William Penn Bancorporation (NASDAQ:WMPN) Issues Earnings Results, Beats Expectations By $0.02 EPS

William Penn Bancorporation (NASDAQ:WMPN - Get Free Report) issued its earnings results on Wednesday. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.02, Yahoo Finance reports. The business had revenue of $8.89 million for the quarter, compared to analysts' expectations of $4.70 million. William Penn Bancorporation had a return on equity of 0.61% and a net margin of 2.65%.

William Penn Bancorporation Trading Up 0.2 %

NASDAQ:WMPN traded up $0.02 during trading hours on Thursday, reaching $12.23. 643 shares of the stock were exchanged, compared to its average volume of 17,439. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.44. The business has a 50-day moving average of $12.22 and a two-hundred day moving average of $12.25. William Penn Bancorporation has a twelve month low of $8.77 and a twelve month high of $12.96. The company has a market capitalization of $116.80 million, a price-to-earnings ratio of 152.89 and a beta of -0.02.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their price objective on William Penn Bancorporation from $13.00 to $14.00 and gave the company an "overweight" rating in a report on Friday, January 19th.

Institutional Trading of William Penn Bancorporation

Large investors have recently modified their holdings of the stock. Schonfeld Strategic Advisors LLC increased its holdings in William Penn Bancorporation by 4.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 19,550 shares of the company's stock valued at $237,000 after buying an additional 850 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of William Penn Bancorporation by 1.2% during the second quarter. Geode Capital Management LLC now owns 109,364 shares of the company's stock worth $1,110,000 after purchasing an additional 1,317 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of William Penn Bancorporation by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 501,146 shares of the company's stock worth $6,119,000 after purchasing an additional 1,843 shares during the last quarter. Advisor Group Holdings Inc. grew its holdings in shares of William Penn Bancorporation by 1,190.5% during the first quarter. Advisor Group Holdings Inc. now owns 2,710 shares of the company's stock worth $35,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in shares of William Penn Bancorporation during the third quarter worth about $33,000. Hedge funds and other institutional investors own 31.18% of the company's stock.

William Penn Bancorporation Company Profile

William Penn Bancorporation 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 time, savings, money market, and demand deposits; certificates of deposit; and non-interest bearing and interest-bearing checking, as well as money market, NOW, savings and club, and individual retirement accounts.