ESSA Bancorp (NASDAQ:ESSA) Releases Quarterly Earnings Results

ESSA Bancorp (NASDAQ:ESSA) released its quarterly earnings data on Wednesday. The financial services provider reported $0.41 earnings per share (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 Price Performance

Shares of ESSA Bancorp stock traded up $0.24 during midday trading on Wednesday, reaching $21.30. The company had a trading volume of 18,041 shares, compared to its average volume of 45,552. The stock has a fifty day simple moving average of $19.92 and a 200 day simple moving average of $19.19. ESSA Bancorp has a 1-year low of $15.29 and a 1-year high of $21.62. 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 company has a market capitalization of $216.20 million, a price-to-earnings ratio of 11.97 and a beta of 0.40.

ESSA Bancorp Dividend Announcement

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of ESSA Bancorp in a report 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.