ESSA Historical Income Statement
| ESSA Stock | USD 20.30 0.15 0.74% |
Historical analysis of ESSA Bancorp income statement accounts such as Gross Profit of 117.1 M or Other Operating Expenses of 95.1 M can show how well ESSA Bancorp performed in making a profits. Evaluating ESSA Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ESSA Bancorp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ESSA Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ESSA Bancorp is a good buy for the upcoming year.
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About ESSA Income Statement Analysis
ESSA Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ESSA Bancorp shareholders. The income statement also shows ESSA investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
ESSA Bancorp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts ESSA Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of ESSA Bancorp minus its cost of goods sold. It is profit before ESSA Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ESSA Bancorp. It is also known as ESSA Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from ESSA Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ESSA Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in ESSA Bancorp financial statement analysis. It represents the amount of money remaining after all of ESSA Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from ESSA Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ESSA Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.At present, ESSA Bancorp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 117.1 M, whereas Operating Income is forecasted to decline to about 18.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 68.2M | 69.3M | 111.6M | 117.1M | Interest Expense | 3.0M | 23.9M | 11.9M | 12.3M |
ESSA Bancorp income statement Correlations
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ESSA Bancorp Account Relationship Matchups
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ESSA Bancorp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 15.9M | 5.8M | 3.0M | 23.9M | 11.9M | 12.3M | |
| Total Revenue | 61.5M | 64.4M | 68.2M | 69.3M | 111.6M | 117.1M | |
| Gross Profit | 61.5M | 64.4M | 68.2M | 69.3M | 111.6M | 117.1M | |
| Other Operating Expenses | 43.9M | 44.5M | 4.3M | 46.2M | 90.6M | 95.1M | |
| Operating Income | 17.6M | 19.9M | 28.0M | 23.1M | 21.0M | 18.5M | |
| Ebit | 15.7M | 19.9M | 25.0M | 23.1M | 21.0M | 18.3M | |
| Ebitda | 17.9M | 22.1M | 27.2M | 25.2M | 21.1M | 26.2M | |
| Total Operating Expenses | (43.9M) | (44.5M) | 4.3M | (46.2M) | 15.0M | 15.8M | |
| Income Before Tax | 17.6M | 19.9M | 25.0M | 23.1M | 21.0M | 11.8M | |
| Total Other Income Expense Net | 17.6M | (4.3M) | (3.6M) | (4.4M) | (5.1M) | (5.3M) | |
| Net Income | 14.4M | 16.4M | 20.1M | 18.6M | 17.0M | 8.9M | |
| Income Tax Expense | 3.2M | 3.5M | 4.9M | 4.5M | 4.0M | 2.9M | |
| Depreciation And Amortization | 2.2M | 2.2M | 2.2M | 2.1M | 91K | 86.5K | |
| Selling General Administrative | 24.7M | 27.0M | 26.8M | 27.7M | 31.9M | 22.0M | |
| Net Income Applicable To Common Shares | 12.6M | 14.4M | 16.4M | 20.1M | 23.1M | 24.2M | |
| Selling And Marketing Expenses | 481K | 636K | 767K | 648K | 745.2K | 790.0K | |
| Net Income From Continuing Ops | 14.4M | 16.4M | 20.1M | 18.6M | 21.4M | 12.5M | |
| Tax Provision | 3.2M | 3.5M | 4.9M | 4.5M | 5.2M | 3.8M | |
| Net Interest Income | 48.2M | 52.9M | 59.8M | 61.6M | 70.8M | 55.5M | |
| Interest Income | 64.1M | 58.7M | 62.8M | 85.5M | 98.3M | 70.2M | |
| Reconciled Depreciation | 2.2M | 271K | 239K | 190K | 171K | 162.5K |
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.