Orange County Bancorp Q3 profit rises, helped by higher net interest income

Orange County Bancorp

29/10/2025 21:02

Overview

Orange County Bancorp Q3 net income rises 211.5% yr/yr to $10 mln

Net interest income for Q3 increases 17.3% to $27 mln

Company's net interest margin grows 45 basis points to 4.26%

Outlook

Company cites robust regional economic activity amid uncertain political and interest rate risks

Company notes Federal Reserve rate cut may pressure interest rates downward

Company highlights strategic reduction in deposit costs amid Fed policy changes

Result Drivers

NET INTEREST INCOME - Driven by a $3.5 mln increase in interest and fees on loans

DEPOSIT GROWTH - Total deposits increased by $125.5 mln, contributing to lower interest expenses

CREDIT LOSS PROVISION - Reduced provision for credit losses due to lower specific reserves

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.75
Q3 Net Income
$10.01 mln
Q3 Net Interest Income
$26.94 mln
Q3 Net Interest Margin
4.26%


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 19.5% above its October 28 closing price of $24.14

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

Press Release: ID:nGNXb8rSQ

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)