secwatch.observer — SEC 8-K summary
======================================

Issuer:     ESSA Bancorp, Inc. (—)
CIK:        0001382230
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001193125-24-113927
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESSA Bancorp Q2 net income $4.6M ($0.48 EPS), stable YoY; margin pressure persists
--------------------------------------------------------------------------------

- Net income $4.6M ($0.48 diluted EPS) for Q2 ended March 31, 2024, flat vs $4.7M ($0.48) a year ago.
- Total interest income rose 27.9% to $25.7M; net interest margin narrowed to 2.87% from 3.34% YoY.
- Total net loans grew to $1.71B from $1.68B at Sept 30, 2023; commercial real estate loans up 4.2% to $856.1M.
- Deposits fell to $1.45B from $1.66B at Sept 30, 2023; core deposits were 69.3% of total.
- Tangible book value per share increased to $20.70 from $19.80 at Sept 30, 2023; Tier 1 capital ratio 9.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1382230/000119312524113927/0001193125-24-113927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1382230/000119312524113927/d831830d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-113927

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer