
OBT Stock Forecast & Price Target
OBT Analyst Ratings
Bulls say
Orange County Bancorp's tangible book value per share (TBVPS) increased by $1.30 to $18.45, representing an 8% sequential growth, suggesting strong financial health and positive investor sentiment. The company's capital levels improved due to solid earnings and a recent capital raise, reinforcing its stability and capacity to support future growth. Although nonperforming loans rose to $11.7 million, representing 0.61% of total loans, this ratio remains competitive compared to industry peers, indicating effective risk management and maintaining overall asset quality.
Bears say
The efficiency ratio for Orange County Bancorp declined marginally from 59% to 57%, indicating a slight deterioration in cost management. Additionally, the percentage of revenue generated from fees decreased from 16% to 15%, reflecting potential challenges in generating income from ancillary services. Furthermore, despite a small increase in the loan-to-deposit ratio from 81% to 84%, this figure remains relatively low, suggesting that the company may not be effectively utilizing its deposit base to drive loan growth.
This aggregate rating is based on analysts' research of Orange County Bancorp and is not a guaranteed prediction by Public.com or investment advice.
OBT Analyst Forecast & Price Prediction
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