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Jun 30, 2023

William Penn Bancorp Q4 2023 Earnings Report

William Penn Bancorporation's financial results for Q4 2023 were announced, with net income of $531 thousand, or $0.05 per share.

Key Takeaways

William Penn Bancorporation reported a net income of $531 thousand, or $0.05 per basic and diluted share, for the quarter ended June 30, 2023. The company experienced deposit growth and maintained a low level of uninsured deposits. The Board of Directors declared a cash dividend of $0.03 per share.

Net income was $531 thousand, or $0.05 per basic and diluted share.

Core net income was $510 thousand, or $0.04 per basic and diluted share.

Deposits grew during the quarter.

A cash dividend of $0.03 per share was declared.

Total Revenue
$5.85M
Previous year: $6.6M
-11.4%
EPS
$0.04
Previous year: $0.08
-50.0%
Net Interest Margin
2.73%
Previous year: 3.2%
-14.7%
Non-Performing Assets to Total Assets
0.49%
Previous year: 0.74%
-33.8%
Cash and Equivalents
$20.8M
Previous year: $36.2M
-42.5%
Free Cash Flow
$1.76M
Previous year: $1.09M
+61.9%
Total Assets
$848M
Previous year: $880M
-3.7%

William Penn Bancorp

William Penn Bancorp

Forward Guidance

William Penn Bancorporation remains focused on aspects of their business that they believe will support long-term value for their shareholders.