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Orrstown Financial Services (Orrstown Financial Services) Gross-Profit-to-Asset % : 4.21% (As of Dec. 2023)


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What is Orrstown Financial Services Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Orrstown Financial Services's annualized Gross Profit for the quarter that ended in Dec. 2023 was $128.7 Mil. Orrstown Financial Services's average Total Assets over the quarter that ended in Dec. 2023 was $3,059.3 Mil. Therefore, Orrstown Financial Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 4.21%.


Orrstown Financial Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Orrstown Financial Services's Gross-Profit-to-Asset % can be seen below:

* 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 Gross-Profit-to-Asset % Chart

Orrstown Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.48 4.32 4.12 4.35 4.32

Orrstown Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.32 4.42 4.20 4.21 4.29

Competitive Comparison of Orrstown Financial Services's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Orrstown Financial Services's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Orrstown Financial Services's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Orrstown Financial Services's Gross-Profit-to-Asset % falls into.



Orrstown Financial Services Gross-Profit-to-Asset % Calculation

Orrstown Financial Services's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=129.306/( (2922.408+3064.24)/ 2 )
=129.306/2993.324
=4.32 %

Orrstown Financial Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=128.708/( (3054.435+3064.24)/ 2 )
=128.708/3059.3375
=4.21 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Orrstown Financial Services Gross-Profit-to-Asset % Related Terms

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Orrstown Financial Services (Orrstown Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
77 East King Street, P.O. Box 250, Shippensburg, PA, USA, 17257
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.
Executives
Floyd E Stoner director 3402 HOLLY STREET, ALEXANDRIA VA 22305-1900
Thomas D Longenecker director 77 EAST KING STREET, P. O. BOX 250, SHIPPENSBURG PA 17257
Sean Mulcahy officer: Chief Accounting Officer 77 EAST KING STREET, SHIPPENSBURG PA 17257
Robert G Coradi officer: Chief Risk Officer 1009 STONECROFT DRIVE, HANOVER PA 17331
Matthew Dyckman officer: EVP, General Counsel C/O ORRSTOWN FINANCIAL SERVICES INC., 77 EAST KING STREET, P.O. BOX 250, SHIPPENSBERG PA 17257
Christopher D Holt officer: Executive Vice President 77 EAST KING STREET, CHAMBERSBURG PA 17257
Neelesh Kalani officer: Chief Accounting Officer SUN BANCORP, INC., 226 LANDIS AVENUE, VINELAND PA 19087
Quinn Thomas R Jr officer: President/CEO 61 ASHTON STREET, CARLISLE PA 17013
David Todd Hornberger officer: Executive Vice President 77 EAST KING STREET, SHIPPENSBURG PA 17257
Jeffrey S Gayman officer: Senior Vice President 70 PINE CREEK DRIVE, CARLISLE PA 17013
Philip E Fague officer: Executive Vice President 9754 FOREST RIDGE ROAD, SHIPPENSBURG PA 17257
Meera R Modi director 4750 LINDLE ROAD, HARRISBURG PA 17111
Cindy Jeannette Joiner director 77 EAST KING STREET, P O BOX 250, SHIPPENSBURG PA 17257
Joel R Zullinger director 1441 EDGAR AVE, CHAMBERSBURGH PA 17201
Andrea L Pugh director 7970 EBENEZER ROAD, ORRSTOWN PA 17244

Orrstown Financial Services (Orrstown Financial Services) Headlines