In the Q1, Orrstown Financial Services Inc 's corporate clients experienced a reduction by -6.37 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -12.03 %. During the corresponding time, Orrstown Financial Services Inc recorded a revenue increase by 5.4 % year on year, sequentially revenue fell by -0.95 %. While revenue at the Orrstown Financial Services Inc 's corporate clients fell by -7.76 % year on year, sequentially revenue fell by -12.26 %.
Customers of Orrstown Financial Services Inc saw their costs of revenue decrease by -6.37 % in Q1 compare to a year ago, sequentially costs of revenue were trimmed by -12.03 %, for the same period Orrstown Financial Services Inc recorded revenue increase by 5.4 % year on year, sequentially revenue fell by -0.95 %.
Orrstown Financial Services Inc's Comment on Sales, Marketing and Customers
The Bank’s principal market area consists of Cumberland County, Franklin
County, Lancaster County, and Perry County, Pennsylvania, and Washington County,
Maryland. The Bank services a substantial number of depositors in this market
area and contiguous counties, with the greatest concentration in Chambersburg,
Shippensburg, and Carlisle, Pennsylvania and the surrounding areas.
Orrstown Financial Services Inc’s Comment on Sales, Marketing and Customers
The Bank’s principal market area consists of Cumberland County, Franklin
County, Lancaster County, and Perry County, Pennsylvania, and Washington County,
Maryland. The Bank services a substantial number of depositors in this market
area and contiguous counties, with the greatest concentration in Chambersburg,
Shippensburg, and Carlisle, Pennsylvania and the surrounding areas.
Sources:
Orrstown Financial Services Inc’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: Orrstown Financial Services Inc’s corporate clients.
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