During the corresponding time, Oritani Financial Corp recorded a revenue increase by 7.64 % year on year, sequentially revenue grew by 50.86 %. While revenue at the Oritani Financial Corp 's corporate clients
Oritani Financial's Comment on Sales, Marketing and Customers
From our headquarters in the Township of Washington, New Jersey, we operate 25
full service branches, including our corporate office. We operate branches in
four counties of New Jersey: Bergen, Hudson, Essex and Passaic. The majority of
our branches (seventeen) and deposits are located in Bergen County. In addition,
we operate five branches in Hudson County, one branch in Essex County and two
branches in Passaic County. Our residential lending area generally encompasses
northern New Jersey. Our market area for commercial lending, including multifamily
lending or residential CRE, is broader, generally including the state of New Jersey,
Eastern Pennsylvania, Southern New York, New York City, Long Island and parts
of Connecticut and Delaware.
In terms of population, Bergen County ranks as the largest county in New Jersey
(out of 21 counties) while Hudson County ranks fourth, Essex County ranks third
and Passaic County ranks ninth. The economy in our primary market area has benefited
from being varied and diverse. It is largely urban and suburban with a broad economic
base.
Bergen County is bordered by Rockland County, New York to the north, the Hudson
River to the east, Hudson County to the south, Passaic County to the west and
also a small border with Essex County to the west.
Passaic County is bordered by Orange County, New York to the north, Rockland County,
New York to the northeast, Bergen County to the east, Essex County to the south,
Morris County to the southwest and Sussex County to the west.
Essex County is bordered by Passaic County to the north, Morris County to the
west, Union County to the south, Hudson County to the east and also a small border
with Bergen County to the east.
Hudson County's only land border is with Bergen County to the north and west.
It is bordered by the Hudson River and Upper New York Bay to the east; Kill van
Kull (which connects Newark Bay with Upper New York Bay) to the south and Newark
Bay and the Hackensack River or the Passaic River to the west.
Sources:
Oritani Financial Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Oritani Financial Corp’s corporate clients.
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