Welcome to our dedicated page for Oregon Bancorp news (Ticker: ORBN), a resource for investors and traders seeking the latest updates and insights on Oregon Bancorp stock.
Oregon Bancorp Inc (ORBN) provides community-focused banking services through deposit solutions, commercial lending, and treasury management. This news hub offers investors and stakeholders centralized access to verified updates about the company's operations and market position.
Track official press releases covering earnings reports, regulatory developments, leadership changes, and service expansions. The curated collection includes strategic partnership announcements, branch network updates, and financial product innovations relevant to regional banking.
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Bookmark this page for efficient monitoring of ORBN's evolving strategies in the competitive banking sector. Combine regular reviews with SEC filings and market analysis for comprehensive investment research.
Oregon Bancorp, Inc. (OTC-PINK: ORBN) announced a net income of
The Board of Directors of Oregon Bancorp declared a quarterly dividend of $0.52 per share, payable on April 17, 2023, to shareholders of record as of April 3, 2023. Oregon Bancorp is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon, with four full-service branches and 13 Home Loan Centers across Oregon, Washington, and Idaho. This dividend reflects the company's commitment to returning value to shareholders while maintaining its banking operations effectively.
Oregon Bancorp, Inc. (OTCBB: ORBN) reported fourth quarter 2022 net earnings of $1.3 million, equating to $0.52 per common share, a decline from $4.0 million in Q4 2021. The annual earnings totaled $6.7 million with a return on average assets of 1.2% and return on average equity of 6.9%. Total assets fell 4.9%, primarily due to a $22.8 million drop in deposits, although commercial loans increased by $3.4 million. The Board declared a $0.52 quarterly dividend on January 17, 2023. CEO Ryan Dempster noted that rising interest rates have affected mortgage financing demand, but net interest margins improved.
