Orange County Bancorp, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $490.8M
- Price
- $36.60
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.45%
- Volume
- 729
Quote data as of 9:32 AM ET
About
Orange County Bancorp, Inc., a bank holding company, through its subsidiaries, provides commercial and consumer banking products and services. The company operates in Business Banking, Private Banking, and Trust & Wealth Management segments. It accepts various deposits, including interest-bearing and noninterest-bearing demand accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company also offers commercial real estate loans, commercial and industrial loans, commercial real estate construction loans, residential real estate loans, home equity loans, and consumer loans. In addition, it provides traditional trust and administration, asset management, financial planning, and wealth management services; and financial products, including checking, savings, money market accounts, certificates of deposit, and treasury management services. The company offers its products to small businesses, middle-market enterprises, local municipal governments, and individuals, as well as operate full-service branches and loan production office in Orange, Westchester, Rockland, and Bronx counties in New York. Orange County Bancorp, Inc. was founded in 1892 and is headquartered in Middletown, New York.
Quick stats
Shares outstanding13.4M
Computed float11.2M
Float sourceUnknown
Cash runway (months)Unknown
Dilution risk—
Has warrants—
Has convertibles—
Active shelf (Shelf registration (e.g. Form S-3) currently in effect — the company is pre-cleared to issue and sell new shares quickly. A standing dilution risk.)—
Active ATM (At-the-market offering — a program to sell newly issued shares directly into the open market at prevailing prices, diluting existing holders over time.)—
Key info
SectorFinancial Services
IndustryBanks - Regional
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001754226
AI Summary
AI-generated2mo agostandardmixedearningsOrange County Bancorp, Inc. Announces Record First Quarter Earnings:
Orange County Bancorp reported record first quarter earnings with net income rising 29.6% year-over-year to $11.3 million, driven by a 45 basis point expansion in net interest margin to 4.40%.
Operational metrics improved as deposits grew by $39.4 million and the efficiency ratio bettered to 55.9%, though Wealth Management AUM declined 13% due to market volatility.
Asset quality deteriorated with non-performing loans jumping to 1.34% of total loans, largely due to a single commercial real estate participation loan tied to a borrower bankruptcy.
Red flags
- Non-performing loans increased to $26.1 million, or 1.34% of total loans, up from 0.57% in the prior year, driven by a single commercial real estate bankruptcy
- Wealth Management assets under management decreased 13.0% year-over-year