Orrstown Financial Services (ORRF)
Delivers commercial, consumer, and wealth-management banking across Pennsylvania and Maryland.
Something off on this page? Send us feedback.
Operates as a single-segment community bank, offering commercial and agricultural lending, consumer and home-equity banking, residential mortgages, and wealth management through Orrstown Financial Advisors across Pennsylvania and Maryland. The franchise roughly doubled in size in mid-2024 by merging with York, Pennsylvania-based Codorus Valley Bancorp, folding its PeoplesBank subsidiary into Orrstown Bank.
Grew out of a single-branch bank founded in Orrstown, Pennsylvania, in 1919, organized under a holding company in 1987. The bank, run under the Orrstown Bank name, now operates 42 offices across 17 counties in Pennsylvania and Maryland.
Community Banking is the sole reportable segment: commercial and agricultural lending, consumer deposits and home-equity credit, residential mortgages, and municipal loans. Wealth management runs through Orrstown Financial Advisors' trust, custody, and investment-advisory services, plus retail brokerage via a third-party broker-dealer.
The franchise roughly doubled in size in mid-2024 through a merger of equals with Codorus Valley Bancorp of York, Pennsylvania, folding its PeoplesBank subsidiary into Orrstown Bank and reaching into the Baltimore, Maryland area. Adam L. Metz succeeded Thomas Quinn as President and CEO in mid-2026, after Quinn's seventeen-year tenure.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 9, 2026 | Raymond James | Initiate | Rating: — | |
| May 15, 2026 | D.A. Davidson | Target | Target: — | Target: $41 |
| Nov 13, 2024 | Hovde Group | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.01B · Total debt $282.4M · Total assets $5.61B · Shareholders' equity $621.7M
- Revenue
- $88.5M
- Operating income
- $24.7M
- Net income
- $21.2M
HistoryDividendAnnual yield
| Institutions | 62.74% | 12.34M shares | |
|---|---|---|---|
| 164 holders · as of Jun 30, 2026 | |||
| Insiders | 1.54% | 302.4K shares | |
| 33 holders · as of Aug 7, 2026 | |||
| Other | 35.72% | 7.03M shares | |
| remainder | |||
19.67M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.54% | 1.68M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 4.91% | 964,868 | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.25% | 835,238 | as of Jun 30, 2026 |
State Street CorpInstitution | 3.46% | 679,718 | as of Jun 30, 2026 |
Charles Schwab Investment Management IncInstitution | 3.38% | 665,017 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 6, 2026 | Michael John Rice | director | −2,530 | $43.16 |
| Jul 27, 2026 | Amy Doll | officer: EVP, Chief Admin. Officer | −3,002 | $41.61 |
| Mar 18, 2026 | Brian D. Brunner | director | +1,000 | $34.02 |
| Mar 11, 2026 | Christopher D. Holt | officer: EVP, Market President | −7,820 | $34.29 |
| Feb 19, 2026 | Thomas R. Jr Quinn | director, officer: President & CEO | −10,373 | $37.43 |
- ACNB
Gettysburg, PA bank holding company sharing PA/MD community banking footprint
- Mid Penn Bancorp
Harrisburg, PA bank holding company operating Mid Penn Bank across PA and NJ
- Fulton Financial
Contests PA/MD community and commercial banking at $30B super-regional scale
- Univest Financial
PA community bank paralleling commercial banking and wealth management scope
- S&T Bancorp
Overlaps in Pennsylvania commercial and community banking, larger scale
- Citizens & Northern
PA community bank and trust-services peer; core footprints barely overlap
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Orrstown Financial Services | $41.41 | −0.36% | $816.6M | 9.0 | 9.6 | 2.3 | +0.4% |
| ACNB | $63.33 | −0.95% | $653.0M | 12.1 | 11.1 | 3.3 | −14.8% |
| Mid Penn Bancorp | $36.13 | −0.96% | $924.6M | 11.8 | 9.9 | 2.5 | +41.2% |
| Fulton Financial | $22.90 | −0.54% | $4.40B | 11.0 | 10.4 | 2.3 | +13.5% |
| Univest Financial | $41.58 | −0.63% | $1.15B | 12.1 | 10.7 | 2.2 | +4.1% |
| S&T Bancorp | $49.14 | −0.22% | $1.74B | 13.2 | 12.4 | 3.1 | +5.2% |
| Citizens & Northern | $25.30 | −1.48% | $460.1M | 17.4 | 9.4 | 2.8 | +46.4% |
| Median | 12.1 | 10.6 | 2.6 | +9.3% |