Oritani Financial is a savings and loan holding company for Oritani Bank that provides various banking services for individual and corporate customers. The Bank offers a range of retail and commercial loan and deposit products, its loan portfolio includes residential loans, residential commercial real estate loans, credit or grocery retail commercial real estate loans, other commercial real estate loans, and construction and land loans; its investment securities are classified as held to maturity, including mortgage-backed securities, and available for sale, including equity securities and mortgage-backed securities. Oritani Bank's deposits include checking (non-interest and interest-bearing demand deposits), money market deposit accounts, savings accounts and time deposits.

Type
Public
HQ
Township of Washington, US
Founded
1911
Size (employees)
197 (est)
Oritani Financial was founded in 1911 and is headquartered in Township of Washington, US
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Oritani Financial Office Locations

Oritani Financial has offices in Paterson, Clifton, Union City, North Bergen and in 18 other locations
Township of Washington, US (HQ)
370 Pascack Rd
Bergenfield, US
223 S Washington Ave
Cliffside Park, US
742 Anderson Ave
Clifton, US
859 Clifton Ave
Emerson, US
101 27 Kinderkamack Rd
Fairview, US
311 Fairview Ave
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Oritani Financial Financials and Metrics

Oritani Financial Financials

Oritani Financial's revenue was reported to be $134.32 m in FY, 2016
USD

Revenue (Q3, 2018)

116.1 m

Gross profit (Q3, 2018)

84.8 m

Gross profit margin (Q3, 2018), %

73%

Net income (Q3, 2018)

29.4 m

EBIT (Q3, 2018)

82.2 m

Market capitalization (21-May-2018)

731.9 m

Closing share price (21-May-2018)

15.7

Cash (31-Mar-2018)

23.5 m
Oritani Financial's current market capitalization is $731.9 m.
Annual
USDFY, 2016

Revenue

134.3 m

Cost of goods sold

34 m

Gross profit

100.3 m

Gross profit Margin, %

75%
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Revenue

39 m60.8 m36.5 m34.1 m35.3 m58.3 m116.1 m

Cost of goods sold

8.8 m8.1 m8.2 m8.8 m9 m9.8 m31.3 m

Gross profit

30.1 m52.8 m28.3 m25.3 m26.2 m48.5 m84.8 m

Gross profit Margin, %

77%87%78%74%74%83%73%
Annual
USDFY, 2014FY, 2015FY, 2016

Cash

18.9 m15.1 m16.6 m

Accounts Receivable

10.2 m9.3 m

Total Assets

3.1 b3.4 b3.7 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Cash

18.7 m9.7 m12.7 m9.8 m9.9 m11.1 m25.3 m32.4 m31.1 m31.1 m23.5 m

Total Assets

3.2 b3.3 b3.3 b3.3 b3.5 b3.6 b3.8 b4 b4.1 b4.1 b4.1 b

Accounts Payable

1.7 b1.8 b2 b2 b2.1 b2.2 b2.5 b2.6 b2.7 b3 b

Total Liabilities

3.6 b3.6 b
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

41.1 m46.9 m52.3 m

Cash From Operating Activities

54.4 m46.2 m32 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Net Income

10.2 m20.2 m31.2 m12.2 m28 m39.3 m10.6 m22 m46.3 m12 m29.4 m

Cash From Operating Activities

8.6 m22.2 m36.1 m11 m13 m21.6 m13.5 m24.8 m44.3 m16.9 m47.9 m

Purchases of PP&E

(90 k)(230 k)(307 k)(235 k)(583 k)(747 k)(12 k)(40 k)(337 k)(207 k)

Cash From Investing Activities

(79.9 m)(122.3 m)(170.3 m)4.1 m(142 m)(224.8 m)(116.5 m)(326.3 m)(424.3 m)18.4 m(7.1 m)
USDY, 2018

Revenue/Employee

589.4 k

Financial Leverage

7.5 x
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Oritani Financial Operating Metrics

Oritani Financial's Total Loans was reported to be $3.6b in FY, 2017.
Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Bank Branches

25 26 26

Non-performing Loans

$18.98 m$17.53 m$13.19 m$12.58 m$10.88 m$10.88 m$9.99 m$9.97 m$10.54 m$10.39 m$10.31 m$10.22 m

Total Loans

$2.62 b$2.66 b$2.76 b$2.80 b$2.81 b$2.95 b$3.06 b$3.17 b$3.25 b$3.42 b$3.57 b$3.61 b
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