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AEM, BSAC, EFSC, FOX and OBT have been added to the Zacks Rank #1 (Strong Buy) List on May 2, 2025.
Orange County Bancorp, Inc. (OBT) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.83 per share a year ago.
Highlights include: Net interest margin of 3.95% for the quarter ended March 31, 2025 increased 31 basis points, or 8.5%, versus 3.64% for the quarter ended March 31, 2024 Total Deposits grew $128.3 million, or 6.0%, reaching $2.3 billion at March 31, 2025 as compared to $2.2 billion at December 31, 2024 Total Loans of $1.9 billion at March 31, 2025 increased $38.5 million, or 2.1%, from $1.8 billion at December 31, 2024 Net Income reached $8.7 million for the three months ended March 31, 2025 representing a decrease of $586 thousand, or 6.3%, as compared to $9.3 million for the three months ended March 31, 2024 Trust and investment advisory income rose $553 thousand, or 19.2%, to $3.4 million, for the quarter ended March 31, 2025 from $2.9 million for the quarter ended March 31, 2024 Book value per share increased $1.34, or 8.2%, reaching $17.69 at March 31, 2025 as compared to $16.35 at December 31, 2024 MIDDLETOWN, N.Y., April 30, 2025 (GLOBE NEWSWIRE) -- Orange County Bancorp, Inc.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
MIDDLETOWN, N.Y., April 11, 2025 (GLOBE NEWSWIRE) -- Orange Bank & Trust Company, an economic engine of New York's business community for more than 132 years, announced that David Dineen has been promoted to Executive Vice President, Senior Managing Director of Wealth Management.
Final homes are selling quickly in this highly desirable Orange County community Final homes are selling quickly in this highly desirable Orange County community
Final homes are selling quickly in this amenity-rich master-planned community in the heart of Orange County Final homes are selling quickly in this amenity-rich master-planned community in the heart of Orange County
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
MIDDLETOWN, N.Y., March 24, 2025 (GLOBE NEWSWIRE) -- Orange Bank & Trust Company (the “Bank”), the banking subsidiary of Orange County Bancorp, Inc. (the “Company” - Nasdaq: OBT), is pleased to announce the promotion of two officers to support the ongoing expansion of Orange Wealth Management. Carla Alfieri has been promoted to Senior Vice President, Director of Private Banking and Jacqueline Weimmer will serve as Director of Trust Services.
Orange County Bancorp, Inc. (OBT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).