ESSA Bancorp, Inc. (NASDAQ:ESSA)
The Company has not engaged in any business to date and is a Holding Company for ESSA Bank & Trust which is a full-service, community-oriented savings associatio.
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Stock that has beat the S&P 500 most of 2008 and insiders own more than 10 percent of the stock.
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I simply used the screener to identify 1-star companies with the highest 52-week gain. The 1-star rating should mean they are bad companies and the 52-week gain should mean they are overpriced. We’ll see how it works!
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Solid, conservative bank with a very good share of local lending market. Very little - or no exposure to sub-prime mortgages. Bank's service area is close to New York City and northern New Jersey and is growing in population.
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In anticipation of the eventual rebound of the financial sector. A little early for bottom feeding, but I am just indiscriminately putting all stocks that are tagged S&L.
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ESSA Bancorp, Inc. is a holding company of ESSA Bank & Trust. ESSA Bank & Trust is a full-service, community-oriented savings association. The Company provides financial services to individuals, families and businesses through its 13 full-service banking offices. ESSA Bank & TrustGÇÖs business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in residential first mortgage loans, including construction mortgage loans, commercial real estate, home equity loans and lines of credit, commercial and consumer loans. In addition, the Company offers a variety of deposit accounts, including checking, savings and certificates of deposits, and also offers asset management and trust services. The Company also offers investment services through its relationship with PRIMEVEST Financial Services, Inc., a third party broker/dealer and investment advisor.
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