William Historical Income Statement
| WMPN Stock | USD 13.22 0.06 0.46% |
Historical analysis of William Penn income statement accounts such as Depreciation And Amortization of 913 K, Interest Expense of 16.2 M, Total Revenue of 13.2 M or Gross Profit of 12.7 M can show how well William Penn Bancorp performed in making a profits. Evaluating William Penn income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of William Penn's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining William Penn Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether William Penn Bancorp is a good buy for the upcoming year.
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About William Income Statement Analysis
William Penn Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to William Penn shareholders. The income statement also shows William investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
William Penn Income Statement Chart
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Total Revenue
Total revenue comprises all receipts William Penn Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of William Penn Bancorp minus its cost of goods sold. It is profit before William Penn operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of William Penn Bancorp. It is also known as William Penn overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in William Penn Bancorp financial statement analysis. It represents the amount of money remaining after all of William Penn Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from William Penn's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into William Penn Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in William Penn Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, William Penn's Reconciled Depreciation is very stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 25.1M | 24.6M | 20.0M | 12.7M | Total Revenue | 25.1M | 24.6M | 20.0M | 13.2M |
William Penn income statement Correlations
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William Penn Account Relationship Matchups
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William Penn income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 206.3K | 1.2M | 1.2M | 1.2M | 935K | 913.0K | |
| Interest Expense | 5.0M | 4.3M | 2.5M | 7.3M | 15.4M | 16.2M | |
| Total Revenue | 16.2M | 23.4M | 25.1M | 24.6M | 20.0M | 13.2M | |
| Gross Profit | 16.2M | 23.4M | 25.1M | 24.6M | 20.0M | 12.7M | |
| Other Operating Expenses | 15.3M | 18.6M | 1.2M | 21.6M | 17.6M | 18.5M | |
| Operating Income | 941K | 4.7M | 8.3M | 3.0M | (127K) | (120.7K) | |
| Ebit | 1.6M | 4.7M | 4.8M | 3.0M | (182K) | (172.9K) | |
| Ebitda | 1.8M | 6.0M | 6.0M | 4.2M | 753K | 715.4K | |
| Total Operating Expenses | (15.3M) | (18.6M) | 1.2M | (21.6M) | 17.6M | 18.5M | |
| Income Before Tax | 941K | 4.7M | 4.8M | 3.0M | (290K) | (275.5K) | |
| Total Other Income Expense Net | 941K | 333K | 110K | 398K | (290K) | (304.5K) | |
| Net Income | 1.3M | 3.8M | 4.2M | 2.8M | 168K | 159.6K | |
| Income Tax Expense | (387K) | 947K | 568K | 200K | (458K) | (435.1K) | |
| Selling General Administrative | 6.9M | 10.3M | 11.5M | 12.8M | 2.9M | 4.9M | |
| Net Income Applicable To Common Shares | 3.8M | 1.3M | 3.8M | 4.2M | 4.9M | 2.9M | |
| Net Income From Continuing Ops | 1.3M | 3.8M | 4.2M | 2.8M | 168K | 159.6K | |
| Tax Provision | (387K) | 947K | 568K | 200K | (458K) | (435.1K) | |
| Net Interest Income | 14.8M | 21.5M | 23.0M | 23.1M | 17.1M | 18.0M | |
| Interest Income | 19.8M | 25.8M | 25.5M | 30.4M | 32.5M | 24.2M | |
| Reconciled Depreciation | 242K | 255K | 225K | 194K | 935K | 981.8K |
Pair Trading with William Penn
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if William Penn position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in William Penn will appreciate offsetting losses from the drop in the long position's value.Moving together with William Stock
| 0.81 | AX | Axos Financial | PairCorr |
| 0.81 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.62 | KB | KB Financial Group | PairCorr |
Moving against William Stock
| 0.69 | TFC-PO | Truist Financial | PairCorr |
| 0.63 | TFC-PR | Truist Financial | PairCorr |
| 0.6 | CFG-PE | Citizens Financial | PairCorr |
| 0.37 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to William Penn could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace William Penn when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back William Penn - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling William Penn Bancorp to buy it.
The correlation of William Penn is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as William Penn moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if William Penn Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for William Penn can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in William Penn Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of William Penn. If investors know William will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about William Penn listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.631 | Dividend Share 0.12 | Revenue Per Share 2.418 | Quarterly Revenue Growth (0.04) | Return On Equity (0.0002) |
The market value of William Penn Bancorp is measured differently than its book value, which is the value of William that is recorded on the company's balance sheet. Investors also form their own opinion of William Penn's value that differs from its market value or its book value, called intrinsic value, which is William Penn's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because William Penn's market value can be influenced by many factors that don't directly affect William Penn's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between William Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if William Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, William Penn's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.