William Penn Bancorp Inc is a financial institution that primarily operates as a bank holding company
It offers a variety of banking services, including personal and commercial lending, deposit account options, mortgage services, and other financial products tailored to meet the needs of its individual and business customers. The company focuses on providing community-oriented banking solutions, emphasizing customer service and building strong relationships within the communities it serves. Additionally, it engages in investment activities and asset management, aiming to enhance financial growth and stability for its customers and stakeholders.
BRISTOL, PA / ACCESSWIRE / January 15, 2025 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the three and six months ended December 31, 2024. William Penn recorded a net loss of $988 thousand and $1.0 million, or $(0.12) and $(0.12) per basic and diluted share, for the three and six months ended December 31, 2024, respectively, compared to net income of $11 thousand and $190 thousand, or $0.00 and $0.02 per basic and diluted share, for the three and six months ended December 31, 2023. The net loss for the three and six months ended December 31, 2024 includes $731 thousand and $836 thousand, respectively, of professional fees associated with the pending merger with Mid Penn Bancorp, Inc. William Penn recorded a core net loss(1) of $743 thousand and $744 thousand, or $(0.09) and $(0.09) per basic and diluted share, for the three and six months ended December 31, 2024, respectively, compared to a core net loss(1) of $168 thousand and $46 thousand, or $(0.02) and $(0.00) per basic and diluted share, for the three and six months ended December 31, 2023.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of William Penn Bancorporation (NasdaqCM: WMPN) to Mid Penn Bancorp, Inc. (NasdaqGM: MPB). Under the terms of the proposed transaction, shareholders of William Penn will receive 0.4260 shares of Mid Penn for each share of William Penn that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Ademi LLP is investigating William Penn (Nasdaq: WMPN) for possible breaches of fiduciary duty and other violations of law in its transaction with Mid Penn Bancorp.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of William Penn Bancorporation (NASDAQWMPN) to Mid Penn Bancorp, Inc. for 0.4260 shares of Mid Penn common stock for each share of William Penn common stock is fair to William Penn shareholders.
BRISTOL, PA / ACCESSWIRE / October 16, 2024 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the quarter ended September 30, 2024. William Penn recorded a $21 thousand net loss, or $(0.00) per basic and diluted share, for the quarter ended September 30, 2024 compared to net income of $179 thousand, or $0.02 per basic and diluted share, for the quarter ended September 30, 2023. William Penn recorded a core net loss([1]) of $82 thousand, or $(0.01) per basic and diluted share, for the quarter ended September 30, 2024 compared to core net income(1) of $123 thousand, or $0.01 per basic and diluted share, for the quarter ended September 30, 2023.
BRISTOL, PA / ACCESSWIRE / July 17, 2024 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the quarter and year ended June 30, 2024. William Penn recorded a $158 thousand net loss, or $(0.02) per basic and diluted share, for the quarter ended June 30, 2024 and net income of $168 thousand, or $0.02 per basic and diluted share, for the year ended June 30, 2024, compared to net income of $531 thousand and $2.8 million, or $0.05 and $0.22 per basic and diluted share, for the quarter and year ended June 30, 2023, respectively. William Penn recorded a core net loss(1) of $180 thousand and $205 thousand, or $(0.02) and $(0.02) per basic and diluted share, for the quarter and year ended June 30, 2024, respectively, compared to core net income(1) of $510 thousand and $2.8 million, or $0.04 and $0.22 per basic and diluted share, for the quarter and year ended June 30, 2023, respectively.
BRISTOL, PA / ACCESSWIRE / April 17, 2024 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the three and nine months ended March 31, 2024. William Penn recorded net income of $136 thousand, or $0.02 per basic and diluted share, for the three months ended March 31, 2024 and recorded net income of $326 thousand, or $0.04 per basic share and $0.03 per diluted share, for the nine months ended March 31, 2024, compared to net income of $183 thousand and $2.3 million, or $0.01 and $0.17 per basic and diluted share, for the three and nine months ended March 31, 2023, respectively. William Penn recorded core net income of $21 thousand, or $0.00 per basic and diluted share, for the three months ended March 31, 2024, and a core net loss(1) of $25 thousand, or $(0.00) per basic and diluted share, for the nine months ended March 31, 2024, compared to core net income(1) of $443 thousand and $2.3 million, or $0.04 per basic share and $0.03 per diluted share and $0.17 per basic and diluted share, for the three and nine months ended March 31, 2023, respectively.
BRISTOL, PA / ACCESSWIRE / January 17, 2024 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the three and six months ended December 31, 2023. William Penn recorded net income of $11 thousand and $190 thousand, or $0.00 and $0.02 per basic and diluted share, for the three and six months ended December 31, 2023, respectively, compared to net income of $1.1 million and $2.1 million, or $0.08 and $0.16 per basic and diluted share, for the three and six months ended December 31, 2022. William Penn recorded a core net loss(1) of $168 thousand and $46 thousand, or $(0.02) and $(0.00) per basic and diluted share, for the three and six months ended December 31, 2023, respectively, compared to core net income(1) of $788 thousand and $1.8 million, or $0.06 and $0.14 per basic and diluted share, for the three and six months ended December 31, 2022.
BRISTOL, PA / ACCESSWIRE / October 18, 2023 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQWMPN), the parent company of William Penn Bank (the "Bank"), today announced that the Company's Board of Directors has authorized a new stock repurchase program to acquire up to 1,046,610 shares, or approximately 10.0%, of the Company's currently issued and outstanding common stock, commencing upon the completion of the Company's existing stock repurchase program. The new stock repurchase program was adopted following the Company's consultation with the Federal Reserve Bank of Philadelphia.
BRISTOL, PA / ACCESSWIRE / October 18, 2023 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the quarter ended September 30, 2023. William Penn recorded net income of $179 thousand, or $0.02 per basic and diluted share, for the quarter ended September 30, 2023 compared to net income of $1.0 million, or $0.08 per basic and diluted share, for the quarter ended September 30, 2022. William Penn recorded core net income ([1]) of $123 thousand, or $0.01 per basic and diluted share, for the quarter ended September 30, 2023 compared to core net income (1) of $1.0 million, or $0.08 per basic and diluted share, for the quarter ended September 30, 2022.
BRISTOL, PA / ACCESSWIRE / August 29, 2023 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced that the Company's Board of Directors has authorized a new stock repurchase program to acquire up to 1,138,470 shares, or approximately 10.0%, of the Company's currently issued and outstanding common stock. The new stock repurchase program was authorized following the completion of the Company's previously announced stock repurchase program on August 28, 2023. The new stock repurchase program was adopted following the Company's consultation with the Federal Reserve Bank of Philadelphia.
BRISTOL, PA / ACCESSWIRE / July 19, 2023 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the quarter and year ended June 30, 2023. William Penn recorded net income of $531 thousand and $2.8 million, or $0.05 and $0.22 per basic and diluted share, for the quarter and year ended June 30, 2023, respectively, compared to net income of $1.1 million and $4.2 million, or $0.08 and $0.30 per basic and diluted share, for the quarter and year ended June 30, 2022. William Penn recorded core net income (1) of $510 thousand and $2.8 million, or $0.04 and $0.22 per basic and diluted share, for the quarter and year ended June 30, 2023, respectively, compared to core net income (1) of $1.2 million and $4.2 million, or $0.08 and $0.29 per basic and diluted share, for the quarter and year ended June 30, 2022, respectively.
BRISTOL, PA / ACCESSWIRE / May 5, 2023 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced that the Company's Board of Directors has authorized a new stock repurchase program to acquire up to 1,281,019 shares, or approximately 10.0%, of the Company's currently issued and outstanding common stock, commencing upon the completion of the Company's existing stock repurchase program. The new stock repurchase program was adopted following the Company's consultation with the Federal Reserve Bank of Philadelphia.
BRISTOL, PA / ACCESSWIRE / April 19, 2023 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the three and nine months ended March 31, 2023. William Penn recorded net income of $183 thousand and $2.3 million, or $0.01 and $0.17 per basic and diluted share, for the three and nine months ended March 31, 2023, respectively, compared to net income of $824 thousand and $3.2 million, or $0.06 and $0.22 per basic and diluted share, for the three and nine months ended March 31, 2022. William Penn recorded core net income (1) of $443 thousand and $2.3 million, or $0.04 and $0.17 per basic and diluted share, for the three and nine months ended March 31, 2023, respectively, compared to core net income (1) of $1.1 million and $3.0 million, or $0.07 and $0.21 per basic and diluted share, for the three and nine months ended March 31, 2022.
BRISTOL, PA / ACCESSWIRE / January 18, 2023 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQWMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the three and six months ended December 31, 2022. William Penn recorded net income of $1.1 million and $2.1 million, or $0.08 and $0.16 per basic and diluted share, for the three and six months ended December 31, 2022, respectively, compared to net income of $1.2 million and $2.3 million, or $0.08 and $0.16 per basic and diluted share, for the three and six months ended December 31, 2021. William Penn recorded core net income(1) of $788 thousand and $1.8 million, or $0.06 and $0.14 per basic and diluted share, for the three and six months ended December 31, 2022, respectively, compared to core net income(1) of $1.1 million and $1.9 million, or $0.08 and $0.14 per basic and diluted share, for the three and six months ended December 31, 2021.
BRISTOL, PA / ACCESSWIRE / October 19, 2022 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), the parent company of William Penn Bank (the "Bank"), today announced its financial results for the quarter ended September 30, 2022. William Penn recorded net income of $1.0 million, or $0.08 per basic and diluted share, for the quarter ended September 30, 2022 compared to net income of $1.2 million, or $0.08 per basic and diluted share, for the quarter ended September 30, 2021. William Penn recorded core net income (1) of $1.0 million, or $0.08 per basic and diluted share, for the quarter ended September 30, 2022 compared to core net income (1) of $846 thousand, or $0.06 per basic and diluted share, for the quarter ended September 30, 2021.
