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Stock impact report

Orange County Bancorp, Inc. Announces Record First Quarter Earnings [Yahoo! Finance]

Orange County Bancorp, Inc. (OBT) 
Company Research Source: Yahoo! Finance
million, or 187.6%, as compared to $3.2 million for the three months ended March 31, 2023 Total Deposits grew $110.7 million, or 5.4%, reaching $2.2 billion at March 31, 2024 as compared to $2.0 billion at December 31, 2023. Net interest margin of 3.64% for the quarter ended March 31, 2024 decreased 14 basis points, or 3.7%, versus 3.78% for the quarter ended March 31, 2023 Trust and investment advisory income rose $513 thousand, or 21.6%, to $2.9 million, for the quarter ended March 31, 2024 from $2.4 million for the quarter ended March 31, 2023. Total Loans of $1.7 billion at March 31, 2024 were relatively unchanged from year-end 2023 Book value per share increased $0.55, or 1.9%, reaching $29.81 at March 31, 2024 as compared to $29.26 at December 31, 2023 MIDDLETOWN NY / ACCESSWIRE / May 1, 2024 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") and Hudson Valley Investment Advisors, Inc. ("HVIA"), today an Show less Read more
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