Orrstown Financial Services, Inc. Reports First Quarter 2020 diluted EPS of $0.46 and Announces Quarterly Dividend of $0.17 per Share
Orrstown Financial Services Inc (ORRF)
Last orrstown financial services inc earnings: 4/21 04:01 pm
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US:NASDAQ Investor Relations:
investors.orrstown.com
Company Research
Source: GlobeNewswire
Announced initiatives in March 2020 to assist clients, employees and communities affected by COVID-19Began to see impact of COVID-19 in Q1 with provision for loan losses of $0.9 million, mortgage servicing impairment of $0.5 million, wealth management fee pressure and a reduction in commercial loan closings due to project delaysInitiated proactive risk mitigation efforts, which included contacting existing clients representing over 70% of the commercial loan portfolio, completing loan deferral arrangements for clients with balances totaling $35.7 million through March 31, 2020 and actively participating in the Small Business Administration Paycheck Protection Program (the “SBA PPP”) in April 2020In April 2020, expected closings of SBA PPP loans total approximately $370 million with approximately $9 million of processing fees to be earned primarily over Q2 and Q3Classified loans fell by $10.3 million to $30.5 million at March 31, 2020 from $40.8 million at December 31, 2019; non-perfor
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ORRF
News
- Orrstown Financial Services Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Are Options Traders Betting on a Big Move in Orrstown Financial Services (ORRF) Stock? [Yahoo! Finance]Yahoo! Finance
- Orrstown Financial Services, Inc. (NASDAQ: ORRF) was downgraded by analysts at Hovde Group from an "outperform" rating to a "market perform" rating.MarketBeat
- Are You Looking for a Top Momentum Pick? Why Orrstown Financial Services (ORRF) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- Don't Buy Orrstown Financial Services, Inc. (NASDAQ:ORRF) For Its Next Dividend Without Doing These Checks [Yahoo! Finance]Yahoo! Finance
ORRF
Earnings
- 10/22/24 - Beat
ORRF
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 10-Q
- 11/12/24 - Form SC
- ORRF's page on the SEC website