Brief: Oak Ridge Financial Services Q2 EPS USD 0.81

Oak Ridge Financial Services

04/08/2025 21:15

Overview

Oak Ridge Q2 EPS rises to $0.81, up from $0.57 in prior qtr

Net interest margin improves to 4.16%, driven by higher loan yields

Total loans receivable increase 8.8% yr/yr, funded by deposits and borrowings

Result Drivers

NET INTEREST INCOME - Growth of 7.6% over prior qtr and 16.0% over Q2 2024, driven by higher loan yields and lower deposit costs

NONINTEREST INCOME - Increased by 64.6% from prior qtr and 63.7% from Q2 2024, with gains from SBA loan sales and higher mortgage banking income

LOAN GROWTH - Total loans receivable rose 8.8% yr/yr, funded by increased deposits and strategic borrowings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.81
Q2 Net Interest Income
$6.80 mln
Q2 Dividend
$0.14
Q2 Net Interest Margin
4.2%


Press Release: ID:nGNX1NVbD8

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)