ESSA Bancorp (NASDAQ:ESSA) Releases Earnings Results

ESSA Bancorp (NASDAQ:ESSA) released its quarterly earnings data on Wednesday. The financial services provider reported $0.41 EPS for the quarter, Zacks reports. ESSA Bancorp had a return on equity of 7.55% and a net margin of 15.22%.

ESSA Bancorp Trading Up 1.1 %

Shares of ESSA stock traded up $0.24 during mid-day trading on Wednesday, reaching $21.30. The stock had a trading volume of 18,041 shares, compared to its average volume of 45,552. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.04. The stock’s 50-day moving average price is $19.92 and its two-hundred day moving average price is $19.19. The firm has a market capitalization of $216.20 million, a PE ratio of 11.97 and a beta of 0.40. ESSA Bancorp has a 52-week low of $15.29 and a 52-week high of $21.62.

ESSA Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend was Monday, December 16th. ESSA Bancorp’s dividend payout ratio (DPR) is presently 33.71%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on ESSA Bancorp in a research note on Wednesday. They issued a “hold” rating on the stock.

ESSA Bancorp Company Profile

ESSA Bancorp, Inc operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts.