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

William Penn Bancorporation (NASDAQ:WMPN) posted 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 company had revenue of $8.89 million during the quarter, compared to analyst estimates of $4.70 million. William Penn Bancorporation had a net margin of 2.65% and a return on equity of 0.61%.

William Penn Bancorporation Trading Up 0.2 %

Shares of NASDAQ:WMPN traded up $0.02 on Thursday, hitting $12.23. 440 shares of the company’s stock were exchanged, compared to its average volume of 17,437. The business’s 50 day simple moving average is $12.21 and its two-hundred day simple moving average is $12.25. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market capitalization of $116.80 million, a price-to-earnings ratio of 152.64 and a beta of -0.02. William Penn Bancorporation has a 12 month low of $8.77 and a 12 month high of $12.96.

Institutional Investors Weigh In On William Penn Bancorporation

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WMPN. rhino investment partners Inc raised its stake in shares of William Penn Bancorporation by 18.0% during the fourth quarter. rhino investment partners Inc now owns 358,238 shares of the company’s stock valued at $4,342,000 after acquiring an additional 54,767 shares in the last quarter. Prospector Partners LLC bought a new stake in William Penn Bancorporation during the 4th quarter valued at $514,000. Jane Street Group LLC purchased a new stake in shares of William Penn Bancorporation in the 1st quarter worth $434,000. BlackRock Inc. grew its position in shares of William Penn Bancorporation by 101.6% during the 2nd quarter. BlackRock Inc. now owns 62,334 shares of the company’s stock worth $633,000 after buying an additional 31,410 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new position in shares of William Penn Bancorporation during the fourth quarter valued at $344,000. Institutional investors own 31.18% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler raised 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 note on Friday, January 19th.

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.