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Oregon Bancorp Inc - ORBN STOCK NEWS

Welcome to our dedicated news page for Oregon Bancorp (Ticker: ORBN), a resource for investors and traders seeking the latest updates and insights on Oregon Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oregon Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oregon Bancorp's position in the market.

Rhea-AI Summary
Oregon Bancorp, Inc. (ORBN) reported first-quarter 2024 net earnings of $0.6 million, or $0.26 per common share, with a quarterly return on average assets of 0.6% and return on average equity of 3.0%. The Company's net income increased from the previous quarter, with a strong balance sheet, stable net interest margin, and improved residential mortgage loan origination volume. The Board of Directors also distributed a $0.26 per share quarterly dividend. CEO Ryan Dempster highlighted cost-cutting measures to boost profitability amid high interest rates.
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Oregon Bancorp, Inc. (ORBN) announces a quarterly dividend of $0.26 per share for shareholders, payable on April 15, 2024.
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Oregon Bancorp, Inc. reported fourth-quarter 2023 net earnings of $547,000 and $0.22 per common share, with a quarterly return on average assets of 0.6% and return on average equity of 3.0%. Year-to-date net income reached $3.6 million and $1.44 per common share outstanding, with a decline in deposits but an increase in commercial loan balances. The company's net interest margin was 4.2% for the fourth quarter and 4.3% for the 2023 fiscal year, with a $0.26 per share quarterly dividend distributed on January 16, 2024. President and CEO Ryan Dempster mentioned the impact of elevated loan interest rates on residential mortgage loans and expectations for interest rate reductions in 2024.
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Oregon Bancorp, Inc. (OTCBB: ORBN) declares a quarterly dividend of $0.26 per share, payable on January 16, 2024, to shareholders of record as of January 2, 2024.
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Oregon Bancorp reports net earnings of $0.6 million in Q3 2023
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Oregon Bancorp, Inc. declares quarterly dividend of $0.26 per share.
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Rhea-AI Summary
Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, reported second quarter 2023 net earnings of $1.02 million, or $0.41 per common share. The quarterly return on average assets was 1.1% and the return on average equity was 5.6%. Year-to-date net income is $2.4 million and $0.96 per common share. The company's balance sheet declined by $11.8 million, primarily due to a decline in deposits. Commercial loan balances increased by $11.4 million. The board of directors declared a $0.52 per share quarterly dividend.
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Oregon Bancorp Inc

OTC:ORBN

ORBN Rankings

ORBN Stock Data

45.74M
1.43M
1.12%
Commercial Banking
Finance and Insurance
Link
US
101 High Street N E