NEW YORK ( TheStreet) -- Orrstown Financial Services (Nasdaq: ORRF) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Orrstown Financial Services, Inc. operates as the bank holding company for Orrstown Bank that provides various commercial banking and trust services in Pennsylvania and Maryland. It offers various deposit products, including demand, time, savings, checking, and money market deposits. The company has a P/E ratio of 12.5, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 21.8. Orrstown Financial Services has a market cap of $215.9 million and is part of the financial sector and banking industry. Shares are up 0.3% year to date as of the close of trading on Monday.

You can view the full Orrstown Financial Services Ratings Report or get investment ideas from our investment research center.

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