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Orrstown Financial Services (Orrstown Financial Services) Retained Earnings : $124.1 Mil (As of Mar. 2024)


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What is Orrstown Financial Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Orrstown Financial Services's retained earnings for the quarter that ended in Mar. 2024 was $124.1 Mil.

Orrstown Financial Services's quarterly retained earnings increased from Sep. 2023 ($112.1 Mil) to Dec. 2023 ($117.7 Mil) and increased from Dec. 2023 ($117.7 Mil) to Mar. 2024 ($124.1 Mil).

Orrstown Financial Services's annual retained earnings increased from Dec. 2021 ($78.7 Mil) to Dec. 2022 ($92.5 Mil) and increased from Dec. 2022 ($92.5 Mil) to Dec. 2023 ($117.7 Mil).


Orrstown Financial Services Retained Earnings Historical Data

The historical data trend for Orrstown Financial Services's Retained Earnings 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 Retained Earnings Chart

Orrstown Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.25 54.10 78.70 92.47 117.67

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
Retained Earnings 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 97.52 105.24 112.14 117.67 124.08

Orrstown Financial Services Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Orrstown Financial Services  (NAS:ORRF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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