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Oak Ridge Financial Services (OTCMKTS:BKOR) Issues Quarterly Earnings Results

Oak Ridge Financial Services logo with Finance background

Key Points

  • Oak Ridge Financial Services reported a quarterly earnings per share (EPS) of $0.81, reflecting positive financial performance.
  • The company's stock rose by $0.53 to reach $23.50, with a market capitalization of $64.63 million and a price-to-earnings ratio of 11.03.
  • Oak Ridge Financial Services increased its dividend payout to $0.14 per share, resulting in a significant yield of 258.0%.
  • MarketBeat previews top five stocks to own in October.

Oak Ridge Financial Services (OTCMKTS:BKOR - Get Free Report) released its earnings results on Monday. The company reported $0.81 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $8.02 million during the quarter.

Oak Ridge Financial Services Trading Up 2.1%

OTCMKTS:BKOR traded up $0.49 during trading hours on Friday, reaching $24.00. 100 shares of the company were exchanged, compared to its average volume of 305. The firm has a market cap of $66 million, a PE ratio of 9.68 and a beta of 0.17. Oak Ridge Financial Services has a twelve month low of $17.60 and a twelve month high of $24.00. The stock's 50-day moving average is $22.05 and its 200-day moving average is $21.45.

Oak Ridge Financial Services Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 9th. Stockholders of record on Monday, May 26th were given a $0.14 dividend. This represents a dividend yield of 258.0%. This is a boost from Oak Ridge Financial Services's previous dividend of $0.08. The ex-dividend date was Friday, May 23rd. Oak Ridge Financial Services's dividend payout ratio (DPR) is presently 22.58%.

Oak Ridge Financial Services Company Profile

(Get Free Report)

Oak Ridge Financial Services, Inc operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, and money market accounts; overdrafts; auto, home equity, mortgage, business term, and business SBA loans; business lines of credit; credit cards; and online and mobile banking products and services.

Further Reading

Earnings History for Oak Ridge Financial Services (OTCMKTS:BKOR)

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