Orrstown: 3Q Earnings Snapshot
Orrstown: 3Q Earnings Snapshot
SHIPPENSBURG, Pa. (AP) _ Orrstown Financial Services Inc. (ORRF) on Wednesday reported third-quarter profit of $4 million.
The Shippensburg, Pennsylvania-based bank said it had earnings of 49 cents per share.
The holding company for Orrstown Bank posted revenue of $21.7 million in the period. Its revenue net of interest expense was $18.2 million, topping Street forecasts.
Orrstown shares have declined slightly more than 7 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.41, a decrease of slightly more than 5 percent in the last 12 months.
_____
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