William Penn Bancorporation (NASDAQ:WMPN) Issues Quarterly Earnings Results

William Penn Bancorporation (NASDAQ:WMPN) announced its quarterly earnings data on Wednesday. The company reported ($0.01) EPS 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 analyst estimates of $4.70 million. William Penn Bancorporation had a net margin of 2.44% and a return on equity of 0.34%.

William Penn Bancorporation Stock Performance

Shares of WMPN stock opened at $12.23 on Friday. The firm has a market cap of $116.80 million, a price-to-earnings ratio of 135.89 and a beta of -0.02. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 0.78. William Penn Bancorporation has a 52 week low of $8.77 and a 52 week high of $12.96. The firm’s 50-day simple moving average is $12.22 and its two-hundred day simple moving average is $12.25.

William Penn Bancorporation Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Monday, April 29th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.98%. The ex-dividend date is Friday, April 26th. William Penn Bancorporation’s dividend payout ratio is 133.33%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler lifted their price objective on shares of William Penn Bancorporation from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, January 19th.

Institutional Trading of William Penn Bancorporation

Several hedge funds have recently added to or reduced their stakes in the stock. Qube Research & Technologies Ltd bought a new stake in shares of William Penn Bancorporation in the third quarter valued at approximately $33,000. Advisor Group Holdings Inc. raised its position in shares of William Penn Bancorporation by 1,190.5% in the first quarter. Advisor Group Holdings Inc. now owns 2,710 shares of the company’s stock valued at $35,000 after purchasing an additional 2,500 shares during the period. Citigroup Inc. bought a new stake in shares of William Penn Bancorporation in the third quarter valued at approximately $36,000. JPMorgan Chase & Co. bought a new stake in shares of William Penn Bancorporation in the first quarter valued at approximately $34,000. Finally, Captrust Financial Advisors bought a new stake in shares of William Penn Bancorporation in the second quarter valued at approximately $91,000. Institutional investors own 31.18% of the company’s stock.

About William Penn Bancorporation

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.