Orrstown Financial Services (ORRF) Financials

$26.95 +0.22 (+0.82%)

Closing price 04/17/2025 04:00 PM Eastern

Extended Trading

$26.96 +0.00 (+0.02%)

As of 04/17/2025 04:07 PM Eastern

Annual Income Statements for Orrstown Financial Services

This table shows Orrstown Financial Services' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	22	36	22
Consolidated Net Income / (Loss)	22	36	22
Net Income / (Loss) Continuing Operations	22	36	22
Total Pre-Tax Income	27	45	28
Total Revenue	127	131	193
Net Interest Income / (Expense)	100	105	155
Total Interest Income	109	150	249
Loans and Leases Interest Income	94	127	210
Investment Securities Interest Income	15	23	39
Total Interest Expense	9.02	45	94
Deposits Interest Expense	6.34	38	84
Short-Term Borrowings Interest Expense	0.04	0.11	0.22
Long-Term Debt Interest Expense	2.64	7.37	9.23
Total Non-Interest Income	27	26	37
Trust Fees by Commissions	3.62	3.65	4.85
Service Charges on Deposit Accounts	3.83	3.95	5.33
Other Service Charges	5.23	3.46	4.55
Net Realized & Unrealized Capital Gains on Investments	-0.16	-0.05	0.25
Investment Banking Income	7.63	7.69	12
Other Non-Interest Income	6.80	6.95	11
Provision for Credit Losses	4.19	1.68	17
Total Non-Interest Expense	96	84	148
Salaries and Employee Benefits	48	51	77
Net Occupancy & Equipment Expense	14	15	21
Marketing Expense	2.26	2.16	2.59
Property & Liability Insurance Claims	14	1.96	3.16
Other Operating Expenses	13	12	17
Amortization Expense	1.11	0.95	5.74
Restructuring Charge	3.16	1.06	23
Income Tax Expense	4.58	9.37	5.76
Basic Earnings per Share	$2.09	$3.45	$1.49
Weighted Average Basic Shares Outstanding	10.73M	10.71M	19.51M
Diluted Earnings per Share	$2.06	$3.42	$1.48
Weighted Average Diluted Shares Outstanding	10.73M	10.71M	19.51M
Weighted Average Basic & Diluted Shares Outstanding	10.73M	10.71M	19.51M
Cash Dividends to Common per Share	$0.76	$0.80	$0.86

This table shows Orrstown Financial Services' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-4.83	9.63	9.16	9.84	9.03	7.64	8.53	7.74	-7.90	14
Consolidated Net Income / (Loss)	-4.83	9.63	9.16	9.84	9.03	7.64	8.53	7.74	-7.90	14
Net Income / (Loss) Continuing Operations	-4.83	9.63	9.16	9.84	9.03	7.64	8.53	7.74	-7.90	14
Total Pre-Tax Income	-6.40	12	11	12	12	9.70	11	9.82	-9.90	17
Total Revenue	32	34	32	34	32	33	34	33	64	62
Net Interest Income / (Expense)	25	27	26	26	26	26	27	26	52	51
Total Interest Income	27	32	34	37	39	40	43	43	83	80
Loans and Leases Interest Income	23	27	29	31	33	34	36	36	71	68
Investment Securities Interest Income	4.27	5.12	5.53	5.70	5.95	6.12	6.42	7.74	12	12
Total Interest Expense	1.96	4.61	7.98	11	12	14	16	17	31	29
Deposits Interest Expense	1.37	3.58	6.20	8.61	11	12	14	15	29	27
Short-Term Borrowings Interest Expense	0.01	0.02	0.03	0.03	0.03	0.03	0.03	0.03	0.10	0.07
Long-Term Debt Interest Expense	0.58	1.01	1.76	1.89	1.86	1.86	2.23	1.89	2.59	2.53
Total Non-Interest Income	6.06	6.23	6.08	7.16	5.93	6.49	6.63	7.17	12	11
Trust Fees by Commissions	0.95	0.76	0.86	0.90	0.97	0.92	1.08	1.18	1.28	1.32
Service Charges on Deposit Accounts	0.98	0.97	0.96	0.98	1.02	0.98	1.01	1.02	1.80	1.50
Other Service Charges	1.56	-0.29	0.34	1.60	0.64	0.88	0.53	0.88	1.72	1.43
Net Realized & Unrealized Capital Gains on Investments	-0.01	0.00	-0.01	-0.00	0.00	-0.04	-0.01	-0.01	0.27	-0.01
Investment Banking Income	2.01	1.78	1.89	1.93	1.85	2.02	2.02	2.13	3.76	3.59
Other Non-Interest Income	0.58	3.01	2.03	1.75	1.44	1.72	2.00	1.98	3.56	3.42
Provision for Credit Losses	1.50	0.61	0.73	0.40	0.14	0.42	0.30	0.81	14	1.76
Total Non-Interest Expense	36	21	20	21	20	22	22	23	60	43
Salaries and Employee Benefits	13	13	12	13	13	13	14	13	27	22
Net Occupancy & Equipment Expense	3.57	3.59	3.55	3.47	3.71	3.78	3.90	3.94	6.38	6.43
Marketing Expense	0.28	0.75	0.41	0.92	0.33	0.50	0.40	0.77	0.54	0.88
Property & Liability Insurance Claims	13	0.32	0.50	0.52	0.48	0.46	0.44	0.42	0.86	1.43
Other Operating Expenses	3.14	3.64	3.35	2.55	2.82	3.51	3.08	2.96	5.63	4.98
Amortization Expense	0.27	0.26	0.25	0.24	0.23	0.24	0.23	0.22	2.46	2.84
Restructuring Charge	3.16	-	0.00	0.00	0.00	1.06	0.67	1.14	17	3.93
Income Tax Expense	-1.57	2.26	2.23	2.55	2.54	2.06	2.21	2.09	-1.99	3.45
Basic Earnings per Share	($0.47)	$0.95	$0.88	$0.95	$0.87	$0.75	$0.82	$0.74	($0.41)	$0.34
Weighted Average Basic Shares Outstanding	10.68M	10.73M	10.66M	10.61M	10.61M	10.71M	10.72M	19.37M	19.39M	19.51M
Diluted Earnings per Share	($0.47)	$0.94	$0.87	$0.94	$0.87	$0.74	$0.81	$0.73	($0.41)	$0.35
Weighted Average Diluted Shares Outstanding	10.68M	10.73M	10.66M	10.61M	10.61M	10.71M	10.72M	19.37M	19.39M	19.51M
Weighted Average Basic & Diluted Shares Outstanding	10.68M	10.73M	10.66M	10.61M	10.61M	10.71M	10.72M	19.37M	19.39M	19.51M
Cash Dividends to Common per Share	$0.19	$0.19	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.23	$0.23

This table details how cash moves in and out of Orrstown Financial Services' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-148	4.34	184
Net Cash From Operating Activities	36	44	35
Net Cash From Continuing Operating Activities	36	44	35
Net Income / (Loss) Continuing Operations	22	36	22
Consolidated Net Income / (Loss)	22	36	22
Provision For Loan Losses	17	1.68	17
Depreciation Expense	4.62	4.34	9.69
Amortization Expense	1.89	2.04	-13
Non-Cash Adjustments to Reconcile Net Income	65	22	48
Changes in Operating Assets and Liabilities, net	-75	-22	-49
Net Cash From Investing Activities	-271	-153	61
Net Cash From Continuing Investing Activities	-271	-153	61
Purchase of Property, Leasehold Improvements and Equipment	-0.90	-2.29	-1.58
Acquisitions	0.00	-18	0.00
Purchase of Investment Securities	-358	-48	-248
Divestitures	0.00	0.00	45
Sale and/or Maturity of Investments	87	-85	265
Net Cash From Financing Activities	87	114	88
Net Cash From Continuing Financing Activities	87	114	88
Net Change in Deposits	11	101	117
Issuance of Debt	0.00	25	0.00
Issuance of Common Equity	0.13	0.14	0.27
Repayment of Debt	98	-1.46	-14
Repurchase of Common Equity	-14	-2.59	0.00
Payment of Dividends	-8.26	-8.49	-13
Other Financing Activities, Net	-0.29	-0.38	-1.85
Cash Interest Paid	8.72	43	93
Cash Income Taxes Paid	4.90	7.45	9.63

This table details how cash moves in and out of Orrstown Financial Services' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-45	-6.10	38	-22	19	-30	118	-50	104	12
Net Cash From Operating Activities	12	-1.57	5.41	16	8.35	14	13	6.43	7.50	8.36
Net Cash From Continuing Operating Activities	12	-1.59	5.41	16	8.35	14	13	6.43	7.50	8.36
Net Income / (Loss) Continuing Operations	-4.83	9.63	9.16	9.84	9.03	7.64	8.53	7.74	-7.90	14
Consolidated Net Income / (Loss)	-4.83	9.63	9.16	9.84	9.03	7.64	8.53	7.74	-7.90	14
Provision For Loan Losses	15	0.59	0.73	0.40	0.14	0.42	0.30	0.81	14	2.23
Depreciation Expense	1.16	1.08	1.06	1.05	1.08	1.15	1.07	1.06	3.66	3.90
Amortization Expense	0.78	0.57	0.44	0.54	0.56	0.51	0.45	0.39	-6.36	-7.00
Non-Cash Adjustments to Reconcile Net Income	14	-3.10	9.13	4.00	4.73	4.60	13	7.92	17	9.71
Changes in Operating Assets and Liabilities, net	-13	-10	-15	0.42	-7.18	-0.62	-11	-11	-12	-14
Net Cash From Investing Activities	-79	-73	-57	-37	-34	-26	-9.38	-64	102	32
Net Cash From Continuing Investing Activities	-79	-73	-57	-37	-34	-26	-9.38	-64	102	32
Purchase of Property, Leasehold Improvements and Equipment	-0.33	-0.09	-0.25	-1.26	-0.27	-0.52	-0.06	-0.04	-0.36	-1.12
Purchase of Investment Securities	-88	-109	-66	-28	-65	110	-28	-77	-133	-9.71
Sale and/or Maturity of Investments	9.26	35	9.24	10	31	-136	19	13	190	43
Net Cash From Financing Activities	22	69	89	-1.55	44	-18	114	7.29	-5.19	-29
Net Cash From Continuing Financing Activities	22	69	89	-1.55	44	-18	114	7.29	-5.19	-29
Net Change in Deposits	27	-30	39	26	23	12	137	6.93	1.33	-29
Repayment of Debt	-0.11	99	-0.11	-11	23	-13	0.00	-18	-0.64	3.93
Payment of Dividends	-2.03	-2.02	-2.13	-2.12	-2.12	-2.12	-2.12	-2.14	-4.46	-4.46
Other Financing Activities, Net	-0.03	-0.02	-0.38	-	-	-	-0.64	-0.03	-1.61	0.43
Cash Interest Paid	1.52	4.80	7.05	11	12	13	16	17	30	30
Cash Income Taxes Paid	1.68	1.50	-	-	2.80	2.70	-	-	2.20	2.80

This table presents Orrstown Financial Services' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	2,922	3,064	5,442
Cash and Due from Banks	28	33	51
Interest Bearing Deposits at Other Banks	32	33	198
Trading Account Securities	514	514	830
Loans and Leases, Net of Allowance	2,126	2,270	3,883
Loans and Leases	2,151	2,298	3,931
Allowance for Loan and Lease Losses	25	29	49
Loans Held for Sale	11	5.82	6.61
Premises and Equipment, Net	29	29	50
Goodwill	19	19	68
Intangible Assets	3.08	2.41	48
Other Assets	160	160	308
Total Liabilities & Shareholders' Equity	2,922	3,064	5,442
Total Liabilities	2,694	2,799	4,925
Non-Interest Bearing Deposits	494	431	894
Interest Bearing Deposits	1,982	2,128	3,729
Federal Funds Purchased and Securities Sold	17	9.79	26
Long-Term Debt	138	170	184
Other Long-Term Liabilities	62	61	92
Total Equity & Noncontrolling Interests	229	265	517
Total Preferred & Common Equity	229	265	517
Preferred Stock	0.00	0.00	0.00
Total Common Equity	229	265	517
Common Stock	190	190	424
Retained Earnings	92	118	127
Treasury Stock	-14	-14	-7.84
Accumulated Other Comprehensive Income / (Loss)	-40	-28	-26

This table presents Orrstown Financial Services' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,852	3,012	3,008	3,054	3,183	3,199	5,471
Cash and Due from Banks	34	28	32	35	24	36	65
Interest Bearing Deposits at Other Banks	32	71	44	60	159	97	172
Trading Account Securities	504	520	509	495	515	529	827
Loans and Leases, Net of Allowance	-25	2,179	2,206	2,239	2,274	2,318	3,932
Loans and Leases	-	2,208	2,234	2,267	2,303	2,348	3,981
Allowance for Loan and Lease Losses	25	28	28	28	29	30	50
Loans Held for Sale	10	7.34	6.45	6.45	0.54	1.56	3.56
Premises and Equipment, Net	31	29	30	29	29	28	50
Goodwill	19	19	19	19	19	19	71
Intangible Assets	3.34	2.83	2.59	2.65	2.19	1.97	46
Other Assets	2,243	2,335	160	169	161	169	305
Total Liabilities & Shareholders' Equity	2,852	3,012	3,008	3,054	3,183	3,199	5,471
Total Liabilities	2,635	2,771	2,763	2,811	2,912	2,920	4,954
Non-Interest Bearing Deposits	562	489	466	435	419	425	815
Interest Bearing Deposits	1,944	2,027	2,057	2,111	2,277	2,278	3,835
Federal Funds Purchased and Securities Sold	-	14	16	18	12	15	22
Long-Term Debt	34	194	169	189	147	147	184
Other Long-Term Liabilities	74	47	55	58	56	56	98
Commitments & Contingencies	-	-	-	-	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	217	240	246	243	272	278	516
Total Preferred & Common Equity	217	240	246	243	272	278	516
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	217	240	246	243	272	278	516
Common Stock	189	188	188	189	188	188	423
Retained Earnings	85	98	105	112	124	130	117
Treasury Stock	-13	-13	-14	-14	-12	-11	-8.42
Accumulated Other Comprehensive Income / (Loss)	-43	-33	-34	-44	-29	-28	-16

This table displays calculated financial ratios and metrics derived from Orrstown Financial Services' official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	9.00%	3.14%	47.59%
EBITDA Growth	-27.61%	55.19%	-51.43%
EBIT Growth	-34.92%	69.20%	-38.25%
NOPAT Growth	-32.98%	61.83%	-38.17%
Net Income Growth	-32.98%	61.83%	-38.17%
EPS Growth	-30.41%	66.02%	-56.73%
Operating Cash Flow Growth	-11.32%	20.75%	-20.00%
Free Cash Flow Firm Growth	-127.14%	-96.97%	-664.38%
Invested Capital Growth	11.63%	18.41%	61.22%
Revenue Q/Q Growth	3.11%	-0.91%	17.94%
EBITDA Q/Q Growth	11.82%	-4.10%	12.04%
EBIT Q/Q Growth	14.59%	-4.64%	36.50%
NOPAT Q/Q Growth	15.27%	-5.27%	37.74%
Net Income Q/Q Growth	15.27%	-5.27%	37.74%
EPS Q/Q Growth	19.77%	-5.52%	-20.86%
Operating Cash Flow Q/Q Growth	-25.15%	53.67%	-13.24%
Free Cash Flow Firm Q/Q Growth	-120.99%	73.99%	3.04%
Invested Capital Q/Q Growth	34.94%	0.52%	0.09%
Profitability Metrics	-	-	-
EBITDA Margin	26.17%	39.38%	12.96%
EBIT Margin	21.03%	34.49%	14.43%
Profit (Net Income) Margin	17.41%	27.32%	11.44%
Tax Burden Percent	82.80%	79.19%	79.30%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	17.20%	20.81%	20.70%
Return on Invested Capital (ROIC)	6.33%	8.90%	3.88%
ROIC Less NNEP Spread (ROIC-NNEP)	6.33%	8.90%	3.88%
Return on Net Nonoperating Assets (RNNOA)	2.47%	5.54%	1.76%
Return on Equity (ROE)	8.81%	14.44%	5.64%
Cash Return on Invested Capital (CROIC)	-4.66%	-7.96%	-42.99%
Operating Return on Assets (OROA)	0.92%	1.50%	0.65%
Return on Assets (ROA)	0.77%	1.19%	0.52%
Return on Common Equity (ROCE)	8.81%	14.44%	5.64%
Return on Equity Simple (ROE_SIMPLE)	9.63%	13.45%	4.27%
Net Operating Profit after Tax (NOPAT)	22	36	22
NOPAT Margin	17.41%	27.32%	11.44%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	51.07%	51.81%	51.81%
Operating Expenses to Revenue	75.66%	64.22%	76.98%
Earnings before Interest and Taxes (EBIT)	27	45	28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	33	51	25
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.00	1.14	1.36
Price to Tangible Book Value (P/TBV)	1.11	1.24	1.76
Price to Revenue (P/Rev)	1.81	2.31	3.66
Price to Earnings (P/E)	10.42	8.47	31.94
Dividend Yield	3.53%	2.81%	2.37%
Earnings Yield	9.60%	11.81%	3.13%
Enterprise Value to Invested Capital (EV/IC)	0.84	0.94	0.91
Enterprise Value to Revenue (EV/Rev)	2.43	3.11	3.32
Enterprise Value to EBITDA (EV/EBITDA)	9.27	7.91	25.61
Enterprise Value to EBIT (EV/EBIT)	11.53	9.03	23.00
Enterprise Value to NOPAT (EV/NOPAT)	13.93	11.40	29.00
Enterprise Value to Operating Cash Flow (EV/OCF)	8.48	9.30	18.29
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.60	0.64	0.36
Long-Term Debt to Equity	0.60	0.64	0.36
Financial Leverage	0.39	0.62	0.45
Leverage Ratio	11.50	12.12	10.88
Compound Leverage Factor	11.50	12.12	10.88
Debt to Total Capital	37.64%	39.02%	26.26%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	37.64%	39.02%	26.26%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.36%	60.98%	73.74%
Debt to EBITDA	4.17	3.30	7.37
Net Debt to EBITDA	2.33	2.03	-2.60
Long-Term Debt to EBITDA	4.17	3.30	7.37
Debt to NOPAT	6.27	4.76	8.35
Net Debt to NOPAT	3.51	2.93	-2.94
Long-Term Debt to NOPAT	6.27	4.76	8.35
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-16	-32	-244
Operating Cash Flow to CapEx	4,043.80%	1,905.84%	2,209.80%
Free Cash Flow to Firm to Interest Expense	-1.80	-0.71	-2.60
Operating Cash Flow to Interest Expense	4.01	0.97	0.37
Operating Cash Flow Less CapEx to Interest Expense	3.91	0.92	0.36
Efficiency Ratios	-	-	-
Asset Turnover	0.04	0.04	0.05
Fixed Asset Turnover	3.99	4.45	4.84
Capital & Investment Metrics	-	-	-
Invested Capital	367	435	701
Invested Capital Turnover	0.36	0.33	0.34
Increase / (Decrease) in Invested Capital	38	68	266
Enterprise Value (EV)	307	406	639
Market Capitalization	230	302	704
Book Value per Share	$21.44	$24.97	$26.65
Tangible Book Value per Share	$19.40	$22.98	$20.68
Total Capital	367	435	701
Total Debt	138	170	184
Total Long-Term Debt	138	170	184
Net Debt	77	104	-65
Capital Expenditures (CapEx)	0.90	2.29	1.58
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	138	170	184
Total Depreciation and Amortization (D&A)	6.51	6.38	-2.83
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$2.09	$3.45	$1.49
Adjusted Weighted Average Basic Shares Outstanding	10.73M	10.71M	19.51M
Adjusted Diluted Earnings per Share	$2.06	$3.42	$1.48
Adjusted Weighted Average Diluted Shares Outstanding	10.73M	10.71M	19.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	10.73M	10.71M	19.51M
Normalized Net Operating Profit after Tax (NOPAT)	25	37	40
Normalized NOPAT Margin	19.47%	27.96%	20.90%
Pre Tax Income Margin	21.03%	34.49%	14.43%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	2.95	1.00	0.30
NOPAT to Interest Expense	2.44	0.79	0.24
EBIT Less CapEx to Interest Expense	2.85	0.95	0.28
NOPAT Less CapEx to Interest Expense	2.34	0.74	0.22
Payout Ratios	-	-	-
Dividend Payout Ratio	37.50%	23.79%	59.76%
Augmented Payout Ratio	101.81%	31.04%	59.76%

This table displays calculated financial ratios and metrics derived from Orrstown Financial Services' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.47%	12.78%	7.74%	7.09%	2.00%	-3.56%	3.52%	-0.77%	99.36%	90.16%
EBITDA Growth	-143.24%	34.85%	10.57%	12.85%	395.90%	-16.21%	-4.86%	-19.31%	-195.49%	23.65%
EBIT Growth	-172.13%	39.85%	9.68%	15.28%	280.67%	-18.42%	-5.66%	-20.68%	-185.61%	76.67%
NOPAT Growth	-162.28%	43.54%	9.42%	10.90%	301.50%	-20.60%	-6.83%	-21.35%	-176.75%	79.04%
Net Income Growth	-167.13%	43.54%	9.42%	10.90%	286.95%	-20.60%	-6.83%	-21.35%	-187.56%	79.04%
EPS Growth	-172.31%	56.67%	14.47%	13.25%	285.11%	-21.28%	-6.90%	-22.34%	-147.13%	-52.70%
Operating Cash Flow Growth	20.11%	-114.78%	-18.49%	-12.91%	-33.03%	974.58%	134.02%	-60.39%	-10.22%	-38.96%
Free Cash Flow Firm Growth	-62.41%	-185.29%	-280.13%	-218.64%	-382.31%	-109.46%	121.63%	96.94%	-81.43%	-321.04%
Invested Capital Growth	-17.60%	11.63%	38.74%	40.25%	58.96%	18.41%	-3.62%	2.67%	61.91%	61.22%
Revenue Q/Q Growth	0.64%	6.97%	-3.97%	3.59%	-4.14%	1.14%	3.08%	-0.70%	92.59%	-3.53%
EBITDA Q/Q Growth	-136.02%	403.74%	-4.83%	8.37%	-5.55%	-13.99%	8.06%	-8.09%	-211.78%	211.37%
EBIT Q/Q Growth	-159.56%	285.79%	-4.21%	8.75%	-6.65%	-16.11%	10.77%	-8.56%	-200.74%	273.13%
NOPAT Q/Q Growth	-150.49%	314.90%	-4.88%	7.45%	-8.25%	-15.32%	11.62%	-9.30%	-189.53%	297.52%
Net Income Q/Q Growth	-154.42%	299.38%	-4.88%	7.45%	-8.25%	-15.32%	11.62%	-9.30%	-202.13%	273.15%
EPS Q/Q Growth	-156.63%	300.00%	-7.45%	8.05%	-7.45%	-14.94%	9.46%	-9.88%	-156.16%	185.37%
Operating Cash Flow Q/Q Growth	-33.15%	-112.56%	445.72%	200.00%	-48.60%	64.04%	-7.49%	-49.23%	16.52%	11.53%
Free Cash Flow Firm Q/Q Growth	-41.70%	-153.38%	-291.97%	2.74%	-38.73%	60.40%	140.48%	-113.76%	-8,124.50%	8.09%
Invested Capital Q/Q Growth	-7.94%	34.94%	18.38%	-4.63%	4.34%	0.52%	-3.65%	1.60%	64.53%	0.09%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	-14.15%	40.19%	39.83%	41.67%	41.06%	34.92%	36.60%	33.88%	-19.67%	22.70%
EBIT Margin	-20.31%	35.27%	35.18%	36.93%	35.97%	29.83%	32.06%	29.52%	-15.44%	27.72%
Profit (Net Income) Margin	-15.32%	28.56%	28.28%	29.34%	28.08%	23.51%	25.46%	23.25%	-12.33%	22.14%
Tax Burden Percent	75.45%	80.97%	80.40%	79.43%	78.07%	78.80%	79.40%	78.77%	79.85%	79.86%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	19.03%	19.60%	20.57%	21.93%	21.20%	20.60%	21.23%	0.00%	20.14%
Return on Invested Capital (ROIC)	-5.80%	10.39%	9.75%	10.84%	10.50%	7.66%	7.86%	7.28%	-3.12%	7.51%
ROIC Less NNEP Spread (ROIC-NNEP)	-6.40%	10.39%	9.75%	10.84%	10.50%	7.66%	7.86%	7.28%	-3.64%	7.51%
Return on Net Nonoperating Assets (RNNOA)	-1.53%	4.05%	4.98%	5.09%	5.57%	4.77%	5.24%	4.39%	-1.79%	3.40%
Return on Equity (ROE)	-7.33%	14.44%	14.73%	15.92%	16.07%	12.43%	13.10%	11.67%	-4.91%	10.91%
Cash Return on Invested Capital (CROIC)	25.65%	-4.66%	-26.35%	-26.81%	-34.85%	-7.96%	11.90%	5.21%	-44.45%	-42.99%
Operating Return on Assets (OROA)	-0.87%	1.55%	1.53%	1.66%	1.60%	1.30%	1.36%	1.25%	-0.59%	1.26%
Return on Assets (ROA)	-0.66%	1.26%	1.23%	1.32%	1.25%	1.03%	1.08%	0.98%	-0.47%	1.00%
Return on Common Equity (ROCE)	-7.33%	14.44%	14.73%	15.92%	16.07%	12.43%	13.10%	11.67%	-4.91%	10.91%
Return on Equity Simple (ROE_SIMPLE)	8.79%	0.00%	9.50%	9.69%	15.49%	0.00%	12.90%	11.83%	3.10%	0.00%
Net Operating Profit after Tax (NOPAT)	-4.48	9.63	9.16	9.84	9.03	7.64	8.53	7.74	-6.93	14
NOPAT Margin	-14.21%	28.56%	28.28%	29.34%	28.08%	23.51%	25.46%	23.25%	-10.81%	22.14%
Net Nonoperating Expense Percent (NNEP)	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.52%	0.00%
SG&A Expenses to Revenue	52.53%	50.41%	49.89%	52.01%	52.65%	52.69%	53.87%	53.83%	53.22%	48.13%
Operating Expenses to Revenue	115.55%	62.91%	62.57%	61.88%	63.61%	68.88%	67.05%	68.04%	94.10%	69.44%
Earnings before Interest and Taxes (EBIT)	-6.40	12	11	12	12	9.70	11	9.82	-9.90	17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-4.46	14	13	14	13	11	12	11	-13	14
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.10	1.00	0.84	0.80	0.88	1.14	1.04	1.05	1.34	1.36
Price to Tangible Book Value (P/TBV)	1.22	1.11	0.93	0.87	0.97	1.24	1.13	1.13	1.73	1.76
Price to Revenue (P/Rev)	1.94	1.81	1.57	1.50	1.63	2.31	2.14	2.22	4.24	3.66
Price to Earnings (P/E)	12.49	10.42	8.86	8.25	5.71	8.47	8.06	8.84	43.24	31.94
Dividend Yield	3.40%	3.53%	4.08%	4.24%	3.90%	2.81%	3.03%	2.95%	2.32%	2.37%
Earnings Yield	8.01%	9.60%	11.29%	12.13%	17.53%	11.81%	12.41%	11.31%	2.31%	3.13%
Enterprise Value to Invested Capital (EV/IC)	0.83	0.84	0.69	0.70	0.72	0.94	0.59	0.72	0.91	0.91
Enterprise Value to Revenue (EV/Rev)	1.84	2.43	2.31	2.20	2.35	3.11	1.87	2.33	3.91	3.32
Enterprise Value to EBITDA (EV/EBITDA)	7.64	9.27	8.68	8.03	5.77	7.91	4.86	6.36	28.69	25.61
Enterprise Value to EBIT (EV/EBIT)	9.75	11.53	10.80	9.86	6.55	9.03	5.56	7.31	31.39	23.00
Enterprise Value to NOPAT (EV/NOPAT)	11.84	13.93	13.07	12.13	8.21	11.40	7.04	9.28	39.94	29.00
Enterprise Value to Operating Cash Flow (EV/OCF)	4.68	8.48	8.53	8.87	10.87	9.30	4.84	7.43	15.87	18.29
Enterprise Value to Free Cash Flow (EV/FCFF)	2.93	0.00	0.00	0.00	0.00	0.00	4.86	13.99	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.25	0.60	0.81	0.69	0.78	0.64	0.54	0.53	0.36	0.36
Long-Term Debt to Equity	0.15	0.60	0.81	0.69	0.78	0.64	0.54	0.53	0.36	0.36
Financial Leverage	0.24	0.39	0.51	0.47	0.53	0.62	0.67	0.60	0.49	0.45
Leverage Ratio	11.78	11.50	11.94	12.07	12.83	12.12	12.10	11.85	11.23	10.88
Compound Leverage Factor	11.78	11.50	11.94	12.07	12.83	12.12	12.10	11.85	11.23	10.88
Debt to Total Capital	20.09%	37.64%	44.73%	40.73%	43.78%	39.02%	35.13%	34.58%	26.27%	26.26%
Short-Term Debt to Total Capital	7.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	12.34%	37.64%	44.73%	40.73%	43.78%	39.02%	35.13%	34.58%	26.27%	26.26%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	79.91%	62.36%	55.27%	59.27%	56.22%	60.98%	64.87%	65.42%	73.73%	73.74%
Debt to EBITDA	1.84	4.17	5.66	4.69	3.53	3.30	2.90	3.06	8.25	7.37
Net Debt to EBITDA	-0.41	2.33	2.80	2.57	1.76	2.03	-0.70	0.30	-2.37	-2.60
Long-Term Debt to EBITDA	1.13	4.17	5.66	4.69	3.53	3.30	2.90	3.06	8.25	7.37
Debt to NOPAT	2.86	6.27	8.52	7.09	5.03	4.76	4.20	4.47	11.49	8.35
Net Debt to NOPAT	-0.64	3.51	4.21	3.89	2.51	2.93	-1.02	0.44	-3.30	-2.94
Long-Term Debt to NOPAT	1.76	6.27	8.52	7.09	5.03	4.76	4.20	4.47	11.49	8.35
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	54	-29	-112	-109	-151	-60	24	-3.34	-275	-252
Operating Cash Flow to CapEx	3,743.84%	-1,740.00%	2,183.06%	1,292.12%	3,138.72%	2,623.75%	20,111.11%	17,386.49%	2,065.01%	747.10%
Free Cash Flow to Firm to Interest Expense	27.30	-6.21	-14.05	-10.37	-12.14	-4.28	1.54	-0.19	-8.78	-8.57
Operating Cash Flow to Interest Expense	6.35	-0.34	0.68	1.54	0.67	0.98	0.80	0.37	0.24	0.28
Operating Cash Flow Less CapEx to Interest Expense	6.18	-0.36	0.65	1.42	0.65	0.94	0.80	0.37	0.23	0.25
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.05	0.04	0.04	0.04	0.04	0.04	0.05
Fixed Asset Turnover	3.74	3.99	4.10	4.16	4.33	4.45	4.54	4.52	4.12	4.84
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	272	367	435	414	432	435	419	426	700	701
Invested Capital Turnover	0.41	0.36	0.34	0.37	0.37	0.33	0.31	0.31	0.29	0.34
Increase / (Decrease) in Invested Capital	-58	38	121	119	160	68	-16	11	268	266
Enterprise Value (EV)	226	307	298	289	309	406	247	306	639	639
Market Capitalization	239	230	202	196	215	302	282	291	692	704
Book Value per Share	$20.36	$21.44	$22.39	$23.05	$22.91	$24.97	$25.38	$25.97	$26.65	$26.65
Tangible Book Value per Share	$18.30	$19.40	$20.38	$21.05	$20.89	$22.98	$23.43	$24.04	$20.62	$20.68
Total Capital	272	367	435	414	432	435	419	426	700	701
Total Debt	55	138	194	169	189	170	147	147	184	184
Total Long-Term Debt	34	138	194	169	189	170	147	147	184	184
Net Debt	-12	77	96	92	94	104	-36	15	-53	-65
Capital Expenditures (CapEx)	0.33	0.09	0.25	1.26	0.27	0.52	0.06	0.04	0.36	1.12
Net Nonoperating Expense (NNE)	0.35	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.98	0.00
Net Nonoperating Obligations (NNO)	55	138	194	169	189	170	147	147	184	184
Total Depreciation and Amortization (D&A)	1.94	1.66	1.51	1.59	1.64	1.65	1.52	1.45	-2.71	-3.10
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.47)	$0.95	$0.88	$0.95	$0.87	$0.75	$0.82	$0.74	($0.41)	$0.34
Adjusted Weighted Average Basic Shares Outstanding	10.68M	10.73M	10.66M	10.61M	10.61M	10.71M	10.72M	19.37M	19.39M	19.51M
Adjusted Diluted Earnings per Share	($0.47)	$0.94	$0.87	$0.94	$0.87	$0.74	$0.81	$0.73	($0.41)	$0.35
Adjusted Weighted Average Diluted Shares Outstanding	10.68M	10.73M	10.66M	10.61M	10.61M	10.71M	10.72M	19.37M	19.39M	19.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	10.68M	10.73M	10.66M	10.61M	10.61M	10.71M	10.72M	19.37M	19.39M	19.51M
Normalized Net Operating Profit after Tax (NOPAT)	-2.27	9.63	9.16	9.84	9.03	8.48	9.06	8.63	5.14	17
Normalized NOPAT Margin	-7.21%	28.56%	28.28%	29.34%	28.08%	26.08%	27.05%	25.94%	8.01%	27.21%
Pre Tax Income Margin	-20.31%	35.27%	35.18%	36.93%	35.97%	29.83%	32.06%	29.52%	-15.44%	27.72%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-3.26	2.58	1.43	1.18	0.93	0.69	0.68	0.57	-0.32	0.58
NOPAT to Interest Expense	-2.28	2.09	1.15	0.93	0.72	0.55	0.54	0.45	-0.22	0.46
EBIT Less CapEx to Interest Expense	-3.43	2.56	1.40	1.06	0.91	0.66	0.68	0.57	-0.33	0.54
NOPAT Less CapEx to Interest Expense	-2.45	2.07	1.12	0.82	0.70	0.51	0.54	0.45	-0.23	0.43
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	43.79%	37.50%	36.21%	34.85%	22.27%	23.79%	24.21%	25.83%	67.72%	59.76%
Augmented Payout Ratio	121.50%	101.81%	85.20%	46.18%	29.43%	31.04%	28.23%	25.85%	67.76%	59.76%

Frequently Asked Questions About Orrstown Financial Services' Financials

When does Orrstown Financial Services's financial year end?

According to the most recent income statement we have on file, Orrstown Financial Services' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Orrstown Financial Services' net income changed over the last 2 years?

The last 5 years of Orrstown Financial Services' net income performance:

2022: $22.04 million
2023: $35.66 million
2024: $22.05 million

How has Orrstown Financial Services revenue changed over the last 2 years?

Over the last 2 years, Orrstown Financial Services' total revenue changed from $126.58 million in 2022 to $192.69 million in 2024, a change of 52.2%.

How much debt does Orrstown Financial Services have?

Orrstown Financial Services' total liabilities were at $4.92 billion at the end of 2024, a 75.9% increase from 2023, and a 82.8% increase since 2022.

How much cash does Orrstown Financial Services have?

In the past 2 years, Orrstown Financial Services' cash and equivalents has ranged from $28.48 million in 2022 to $51.03 million in 2024, and is currently $51.03 million as of their latest financial filing in 2024.

How has Orrstown Financial Services' book value per share changed over the last 2 years?

Over the last 2 years, Orrstown Financial Services' book value per share changed from 21.44 in 2022 to 26.65 in 2024, a change of 24.3%.

Related Companies

This page (NASDAQ:ORRF) was last updated on 4/19/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Orrstown Financial Services (ORRF) Financials

Frequently Asked Questions About Orrstown Financial Services' Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Orrstown Financial Services (ORRF) Financials

Annual Income Statements for Orrstown Financial Services

Quarterly Income Statements for Orrstown Financial Services

Annual Cash Flow Statements for Orrstown Financial Services

Quarterly Cash Flow Statements for Orrstown Financial Services

Annual Balance Sheets for Orrstown Financial Services

Quarterly Balance Sheets for Orrstown Financial Services

Annual Metrics and Ratios for Orrstown Financial Services

Quarterly Metrics and Ratios for Orrstown Financial Services

Frequently Asked Questions About Orrstown Financial Services' Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools