Oak Ridge Financial Services, Inc. Named to American Banker's Top 100 Publicly Traded Banks Under $2 Billion in Assets [Yahoo! Finance]
OAK RIDGE FINCL SVCS INC (BKOR)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
company of Bank of Oak Ridge (the “Bank”), was included in The American Banker's Top 100 Publicly Traded Community Banks under $2 billion in assets. The ranking is based on data from year-end 2023 and uses the institutions' three-year average return on average equity, or ROAE, to determine the ranking. Investors frequently use ROAE to analyze business performance and shareholder return. Oak Ridge's three-year average ROAE for 2021-2023 was 13.25%. This year, American Banker and Capital Performance Group trimmed the list from the 200 top performers to 100 banks due to consolidation and the shrinking number of institutions in this asset class, better representing the top quartile of banks with under $2 billion of assets. Oak Ridge had been recognized as part of the top 200 publicly traded banks in $2 billion in assets prior to 2023 for seven consecutive years, ranking #109 in 2022. Oak Ridge was ranked #97 in 2023. “It is an incredible honor to be ranked amongst American Banker's To
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News
- Oak Ridge Financial Services, Inc. Named to American Banker’s Top 100 Publicly Traded Banks Under $2 Billion in AssetsGlobeNewswire
- Oak Ridge Financial Services, Inc. Announces First Quarter 2024 Results, 20% Increase in Quarterly Cash Dividend, and Stock Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Oak Ridge Financial Services, Inc. Announces First Quarter 2024 Results, 20% Increase in Quarterly Cash Dividend, and Stock Repurchase ProgramGlobeNewswire