Essa Bancorp Stock Net Income

ESSA Stock  USD 20.15  0.06  0.30%   
ESSA Bancorp fundamentals help investors to digest information that contributes to ESSA Bancorp's financial success or failures. It also enables traders to predict the movement of ESSA Stock. The fundamental analysis module provides a way to measure ESSA Bancorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ESSA Bancorp stock.
Last ReportedProjected for Next Year
Net Income21.4 M22.4 M
Net Income Applicable To Common Shares23.1 M24.2 M
Net Income From Continuing Ops21.4 M12.5 M
Net Income Per Share 1.78  0.28 
Net Income Per E B T 0.81  0.67 
At present, ESSA Bancorp's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 24.2 M, whereas Net Income From Continuing Ops is forecasted to decline to about 12.5 M.
  
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ESSA Bancorp Company Net Income Analysis

ESSA Bancorp's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current ESSA Bancorp Net Income

    
  18.58 M  
Most of ESSA Bancorp's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ESSA Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ESSA Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for ESSA Bancorp is extremely important. It helps to project a fair market value of ESSA Stock properly, considering its historical fundamentals such as Net Income. Since ESSA Bancorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ESSA Bancorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ESSA Bancorp's interrelated accounts and indicators.

ESSA Net Income Historical Pattern

Today, most investors in ESSA Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ESSA Bancorp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ESSA Bancorp net income as a starting point in their analysis.
   ESSA Bancorp Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

ESSA Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(11.52 Million)

At present, ESSA Bancorp's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, ESSA Bancorp reported net income of 18.58 M. This is 98.55% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 96.75% higher than that of the company.

ESSA Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ESSA Bancorp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ESSA Bancorp could also be used in its relative valuation, which is a method of valuing ESSA Bancorp by comparing valuation metrics of similar companies.
ESSA Bancorp is currently under evaluation in net income category among its peers.

ESSA Bancorp Current Valuation Drivers

We derive many important indicators used in calculating different scores of ESSA Bancorp from analyzing ESSA Bancorp's financial statements. These drivers represent accounts that assess ESSA Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ESSA Bancorp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Enterprise Value97.5M11.4M392.1M435.2M473.2M171.3M

ESSA Bancorp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ESSA Bancorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ESSA Bancorp's managers, analysts, and investors.
Environmental
Governance
Social

ESSA Bancorp Institutional Holders

Institutional Holdings refers to the ownership stake in ESSA Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ESSA Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ESSA Bancorp's value.
Shares
Northern Trust Corp2024-09-30
67.5 K
Pinnacle Holdings, Llc2024-06-30
58.7 K
Philadelphia Trust Co2024-09-30
51.9 K
Morgan Stanley - Brokerage Accounts2024-06-30
49.5 K
Empowered Funds, Llc2024-06-30
45.2 K
Bank Of New York Mellon Corp2024-06-30
30.1 K
Panagora Asset Management Inc2024-09-30
28.7 K
Envestnet Asset Management Inc2024-06-30
25 K
Mercer Global Advisors Inc.2024-06-30
25 K
Fj Capital Management Llc2024-09-30
942 K
Blackrock Inc2024-06-30
494.6 K

ESSA Fundamentals

About ESSA Bancorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ESSA Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ESSA Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ESSA Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ESSA Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Essa Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Bancorp Stock:
Check out ESSA Bancorp Piotroski F Score and ESSA Bancorp Altman Z Score analysis.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESSA Bancorp. If investors know ESSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESSA Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
0.6
Earnings Share
1.78
Revenue Per Share
7.127
Quarterly Revenue Growth
(0.04)
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.