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Oritani: Fiscal 4Q Earnings Snapshot

July 23, 2019

TOWNSHIP OF WASHINGTON, N.J. (AP) _ Oritani Financial Corp. (ORIT) on Tuesday reported fiscal fourth-quarter profit of $12.8 million.

The bank, based in Township Of Washington, New Jersey, said it had earnings of 29 cents per share.

The holding company for Oritani Bank posted revenue of $41 million in the period. Its revenue net of interest expense was $25.9 million, surpassing Street forecasts.

For the year, the company reported profit of $52.1 million, or $1.18 per share. Revenue was reported as $105.8 million.

Oritani shares have risen 18% since the beginning of the year. The stock has risen nearly 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORIT at https://www.zacks.com/ap/ORIT

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