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

Western New England Bancorp (NASDAQ:WNEB - Get Free Report) is anticipated to announce its Q2 2025 earnings results 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 released its earnings results 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 for the quarter, compared to the consensus estimate 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 Trading Up 0.3%

Shares of WNEB traded up $0.03 during mid-day trading on Wednesday, reaching $9.73. 52,515 shares of the company's stock traded hands, compared to its average volume of 61,946. The stock has a market cap of $201.51 million, a P/E ratio of 18.36 and a beta of 0.75. The stock's 50-day moving average is $9.39 and its two-hundred day moving average is $9.19. Western New England Bancorp has a 12 month low of $7.38 and a 12 month high of $10.09. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.93 and a quick ratio of 0.93.

Western New England Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th were issued a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.88%. Western New England Bancorp's payout ratio is 52.83%.

Institutional Trading of Western New England Bancorp

A number of large investors have recently modified their holdings of the company. Jane Street Group LLC boosted its holdings in shares of Western New England Bancorp by 190.1% in the first quarter. Jane Street Group LLC now owns 80,657 shares of the financial services provider's stock valued at $750,000 after purchasing an additional 52,858 shares during the period. Empowered Funds LLC boosted its holdings in shares of Western New England Bancorp by 7.0% in the first quarter. Empowered Funds LLC now owns 89,478 shares of the financial services provider's stock valued at $832,000 after purchasing an additional 5,883 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Western New England Bancorp by 36.5% in the first quarter. Goldman Sachs Group Inc. now owns 92,006 shares of the financial services provider's stock valued at $856,000 after purchasing an additional 24,597 shares during the period. Finally, Cubist Systematic Strategies LLC boosted its holdings in shares of Western New England Bancorp by 141.6% in the first quarter. Cubist Systematic Strategies LLC now owns 17,672 shares of the financial services provider's stock valued at $164,000 after purchasing an additional 10,358 shares during the period. Hedge funds and other 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.