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Orrstown Financial Services Inc (ORRF)
NASDAQ:ORRF
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.98Last Year’s EPS
0.83Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 22, 2025
|% Change Since: 8.22%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
Orrstown Financial Services showed strong core earnings and improved loan pipelines despite economic uncertainty and market volatility. While they faced challenges from the recent merger-related costs and a decrease in loan portfolios, they have managed to maintain a stable net interest margin and increase capital ratios.Company Guidance
During the Orrstown Financial Services Inc. First Quarter 2025 Earnings Conference Call, guidance was provided on several key financial metrics and strategic initiatives. Tom Quinn, the CEO, highlighted core earnings performance, with return on average assets at 1.45% and return on average equity at 14.97% for the quarter ending March 31, 2025. Despite merger-related expenses impacting results, the company expects these costs to normalize by the second quarter, reducing non-interest expenses by approximately $1 million. The net interest margin remained strong at 4%, with a decrease in the cost of deposits by 15 basis points from the previous quarter. The company saw a 1.4% decline in loans due to strategic risk management actions, but anticipates mid-single-digit loan growth moving forward. Adam Metz noted a 40% increase in loan pipelines since year-end, reflecting positive momentum despite economic uncertainties. The company's CRE concentration was at 302% of risk-based capital, below their internal limit of 350%. Capital ratios improved, with the TCE ratio nearing 8%, and the company is considering strategic opportunities such as buybacks and sub-debt redemption to enhance shareholder value.Strong Core Earnings Performance
Excluding merger and non-recurring charges, the return on average assets was 1.45% and return on average equity was 14.97% for Q1 2025, compared to 1.19% and 13.79% in Q4 2024.
Improved Loan Pipeline
Loan pipelines have increased by over 40% since year-end, indicating positive momentum despite economic challenges.
Stable and Decreasing Funding Costs
Net interest margin remains strong at 4% for Q1 2025. The cost of deposits declined 15 basis points from Q4 2024 to Q1 2025.
Capital Growth
Capital ratios increased across the board quarter-to-quarter, with TCE nearing 8%.
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 22, 2025 | $27.37 | $28.07 | +2.56% |
Jan 31, 2025 | $36.02 | $35.75 | -0.75% |
Oct 22, 2024 | $35.59 | $36.72 | +3.18% |
Jul 23, 2024 | $31.25 | $32.76 | +4.83% |
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 29, 2025, TBA Not Confirmed.
What is Orrstown Financial Services Inc (ORRF) earnings time?
Orrstown Financial Services Inc (ORRF) earnings time is at Jul 29, 2025, TBA Not 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 2025 (Q2) is 0.98.