pa., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), announced earning...

11 months ago - GlobeNewsWire

The Juniata Valley Bank and Orrstown Bank Announce Definitive Agreement for Sale of Orrstown's Path Valley Branch to Juniata

MIFFLINTOWN, Pa. and SHIPPENSBURG, Pa., Dec. 23, 2022 (GLOBE NEWSWIRE) -- The Juniata Valley Bank, a wholly-owned subsidiary of Juniata Valley Financial Corp. (OTCQX:JUVF) (“Juniata”), and Orrstown Ba...

1 year ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports Third Quarter 2022 Results

SHIPPENSBURG, Pa., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), announced earning...

1 year ago - GlobeNewsWire

Orrstown Financial Services, Inc. Announces Strategic Initiatives to Drive Long-Term Growth and Improve Operating Efficiencies

SHIPPENSBURG, Pa., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), today announced ...

1 year ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports Second Quarter 2022 Results

SHIPPENSBURG, Pa., July 19, 2022 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), announced earning...

1 year ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports First Quarter 2022 Results

SHIPPENSBURG, Pa., April 19, 2022 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), announced earnin...

1 year ago - GlobeNewsWire

Orrstown Financial Services, Inc. Announces Appointment of Meera Modi to Board of Directors

SHIPPENSBURG, Pa., March 10, 2022 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ: ORRF) (the “Company”) today announced that Meera R. Modi has been appointed to an open position on the ...

1 year ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports Record Earnings for Full Year 2021 and Fourth Quarter Results

(1) Non-GAAP measure. See Appendix B for additional information.

2 years ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports Third Quarter 2021 Results

(1) Non-GAAP measure. See Appendix B for additional information.

2 years ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports Second Quarter 2021 Results and Announces Increased Quarterly Dividend

(1) Non-GAAP measure. See Appendix B for additional information.

2 years ago - GlobeNewsWire

Orrstown Finl Servs: Q1 Earnings Insights

Shares of Orrstown Finl Servs (NASDAQ:ORRF) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 100.00% over the past year to $0.92,...

2 years ago - Benzinga

Orrstown Financial Services, Inc. Reports First Quarter 2021 Results

(1) Non-GAAP measure. See Appendix B for additional information.

2 years ago - GlobeNewsWire

Orrstown Financial Services, Inc., Announces Retirement of Thomas R. Brugger; Names Neelesh Kalani Executive Vice President and Chief Financial Officer

SHIPPENSBURG, Pa., March 31, 2021 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), announced today that Thomas R....

2 years ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports Fourth Quarter and Full Year 2020 Results

(1) Non-GAAP measure. See Appendix B for additional information.

3 years ago - GlobeNewsWire

Orrstown Financial Services, Inc. Reports Third Quarter 2020 Results

SHIPPENSBURG, Pa., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), announced earning...

3 years ago - GlobeNewsWire

Orrstown Financial Services, Inc. Announces Focus on Strategic Investments and Operational Efficiencies

SHIPPENSBURG, Pa., Sept. 24, 2020 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown"), the holding company for Orrstown Bank (the "Bank") is announcing a series of steps to adjust its...

3 years ago - GlobeNewsWire

Recap: Orrstown Finl Servs Q2 Earnings

Shares of Orrstown Finl Servs (NASDAQ:ORRF) were flat in after-market trading after the company reported Q2 results.

3 years ago - Benzinga

Orrstown Financial Services, Inc. Reports Second Quarter 2020 diluted EPS of $0.58 and Announces Quarterly Dividend of $0.17 per Share

SHIPPENSBURG, Pa., July 21, 2020 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”) and Wheatland Ad...

3 years ago - GlobeNewsWire

Orrstown Financial Services, Inc. Announces Election of Linford Weaver to Board of Directors

SHIPPENSBURG, Pa., June 01, 2020 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ: ORRF) today announced that Linford (Lin) Weaver has been elected to the Boards of Directors of the Com...

3 years ago - GlobeNewsWire

Orrstown Financial Services, Inc. Changes its Annual Shareholders Meeting to a Virtual Format

HARRISBURG, Pa., April 03, 2020 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (“Orrstown” or “the Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank and Wheatland Advisors, Inc., ...

3 years ago - GlobeNewsWire