Orrstown Financial Services Inc (ORRF)
NASDAQ:ORRF
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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.04Last Year’s EPS
1.04Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive tone: strong profitability (net income, ROAE, ROAA), healthy deposit and loan production, growing fee income, expense reduction and rapidly building capital were emphasized as core strengths. The main challenges were a modest quarter-over-quarter NIM decline (10 bps) driven by temporary funding pressures from extended seasonal deposit runoff, some decline in loan yields, modest net charge-offs (~$0.9M) and increased unrealized losses on securities. Management expects funding costs and margins to improve in Q2 and maintained guidance, suggesting the negatives are viewed as transitory.Company Guidance
Net Income and EPS
Net income of $21.8 million, or $1.12 per diluted share for Q1 2026, representing a profitable start to the year and strong earnings generation.
Strong Profitability Metrics
Return on average assets (ROAA) of 1.59% and return on average equity (ROAE) of 14.76%, with performance stated as exceeding peer multiples.
Robust Fee Income
Fee income rose to $15.6 million (24.1% of total operating income) from $14.4 million in Q4 2025, an increase of approximately 8.3%; includes $2.4 million of life insurance proceeds, $5.6 million in wealth management income and $1.3 million in swap fees.
Deposit Growth and Funding Improvement
Deposits increased by $98.7 million in the quarter (approximately 9% annualized), with 86% of growth in demand deposits and a $14 million (7% annualized) increase in noninterest-bearing deposits; growth enabled reduction in borrowings and is expected to lower future funding costs.
Loan Production and Pipeline
Loan production of $211 million during the quarter and loan growth of 4% on an annualized basis; growth across C&I and CRE with a robust pipeline supporting future targets.
Expense Reduction and Efficiency
Noninterest expense declined by $0.7 million to $36.7 million quarter-over-quarter (approximately a 1.9% decrease), driven by lower salaries and benefits, reduced healthcare cost and decreased professional services spend.
Capital Generation and Dividend
Tangible common equity (TCE) increased to 9.2%; regulatory capital ratios building quickly from earnings generation and the Board declared a quarterly dividend of $0.30 per share.
ORRF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ORRF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 21, 2026 | $37.74 | $35.87 | -4.95% |
Jan 27, 2026 | $35.78 | $34.31 | -4.13% |
Oct 21, 2025 | $32.86 | $34.29 | +4.37% |
Jul 22, 2025 | $33.10 | $35.64 | +7.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Orrstown Financial Services Inc (ORRF) report earnings?
Orrstown Financial Services Inc (ORRF) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
What is Orrstown Financial Services Inc (ORRF) earnings time?
Orrstown Financial Services Inc (ORRF) earnings time is at Jul 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ORRF EPS forecast?
ORRF EPS forecast for the fiscal quarter 2026 (Q2) is 1.04.