Hovde Group initiated coverage on Orange County Bancorp with a new price target
$OBT
Major Banks
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Hovde Group initiated coverage of Orange County Bancorp with a rating of Outperform and set a new price target of $30.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/10/2025 | $30.50 → $29.50 | Outperform | Hovde Group |
| 5/12/2025 | $30.50 | Outperform | Hovde Group |
8-K - Orange County Bancorp, Inc. /DE/ (0001754226) (Filer)
8-K - Orange County Bancorp, Inc. /DE/ (0001754226) (Filer)
SCHEDULE 13G/A - Orange County Bancorp, Inc. /DE/ (0001754226) (Subject)
4 - Orange County Bancorp, Inc. /DE/ (0001754226) (Issuer)
4 - Orange County Bancorp, Inc. /DE/ (0001754226) (Issuer)
4 - Orange County Bancorp, Inc. /DE/ (0001754226) (Issuer)
KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Middletown, New York-based Orange County Bancorp, Inc. (NASDAQ:OBT) ("Orange" or "the company"). In addition, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to its main subsidiary, Orange Bank & Trust Company ("the bank"). The Outlook for all long-term ratings is Stable. Orange's ratings are supported by its best-in-class deposit franchise, which ranks among the lowest in terms of deposit costs in the KBRA rated universe (1.30% in 2Q25). This position is reinforced by
MIDDLETOWN, N.Y., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Orange County Bancorp, Inc. (NASDAQ:OBT), parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., today announced a declaration of a $0.13 cash dividend per share of its common stock. The dividend will be paid on September 16, 2025 to shareholders of record on September 8, 2025. 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 commitme
Net Income increased $2.3 million, or 27.4%, to $10.5 million for the quarter ended June 30, 2025 from $8.2 million for the quarter ended June 30, 2024Net Interest Income grew $1.0 million, or 4.2%, to $25.1 million for the quarter ended June 30, 2025, as compared to $24.1 million for the quarter ended June 30, 2024Total Deposits rose $123.4 million, or 5.7%, to $2.3 billion at June 30, 2025, from $2.2 billion at year-end 2024Total Loans increased $102.1 million, or 5.6%, to $1.9 billion at June 30, 2025, from $1.8 billion at year-end 2024Book value per share increased $2.55, or 15.6%, to $18.90 at June 30, 2025, from $16.35 at December 31, 2024Trust and investment advisory income rose 14.8%
4 - Orange County Bancorp, Inc. /DE/ (0001754226) (Issuer)
4 - Orange County Bancorp, Inc. /DE/ (0001754226) (Issuer)
4 - Orange County Bancorp, Inc. /DE/ (0001754226) (Issuer)
Hovde Group reiterated coverage of Orange County Bancorp with a rating of Outperform and set a new price target of $29.50 from $30.50 previously
Hovde Group initiated coverage of Orange County Bancorp with a rating of Outperform and set a new price target of $30.50
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
MIDDLETOWN, N.Y., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Orange County Bancorp, Inc. (NASDAQ:OBT), parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., today announced a declaration of a $0.13 cash dividend per share of its common stock. The dividend will be paid on September 16, 2025 to shareholders of record on September 8, 2025. 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 commitme
MIDDLETOWN, N.Y., May 16, 2025 (GLOBE NEWSWIRE) -- Orange County Bancorp, Inc. (NASDAQ:OBT), parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. today announced a declaration of a $0.13 cash dividend per share of its common stock. The dividend will be paid on June 16, 2025 to shareholders of record on June 4, 2025. 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 c
Highlights include: Net interest margin of 3.95% for the quarter ended March 31, 2025 increased 31 basis points, or 8.5%, versus 3.64% for the quarter ended March 31, 2024Total Deposits grew $128.3 million, or 6.0%, reaching $2.3 billion at March 31, 2025 as compared to $2.2 billion at December 31, 2024Total Loans of $1.9 billion at March 31, 2025 increased $38.5 million, or 2.1%, from $1.8 billion at December 31, 2024Net Income reached $8.7 million for the three months ended March 31, 2025 representing a decrease of $586 thousand, or 6.3%, as compared to $9.3 million for the three months ended March 31, 2024Trust and investment advisory income rose $553 thousand, or 19.2%, to $3.4 millio
SC 13G/A - Orange County Bancorp, Inc. /DE/ (0001754226) (Subject)
SC 13G/A - Orange County Bancorp, Inc. /DE/ (0001754226) (Subject)
SC 13G - Orange County Bancorp, Inc. /DE/ (0001754226) (Subject)