Oritani Financial (ORIT) Posts Q2 EPS of $0.37

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Oritani Financial Corp. Reports Record Earnings and Dividend

July 27, 2015 8:01 AM EDT

TOWNSHIP OF WASHINGTON, N.J., July 27, 2015 (GLOBE NEWSWIRE) -- Oritani Financial Corp. (the "Company" or "Oritani") (NASDAQ: ORIT), the holding company for Oritani Bank (the "Bank"), reported net income of $15.7 million, or $0.38 per basic (and $0.37 diluted) common share, for the three months ended June 30, 2015, and $46.9 million, or $1.13 per basic (and $1.10 diluted) common share, for the twelve months ended June 30, 2015. This compares to net income of $10.0 million, or $0.23 per basic and diluted common share for the three months ended June 30, 2014 and net income of $41.1 million, or $0.96 per basic (and $0.94 diluted) common share for the twelve... More