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OBT

Orange County Bancorp, Inc.

OBT

Orange County Bancorp, Inc. • NASDAQ
$27.11 ▼ -0.70% (-0.19)
Market Cap $362.37 M
52w High $30.81
52w Low $20.97
Dividend Yield 0.52%
P/E 8.98
Volume 8.80K
Outstanding Shares 13.37M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $41.293M ▲ $16.818M ▲ $10.019M ▼ 24.263% ▼ $0.75 ▼ $13.465M ▼
Q2-2025 $40.517M ▲ $16.731M ▲ $10.461M ▲ 25.819% ▲ $0.87 ▲ $14.051M ▲
Q1-2025 $36.241M ▼ $16.472M ▼ $8.704M ▲ 24.017% ▲ $0.77 ▲ $11.756M ▲
Q4-2024 $36.493M ▲ $18.448M ▲ $7.164M ▲ 19.631% ▲ $0.63 ▲ $9.515M ▲
Q3-2024 $35.58M $15.917M $3.216M 9.039% $0.28 $4.474M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $616.511M ▲ $2.636B ▲ $2.366B ▲ $270.12M ▲
Q2-2025 $586.42M ▲ $2.606B ▲ $2.354B ▼ $252.589M ▲
Q1-2025 $287.323M ▼ $2.56B ▲ $2.359B ▲ $201.324M ▲
Q4-2024 $594.109M ▼ $2.51B ▼ $2.324B ▼ $185.531M ▼
Q3-2024 $630.404M $2.519B $2.326B $193.094M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $10.461M ▲ $-4.951M ▼ $-21.346M ▲ $37.73M ▲ $11.433M ▼ $-5.684M ▼
Q1-2025 $8.704M ▲ $4.837M ▼ $-24.704M ▼ $33.706M ▲ $13.839M ▲ $4.343M ▼
Q4-2024 $7.164M ▲ $12.828M ▲ $-16.754M ▲ $-6.612M ▼ $-10.538M ▲ $11.748M ▲
Q3-2024 $3.216M ▼ $10.249M ▲ $-60.299M ▼ $21.242M ▲ $-28.808M ▼ $9.959M ▲
Q2-2024 $8.213M $9.273M $15.139M $20.542M $44.954M $9.165M

Five-Year Company Overview

Income Statement

Income Statement Orange County Bancorp shows a steady build in its core earnings over the past five years. Revenue has climbed consistently, and profits have generally followed, indicating a business that has been able to grow without sacrificing overall profitability. That said, the most recent year shows slightly softer profit per share despite higher revenue, which points to rising costs, margin pressure, or higher credit-related expenses. Overall, the income statement reflects a mature, growing regional bank with solid, but not explosive, earnings momentum and a need to keep an eye on cost control and credit quality as it expands.

Balance Sheet

Balance Sheet The balance sheet has grown meaningfully, with total assets trending upward each year, suggesting steady expansion in loans and customer relationships. Shareholders’ equity has also increased, which supports resilience and regulatory capital strength. Debt rose over time and then eased back somewhat, but for a bank this is only part of the funding picture—deposits remain the primary engine. Cash levels have moved around but appear adequate, though lower than the spike seen a few years ago. Overall, the balance sheet looks like that of a conservatively expanding community bank: larger, better capitalized, but still reliant on maintaining stable funding and deposit relationships.

Cash Flow

Cash Flow Cash generation from operations has been consistently positive and has gradually improved, which is a healthy sign for any financial institution. Free cash flow largely mirrors operating cash flow, with little visible drag from capital spending, since banks are not as asset-heavy as industrial firms. This pattern suggests the bank has been able to fund growth and technology investments largely from internally generated cash rather than leaning heavily on new external financing. Still, as with all banks, headline cash flow figures should be viewed alongside funding stability and asset quality, which are not fully captured in these numbers.

Competitive Edge

Competitive Edge OBT’s edge is not about being the flashiest tech player, but about being deeply embedded in its local market. It has strong roots in the Hudson Valley, long-standing relationships with local businesses and professionals, and a clear focus on commercial and real estate lending. This local expertise and relationship-driven approach are difficult for large national banks to duplicate. The bank also differentiates itself through a more sophisticated commercial offering—treasury services and tailored solutions for businesses—plus a meaningful wealth management arm. The main competitive risks are its regional concentration and exposure to commercial and real estate cycles, as well as the need to keep pace with the digital experience offered by much larger competitors.

Innovation and R&D

Innovation and R&D Innovation at OBT is practical rather than disruptive. The bank has invested in modern digital tools—online and mobile banking, remote deposit, Zelle, and robust treasury management services—aimed at making life easier for businesses and higher-end clients. Its “high-tech, high-touch” strategy is about blending convenient digital platforms with direct access to decision-makers and personalized advice. The build-out and rebranding of its wealth management platform into a more unified “Orange Wealth Management” offering is another important strategic step, positioning the bank to deepen relationships with affluent and institutional clients. The main challenge is that many of these digital capabilities are now standard across the industry, so OBT must keep steadily investing to avoid falling behind, even if it does not aim to be a cutting-edge fintech leader.

Summary

Orange County Bancorp looks like a steadily growing regional bank built on long-term community relationships, with improving earnings over time and a balance sheet that has scaled up in a measured way. Profitability is solid but showing some recent margin pressure, which bears watching as competition and funding costs evolve. Cash generation is consistent and supportive of continued investment in people, technology, and expansion. Competitively, OBT leans on its strong local brand, commercial focus, and integrated wealth management to defend its niche against larger rivals. Its future trajectory will likely depend on how well it manages credit risk in its commercial and real estate books, maintains funding stability, and continues to upgrade its digital offerings without losing the personal, relationship-based model that underpins its moat.

NEWS

November 24, 2025 · 4:45 PM UTC

Orange County Bancorp, Inc. Declares Cash Dividend

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October 29, 2025 · 4:15 PM UTC

Orange County Bancorp, Inc. Announces Record Third Quarter 2025 Results

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September 10, 2025 · 9:51 AM UTC

KBRA Assigns Ratings to Orange County Bancorp, Inc.

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