What is Orrstown Financial Services Efficiency Overhead Ratio %?
Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.
Orrstown Financial Services's Efficiency Overhead Ratio % for the quarter that ended in Dec. 2023 was 68.90%
, which is higher than
63.60% for the pervious quarter ended in Sep. 2023.
Orrstown Financial Services's Efficiency Overhead Ratio % for the annual that ended in Dec. 2023 was 64.20%
, which is lower than
75.70% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Orrstown Financial Services's Efficiency Overhead Ratio % or its related term are showing as below:
ORRF's Efficiency Overhead Ratio % is not ranked *
in the Banks industry.
Industry Median: * Ranked among companies with meaningful Efficiency Overhead Ratio % only.
Orrstown Financial Services Efficiency Overhead Ratio % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Orrstown Financial Services Efficiency Overhead Ratio % Chart
Competitive Comparison of Orrstown Financial Services's Efficiency Overhead Ratio %
For the Banks - Regional subindustry, Orrstown Financial Services's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Orrstown Financial Services (NAS:ORRF) Efficiency Overhead Ratio % Calculation
Efficiency Overhead Ratio % is calculated as
Efficiency Overhead Ratio %
=
Non-interest Expenses
/
Revenue
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Orrstown Financial Services (NAS:ORRF) Efficiency Overhead Ratio % Explanation
Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.
An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.
Orrstown Financial Services Efficiency Overhead Ratio % Related Terms
Thank you for viewing the detailed overview of Orrstown Financial Services's Efficiency Overhead Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Orrstown Financial Services (Orrstown Financial Services) Business Description
Orrstown Financial Services Inc is a holding company engaged in commercial banking and trust business, this involves accepting demand, time and savings deposits, and granting loans. It is also engaged in lending services for commercial, residential, commercial mortgages, construction, municipal, and various forms of consumer lending. Deposit services include checking, savings, time, and money market deposits. It also provides investment and brokerage services through its Financial Advisors division. The company operates in a significant segment - Community Banking.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ORRF has been successfully added to your 