Western New England Bancorp (WNEB) to Release Earnings on Tuesday

Western New England Bancorp (NASDAQ:WNEB - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Tuesday, July 22nd. Analysts expect the company to announce earnings of $0.14 per share and revenue of $16.35 million for the quarter.

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 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 net margin of 8.83% and a return on equity of 4.63%. On average, analysts expect Western New England Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Western New England Bancorp Price Performance

NASDAQ WNEB traded down $0.12 during trading hours on Friday, reaching $9.96. The company's stock had a trading volume of 29,767 shares, compared to its average volume of 83,100. The stock has a market cap of $206.27 million, a PE ratio of 18.77 and a beta of 0.75. Western New England Bancorp has a fifty-two week low of $7.38 and a fifty-two week high of $10.16. The company's 50-day moving average is $9.40 and its two-hundred day moving average is $9.19. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.93 and a current ratio of 0.93.

Western New England Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th were paid a $0.07 dividend. The ex-dividend date was Wednesday, May 7th. This represents a $0.28 dividend on an annualized basis and a yield of 2.81%. Western New England Bancorp's payout ratio is 52.83%.

Institutional Investors Weigh In On Western New England Bancorp

A number of large investors have recently added to or reduced their stakes in WNEB. Cubist Systematic Strategies LLC grew its stake in Western New England Bancorp by 141.6% in the 1st quarter. Cubist Systematic Strategies LLC now owns 17,672 shares of the financial services provider's stock valued at $164,000 after acquiring an additional 10,358 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Western New England Bancorp by 190.1% during the 1st quarter. Jane Street Group LLC now owns 80,657 shares of the financial services provider's stock worth $750,000 after purchasing an additional 52,858 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Western New England Bancorp by 7.0% during the 1st quarter. Empowered Funds LLC now owns 89,478 shares of the financial services provider's stock worth $832,000 after purchasing an additional 5,883 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Western New England Bancorp by 36.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 92,006 shares of the financial services provider's stock worth $856,000 after purchasing an additional 24,597 shares during the last quarter. 67.95% of the stock is owned by institutional investors and hedge funds.

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.