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ORRF (Orrstown Financial Services) Equity-to-Asset : 0.09 (As of Sep. 2024)


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What is Orrstown Financial Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Orrstown Financial Services's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $516.2 Mil. Orrstown Financial Services's Total Assets for the quarter that ended in Sep. 2024 was $5,470.6 Mil. Therefore, Orrstown Financial Services's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.09.

The historical rank and industry rank for Orrstown Financial Services's Equity-to-Asset or its related term are showing as below:

ORRF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.11
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Orrstown Financial Services was 0.11. The lowest was 0.08. And the median was 0.09.

ORRF's Equity-to-Asset is ranked worse than
52.28% of 1536 companies
in the Banks industry
Industry Median: 0.1 vs ORRF: 0.09

Orrstown Financial Services Equity-to-Asset Historical Data

The historical data trend for Orrstown Financial Services's Equity-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 Equity-to-Asset Chart

Orrstown Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.10 0.08 0.09

Orrstown Financial Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-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 0.08 0.09 0.09 0.09 0.09

Competitive Comparison of Orrstown Financial Services's Equity-to-Asset

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

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

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



Orrstown Financial Services Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Orrstown Financial Services's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=265.056/3064.24
=0.09

Orrstown Financial Services's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=516.206/5470.589
=0.09

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Orrstown Financial Services Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Orrstown Financial Services's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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 earns fees from its deposit clients for transaction-based, account maintenance, and overdraft services, it also earns wealth management and investment brokerage fees from its contracts with trust. The company operates in a significant segment - Community Banking.
Executives
David Todd Hornberger officer: Executive Vice President 77 EAST KING STREET, SHIPPENSBURG PA 17257
Cindy Jeannette Joiner director 77 EAST KING STREET, P O BOX 250, SHIPPENSBURG PA 17257
Christopher D Holt officer: Executive Vice President 77 EAST KING STREET, CHAMBERSBURG PA 17257
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
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
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
Joel R Zullinger director 1441 EDGAR AVE, CHAMBERSBURGH PA 17201
Andrea L Pugh director 7970 EBENEZER ROAD, ORRSTOWN PA 17244