William Penn Bancorp Q4 2022 Earnings Report
Key Takeaways
William Penn Bancorp reported a net income of $1.1 million, or $0.08 per basic and diluted share, for Q4 2022, compared to a net income of $666 thousand, or $0.05 per basic and diluted share, for Q4 2021. The company's board declared a cash dividend of $0.03 per share.
Net income for the quarter was $1.1 million, up from $666 thousand in the same period last year.
Core net income for the quarter was $1.2 million, compared to $745 thousand in the same period last year.
Net interest margin increased to 3.20% for the quarter.
The company repurchased 766,936 shares under stock repurchase programs at a total cost of $9.1 million.
William Penn Bancorp
William Penn Bancorp
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.