Logo

ORRF

Orrstown Financial Services, Inc.

ORRF

Orrstown Financial Services, Inc. • NASDAQ
$35.76 ▼ -0.36% (-0.13)
Market Cap $697.28 M
52w High $40.55
52w Low $25.57
Dividend Yield 1.06%
P/E 9.1
Volume 88.36K
Outstanding Shares 19.50M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $89.612M ▲ $35.405M ▼ $21.865M ▲ 24.4% ▲ $1.14 ▲ $31.407M ▲
Q2-2025 $87.133M ▲ $36.999M ▼ $19.448M ▲ 22.32% ▲ $1.01 ▲ $28.352M ▲
Q1-2025 $86.466M ▼ $37.499M ▼ $18.051M ▲ 20.876% ▲ $0.94 ▲ $27.007M ▲
Q4-2024 $90.457M ▼ $42.125M ▼ $13.684M ▲ 15.128% ▲ $0.72 ▲ $21.032M ▲
Q3-2024 $94.589M $59.515M $-7.903M -8.355% $-0.41 $-6.24M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $851.351M ▲ $5.47B ▲ $4.898B ▲ $571.936M ▲
Q2-2025 $815.515M ▲ $5.388B ▼ $4.839B ▼ $548.448M ▲
Q1-2025 $287.12M ▼ $5.442B ▼ $4.909B ▼ $532.936M ▲
Q4-2024 $1.079B ▲ $5.442B ▼ $4.925B ▼ $516.682M ▲
Q3-2024 $1.064B $5.471B $4.954B $516.206M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $19.448M ▲ $24.477M ▲ $-82.555M ▼ $-79.665M ▼ $-137.743M ▼ $23.687M ▲
Q1-2025 $18.051M ▲ $10.953M ▲ $39.867M ▲ $-12.574M ▲ $38.246M ▲ $8.638M ▲
Q4-2024 $13.684M ▲ $8.36M ▲ $32.341M ▼ $-28.607M ▼ $12.094M ▼ $7.241M ▲
Q3-2024 $-7.903M ▼ $7.496M ▲ $101.964M ▲ $-5.189M ▼ $104.271M ▲ $7.133M ▲
Q2-2024 $7.738M $6.433M $-63.932M $7.286M $-50.213M $6.396M

Revenue by Products

Product Q3-2018Q1-2019Q2-2019Q3-2019
Products And Services Brokerage Income
Products And Services Brokerage Income
 $0 ▲$0 ▲$0 ▲$0 ▲
Products And Services Loan Swap Referral Fees
Products And Services Loan Swap Referral Fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Products And Services Merchant And Bankcard Fees Interchange Income
Products And Services Merchant And Bankcard Fees Interchange Income
 $0 ▲$0 ▲$0 ▲$0 ▲
Products And Services Non Interest Income
Products And Services Non Interest Income
 $0 ▲$0 ▲$0 ▲$10.00M ▲
Products And Services Service Charges On Deposits
Products And Services Service Charges On Deposits
 $0 ▲$0 ▲$0 ▲$0 ▲
Products And Services Trust And Investment Management Income
Products And Services Trust And Investment Management Income
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been trending upward over the last five years, with a noticeable step up in the most recent year. Profitability has remained positive throughout, but earnings per share dipped recently after an unusually strong prior year, suggesting some margin pressure or higher costs, possibly from funding costs, credit provisioning, or integration and technology spending. Overall, this looks like a steady, profitable community bank with some earnings volatility rather than a straight-line growth story.

Balance Sheet

Balance Sheet The balance sheet has expanded meaningfully, with total assets rising strongly in the latest year, pointing to growth in lending or acquired assets ahead of the planned merger. Equity has also increased, which is a healthy sign of retained earnings and capital strength. Debt and other funding have grown but appear to be rising in line with the larger balance sheet. Cash levels are higher than in most prior years, which provides added flexibility but also reflects the need to carefully manage liquidity in a changing rate environment.

Cash Flow

Cash Flow Cash generation from operations has been consistently positive and fairly stable over the period shown. Because capital spending is light, free cash flow closely tracks operating cash flow, indicating that the bank does not require heavy physical investment to run or grow. For a bank, traditional cash flow metrics are less revealing than capital and asset quality, but the pattern here suggests no major cash drains or sharp swings in underlying cash performance.

Competitive Edge

Competitive Edge Orrstown operates as a regional community bank with long-standing roots in Pennsylvania and Maryland, giving it deep local relationships and a loyal customer base. It competes by blending personalized service, relationship-based commercial banking, and wealth management with a reasonably modern digital offering. The planned merger with Codorus Valley should meaningfully increase its scale, branch footprint, and relevance in its markets, which can help with efficiency and product breadth. At the same time, it still faces strong competition from larger regional banks, national players, and digital-first institutions that may offer broader product sets or more advanced technology.

Innovation and R&D

Innovation and R&D Instead of traditional R&D, the bank is investing in digital banking, treasury management tools, and fraud prevention services that make it easier and safer for individuals and businesses to manage money. Its mobile and online platforms, plus features like Positive Pay for business clients, show a focus on practical, service-oriented innovation rather than flashy technology. Strategic branch consolidation and reinvestment of those savings into technology underline a shift toward a leaner, more digital model. The upcoming merger adds another layer of tech work: integrating systems and platforms smoothly will be an important execution test.

Summary

Orrstown shows a profile of a profitable, growing community bank that is moving toward a larger regional role through its planned merger. Earnings have been consistently positive, with some recent pressure after a strong year, while the balance sheet has expanded and capital has strengthened. The bank’s strategy leans on local relationships, specialized business and wealth services, and increasing digital capabilities, supported by branch consolidation and efficiency efforts. Key watch points going forward include how well it manages credit quality, funding costs, and especially the operational and cultural integration of the merger, which will largely determine whether its larger scale translates into stronger, more stable profitability.

NEWS

October 21, 2025 · 4:05 PM UTC

Orrstown Financial Services, Inc. Reports Third Quarter 2025 Results

Read more

October 15, 2025 · 4:05 PM UTC

Orrstown Financial Services, Inc. Announces Date of Third Quarter 2025 Earnings Release, Conference Call and Webcast

Read more