ESSA Bancorp is a bank holding company. Through its subsidiary, ESSA Bank & Trust (the Bank), Co. provides financial services to individuals, families and businesses through its community offices, located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, DE and Montgomery Counties, PA. The Bank's business consists of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in residential first mortgage loans, commercial real estate loans, home equity loans and lines of credit and commercial and industrial loans. Co. provides deposit accounts, including checking, savings and certificates of deposits. The ESSA stock yearly return is shown above.
The yearly return on the ESSA stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ESSA annual return calculation with any dividends reinvested as applicable (on ex-dates).
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