NASDAQ:WEBKWellesley Bancorp Stock Price, Forecast & News

$34.71

0.00 (0.00 %)

(As of 05/29/2020 12:47 PM ET)

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Today's Range

$34.71

Now: $34.71▼

$34.71

50-Day Range

$23.75

MA: $28.88▼

$34.99

52-Week Range

$22.78

Now: $34.71▼

$45.97

VolumeN/A

Average Volume1,176 shs

Market Capitalization$91.29 million

P/E Ratio14.23

Dividend Yield0.70%

Beta1.19

Wellesley Bancorp, Inc. operates as the bank holding company for Wellesley Bank that provides various financial services to individuals, non-profit organizations, small businesses, and other entities in eastern Massachusetts. Its deposit products include noninterest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts comprising negotiable order of withdrawal and money market accounts; savings accounts; and certificates of deposit. The company also offers residential mortgage loans, commercial real estate loans, and construction loans, as well as home equity lines of credit; other consumer loans that consist of fixed-rate second mortgage loans, automobile loans, loans secured by passbook or certificate accounts, and overdraft loans; and commercial business loans, such as term loans, revolving lines of credit, and equipment loans. In addition, it provides investment advisory services and remote capture products; and engages in buying, selling, and holding securities. As of December 31, 2017, Wellesley Bancorp, Inc. operated through executive offices and five full service branch offices located in Wellesley, Newton, and Boston; limited- hour branch service office in Needham, Massachusetts; and one full-service branch office in Newton Centre and Boston, as well as wealth management offices located in Wellesley. The company was founded in 1911 and is headquartered in Wellesley, Massachusetts.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Wellesley Bancorp.

2.6 Community Rank

Outperform Votes
Wellesley Bancorp has received 97 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Wellesley Bancorp has received 93 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Wellesley Bancorp has received 51.05% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Wellesley Bancorp and other stocks. Vote “Outperform” if you believe WEBK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WEBK will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Wellesley Bancorp is a leading dividend payer. It pays a dividend yield of 0.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Wellesley Bancorp has only been increasing its dividend for 4 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wellesley Bancorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 15.40% of the stock of Wellesley Bancorp is held by insiders.
Percentage Held by Institutions
Only 24.66% of the stock of Wellesley Bancorp is held by institutions.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Wellesley Bancorp is 14.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wellesley Bancorp is 14.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.14.
Price to Book Value per Share Ratio
Wellesley Bancorp has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.10 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Savings institutions, except federal

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:WEBK

Previous Symbol

CUSIPN/A

CIK1526952

Webwww.wellesleybank.com

Phone781-235-2550

Debt

Debt-to-Equity Ratio1.20

Current Ratio1.13

Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio14.23

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$43.40 million

Price / Sales2.10

Cash Flow$2.76 per share

Price / Cash Flow12.59

Book Value$28.60 per share

Price / Book1.21

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$6 million

Net Margins14.04%

Return on Equity8.60%

Return on Assets0.65%

Miscellaneous

Employees74

Outstanding Shares2,630,000

Market Cap$91.29 million

Next Earnings Date7/23/2020 (Estimated)

OptionableNot Optionable

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Wellesley Bancorp (NASDAQ:WEBK) Frequently Asked Questions

How has Wellesley Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Wellesley Bancorp's stock was trading at $29.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WEBK stock has increased by 19.7% and is now trading at $34.71. View which stocks have been most impacted by Coronavirus.

When is Wellesley Bancorp's next earnings date?

Wellesley Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Wellesley Bancorp.

How were Wellesley Bancorp's earnings last quarter?

Wellesley Bancorp Inc (NASDAQ:WEBK) released its earnings results on Thursday, April, 23rd. The bank reported $0.60 EPS for the quarter. The bank had revenue of $8.30 million for the quarter. Wellesley Bancorp had a net margin of 14.04% and a return on equity of 8.60%. View Wellesley Bancorp's earnings history.

How often does Wellesley Bancorp pay dividends? What is the dividend yield for Wellesley Bancorp?

Wellesley Bancorp announced a quarterly dividend on Wednesday, February 26th. Shareholders of record on Monday, March 9th will be given a dividend of $0.06 per share on Monday, March 23rd. This represents a $0.24 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend is Friday, March 6th. View Wellesley Bancorp's dividend history.

Has Wellesley Bancorp been receiving favorable news coverage?

News coverage about WEBK stock has been trending positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wellesley Bancorp earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutWellesley Bancorp.

Are investors shorting Wellesley Bancorp?

Wellesley Bancorp saw a decline in short interest in May. As of May 15th, there was short interest totaling 200 shares, a decline of 90.9% from the April 30th total of 2,200 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company's stock are short sold. View Wellesley Bancorp's Current Options Chain.

Who are some of Wellesley Bancorp's key competitors?

Some companies that are related to Wellesley Bancorp include Hingham Institution for Savings (HIFS), Pioneer Bancorp (PBFS), Home Bancorp (HBCP), Southern Missouri Bancorp (SMBC), PCSB Financial (PCSB), Entegra Financial (ENFC), Greene County Bancorp (GCBC), FS Bancorp (FSBW), ESSA Bancorp (ESSA), Timberland Bancorp (TSBK), First Northwest BanCorp (FNWB), PCSB Financial (BSBK), Prudential Bancorp (PBIP), Rhinebeck Bancorp (RBKB) and 1895 Bancorp of Wisconsin (BCOW). View all competitors.

What other stocks do shareholders of Wellesley Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wellesley Bancorp investors own include Trupanion (TRUP), Southern (SO), Universal (UVV), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), Wells Fargo & Co (WFC), Westrock (WRK), AbbVie (ABBV), Franklin Resources (BEN) and CenterPoint Energy (CNP).

Who are Wellesley Bancorp's key executives?

Wellesley Bancorp's management team includes the following people:

Mr. Thomas J. Fontaine, Chairman, Pres & CEO (Age 55)
Mr. Ralph L. Letner, Exec. VP, Chief Banking Officer & Chief Lending Officer of Wellesley Bank (Age 59)
Mr. Louis Pyle Crosier, Pres of Wellesley Investment Partners, LLC. (Age 52)
Mr. Michael W. Dvorak, CFO, COO, Treasurer & Corp. Sec. (Age 58)
Mr. Brian J. Lynch, Sr. VP & Residential Lender

What is Wellesley Bancorp's stock symbol?

Wellesley Bancorp trades on the NASDAQ under the ticker symbol "WEBK."

Who are Wellesley Bancorp's major shareholders?

Wellesley Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Banc Funds Co. LLC (3.51%), Beryl Capital Management LLC (1.48%), Tudor Investment Corp Et Al (0.79%), Commonwealth Equity Services LLC (0.61%), Prospector Partners LLC (0.53%) and Boston Financial Mangement LLC (0.15%). Company insiders that own Wellesley Bancorp stock include Kathryn M Hinderhofer, Simon R Gerlin and Thomas J Fontaine. View institutional ownership trends for Wellesley Bancorp.

Which major investors are selling Wellesley Bancorp stock?

WEBK stock was sold by a variety of institutional investors in the last quarter, including Beryl Capital Management LLC, Commonwealth Equity Services LLC, and UBS Group AG. View insider buying and selling activity for Wellesley Bancorp.

Which major investors are buying Wellesley Bancorp stock?

WEBK stock was acquired by a variety of institutional investors in the last quarter, including Tudor Investment Corp Et Al, Banc Funds Co. LLC, Boston Financial Mangement LLC, and Prospector Partners LLC. Company insiders that have bought Wellesley Bancorp stock in the last two years include Kathryn M Hinderhofer, and Simon R Gerlin. View insider buying and selling activity for Wellesley Bancorp.

How do I buy shares of Wellesley Bancorp?

Shares of WEBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Wellesley Bancorp's stock price today?

One share of WEBK stock can currently be purchased for approximately $34.71.

How big of a company is Wellesley Bancorp?

Wellesley Bancorp has a market capitalization of $91.29 million and generates $43.40 million in revenue each year. Wellesley Bancorp employs 74 workers across the globe.

What is Wellesley Bancorp's official website?

The official website for Wellesley Bancorp is www.wellesleybank.com.

How can I contact Wellesley Bancorp?

Wellesley Bancorp's mailing address is 100 WORCESTER STREET SUITE 300, WELLESLEY MA, 02481. The bank can be reached via phone at 781-235-2550.

This page was last updated on 5/29/2020 by MarketBeat.com Staff