Published on 23 Mar 2024 on Simply Wall St. via Yahoo Finance

Do Orange County Bancorp's (NASDAQ:OBT) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.

Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Orange County Bancorp (NASDAQ:OBT). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Orange County Bancorp with the means to add long-term value to shareholders.

View our latest analysis for Orange County Bancorp