Orange County Bancorp, Inc. /DE/ OBT
Orange County Bancorp, Inc. (the "Company") is a bank holding company incorporated under Delaware law in 2007 and headquartered in Middletown, New York. Through its wholly owned subsidiaries, Orange Bank & Trust Company, a New York state-chartered trust company (the "Bank") and Orange Investment Advisors, Inc., a registered investment advisor ("OIA"), the Company offers full- service commercial and consumer banking products and services and trust and wealth management services to small businesses, middle-market enterprises, local municipal governments and individuals in the Lower Hudson Valley region, the New York metropolitan area and nearby markets in Connecticut and New Jersey. The Company's main office is located at 212 Dolson Avenue, Middletown, New York 10940.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $135.0M | $127.2M | $117.8M | $84.2M | $64.4M | $53.5M | — |
| Interest expense | $104.1M | $91.8M | $88.4M | $6.1M | $4.0M | $4.7M | — |
| Pre-tax income | $51.6M | $34.8M | $37.1M | $30.3M | $26.7M | $14.5M | — |
| Income tax | $9.9M | $6.9M | $7.7M | $5.9M | $5.4M | $2.8M | — |
| Net income | $41.6M | $27.9M | $29.5M | $24.4M | $21.3M | $11.7M | — |
| EPS, basic | 3.33 | 2.47 | 2.62 | 4.33 | 4.28 | 2.59 | — |
| EPS, diluted | 3.33 | 2.47 | 2.62 | 4.33 | 4.28 | 2.59 | — |
| Shares, diluted (wtd. avg.) | $12.5M | $11.3M | $11.3M | $5.6M | $5.0M | $4.5M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $204.2M | $150.3M | $147.4M | $86.1M | $306.2M | $121.2M | $25.1M |
| Property, plant and equipment | $15.5M | $15.8M | $16.2M | $14.7M | $14.6M | $14.0M | — |
| Goodwill | $5.4M | $5.4M | $5.4M | $5.4M | $5.4M | $5.4M | $5.4M |
| Other intangibles | $535.0K | $821.0K | $1.1M | $1.4M | $1.7M | $2.0M | — |
| Total assets | $2.66B | $2.51B | $2.49B | $2.29B | $2.14B | $1.66B | — |
| Total liabilities | $2.38B | $2.32B | $2.32B | $2.15B | $1.96B | $1.53B | — |
| Retained earnings | $164.4M | $129.9M | $107.4M | $84.6M | $64.9M | $47.7M | — |
| Total equity | $284.4M | $185.5M | $165.4M | $138.1M | $182.8M | $135.4M | $122.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $43.8M | $34.6M | $44.5M | $30.5M | $20.3M | $11.3M | — |
| Depreciation and amortisation | $1.5M | $1.7M | $1.7M | $1.4M | $1.4M | $1.3M | — |
| Capital expenditure | $2.5M | $1.7M | $3.5M | $1.5M | $2.0M | $692.0K | — |
| Investing cash flow | -$74.2M | -$29.4M | -$144.9M | -$434.1M | -$291.3M | -$331.0M | — |
| Financing cash flow | $84.2M | -$2.2M | $161.7M | $183.5M | $455.9M | $415.7M | — |
| Dividends paid | $7.1M | $5.3M | $5.2M | $4.7M | $4.0M | $3.6M | — |
| Buybacks | $158.0K | $518.0K | $447.0K | $308.0K | $379.0K | $1.2M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-028308.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |