William Penn Bancorp Q1 2024 Earnings Report
Key Takeaways
William Penn Bancorp reported a net income of $179 thousand, or $0.02 per share, for the quarter ended September 30, 2023. This is a decrease compared to the net income of $1.0 million, or $0.08 per share, for the quarter ended September 30, 2022. The company repurchased 1,624,018 shares at a total cost of $19.8 million during the quarter.
Net income decreased to $179 thousand, or $0.02 per share, compared to $1.0 million, or $0.08 per share, in the same quarter last year.
Core net income decreased to $123 thousand, or $0.01 per share, compared to $1.0 million, or $0.08 per share, in the same quarter last year.
The Board of Directors declared a cash dividend of $0.03 per share, payable on November 9, 2023.
1,624,018 shares were repurchased at a total cost of $19.8 million, an average of $12.16 per share.