Orange County Bancorp (OBT) AI Stock Analysis

• Market Cap: $467.03M
• Dividend Yield: 2%
• Average Volume (3M): 39.30K
• Price to Earnings (P/E): 10.5
• Beta (1Y): 0.74
• Revenue Growth: 8.90%
• EPS Growth: 18.23%
• Country: US
• Employees: 225
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.93
• Shares Outstanding: 13,366,740
• 10 Day Avg. Volume: 24,597
• 30 Day Avg. Volume: 39,297
• PEG Ratio: -1.97
• Price to Book (P/B): 1.69
• Price to Sales (P/S): 2.20
• P/FCF Ratio: 9.56
• Enterprise Value/Market Cap: 1.04
• Enterprise Value/Revenue: 3.15
• Enterprise Value/Gross Profit: 4.23
• Enterprise Value/Ebitda: 9.99
• 1Y Price Target: $36.00
• Price Target Upside: 6.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 80 Outperform
• Price Target: $37.00 ▲(9.18% Upside)
• Action: Reiterated Date: 12/09/25
• Date: Action: Reiterated 12/09/25

Orange County Bancorp's strong valuation and technical indicators are the primary drivers of its high score. The company's financial performance is solid, though cash flow management remains a concern. The recent dividend increase and strategic growth initiatives further enhance its attractiveness.

Positive Factors

High Profitability Margins

Sustained gross margins above 70% and near-20% net margins indicate durable pricing power and operational efficiency for a regional bank. These margins support internal capital generation, underwriting capacity, and cushioning through credit cycles, underpinning long-term earnings resilience.

Improved Leverage Management

A materially improved debt-to-equity ratio suggests management has reduced leverage and strengthened the balance sheet. Lower leverage enhances financial flexibility for lending growth, stress absorption, and regulatory capital management, reducing refinancing risk over multiple quarters.

Dividend Increase Signals Capital Discipline

A cash dividend increase reflects management confidence in recurring earnings and capital allocation discipline. Maintaining and raising payouts implies predictable cash generation and a shareholder-friendly policy, supporting investor trust and signaling sustainable surplus capital over the medium term.

Negative Factors

Declining Free Cash Flow Growth

A decline in free cash flow growth weakens the bank's ability to fund loans, dividends, and operational investment from internal sources. Over months this raises reliance on wholesale funding or debt, limiting strategic flexibility and elevating exposure to funding cost shifts or liquidity stress.

Low Operating Cash Conversion

Low conversion of net income into operating cash suggests earnings may not be fully cash-backed, potentially from timing, credit or working-capital issues. Persistent weak cash conversion undermines balance sheet liquidity and makes dividend coverage and loan growth less sustainable over time.

Relatively Low Equity Ratio

A relatively low equity ratio indicates greater dependence on debt funding, increasing sensitivity to interest-rate rises and credit stress. Over a medium-term horizon this can constrain capital deployment, raise regulatory capital risk, and amplify earnings volatility during economic downturns.

Orange County Bancorp Business Overview & Revenue Model

Company Description

Orange County Bancorp, Inc., through its subsidiaries, provides commercial and consumer banking products and services, and trust and wealth management services to small businesses, middle-market enterprises, local municipal governments, and affluent individuals. It accepts various deposit products, including interest-bearing and noninterest-bearing demand accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company also offers commercial real estate loans, commercial and industrial loans, commercial real estate construction loans, residential real estate loans, home equity loans, and consumer loans. In addition, it provides traditional trust and administration, asset management, financial planning, and wealth management services. The company operates 14 full-service branches and one loan production office in Orange, Westchester, Rockland, and Bronx counties in New York. Orange County Bancorp, Inc. was founded in 1892 and is headquartered in Middletown, New York.

How the Company Makes Money

Orange County Bancorp generates revenue through multiple key streams, primarily by earning interest on loans and other financial products. The company issues loans to both consumers and businesses, and the interest accrued on these loans constitutes a significant portion of its income. Additionally, OBT earns income from fees associated with deposit accounts, transaction services, and wealth management advisory services. The bank also benefits from non-interest income sources, such as fees from mortgage origination and servicing, as well as commissions from investment products. Strategic partnerships with local businesses and community organizations further enhance its service offerings and customer base, contributing to overall revenue growth.

Orange County Bancorp Financial Statement Overview

Summary

Orange County Bancorp demonstrates strong profitability and effective equity utilization, with some concerns regarding cash flow sustainability. The company has improved its leverage position, but the reliance on debt remains a potential risk. Continued focus on cash flow management will be crucial for maintaining financial health.

Income Statement

Orange County Bancorp shows strong profitability with a consistent gross profit margin above 70% and a net profit margin close to 20% in TTM. The revenue growth rate is positive, indicating steady growth, although it has slowed compared to previous years. The EBIT and EBITDA margins are healthy, reflecting efficient operations.

Balance Sheet

The company has improved its debt-to-equity ratio significantly in the TTM period, indicating better leverage management. Return on equity remains strong, showcasing effective use of equity to generate profits. However, the equity ratio is relatively low, suggesting a higher reliance on debt financing.

Cash Flow

The cash flow analysis reveals a decline in free cash flow growth, which could be a concern for future liquidity. The operating cash flow to net income ratio is low, indicating potential cash flow challenges. However, the free cash flow to net income ratio remains robust, suggesting good cash conversion from profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	154.54M	143.09M	131.07M	96.00M	76.00M	64.43M
Gross Profit	115.33M	99.92M	93.82M	80.35M	69.60M	54.29M
EBITDA	48.79M	36.77M	39.12M	31.97M	28.34M	16.08M
Net Income	36.35M	27.88M	29.48M	24.36M	21.29M	11.68M
Balance Sheet
Total Assets	2.64B	2.51B	2.49B	2.29B	2.14B	1.66B
Cash, Cash Equivalents and Short-Term Investments	616.51M	594.11M	637.33M	619.54M	770.98M	451.34M
Total Debt	56.98M	143.09M	254.02M	150.95M	22.38M	22.32M
Total Liabilities	2.37B	2.32B	2.32B	2.15B	1.96B	1.53B
Stockholders Equity	270.12M	185.53M	165.38M	138.14M	182.84M	135.42M
Cash Flow
Free Cash Flow	40.01M	32.87M	40.96M	28.94M	18.36M	10.65M
Operating Cash Flow	42.91M	34.60M	44.50M	30.48M	20.32M	11.34M
Investing Cash Flow	-85.51M	-29.42M	-144.92M	-434.11M	-291.31M	-330.96M
Financing Cash Flow	71.61M	-2.23M	161.72M	183.53M	455.93M	415.74M

Orange County Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 33.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OBT, the sentiment is Positive. The current price of 33.89 is above the 20-day moving average (MA) of 33.14, above the 50-day MA of 30.70, and above the 200-day MA of 26.74, indicating a bullish trend. The MACD of 1.49 indicates Negative momentum. The RSI at 70.58 is Negative, neither overbought nor oversold. The STOCH value of 33.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OBT.

Orange County Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OBT	80 Outperform	$467.03M	10.50	15.69%	2.00%	8.90%	18.23%
FRBA	72 Outperform	$425.53M	9.73	10.03%	1.41%	9.76%	4.43%
FMAO	72 Outperform	$382.25M	11.46	8.98%	3.18%	6.52%	36.77%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MSBI	61 Neutral	$499.14M	-3.78	-17.52%	5.87%	12.76%	-401.62%
CIVB	60 Neutral	$461.96M	9.06	9.73%	2.96%	3.49%	33.86%
BRBS	49 Neutral	$392.49M	39.81	1.29%	―	-15.07%	―

Orange County Bancorp Corporate Events

Orange County Bancorp Increases Cash Dividend by $0.05

On November 24, 2025, Orange County Bancorp, Inc. announced a $0.05 increase in its cash dividend, declaring a $0.18 per share dividend on its common stock. This dividend is scheduled to be paid on December 16, 2025, to shareholders recorded by December 4, 2025. This announcement reflects the company’s financial health and commitment to providing returns to its shareholders, potentially enhancing its attractiveness to investors.

The most recent analyst rating on (OBT) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Orange County Bancorp stock, see the OBT Stock Forecast page.

Orange County Bancorp Highlights Growth Strategies at Conference

On November 10, 2025, Orange County Bancorp, Inc. distributed a slide presentation to analysts and prospective investors, highlighting the company’s operating and growth strategies and financial performance. The presentation was part of the Piper Sandler Financial Services Conference held on November 11, 2025. This event underscored the company’s strategic focus on market expansion and leveraging its experienced management team to enhance its competitive positioning in the financial services industry.

The most recent analyst rating on (OBT) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Orange County Bancorp stock, see the OBT Stock Forecast page.