ORRF Orrstown Financial Services, Inc. - Common Stock
$43.05
Price · Aug 19, 2026
Fundamentals as of Aug 6, 2026
52W Range
$32–$44
94% of range
Analyst Rating
BUY
11 analysts
Price Target
$46
+6% upside
P/E (TTM)
10.3
ROE
14.2%
Net Profit Margin
217.7%
ORRF Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$43.05
Market Cap
$840M
P/E (TTM)
10.3
EPS (TTM)
$4.18
Revenue (TTM)
$37M
Div Yield
2.5%
ROE
14.2%
Debt/Equity
—
52W Range
$32 – $44
ORRF Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$37M
2018-12-31
→
2025-12-31
EPS
$4.18
2016-12-31
→
2025-12-31
Free Cash Flow
$70M
2016-12-31
→
2025-12-31
Margins
217.7%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
ORRF
Peer Median
P/E (TTM)
10.3
11.9
P/S (TTM)
22.6
1.9
P/B
1.4
1.0
Price / FCF
11.9
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
ORRF
Peer Median
Net Profit Margin
217.7%
26.4%
ROA
1.5%
1.3%
ROE
14.2%
11.4%
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
ORRF
Peer Median
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
ORRF
Peer Median
Revenue YoY
36.0%
—
Revenue CAGR 3Y
24.0%
—
Revenue CAGR 5Y
17.6%
—
EPS YoY
182.4%
—
Net Income YoY
266.7%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
ORRF
Peer Median
Payout Ratio
25.5%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
2.5%
Payout Ratio
25.5%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| Aug. 4, 2026 | $0.3000 |
| May 5, 2026 | $0.3000 |
| Feb. 10, 2026 | $0.3000 |
| Nov. 5, 2025 | $0.2700 |
| Aug. 5, 2025 | $0.2700 |
| May 6, 2025 | $0.2600 |
| Feb. 14, 2025 | $0.2600 |
| Nov. 5, 2024 | $0.2300 |
| Aug. 8, 2024 | $0.2300 |
| May 6, 2024 | $0.2000 |
| Feb. 5, 2024 | $0.2000 |
| Nov. 6, 2023 | $0.2000 |
| Aug. 7, 2023 | $0.2000 |
| May 8, 2023 | $0.2000 |
| Feb. 6, 2023 | $0.2000 |
| Oct. 28, 2022 | $0.1900 |
| July 29, 2022 | $0.1900 |
| April 29, 2022 | $0.1900 |
| Jan. 31, 2022 | $0.1900 |
| Oct. 29, 2021 | $0.1900 |
ORRF Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
11 analysts
- Strong Buy 2 18.2%
- Buy 6 54.5%
- Hold 3 27.3%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
4 analysts · 2026-08-13
Median
$46.00
Now
$43.05
Low
$43.00
High
$48.00
Median target
$46.00
+6.9%
Mean target
$45.75
+6.3%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.05%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.09 | $1.05 | 0.04% |
| March 31, 2026 | $1.12 | $1.03 | 0.09% |
| Dec. 31, 2025 | $1.11 | $1.08 | 0.03% |
| Sept. 30, 2025 | $1.13 | $1.07 | 0.06% |
| June 30, 2025 | $1.04 | $1.00 | 0.04% |
| March 31, 2025 | $1.00 | $0.94 | 0.06% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| ORRF | $691M | 8.5 | 36.0% | 217.7% | 14.2% | — |
| SMBK | $630M | 12.4 | 16.9% | 25.1% | 9.7% | — |
| GSBC | $681M | 9.9 | 4.4% | 30.9% | 11.5% | — |
| EGBN | $650M | -4.7 | -3.1% | -46.1% | -11.9% | — |
| SPFI | $632M | 11.3 | 8.6% | 27.6% | 12.3% | — |
| IBCP | $668M | 9.9 | 0.30% | 213.7% | 14.1% | — |
| SMBC | — | 10.6 | 11.1% | 32.1% | 11.3% | — |
| FISI | $617M | 8.6 | 109.5% | 30.6% | 12.2% | — |
| PGC | $489M | 13.3 | 24.1% | 13.2% | 5.8% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37M | $27M | $19M | $19M | $19M | $16M | $18M | $15M | |
| Interest Expense | · | · | $45M | $9M | $7M | $16M | $24M | $14M | |
| Interest Income | $304M | $249M | $150M | $109M | $94M | $100M | $93M | $66M | |
| Pretax Income | $103M | $28M | $45M | $27M | $41M | $33M | $20M | $14M | |
| Income Tax | $22M | $6M | $9M | $5M | $8M | $6M | $3M | $2M | |
| Net Income | $81M | $22M | $36M | $22M | $33M | $26M | $17M | $13M | |
| EPS (Basic) | $4.21 | $1.49 | $3.45 | $2.09 | $3.00 | $2.42 | $1.63 | $1.53 | |
| EPS (Diluted) | $4.18 | $1.48 | $3.42 | $2.06 | $2.96 | $2.40 | $1.61 | $1.50 | |
| Shares (Basic) | 19,201,000 | 14,761,000 | 10,340,000 | 10,553,000 | 10,967,000 | 10,942,000 | 10,362,000 | 8,360,000 | |
| Shares (Diluted) | 19,355,000 | 14,914,000 | 10,435,000 | 10,706,000 | 11,106,000 | 11,034,000 | 10,514,000 | 8,537,000 |
Balance Sheet 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| PP&E (Net) | $51M | $50M | $29M | $29M | $34M | $35M | $38M | $38M | |
| PP&E (Gross) | $86M | $83M | $60M | $60M | $66M | $66M | $65M | $69M | |
| Accum. Depreciation | $35M | $33M | $31M | $30M | $32M | $31M | $28M | $30M | |
| Goodwill | $70M | $68M | $19M | $19M | $19M | $19M | $20M | $13M | |
| Intangibles | $38M | $48M | $2M | $3M | $4M | $5M | $7M | $4M | |
| Total Assets | $5.54B | $5.44B | $3.06B | $2.92B | $2.83B | $2.75B | $2.38B | $1.93B | |
| Short-term Debt | · | · | · | $17M | $23M | $19M | $8M | $64M | |
| Total Liabilities | $4.95B | $4.92B | $2.80B | $2.69B | $2.56B | $2.50B | $2.16B | $1.76B | |
| Long-term Debt | · | · | $40M | $1M | $2M | $2M | $63M | $83M | |
| Total Debt | · | · | · | $17M | $23M | $19M | $155M | $64M | |
| Common Stock | $1M | $1M | $583.0K | $584.0K | $586.0K | $586.0K | $584.0K | $491.0K | |
| Paid-in Capital | $425M | $423M | $189M | $189M | $190M | $189M | $188M | $152M | |
| Retained Earnings | $187M | $127M | $118M | $92M | $79M | $54M | $35M | $24M | |
| Treasury Stock | $6M | $8M | $14M | $14M | $2M | $848.0K | $466.0K | $236.0K | |
| AOCI | $-15M | $-26M | $-28M | $-40M | $4M | $3M | $-480.0K | $-3M | |
| Stockholders' Equity | $592M | $517M | $265M | $229M | $272M | $246M | $223M | $173M | |
| Liabilities + Equity | $5.54B | $5.44B | $3.06B | $2.92B | $2.83B | $2.75B | $2.38B | $1.93B | |
| Shares Outstanding | 19,507,208 | 19,389,967 | 10,612,390 | 10,671,413 | 11,183,050 | 11,201,317 | 11,199,874 | 9,430,224 |
Cash Flow 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| D&A | $15M | $10M | $4M | $5M | $5M | $7M | $6M | $4M | |
| Stock-based Comp | $5M | $9M | $2M | $2M | $2M | $2M | $2M | $1M | |
| Deferred Tax | $6M | $-867.0K | $-651.0K | $-591.0K | $942.0K | $-554.0K | $2M | $543.0K | |
| Amort. of Intangibles | $10M | $6M | $953.0K | $1M | $1M | $2M | $2M | $286.0K | |
| Restructuring | $91.0K | $296.0K | $0 | $3M | · | $2M | · | · | |
| Operating Cash Flow | $75M | $35M | $44M | $36M | $41M | $30M | $9M | $22M | |
| CapEx | $4M | $2M | $2M | $895.0K | $1M | $1M | $3M | $5M | |
| Investing Cash Flow | $-182M | $61M | $-153M | $-271M | $-2M | $-293M | $18M | $-139M | |
| Debt Issued | · | · | · | · | · | · | $20M | $0 | |
| Net Debt Issued | · | · | · | · | · | · | $-72M | $-365.0K | |
| Stock Repurchased | $263.0K | $0 | $3M | $14M | $2M | $1M | $0 | $0 | |
| Net Stock Activity | $-263.0K | $0 | $-3M | $-14M | $-2M | $-1M | · | $0 | |
| Dividends Paid | $21M | $13M | $8M | $8M | $8M | $8M | $6M | $4M | |
| Financing Cash Flow | $8M | $88M | $114M | $87M | $45M | $332M | $-60M | $176M | |
| Net Change in Cash | $-99M | $184M | $4M | $-148M | $83M | $69M | $-33M | $59M | |
| Taxes Paid | $6M | · | · | · | · | · | · | · | |
| Free Cash Flow | $70M | $33M | $41M | $35M | $40M | $29M | $6M | $18M | |
| Levered FCF | · | · | $6M | $28M | $34M | $16M | $-14M | $6M |
Profitability 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 217.7% | 80.7% | 183.1% | 113.2% | 173.7% | 154.6% | 17.3% | 17.5% | |
| Pretax Margin | 276.3% | 101.8% | 231.2% | 136.7% | 216.0% | 189.9% | 20.1% | 19.7% | |
| ROA | 1.5% | 0.52% | 1.2% | 0.77% | 1.2% | 1.0% | 0.78% | 0.73% | |
| ROE | 14.2% | 4.3% | 14.0% | 9.9% | 12.2% | 11.1% | 7.6% | 8.0% |
Liquidity & Solvency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | · | · | · | 0.1 | 0.1 | 0.1 | 0.7 | 0.4 |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 36.0% | 40.2% | 0.08% | 2.8% | 14.9% | · | · | · | |
| Revenue CAGR 3Y | 24.0% | 13.0% | 5.7% | · | · | · | · | · | |
| Revenue CAGR 5Y | 17.6% | · | · | · | · | · | · | · | |
| EPS YoY | 182.4% | -56.7% | 66.0% | -30.4% | 23.3% | · | · | · | |
| EPS CAGR 3Y | 26.6% | -20.6% | 12.5% | · | · | · | · | · | |
| EPS CAGR 5Y | 11.7% | · | · | · | · | · | · | · | |
| Net Income YoY | 266.7% | -38.2% | 61.8% | -33.0% | 24.2% | · | · | · | |
| Net Income CAGR 3Y | 54.2% | -12.5% | 10.5% | · | · | · | · | · | |
| Net Income CAGR 5Y | 25.0% | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 22.1% | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $37M | $27M | $19M | $19M | $19M | $16M | $18M | $15M | |
| Net Income TTM | $81M | $22M | $36M | $22M | $33M | $26M | $17M | $13M | |
| Market Cap | $691M | $710M | $313M | $247M | $282M | $185M | $253M | $172M | |
| P/E | 8.5 | 24.7 | 8.6 | 11.2 | 8.5 | 6.9 | 14.0 | 12.1 | |
| P/S | 18.6 | 26.0 | 16.1 | 12.7 | 14.9 | 11.3 | 14.1 | 11.4 | |
| P/B | 1.2 | 1.4 | 1.2 | 1.1 | 1.0 | 0.8 | 1.1 | 1.0 | |
| P / Tangible Book | 1.4 | 1.8 | 1.3 | 1.2 | 1.1 | 0.8 | · | · | |
| P / Cash Flow | 9.2 | 20.3 | 7.2 | 6.8 | 6.9 | 6.1 | 27.9 | 7.6 | |
| P / FCF | 9.8 | 21.3 | 7.6 | 7.0 | 7.1 | 6.4 | 41.0 | 9.7 | |
| Dividend Yield | 3.0% | 1.9% | 2.7% | 3.3% | 2.9% | 4.1% | 2.4% | 2.5% | |
| Earnings Yield | 11.8% | 4.0% | 11.6% | 8.9% | 11.8% | 14.5% | 7.1% | 8.2% | |
| Payout Ratio | 25.5% | 59.8% | 23.8% | 37.5% | 25.2% | 28.8% | 36.3% | 34.2% | |
| Annual Payout | $21M | $13M | $8M | $8M | $8M | $8M | $6M | $4M |
Income Statement 9
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Expense | · | · | · | · | · | · | · | · | $17M | $16M | · | $12M | $11M | $8M | · | $2M | |
| Interest Income | $75M | $74M | $76M | $77M | $75M | $76M | $80M | $83M | $43M | $43M | $40M | $39M | $37M | $34M | $32M | $27M | |
| Pretax Income | $25M | $28M | $27M | $28M | $25M | $23M | $17M | $-10M | $10M | $11M | $10M | $12M | $12M | $11M | $12M | $-6M | |
| Income Tax | $4M | $6M | $6M | $6M | $5M | $5M | $3M | $-2M | $2M | $2M | $2M | $3M | $3M | $2M | $2M | $-2M | |
| Net Income | $21M | $22M | $21M | $22M | $19M | $18M | $14M | $-8M | $8M | $9M | $8M | $9M | $10M | $9M | $10M | $-5M | |
| EPS (Basic) | $1.10 | $1.13 | $1.12 | $1.14 | $1.01 | $0.94 | $0.34 | $-0.41 | $0.74 | $0.82 | $0.75 | $0.87 | $0.95 | $0.88 | $0.95 | $-0.47 | |
| EPS (Diluted) | $1.09 | $1.12 | $1.11 | $1.13 | $1.01 | $0.93 | $0.35 | $-0.41 | $0.73 | $0.81 | $0.74 | $0.87 | $0.94 | $0.87 | $0.94 | $-0.47 | |
| Shares (Basic) | 19,313,000 | 19,274,000 | -38,353,000 | 19,224,000 | 19,173,000 | 19,157,000 | -25,069,000 | 19,088,000 | 10,393,000 | 10,349,000 | -20,700,000 | 10,319,000 | 10,336,000 | 10,385,000 | -21,286,000 | 10,369,000 | |
| Shares (Diluted) | 19,432,000 | 19,410,000 | -38,679,000 | 19,364,000 | 19,342,000 | 19,328,000 | -25,347,000 | 19,226,000 | 10,553,000 | 10,482,000 | -20,887,000 | 10,405,000 | 10,421,000 | 10,496,000 | -21,414,000 | 10,369,000 |
Balance Sheet 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PP&E (Net) | $50M | $51M | $51M | $51M | $52M | $52M | $50M | $50M | $28M | $29M | · | $29M | $30M | $29M | · | $31M | |
| PP&E (Gross) | · | · | $86M | · | · | · | $83M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $35M | · | · | · | $33M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $70M | $70M | $70M | $70M | $70M | $68M | $68M | $71M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | |
| Intangibles | $34M | $36M | $38M | $40M | $43M | $45M | $48M | $46M | $2M | $2M | $2M | $3M | $3M | $3M | $3M | $3M | |
| Total Assets | $5.61B | $5.58B | $5.54B | $5.47B | $5.39B | $5.44B | $5.44B | $5.47B | $3.20B | $3.18B | · | $3.05B | $3.01B | $3.01B | · | $2.85B | |
| Total Liabilities | $4.99B | $4.97B | $4.95B | $4.90B | $4.84B | $4.91B | $4.92B | $4.95B | $2.92B | $2.91B | · | $2.81B | $2.76B | $2.77B | · | $2.63B | |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $583.0K | $583.0K | · | $583.0K | $583.0K | $584.0K | · | $585.0K | |
| Paid-in Capital | $422M | $423M | $425M | $424M | $422M | $421M | $423M | $422M | $188M | $187M | · | $188M | $188M | $188M | · | $189M | |
| Retained Earnings | $218M | $203M | $187M | $171M | $154M | $140M | $127M | $117M | $130M | $124M | · | $112M | $105M | $98M | · | $85M | |
| Treasury Stock | $1M | $3M | $6M | $6M | $4M | $5M | $8M | $8M | $11M | $12M | · | $14M | $14M | $13M | · | $13M | |
| AOCI | $-18M | $-20M | $-15M | $-18M | $-24M | $-24M | $-26M | $-16M | $-28M | $-29M | · | $-44M | $-34M | $-33M | · | $-43M | |
| Stockholders' Equity | $622M | $603M | $592M | $572M | $548M | $533M | $517M | $516M | $278M | $272M | $265M | $243M | $246M | $240M | $229M | $217M | |
| Liabilities + Equity | $5.61B | $5.58B | $5.54B | $5.47B | $5.39B | $5.44B | $5.44B | $5.47B | $3.20B | $3.18B | · | $3.05B | $3.01B | $3.01B | · | $2.85B | |
| Shares Outstanding | 19,669,802 | 19,611,427 | 19,507,208 | 19,500,983 | 19,535,835 | 19,509,642 | 19,389,967 | 19,373,354 | 10,720,225 | 10,705,077 | · | 10,613,271 | 10,611,425 | 10,691,907 | · | 10,686,064 |
Cash Flow 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $3M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | |
| Stock-based Comp | $2M | $2M | $1M | $1M | $1M | $1M | $1M | $6M | $864.0K | $967.0K | $593.0K | $609.0K | $535.0K | $619.0K | $546.0K | $741.0K | |
| Deferred Tax | · | $3M | · | · | · | $6M | · | · | · | · | · | · | · | · | · | · | |
| Amort. of Intangibles | $2M | $2M | $2M | $2M | $2M | $3M | $3M | $2M | $215.0K | $225.0K | $236.0K | $228.0K | $239.0K | $250.0K | $260.0K | $272.0K | |
| Restructuring | $0 | $0 | $0 | $0 | $0 | $91.0K | $39.0K | $257.0K | $0 | $0 | $0 | $0 | · | · | $0 | $3M | |
| Operating Cash Flow | $23M | $26M | $16M | $23M | $24M | $11M | $8M | $7M | $6M | $13M | $14M | $8M | $16M | $5M | $-2M | $12M | |
| CapEx | $546.0K | $422.0K | $624.0K | $506.0K | $790.0K | $2M | $1M | $363.0K | $37.0K | $63.0K | $522.0K | $266.0K | $1M | $248.0K | $90.0K | $333.0K | |
| Investing Cash Flow | $-52M | $-32M | $-98M | $-41M | $-83M | $40M | $32M | $102M | $-64M | $-9M | $-26M | $-34M | $-37M | $-57M | $-73M | $-79M | |
| Stock Repurchased | $0 | $429.0K | $169.0K | $29.0K | $65.0K | $0 | $0 | $0 | $0 | $0 | $6.0K | $0 | $1M | $1M | $116.0K | $0 | |
| Net Stock Activity | · | $-429.0K | · | · | · | · | · | · | · | $0 | · | · | · | $-1M | · | · | |
| Dividends Paid | $6M | $6M | $5M | $5M | $5M | $5M | $4M | $4M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | |
| Financing Cash Flow | $13M | $18M | $47M | $53M | $-80M | $-13M | $-29M | $-5M | $7M | $114M | $-18M | $44M | $-2M | $89M | $69M | $22M | |
| Net Change in Cash | $-16M | $11M | $-34M | $35M | $-138M | $38M | $12M | $104M | $-50M | $118M | $-30M | $19M | $-22M | $38M | $-6M | $-45M | |
| Free Cash Flow | · | $25M | · | · | · | $9M | · | · | · | $13M | · | · | · | $5M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $86.0K | · | · | · | $-1M | · | · |
Profitability 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 33.8% | 33.8% | · | 34.0% | 31.1% | 29.9% | · | -12.3% | 23.2% | 25.5% | · | 28.1% | 29.3% | 28.3% | · | -15.3% | |
| Pretax Margin | 39.4% | 42.6% | · | 43.0% | 39.6% | 37.7% | · | -15.4% | 29.5% | 32.1% | · | 36.0% | 36.9% | 35.2% | · | -20.3% | |
| ROA | 0.38% | 0.40% | · | 0.40% | 0.45% | 0.42% | · | -0.19% | 0.25% | 0.28% | · | 0.31% | 0.34% | 0.31% | · | -0.17% | |
| ROE | 3.6% | 3.8% | · | 4.0% | 4.7% | 4.5% | · | -2.1% | 2.9% | 3.3% | · | 3.9% | 4.1% | 3.7% | · | -2.0% |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 |
Valuation (TTM) 9
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income TTM | $84M | $81M | · | $51M | $37M | $26M | · | $17M | $35M | $37M | · | $23M | $23M | $22M | · | $20M | |
| Market Cap | $803M | $708M | · | $663M | $622M | $585M | · | $697M | $293M | $287M | · | $223M | $203M | $212M | · | $256M | |
| P/E | 9.4 | 8.6 | · | 12.8 | 14.1 | 14.6 | · | 18.0 | 8.2 | 7.7 | · | 9.5 | 8.8 | 10.0 | · | 13.5 | |
| P/B | 1.3 | 1.2 | · | 1.2 | 1.1 | 1.1 | · | 1.3 | 1.1 | 1.1 | · | 0.9 | 0.8 | 0.9 | · | 1.2 | |
| P / Tangible Book | 1.5 | 1.4 | · | 1.4 | 1.4 | 1.4 | · | 1.7 | 1.1 | 1.1 | · | 1.0 | 0.9 | 1.0 | · | 1.3 | |
| P / Cash Flow | · | 27.7 | · | · | · | 53.5 | · | · | · | 22.6 | · | · | · | 39.2 | · | · | |
| P / FCF | · | 28.2 | · | · | · | 67.8 | · | · | · | 22.7 | · | · | · | 41.1 | · | · | |
| Earnings Yield | 10.7% | 11.6% | · | 7.8% | 7.1% | 6.9% | · | 5.6% | 12.2% | 13.0% | · | 10.5% | 11.3% | 10.0% | · | 7.4% | |
| Payout Ratio | · | 26.9% | · | · | · | 27.9% | · | · | · | 24.9% | · | · | · | 23.2% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $37M | $27M | $19M | $19M | $19M |
| Net Income | $81M | $22M | $36M | $22M | $33M |
| Diluted EPS | $4.18 | $1.48 | $3.42 | $2.06 | $2.96 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.1 | 0.1 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $70M | $33M | $41M | $35M | $40M |
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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Institutional owners (13F) 171 filers · $364.3M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 30 (+6 vs prior Q) | 16 (-10 vs prior Q) | 48 (-10 vs prior Q) | 48 (+12 vs prior Q) | -465K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| DIMENSIONAL FUND ADVISORS LP | $37,609,738 | 921,130 | 10.32% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $34,102,768 | 835,238 | 9.36% | Shares |
| STATE STREET CORP | $27,752,886 | 679,718 | 7.62% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $27,152,644 | 665,017 | 7.45% | Shares |
| AMERICAN CENTURY COMPANIES INC | $24,584,927 | 602,129 | 6.75% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $20,214,596 | 494,976 | 5.55% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $12,433,143 | 304,510 | 3.41% | Shares |
| TWO SIGMA INVESTMENTS, LP | $11,843,068 | 290,058 | 3.25% | Shares |
| ALGERT GLOBAL LLC | $11,744,178 | 287,636 | 3.22% | Shares |
| Qube Research & Technologies Ltd | $11,273,857 | 276,117 | 3.09% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $9,286,171 | 227,435 | 2.55% | Shares |
| ProShare Advisors LLC | $7,056,403 | 172,824 | 1.94% | Shares |
| Petiole USA ltd | $6,849,886 | 167,766 | 1.88% | Shares |
| CITADEL ADVISORS LLC | $6,461,837 | 158,262 | 1.77% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $6,312,767 | 154,611 | 1.73% | Shares |
| Pacific Ridge Capital Partners, LLC | $5,973,511 | 146,302 | 1.64% | Shares |
| Man Group plc | $5,961,670 | 146,012 | 1.64% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $5,290,261 | 129,568 | 1.45% | Shares |
| MILLENNIUM MANAGEMENT LLC | $5,132,862 | 125,713 | 1.41% | Shares |
| BANK OF AMERICA CORP /DE/ | $4,448,183 | 108,944 | 1.22% | Shares |
| VANGUARD GROUP INC | $4,308,170 | 121,631 | 1.18% | Shares |
| GOLDMAN SACHS GROUP INC | $4,105,620 | 100,554 | 1.13% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $3,870,227 | 94,789 | 1.06% | Shares |
| ALLIANCEBERNSTEIN L.P. | $3,560,627 | 98,687 | 0.98% | Shares |
| FIRST TRUST ADVISORS LP | $2,948,048 | 72,203 | 0.81% | Shares |
| D. E. Shaw & Co., Inc. | $2,891,866 | 70,827 | 0.79% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $2,758,638 | 67,564 | 0.76% | Shares |
| PL Capital Advisors, LLC | $2,627,655 | 64,356 | 0.72% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $2,506,227 | 61,382 | 0.69% | Shares |
| Trexquant Investment LP | $2,126,304 | 52,077 | 0.58% | Shares |
| Cetera Investment Advisers | $2,083,290 | 51,023 | 0.57% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $2,045,216 | 50,091 | 0.56% | Shares |
| TWO SIGMA ADVISERS, LP | $2,022,553 | 57,102 | 0.56% | Shares |
| Quantinno Capital Management LP | $2,011,835 | 49,273 | 0.55% | Shares |
| Rosenthal | Henry Capital Advisors, Inc. | $2,004,752 | 49,100 | 0.55% | Shares |
| Empowered Funds, LLC | $1,809,953 | 44,329 | 0.50% | Shares |
| AlphaQuest LLC | $1,558,197 | 43,992 | 0.43% | Shares |
| Swiss National Bank | $1,527,042 | 37,400 | 0.42% | Shares |
| BARCLAYS PLC | $1,523,285 | 37,308 | 0.42% | Shares |
| BlackRock, Inc. | $1,345,838 | 32,962 | 0.37% | Shares |
| Inspire Advisors, LLC | $1,312,970 | 32,157 | 0.36% | Shares |
| Pinnacle Holdings, LLC | $1,271,451 | 31,140 | 0.35% | Shares |
| Y-Intercept (Hong Kong) Ltd | $1,270,466 | 31,116 | 0.35% | Shares |
| RHUMBLINE ADVISERS | $1,035,441 | 25,360 | 0.28% | Shares |
| truNorth Financial Services, Inc. | $947,297 | 23,201 | 0.26% | Shares |
| Vanguard Global Advisers, LLC | $817,784 | 20,029 | 0.22% | Shares |
| Brookwood Investment Group LLC | $800,635 | 19,609 | 0.22% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $784,426 | 19,212 | 0.22% | Shares |
| Summit Trail Advisors, LLC | $778,097 | 19,057 | 0.21% | Shares |
| CITIGROUP INC | $758,050 | 18,566 | 0.21% | Shares |
| Mirae Asset Global Investments Co., Ltd. | $670,388 | 16,419 | 0.18% | Shares |
| Graham Capital Management, L.P. | $669,285 | 16,392 | 0.18% | Shares |
| WELLS FARGO & COMPANY/MN | $655,077 | 16,044 | 0.18% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $637,425 | 17,667 | 0.17% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $614,818 | 15,058 | 0.17% | Shares |
| ALPS ADVISORS INC | $598,854 | 14,667 | 0.16% | Shares |
| MARTINGALE ASSET MANAGEMENT L P | $587,952 | 14,400 | 0.16% | Shares |
| SALZHAUER MICHAEL | $560,759 | 13,734 | 0.15% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $526,258 | 12,889 | 0.14% | Shares |
| RKL Wealth Management LLC | $517,155 | 12,666 | 0.14% | Shares |
| FRANKLIN RESOURCES INC | $498,534 | 12,210 | 0.14% | Shares |
| Bank of New York Mellon Corp | $468,973 | 11,486 | 0.13% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $463,094 | 11,342 | 0.13% | Shares |
| HSBC HOLDINGS PLC | $459,286 | 11,257 | 0.13% | Shares |
| MetLife Investment Management, LLC | $442,026 | 10,826 | 0.12% | Shares |
| Rafferty Asset Management, LLC | $441,291 | 10,808 | 0.12% | Shares |
| Quantbot Technologies LP | $433,533 | 10,618 | 0.12% | Shares |
| Daytona Street Capital LLC | $429,244 | 10,627 | 0.12% | Shares |
| Balyasny Asset Management L.P. | $426,265 | 10,440 | 0.12% | Shares |
| Johnson & White Wealth Management, LLC | $422,248 | 10,342 | 0.12% | Shares |
| Aquatic Capital Management LLC | $421,121 | 10,314 | 0.12% | Shares |
| Russell Investments Group, Ltd. | $416,547 | 10,202 | 0.11% | Shares |
| Brandywine Global Investment Management, LLC | $414,768 | 11,710 | 0.11% | Shares |
| Cubist Systematic Strategies, LLC | $414,562 | 12,200 | 0.11% | Shares |
| JANUS HENDERSON GROUP PLC | $404,152 | 11,200 | 0.11% | Shares |
| Sequoia Financial Advisors, LLC | $396,337 | 9,707 | 0.11% | Shares |
| PNC Financial Services Group, Inc. | $384,169 | 9,409 | 0.11% | Shares |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $363,836 | 8,911 | 0.10% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $363,469 | 8,902 | 0.10% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $360,161 | 8,821 | 0.10% | Shares |
| Susquehanna Portfolio Strategies, LLC | $357,752 | 8,762 | 0.10% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $349,668 | 8,564 | 0.10% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $333,989 | 8,180 | 0.09% | Shares |
| Quadrature Capital Ltd | $322,149 | 7,890 | 0.09% | Shares |
| VISTA INVESTMENT MANAGEMENT | $316,024 | 7,740 | 0.09% | Shares |
| Invesco Ltd. | $315,820 | 7,735 | 0.09% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $308,471 | 7,555 | 0.08% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $289,893 | 7,100 | 0.08% | Shares |
| Focus Partners Advisor Solutions, LLC | $284,177 | 6,960 | 0.08% | Shares |
| Entropy Technologies, LP | $278,134 | 6,812 | 0.08% | Shares |
| BEESE FULMER INVESTMENT MANAGEMENT, INC. | $277,113 | 6,787 | 0.08% | Shares |
| Squarepoint Ops LLC | $275,766 | 6,754 | 0.08% | Shares |
| Savant Capital, LLC | $274,860 | 7,165 | 0.08% | Shares |
| Sterling Capital Management LLC | $274,500 | 6,723 | 0.08% | Shares |
| Centiva Capital, LP | $273,602 | 6,701 | 0.08% | Shares |
| OSAIC HOLDINGS, INC. | $266,353 | 6,523 | 0.07% | Shares |
| apricus wealth, LLC | $261,067 | 6,394 | 0.07% | Shares |
| Aigen Investment Management, LP | $254,044 | 6,222 | 0.07% | Shares |
| ALLSTATE CORP | $249,839 | 6,119 | 0.07% | Shares |
| BROWN ADVISORY INC | $249,839 | 6,119 | 0.07% | Shares |
Company insiders 61 insiders · 37 officers · 23 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Thomas R Quinn Jr | President & CEO | June 1, 2026 F | 0 | 0 | 0 | $0 |
| Neelesh Kalani | EVP, Chief Financial Officer | July 28, 2025 F | 3,015 | 0 | 0 | $0 |
| Thomas R Brugger | EVP, Chief Financial Officer | Jan. 27, 2021 A | 18,698 | 0 | 0 | $0 |
| David P Boyle | Chief Financial Officer | Feb. 5, 2019 D | 47,956 | 0 | 0 | $0 |
| Adam L Metz | SEVP, Chief Operating Officer | July 28, 2025 F | 2,742 | 0 | 0 | $0 |
| Craig L Kauffman | EVP, Chief Operating Officer | Sept. 30, 2024 F | 0 | 0 | 0 | $0 |
| SEIBERT JEFFREY M | Chief Operating Officer | Jan. 29, 2015 A | 42,047 | 0 | 0 | $0 |
| Jeffrey W Embly | Chief Operating Officer | June 27, 2011 M | 6,137 | 0 | 0 | $0 |
| Amy Doll | EVP, Chief Admin. Officer | July 24, 2026 M | 25,669 | 0 | 1 | $-124,913 |
| Michael Jaeger | EVP, Chief Experience Officer | July 1, 2026 F | 3,549 | 0 | 0 | $0 |
| Sean Mulcahy | Chief Accounting Officer | July 1, 2026 F | 2,768 | 0 | 0 | $0 |
| Philip E Fague | EVP, Trust & Wealth | Aug. 14, 2025 G | 44,328 | 0 | 0 | $0 |
| Heather K. Knisely | Chief Human Resources Officer | July 28, 2025 F | 1,756 | 0 | 0 | $0 |
| David Chajkowski | EVP, Chief Credit Officer | July 28, 2025 F | 1,990 | 0 | 0 | $0 |
| Matthew Dyckman | EVP, General Counsel | July 28, 2025 F | 2,675 | 0 | 0 | $0 |
| Christopher D Holt | EVP, Market President | July 28, 2025 F | 3,230 | 0 | 0 | $0 |
| Zachary Moses Khuri | EVP, Chief Revenue Officer | July 28, 2025 F | 2,504 | 0 | 0 | $0 |
| David Todd Hornberger | EVP, Market President | July 28, 2025 F | 2,683 | 0 | 0 | $0 |
| Jeffrey S Gayman | EVP, Mortgage & Retail | July 28, 2025 F | 2,196 | 0 | 0 | $0 |
| Benjamin H Colvard IV | EVP, Chief Operations Officer | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| Christopher Orr | EVP Chief Information Officer | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| Harland E. Carney III | EVP, Market President | Feb. 16, 2025 A | 7,484 | 0 | 0 | $0 |
| Robert G Coradi | EVP, Chief Risk Officer | Feb. 16, 2025 A | 12,737 | 0 | 0 | $0 |
| Chad M Clabaugh | Chief Consumer Banking Officer | Jan. 1, 2025 F | 3,414 | 0 | 0 | $0 |
| Adam D. Bonanno | EVP, Operations & Technology | July 1, 2024 J | 0 | 0 | 0 | $0 |
| Will Joseph Ziegler | EVP, Chief Credit Officer | Feb. 10, 2023 A | 2,806 | 0 | 0 | $0 |
| Robert J Fignar | Executive Vice President | Feb. 16, 2022 A | 11,849 | 0 | 0 | $0 |
| Luke Bernstein | Executive Vice President | Feb. 16, 2022 A | 13,034 | 0 | 0 | $0 |
| Gary Alan Manley | Interim Chief Financial Office | June 26, 2020 D | 2,905 | 0 | 0 | $0 |
| Benjamin W Wallace | EVP Operations & Technology | Jan. 23, 2018 D | 25,646 | 0 | 0 | $0 |
| Douglas P Barton | Chief Accounting Officer | Feb. 5, 2016 A | 10,598 | 0 | 0 | $0 |
| Bradley S Everly | Executive Vice President | Aug. 9, 2011 P | 18,750 | 0 | 0 | $0 |
| Michael A Moore | Senior Vice President | Aug. 8, 2011 P | 200 | 0 | 0 | $0 |
| Benjamin S Stoops | Chief Technology Officer | April 13, 2011 M | — | 0 | 0 | $0 |
| Michelle N Paulnock | Senior Vice President | July 21, 2010 A | — | 0 | 0 | $0 |
| Peter C Zimmerman | Executive Vice President | July 15, 2008 A | 2,400 | 0 | 0 | $0 |
| Stephen C Oldt | Executive Vice President | July 9, 2007 A | 12,643 | 0 | 0 | $0 |
| Joel R Zullinger | Director | July 30, 2026 G | 54,252 | 0 | 0 | $0 |
| Sarah M Brown | Director | Sept. 3, 2025 P | 9,340 | 1 | 0 | $10,080 |
| John W Giambalvo | Director | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| Cindy Jeannette Joiner | Director | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| Eric Andrew Segal | Director | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| John Rodney Messick | Director | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| Brian D Brunner | Director | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| Mark K Keller | Director | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| Glenn W Snoke | Director | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| Barbara E Brobst | Director | May 6, 2025 A | 1,500 | 0 | 0 | $0 |
| Scott V Fainor | Director | May 6, 2025 A | 2,500 | 0 | 0 | $0 |
| Meera R Modi | Director | April 30, 2024 A | 4,641 | 0 | 0 | $0 |
| Thomas D Longenecker | Director | April 30, 2024 A | 4,641 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| PL Capital, LLC, Financial Edge Fund, L.P., Financial Edge—Strategic Fund, L.P., Goodbody/PL Capital, L.P., Goodbody/PL Capital, LLC, PL Capital Advisors, LLC, John W. Palmer, Richard J. Lashley, PL Capital/Focused Fund, L.P. ×7 filings | July 31, 2014 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 48 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| SMDV · ProShares Trust | 1.00% | 177,277 NS | May 31, 2026 | N-PORT |
| BFOR · ALPS ETF Trust | 0.25% | 14,464 NS | May 31, 2026 | N-PORT |
| DPST · Direxion Shares ETF Trust | 0.21% | 28,908 NS | April 30, 2026 | N-PORT |
| PSC · Principal Exchange-Traded Funds | 0.11% | 61,999 NS | June 30, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.09% | 58,277 NS | April 30, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.06% | 468,377 NS | May 31, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.06% | 41,479 NS | May 31, 2026 | N-PORT |
| DFSV · Dimensional ETF Trust | 0.04% | 89,747 NS | April 30, 2026 | N-PORT |
| RSSL · Global X Funds | 0.02% | 8,109 NS | April 30, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.02% | 71,500 NS | April 30, 2026 | N-PORT |
| SCHD · SCHWAB STRATEGIC TRUST | 0.02% | 461,110 NS | May 31, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.02% | 879 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.02% | 64,475 NS | April 30, 2026 | N-PORT |
| EBI · RBB Fund Trust | 0.02% | 2,738 NS | May 31, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.02% | 93,154 NS | May 31, 2026 | N-PORT |
| UWM · ProShares Trust | 0.01% | 688 NS | May 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.01% | 895 NS | April 30, 2026 | N-PORT |
| URTY · ProShares Trust | 0.01% | 691 NS | May 31, 2026 | N-PORT |
| FNCL · FIDELITY COVINGTON TRUST | 0.01% | 4,366 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 728 NS | May 31, 2026 | N-PORT |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.00% | 10,713 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 17 NS | May 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 1,994 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.00% | 26,466 NS | April 30, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.00% | 5,171 NS | April 30, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 694 NS | April 30, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.00% | 5,728 NS | April 30, 2026 | N-PORT |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 11,541 NS | May 31, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.00% | 3,096 NS | April 30, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VFMV · VANGUARD WELLINGTON FUND | — | — | July 30, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | — | — | July 30, 2026 | Daily |
| VFVA · VANGUARD WELLINGTON FUND | — | — | July 30, 2026 | Daily |
| VFMF · VANGUARD WELLINGTON FUND | — | — | July 30, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| ITOT · iShares Trust | — | — | July 22, 2026 | Daily |
| IWV · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| IWN · iShares Trust | — | — | Aug. 17, 2026 | Daily |
| IWM · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| IWC · iShares Trust | — | — | Aug. 18, 2026 | Daily |
| PFM · Invesco Exchange-Traded Fund Trust | — | — | July 13, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | — | — | July 13, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | — | — | July 13, 2026 | Daily |
| VFH · VANGUARD WORLD FUND | — | — | July 20, 2026 | Daily |
| WSML · iShares Trust | — | — | July 20, 2026 | Daily |