Seaport Res Ptn Has Pessimistic View of WNEB Q2 Earnings

Western New England Bancorp, Inc. (NASDAQ:WNEB - Free Report) - Analysts at Seaport Res Ptn reduced their Q2 2025 earnings per share estimates for shares of 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 earn $0.15 per share for the quarter, down from their prior 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

WNEB traded up $0.07 on Friday, hitting $9.47. The company's stock had a trading volume of 35,358 shares, compared to its average volume of 45,840. The firm has a market cap of $197.08 million, a P/E ratio of 16.91 and a beta of 0.74. The company's 50 day simple moving average is $8.95 and its 200-day simple moving average is $9.09. Western New England Bancorp has a 12 month low of $6.09 and a 12 month high of $10.08. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.62.

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in WNEB. Dimensional Fund Advisors LP grew its position in Western New England Bancorp by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,495,233 shares of the financial services provider's stock worth $13,756,000 after buying an additional 5,560 shares in the last quarter. Fourthstone LLC increased its stake in Western New England Bancorp by 18.3% in the 4th quarter. Fourthstone LLC now owns 910,788 shares of the financial services provider's stock worth $8,379,000 after purchasing an additional 140,981 shares during the period. Susquehanna International Group LLP boosted its position in Western New England Bancorp by 186.2% during the 4th quarter. Susquehanna International Group LLP now owns 284,223 shares of the financial services provider's stock valued at $2,615,000 after buying an additional 184,907 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Western New England Bancorp by 22.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 186,592 shares of the financial services provider's stock valued at $1,717,000 after purchasing an additional 34,297 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of Western New England Bancorp by 2.2% during the fourth quarter. Millennium Management LLC now owns 129,892 shares of the financial services provider's stock valued at $1,195,000 after acquiring an additional 2,735 shares in the last quarter. Institutional investors own 67.95% of the company's stock.

Western New England Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th will be paid a dividend of $0.07 per share. The ex-dividend date is Wednesday, May 7th. This represents a $0.28 annualized dividend and a yield of 2.96%. Western New England Bancorp's dividend payout ratio is currently 52.83%.

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.