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Oritani Financial Corp (ORIT) Files 10-K for the Fiscal Year Ended on June 30, 2018

- By insider

Oritani Financial Corp (ORIT) files its latest 10-K with SEC for the fiscal year ended on June 30, 2018. Oritani Financial Corp is the stock holding company for Oritani Bank. It operates as a retail and commercial bank and provides banking and financial services to individual and business customers in New Jersey. Oritani Financial Corp has a market cap of $751.930 million; its shares were traded at around $16.13 with a P/E ratio of 16.82 and P/S ratio of 7.03. The dividend yield of Oritani Financial Corp stocks is 5.73%.


For the last quarter Oritani Financial Corp reported a revenue of $28.7 million, compared with the revenue of $18.85 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $113.5 million, a decrease of 5.9% from the previous year. For the last five years Oritani Financial Corp had an average revenue growth rate of 3.4% a year.

The reported diluted earnings per share was 95 cents for the year, a decline of 13.6% from the previous year. Over the last five years Oritani Financial Corp had an EPS growth rate of 2.1% a year. The profitability rank of the company is 3 (out of 10).

At the current stock price of $16.13, Oritani Financial Corp is traded at close to its historical median P/S valuation band of $15.36. The P/S ratio of the stock is 7.03, while the historical median P/S ratio is 6.68. The stock gained 9.19% during the past 12 months.

For the complete 20-year historical financial data of ORIT, click here.

This article first appeared on GuruFocus.