Stock Analysis
- United States
- /
- Banks
- /
- NasdaqCM:ORRF
Orrstown Financial Services Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
Orrstown Financial Services (NASDAQ:ORRF) Full Year 2022 Results
Key Financial Results
- Revenue: US$122.3m (up 7.3% from FY 2021).
- Net income: US$22.0m (down 33% from FY 2021).
- Profit margin: 18% (down from 29% in FY 2021).
- EPS: US$2.09 (down from US$3.00 in FY 2021).
ORRF Banking Performance Indicators
- Net interest margin (NIM): 3.81% (up from 3.25% in FY 2021).
- Non-performing loans: 0.96% (up from 0.33% in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Orrstown Financial Services Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 20%.
Looking ahead, revenue is expected to decline by 7.0% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 6.3%.
Performance of the American Banks industry.
The company's shares are down 9.1% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 4 warning signs for Orrstown Financial Services you should be aware of.
What are the risks and opportunities for Orrstown Financial Services?
Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and financial advisory services in the United States.
Rewards
Trading at 56% below our estimate of its fair value
Earnings are forecast to grow 22.81% per year
Risks
Significant insider selling over the past 3 months
Profit margins (18%) are lower than last year (28.8%)
Large one-off items impacting financial results
Further research on
Orrstown Financial Services
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About NasdaqCM:ORRF
Orrstown Financial Services
Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and financial advisory services in the United States.
Flawless balance sheet and good value.
