Seaport Res Ptn Analysts Reduce Earnings Estimates for WNEB

Western New England Bancorp, Inc. (NASDAQ:WNEB - Free Report) - Equities researchers at Seaport Res Ptn decreased their Q2 2025 earnings estimates for Western New England Bancorp in a research report issued to clients and investors on Tuesday, April 29th. Seaport Res Ptn analyst L. Hunsicker now expects that the financial services provider will post earnings per share of $0.15 for the quarter, down from their previous estimate of $0.16. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for Western New England Bancorp's current full-year earnings is $0.60 per share. Seaport Res Ptn also issued estimates for Western New England Bancorp's FY2025 earnings at $0.64 EPS.

Western New England Bancorp Stock Performance

Shares of NASDAQ WNEB traded up $0.33 during midday trading on Friday, hitting $9.57. The company's stock had a trading volume of 48,845 shares, compared to its average volume of 45,219. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.95 and a current ratio of 0.95. Western New England Bancorp has a 1-year low of $6.09 and a 1-year high of $10.08. The firm's fifty day moving average price is $8.96 and its 200-day moving average price is $9.08. The firm has a market cap of $199.16 million, a P/E ratio of 17.09 and a beta of 0.74.

Western New England Bancorp (NASDAQ:WNEB - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). The business had revenue of $28.44 million during the quarter, compared to analyst estimates of $15.58 million. Western New England Bancorp had a return on equity of 4.91% and a net margin of 9.51%.

Western New England Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, May 7th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Wednesday, May 7th. Western New England Bancorp's dividend payout ratio (DPR) is presently 52.83%.

Institutional Trading of Western New England Bancorp

Hedge funds have recently made changes to their positions in the stock. Barclays PLC lifted its stake in Western New England Bancorp by 23.8% in the third quarter. Barclays PLC now owns 44,422 shares of the financial services provider's stock valued at $378,000 after buying an additional 8,532 shares during the last quarter. Empowered Funds LLC grew its position in Western New England Bancorp by 5.1% in the 4th quarter. Empowered Funds LLC now owns 83,595 shares of the financial services provider's stock worth $769,000 after purchasing an additional 4,050 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Western New England Bancorp in the fourth quarter valued at approximately $120,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Western New England Bancorp by 22.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 186,592 shares of the financial services provider's stock valued at $1,717,000 after buying an additional 34,297 shares during the last quarter. Finally, Fourthstone LLC boosted its position in shares of Western New England Bancorp by 18.3% during the fourth quarter. Fourthstone LLC now owns 910,788 shares of the financial services provider's stock worth $8,379,000 after buying an additional 140,981 shares during the period. Institutional investors own 67.95% of the company's stock.

Western New England Bancorp Company Profile

Western New England Bancorp, Inc operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including interest-bearing and noninterest-bearing checking, commercial checking, business, nonprofit and municipal checking, savings, money market and sweep, individual retirement, and other savings accounts; time deposits; certificates of deposit; and interest on lawyer's trust accounts.