Orrstown Finl Svcs Inc Stock Price, News & Analysis

Orrstown Financial Services (NASDAQ: ORRF) reported third quarter 2025 results with net income $21.9M and diluted EPS $1.13 for the quarter ended September 30, 2025, up from $19.4M and $1.01 in Q2 2025. Return on average assets was 1.60% and return on average equity was 15.72%. Net interest margin (tax equivalent) was 4.11%. Loans grew by $48.4M to $4.0B and tangible book value per share rose to $24.12. The company redeemed $32.5M of subordinated notes on September 30, 2025 and declared a cash dividend of $0.27 per share payable November 12, 2025.

Orrstown Financial Services (NASDAQ: ORRF) will report third quarter 2025 earnings after market close on Tuesday, October 21, 2025. Management will host a conference call and webcast to review results on Wednesday, October 22, 2025 at 9:00 am ET.

Webcast and slides will be available at https://events.q4inc.com/attendee/959187028. Telephone access is available via listed US, Canada and international numbers with Conference ID 5555102. A recorded playback will be available by phone until October 29, 2025 and on the company Investor Relations site at investors.orrstown.com.

Orrstown Financial Services (NASDAQ:ORRF) reported strong Q2 2025 results with net income of $19.4 million, or $1.01 per diluted share, up from $18.1 million in Q1 2025. Excluding merger-related expenses, adjusted earnings were $20.2 million or $1.04 per share.

Key highlights include a net interest margin improvement to 4.07%, loan growth of $55.4 million (6% annualized), and an efficiency ratio decrease to 60.3%. The company's Board approved a share repurchase program for up to 500,000 shares and increased the quarterly dividend by $0.01 to $0.27 per share.

The bank demonstrated strong asset quality with classified loans decreasing by $10.4 million to $65.8 million, while maintaining an allowance for credit losses of 1.22% of total loans.

Orrstown Financial Services (NASDAQ: ORRF), the parent company of Orrstown Bank, has scheduled its second quarter 2025 earnings release for Tuesday, July 22, 2025 after market close. The company will host a conference call and webcast to discuss the results on Wednesday, July 23, 2025, at 9:00 am ET.

Investors can access the webcast through the provided link or join via telephone using various dial-in options. A recorded playback will be available until July 30, 2025, accessible through multiple toll-free and toll numbers, as well as through the company's investor relations website.

Orrstown Financial Services (NASDAQ: ORRF) announced a new stock repurchase program authorized by its Board of Directors. The program allows the company to repurchase up to 500,000 shares of its common stock, representing approximately 2.5% of outstanding shares. The repurchases will be conducted through open market or privately negotiated transactions, potentially including Rule 10b5-1 trading plans. The implementation timing, share quantity, and purchase price will be determined based on market conditions, regulatory requirements, and other corporate factors. The company maintains the right to suspend or terminate the program at any time.

Orrstown Bank (NASDAQ: ORRF) has announced key leadership changes with the promotion of Zachary Khuri to Chief Revenue Officer and Joshua Hocker to Market President for the Central Pennsylvania Region. Khuri, who joined the bank in 2019 and previously served as Market President for Central Pennsylvania, brings over 20 years of banking experience and will now lead the bank's revenue-generating business lines across its entire footprint. Hocker, formerly Director of Middle Market Lending, succeeds Khuri as Market President. Both executives bring strong educational backgrounds and proven track records in commercial banking and relationship building. The appointments are effective immediately and align with the bank's focus on growth and client service.

Orrstown Financial Services (NASDAQ: ORRF) reported Q1 2025 net income of $18.1 million, or $0.93 per diluted share, up from $13.7 million in Q4 2024. Excluding merger-related expenses, adjusted net income was $19.3 million ($1.00 per share).

Key financial metrics include:

• Net interest margin at 4.00% (down from 4.05% in Q4 2024)
• Return on average assets: 1.35%
• Return on average equity: 13.98%
• Commercial loans declined by $49.7 million (2%) due to strategic risk reduction

Notable developments include a $0.6 million recovery in credit loss provisions, improved capital ratios with total risk-based capital at 13.1%, and a declared cash dividend of $0.26 per share payable May 13, 2025. Tangible book value increased to $21.99 per share.

Orrstown Financial Services (NASDAQ: ORRF) has scheduled its first quarter 2025 earnings release and conference call. The company will release Q1 2025 earnings after market close on Tuesday, April 22, 2025, followed by a conference call and webcast on Wednesday, April 23, 2025 at 9:00 am ET.

Investors can access the webcast presentation at the provided link, or join via telephone using the toll-free and international dial-in numbers. A recorded playback will be available until April 30, 2025, accessible through multiple phone numbers or the company's Investor Relations website section.

Orrstown Financial Services (NASDAQ: ORRF) has announced the promotion of Adam L. Metz to Senior Executive Vice President and Chief Operating Officer of both the Company and Orrstown Bank, effective immediately. This promotion is part of a planned succession strategy, as Metz is intended to succeed Thomas R. Quinn, Jr. as President and CEO upon Quinn's retirement on May 25, 2026.

Metz has been serving as Executive Vice President and Chief Revenue Officer since February 2019, following his role as Executive Vice President and Chief Lending Officer from September 2016 to February 2019. Prior to joining Orrstown, he served as Senior Vice President, Chief Lending Officer at Metro Bank in Harrisburg, Pennsylvania from 2011 to 2016.