Orrstown Financial Services (NASDAQ:ORRF) Releases Earnings Results, Beats Expectations By $0.07 EPS

Orrstown Financial Services (NASDAQ:ORRF) announced its earnings results on Tuesday. The bank reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.07, Zacks reports. Orrstown Financial Services had a return on equity of 14.41% and a net margin of 24.23%. The business had revenue of $66.70 million for the quarter, compared to analyst estimates of $66.20 million.

Orrstown Financial Services Price Performance

NASDAQ ORRF opened at $42.89 on Thursday. Orrstown Financial Services has a 12 month low of $32.50 and a 12 month high of $43.81. The firm has a market capitalization of $843.65 million, a PE ratio of 9.55 and a beta of 0.69. The company’s 50 day simple moving average is $41.92 and its 200 day simple moving average is $40.12. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.87 and a quick ratio of 0.87.

Orrstown Financial Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Tuesday, November 3rd will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, November 3rd. This represents a $1.20 annualized dividend and a yield of 2.8%. Orrstown Financial Services’s dividend payout ratio (DPR) is presently 26.73%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Hovde Group increased their target price on Orrstown Financial Services from $42.00 to $46.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods boosted their price target on Orrstown Financial Services from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Raymond James Financial assumed coverage on Orrstown Financial Services in a report on Thursday, July 9th. They issued a “market perform” rating for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Orrstown Financial Services in a research report on Friday, October 2nd. Finally, DA Davidson restated a “neutral” rating and set a $41.00 price objective on shares of Orrstown Financial Services in a research note on Wednesday, July 22nd. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Orrstown Financial Services presently has an average rating of “Moderate Buy” and an average price target of $44.33.

Insider Activity at Orrstown Financial Services

In other Orrstown Financial Services news, EVP Amy Doll sold 3,002 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $41.61, for a total value of $124,913.22. Following the completion of the sale, the executive vice president directly owned 25,669 shares of the company’s stock, valued at approximately $1,068,087.09. This represents a 10.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.30% of the company’s stock.

Key Orrstown Financial Services News

Here are the key news stories impacting Orrstown Financial Services this week:

• Positive Sentiment: Quarterly earnings beat estimates: Orrstown reported diluted EPS of $1.17, up from $1.09 in the prior quarter and above the $1.10 consensus estimate. Net income rose to $22.8 million, while revenue of $66.7 million also exceeded the $66.2 million estimate. Orrstown Financial Services Reports Third Quarter 2026 Results
• Positive Sentiment: Better operating performance: Tax-equivalent net interest margin expanded 25 basis points sequentially to 4.12%, while the efficiency ratio improved to 56.0% from 60.1%. Return on average equity increased to 14.62%, supporting the positive earnings reaction. Orrstown Q3 Earnings Key Metrics
• Positive Sentiment: Loan growth and credit metrics improved: Total loans increased $95.3 million, or 9% annualized, during the quarter. Classified loans declined 8%, and nonaccrual loans fell to 0.54% of total loans from 0.58%, indicating lower credit-risk pressure. Orrstown Financial Services Earnings Results
• Positive Sentiment: Dividend maintained: The board declared a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and a yield of approximately 2.8%. The dividend is payable November 10 to shareholders of record November 3. Orrstown Dividend and Results Announcement
• Neutral Sentiment: Funding was mixed: Deposits declined $38.1 million, or 3% annualized, during the quarter, partially offsetting the strong loan growth and warrant investor monitoring of liquidity and funding costs.

About Orrstown Financial Services

Orrstown Financial Services, Inc is the bank holding company for Orrstown Bank, a full-service community banking institution headquartered in Shippensburg, Pennsylvania. Founded in 1919, the company serves individuals, families, businesses and organizations through a network of banking offices in Pennsylvania and Maryland.

Orrstown Bank offers a range of personal and business banking products, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, commercial real estate loans and business financing.