With $2.8 billion in assets, Orrstown Financial Services, Inc. and its wholly-owned subsidiary, Orrstown Bank, provides a wide range of consumer and business financial services through banking offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York Counties, Pennsylvania and Anne Arundel, Baltimore, Howard, and Washington Counties, Maryland, as well as Baltimore City, Maryland. Orrstown Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the FDIC. Orrstown Financial Services, Inc.’s common stock is traded on Nasdaq (ORRF).
Company profile
Ticker
ORRF
Exchange
Website
CEO
Thomas Quinn
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Wheatland Advisors, Inc ...
IRS number
232530374
ORRF stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
The Juniata Valley Bank and Orrstown Bank Announce Completion of the Sale of Orrstown’s Path Valley Branch Location to Juniata
12 May 23
10-Q
2023 Q1
Quarterly report
9 May 23
8-K
Submission of Matters to a Vote of Security Holders
3 May 23
8-K
Regulation FD Disclosure
2 May 23
8-K
Orrstown Financial Services, Inc. Reports Earnings for the First Quarter 2023
25 Apr 23
DEF 14A
Definitive proxy
31 Mar 23
8-K
Departure of Directors or Certain Officers
17 Mar 23
10-K
2022 FY
Annual report
16 Mar 23
8-K
Orrstown Financial Services, Inc. Reports Earnings for the Fourth Quarter 2022
24 Jan 23
8-K
The Juniata Valley Bank and Orrstown Bank Announce Definitive Agreement for Sale of Orrstown’s Path Valley Branch to Juniata
28 Dec 22
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 98.32 mm | 98.32 mm | 98.32 mm | 98.32 mm | 98.32 mm | 98.32 mm |
| Cash burn (monthly) | (no burn) | 9.66 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 20.41 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 77.92 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 8.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
42.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 70 |
| Opened positions | 8 |
| Closed positions | 7 |
| Increased positions | 23 |
| Reduced positions | 20 |
| 13F shares | Current |
|---|---|
| Total value | 76.77 bn |
| Total shares | 4.57 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 730.41 k | $16.92 bn |
| FMR | 538.94 k | $12.48 bn |
| Vanguard | 519.90 k | $12.04 bn |
| Dimensional Fund Advisors | 423.19 k | $9.80 mm |
| STT State Street | 205.97 k | $4.77 bn |
| Geode Capital Management | 192.04 k | $4.45 mm |
| Renaissance Technologies | 184.40 k | $4.27 mm |
| Pacific Ridge Capital Partners | 184.28 k | $4.27 bn |
| River Oaks Capital | 168.27 k | $3.90 mm |
| Wellington Management | 141.30 k | $3.27 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 May 23 | Longenecker Thomas D | Orrstown Financial Services, Inc, Common Stock | Buy | Acquire P | No | No | 16.25 | 200 | 3.25 k | 15,910 |
| 2 May 23 | Zullinger Joel R | Orrstown Financial Services, Inc., Common, Restricted Stock | Grant | Acquire A | No | No | 0 | 1,500 | 0.00 | 2,883 |
| 2 May 23 | Longenecker Thomas D | Orrstown Financial Services, Inc., Common, Restricted Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 2,111 |
| 2 May 23 | Joiner Cindy Jeannette | Orrstown Financial Services, Inc., Common, Restricted Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 2,111 |
| 2 May 23 | Snoke Glenn W | Orrstown Financial Services, Inc., Common, Restricted Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 2,111 |
News
Stocks That Hit 52-Week Lows On Friday
12 May 23
Stocks That Hit 52-Week Lows On Thursday
4 May 23
Orrstown Finl Servs Q1 EPS $0.87 Beats $0.86 Estimate, Sales $26.29M Miss $29.85M Estimate
25 Apr 23
Stocks That Hit 52-Week Lows On Wednesday
19 Apr 23
Stocks That Hit 52-Week Lows On Tuesday
18 Apr 23
Press releases
The Juniata Valley Bank and Orrstown Bank Announce Completion of the Sale of Orrstown's Path Valley Branch Location to Juniata
12 May 23
The Juniata Valley Bank and Orrstown Bank Announce Completion of the Sale of Orrstown's Path Valley Branch Location to Juniata
12 May 23
Orrstown Financial Services, Inc. Reports Earnings for the First Quarter 2023
25 Apr 23