Orange County BancorpOBT
OBT
About: Orange County Bancorp Inc provides banking services. Its services include personal banking services such as personal loans, personal savings, business loans, business savings, and Internet banking among others. The company provides commercial and consumer banking services to individuals, small businesses, and local municipal governments as well as trust and investment services through the Bank and HVIA. Its segment includes banking and wealth management. The company generates maximum revenue from the banking segment.
Employees: 197
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $132M [Q2] → $152M (+$20.2M) [Q3]
7% more funds holding
Funds holding: 54 [Q2] → 58 (+4) [Q3]
0.35% more ownership
Funds ownership: 44.24% [Q2] → 44.59% (+0.35%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$71
28%
upside
Avg. target
$71
28%
upside
High target
$71
28%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Piper Sandler Mark Fitzgibbon 67% 1-year accuracy 10 / 15 met price target | 28%upside $71 | Overweight Maintained | 13 Dec 2024 |
Financial journalist opinion
Based on 3 articles about OBT published over the past 30 days
Neutral
Zacks Investment Research
3 weeks ago
The Zacks Analyst Blog Matthews International, ZIM Integrated Shipping, Quanta Services and Orange County Bancorp
Matthews International, ZIM Integrated Shipping, Quanta Services and Orange County Bancorpare included in this Analyst Blog.
Neutral
Zacks Investment Research
4 weeks ago
4 Stocks to Keep an Eye On Following Recently Declared Dividend Hikes
MATW, ZIM, PWR and OBT recently announced dividend hikes.
Positive
Zacks Investment Research
4 weeks ago
Orange County Bancorp Rewards Shareholders With 8.7% Dividend Hike
OBT hikes its dividend by 8.7% to 25 cents. Given the strong liquidity position, the payout seems sustainable.
Neutral
GlobeNewsWire
1 month ago
Orange County Bancorp, Inc. Declares Cash Dividend
MIDDLETOWN, N.Y., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Orange County Bancorp, Inc. (Nasdaq: OBT), parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. today announced a $0.02 increase and a declaration of a $0.25 cash dividend per share of its common stock. The dividend will be paid on December 16, 2024 to shareholders of record on December 4, 2024.
Negative
Zacks Investment Research
1 month ago
Orange County Bancorp, Inc. (OBT) Q3 Earnings Lag Estimates
Orange County Bancorp, Inc. (OBT) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.61 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Orange County Bancorp, Inc. Announces Third Quarter 2024 results:
MIDDLETOWN, N.Y., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Orange County Bancorp, Inc. (the “Company” - Nasdaq: OBT), parent company of Orange Bank & Trust Co. (the “Bank”) and Hudson Valley Investment Advisors, Inc. (“HVIA”), today announced net income of $3.2 million, or $0.57 per basic and diluted share, for the three months ended September 30, 2024. This compares with net income of $9.0 million, or $1.61 per basic and diluted share, for the three months ended September 30, 2023. The decrease in earnings per share, basic and diluted, was due primarily to increases in the provision for credit losses and non-interest expense offset by increases in net interest income and non-interest income during the current period. For the nine months ended September 30, 2024, net income was $20.7 million, or $3.67 per basic and diluted share, as compared to $21.4 million, or $3.79 per basic and diluted share, for the nine months ended September 30, 2023.
Neutral
Accesswire
3 months ago
Orange County Bancorp, Inc. Announces the Appointment of Jon Schiller to the Board of Directors
MIDDLETOWN, NY / ACCESSWIRE / September 25, 2024 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announced today the appointment of Jonathan Schiller, RPh, MBA, to the Company's and the Bank's Boards of Directors effective October 1, 2024. "Jon is a proven business leader and entrepreneur with a unique background comprised of scientific and analytic experience.
Positive
Zacks Investment Research
3 months ago
Best Momentum Stocks to Buy for September 25th
OBT, AFRM and FINW made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 25, 2024.
Positive
Zacks Investment Research
3 months ago
New Strong Buy Stocks for September 25th
SKM, OBT, AFRM, CNK and AU have been added to the Zacks Rank #1 (Strong Buy) List on September 25, 2024.
Positive
Zacks Investment Research
3 months ago
Best Value Stocks to Buy for September 25th
KT, OBT and CNK made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 25, 2024.
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