Oak Ridge Financial Services (OTCMKTS:BKOR) Issues Earnings Results

Oak Ridge Financial Services (OTCMKTS:BKOR) posted its quarterly earnings data on Tuesday. The company reported $0.50 EPS for the quarter, reports. The company had revenue of $6.41 million for the quarter.

Oak Ridge Financial Services Price Performance

Shares of Oak Ridge Financial Services stock opened at $17.00 on Thursday. The firm’s 50-day moving average price is $17.50 and its two-hundred day moving average price is $16.60. The company has a market capitalization of $46.92 million, a price-to-earnings ratio of 8.10 and a beta of 0.33. Oak Ridge Financial Services has a 12-month low of $14.06 and a 12-month high of $18.40.

Oak Ridge Financial Services Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Thursday, May 23rd will be given a dividend of $0.12 per share. This is a boost from Oak Ridge Financial Services’s previous quarterly dividend of $0.10. The ex-dividend date is Wednesday, May 22nd. This represents a $0.48 annualized dividend and a yield of 2.82%. Oak Ridge Financial Services’s dividend payout ratio is currently 19.05%.

Oak Ridge Financial Services Company Profile

Oak Ridge Financial Services, Inc operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, and money market accounts; overdrafts; auto, home equity, mortgage, business term, and business SBA loans; business lines of credit; credit cards; and online and mobile banking products and services.