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.

Employee Rating

3.3More
TypePublic
HQTownship of Washington, US
Founded1911
Size (employees)194 (est)-1%
Websiteoritani.com
Oritani Financial was founded in 1911 and is headquartered in Township of Washington, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Oritani Financial

Nicholas Antonaccio

Nicholas Antonaccio

Lead Director
Kevin J. Lynch

Kevin J. Lynch

Chairman
Show more

Oritani Financial Office Locations

Oritani Financial has offices in Township of Washington, Clifton, Union City, North Bergen and in 18 other locations
Township of Washington, (HQ)
370 Pascack Rd
Bergenfield,
223 S Washington Ave
Cliffside Park,
742 Anderson Ave
Clifton,
859 Clifton Ave
Emerson,
101 27 Kinderkamack Rd
Fairview,
311 Fairview Ave
Show all (26)
Report incorrect company information

Oritani Financial Financials and Metrics

Oritani Financial Revenue

Embed Graph
View revenue for all periods
Oritani Financial's revenue was reported to be $156.41 m in FY, 2018
USD

Revenue (Q1, 2019)

39.4m

Gross profit (Q1, 2019)

27.1m

Gross profit margin (Q1, 2019), %

68.8%

Net income (Q1, 2019)

13.4m

EBIT (Q1, 2019)

28.3m

Market capitalization (4-Dec-2018)

682.4m

Closing stock price (4-Dec-2018)

15.0

Cash (30-Sep-2018)

28.6m
Oritani Financial's current market capitalization is $682.4 m.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

151.0m134.3m159.3m156.4m

Cost of goods sold

35.0m34.0m37.9m42.9m

Gross profit

116.0m100.3m121.5m113.5m

Gross profit Margin, %

77%75%76%73%
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

39.0m60.8m36.5m34.1m35.3m58.3m38.9m38.6m38.5m39.4m

Cost of goods sold

8.8m8.1m8.2m8.8m9.0m9.8m10.3m10.4m10.6m12.3m

Gross profit

30.1m52.8m28.3m25.3m26.2m48.5m28.6m28.2m27.9m27.1m

Gross profit Margin, %

77%87%78%74%74%83%74%73%72%69%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

18.9m15.1m16.6m33.6m34.8m

Accounts Receivable

10.2m9.3m

Inventories

Total Assets

3.1b3.4b3.7b4.1b4.2b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

9.7m9.1m14.6m18.7m9.7m12.7m9.8m9.9m11.1m25.3m32.4m31.1m31.1m39.0m23.5m28.6m

Total Assets

2.8b2.9b3.0b3.2b3.3b3.3b3.3b3.5b3.6b3.8b4.0b4.1b4.1b4.1b4.1b4.1b

Accounts Payable

1.4b1.5b1.5b1.7b1.8b2.0b2.0b2.1b2.2b2.5b2.6b2.7b2.9b2.9b3.0b2.9b

Total Liabilities

2.3b2.4b2.5b2.7b2.8b3.0b3.1b3.3b3.5b3.6b3.6b3.6b3.6b3.5b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

41.1m46.9m52.3m49.1m42.9m

Inventories

Accounts Payable

Cash From Operating Activities

54.4m46.2m32.0m37.4m56.8m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

10.4m20.4m31.1m10.2m20.2m31.2m12.2m28.0m39.3m10.6m22.0m46.3m12.0m16.0m29.4m13.4m

Cash From Operating Activities

11.2m27.8m48.2m8.6m22.2m36.1m11.0m13.0m21.6m13.5m24.8m44.3m16.9m32.6m47.9m10.6m

Purchases of PP&E

(116.0k)(253.0k)(349.0k)(90.0k)(230.0k)(307.0k)(235.0k)(583.0k)(747.0k)(12.0k)(40.0k)(337.0k)(100.0k)(207.0k)(64.0k)

Cash From Investing Activities

5.9m(120.8m)(180.0m)(79.9m)(122.3m)(170.3m)4.1m(142.0m)(224.8m)(116.5m)(326.3m)(424.3m)18.4m18.9m(7.1m)55.2m
USDY, 2018

Financial Leverage

7.3 x
Show all financial metrics

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
Show all operating metrics
Report incorrect company information

Oritani Financial Online and Social Media Presence

Embed Graph
Report incorrect company information

Oritani Financial News and Updates

Oritani Financial Corp. Announces Dividend and Quarterly Results

TOWNSHIP OF WASHINGTON, N.J., Oct. 29, 2018 (GLOBE NEWSWIRE) -- Oritani Financial Corp. (the “Company” or “Oritani”) (NASDAQ: ORIT), the holding company for Oritani Bank (the “Bank”), reported net income of $13.4 million, or $0.30 per basic and diluted common share, for the three months ended Sept…
Report incorrect company information

Oritani Financial Company Life and Culture

Report incorrect company information

Oritani Financial Frequently Asked Questions

  • When was Oritani Financial founded?

    Oritani Financial was founded in 1911.

  • Who are Oritani Financial key executives?

    Oritani Financial's key executives are Nicholas Antonaccio and Kevin J. Lynch.

  • How many employees does Oritani Financial have?

    Oritani Financial has 194 employees.

  • What is Oritani Financial revenue?

    Latest Oritani Financial annual revenue is $156.4 m.

  • What is Oritani Financial revenue per employee?

    Latest Oritani Financial revenue per employee is $806.3 k.

  • Who are Oritani Financial competitors?

    Competitors of Oritani Financial include Hilltop Holdings, Home BancShares and First Defiance Financial.

  • Where is Oritani Financial headquarters?

    Oritani Financial headquarters is located at 370 Pascack Rd, Township of Washington.

  • Where are Oritani Financial offices?

    Oritani Financial has offices in Township of Washington, Clifton, Union City, North Bergen and in 18 other locations.

  • How many offices does Oritani Financial have?

    Oritani Financial has 26 offices.