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ESSA Bancorp Inc - ESSA STOCK NEWS

Welcome to our dedicated news page for ESSA Bancorp (Ticker: ESSA), a resource for investors and traders seeking the latest updates and insights on ESSA Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ESSA Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ESSA Bancorp's position in the market.

Rhea-AI Summary
ESSA Bancorp, Inc. declares a dividend of $0.15 per share, payable to shareholders of record as of March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
dividends
-
Rhea-AI Summary
ESSA Bancorp, Inc. announced financial results for the fiscal first quarter ended December 31, 2023, with net income of $4.3 million and a decrease in diluted earnings per share compared to the previous year. Despite a dramatic interest rate shift affecting loan activity, the company emphasized its strong asset quality, low nonperforming loans, and manageable long-term growth. Net interest income, total net loans, and yield on average interest earning assets also saw changes compared to the previous year. The company also adopted a new accounting standard, resulting in changes to the allowance for credit losses and retained earnings. Overall, the company demonstrated sound earnings, strong asset quality, and financial strength.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
-
Rhea-AI Summary
ESSA Bancorp, Inc. (NASDAQ:ESSA) Declares Dividend of $0.15 per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
dividends
Rhea-AI Summary
ESSA Bancorp, Inc. announces financial results for Q4 and full year 2023, with net income of $4.6 million and $18.6 million, respectively. Loan growth and diligent interest rate management contributed to interest income growth, but net interest income after provision for loan losses decreased. Asset quality remained strong, and total deposits increased. Total stockholders' equity and tangible book value per share also increased.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.65%
Tags
-
Rhea-AI Summary
ESSA Bancorp, Inc. declares dividend of $0.15 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.85%
Tags
dividends
ESSA Bancorp Inc

Nasdaq:ESSA

ESSA Rankings

ESSA Stock Data

162.86M
6.83M
15.97%
44.55%
0.23%
Savings Institutions
Finance and Insurance
Link
United States
Stroudsburg

About ESSA

essa bank & trust is the leading service-oriented financial institution headquartered in the greater pocono, pennsylvania region. corporate headquarters are located in downtown stroudsburg, pennsylvania and the bank has 25 community offices throughout the greater pocono and lehigh valley areas in pennsylvania. in addition to being one of the region's largest mortgage lenders, essa bank & trust offers a full range of retail, investment, trust and commercial financial services.