ORIT: Oritani Financial Corp. - Summary | Jitta

Oritani Financial Corp.

NASDAQ:ORIT

Notice
Stock data is unavailable or the company’s delisted.
Price
$18.60
Loss Chance
58.2%
2.75JITTA SCORE
35.86%Over Jitta Line
Jitta Ranking
Sorry, the data is not yet available for this stock.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (18)
Recent Business Performance (4)
Financial Strength (70)
Return to Shareholders (57)
Competitive Advantage (64)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
CapExVery Low
Revenue and EarningRevenue decline from 2016-2019
Key Stats
Jitta Score
Jitta Line
2.75
35.86%
5.43
86.26%
Thrifts and Mortgage Finance
4.47
23.23%
4.45
51.43%
4.30
180.43%
COMPANY DESCRIPTION
As of December 1, 2019, Oritani Financial Corp. was acquired by Valley National Bancorp. Oritani Financial Corp. operates as a savings and loan holding company for Oritani Bank that provides various banking services for individual and corporate customers. The company accepts a range of deposit products, such as non-interest and interest-bearing demand and NOW checking accounts, money market deposit accounts, savings accounts, retirement accounts, and time deposits. Its loan products include residential commercial real estate loans comprising mortgage loans secured by apartment buildings; commercial real estate loans consisting of mortgage loans secured by retail anchor shopping centers, commercial offices, retail space, warehouses, and mixed-use buildings; residential real estate loans, such as one to four family residential real property and home equity loans; and second mortgage and equity loans, and home equity lines of credit, as well as construction loans. The company also invests in securities and real estate properties. As of June 30, 2019, it operated 25 full service branches in Bergen, Hudson, Essex, and Passaic Counties, New Jersey; and lending offices in New York City and Cherry Hill, New Jersey. Oritani Financial Corp. was founded in 1911 and is headquartered in Washington Township, New Jersey.