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Orange County Bancorp ( (OBT) ) has shared an announcement.
On June 3, 2025, Orange County Bancorp, Inc. announced an underwritten public offering of 1,720,430 shares of its common stock, with an option for underwriters to purchase an additional 258,064 shares. The offering is expected to close on June 5, 2025, with net proceeds estimated at $37.5 million, intended for general corporate purposes including investments in the bank, regulatory capital, liquidity, and potential strategic acquisitions. Piper Sandler & Co. and Stephens Inc. are managing the offering, which aims to bolster the company’s financial position and support its growth strategy.
The most recent analyst rating on (OBT) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Orange County Bancorp stock, see the OBT Stock Forecast page.
Spark’s Take on OBT Stock
According to Spark, TipRanks’ AI Analyst, OBT is a Outperform.
Orange County Bancorp’s stock is bolstered by strong financial management and attractive valuation metrics, despite some challenges in cash flow. The positive impact of corporate events, such as dividend announcements, further enhances investor confidence. However, technical signals suggest cautious optimism due to mixed momentum indicators and a price below the 200-day average.
To see Spark’s full report on OBT stock, click here.
More about Orange County Bancorp
Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank with a history spanning over 125 years, known for its commitment to community and business clients, and has grown to approximately $2.6 billion in total assets. Hudson Valley Investment Advisors, Inc., a Registered Investment Advisor, was founded in 1996 and acquired by the company in 2012.
Average Trading Volume: 19,030
Technical Sentiment Signal: Buy
Current Market Cap: $283.5M
For a thorough assessment of OBT stock, go to TipRanks’ Stock Analysis page.