StockNews.AI
ESSA
StockNews.AI
202 days

ESSA Bancorp, Inc. Announces Fiscal First Quarter 2025 Financial Results

1. ESSA's Q1 2025 net income decreased to $4.0 million from $4.3 million.

Earnings
-1.78%Current Return
VS
+0.54%S&P 500
$21.301/29 04:42 PM EDTEvent Start
$20.9201/30 11:26 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bearish?

The decline in net income suggests weakening profitability, which may concern investors. Similar past earnings dips have negatively impacted shares.

How important is it?

Earnings results significantly affect investor perception, impacting stock movement. A consistent decline in net income could create long-term concerns.

Why Short Term?

Immediate market reaction to earnings typically affects stock prices short-term. Historical earnings announcements often see fluctuations in stock value.

Related Companies

ESSA
STROUDSBURG, PA / ACCESS Newswire / January 29, 2025 / ESSA Bancorp, Inc. (the "Company") (NASDAQ:ESSA), the holding company for ESSA Bank & Trust (the "Bank"), a $2.2 billion asset financial institution providing full service commercial and retail banking, asset management and trust, and investment services in eastern Pennsylvania, today announced financial results for the fiscal first quarter period ended December 31, 2024. Net income was $4.0 million, or $0.41 per diluted share, for the three months ended December 31, 2024, compared with $4.3 million, or $0.45 per diluted share, for the three months ended December 31, 2023.

Related News