ESSA Bancorp, Inc. Announces Stock Repurchase Program Completion

ESSA Bancorp, Inc.

announced the completion of its second stock repurchase program, purchasing 1,499,100 shares at a weighted average cost of $12.36. ESSA Bancorp, Inc. also announced today that its Board of Directors has authorized a third stock repurchase program to purchase up to an additional 5% of its outstanding shares. The Company will repurchase the shares from time to time for cash in open market transactions or in privately negotiated transactions in accordance with applicable federal securities laws.