Loading...
•
Sep 30, 2021
William Penn Bancorp Q1 2022 Earnings Report
William Penn Bancorporation's financial results were announced for the quarter ended September 30, 2021, with a net income of $1.2 million, or $0.08 per diluted share.
Key Takeaways
William Penn Bancorporation reported a net income of $1.2 million, or $0.08 per diluted share, for the quarter ended September 30, 2021. This compares to a net income of $670 thousand, or $0.05 per diluted share, for the quarter ended September 30, 2020. The results include a $235 thousand income tax benefit related to refunds received associated with the carryback of net operating losses under the CARES Act.
William Penn recorded net income of $1.2 million, or $0.08 per diluted share.
The company recognized a $235 thousand income tax benefit related to refunds received under the CARES Act.
William Penn purchased $53.2 million of high-quality investment securities.
Core deposits increased at an annualized rate of 17.4%.
Forward Guidance
This news release may contain forward-looking statements, which can be identified by the use of words such as “believes,” “expects,” “anticipates,” “estimates” or similar expressions. Such forward-looking statements and all other statements that are not historic facts are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...