Orange County Bancorp crushed earnings expectations with a 27.5% EPS beat, but revenue fell 15.7% short as non-performing loans nearly doubled to $22.2 million, signaling credit stress beneath the profit surprise.
Orange County Bancorp :
OBT
OBT
Stock Data
$37.74
$1.09 (2.81%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Orange County Bancorp Inc offers a wide range of banking and financial services, catering to small businesses, middle-market enterprises, local governments, and affluent individuals. With a history dating back to 1892, this company provides everything from commercial and consumer banking products to trust and wealth management services. It operates several full-service branches across New York, including in Orange, Westchester, Rockland, and Bronx counties. Its offerings include various deposit accounts, a variety of loans such as commercial real estate and consumer loans, and comprehensive wealth management services.
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