ESSA Bancorp, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2023
July 27, 2023 at 02:32 pm
Share
ESSA Bancorp, Inc. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported net interest income was USD 15.24 million compared to USD 14.96 million a year ago. Net income was USD 4.4 million compared to USD 5.04 million a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to USD 0.51 a year ago. Diluted earnings per share from continuing operations was USD 0.45 compared to USD 0.51 a year ago.
For the nine months, net interest income was USD 46.01 million compared to USD 42.74 million a year ago. Net income was USD 13.95 million compared to USD 14.24 million a year ago. Basic earnings per share from continuing operations was USD 1.44 compared to USD 1.46 a year ago. Diluted earnings per share from continuing operations was USD 1.44 compared to USD 1.46 a year ago.
ESSA Bancorp, Inc. is a holding company for ESSA Bank & Trust (the Bank). The Bank is a chartered savings bank. The Bank has two regional offices in Allentown and Devon, and operates 21 community offices throughout the greater Pocono, Lehigh Valley, Scranton/Wilkes-Barre and suburban Philadelphia areas. The Bankâs primary business consists of the taking of deposits and granting of loans to customers generally in Monroe, Northampton, Lehigh, Delaware, Chester, Montgomery, Lackawanna and Luzerne Counties, Pennsylvania. Its personal banking services include personal checking, personal savings, certificates of deposit, money market account, individual retirement accounts (IRAs), online banking, mobile banking, mobile deposit, online bill pay, e-statements, Zelle, Debit Mastercard and others. Its business banking services include business checking, IOLTA checking, government checking, commercial and industrial loans, commercial real estate loans, government financing and credit and others.