Orrstown Financial Services, Inc. Reports Third Quarter 2026 Results
Orrstown Financial reported Q3 2026 net income of $22.8 million, or $1.17 per diluted share, up from $1.09 in Q2 2026 and $1.13 a year earlier. Net interest margin expanded 25 basis points sequentially to 4.12%, while the efficiency ratio improved to 56.0% from 60.1%. Loans grew $95.3 million (9% annualized) and credit quality improved, with nonaccrual loans falling to 0.54% of total loans. Deposits dipped 3% annualized, with funding partly supplemented by higher FHLB borrowings of $417.3 million.
Key figures
- Eps
- 1.17
- Revenue
- $53.3 million net interest income (Q3 2026)
- Guidance
- No quantitative guidance; management expressed confidence executing 'across a range of economic conditions'
- Revenue Yoy
- net interest income up ~4.6% YoY ($53.3M vs $51.0M)
- Nim
- 4.12%
- Roaa
- 1.60%
- Roae
- 14.62%
- Net income
- 22815000
- Total assets
- $5.7 billion
- Nim change qoq
- +25 bps
- Total deposits
- $4.6 billion
- Efficiency ratio
- 56.0%
- Acl to total loans
- 1.11%
- Deposit change qoq
- -$38.1 million (3% annualized decline)
- Dividend per share
- $0.30
- Tier1 leverage ratio
- 10.2%
- Loan growth annualized
- 9%
- Loans held for investment
- $4.2 billion
- Nonaccrual to total loans
- 0.54%
- Tangible book value per share
- $25.96
AI analysis
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