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William Penn Bancorporation (William Penn Bancorporation) Retained Earnings : $58.01 Mil (As of Mar. 2024)


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What is William Penn Bancorporation Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. William Penn Bancorporation's retained earnings for the quarter that ended in Mar. 2024 was $58.01 Mil.

William Penn Bancorporation's quarterly retained earnings declined from Sep. 2023 ($58.41 Mil) to Dec. 2023 ($58.13 Mil) and declined from Dec. 2023 ($58.13 Mil) to Mar. 2024 ($58.01 Mil).

William Penn Bancorporation's annual retained earnings declined from Jun. 2021 ($58.49 Mil) to Jun. 2022 ($57.59 Mil) but then increased from Jun. 2022 ($57.59 Mil) to Jun. 2023 ($58.81 Mil).


William Penn Bancorporation Retained Earnings Historical Data

The historical data trend for William Penn Bancorporation's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

William Penn Bancorporation Retained Earnings Chart

William Penn Bancorporation Annual Data
Trend Jun09 Jun10 Jun11 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.26 56.60 58.49 57.59 58.81

William Penn Bancorporation Quarterly Data
Jun18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.64 58.81 58.41 58.13 58.01

William Penn Bancorporation Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


William Penn Bancorporation  (NAS:WMPN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


William Penn Bancorporation (William Penn Bancorporation) Business Description

Traded in Other Exchanges
N/A
Address
10 Canal Street, Suite 104, Bristol, PA, USA, 19007
William Penn Bancorporation operates as an independent community financial services provider. The bank offers traditional banking and related financial services to individual, business, and government customers. Through its branch and automated teller machine network, the bank offers a full array of commercial and retail financial services, including; the taking of time, savings, and demand deposits; the making of the commercial, consumer, and mortgage loans; and the providing of other financial services.
Executives
Christopher Matthew Molden director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Kenneth John Stephon director, officer: President & CEO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET , SUITE 104, BRISTOL PA 19007
Alan B Turner officer: EVP & CLO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Jeannine Cimino officer: EVP & CRO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Charles Corcoran director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Carmody Donald Michael Jr. director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Glenn Davis director C/O WILLIAM PENN BANCORP, INC., 8150 ROUTE 13, LEVITTOWN PA 19057
Terry L Sager director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Jonathan Thomas Logan officer: SVP & CFO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Amy Jean Hannigan officer: EVP & Dir. Corp. Development C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Vincent Peter Sarubbi director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Jill Mcmenamin Ross officer: EVP & CRCO C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Craig Burton director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
Parry William B K Jr director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007
William Charles Niemczura director C/O WILLIAM PENN BANCORPORATION, 10 CANAL STREET, SUITE 104, BRISTOL PA 19007