Orrstown Financial Services, Inc. (ORRF)
| Market Cap | 277.90M |
| Revenue (ttm) | 128.88M |
| Net Income (ttm) | 35.66M |
| Shares Out | 10.71M |
| EPS (ttm) | 3.42 |
| PE Ratio | 7.59 |
| Forward PE | 8.82 |
| Dividend | $0.80 (3.08%) |
| Ex-Dividend Date | Feb 5, 2024 |
| Volume | 83,524 |
| Open | 24.90 |
| Previous Close | 25.03 |
| Day's Range | 24.90 - 26.15 |
| 52-Week Range | 15.52 - 29.79 |
| Beta | 0.87 |
| Analysts | Buy |
| Price Target | 28.50 (+9.78%) |
| Earnings Date | Apr 30, 2024 |
About ORRF
Orrstown Financial Services, Inc. operates as the financial holding company for Orrstown Bank that provides commercial banking and financial advisory services to retail, commercial, non-profit, and government clients in the United States. It accepts various deposits, including checking, savings, time, demand, and money market deposits, as well as certificates of deposit. The company also offers commercial loans, such as commercial real estate, equipment, construction, working capital, and other commercial purpose loans, as well as industrial lo... [Read more]
Financial Performance
In 2023, ORRF's revenue was $128.88 million, an increase of 5.27% compared to the previous year's $122.42 million. Earnings were $35.66 million, an increase of 61.83%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ORRF stock is "Buy." The 12-month stock price forecast is $28.5, which is an increase of 9.78% from the latest price.
News
Orrstown Financial Services, Inc. Reports Fourth Quarter 2023 Results and Record Earnings for Full Year 2023
Net income of $7.6 million and diluted earnings per share of $0.73 for the three months ended December 31, 2023 compared to net income of $9.0 million and diluted earnings per share of $0.87 for the t...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Codorus Valley Bancorp, Inc.
NEW YORK , Dec. 13, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Codorus Valley Bancorp, Inc. (NASDAQ: CVLY) and its board of directors concerning the p...
ORRF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Orrstown Financial Services, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Orrstown Financial Services, Inc. (NASDAQ: ORRF) and Codorus Valley Bancorp, Inc. is fa...
Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Announce a Merger of Equals to Create a Premier Pennsylvania and Maryland Community Banking Franchise
SHIPPENSBURG, Pa. and YORK, Pa., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (“Orrstown”) (NASDAQ: ORRF), the parent company of Orrstown Bank, and Codorus Valley Bancorp, Inc. ...
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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.
Orrstown Financial Services, Inc. Reports Third Quarter 2021 Results
(1) Non-GAAP measure. See Appendix B for additional information.
Orrstown Financial Services, Inc. Reports Second Quarter 2021 Results and Announces Increased Quarterly Dividend
(1) Non-GAAP measure. See Appendix B for additional information.
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,...
Orrstown Financial Services, Inc. Reports First Quarter 2021 Results
(1) Non-GAAP measure. See Appendix B for additional information.
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....
Orrstown Financial Services, Inc. Reports Fourth Quarter and Full Year 2020 Results
(1) Non-GAAP measure. See Appendix B for additional information.
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...
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...