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Blue Chip Growth

Stock Report: Oritani Financial Corp. (ORIT) Report Updated: Jul 25, 2016 | Print This Page

Get more stock ratings by Louis Navellier

Oritani Financial Corp. (ORIT)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: Thrifts & Mortgage Finance
Competitors: FBC,FCLF,MSBF,LSBG

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: B down no change
Last Week: B same no change
Two Weeks Ago: B up no change
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Oritani Financial Corp.© quotemedia

Company Profile

Oritani Financial Corp. operates as a savings and loan holding company for Oritani Bank that provides various banking services for individual and corporate customers in the United States. It accepts a range of deposit products, including non-interest and interest-bearing demand and NOW checking accounts, money market deposit accounts, savings accounts, retirement accounts, and time deposits. The company also provides residential commercial real estate loans comprising mortgage loans secured by apartment buildings; commercial real estate loans, including mortgage loans secured by retail anchor shopping centers, commercial offices, retail space, warehouses, and mixed-use buildings; and residential real estate loans, such as one to four family residential real property and home equity loans. It also offers second mortgage and equity loans, and home equity lines of credit, as well as construction loans. In addition, the company owns and invests in securities and real estate properties. As of June 30, 2015, it operated 25 full service branches in Bergen, Hudson, Essex, and Passaic counties in New Jersey; and 2 lending offices in New York. The company was founded in 1911 and is headquartered in Township of Washington, New Jersey.