ORRF - Orrstown Financial Services Inc Stock Price, Fair Value and News

26.51USD+0.08 (+0.30%)Market Closed

Market Summary

USD26.51+0.08

Market Closed

0.30%

ORRF Stock Price

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ORRF RSI Chart

ORRF Valuation

Market Cap

282.9M

Price/Earnings (Trailing)

7.93

Price/Sales (Trailing)

1.89

EV/EBITDA

1.67

Price/Free Cashflow

6.83

ORRF Price/Sales (Trailing)

ORRF Profitability

EBT Margin

30.04%

Return on Equity

13.45%

Return on Assets

1.16%

Free Cashflow Yield

14.64%

ORRF Fundamentals

ORRF Revenue

Revenue (TTM)

149.9M

Rev. Growth (Yr)

24.72%

Rev. Growth (Qtr)

3.46%

ORRF Earnings

Earnings (TTM)

35.7M

Earnings Growth (Yr)

-20.6%

Earnings Growth (Qtr)

-15.32%

Breaking Down ORRF Revenue

Last 7 days

5.5%

Last 30 days

2.6%

Last 90 days

-9.0%

Trailing 12 Months

42.4%

How does ORRF drawdown profile look like?

ORRF Financial Health

Debt/Equity

0.15

Debt/Cashflow

1.09

ORRF Investor Care

Dividend Yield

3.03%

Dividend/Share (TTM)

0.8

Buy Backs (1Y)

0.19%

Diluted EPS (TTM)

3.42

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	119.1M	130.7M	142.0M	149.9M
2022	93.6M	95.3M	100.5M	108.7M
2021	99.6M	98.2M	96.2M	93.7M
2020	97.3M	97.9M	97.2M	99.6M
2019	71.0M	80.2M	88.8M	93.0M
2018	53.9M	56.8M	59.9M	65.7M
2017	43.8M	46.0M	48.5M	51.5M
2016	39.4M	40.1M	40.8M	42.0M
2015	37.8M	37.8M	38.2M	38.6M
2014	37.2M	37.8M	38.3M	38.2M
2013	41.8M	39.2M	37.4M	37.1M
2012	58.1M	54.2M	49.5M	45.4M
2011	60.0M	61.0M	61.7M	60.4M
2010	0	54.9M	56.6M	58.4M
2009	0	0	0	53.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Orrstown Financial Services Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 23, 2024	chajkowski david	sold (taxes)	-9,711	26.68	-364	evp, chief credit officer
Feb 16, 2024	fague philip e	sold (taxes)	-13,797	27.65	-499	evp, trust & wealth
Feb 16, 2024	coradi robert g	acquired	-	-	3,917	evp, chief risk officer
Feb 16, 2024	bonanno adam d.	acquired	-	-	3,776	evp, operations & technology
Feb 16, 2024	kalani neelesh	acquired	-	-	4,316	evp, chief financial officer
Feb 16, 2024	khuri zachary moses	acquired	-	-	3,136	evp, market president
Feb 16, 2024	hornberger david todd	sold (taxes)	-17,308	27.65	-626	evp, market president
Feb 16, 2024	bonanno adam d.	sold (taxes)	-8,709	27.65	-315	evp, operations & technology
Feb 16, 2024	holt christopher d	sold (taxes)	-20,156	27.65	-729	evp, market president
Feb 16, 2024	holt christopher d	acquired	-	-	4,044	evp, market president

Which funds bought or sold ORRF recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-3.28	-254,955	1,829,140	-%
Apr 24, 2024	Assenagon Asset Management S.A.	added	17.54	40,487	648,128	-%
Apr 24, 2024	BROWN ADVISORY INC	sold off	-100	-235,970	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.18	-19,000	10,000	-%
Apr 23, 2024	Global Retirement Partners, LLC	new	-	10,708	10,708	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	53,079	184,434	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	sold off	-100	-103,043	-	-%
Apr 16, 2024	Arlington Trust Co LLC	unchanged	-	-12,170	119,341	0.03%
Apr 05, 2024	CWM, LLC	reduced	-9.15	-3,000	14,000	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	unchanged	-	-83,514	818,921	-%

Are Funds Buying or Selling ORRF?

Are funds buying ORRF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ORRF

No. of Funds

Unveiling Orrstown Financial Services Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.11%	542,423	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.5%	791,695	SC 13G/A
Apr 06, 2023	orrstown financial services inc	2.54%	270,472	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 01, 2023	blackrock inc.	6.8%	730,407	SC 13G/A
Apr 05, 2022	orrstown financial services inc	2.71%	302,897	SC 13G/A
Feb 01, 2022	blackrock inc.	6.5%	731,057	SC 13G/A
Apr 07, 2021	orrstown financial services inc	5.00%	560,497	SC 13G/A
Jan 29, 2021	blackrock inc.	7.1%	791,718	SC 13G/A

Recent SEC filings of Orrstown Financial Services Inc

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	EFFECT	EFFECT
Apr 23, 2024	8-K	Current Report
Apr 19, 2024	S-4/A	Mergers and Acquisition
Apr 04, 2024	13F-HR	Fund Holdings Report
Mar 29, 2024	S-4	Mergers and Acquisition
Mar 22, 2024	DEF 14A	DEF 14A
Mar 14, 2024	10-K	Annual Report
Feb 27, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading
Feb 20, 2024	4	Insider Trading

Peers (Alternatives to Orrstown Financial Services Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	556.9B	171.1B	-1.23%	42.96%	11.24	3.25	60.72%	31.52%
BAC	298.3B	130.3B	2.16%	33.23%	11.25	2.29	79.51%	-3.68%
WFC	214.2B	85.7B	5.65%	51.75%	11.19	2.5	41.49%	39.96%
C	118.1B	133.3B	0.19%	33.28%	12.8	0.89	79.09%	-
CFG	16.1B	10.2B	0.49%	19.99%	9.98	1.57	44.53%	-22.43%
KEY	13.6B	7.9B	-2.99%	38.35%	14.11	1.72	46.47%	-49.56%
MID-CAP
CMA	6.9B	4.2B	0.27%	28.36%	7.84	1.65	56.25%	-23.46%
ZION	6.1B	3.9B	0.15%	56.31%	8.99	1.55	45.91%	-25.03%
ABCB	3.3B	1.3B	1.98%	45.44%	12.19	2.56	43.24%	-22.35%
ASB	3.2B	2.0B	4.09%	22.34%	17.64	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	405.4M	164.9M	-2.75%	45.78%	34.66	2.46	42.66%	-70.76%
AROW	375.3M	162.6M	-6.28%	5.24%	12.48	2.31	25.39%	-38.37%
ACNB	282.4M	96.6M	-5.74%	8.07%	8.91	2.92	11.02%	-11.37%
ASRV	47.8M	60.9M	1.82%	-1.75%	-14.3	0.79	24.06%	-144.92%

Orrstown Financial Services Inc News

Latest updates

Orrstown Financial Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.5%	40.00	39.00	37.00	34.00	32.00	27.00	25.00	24.00	24.00	22.00	24.00	24.00	26.00	24.00	25.00	24.00	24.00	25.00	24.00	20.00	20.00
EBITDA Margin	-7.4%	1.03*	1.11*	1.07*	1.14*	1.20*	1.22*	1.40*	1.41*	1.42*	1.44*	1.40*	1.33*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.8%	26.00	26.00	26.00	26.00	27.00	25.00	24.00	23.00	23.00	21.00	22.00	22.00	24.00	21.00	21.00	18.00	18.00	18.00	19.00	15.00	15.00
Income Taxes	-18.9%	2.00	3.00	3.00	2.00	2.00	-1.57	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00
Earnings Before Taxes	-16.1%	10.00	12.00	12.00	11.00	12.00	-6.40	11.00	10.00	9.00	9.00	11.00	13.00	13.00	6.00	8.00	6.00	5.00	8.00	3.00	3.00	1.00
EBT Margin	-9.7%	0.30*	0.33*	0.22*	0.23*	0.24*	0.23*	0.40*	0.41*	0.44*	0.47*	0.43*	0.39*	-	-	-	-	-	-	-	-	-
Net Income	-15.3%	8.00	9.00	10.00	9.00	10.00	-4.83	9.00	8.00	7.00	7.00	9.00	10.00	10.00	5.00	6.00	5.00	4.00	7.00	3.00	3.00	1.00
Net Income Margin	-10.3%	0.24*	0.27*	0.18*	0.19*	0.20*	0.19*	0.33*	0.33*	0.35*	0.38*	0.35*	0.32*	-	-	-	-	-	-	-	-	-
Free Cashflow	63.0%	13.00	8.00	15.00	5.00	-1.66	12.00	18.00	6.00	10.00	10.00	3.00	16.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.3%	3,064	3,054	3,008	3,012	2,922	2,852	2,824	2,901	2,835	2,870	2,913	2,964	2,751	2,782	2,773	2,388	2,383	2,314	2,400	1,973	1,934
Cash Equivalents	-31.4%	65.00	95.00	76.00	98.00	61.00	67.00	112	214	209	311	337	326	125	87.00	52.00	57.00	56.00	50.00	116	77.00	89.00
Net PPE	0.0%	29.00	29.00	30.00	29.00	29.00	31.00	33.00	34.00	34.00	34.00	35.00	35.00	35.00	35.00	37.00	37.00	38.00	43.00	42.00	38.00	38.00
Goodwill	0%	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	20.00	20.00	20.00	20.00	13.00	13.00
Liabilities	-0.4%	2,799	2,811	2,763	2,771	2,694	2,635	2,587	2,646	2,563	2,602	2,647	2,709	2,504	2,549	2,547	2,177	2,160	2,090	2,180	1,794	1,761
Short Term Borrowings	-	-	-	-	-	17.00	-	-	-	23.00	-	-	-	19.00	-	-	-	8.00	37.00	9.00	10.00	64.00
Long Term Debt	-	40.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63.00	83.00	103	83.00
Shareholder's Equity	9.0%	265	243	246	240	229	217	238	255	272	269	266	254	246	233	226	211	223	223	220	179	173
Retained Earnings	4.9%	118	112	105	98.00	92.00	85.00	92.00	85.00	79.00	74.00	69.00	62.00	54.00	46.00	43.00	38.00	35.00	33.00	27.00	26.00	24.00
Additional Paid-In Capital	0.3%	189	188	188	188	189	189	188	188	190	189	189	189	189	189	188	188	188	189	188	152	152
Shares Outstanding	0.0%	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	194	-	-	-	245	-	-	-	249	-	-	-	159	-	-	-	238	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	64.0%	13,696	8,349	16,242	5,414	-1,566	12,467	18,649	6,642	10,596	10,380	3,202	16,633	13,833	9,480	2,427	4,431	5,635	-2,310	5,336	429	7,357
Share Based Compensation	-2.6%	593	609	535	619	546	741	529	338	521	483	478	467	479	437	651	525	432	475	180	499	381
Cashflow From Investing	24.6%	-25,770	-34,181	-36,694	-56,603	-73,477	-79,385	-41,174	-76,955	-68,789	11,035	62,366	-6,625	-395,895	34,416	84,728	-15,814	-68,543	24,361	100,312	-37,667	22,028
Cashflow From Financing	-139.8%	-17,704	44,453	-1,553	88,689	68,939	21,939	-79,807	75,841	-44,512	-46,762	-55,051	190,979	420,013	-8,879	-92,002	12,557	68,447	-88,007	-66,485	25,640	18,413
Dividend Payments	0.0%	2,120	2,121	2,118	2,126	2,020	2,028	2,091	2,125	2,128	2,122	2,026	2,004	1,898	1,901	1,905	1,906	1,678	1,673	1,386	1,413	1,209
Buy Backs	-	6.00	-	1,404	1,175	116	-	9,890	4,166	800	1,069	-	-	-	-	-	1,170	-	-	-	-	-

ORRF Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income
Loans	$ 126,595	$ 93,528	$ 84,227
Investment securities - taxable	18,031	10,237	6,622
Investment securities - tax-exempt	3,462	4,115	2,493
Short term investments	1,809	774	353
Total interest income	149,897	108,654	93,695
Interest expense
Deposits	37,510	6,337	4,199
Securities sold under agreements to repurchase and federal funds purchased	114	44	31
FHLB advances and other borrowings	5,350	630	482
Subordinated notes	2,017	2,013	2,009
Total interest expense	44,991	9,024	6,721
Net interest income	104,906	99,630	86,974
Provision for credit losses	1,682	4,160	1,090
Net interest income after provision for credit losses	103,224	95,470	85,884
Noninterest income
Service charges on deposit accounts	3,949	3,826	3,047
Interchange income	3,873	4,055	4,129
Other service charges, commissions and fees	917	788	646
Swap fee income	1,039	2,632	293
Trust and investment management income	7,691	7,631	7,896
Brokerage income	3,649	3,620	3,571
Mortgage banking activities	591	407	5,909
Income from life insurance	2,482	2,339	2,273
Investment securities (losses) gains	(47)	(160)	638
Other income	1,508	1,814	750
Total noninterest income	25,652	26,952	29,152
Noninterest expenses
Salaries and employee benefits	50,983	48,004	44,002
Occupancy	4,342	4,729	4,731
Furniture and equipment	5,251	5,083	5,115
Data processing	4,913	4,560	4,061
Automated teller and interchange fees	1,252	1,287	1,202
Advertising and bank promotions	2,157	2,264	2,178
FDIC insurance	1,960	1,083	816
Professional services	2,905	3,254	2,555
Directors' compensation	915	938	865
Taxes other than income	1,050	1,391	1,321
Intangible asset amortization	953	1,105	1,275
Merger-related expenses	1,059	0	0
Provision for legal settlement	0	13,000	0
Restructuring expenses	0	3,155	0
Other operating expenses	6,103	5,953	6,020
Total noninterest expenses	83,843	95,806	74,141
Income before income tax expense	45,033	26,616	40,895
Income tax expense	9,370	4,579	8,014
Net income	$ 35,663	$ 22,037	$ 32,881
Per share information:
Basic earnings per share (in dollars per share)	$ 3.45	$ 2.09	$ 3.00
Diluted earnings per share (in dollars per share)	3.42	2.06	2.96
Dividends paid per share (in dollars per share)	$ 0.80	$ 0.76	$ 0.74

ORRF Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 32,586	$ 28,477
Interest-bearing deposits with banks	32,575	32,346
Cash and cash equivalents	65,161	60,823
Restricted investments in bank stocks	11,992	10,642
Securities available-for-sale (amortized cost of $549,089 and $563,278 at December 31, 2023 and 2022, respectively)	513,519	513,728
Loans held for sale, at fair value	5,816	10,880
Loans	2,298,313	2,151,232
Less: Allowance for credit losses	(28,702)	(25,178)
Net loans	2,269,611	2,126,054
Premises and equipment, net	29,393	29,328
Cash surrender value of life insurance	73,204	71,760
Goodwill	18,724	18,724
Other intangible assets, net	2,414	3,078
Accrued interest receivable	13,630	11,027
Deferred tax asset, net	22,017	24,031
Other assets	38,759	42,333
Total assets	3,064,240	2,922,408
Deposits:
Noninterest-bearing	430,959	494,131
Interest-bearing	2,127,855	1,950,807
Deposits held for assumption in connection with sale of bank branch	0	31,307
Total deposits	2,558,814	2,476,246
Securities sold under agreements to repurchase and federal funds purchased	9,785	17,251
FHLB advances and other borrowings	137,500	106,139
Subordinated notes	32,093	32,026
Other liabilities	60,992	61,850
Total liabilities	2,799,184	2,693,512
Shareholders’ Equity
Preferred stock, $1.25 par value per share; 500,000 shares authorized; no shares issued or outstanding	0	0
Common stock, no par value—$0.05205 stated value per share 50,000,000 shares authorized; 11,204,599 shares issued and 10,612,390 outstanding at December 31, 2023; 11,229,242 shares issued and 10,671,413 outstanding at December 31, 2022	583	584
Additional paid—in capital	189,027	189,264
Retained earnings	117,667	92,473
Accumulated other comprehensive loss	(28,476)	(39,913)
Treasury stock— 592,209 and 557,829 shares, at cost, at December 31, 2023 and 2022, respectively	(13,745)	(13,512)
Total shareholders’ equity	265,056	228,896
Total liabilities and shareholders’ equity	$ 3,064,240	$ 2,922,408

About Orrstown Financial Services Inc

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, as well as home equity lines of credit; residential mortgage loans; acquisition and development loans; municipal loans; and installment and other loans. In addition, the company provides renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as other fiduciary services under the Orrstown Financial Advisors name; and retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory, insurance, and brokerage services. Orrstown Financial Services, Inc. was founded in 1919 and is headquartered in Shippensburg, Pennsylvania.

CEO	Mr. Thomas Rodney Quinn Jr.
WEBSITE	orrstown.com
INDUSTRY	Banks Diversified
EMPLOYEES	404

Orrstown Financial Services Inc Frequently Asked Questions

What is the ticker symbol for Orrstown Financial Services Inc? What does ORRF stand for in stocks?

ORRF is the stock ticker symbol of Orrstown Financial Services Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Orrstown Financial Services Inc (ORRF)?

As of Thu Apr 25 2024, market cap of Orrstown Financial Services Inc is 282.94 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ORRF stock?

You can check ORRF's fair value in chart for subscribers.

What is the fair value of ORRF stock?

You can check ORRF's fair value in chart for subscribers. The fair value of Orrstown Financial Services Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Orrstown Financial Services Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ORRF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Orrstown Financial Services Inc a good stock to buy?

The fair value guage provides a quick view whether ORRF is over valued or under valued. Whether Orrstown Financial Services Inc is cheap or expensive depends on the assumptions which impact Orrstown Financial Services Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ORRF.

What is Orrstown Financial Services Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, ORRF's PE ratio (Price to Earnings) is 7.93 and Price to Sales (PS) ratio is 1.89. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ORRF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Orrstown Financial Services Inc's stock?

In the past 10 years, Orrstown Financial Services Inc has provided 0.069 (multiply by 100 for percentage) rate of return.