Orrstown Financial Reports $22.8 Million Net Income for Q3 2026
Key Facts
Orrstown Financial reported net income of $22.8 million, or $1.17 per diluted share, for the third quarter ended September 30, 2026. GlobeNewswire reported that the net interest margin increased by 25 basis points to 4.12% compared to the second quarter of 2026. The company's Board of Directors also declared a cash dividend of $0.30 per common share, which is scheduled to be paid on November 10, 2026.
The financial results showed an improved efficiency ratio of 56.0% compared to 60.1% in the previous quarter, supported by a 9% annualized growth in loans. ORRF closed at $41.31 on October 19, 2026, prior to the release of these results which also highlighted a $4.0 million decrease in classified loans to $45.2 million as of September 30, 2026.