Orrstown Financial Services
Delivers commercial, consumer, and wealth-management banking across Pennsylvania and Maryland.
Something off on this page? Send us feedback.
Profile
Operates as a single-segment community bank, offering commercial and agricultural lending, consumer and home-equity banking, residential mortgages, and wealth management through Orrstown Financial Advisors across Pennsylvania and Maryland. The franchise roughly doubled in size in mid-2024 by merging with York, Pennsylvania-based Codorus Valley Bancorp, folding its PeoplesBank subsidiary into Orrstown Bank.
Grew out of a single-branch bank founded in Orrstown, Pennsylvania, in 1919, organized under a holding company in 1987. The bank, run under the Orrstown Bank name, now operates 42 offices across 17 counties in Pennsylvania and Maryland.
Community Banking is the sole reportable segment: commercial and agricultural lending, consumer deposits and home-equity credit, residential mortgages, and municipal loans. Wealth management runs through Orrstown Financial Advisors' trust, custody, and investment-advisory services, plus retail brokerage via a third-party broker-dealer.
The franchise roughly doubled in size in mid-2024 through a merger of equals with Codorus Valley Bancorp of York, Pennsylvania, folding its PeoplesBank subsidiary into Orrstown Bank and reaching into the Baltimore, Maryland area. Adam L. Metz succeeded Thomas Quinn as President and CEO in mid-2026, after Quinn's seventeen-year tenure.
Company facts
Categories
Key statistics
Year to date +20.4% · Average volume (30d) 102.6K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Target |
|---|---|---|---|---|---|
| Jul 9, 2026 | Raymond James | Initiate | Market Perform | ||
| May 15, 2026 | D.A. Davidson | Target | $41 | ||
| Nov 13, 2024 | Hovde Group | Downgrade | Outperform | Market Perform |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 21, 2026Q2 FY26 | $1.03 | $1.09 | +5.8% | $64.1M | $62.7M | −2.2% | +0.27% |
| Apr 21, 2026Q1 FY26 | $1.05 | $1.12 | +6.7% | $62.8M | $64.6M | +2.8% | −4.95% |
| Jan 27, 2026Q4 FY25 | $1.08 | $1.11 | +2.8% | $64.0M | $64.9M | +1.5% | −4.13% |
| Oct 21, 2025Q3 FY25 | $1.06 | $1.13 | +6.6% | $51.5M | $63.5M | +23.2% | +4.37% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $86.5M | $87.1M | $89.6M | $90.7M | $89.9M | $88.5M | |
| Gross profit | $60.3M | $61.7M | $63.1M | $64.9M | $64.2M | $62.3M | |
| Operating income | $22.8M | $24.7M | $27.7M | $27.6M | $27.5M | $24.7M | |
| Net income | $18.1M | $19.4M | $21.9M | $21.5M | $21.8M | $21.2M | |
| Diluted EPS | $0.93 | $1.01 | $1.13 | $1.28 | $1.12 | $1.09 | |
| Gross margin | 69.7% | 70.8% | 70.4% | 71.6% | 71.4% | 70.4% | |
| Operating margin | 26.3% | 28.4% | 30.9% | 30.4% | 30.6% | 27.9% |
Fiscal years (4-quarter sums)FY21 $121.6M · FY22 $134.3M · FY23 $174.3M · FY24 $284.1M · FY25 $353.9M
Revenue by product · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $1.01B · Total debt $282.4M · Total assets $5.61B · Shareholders' equity $621.7M
Dividends
Raised for 10 straight years — most recently to $0.30 from $0.27 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 4, 2026 | Aug 4 | Aug 11 | $0.30 | |
| May 5, 2026 | May 5 | May 12 | $0.30 | |
| Feb 10, 2026 | Feb 10 | Feb 17 | $0.30 | raised from $0.27 |
| Nov 5, 2025 | Nov 5 | Nov 12 | $0.27 | |
| Aug 5, 2025 | Aug 5 | Aug 12 | $0.27 | raised from $0.26 |
| May 6, 2025 | May 6 | May 13 | $0.26 | |
| Feb 14, 2025 | Feb 14 | Feb 21 | $0.26 | raised from $0.23 |
| Nov 5, 2024 | Nov 5 | Nov 12 | $0.23 |
Ownership
Shares outstanding 19.65M · Float 18.74M · 95.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| LLC | 1.81M | 9.35% | 13G | Nov 14, 2024 |
| BlackRock, Inc. | 1.68M | 8.55% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 964.9K | 4.91% | 13F | Aug 11, 2026 |
| Vanguard Capital Management LLC | 835.2K | 4.25% | 13F | Aug 13, 2026 |
| State Street Corp | 679.7K | 3.46% | 13F | Aug 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 6, 2026 | Michael John Rice | director | −2,530 | $43.16 |
| Jul 27, 2026 | Amy Doll | officer: EVP, Chief Admin. Officer | −3,002 | $41.61 |
| Mar 18, 2026 | Brian D. Brunner | director | +1,000 | $34.02 |
| Mar 11, 2026 | Christopher D. Holt | officer: EVP, Market President | −7,820 | $34.29 |
| Feb 19, 2026 | Thomas R. Jr Quinn | director, officer: President & CEO | −10,373 | $37.43 |
Peers
- ACNB
Gettysburg, PA bank holding company sharing PA/MD community banking footprint
- Mid Penn Bancorp
Harrisburg, PA bank holding company operating Mid Penn Bank across PA and NJ
- Fulton Financial
Contests PA/MD community and commercial banking at $30B super-regional scale
- Univest Financial
PA community bank paralleling commercial banking and wealth management scope
- S&T Bancorp
Overlaps in Pennsylvania commercial and community banking, larger scale
- Citizens & Northern
PA community bank and trust-services peer; core footprints barely overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Orrstown Financial Services | $41.96 | −0.19% | $824.4M | 9.1 | 9.7 | 2.3 | +1.4% |
| ACNB | $64.51 | −0.25% | $658.8M | 12.2 | 11.4 | 3.3 | −14.8% |
| Mid Penn Bancorp | $36.67 | +0.03% | $929.4M | 11.9 | 10.0 | 2.5 | +41.2% |
| Fulton Financial | $23.69 | +0.02% | $4.53B | 11.3 | 10.6 | 2.4 | +13.5% |
| Univest Financial | $41.57 | +0.10% | $1.15B | 12.0 | 10.7 | 2.2 | +4.1% |
| S&T Bancorp | $49.79 | −0.02% | $1.76B | 13.3 | 12.6 | 3.1 | +5.2% |
| Citizens & Northern | $25.54 | +0.04% | $457.6M | 17.3 | 9.5 | 2.8 | +46.4% |
| Median | 12.1 | 10.7 | 2.6 | +9.3% |