Orange County Bancorp (OBT) Projected to Post Quarterly Earnings on Wednesday

Orange County Bancorp (NASDAQ:OBT - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, July 30th. Analysts expect Orange County Bancorp to post earnings of $0.76 per share and revenue of $29.00 million for the quarter.

Orange County Bancorp (NASDAQ:OBT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.10. Orange County Bancorp had a return on equity of 14.41% and a net margin of 18.86%. The business had revenue of $27.98 million for the quarter, compared to analyst estimates of $28.10 million. On average, analysts expect Orange County Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Orange County Bancorp Trading Down 2.2%

Shares of NASDAQ:OBT traded down $0.59 during midday trading on Friday, hitting $26.40. The company had a trading volume of 29,012 shares, compared to its average volume of 109,208. Orange County Bancorp has a 12 month low of $20.97 and a 12 month high of $33.06. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.25. The stock has a market cap of $345.84 million, a price-to-earnings ratio of 10.93 and a beta of 0.47. The firm has a fifty day simple moving average of $25.89 and a 200 day simple moving average of $25.25.

Orange County Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Wednesday, June 4th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a $0.52 annualized dividend and a yield of 1.97%. Orange County Bancorp's dividend payout ratio is presently 21.58%.

Insiders Place Their Bets

In other news, insider Joseph A. Ruhl sold 1,752 shares of the business's stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $26.67, for a total value of $46,725.84. Following the sale, the insider directly owned 31,485 shares in the company, valued at $839,704.95. The trade was a 5.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Gregory Sousa sold 2,440 shares of the company's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $24.61, for a total value of $60,048.40. Following the transaction, the executive vice president directly owned 10,280 shares of the company's stock, valued at $252,990.80. This represents a 19.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,689 shares of company stock valued at $172,121. Insiders own 9.30% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its position in shares of Orange County Bancorp by 85.0% during the first quarter. Goldman Sachs Group Inc. now owns 36,838 shares of the company's stock worth $862,000 after buying an additional 16,929 shares during the period. Jacobs Levy Equity Management Inc. raised its holdings in Orange County Bancorp by 230.7% during the first quarter. Jacobs Levy Equity Management Inc. now owns 12,283 shares of the company's stock worth $287,000 after acquiring an additional 8,569 shares in the last quarter. Jane Street Group LLC bought a new stake in Orange County Bancorp during the first quarter worth about $204,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Orange County Bancorp by 107.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,036 shares of the company's stock worth $141,000 after acquiring an additional 3,132 shares in the last quarter. 42.55% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Hovde Group reduced their target price on Orange County Bancorp from $30.50 to $29.50 and set an "outperform" rating on the stock in a report on Tuesday, June 10th.

Orange County Bancorp Company Profile

Orange County Bancorp, Inc, through its subsidiaries, provides commercial and consumer banking products and services, and trust and wealth management services to small businesses, middle-market enterprises, local municipal governments, and individuals. It accepts various deposits, including interest-bearing and noninterest-bearing demand accounts, money market deposit accounts, savings accounts, and certificates of deposit.