Tranche Update on ESSA Bancorp, Inc.'s Equity Buyback Plan announced on June 7, 2022.
January 24, 2024 at 05:04 pm EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 303,609 shares, representing 3.11% for $5.06 million. With this, the company has completed the repurchase of 413,758 shares, representing 4.24% for $6.94 million under the buyback announced on June 7, 2022.
ESSA Bancorp, Inc. is a holding company for ESSA Bank & Trust (the Bank). The Bank is a chartered savings bank. The Bank has two regional offices in Allentown and Devon, and operates 21 community offices throughout the greater Pocono, Lehigh Valley, Scranton/Wilkes-Barre and suburban Philadelphia areas. The Bankâs primary business consists of the taking of deposits and granting of loans to customers generally in Monroe, Northampton, Lehigh, Delaware, Chester, Montgomery, Lackawanna and Luzerne Counties, Pennsylvania. Its personal banking services include personal checking, personal savings, certificates of deposit, money market account, individual retirement accounts (IRAs), online banking, mobile banking, mobile deposit, online bill pay, e-statements, Zelle, Debit Mastercard and others. Its business banking services include business checking, IOLTA checking, government checking, commercial and industrial loans, commercial real estate loans, government financing and credit and others.