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ESSA Bancorp Inc.: ESSA Bancorp, Inc. Announces Fiscal 2021 Second Quarter, First Half Financial Results


ESSA Bancorp Inc.: ESSA Bancorp, Inc. Announces Fiscal 2021 Second Quarter, First Half Financial Results
STROUDSBURG, PA / ACCESSWIRE / April 28, 2021
/ ESSA Bancorp, Inc. (the Company ) (NASDAQ:ESSA), the holding company for ESSA Bank & Trust (the Bank ), a $2.0 billion asset financial institution providing full service commercial and retail banking, financial, and investment services in eastern Pennsylvania, today announced financial results for the fiscal second quarter and first half of 2021.
Net income was $4.3 million, or $0.43 per diluted share, for the three months ended March 31, 2021, up 27% compared with $3.4 million, or $0.33 per diluted share, for the three months ended March 31, 2020. Net income increased 24% to $8.5 million, or $0.84 per diluted share, for the six months ended March 31, 2021, compared with $6.8 million, or $0.65 per diluted share, for the six months ended March 31, 2020. ....

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Stewart's employees own more than 40% of the company | Local News


SARATOGA SPRINGS, N.Y. — Stewart’s Shops employees now own more than 40% of the company through profit sharing, the convenience store chain announced.
Just last week, 2,850 partners received their 2020 Employee Stock Ownership Plan (ESOP) statements, a press release from the company said, noting that their accounts received approximately 20% growth and a $19 million contribution, which is about 19% of their 2020 pay.
There are now 105 partners with a balance of more than $1 million, and nearly a third of these millionaires are still actively working. This is possible because of Stewart’s stability, enabling years of double digit percent of pay contributions, plus double-digit growth of balances each year, the release said. ....

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