Orange County Bancorp Inc

OBT · NASDAQ · Financial Services / Banks - Regional

40.03USD+0.17 (+0.43%)

Price History

Full chart

Market Stats

Previous Close39.86

Open39.96

Day Range39.50 – 40.21

52-Week Range22.74 – 39.91

Volume72.30K

Market Cap507.09M

P/E (TTM)10.62

Forward P/E0.00

EPS3.56

Dividend Yield1.90%

Beta0.42

50-Day Avg38.15

200-Day Avg34.33

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.

Company Details

SectorFinancial Services
IndustryBanks - Regional
CEOMr. Michael J. Gilfeather
Employees235
Headquarters212 Dolson Avenue, Middletown, NY, United States, 10940, USA
Websitehttps://www.orangebanktrust.com

Leadership

Mr. Michael J. GilfeatherPresident, CEO & Director · b. 1958
Mr. Michael Lesler CPAExecutive VP & CFO · b. 1971
Mr. Joseph A. RuhlSr. Executive VP & Regional President of Westchester County · b. 1966
Ms. Elizabeth JonesExecutive VP & COO · b. 1979
Mr. Redwan AhmedSenior VP & Chief Information Officer
Ms. Jennifer StaubVP, Senior Compliance Officer & Corporate Secretary
Mr. Jacob RahimanSenior VP & Chief Human Resource Officer
Mr. Michael J. CoulterExecutive Vice President Mid-Hudson Valley Market Executive · b. 1957
Mr. Michael ListnerSenior VP & Chief Risk Officer · b. 1978
Mr. David Padraic DineenExecutive VP & Senior MD and Director of Wealth Services · b. 1964

Financials

Income Statement

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	30.85M	25.34M	26.57M	28.40M	33.70M	38.29M	42.36M	47.88M	57.56M	64.43M	76.00M	96.00M	131.07M	143.09M	158.13M
Growth (%)	-	-17.87%	+4.85%	+6.88%	+18.67%	+13.62%	+10.65%	+13.01%	+20.23%	+11.94%	+17.96%	+26.32%	+36.52%	+9.17%	+10.51%
Cost of Revenue	30.85M	-	-	-	10.04M	5.72M	4.64M	5.25M	7.04M	10.13M	6.40M	15.65M	37.25M	43.17M	38.67M
Gross Profit	-	25.34M	26.57M	28.40M	23.65M	32.57M	37.72M	42.62M	50.52M	54.29M	69.60M	80.35M	93.82M	99.92M	119.46M
Gross Margin	-	100.00%	100.00%	100.00%	70.19%	85.07%	89.04%	89.03%	87.78%	84.27%	91.58%	83.70%	71.58%	69.83%	75.54%
Operating Expense	-	14.81M	16.09M	17.44M	25.57M	28.21M	31.22M	33.44M	36.12M	39.78M	42.92M	50.08M	56.67M	65.10M	67.90M
Operating Income	9.85M	10.53M	10.48M	10.95M	-1.91M	4.36M	6.50M	9.18M	14.41M	14.52M	26.68M	30.28M	37.15M	34.82M	51.56M
Operating Margin	31.94%	41.56%	39.46%	38.57%	-5.67%	11.38%	15.35%	19.17%	25.03%	22.53%	35.10%	31.54%	28.34%	24.33%	32.60%
EBITDA	10.40M	10.75M	9.12M	8.64M	-1.01M	5.36M	7.97M	10.58M	15.88M	16.08M	28.34M	31.97M	39.12M	36.77M	53.10M
EBITDA Margin	33.71%	42.42%	34.33%	30.44%	-2.99%	14.01%	18.81%	22.09%	27.60%	24.95%	37.29%	33.30%	29.84%	25.69%	33.58%
Net Income	7.60M	7.78M	6.51M	6.20M	-160.00K	3.64M	2.35M	7.55M	11.48M	11.68M	21.29M	24.36M	29.48M	27.88M	41.61M
Net Income Margin	24.64%	30.70%	24.50%	21.82%	-0.47%	9.50%	5.55%	15.77%	19.95%	18.13%	28.01%	25.38%	22.49%	19.49%	26.32%
Interest Expense	3.26M	-	-	-	4.16M	3.92M	2.87M	2.79M	4.84M	4.72M	3.97M	6.13M	29.38M	35.46M	30.93M
Interest Expense % of Total Revenue	10.58%	-	-	-	12.34%	10.25%	6.76%	5.82%	8.41%	7.33%	5.22%	6.39%	22.41%	24.78%	19.56%

Balance Sheet

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	637.84M	663.76M	677.76M	726.13M	822.83M	909.71M	960.74M	1.06B	1.23B	1.66B	2.14B	2.29B	2.49B	2.51B	2.66B
Total Liabilities	545.67M	568.93M	583.71M	627.77M	727.86M	817.33M	869.43M	956.33M	1.11B	1.53B	1.96B	2.15B	2.32B	2.32B	2.38B
Total Equity	92.17M	94.83M	94.05M	98.36M	94.97M	92.38M	91.31M	108.54M	122.06M	135.42M	182.84M	138.14M	165.38M	185.53M	284.36M
Cash	-	11.29M	10.29M	9.52M	15.59M	27.34M	30.22M	18.37M	25.11M	121.23M	306.18M	86.08M	147.38M	150.33M	204.23M
Total Debt	82.80M	73.35M	73.31M	73.26M	73.22M	88.17M	23.11M	38.56M	8.00M	22.32M	22.38M	150.95M	254.02M	143.09M	34.55M
Net Debt	82.80M	-11.29M	63.02M	63.74M	57.62M	60.83M	-7.11M	20.18M	-17.11M	-98.91M	-283.80M	64.87M	106.64M	-7.24M	-169.68M

Cash Flow

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	6.88M	8.56M	8.48M	8.02M	7.02M	9.39M	8.41M	11.96M	13.73M	11.34M	20.32M	30.48M	44.50M	34.60M	43.85M
Investing Cash Flow	-56.67M	-27.66M	-24.72M	-43.85M	-97.96M	-82.82M	-57.71M	-133.01M	-150.51M	-330.96M	-291.31M	-434.11M	-144.92M	-29.42M	-74.15M
Financing Cash Flow	55.47M	17.52M	15.24M	35.06M	97.02M	85.17M	52.18M	109.20M	143.51M	415.74M	455.93M	183.53M	161.72M	-2.23M	84.20M
Capital Expenditure	1.13M	1.62M	438.00K	280.00K	1.21M	504.00K	1.55M	1.43M	1.85M	692.00K	1.96M	1.54M	3.54M	1.73M	2.52M
Free Cash Flow	5.74M	6.94M	8.04M	7.74M	5.80M	8.89M	6.86M	10.53M	11.88M	10.65M	18.36M	28.94M	40.96M	32.87M	41.33M
Dividends Paid	2.83M	3.73M	2.31M	3.21M	3.22M	3.22M	3.23M	3.26M	3.59M	3.58M	4.03M	4.67M	5.19M	5.33M	7.10M
FCF to OCF	83.54%	81.06%	94.83%	96.51%	82.73%	94.63%	81.55%	88.03%	86.50%	93.90%	90.36%	94.93%	92.05%	95.00%	94.26%
Dividend Paid to FCF	49.29%	53.75%	28.74%	41.45%	55.51%	36.21%	47.03%	30.99%	30.20%	33.66%	21.94%	16.13%	12.67%	16.20%	17.18%

Earnings

Report Date	Mar 31, 2018	Jun 30, 2018	Sep 30, 2018	Dec 31, 2018	Mar 31, 2019	Jun 30, 2019	Sep 30, 2019	Jan 23, 2020	Apr 27, 2020	Jul 26, 2020	Oct 22, 2020	Feb 1, 2021	May 3, 2021	Aug 12, 2021	Oct 25, 2021	Jan 27, 2022	Apr 27, 2022	Aug 1, 2022	Oct 25, 2022	Jan 25, 2023	May 1, 2023	Jul 26, 2023	Oct 25, 2023	Feb 1, 2024	May 1, 2024	Jul 31, 2024	Oct 30, 2024	Feb 5, 2025	Apr 30, 2025	Jul 30, 2025	Oct 30, 2025	Feb 4, 2026	Apr 28, 2026	Jul 28, 2026	Nov 4, 2026
EPS Estimate	-	-	-	-	-	-	-	-	0.52	0.27	0.28	0.33	0.76	0.94	0.45	0.43	0.46	0.96	0.53	0.74	0.69	0.55	0.66	0.67	0.67	0.70	0.75	0.70	0.67	0.69	0.69	0.74	0.78	0.80	0.82
EPS Actual	0.17	0.20	0.26	0.29	0.28	0.31	0.35	0.64	0.52	0.31	0.36	0.37	1.12	1.16	0.53	0.49	0.48	0.38	0.70	0.81	0.64	0.81	0.81	0.72	0.83	0.73	0.28	0.63	0.77	0.87	0.75	0.93	0.85	1.02	-
Surprise	-	-	-	-	-	-	-	-	0.00%	14.81%	28.57%	12.12%	47.37%	23.40%	17.78%	13.95%	4.35%	-60.42%	32.08%	9.46%	-7.25%	47.27%	22.73%	7.46%	23.88%	4.29%	-62.67%	-10.00%	14.93%	26.09%	8.70%	25.68%	8.97%	27.50%	-
Timing	-	-	-	-	-	-	-	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	-

Key Statistics & Ratios

Market Cap507.09M

Enterprise Value206.77M

Trailing P/E10.62

Forward P/E0.00

Price / Sales4.13

Price / Book1.63

EPS3.56

Book Value22.87

Revenue (TTM)122.67M

Gross Profit (TTM)122.67M

Profit Margin38.63%

Operating Margin40.90%

Return on Equity16.95%

Return on Assets1.75%

Shares Outstanding13.41M

Shares Float11.37M

Beta0.42

Dividend Yield1.90%

Dividend Rate0.72

Payout Ratio20.28%

Analyst Ratings

Strong Buy

Based on 3 analystsTarget 43.33

Strong Buy
2
Buy
1

Ownership Breakdown

Institutions: 55.13%
Insiders: 8.19%
Retail / Other: 36.68%

Top Institutional Holders

BlackRock Inc
1.89M14.11%
Hudson Valley Investment Advisors, LLC
1.06M7.91%
Vanguard Capital Management, LLC
461.70K3.44%
American Century Companies Inc
311.74K2.33%
Manufacturers Life Insurance Co
309.31K2.31%
Geode Capital Management, LLC
260.47K1.94%
AllianceBernstein L.P.
219.20K1.63%
Banc Funds Co LLC
197.54K1.47%
State Street Corp
187.15K1.40%
Dimensional Fund Advisors, Inc.
153.81K1.15%
Two Sigma Investments LLC
101.65K0.76%
Morgan Stanley - Brokerage Accounts
101.19K0.75%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
337.80K2.52%
iShares Russell 2000 ETF
332.90K2.48%
Avantis US Small Cap Value ETF
294.67K2.20%
BlackRock Advantage Small Cap Core Instl
258.26K1.93%
JHancock Regional Bank A
161.59K1.21%
BSF Systematic US Eq Abs Ret A2 USD
150.42K1.12%
Fidelity Small Cap Index
136.42K1.02%
JH Financial Opportunities
123.19K0.92%

Dividends

20263×

0.18Sep 4, 20260.18Jun 4, 20260.18Mar 4, 2026

20254×

0.18Dec 4, 20250.13Sep 8, 20250.13Jun 4, 20250.13Mar 4, 2025

20244×

0.13Dec 4, 20240.12Sep 4, 20240.12Jun 4, 20240.12Mar 1, 2024

20234×

0.12Dec 1, 20230.12Aug 31, 20230.12Jun 1, 20230.12Mar 2, 2023

20224×

0.12Dec 1, 20220.10Sep 1, 20220.10Jun 1, 20220.10Mar 1, 2022

20214×

0.10Dec 2, 20210.10Sep 2, 20210.10Jun 2, 20210.10Mar 2, 2021

20201×

0.10Dec 1, 2020

Stock Splits

Jan 13, 20252:1
Feb 26, 20182:1