OTCPK:WMPN

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

William Penn Bancorp

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


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

WMPNIndustryMarket
7 Day-0.3%-2.2%-3.2%
30 Day-6.4%-2.8%-0.8%
90 Day5.0%8.0%3.1%
1 Year-3.6%-5.2%13.1%9.9%42.0%38.9%
3 Year5.7%1.4%19.2%9.6%60.6%50.3%
5 Year79.5%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

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

NamePositionTenureCompensationOwnership
Kenneth Stephon
President2yrsUS$548.10k0.021%
$ 35.2k
Gregory Garcia
Executive VP & COO0.83yrUS$276.98kno data
Jill Ross
Executive VP and Chief Retail & Commercial Officer1.92yrsUS$318.35kno data
Jonathan Logan
Senior VP0.83yrno datano data
James Read
Senior VP & CTO3.08yrsno datano data
Laurie Wallace
Senior VP and Chief Admin. & Risk Officer2.08yrsno datano data
Steven Gillespie
Senior VP3.08yrsno datano data
Michele Herzog
Vice President of Human Resourcesno datano datano data
Robin Fadio
Senior Vice President of Loan Servicing Manager1.25yrsno datano data
Patricia Dykes
Senior Vice President of Deposit Operations1.25yrsno datano data
Karen Hunter
Senior VP & Controller3.08yrsno datano data
Bruce Knipe
Senior VP & Director of Commercial Lendingno datano datano 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

NamePositionTenureCompensationOwnership
Kenneth Stephon
President2yrsUS$548.10k0.021%
$ 35.2k
Vincent Sarubbi
Independent Director2.58yrsUS$43.62k0.0022%
$ 3.7k
William Blakey Parry
Independent Director35.08yrsUS$43.62k0.30%
$ 492.7k
William Feeney
Lead Independent Director0.25yrUS$48.12k0.31%
$ 511.0k
Glenn Davis
Independent Director35.08yrsUS$43.62k0.11%
$ 182.5k
Charles Corcoran
Director32.08yrsUS$43.62k0.34%
$ 549.1k
Craig Burton
Independent Director28.08yrsUS$43.62k0.11%
$ 175.2k
Terry Sager
Director10.75yrsUS$41.22k0.29%
$ 476.6k
D. Carmody
Independent Director2.58yrsUS$43.62k0.0022%
$ 3.7k
William Niemczura
Independent Director0.75yrUS$5.47k0.0078%
$ 12.8k
Christopher Molden
Independent Director0.75yrUS$5.47k0.0044%
$ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WMPNOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/26 01:03
End of Day Share Price2021/02/23 00:00
Earnings2020/09/30
Annual Earnings2020/06/30


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.