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Orange County Bancorp (Orange County Bancorp) Net Income : $35.5 Mil (TTM As of Dec. 2023)


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What is Orange County Bancorp Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Orange County Bancorp's Net Income for the three months ended in Dec. 2023 was $8.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $35.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Orange County Bancorp's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.44.


Orange County Bancorp Net Income Historical Data

The historical data trend for Orange County Bancorp's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Orange County Bancorp Net Income Chart

Orange County Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only 11.48 11.68 21.29 24.36 29.48

Orange County Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.23 9.09 9.04 8.12 9.29

Orange County Bancorp Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Orange County Bancorp's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=37.149+-7.671+0+0
=29.5

Orange County Bancorp's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=10.702+-2.578+0+0
=8.1

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $35.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Orange County Bancorp  (NAS:OBT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Orange County Bancorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Orange County Bancorp Net Income Related Terms

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Orange County Bancorp (Orange County Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
212 Dolson Avenue, Middletown, NY, USA, 10940
Orange County Bancorp Inc provides banking services. Its services include personal banking services such as personal loans, personal savings, business loans, business savings, and internet banking among others. The company provides commercial and consumer banking services to individuals, small businesses and local municipal governments as well as trust and investment services through the Bank and HVIA. Its segment includes banking and wealth management. The company generates maximum revenue from the banking segment.
Executives
Stephen Rooney officer: SVP, Co-Chief Credit Officer 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Michael Listner officer: SVP and CCO 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Michael J Coulter officer: EVP and CLO 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Gregory Sousa officer: EVP and CCBO 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Olga Luz Tirado director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Joseph A Ruhl officer: Reg Pres, Westchester County 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Gustave J Scacco director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Michael J Gilfeather director, officer: President and CEO 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Terry R Saturno director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
William D Morrison director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
David P Dineen officer: SVP, Dir. Wealth Services 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Louis Heimbach director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Kevin J Keane director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Jonathan F Rouis director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Gregory F Holcombe director 212 DOLSON AVENUE, MIDDLETOWN NY 10940

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