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

1. ESSA Bancorp reported decreased net income of $2.7 million for Q2 2025. 2. Net income per share fell from $0.48 to $0.29 year-over-year.

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$18.3104/23 04:36 PM EDTEvent Start

$18.5804/24 11:24 PM EDTLatest Updated
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FAQ

Why Bearish?

The significant decrease in net income and earnings per share indicates declining profitability. Historical trends show that similar performances often lead to stock price declines.

How important is it?

The significant drop in net income and diluted earnings per share directly affects investor sentiment and stock valuation. This change is vital for understanding ESSA's financial health.

Why Short Term?

Investors often react quickly to quarterly earnings reports, especially negative ones. The immediate drop in income could influence short-term trading behavior.

STROUDSBURG, PA / ACCESS Newswire / April 23, 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 second quarter and fiscal first half periods ended March 31, 2025. Net income was $2.7 million, or $0.29 per diluted share, for the three months ended March 31, 2025, compared with $4.6 million, or $0.48 per diluted share, for the three months ended March 31, 2024.

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