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Oritani Financial Corp   (ORIT)
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    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

Oritani Financial's Customers Performance

ORIT

 
ORIT's Source of Revenues In the Q3, Oritani Financial Corp 's corporate clients experienced a reduction by -2.37 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 41.37 %. During the corresponding time, Oritani Financial Corp revenue deteriorated by -12.54 % year on year, sequentially revenue fell by -1.52 %. While revenue at the Oritani Financial Corp 's corporate clients fell by -0.11 % year on year, sequentially revenue fell by -2.07 %.

List of ORIT Customers




Customers of Oritani Financial Corp saw their costs of revenue decrease by -2.37 % in Q3 compare to a year ago, sequentially costs of revenue grew by 41.37 %, for the same period Oritani Financial Corp revnue deteriorated by -12.54 % year on year, sequentially revnue fell by -1.52 %.

List of ORIT Customers


   
Customers Net Income grew in Q3 by Customers Net margin grew to
130.65 % 9.91 %



Oritani Financial's Customers, Q3 2019 Revenue Growth By Industry
Customers in Construction Services Industry -9.47 %   
Customers in Life Insurance Industry -5.74 %   
Customers in Property & Casualty Insurance Industry      13.86 %
Customers in Miscellaneous Financial Services Industry      52.22 %
     
• Customers Valuation • Customers Mgmt. Effect.


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.