Hovde Group downgraded Orrstown Financial Services from Outperform to Market Perform
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/15/2026 | $41.00 | Neutral | DA Davidson |
| 2/2/2026 | $40.00 → $42.00 | Outperform | Hovde Group |
| 5/14/2025 | $35.00 → $37.00 | Outperform | Hovde Group |
| 4/30/2025 | $35.00 | Market Perform → Outperform | Hovde Group |
| 4/10/2025 | $35.00 | Outperform | Raymond James |
| 1/8/2025 | $43.00 | Overweight | Piper Sandler |
| 11/13/2024 | Outperform → Market Perform | Hovde Group | |
| 10/23/2024 | $37.00 → $42.00 | Outperform | Hovde Group |
HARRISBURG, Pa., June 02, 2026 (GLOBE NEWSWIRE) -- Orrstown Bank (the "Bank"), a wholly owned subsidiary of Orrstown Financial Services, Inc. (NASDAQ:ORRF) (the "Company"), today announced that Adam L. Metz has assumed the role of President and Chief Executive Officer of the Bank and the Company, effective June 2, 2026. Mr. Metz succeeds Thomas R. Quinn, Jr., who retired from the Bank and the Company effective June 1, 2026 following 17 years of distinguished leadership. Mr. Metz was also appointed to the Board of Directors of the Bank and the Company. Mr. Metz brings extensive banking experience and a proven record of strategic leadership to his new role. Having previously served in sever
Net income of $21.8 million, or $1.12 per diluted share, for the three months ended March 31, 2026 compared to net income of $21.5 million, or $1.11 per diluted share, for the three months ended December 31, 2025;Return on average assets was 1.59% and return on average equity was 14.76% for the three months ended March 31, 2026, compared to 1.55% and 14.73%, respectively, for the three months ended December 31, 2025;Net interest margin, on a tax equivalent basis, was 3.90% in the first quarter of 2026 compared to 4.00% in the fourth quarter of 2025;Total loans increased by $40.6 million, or approximately 4% annualized, from December 31, 2025 to March 31, 2026;Deposits increased by $98.7 mill
HARRISBURG, Pa., April 13, 2026 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ:ORRF), the holding company of Orrstown Bank, announced today that it will report first quarter 2026 earnings at the close of business on Tuesday, April 21, 2026. Management will host a conference call and webcast to review the Company's quarterly results on Wednesday, April 22, 2026, at 9:00 am ET. The conference call and webcast details are below: Earnings Release: Tuesday, April 21, 2026, After Market Close Conference Call and Webcast: Wednesday, April 22, 2026, 9:00 am ET Webcast: Interested parties may listen to the call and view a copy of the Company's earnings presentation by joining via
DA Davidson initiated coverage of Orrstown Financial Services with a rating of Neutral and set a new price target of $41.00
Hovde Group reiterated coverage of Orrstown Financial Services with a rating of Outperform and set a new price target of $42.00 from $40.00 previously
Hovde Group reiterated coverage of Orrstown Financial Services with a rating of Outperform and set a new price target of $37.00 from $35.00 previously
4 - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Issuer)
4 - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Issuer)
4 - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Issuer)
8-K - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Filer)
10-Q - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Filer)
8-K - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Filer)
4 - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Issuer)
4 - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Issuer)
4 - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Issuer)
HARRISBURG, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ:ORRF) (the "Company") today announced that Barbara E. Brobst has been appointed to an open position on the Boards of Directors of the Company and its principal subsidiary, Orrstown Bank, effective February 1, 2025. Ms. Brobst served as the Executive Vice President, Chief Human Resources Officer of the Company and the Bank from 2015 to 2022. Prior to that, she served as Senior Vice President for Human Resources of the Bank from 2011 to 2015 and Senior Vice President and Senior Trust Officer of the Bank from 2000 to 2011. Ms. Brobst is an experienced banking executive with over 40 years of experienc
SHIPPENSBURG, Pa., March 10, 2022 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ:ORRF) (the "Company") today announced that Meera R. Modi has been appointed to an open position on the Boards of Directors of the Company and its principal subsidiary, Orrstown Bank, effective immediately. "Meera is an incredibly valuable addition to our Board of Directors," said Joel Zullinger, Chairman of the Board of Directors, Orrstown Bank. "Her experience, along with her alignment of our core mission, vision, and values, will serve as an excellent resource for both our board and management team." Ms. Modi is a member with the law firm McNees Wallace & Nurick LLC, Harrisburg, PA, focusing
SHIPPENSBURG, Pa., March 31, 2021 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (the “Company”) (NASDAQ: ORRF), the parent company of Orrstown Bank (the “Bank”), announced today that Thomas R. Brugger, Executive Vice President, Chief Financial Officer is retiring effective April 27, 2021. Neelesh Kalani, CPA, who joined the Company in February 2020 and has been serving as Senior Vice President, Chief Accounting Officer since March 2020, will be promoted to Executive Vice President and Chief Financial Officer effective April 28, 2021. In his new role, Mr. Kalani will be responsible for the Company’s financial plans, policies, and financial compliance. Mr. Kalani is a graduate
Net income of $21.8 million, or $1.12 per diluted share, for the three months ended March 31, 2026 compared to net income of $21.5 million, or $1.11 per diluted share, for the three months ended December 31, 2025;Return on average assets was 1.59% and return on average equity was 14.76% for the three months ended March 31, 2026, compared to 1.55% and 14.73%, respectively, for the three months ended December 31, 2025;Net interest margin, on a tax equivalent basis, was 3.90% in the first quarter of 2026 compared to 4.00% in the fourth quarter of 2025;Total loans increased by $40.6 million, or approximately 4% annualized, from December 31, 2025 to March 31, 2026;Deposits increased by $98.7 mill
HARRISBURG, Pa., April 13, 2026 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ:ORRF), the holding company of Orrstown Bank, announced today that it will report first quarter 2026 earnings at the close of business on Tuesday, April 21, 2026. Management will host a conference call and webcast to review the Company's quarterly results on Wednesday, April 22, 2026, at 9:00 am ET. The conference call and webcast details are below: Earnings Release: Tuesday, April 21, 2026, After Market Close Conference Call and Webcast: Wednesday, April 22, 2026, 9:00 am ET Webcast: Interested parties may listen to the call and view a copy of the Company's earnings presentation by joining via
Net income of $21.5 million, or $1.11 per diluted earnings per share, for the three months ended December 31, 2025 compared to net income of $21.9 million, or $1.13 per diluted earnings per share, for the three months ended September 30, 2025;Net income of $80.9 million and diluted earnings per share of $4.18 for the year ended December 31, 2025 compared to net income of $22.1 million and diluted earnings per share of $1.48 for the year ended December 31, 2024;Adjusted net income and diluted earnings per share totaled $82.9 million(1) and $4.28(1), respectively, for the year ended December 31, 2025 compared to $56.1 million(1) and $3.76(1), respectively, for the year ended December 31, 2024
SC 13G - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Subject)
SC 13G/A - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Subject)
SC 13G - ORRSTOWN FINANCIAL SERVICES INC (0000826154) (Subject)