ESSA Bancorp (ESSA, Financial) experienced a significant drop of 5.43% in its stock price, trading at $18.98 per share with a volume of 2,390 shares. The stock showed a turnover rate of 0.02% and a price fluctuation of 4.24%.
In its recent financial report, ESSA reported revenue of $27.78 million and a net profit of $3.91 million, with earnings per share of $0.41. The company currently holds a PE ratio of 10.73. Regarding institutional ratings, the stock received a hold recommendation from the sole participating brokerage, with no buy or sell ratings issued.
The overall banking sector, where ESSA operates, saw a decline of 0.77%. Within the sector, stocks such as Patriot National Bancorp, United Community Banks, and HDFC Bank recorded notable gains. Meanwhile, Sandy Spring Bank, Atlantic Union Bankshares Corporation, and Stock Yards Bancorp, Inc. showed active trading with turnover rates of 8.07%, 5.48%, and 4.57% respectively. Stocks like Home BancShares, Sierra Bancorp, and Patriot National Bancorp exhibited high volatility, with price fluctuations of 12.00%, 9.55%, and 9.21% respectively.
ESSA Bancorp Inc is a stock holding company that engages in public deposit acceptance and invests these deposits, along with funds from operations and borrowings, into residential first mortgage loans, commercial real estate loans, home equity loans, credit lines, and commercial and industrial loans. The company offers various deposit accounts and also provides asset management, trust services, and investment services. Additionally, through its subsidiary, ESSA Advisory Services, LLC, it offers insurance benefits consulting.
