Sandler O'Neill Upgrades Oritani Financial (ORIT) to Buy
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Oritani Financial Corp. Reports Earnings and Dividend
April 22, 2015 4:05 PM EDTTOWNSHIP OF WASHINGTON, N.J., April 22, 2015 (GLOBE NEWSWIRE) -- Oritani Financial Corp. (the "Company" or "Oritani") (Nasdaq: ORIT), the holding company for Oritani Bank (the "Bank"), reported net income of $11.0 million, or $0.26 per basic and diluted common share, for the three months ended March 31, 2015, and $31.2 million, or $0.75 per basic (and $0.73 diluted) common share, for the nine months ended March 31, 2015. This compares to net income of $10.7 million, or $0.25 per basic and diluted common share for three months ended March 31, 2014 and net income of $31.1 million, or $0.73 per basic (and $0.71 diluted) common share for the nine month period... More
