Oritani: Fiscal 2Q Earnings Snapshot
TOWNSHIP OF WASHINGTON, N.J. (AP) _ Oritani Financial Corp. (ORIT) on Thursday reported fiscal second-quarter profit of $13.4 million.
The bank, based in Township Of Washington, New Jersey, said it had earnings of 31 cents per share.
The holding company for Oritani Bank posted revenue of $40.7 million in the period. Its revenue net of interest expense was $27.7 million, exceeding Street forecasts.
Oritani shares have increased 10 percent since the beginning of the year. The stock has dropped 1 percent in the last 12 months.