Orrstown: Q4 Earnings Snapshot

SHIPPENSBURG, Pa. (AP) — SHIPPENSBURG, Pa. (AP) — Orrstown Financial Services Inc. (ORRF) on Tuesday reported net income of $7.6 million in its fourth quarter.

The Shippensburg, Pennsylvania-based bank said it had earnings of 73 cents per share.

The holding company for Orrstown Bank posted revenue of $46.5 million in the period. Its revenue net of interest expense was $32.5 million, meeting Street forecasts.

For the year, the company reported profit of $35.7 million, or $3.42 per share. Revenue was reported as $130.6 million.


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

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