Orrstown: Q1 Earnings Snapshot

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4:33 PM on Tuesday, April 25, 2023

The Associated Press

SHIPPENSBURG, Pa. (AP) — SHIPPENSBURG, Pa. (AP) — Orrstown Financial Services Inc. (ORRF) on Tuesday reported net income of $9.2 million in its first quarter.

The Shippensburg, Pennsylvania-based bank said it had earnings of 87 cents per share.

The holding company for Orrstown Bank posted revenue of $40.4 million in the period. Its revenue net of interest expense was $32.4 million, which missed Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORRF at https://www.zacks.com/ap/ORRF

This content is used here with permission. To view the original visit: https://apnews.com/c35a0ddad94e13b3bda2090c24429c31
 

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