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Oritani posts 2Q profit

TOWNSHIP OF WASHINGTON, N.J. (AP) _ Oritani Financial Corp. (ORIT) on Tuesday reported fiscal second-quarter earnings of $11.4 million.

The Township Of Washington, New Jersey-based bank said it had earnings of 26 cents per share.

The holding company for Oritani Bank posted revenue of $36.4 million in the period. Its adjusted revenue was $27.4 million.

Oritani shares have decreased 9 percent since the beginning of the year. The stock has risen 12 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORIT at https://www.zacks.com/ap/ORIT


Keywords: Oritani Financial, Earnings Report