Orrstown Financial Services (ORRF) Revenue & Revenue Breakdown
Orrstown Financial Services Revenue Highlights
Latest Revenue (Y)
$176.01M
Latest Revenue (Q)
$50.45M
Main Segment (Y)
Products And Services, Trust And Investment Management Income
Orrstown Financial Services Revenue by Period
Orrstown Financial Services Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $176.01M | 13576.07% |
| 2022-12-31 | $1.29M | -98.89% |
| 2021-12-31 | $116.13M | 3.76% |
| 2020-12-31 | $111.92M | 14.39% |
| 2019-12-31 | $97.84M | 33.61% |
| 2018-12-31 | $73.22M | 14.85% |
| 2017-12-31 | $63.76M | 13.28% |
| 2016-12-31 | $56.28M | 5.18% |
| 2015-12-31 | $53.51M | 1.20% |
| 2014-12-31 | $52.88M | 5.98% |
| 2013-12-31 | $49.90M | -18.41% |
| 2012-12-31 | $61.15M | -19.78% |
| 2011-12-31 | $76.23M | 9.63% |
| 2010-12-31 | $69.53M | 27.66% |
| 2009-12-31 | $54.46M | 12.71% |
| 2008-12-31 | $48.32M | 11.27% |
| 2007-12-31 | $43.43M | 12.79% |
| 2006-12-31 | $38.50M | 20.55% |
| 2005-12-31 | $31.94M | 23.43% |
| 2004-12-31 | $25.88M | 11.73% |
| 2003-12-31 | $23.16M | 12.71% |
| 2002-12-31 | $20.55M | 15.56% |
| 2001-12-31 | $17.78M | 17.12% |
| 2000-12-31 | $15.18M | 9.77% |
| 1999-12-31 | $13.83M | 448.20% |
| 1998-12-31 | $2.52M | 42.87% |
| 1997-12-31 | $1.77M | 16.41% |
| 1996-12-31 | $1.52M | 25.89% |
| 1995-12-31 | $1.21M | 29.43% |
| 1994-12-31 | $931.00K | - |
Orrstown Financial Services generated $176.01M in revenue during NA 2023, up 13576.07% compared to the previous quarter, and up 240.37% compared to the same period a year ago.
Orrstown Financial Services Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $50.45M | 2.38% |
| 2024-03-31 | $49.28M | 5.94% |
| 2023-12-31 | $46.52M | 44.72% |
| 2023-09-30 | $32.14M | -4.14% |
| 2023-06-30 | $33.53M | 3.59% |
| 2023-03-31 | $32.37M | 9563.28% |
| 2022-12-31 | $335.00K | -98.94% |
| 2022-09-30 | $31.51M | 9809.75% |
| 2022-06-30 | $318.00K | 4.26% |
| 2022-03-31 | $305.00K | -98.98% |
| 2021-12-31 | $29.89M | 5.73% |
| 2021-09-30 | $28.27M | -1.03% |
| 2021-06-30 | $28.57M | -2.84% |
| 2021-03-31 | $29.40M | -4.89% |
| 2020-12-31 | $30.91M | 11.67% |
| 2020-09-30 | $27.68M | -1.11% |
| 2020-06-30 | $27.99M | 10.48% |
| 2020-03-31 | $25.34M | 1.46% |
| 2019-12-31 | $24.97M | -5.53% |
| 2019-09-30 | $26.43M | 0.46% |
| 2019-06-30 | $26.31M | 32.11% |
| 2019-03-31 | $19.92M | 0.67% |
| 2018-12-31 | $19.78M | 8.73% |
| 2018-09-30 | $18.20M | 1.89% |
| 2018-06-30 | $17.86M | 2.71% |
| 2018-03-31 | $17.39M | 5.32% |
| 2017-12-31 | $16.51M | 1.05% |
| 2017-09-30 | $16.34M | -0.02% |
| 2017-06-30 | $16.34M | 12.14% |
| 2017-03-31 | $14.57M | -0.73% |
| 2016-12-31 | $14.68M | 6.35% |
| 2016-09-30 | $13.80M | 2.33% |
| 2016-06-30 | $13.49M | -4.71% |
| 2016-03-31 | $14.15M | 12.06% |
| 2015-12-31 | $12.63M | -5.31% |
| 2015-09-30 | $13.34M | 0.56% |
| 2015-06-30 | $13.27M | -1.57% |
| 2015-03-31 | $13.48M | 4.62% |
| 2014-12-31 | $12.88M | -0.49% |
| 2014-09-30 | $12.95M | -3.48% |
| 2014-06-30 | $13.41M | 4.99% |
| 2014-03-31 | $12.77M | 10.39% |
| 2013-12-31 | $11.57M | -6.41% |
| 2013-09-30 | $12.37M | - |
| 2013-06-30 | $12.37M | -1.39% |
| 2013-03-31 | $12.54M | -8.04% |
| 2012-12-31 | $13.63M | -1.97% |
| 2012-09-30 | $13.91M | -16.07% |
| 2012-06-30 | $16.57M | -2.72% |
| 2012-03-31 | $17.04M | -10.19% |
| 2011-12-31 | $18.97M | -12.89% |
| 2011-09-30 | $21.78M | 20.85% |
| 2011-06-30 | $18.02M | -19.54% |
| 2011-03-31 | $22.39M | 25.77% |
| 2010-12-31 | $17.81M | -0.39% |
| 2010-09-30 | $17.88M | -5.86% |
| 2010-06-30 | $18.99M | 26.84% |
| 2010-03-31 | $14.97M | -2.89% |
| 2009-12-31 | $15.41M | 10.93% |
| 2009-09-30 | $13.90M | 5.58% |
| 2009-06-30 | $13.16M | 9.77% |
| 2009-03-31 | $11.99M | -2.77% |
| 2008-12-31 | $12.33M | 1.48% |
| 2008-09-30 | $12.15M | -1.26% |
| 2008-06-30 | $12.31M | 6.77% |
| 2008-03-31 | $11.53M | 1.26% |
| 2007-12-31 | $11.38M | - |
Orrstown Financial Services generated $50.45M in revenue during Q2 2024, up 2.38% compared to the previous quarter, and up 155.85% compared to the same period a year ago.
Orrstown Financial Services Revenue Breakdown
Orrstown Financial Services Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Products And Services, Merchant And Bankcard Fees (Interchange Income) | $3.87M | $4.06M | $4.13M | $3.42M | $3.28M |
| Products And Services, Service Charges On Deposits | $4.27M | $4.16M | $3.34M | $3.11M | $3.79M |
| Products And Services, Trust And Investment Management Income | $7.69M | $7.63M | $7.90M | $6.91M | $7.25M |
| Products And Services, Brokerage Income | $3.65M | $3.62M | $3.57M | $2.82M | $2.43M |
| Swap Referral Fees | - | - | - | - | - |
| Loan Swap Referral Fees | - | - | - | $847.00K | $1.20M |
| Products And Services, Non Interest Income | - | - | - | - | $17.95M |
Orrstown Financial Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Products And Services, Trust And Investment Management Income (39.48%), Products And Services, Service Charges On Deposits (21.90%), Products And Services, Merchant And Bankcard Fees (Interchange Income) (19.88%), and Products And Services, Brokerage Income (18.73%).
Quarterly Revenue by Product
| Product/Service | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|
| Products And Services, Merchant And Bankcard Fees (Interchange Income) | $843.00K | $843.00K | $736.00K | $681.00K | $711.00K | - |
| Products And Services, Loan Swap Referral Fees | $629.00K | - | - | - | - | - |
| Products And Services, Brokerage Income | $654.00K | $672.00K | $478.00K | $455.00K | $501.00K | $558.00K |
| Products And Services, Trust And Investment Management Income | $1.89M | $1.75M | $1.76M | $1.67M | $1.70M | - |
| Products And Services, Service Charges On Deposits | $1.02M | $935.00K | $842.00K | $926.00K | $835.00K | $838.00K |
| Products And Services, Non Interest Income | $5.04M | $4.20M | $3.81M | $3.73M | $3.75M | $3.72M |
| Products and Services, Merchant And Bankcard Fees (interchange Income) | - | - | - | - | - | $655.00K |
| Products And Services, Investment Advisory Income | - | - | - | - | - | $1.67M |
Orrstown Financial Services's latest quarterly revenue breakdown by segment (product or service), as of Sep 19: Products And Services, Non Interest Income (50.00%), Products And Services, Trust And Investment Management Income (18.76%), Products And Services, Service Charges On Deposits (10.16%), Products And Services, Merchant And Bankcard Fees (Interchange Income) (8.36%), Products And Services, Brokerage Income (6.48%), and Products And Services, Loan Swap Referral Fees (6.24%).
Orrstown Financial Services Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|
| Products And Services, Brokerage Income | $654.00K | $672.00K | $478.00K | $455.00K | $501.00K | $558.00K |
| Products And Services, Service Charges On Deposits | $1.02M | $935.00K | $842.00K | $926.00K | $835.00K | $838.00K |
| Products And Services, Loan Swap Referral Fees | $629.00K | - | - | - | - | - |
| Products And Services, Trust And Investment Management Income | $1.89M | $1.75M | $1.76M | $1.67M | $1.70M | - |
| Products And Services, Non Interest Income | $5.04M | $4.20M | $3.81M | $3.73M | $3.75M | $3.72M |
| Products And Services, Merchant And Bankcard Fees (Interchange Income) | $843.00K | $843.00K | $736.00K | $681.00K | $711.00K | - |
| Products And Services, Investment Advisory Income | - | - | - | - | - | $1.67M |
| Products and Services, Merchant And Bankcard Fees (interchange Income) | - | - | - | - | - | $655.00K |
Orrstown Financial Services's latest quarterly revenue breakdown by geography, as of Sep 19: Products And Services, Non Interest Income (50.00%), Products And Services, Trust And Investment Management Income (18.76%), Products And Services, Service Charges On Deposits (10.16%), Products And Services, Merchant And Bankcard Fees (Interchange Income) (8.36%), Products And Services, Brokerage Income (6.48%), and Products And Services, Loan Swap Referral Fees (6.24%).
Orrstown Financial Services Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ORRF | Orrstown Financial Services | $176.01M | $50.45M |
| CVLY | Codorus Valley Bancorp | $129.76M | $34.02M |
| OVLY | Oak Valley Bancorp | $87.34M | $18.76M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| RBKB | Rhinebeck Bancorp | $66.39M | $17.29M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| AFBI | Affinity Bancshares | $45.17M | $12.93M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
| FCCO | First Community | $10.42M | $25.48M |
ORRF Revenue FAQ
What is Orrstown Financial Services’s yearly revenue?
Orrstown Financial Services's yearly revenue for 2023 was $176.01M, representing an increase of 13576.07% compared to 2022. The company's yearly revenue for 2022 was $1.29M, representing a decrease of -98.89% compared to 2021. ORRF's yearly revenue for 2021 was $116.13M, representing an increase of 3.76% compared to 2020.
What is Orrstown Financial Services’s quarterly revenue?
Orrstown Financial Services's quarterly revenue for Q2 2024 was $50.45M, a 2.38% increase from the previous quarter (Q1 2024), and a 50.46% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $49.28M, a 5.94% increase from the previous quarter (Q4 2023), and a 52.23% increase year-over-year (Q1 2023). ORRF's quarterly revenue for Q4 2023 was $46.52M, a 44.72% increase from the previous quarter (Q3 2023), and a 13786.27% increase year-over-year (Q4 2022).
What is Orrstown Financial Services’s revenue growth rate?
Orrstown Financial Services's revenue growth rate for the last 3 years (2021-2023) was 51.57%, and for the last 5 years (2019-2023) was 79.90%.
What are Orrstown Financial Services’s revenue streams?
Orrstown Financial Services's revenue streams in c 23 are Products And Services, Merchant And Bankcard Fees (Interchange Income), Products And Services, Service Charges On Deposits, Products And Services, Trust And Investment Management Income, and Products And Services, Brokerage Income. Products And Services, Merchant And Bankcard Fees (Interchange Income) generated $3.87M in revenue, accounting 19.88% of the company's total revenue, down -4.51% year-over-year. Products And Services, Service Charges On Deposits generated $4.27M in revenue, accounting 21.90% of the company's total revenue, up 2.62% year-over-year. Products And Services, Trust And Investment Management Income generated $7.69M in revenue, accounting 39.48% of the company's total revenue, up 0.79% year-over-year. Products And Services, Brokerage Income generated $3.65M in revenue, accounting 18.73% of the company's total revenue, up 0.80% year-over-year.
What is Orrstown Financial Services’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Orrstown Financial Services was Products And Services, Trust And Investment Management Income. This segment made a revenue of $7.69M, representing 39.48% of the company's total revenue.