Orrstown Financial Services (NASDAQ:ORRF) released its quarterly earnings data on Monday. The bank reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.23, Fidelity Earnings reports. Orrstown Financial Services had a return on equity of 10.19% and a net margin of 16.46%.

Shares of ORRF stock opened at $21.47 on Wednesday. Orrstown Financial Services has a 1-year low of $11.50 and a 1-year high of $24.74. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $241.52 million, a price-to-earnings ratio of 11.48 and a beta of 0.92. The stock’s fifty day simple moving average is $22.47 and its 200-day simple moving average is $18.12.

Separately, TheStreet raised Orrstown Financial Services from a “c+” rating to a “b-” rating in a research note on Tuesday, March 9th.

In other Orrstown Financial Services news, CEO Thomas R. Quinn, Jr. purchased 1,411 shares of the stock in a transaction dated Monday, January 25th. The shares were acquired at an average price of $18.31 per share, for a total transaction of $25,835.41. Following the completion of the acquisition, the chief executive officer now owns 61,514 shares of the company’s stock, valued at approximately $1,126,321.34. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 4.00% of the company’s stock.

About Orrstown Financial Services

Orrstown Financial Services, Inc operates as the holding company for Orrstown Bank that provides commercial banking and trust services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits. It also offers commercial loans, such as commercial real estate, equipment, working capital, construction, and other commercial purpose loans, as well as industrial loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; agribusiness loans; acquisition and development loans; municipal loans; and installment and other loans.

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Earnings History for Orrstown Financial Services (NASDAQ:ORRF)

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