ESSA Bancorp, Inc. Declares Quarterly Dividend
29 November 2017 - 8:30AM
ESSA Bancorp, Inc. (NASDAQ:ESSA), the holding company for ESSA Bank
& Trust, a $1.8 billion asset institution providing full
service retail and commercial banking, financial and investment
services, today announced that its Board of Directors declared a
dividend of nine cents ($0.09) per share. The dividend is payable
to shareholders of record as of December 16, 2017, payable on
December 30, 2017.
This will be the thirty-ninth consecutive quarter ESSA Bancorp,
Inc. has paid a dividend to its shareholders. ESSA became a
public company in April 2007.
About the Company
ESSA Bank & Trust, a wholly-owned subsidiary of ESSA
Bancorp, Inc., has total assets of $1.8 billion and is the leading
service-oriented financial institution headquartered in
Stroudsburg, Pennsylvania. The Bank maintains its corporate
headquarters in downtown Stroudsburg, Pennsylvania and has 26
community offices throughout the Greater Pocono, Lehigh Valley and
Scranton/Wilkes-Barre markets in Pennsylvania. In addition to being
one of the region’s largest mortgage lenders, ESSA Bank & Trust
offers a full range of retail, commercial financial services, and
financial advisory and asset management capabilities. ESSA Bancorp,
Inc. stock trades on the NASDAQ Global MarketSM under the symbol
“ESSA.” ESSA Bancorp, Inc. became a public company in April,
2007.
Forward-Looking Statements
Certain statements contained herein are “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Such forward-looking statements may be identified by reference to a
future period or periods, or by the use of forward-looking
terminology, such as “may,” “will,” “believe,” “expect,”
“estimate,” “anticipate,” “continue,” or similar terms or
variations on those terms, or the negative of those terms.
Forward-looking statements are subject to numerous risks and
uncertainties, including, but not limited to, those related to the
economic environment, particularly in the market areas in which the
Company operates, competitive products and pricing, fiscal and
monetary policies of the U.S. Government, changes in government
regulations affecting financial institutions, including compliance
costs and capital requirements, changes in prevailing interest
rates, acquisitions and the integration of acquired businesses,
credit risk management, asset-liability management, the financial
and securities markets and the availability of and costs associated
with sources of liquidity.
The Company wishes to caution readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The Company wishes to advise readers that the
factors listed above could affect the Company's financial
performance and could cause the Company's actual results for future
periods to differ materially from any opinions or statements
expressed with respect to future periods in any current statements.
The Company does not undertake and specifically declines any
obligation to publicly release the result of any revisions, that
may be made to any forward-looking statements to reflect events or
circumstances after the date of such statements or to reflect the
occurrence of anticipated or unanticipated events.
Contact: Gary S. Olson, President & CEOCorporate
Office: 200 Palmer StreetStroudsburg, Pennsylvania
18360Telephone: (570) 421-0531
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