William Penn Bancorp
Market Cap
US$163.9m
Last Updated
2021/02/26 01:03 UTC
Data Sources
Company Financials
Executive Summary
William Penn Bancorp, Inc. operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Excellent balance sheet unattractive dividend payer.
Similar Companies
Share Price & News
How has William Penn Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine WMPN's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine WMPN's volatility change over the past year.
Market Performance
7 Day Return
-0.3%
WMPN
-2.2%
US Mortgage
-3.2%
US Market
1 Year Return
-5.2%
WMPN
9.9%
US Mortgage
38.9%
US Market
Return vs Industry: WMPN underperformed the US Mortgage industry which returned 10.3% over the past year.
Return vs Market: WMPN underperformed the US Market which returned 37.1% over the past year.
Shareholder returns
| WMPN | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | -2.2% | -3.2% |
| 30 Day | -6.4% | -2.8% | -0.8% |
| 90 Day | 5.0% | 8.0% | 3.1% |
| 1 Year | -3.6%-5.2% | 13.1%9.9% | 42.0%38.9% |
| 3 Year | 5.7%1.4% | 19.2%9.6% | 60.6%50.3% |
| 5 Year | 79.5%67.8% | 70.9%47.2% | 128.0%102.5% |
Long-Term Price Volatility Vs. Market
How volatile is William Penn Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is William Penn Bancorp undervalued compared to its fair value and its price relative to the market?
133.76x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WMPN ($36.5) is trading above our estimate of fair value ($0.6)
Significantly Below Fair Value: WMPN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WMPN is poor value based on its PE Ratio (133.8x) compared to the US Mortgage industry average (13.2x).
PE vs Market: WMPN is poor value based on its PE Ratio (133.8x) compared to the US market (21.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WMPN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WMPN is overvalued based on its PB Ratio (1.7x) compared to the US Mortgage industry average (1x).
Next Steps
Future Growth
How is William Penn Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-10.3%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as William Penn Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine William Penn Bancorp's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access William Penn Bancorp's filings and announcementshere.
- Explore growth companies in the Banks industry.
Past Performance
How has William Penn Bancorp performed over the past 5 years?
-4.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WMPN has a large one-off loss of $2.7M impacting its September 30 2020 financial results.
Growing Profit Margin: WMPN's current net profit margins (6.6%) are lower than last year (25.3%).
Past Earnings Growth Analysis
Earnings Trend: WMPN's earnings have declined by 4.1% per year over the past 5 years.
Accelerating Growth: WMPN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WMPN had negative earnings growth (-70.1%) over the past year, making it difficult to compare to the Mortgage industry average (8.6%).
Return on Equity
High ROE: WMPN's Return on Equity (1.2%) is considered low.
Next Steps
Financial Health
How is William Penn Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WMPN's Assets to Equity ratio (7.7x) is low.
Allowance for Bad Loans: WMPN has a low allowance for bad loans (75%).
Low Risk Liabilities: 91% of WMPN's liabilities are made up of primarily low risk sources of funding.
Loan Level: WMPN has an appropriate level of Loans to Assets ratio (68%).
Low Risk Deposits: WMPN's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: WMPN has an appropriate level of bad loans (0.9%).
Next Steps
Dividend
What is William Penn Bancorp current dividend yield, its reliability and sustainability?
1.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WMPN's dividend (1.15%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: WMPN's dividend (1.15%) is low compared to the top 25% of dividend payers in the US market (3.7%).
Stability and Growth of Payments
Stable Dividend: WMPN's dividends per share have been stable in the past 10 years.
Growing Dividend: WMPN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (153.9%), WMPN's dividend payments are not 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Ken Stephon (61 yo)
2yrs
Tenure
US$548,099
Compensation
Mr. Kenneth J. Stephon, also known as Ken, is the Chief Executive Officer and President of William Penn Bancorp, Inc. since February 2019 and since October 2018 respectively and has been its Director since...
CEO Compensation Analysis
Compensation vs Market: Ken's total compensation ($USD548.10K) is below average for companies of similar size in the US market ($USD944.53K).
Compensation vs Earnings: Insufficient data to compare Ken's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2yrs | US$548.10k | 0.021% $ 35.2k | |
| Executive VP & COO | 0.83yr | US$276.98k | no data | |
| Executive VP and Chief Retail & Commercial Officer | 1.92yrs | US$318.35k | no data | |
| Senior VP | 0.83yr | no data | no data | |
| Senior VP & CTO | 3.08yrs | no data | no data | |
| Senior VP and Chief Admin. & Risk Officer | 2.08yrs | no data | no data | |
| Senior VP | 3.08yrs | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Loan Servicing Manager | 1.25yrs | no data | no data | |
| Senior Vice President of Deposit Operations | 1.25yrs | no data | no data | |
| Senior VP & Controller | 3.08yrs | no data | no data | |
| Senior VP & Director of Commercial Lending | no data | no data | no data |
2.0yrs
Average Tenure
42yo
Average Age
Experienced Management: WMPN's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2yrs | US$548.10k | 0.021% $ 35.2k | |
| Independent Director | 2.58yrs | US$43.62k | 0.0022% $ 3.7k | |
| Independent Director | 35.08yrs | US$43.62k | 0.30% $ 492.7k | |
| Lead Independent Director | 0.25yr | US$48.12k | 0.31% $ 511.0k | |
| Independent Director | 35.08yrs | US$43.62k | 0.11% $ 182.5k | |
| Director | 32.08yrs | US$43.62k | 0.34% $ 549.1k | |
| Independent Director | 28.08yrs | US$43.62k | 0.11% $ 175.2k | |
| Director | 10.75yrs | US$41.22k | 0.29% $ 476.6k | |
| Independent Director | 2.58yrs | US$43.62k | 0.0022% $ 3.7k | |
| Independent Director | 0.75yr | US$5.47k | 0.0078% $ 12.8k | |
| Independent Director | 0.75yr | US$5.47k | 0.0044% $ 7.3k |
2.6yrs
Average Tenure
68yo
Average Age
Experienced Board: WMPN's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.8%.
Top Shareholders
Company Information
William Penn Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: William Penn Bancorp, Inc.
- Ticker: WMPN
- Exchange: OTCPK
- Founded: 1870
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$163.861m
- Shares outstanding: 4.49m
- Website: https://williampenn.bank
Number of Employees
Location
- William Penn Bancorp, Inc.
- 10 Canal Street
- Suite 104
- Bristol
- Pennsylvania
- 19007
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WMPN | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Apr 2008 |
Biography
William Penn Bancorp, Inc. operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States. The company offers...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 01:03 |
| End of Day Share Price | 2021/02/23 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/06/30 |
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.