Orange County Bancorp beats Q2 EPS estimates

Orange County Bancorp

30/07/2025 21:57

Overview

Orange County Bancorp Q2 net income rises 27.4% yr/yr to $10.5 mln

EPS for Q2 beats analyst expectations, per LSEG data

Co completed $46 mln follow-on common stock offering, strengthening financial position

Result Drivers

LOAN PORTFOLIO GROWTH - Co attributes strong Q2 financial performance to continued growth in loan portfolio, with total loans increasing $102.1 mln, or 5.6%, to $1.9 bln

DEPOSIT GROWTH - Total deposits rose $123.4 mln, or 5.7%, to $2.3 bln, with organic sourcing enabling replacement of higher-cost brokered deposits

WEALTH MANAGEMENT - Trust and investment advisory income rose 14.8% to $3.4 mln, contributing to non-interest income growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
Beat
$0.87
$0.74 (3 Analysts)
Q2 Net Income
$10.50 mln
Q2 Net Interest Income
$25.10 mln
Q2 Net Interest Margin
4.1%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Orange County Bancorp Inc is $30.00, about 12% above its July 29 closing price of $26.40

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNXvxwxS

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)