Orange County Bancorp, Inc., through its subsidiaries, provides commercial and consumer banking products and services, and trust and wealth management services to small businesses, middle-market enterprises, local municipal governments, and affluent individuals. It accepts various deposit products, including interest-bearing and noninterest-bearing demand accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company also offers commercial real estate loans, commercial and industrial loans, commercial real estate construction loans, residential real estate loans, home equity loans, and consumer loans. In addition, it provides traditional trust and administration, asset management, financial planning, and wealth management services. The company operates 14 full-service branches and one loan production office in Orange, Westchester, Rockland, and Bronx counties in New York. Orange County Bancorp, Inc. was founded in 1892 and is headquartered in Middletown, New York.
IPO Year:
Exchange: NASDAQ
Website: orangebanktrust.com
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4 - Orange County Bancorp, Inc. /DE/ (0001754226) (Issuer)
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Net Interest Income increased $467 thousand, or 2.1%, to $23.0 million for the quarter ended September 30, 2024, from $22.5 million for the quarter ended September 30, 2023Net Interest Margin grew 3 basis points to 3.81% for the quarter ended September 30, 2024, as compared to 3.78% for the quarter ended September 30, 2023Total Loans grew $49.0 million, or 2.8%, reaching $1.8 billion at September 30, 2024 as compared to $1.7 billion at December 31, 2023.Total Deposits rose $101.3 million, or 5.0%, to $2.1 billion at September 30, 2024, from $2.0 billion at year-end 2023Book value per share increased $4.77, or 16.3%, to $34.03 at September 30, 2024, from $29.26 at December 31, 2023Trust and i
MIDDLETOWN, NY / ACCESSWIRE / September 25, 2024 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announced today the appointment of Jonathan Schiller, RPh, MBA, to the Company's and the Bank's Boards of Directors effective October 1, 2024."Jon is a proven business leader and entrepreneur with a unique background comprised of scientific and analytic experience. He will be an exceptional addition to the Board," said Michael Gilfeather, Company President and CEO. "We welcome his expertise and participation overseeing the future affairs of the Company and the Bank."Schiller is an entrepreneur with vast senior leadership experienc
HIRES KEITH BLACKMAN AS PRIVATE BANKING OFFICER MIDDLETOWN NY / ACCESSWIRE / September 9, 2024 / Orange Bank & Trust Company, an economic engine of New York's Hudson Valley for more than 132 years, is pleased to announce that Keith Blackman has joined the Bank's Private Banking Division as AVP and Private Banking Officer in Goshen. "We are thrilled that Keith has joined our team, and know he will be an invaluable asset to our clients," said David Dineen, SVP Director of Wealth Services at Orange Bank & Trust Company. "His extensive experience with Private Banking makes him a tremendous addition to our organization and underscores our efforts to continually enhance this area of specializatio
MIDDLETOWN, NY / ACCESSWIRE / August 16, 2024 / On August 15, 2024, the Board of Directors of Orange County Bancorp, Inc. (NASDAQ:OBT), the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on September 16, 2024 to shareholders of record on September 4, 2024.About Orange County Bancorp Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago. It has grown through innovation and an unw
Net Interest Income increased $1.5 million, or 6.7%, to $24.1 million for the quarter ended June 30, 2024 from $22.6 million for the quarter ended June 30, 2023Net Interest Margin grew 29 basis points, or 7.6%, to 4.10% for the quarter ended June 30, 2024, as compared to 3.81% for the quarter ended June 30, 2023Total Deposits rose $160.5 million, or 7.9%, to $2.2 billion at June 30, 2024 from $2.0 billion at year-end 2023Book value per share increased $2.09, or 7.1%, to $31.35 at June 30, 2024 from $29.26 at December 31, 2023Trust and investment advisory income rose 15.9%, to approximately $3.0 million for the quarter ended June 30, 2024, from $2.6 million for Q2 2023 MIDDLETOWN, KY / ACCESS
Cynthia Hand, Esq., Joins the Bank's Goshen Location MIDDLETOWN, NY / ACCESSWIRE / July 15, 2024 / Orange Bank & Trust Company (the "Bank"), the banking subsidiary of Orange County Bancorp, Inc. (the "Company")(NASDAQ:OBT), is pleased to announce that Cynthia Hand, Esq. has joined the Bank's Trust Services Division as Vice President and Trust Officer in Goshen."We are delighted to welcome Cynthia to our team," said Michael Gilfeather, President and CEO of Orange Bank & Trust Company. "Her combined skills in trusts and estate planning, and involvement in the local community, will complement our dedicated Trust team and support our efforts as we expand this growing area of expertise."Cynthia c
He will remain with the bank, in a part time position, as Strategic Lending Relationship OfficerEVP Deputy Chief Lending Officer, Greg Sousa to assume CLO role MIDDLETOWN, NY / ACCESSWIRE / July 1, 2024 / Orange Bank & Trust Company announced today that Michael Coulter will retire from the role of Chief Lending Officer (CLO), effective July 1, 2024. He will continue as an Executive of the Bank, in a part-time position, as Strategic Lending Relationship Officer, managing top client relationships as well as business development in the Mid-Hudson Valley market."Michael has played the lead role in the bank's nearly $1 Billion growth in loans as the bank has expanded throughout the mid and lower
Recognition Created to Empower and Elevate Women Business Leaders MIDDLETOWN, NY / ACCESSWIRE / June 11, 2024 / A gathering of the Mid-Hudson Valley business community's elite took place on Tuesday, June 4, at The Barn at Villa Venezia in Middletown as Paula Fidanza, owner, C'est La Vie Spa & Salon and partner, Fidanza Family Properties, was presented with the 2024 WGW Inspiring Leader Award.The award was presented by Orange Bank & Trust Company and Hudson Valley Investment Advisors as part of their 'Women Guiding Women' (WGW) initiative, aimed at empowering and elevating women in the business world.Fidanza comes from a family of self-employed Italian immigrants. She grew up in Orange County
MIDDLETOWN, NY / ACCESSWIRE / May 30, 2024 / Orange Bank & Trust Company, an economic engine of New York's business community for more than 132 years, announced that Senior Vice President, Anthony Pili will serve as Chief Innovation Officer, a newly created position responsible for ensuring the Bank remains a leader in providing its clients with the latest in banking technology.Orange Bank & Trust Company Senior Vice President Anthony Pili has been named Chief Innovation Officer."We're delighted to have Anthony guide Orange Bank & Trust's growth in the rapidly evolving banking and financial technology sector," said Michael Gilfeather, Orange Bank & Trust Company President and CEO. "Creating
MIDDLETOWN, NY / ACCESSWIRE / May 17, 2024 / On May 16, 2024, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on June 14, 2024 to shareholders of record on June 4, 2024.About Orange County Bancorp Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago. It has grown through innovation and an unwavering commitment to its com
4 - Orange County Bancorp, Inc. /DE/ (0001754226) (Issuer)
4 - Orange County Bancorp, Inc. /DE/ (0001754226) (Issuer)
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10-Q - Orange County Bancorp, Inc. /DE/ (0001754226) (Filer)
8-K - Orange County Bancorp, Inc. /DE/ (0001754226) (Filer)
8-K - Orange County Bancorp, Inc. /DE/ (0001754226) (Filer)
8-K - Orange County Bancorp, Inc. /DE/ (0001754226) (Filer)
10-Q - Orange County Bancorp, Inc. /DE/ (0001754226) (Filer)
8-K - Orange County Bancorp, Inc. /DE/ (0001754226) (Filer)
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EFFECT - Orange County Bancorp, Inc. /DE/ (0001754226) (Filer)
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MIDDLETOWN, NY / ACCESSWIRE / September 25, 2024 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announced today the appointment of Jonathan Schiller, RPh, MBA, to the Company's and the Bank's Boards of Directors effective October 1, 2024."Jon is a proven business leader and entrepreneur with a unique background comprised of scientific and analytic experience. He will be an exceptional addition to the Board," said Michael Gilfeather, Company President and CEO. "We welcome his expertise and participation overseeing the future affairs of the Company and the Bank."Schiller is an entrepreneur with vast senior leadership experienc
HIRES KEITH BLACKMAN AS PRIVATE BANKING OFFICER MIDDLETOWN NY / ACCESSWIRE / September 9, 2024 / Orange Bank & Trust Company, an economic engine of New York's Hudson Valley for more than 132 years, is pleased to announce that Keith Blackman has joined the Bank's Private Banking Division as AVP and Private Banking Officer in Goshen. "We are thrilled that Keith has joined our team, and know he will be an invaluable asset to our clients," said David Dineen, SVP Director of Wealth Services at Orange Bank & Trust Company. "His extensive experience with Private Banking makes him a tremendous addition to our organization and underscores our efforts to continually enhance this area of specializatio
Cynthia Hand, Esq., Joins the Bank's Goshen Location MIDDLETOWN, NY / ACCESSWIRE / July 15, 2024 / Orange Bank & Trust Company (the "Bank"), the banking subsidiary of Orange County Bancorp, Inc. (the "Company")(NASDAQ:OBT), is pleased to announce that Cynthia Hand, Esq. has joined the Bank's Trust Services Division as Vice President and Trust Officer in Goshen."We are delighted to welcome Cynthia to our team," said Michael Gilfeather, President and CEO of Orange Bank & Trust Company. "Her combined skills in trusts and estate planning, and involvement in the local community, will complement our dedicated Trust team and support our efforts as we expand this growing area of expertise."Cynthia c
He will remain with the bank, in a part time position, as Strategic Lending Relationship OfficerEVP Deputy Chief Lending Officer, Greg Sousa to assume CLO role MIDDLETOWN, NY / ACCESSWIRE / July 1, 2024 / Orange Bank & Trust Company announced today that Michael Coulter will retire from the role of Chief Lending Officer (CLO), effective July 1, 2024. He will continue as an Executive of the Bank, in a part-time position, as Strategic Lending Relationship Officer, managing top client relationships as well as business development in the Mid-Hudson Valley market."Michael has played the lead role in the bank's nearly $1 Billion growth in loans as the bank has expanded throughout the mid and lower
Ribbon-Cutting Ceremony Celebrates with Elected Officials and Business LeadersOpening Showcases Yonkers' Continued Economic DevelopmentYONKERS, NY / ACCESSWIRE / March 22, 2024 / A broad range of elected officials, business community leaders, and local residents gathered for a ribbon-cutting ceremony Thursday celebrating the opening of an Orange Bank & Trust Company branch location at 1969 Central Park Ave. in Yonkers. In attendance were New York State Sen. Shelley B. Mayer; Westchester Deputy County Executive Ken Jenkins; Yonkers City Council Minority Leader Mike Breen, Council member Tasha Diaz, Council member Anthony J. Merante; City of Yonkers Deputy Communications Director and surrogate
APPOINTS REDWAN AHMED AS CHIEF INFORMATION OFFICERMIDDLETOWN, NY / ACCESSWIRE / January 22, 2024 / Orange Bank & Trust Company, the economic engine of New York's Hudson Valley for more than 131 years, today announced the appointment of Redwan Ahmed as Chief Information Officer. The newly created position of Chief Information Officer reflects the institution's steadfast commitment to innovation and leadership in embracing new technologies that are competitive with the nation's largest banks."Bridging cutting-edge technologies and old-fashioned service is essential to our ongoing growth, and we are thrilled to welcome Redwan as part of our team," said Michael Gilfeather, Orange Bank & Trust Co
Appointment Reflects Bank's Continuous Bronx-Based GrowthMIDDLETOWN, NY / ACCESSWIRE / September 27, 2023 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announced today the appointment of Olga Luz Tirado to the Company's and the Bank's Boards of Directors effective October 1, 2023. The elevation of a longtime fixture in the Bronx business and economic development community represents the bank's continuous growth in the borough, as well as its ongoing commitment to advance diversity.Tirado is president of O Communications & Solutions, Inc., a minority- and women-owned public relations and branding agency she founded in 2017.
Appoints Jacob Rahiman as Chief Human Resources Officer and Senior Vice PresidentMIDDLETOWN, NY / ACCESSWIRE / June 15, 2023 / Orange Bank & Trust Company, the economic engine of New York's Hudson Valley for more than 131 years, today announced the appointment of Jacob Rahiman as Chief Human Resources Officer and Senior Vice President. The newly created position of Chief Human Resources Officer reflects the bank's continued robust growth, which now extends to more than 220 employees and 16 offices across Orange, Westchester, Rockland and Bronx counties."My core objective as Chief Human Resources Officer is to continue to position Orange Bank & Trust Company as the premier business and wealth
MIDDLETOWN, NY / ACCESSWIRE / February 28, 2023 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announced today the appointment of Senior Vice President Michael Listner to the role of Chief Risk Officer (CRO). Michael previously served as Co-Chief Credit Officer at the Bank. A key advisor to Bank executives overseeing credit analytics and lending, Listner will lead the organization's enterprise risk management strategy and support its future growth. "Powerful risk management is integral to the banking industry, and we have been fortunate to have Michael's leadership and expertise over the past five years," said President & C
SVP Chief Accounting Officer and Controller, Michael Lesler to assume CFO roleMIDDLETOWN, NY / ACCESSWIRE / December 21, 2022 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announced today the retirement of Robert Peacock, Senior Executive Vice President and Chief Financial Officer, effective March 15, 2023. He will be succeeded by Michael Lesler, who currently serves as Senior Vice President and Chief Accounting Officer and Controller."Rob has been a valued member of our executive team since he joined us in 2018 and his expertise and stewardship have been important to the bank's strategic direction and growth," said Michael
Net Interest Income increased $467 thousand, or 2.1%, to $23.0 million for the quarter ended September 30, 2024, from $22.5 million for the quarter ended September 30, 2023Net Interest Margin grew 3 basis points to 3.81% for the quarter ended September 30, 2024, as compared to 3.78% for the quarter ended September 30, 2023Total Loans grew $49.0 million, or 2.8%, reaching $1.8 billion at September 30, 2024 as compared to $1.7 billion at December 31, 2023.Total Deposits rose $101.3 million, or 5.0%, to $2.1 billion at September 30, 2024, from $2.0 billion at year-end 2023Book value per share increased $4.77, or 16.3%, to $34.03 at September 30, 2024, from $29.26 at December 31, 2023Trust and i
MIDDLETOWN, NY / ACCESSWIRE / August 16, 2024 / On August 15, 2024, the Board of Directors of Orange County Bancorp, Inc. (NASDAQ:OBT), the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on September 16, 2024 to shareholders of record on September 4, 2024.About Orange County Bancorp Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago. It has grown through innovation and an unw
MIDDLETOWN, NY / ACCESSWIRE / May 17, 2024 / On May 16, 2024, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on June 14, 2024 to shareholders of record on June 4, 2024.About Orange County Bancorp Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago. It has grown through innovation and an unwavering commitment to its com
MIDDLETOWN, NY / ACCESSWIRE / February 21, 2024 / On February 15, 2024, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on March 15, 2024 to shareholders of record on March 4, 2024.About Orange County Bancorp Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago. It has grown through innovation and an unwavering commitmen
MIDDLETOWN, NY / ACCESSWIRE / November 16, 2023 / On November 16, 2023, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on December 15, 2023 to shareholders of record on December 4, 2023.About Orange County Bancorp Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 130 years ago. It has grown through ongoing innovation and an unwave
MIDDLETOWN, NY / ACCESSWIRE / August 18, 2023 / On August 17, 2023, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on September 15, 2023 to shareholders of record on September 4, 2023.About Orange County Bancorp Inc. Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 130 years ago. It has grown through ongoing innovation and an unwaver
MIDDLETON, NY / ACCESSWIRE / May 19, 2023 / On May 18, 2023, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on June 14, 2023 to shareholders of record on June 2, 2023.About Orange County Bancorp Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 130 years ago. It has grown through ongoing innovation and an unwavering commitment to
MIDDLETOWN, NY / ACCESSWIRE / February 17, 2023 / On February 16, 2023, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on March 15, 2023 to shareholders of record on March 3, 2023.About Orange County Bancorp Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 130 years ago. It has grown through ongoing innovation and an unwavering c
Net income for Q4 2022 reached a quarterly record $9.1 million, a $3.6 million, or 65.0% increase, over net income of $5.5 million in Q4 2021, due primarily to increased interest incomeNet income for fiscal year 2022 reached a record $24.4 million, a $3.1 million, or 14.4% increase, over net income of $21.3 million in fiscal year 2021, also due primarily to increased interest incomeTotal assets increased $144.8 million, or 6.8%, to $2.3 billion at December 31, 2022 from $2.1 billion at December 31, 2021Total loans grew $278.0 million, or 21.5%, to $1.6 billion at December 31, 2022 from $1.3 billion at December 31, 2021Total deposits were $2.0 billion at December 31, 2022, as compared to $1.9
MIDDLETOWN, NY / ACCESSWIRE / November 18, 2022 / On November 17, 2022, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on December 15, 2022 to shareholders of record on December 2, 2022.About Orange County Bancorp, Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago. It has grown through ongoing innovation and an unwav
Orange County Bancorp (NASDAQ:OBT) reported quarterly earnings of $1.65 per share which beat the analyst consensus estimate of $1.35 by 22.22 percent. This is a 28.91 percent increase over earnings of $1.28 per share from the same period last year.
What is a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the financial services sector: Crescent Capital BDC (NASDAQ:CCAP) - P/E: 7.19 Mid Penn Bancorp (NASDAQ:MPB) - P/E: 8.93 Orrstown Finl Servs (NASDAQ:ORRF) - P/E: 7.74 Orange County Bancorp (NASDAQ:OBT) - P/E: 8.79
Orange County Bancorp (NASDAQ:OBT) reported quarterly earnings of $1.44 per share which beat the analyst consensus estimate of $1.34 by 7.46 percent. This is a 10.56 percent decrease over earnings of $1.61 per share from the same period last year. The company reported quarterly sales of $25.89 million which beat the analyst consensus estimate of $24.55 million by 5.47 percent. This is a 0.05 percent decrease over sales of $25.91 million the same period last year.
Thursday marks the last chance for investors to receive the next dividend payout from Orange County Bancorp (NASDAQ:OBT). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 23 cents per share. On Friday, Orange County Bancorp will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 23 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own OBT as of the end of Thursday's session are eligible to receive the 23 ce
Piper Sandler analyst Alexander Twerdahl maintains Orange County Bancorp (NASDAQ:OBT) with a Overweight and raises the price target from $49 to $51.
Significant Milestone Reflects Bank's Continued Growth MIDDLETOWN, NY / ACCESSWIRE / June 26, 2023 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") and Hudson Valley Investment Advisors, Inc. ("HVIA") announced today it has been added to the Russell 2000â Index, one of the most widely watched stock market indexes comprised of 2,000 small-cap US companies. The recognition represents a significant milestone in the Company's 131-year history, reflecting its continued growth and reputation as an important contributor to New York's Hudson Valley small business economy. The last full year ending December 31, 2022, was the Company'
On Thursday, 498 companies reached new 52-week lows. Things to Consider About Today's 52-Week Lows: Pfizer (NYSE:PFE) was the biggest company in terms of market cap to set a new 52-week low. The smallest company by market cap to set a new 52-week low was NovaBay Pharmaceuticals (AMEX:NBY). Mullen Automotive (NASDAQ:MULN)'s stock traded down the lowest, falling 2028.33% to reach a new 52-week low. Innoviz Technologies (NASDAQ:INVZ) shares were the most resilient, as shares rose 0.0%, rebounding from its new 52-week low. The following stocks created new 52-week lows on Thursday: Pfizer (NYSE:PFE) stock drifted down 0.18% on Thursday morning to hit a new 52-week low of $38.02. C
Orange County Bancorp (NASDAQ:OBT) reported quarterly earnings of $1.61 per share which beat the analyst consensus estimate of $1.48 by 8.78 percent. This is a 65.98 percent increase over earnings of $0.97 per share from the same period last year.
Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") announced today the retirement of Robert Peacock, Senior Executive Vice President and Chief Financial Officer, effective March 15, 2023. He will be succeeded by Michael Lesler, who currently serves as Senior Vice President and Chief Accounting Officer and Controller. "Rob has been a valued member of our executive team since he joined us in 2018 and his expertise and stewardship have been important to the bank's strategic direction and growth," said Michael Gilfeather, President and CEO. "We are tremendously grateful for his tireless commitment, sound judgement and steadfast leade