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William Penn Bancorp

OTCPK:WMPN
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WMPN
OTCPK
$146M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

William Penn Bancorp, Inc. operates as the holding company for William Penn Bank that provides personal and business banking products and related financial services in the United States. The last earnings update was 252 days ago. More info.


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WMPN Share Price and Events
7 Day Returns
0%
OTCPK:WMPN
-1.1%
US Mortgage
-0.3%
US Market
1 Year Returns
19.7%
OTCPK:WMPN
0.6%
US Mortgage
3.4%
US Market
WMPN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
William Penn Bancorp (WMPN) 0% 0% -3.2% 19.7% 71.2% 104.4%
US Mortgage -1.1% 0.8% 0.9% 0.6% 32.3% 42.9%
US Market -0.3% 2.9% 2.1% 3.4% 36.2% 41.3%
1 Year Return vs Industry and Market
  • WMPN outperformed the Mortgage industry which returned 0.6% over the past year.
  • WMPN outperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
WMPN
Industry
5yr Volatility vs Market

WMPN Value

 Is William Penn Bancorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of William Penn Bancorp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for William Penn Bancorp.

OTCPK:WMPN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $17.78 * 4%
$0.71
Book Value of Equity per Share Median Book Value from the past 5 years. $17.78
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:WMPN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.858 (1 + (1- 21%) (31.75%))
1.102
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.102 * 5.96%)
9.3%

Discounted Cash Flow Calculation for OTCPK:WMPN using Excess Returns Model Model

The calculations below outline how an intrinsic value for William Penn Bancorp is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

OTCPK:WMPN Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (4% – 9.3%) * $17.78)
$-0.94
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.94 / (9.3% - 2.73%)
$-14.34
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $17.78 + $-14.34
$3.43
OTCPK:WMPN Discount to Share Price
Calculation Result
Value per share (USD) From above. $3.43
Current discount Discount to share price of $36.80
= -1 x ($36.80 - $3.43) / $3.43
-971.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of William Penn Bancorp is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for William Penn Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are William Penn Bancorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:WMPN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $0.46
OTCPK:WMPN Share Price ** OTCPK (2019-05-29) in USD $36.8
United States of America Mortgage Industry PE Ratio Median Figure of 129 Publicly-Listed Mortgage Companies 14.33x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of William Penn Bancorp.

OTCPK:WMPN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:WMPN Share Price ÷ EPS (both in USD)

= 36.8 ÷ 0.46

80.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • William Penn Bancorp is overvalued based on earnings compared to the US Mortgage industry average.
  • William Penn Bancorp is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does William Penn Bancorp's expected growth come at a high price?
Raw Data
OTCPK:WMPN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 80.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
20.7%per year
United States of America Mortgage Industry PEG Ratio Median Figure of 50 Publicly-Listed Mortgage Companies 1.23x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for William Penn Bancorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on William Penn Bancorp's assets?
Raw Data
OTCPK:WMPN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $18.50
OTCPK:WMPN Share Price * OTCPK (2019-05-29) in USD $36.8
United States of America Mortgage Industry PB Ratio Median Figure of 145 Publicly-Listed Mortgage Companies 1.13x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.8x
OTCPK:WMPN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:WMPN Share Price ÷ Book Value per Share (both in USD)

= 36.8 ÷ 18.50

1.99x

* Primary Listing of William Penn Bancorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • William Penn Bancorp is overvalued based on assets compared to the US Mortgage industry average.
X
Value checks
We assess William Penn Bancorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. William Penn Bancorp has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WMPN Future Performance

 How is William Penn Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover William Penn Bancorp, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is William Penn Bancorp expected to grow at an attractive rate?
  • William Penn Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • William Penn Bancorp's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare William Penn Bancorp's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:WMPN Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:WMPN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 20.7%
United States of America Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
United States of America Mortgage Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:WMPN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:WMPN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 11 2
2018-06-30 10 2 1
2018-03-31 9 2
2017-12-31 9 2
2017-09-30 9 3
2017-06-30 9 3 3
2017-03-31 9 2
2016-12-31 9 3
2016-09-30 9 2
2016-06-30 9 3 2
2016-03-31 9 2
2015-12-31 9 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • William Penn Bancorp's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if William Penn Bancorp is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:WMPN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from William Penn Bancorp Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:WMPN Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 0.46
2018-06-30 0.42
2018-03-31 0.45
2017-12-31 0.47
2017-09-30 0.74
2017-06-30 0.74
2017-03-31 0.72
2016-12-31 0.72
2016-09-30 0.71
2016-06-30 0.70
2016-03-31 0.70
2015-12-31 0.70

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if William Penn Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess William Penn Bancorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
William Penn Bancorp has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WMPN Past Performance

  How has William Penn Bancorp performed over the past 5 years?

  • William Penn Bancorp's last earnings update was 252 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare William Penn Bancorp's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • William Penn Bancorp's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • William Penn Bancorp's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • William Penn Bancorp's 1-year earnings growth is negative, it can't be compared to the US Mortgage industry average.
Earnings and Revenue History
William Penn Bancorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from William Penn Bancorp Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:WMPN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 11.36 1.64 5.38
2018-06-30 9.75 1.46 5.38
2018-03-31 9.49 1.57 7.33
2017-12-31 9.22 1.65 4.64
2017-09-30 9.11 2.56 4.64
2017-06-30 9.09 2.56 4.64
2017-03-31 9.34 2.48 4.82
2016-12-31 9.31 2.52 4.82
2016-09-30 9.36 2.48 4.82
2016-06-30 9.40 2.43 4.82
2016-03-31 9.17 2.39 4.51
2015-12-31 9.19 2.40 4.51
2015-09-30 9.18 2.44 4.51
2015-06-30 9.11 2.51 4.51
2015-03-31 8.49 2.51 4.34
2014-12-31 8.89 2.80 4.34
2014-09-30 8.86 2.84 4.34
2014-06-30 8.83 2.87 4.34

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • William Penn Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • William Penn Bancorp used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.
  • Unable to establish if William Penn Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess William Penn Bancorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
William Penn Bancorp has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WMPN Health

 How is William Penn Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of William Penn Bancorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from William Penn Bancorp Company Filings, last reported 9 months ago.

OTCPK:WMPN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 73.62 46.50 40.50
2018-06-30 61.90 51.50 48.33
2018-03-31 61.90 51.50 48.33
2017-12-31 60.79 51.50 45.15
2017-09-30 61.60 65.50 58.35
2017-06-30 61.60 65.50 58.35
2017-03-31 60.91 65.50 60.61
2016-12-31 60.23 65.50 54.72
2016-09-30 59.90 70.50 56.64
2016-06-30 59.90 70.50 56.64
2016-03-31 59.94 70.50 12.58
2015-12-31 59.42 70.50 7.44
2015-09-30 59.25 75.50 42.47
2015-06-30 59.25 75.50 42.47
2015-03-31 59.18 80.50 16.96
2014-12-31 58.42 75.50 8.75
2014-09-30 60.02 75.50 13.32
2014-06-30 60.46 75.50 32.62
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • William Penn Bancorp has an acceptable proportion of non-loan assets held.
  • William Penn Bancorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at William Penn Bancorp are broadly funded by customer deposits.
  • William Penn Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • William Penn Bancorp has a sufficient allowance for bad loans.
  • William Penn Bancorp has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess William Penn Bancorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. William Penn Bancorp has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WMPN Dividends

 What is William Penn Bancorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.87%
Current annual income from William Penn Bancorp dividends.
If you bought $2,000 of William Penn Bancorp shares you are expected to receive $17 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • William Penn Bancorp's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • William Penn Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.76%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:WMPN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 95 Stocks 3.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:WMPN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-10-23 0.320 0.936
2017-11-28 0.310 0.951
2016-10-14 0.280 1.252
2015-10-07 0.270 1.250
2015-05-27 0.260 1.263
2015-03-27 0.260 1.278
2014-12-03 0.260 1.243
2014-07-10 0.250 1.389
2014-03-06 0.250 1.386
2013-11-19 0.250 1.358
2013-08-01 0.250 1.438
2013-05-31 0.200 1.224
2013-03-06 0.200 1.224
2012-12-04 0.200 1.220
2012-09-04 0.200 1.349
2011-07-27 0.150 1.146

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, William Penn Bancorp has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but William Penn Bancorp only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of William Penn Bancorp's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess William Penn Bancorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can William Penn Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. William Penn Bancorp has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WMPN Management

 What is the CEO of William Penn Bancorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ken Stephon
AGE 60
TENURE AS CEO 0.4 years
CEO Bio

Mr. Kenneth J. Stephon, also known as Ken, has been the Chief Executive Officer, President and Director of William Penn Bancorp, Inc., William Penn, MHC and William Penn Bank ("Bank") since February 1, 2019, October 1, 2018 and July 1, 2018, respectively. He was Senior Executive Vice President and Chief Operating Officer following William Penn’s merger with Audubon Savings Bank on July 1, 2018. Prior to joining the Bank, At Audubon Savings, he was President, Chief Executive Officer, and Director from October 2013 until the merger with William Penn. He was Chief Executive Officer of Liberty Centre Bancorp and Liberty Savings Bank in Pottsville, PA. He served as Chief Executive Officer at Clover Bank. He serves on the Board of Directors of the Pennsylvania Association of Community Bankers and is a Director of the Insured Financial Institutions of the Delaware Valley. Mr. Stephon graduated from Trenton State College and received an MBA from Rider University.

CEO Compensation
  • Insufficient data for Ken to compare compensation growth.
  • Insufficient data for Ken to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the William Penn Bancorp management team in years:

1.5
Average Tenure
  • The average tenure for the William Penn Bancorp management team is less than 2 years, this suggests a new team.
Management Team

Ken Stephon

TITLE
President
AGE
60
TENURE
0.4 yrs

Greg Garcia

TITLE
Senior VP & CFO
TENURE
0.5 yrs

Jim Read

TITLE
Senior VP & CTO
TENURE
1.5 yrs

Steven Gillespie

TITLE
Senior VP
TENURE
1.5 yrs

Bruce Knipe

TITLE
Senior VP & Chief Lending Officer
TENURE
1.5 yrs

Karen Hunter

TITLE
VP & Controller
TENURE
1.5 yrs

James Douglas

TITLE
Senior VP & Chief Lending Officer
AGE
70
TENURE
11.3 yrs

Michele Herzog

TITLE
Vice President of Human Resources
Board of Directors Tenure

Average tenure and age of the William Penn Bancorp board of directors in years:

11.5
Average Tenure
67
Average Age
  • The average tenure for the William Penn Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

William Feeney

TITLE
Chairman of the Board
AGE
75
TENURE
11.5 yrs

Ken Stephon

TITLE
President
AGE
60
TENURE
1 yrs

William B. Parry

TITLE
Director
COMPENSATION
$29K
AGE
71
TENURE
33.5 yrs

Glenn Davis

TITLE
Director
COMPENSATION
$29K
AGE
67
TENURE
33.5 yrs

Charles Corcoran

TITLE
Director
AGE
67
TENURE
30.5 yrs

Craig Burton

TITLE
Director
COMPENSATION
$29K
AGE
69
TENURE
11.5 yrs

Terry Sager

TITLE
Director
AGE
57
TENURE
9.2 yrs

Vincent Sarubbi

TITLE
Director
TENURE
1 yrs

D. Carmody

TITLE
Director
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess William Penn Bancorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. William Penn Bancorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WMPN News

Simply Wall St News

WMPN Company Info

Description

William Penn Bancorp, Inc. operates as the holding company for William Penn Bank that provides personal and business banking products and related financial services in the United States. The company offers time, savings, and demand deposits; checking and money market accounts; certificates of deposit; and retirement accounts. It also provides one-to four-family mortgage, multi-family, commercial, and other real estate mortgage loans; construction, automobile, second mortgage, home equity, and other consumer loans; and CDARS. In addition, the company provides debit cards; safe deposit boxes; money orders; night depository services; loan payments; and online and telephone banking services. It serves individuals, businesses, and government customers in Bucks County, Pennsylvania; and Burlington and Camden counties in New Jersey. The company operates through main office in Levittown, and full-service branch offices located in Morrisville and Richboro, Pennsylvania; and Audubon, Mount Laurel, and Pine Hill in New Jersey. William Penn Bancorp, Inc. was founded in 1870 and is based in Levittown, Pennsylvania. William Penn Bancorp, Inc. is a subsidiary of William Penn MHC.

Details
Name: William Penn Bancorp, Inc.
WMPN
Exchange: OTCPK
Founded: 1870
$146,469,667
3,980,154
Website: http://williampenn.bank
Address: William Penn Bancorp, Inc.
1309 South Woodbourne Road,
Levittown,
Pennsylvania, 19057,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK WMPN Common Shares Pink Sheets LLC US USD 16. Apr 2008
Number of employees
Current staff
Staff numbers
0
William Penn Bancorp employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 00:15
End of day share price update: 2019/05/29 00:00
Last earnings filing: 2018/11/09
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.