ESSA Bancorp Inc
As of July 23, 2025, ESSA Bancorp, Inc. was acquired by CNB Financial Corporation. ESSA Bancorp, Inc. operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certifica… Read more
ESSA Bancorp Inc (ESSA) - Net Assets
Latest net assets as of March 2025: $236.49 Million USD
Based on the latest financial reports, ESSA Bancorp Inc (ESSA) has net assets worth $236.49 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.17 Billion) and total liabilities ($1.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $236.49 Million |
| % of Total Assets | 10.91% |
| Annual Growth Rate | 8.02% |
| 5-Year Change | 20.39% |
| 10-Year Change | 34.53% |
| Growth Volatility | 52.05 |
ESSA Bancorp Inc - Net Assets Trend (2002–2024)
This chart illustrates how ESSA Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ESSA Bancorp Inc (2002–2024)
The table below shows the annual net assets of ESSA Bancorp Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $230.42 Million | +4.88% |
| 2023-09-30 | $219.71 Million | +3.47% |
| 2022-09-30 | $212.34 Million | +7.84% |
| 2021-09-30 | $196.90 Million | +2.87% |
| 2020-09-30 | $191.40 Million | +1.00% |
| 2019-09-30 | $189.51 Million | +5.76% |
| 2018-09-30 | $179.19 Million | -1.94% |
| 2017-09-30 | $182.73 Million | +3.62% |
| 2016-09-30 | $176.34 Million | +2.96% |
| 2015-09-30 | $171.28 Million | +2.37% |
| 2014-09-30 | $167.31 Million | +0.52% |
| 2013-09-30 | $166.45 Million | -5.11% |
| 2012-09-30 | $175.41 Million | +8.49% |
| 2011-09-30 | $161.68 Million | -5.79% |
| 2010-09-30 | $171.62 Million | -7.48% |
| 2009-09-30 | $185.51 Million | -7.29% |
| 2008-09-30 | $200.09 Million | -2.25% |
| 2007-09-30 | $204.69 Million | +250.88% |
| 2006-09-30 | $58.34 Million | +7.29% |
| 2005-09-30 | $54.37 Million | +8.18% |
| 2004-09-30 | $50.26 Million | +8.36% |
| 2003-09-30 | $46.38 Million | +9.86% |
| 2002-09-30 | $42.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ESSA Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 16347300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $163.47 Million | 70.95% |
| Common Stock | $181.00K | 0.08% |
| Other Comprehensive Income | $-6.57 Million | -2.85% |
| Other Components | $73.33 Million | 31.83% |
| Total Equity | $230.42 Million | 100.00% |
ESSA Bancorp Inc Competitors by Market Cap
The table below lists competitors of ESSA Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perma-Pipe International Holdings Inc
NASDAQ:PPIH
|
$209.32 Million |
|
China Resources Chemical Innovative Materials Co. Ltd.
SHE:301090
|
$209.36 Million |
|
Dencare (Chongqing) Oral Care Co. Ltd. A
SHE:001328
|
$209.36 Million |
|
Hefei Kewell Power System Co Ltd
SHG:688551
|
$209.39 Million |
|
LCNB Corporation
NASDAQ:LCNB
|
$209.28 Million |
|
INVESTAR HLDG CORP. DL 1
F:7ZH
|
$209.27 Million |
|
Great Tree Pharmacy Co Ltd
TWO:6469
|
$209.14 Million |
|
Jiangsu Huachen Transformer
SHG:603097
|
$209.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ESSA Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 219,708,000 to 230,421,000, a change of 10,713,000 (4.9%).
- Net income of 16,992,000 contributed positively to equity growth.
- Dividend payments of 5,905,000 reduced retained earnings.
- Share repurchases of 5,063,000 reduced equity.
- Other comprehensive income increased equity by 2,928,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $16.99 Million | +7.37% |
| Dividends Paid | $5.91 Million | -2.56% |
| Share Repurchases | $5.06 Million | -2.2% |
| Other Comprehensive Income | $2.93 Million | +1.27% |
| Other Changes | $1.76 Million | +0.76% |
| Total Change | $- | 4.88% |
Book Value vs Market Value Analysis
This analysis compares ESSA Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 27.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 263.92x to 27.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-09-30 | $2.50 | $660.00 | x |
| 2003-09-30 | $2.75 | $660.00 | x |
| 2004-09-30 | $2.98 | $660.00 | x |
| 2005-09-30 | $3.22 | $660.00 | x |
| 2006-09-30 | $3.46 | $660.00 | x |
| 2007-09-30 | $12.05 | $660.00 | x |
| 2008-09-30 | $12.52 | $660.00 | x |
| 2009-09-30 | $13.30 | $660.00 | x |
| 2010-09-30 | $13.69 | $660.00 | x |
| 2011-09-30 | $14.07 | $660.00 | x |
| 2012-09-30 | $15.87 | $660.00 | x |
| 2013-09-30 | $14.40 | $660.00 | x |
| 2014-09-30 | $15.46 | $660.00 | x |
| 2015-09-30 | $16.25 | $660.00 | x |
| 2016-09-30 | $16.76 | $660.00 | x |
| 2017-09-30 | $17.14 | $660.00 | x |
| 2018-09-30 | $16.54 | $660.00 | x |
| 2019-09-30 | $17.66 | $660.00 | x |
| 2020-09-30 | $18.50 | $660.00 | x |
| 2021-09-30 | $20.29 | $660.00 | x |
| 2022-09-30 | $21.74 | $660.00 | x |
| 2023-09-30 | $22.59 | $660.00 | x |
| 2024-09-30 | $24.17 | $660.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ESSA Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.37%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.22%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 9.49x
- Recent ROE (7.37%) is above the historical average (5.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.13% | 107.38% | 0.01x | 11.09x | $478.10K |
| 2003 | 10.13% | 107.38% | 0.01x | 11.50x | $61.90K |
| 2004 | 7.79% | 18.50% | 0.04x | 11.80x | $-1.11 Million |
| 2005 | 8.19% | 22.08% | 0.03x | 12.07x | $-986.10K |
| 2006 | 6.78% | 15.79% | 0.03x | 12.44x | $-1.88 Million |
| 2007 | -2.50% | -10.05% | 0.06x | 4.45x | $-25.60 Million |
| 2008 | 3.04% | 10.54% | 0.06x | 4.97x | $-13.93 Million |
| 2009 | 3.53% | 11.20% | 0.06x | 5.62x | $-11.99 Million |
| 2010 | 2.63% | 8.06% | 0.05x | 6.25x | $-12.65 Million |
| 2011 | 3.25% | 9.83% | 0.05x | 6.79x | $-10.91 Million |
| 2012 | 0.12% | 0.41% | 0.04x | 8.09x | $-17.33 Million |
| 2013 | 5.30% | 14.92% | 0.04x | 8.24x | $-7.82 Million |
| 2014 | 5.08% | 14.68% | 0.04x | 9.41x | $-8.23 Million |
| 2015 | 5.72% | 15.77% | 0.04x | 9.38x | $-7.34 Million |
| 2016 | 4.38% | 11.51% | 0.04x | 10.05x | $-9.91 Million |
| 2017 | 4.02% | 11.03% | 0.04x | 9.77x | $-10.93 Million |
| 2018 | 3.64% | 9.03% | 0.04x | 10.23x | $-11.39 Million |
| 2019 | 6.66% | 16.63% | 0.04x | 9.50x | $-6.33 Million |
| 2020 | 7.53% | 18.64% | 0.04x | 9.89x | $-4.72 Million |
| 2021 | 8.14% | 23.40% | 0.04x | 9.22x | $-3.76 Million |
| 2022 | 9.45% | 28.14% | 0.04x | 8.77x | $-1.16 Million |
| 2023 | 8.45% | 19.89% | 0.04x | 10.44x | $-3.39 Million |
| 2024 | 7.37% | 15.22% | 0.05x | 9.49x | $-6.05 Million |
Industry Comparison
This section compares ESSA Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ESSA Bancorp Inc (ESSA) | $236.49 Million | 11.13% | 8.17x | $209.29 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |