Orrstown Financial Services(ORRF)
Search documents
Orrstown Bank Welcomes Chris Orr as Chief Information Officer and Ben Colvard as Chief Operations Officer
GlobeNewswire· 2025-01-17 00:03
Chris Orr, Chief Information Officer Chris Orr will lead Orrstown Bank’s technology strategy, leveraging nearly 20 years of experience in consulting, software delivery, and banking. Ben Colvard, Chief Operations Officer Ben Colvard will oversee Orrstown Bank’s operational strategy and ensure alignment of people, processes, and technology to deliver exceptional client experiences. HARRISBURG, Pa., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Orrstown Bank, a wholly owned subsidiary of Orrstown Financial Servic ...
Orrstown Financial Services: Expecting Decent Earnings Growth After The Merger Of Equals
Seeking Alpha· 2025-01-13 09:02
Following last year’s merger of equals, earnings of Orrstown Financial Services, Inc. (NASDAQ: ORRF ) will likely rebound in 2025. Organic loan additions will likely be the earnings catalyst. Further, the company is expecting some cost savings from theAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not rec ...
Orrstown Financial Services(ORRF) - 2024 Q3 - Quarterly Report
2024-11-12 19:58
Table of Contents Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, no par value ORRF Nasdaq Stock Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANG ...
Are You Looking for a Top Momentum Pick? Why Orrstown Financial Services (ORRF) is a Great Choice
ZACKS· 2024-11-07 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Earnings Estimates Moving Higher for Orrstown (ORRF): Time to Buy?
ZACKS· 2024-10-30 17:21
Investors might want to bet on Orrstown Financial Services (ORRF) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. Analysts' growing optimism on the earnings prospects of this holding company for Orrstown Bank is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlatio ...
Orrstown Financial Services (ORRF) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-22 22:35
Orrstown Financial Services (ORRF) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.98%. A quarter ago, it was expected that this holding company for Orrstown Bank would post earnings of $0.73 per share when it actually produced earnings of $0.83, delivering a surprise of 13.70%.Ove ...
Orrstown Financial Services(ORRF) - 2024 Q3 - Quarterly Results
2024-10-22 20:21
Exhibit 99 FOR IMMEDIATE RELEASE: Orrstown Financial Services, Inc. Reports Third Quarter 2024 Results (1) (1) (1) (1) • Orrstown Financial Services, Inc. ("Orrstown" or the "Company") closed the merger of equals transaction with Codorus Valley Bancorp, Inc. ("Codorus") on July 1, 2024, creating a premier Pennsylvania and Maryland community bank; as a result, the Company's results for the three months ended September 30, 2024 reflect the combined operating results of the combined companies; • Codorus contri ...
Orrstown Financial Services, Inc. Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-22 20:20
Orrstown Financial Services, Inc. ("Orrstown" or the “Company”) closed the merger of equals transaction with Codorus Valley Bancorp, Inc. ("Codorus") on July 1, 2024, creating a premier Pennsylvania and Maryland community bank; as a result, the Company's results for the three months ended September 30, 2024 reflect the combined operating results of the combined companies;Codorus contributed, after fair value purchase accounting adjustments, approximately $2.2 billion in total assets, $1.6 billion in loans, ...
Orrstown Financial Services: Well-Positioned For Dividend Seeking Investors
Seeking Alpha· 2024-10-18 14:24
A strong focus on stability of earnings and asset quality rather than fast growth makes Orrstown Financial Services (NASDAQ: ORRF ) one of the preferred stocks for dividend investors. The stock has seen tremendous upside (45%) since the anticipation of Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not re ...
Why Orrstown Financial Services (ORRF) is a Great Dividend Stock Right Now
ZACKS· 2024-09-27 16:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yiel ...