OBT

Promotions at Orange Bank & Trust: Orange Bank & Trust Company has promoted Carla Alfieri to Senior Vice President, Director of Private Banking, and Jacqueline Weimmer to Director of Trust Services to enhance their Orange Wealth Management division.

Leadership Experience: Both Alfieri and Weimmer bring extensive experience in their respective fields, with Alfieri focusing on high-net-worth client relationships and personalized financial solutions, while Weimmer will oversee trust services and estate planning, ensuring effective implementation of clients' intentions.

Promotions at Orange Bank & Trust: Orange Bank & Trust Company has promoted Carla Alfieri to Senior Vice President, Director of Private Banking, and Jacqueline Weimmer to Director of Trust Services to support the growth of Orange Wealth Management.

Leadership Experience: Both Alfieri and Weimmer bring extensive experience in their respective fields, with Alfieri focusing on high-net-worth client relationships and personalized financial solutions, while Weimmer will manage trust services and estate planning for clients.

Dividend Declaration: Orange County Bancorp, Inc. has declared a cash dividend of $0.13 per share, payable on March 17, 2025, to shareholders recorded by March 4, 2025.

Company Overview: The company, which includes Orange Bank & Trust Company and Hudson Valley Investment Advisors, has a legacy of over 125 years and approximately $2.5 billion in total assets, emphasizing innovation and community service.

Dividend Decrease: Orange County Bancorp has declared a quarterly dividend of $0.13 per share, which is a 48% decrease from the previous dividend of $0.25.

Stock Split Announcement: The company also announced a two-for-one stock split, with the dividend payable on March 17 for shareholders of record as of March 4.

Dividend Declaration: Orange County Bancorp has declared a quarterly dividend of $0.13 per share, which is a 4% increase from the previous dividend of $0.125, with a forward yield of 2.04%.

Stock Split Announcement: The company also announced a two-for-one stock split, with the dividend payable on March 17 to shareholders of record as of March 4.

Realignment of Wealth Management Services: Orange County Bancorp, Inc. has announced a restructuring of its internal divisions to enhance its wealth management services under the new name Orange Wealth Management, led by David P. Dineen, aimed at better serving high-net-worth clients and integrating personal and business banking.

Growth and Strategic Positioning: The company aims to capitalize on the ongoing "Great Wealth Transfer" and expand its fee-based revenue stream, having grown Hudson Valley Investment Advisors' assets under management from $465 million to over $1.7 billion since its acquisition in 2012.

Stock Split Announcement: Orange County Bancorp, Inc. has declared a two-for-one forward stock split effective January 8, 2025, with trading on a split-adjusted basis starting January 13, 2025, increasing the number of outstanding shares from approximately 5.7 million to 11.4 million.

Company Overview: The company, which includes Orange Bank & Trust Co. and Hudson Valley Investment Advisors, Inc., has a history of over 125 years and currently holds about $2.5 billion in total assets, emphasizing its commitment to community and business clientele.

Stock Split Announcement: Orange County Bancorp, Inc. will execute a two-for-one forward stock split on January 8, 2025, increasing outstanding shares from approximately 5.7 million to 11.4 million and reducing the par value per share from $0.50 to $0.25.

Trading Schedule: Shareholders on record by January 8 will receive additional shares after market close on January 10, with trading on a split-adjusted basis starting January 13, 2025.

Stock Split Announcement: Orange County Bancorp, Inc. has declared a two-for-one forward stock split, increasing the number of outstanding shares from approximately 5.7 million to 11.4 million, effective January 10, 2025.

Management's Perspective: CEO Michael Gilfeather stated that the stock split aims to enhance shareholder value by making stock ownership more accessible and attracting new investors.

Stock Split Announcement: Orange County Bancorp, Inc. will execute a two-for-one stock split on January 10, 2025, increasing outstanding shares from approximately 5.7 million to 11.4 million and reducing the par value per share from $0.50 to $0.25.

CEO's Statement: President and CEO Michael Gilfeather stated that the stock split aims to enhance shareholder value by making stock ownership more accessible and attracting new investors.

Market Overview: The post-election rally in the stock market has resumed, with the Dow and S&P 500 reaching new all-time highs, driven by hopes of lower taxes and fewer regulations under Trump's administration. However, concerns over potential tariffs and geopolitical tensions are causing volatility among investors.

Dividend-Paying Stocks: Analysts recommend investing in dividend-paying stocks such as Matthews International Corp., ZIM Integrated Shipping Services Ltd., Quanta Services, Inc., and Orange County Bancorp, Inc. as a strategy for cautious investors seeking stable income amidst market uncertainties.

Market Overview: The post-election rally has resumed with the Dow and S&P 500 reaching new highs, driven by hopes for lower taxes and fewer regulations under Trump's administration, despite concerns over tariffs and geopolitical tensions affecting market stability.

Dividend-Paying Stocks: In light of market volatility, investors are encouraged to consider dividend-paying stocks such as Matthews International Corporation, ZIM Integrated Shipping Services Ltd., Quanta Services, Inc., and Orange County Bancorp, Inc., which have shown consistent dividend growth and stable operations.

Dividend Announcements: Donaldson declared a cash dividend of 27.0 cents per share, while Consolidated Water announced a quarterly dividend of $0.11 per share for Q1 2025. RGC Resources increased its annual dividend to $0.83 per share, marking 21 consecutive years of increases.

Additional Dividend Declarations: Diana Shipping declared a cash dividend of $0.01 per share, and Orange County Bancorp announced a $0.25 cash dividend with a $0.02 increase.

Dividend Announcement: Orange County Bancorp, Inc. has declared a $0.25 cash dividend per share, with a $0.02 increase, to be paid on December 16, 2024, to shareholders of record by December 4, 2024.

Company Overview: Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, boasting approximately $2.5 billion in total assets and a commitment to community service since its founding over 125 years ago.

Stock Upgrade: Orange County Bancorp Inc. (OBT) received an upgrade in its rating from 45% to 72% based on its fundamentals and valuation, indicating growing interest from the Motley Fool's small-cap growth investor strategy.

Company Overview: Orange County Bancorp operates as a bank holding company providing commercial and consumer banking services, as well as wealth management through its subsidiaries, primarily serving the Lower Hudson Valley region and nearby markets.

Stock Ratings Update: Validea's Small-Cap Growth Investor model, based on Motley Fool's strategy, has upgraded several small-cap and mid-cap stocks including Unity Bancorp, Commerzbank AG, Orange County Bancorp, NMI Holdings, and IRadimed Corp, reflecting improved fundamentals and valuations.

Company Descriptions: Each company provides various financial services or products, with Unity Bancorp focusing on community banking, Commerzbank serving international clients, Orange County Bancorp offering commercial banking and wealth management, NMI Holdings specializing in mortgage insurance, and IRadimed developing MRI-compatible medical devices.

Earnings Performance: Orange County Bancorp, Inc. reported quarterly earnings of $0.57 per share, significantly missing the Zacks Consensus Estimate of $1.43, and showing a decline from $1.61 per share a year ago. However, the company surpassed revenue expectations with $27.14 million for the quarter.

Future Outlook: Despite underperforming the market this year, the company's earnings outlook appears favorable, currently holding a Zacks Rank #1 (Strong Buy), indicating potential for stock outperformance in the near future.

Earnings Performance: First Commonwealth Financial (FCF) reported quarterly earnings of $0.31 per share, missing the expected $0.36 and down from $0.39 a year ago, while revenues of $121.21 million exceeded estimates but were lower than the previous year's $122.58 million.

Market Outlook: The company's stock is currently rated Zacks Rank #4 (Sell) due to unfavorable earnings estimate revisions, indicating potential underperformance compared to the market in the near future.

Earnings Performance: Orrstown Financial Services reported quarterly earnings of $1.11 per share, exceeding estimates and showing a significant increase from the previous year's earnings of $0.87 per share. The company also surpassed revenue expectations with $64.08 million for the quarter.

Market Outlook: Despite strong performance this year, the stock's future movement will depend on management's commentary and earnings estimate revisions, currently holding a Zacks Rank #3 (Hold), indicating expected performance in line with the market.

Stock Ratings Update: Validea's Small-Cap Growth Investor model has upgraded Orange County Bancorp Inc (OBT) from 45% to 72% and Cohen & Steers, Inc. (CNS) from 69% to 76%, indicating improved interest based on their fundamentals and valuations.

Company Descriptions: Orange County Bancorp offers commercial banking and wealth management services in the Lower Hudson Valley, while Cohen & Steers specializes in global investment management focusing on real assets and alternative income.