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William Penn Bancorporation Announces Quarter and Year End Results and Special Cash Dividend to Shareholders


William Penn Bancorporation Announces Quarter and Year End Results and Special Cash Dividend to Shareholders
ACCESSWIRE
23 Jul 2021, 09:05 GMT+10
BRISTOL, PA / ACCESSWIRE / July 22, 2021 / William Penn Bancorporation ( William Penn or the Company ) (NASDAQCM: WMPN), the parent company of William Penn Bank (the Bank ), today announced its financial results for the quarter and year ended June 30, 2021. William Penn recorded net income of $666 thousand and $3.8 million, or $0.05 and $0.26 per diluted share, for the quarter and year ended June 30, 2021, respectively, compared to a net loss of $1.3 million and net income of $1.3 million, or ($0.10) and $0.10 per diluted share, for the quarter and year ended June 30, 2020. Net income for the year ended June 30, 2021 included a $495 thousand, or $0.03 per diluted share, gain on the disposition of premises and equipment primarily due to the sale of several commercial real estate properties that were acquired in connection w ....

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