ESSA Bancorp, Inc. operates as the holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania.
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has ESSA Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ESSA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ESSA exceeded the US Mortgage industry which returned -26.6% over the past year.
Return vs Market: ESSA exceeded the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is ESSA Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StA Sliding Share Price Has Us Looking At ESSA Bancorp, Inc.'s (NASDAQ:ESSA) P/E Ratio
3 weeks ago | Simply Wall StIs It Smart To Buy ESSA Bancorp, Inc. (NASDAQ:ESSA) Before It Goes Ex-Dividend?
1 month ago | Simply Wall StHow Does ESSA Bancorp, Inc. (NASDAQ:ESSA) Stand Up To These Simple Dividend Safety Checks?
Is ESSA Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ESSA ($13.98) is trading above our estimate of fair value ($5.22)
Significantly Below Fair Value: ESSA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ESSA is poor value based on its PE Ratio (11.4x) compared to the Mortgage industry average (10.5x).
PE vs Market: ESSA is good value based on its PE Ratio (11.4x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: ESSA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ESSA is good value based on its PB Ratio (0.8x) compared to the US Mortgage industry average (0.8x).
How is ESSA Bancorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ESSA's earnings are forecast to decline over the next 3 years (-6.4% per year).
Earnings vs Market: ESSA's earnings are forecast to decline over the next 3 years (-6.4% per year).
High Growth Earnings: ESSA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ESSA's revenue (4.9% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: ESSA's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ESSA's Return on Equity is forecast to be high in 3 years time
How has ESSA Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESSA has high quality earnings.
Growing Profit Margin: ESSA's current net profit margins (24.2%) are higher than last year (21.3%).
Past Earnings Growth Analysis
Earnings Trend: ESSA's earnings have grown by 3.8% per year over the past 5 years.
Accelerating Growth: ESSA's earnings growth over the past year (16.5%) exceeds its 5-year average (3.8% per year).
Earnings vs Industry: ESSA earnings growth over the past year (16.5%) exceeded the Mortgage industry 11.1%.
Return on Equity
High ROE: ESSA's Return on Equity (6.8%) is considered low.
How is ESSA Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: ESSA has a low level of unsold assets or inventory.
Debt Coverage by Assets: ESSA's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: ESSA's level of assets compared to its equity is low.
Allowance for Bad Loans: ESSA has a sufficient allowance for bad loans.
Low Risk Liabilities: ESSA's liabilities are made up of primarily low risk sources of funding.
Loan Level: ESSA has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ESSA's loans are broadly funded by customer deposits.
Level of Bad Loans: ESSA has an appropriate level of bad loans (0.72%)
What is ESSA Bancorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ESSA's dividend (3.15%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: ESSA's dividend (3.15%) is low compared to the top 25% of dividend payers in the US market (5.37%).
Stability and Growth of Payments
Stable Dividend: ESSA's dividends per share have been stable in the past 10 years.
Growing Dividend: ESSA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.4%), ESSA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gary Olson (65yo)
Mr. Gary S. Olson has been the President and Chief Executive Officer at ESSA Bancorp, Inc. and its subsidiary ESSA Bank & Trust since 2000. Mr. Olson began his career at ESSA Bank & Trust in 1977. He has b ...
CEO Compensation Analysis
Compensation vs Market: Gary's total compensation ($USD972.57K) is above average for companies of similar size in the US market ($USD605.16K).
Compensation vs Earnings: Gary's compensation has increased by more than 20% in the past year.
|Executive VP & CFO||14.25yrs||US$494.52k||1.12% $1.6m|
|Executive VP & COO||4.67yrs||US$520.72k||0.35% $496.4k|
|Senior Vice President of Administration & Operations Division||7.25yrs||US$302.20k||1.24% $1.8m|
|VP of Investor & Community Relations||no data||no data||no data|
|General Counsel||no data||no data||no data|
|Senior Vice President of Human Resources Services Division||20.25yrs||US$388.33k||1.24% $1.8m|
|Senior VP & Controller||no data||no data||0.15% $212.5k|
|Executive VP & Chief Banking Officer||2.33yrs||no data||0.15% $212.9k|
|Corporate Secretary||no data||no data||no data|
Experienced Management: ESSA's management team is seasoned and experienced (10.8 years average tenure).
|Independent Director||14.25yrs||US$38.80k||0.28% $407.5k|
|Director Emeritus||5.08yrs||US$41.50k||no data|
|Director Emeritus||no data||US$78.23k||0.65% $925.6k|
|Independent Chairman of the Board||1.08yrs||US$63.11k||0.85% $1.2m|
|Independent Director||14.25yrs||US$41.07k||0.55% $787.5k|
|Independent Director||9.08yrs||US$41.46k||0.32% $453.9k|
|Independent Director||1.75yrs||US$36.50k||0.031% $44.5k|
|Independent Director||4.08yrs||US$38.00k||0.031% $43.7k|
|Independent Director||4.08yrs||US$38.00k||0.029% $40.9k|
Experienced Board: ESSA's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ESSA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ESSA Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: ESSA Bancorp, Inc.
- Ticker: ESSA
- Exchange: NasdaqGS
- Founded: 1916
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$142.975m
- Shares outstanding: 10.47m
- Website: https://ir.essabank.com
Number of Employees
- ESSA Bancorp, Inc.
- 200 Palmer Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ESSA||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Apr 2007|
ESSA Bancorp, Inc. operates as the holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts. Its loan portfolio includes first mortgage loans for the purchase, construction, or refinancing of one- to four-family residential real estate property; commercial real estate loans; home equity loans and lines of credit; and commercial and consumer loans, including indirect auto loans, as well as loans secured by deposits and personal unsecured loans. In addition, it the company offers insurance benefits consulting services, such as health insurance, life insurance, short term and long term disability, dental, vision, 401(K) retirement planning, and individual health products, as well as asset management and trust, and investment services. As of September 30, 2019, it operated 22 full-service banking offices, including 7 offices in Monroe County, 3 offices in Lehigh County, 6 offices in Northampton County, 1 office in Lackawanna County, 1 office in Luzerne County, 1 office in Chester County, 2 offices in Delaware County, and 1 office in Montgomery County, Pennsylvania. The company was founded in 1916 and is based in Stroudsburg, Pennsylvania.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 03:26|
|End of Day Share Price||2020/03/31 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.