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.
Industry, Sector and Symbol
Industry Savings institutions, except federal
Sub-IndustryN/A
SectorFinance
Phone781-235-2550
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$30.35 million
Profitability
Miscellaneous
Employees72
OptionableNot Optionable
Wellesley Bancorp (NASDAQ:WEBK) Frequently Asked Questions
What is Wellesley Bancorp's stock symbol?
Wellesley Bancorp trades on the NASDAQ under the ticker symbol "WEBK."
How often does Wellesley Bancorp pay dividends? What is the dividend yield for Wellesley Bancorp?
Wellesley Bancorp announced a quarterly dividend on Thursday, November 29th. Stockholders of record on Wednesday, December 12th will be paid a dividend of $0.055 per share on Wednesday, December 26th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Tuesday, December 11th. View Wellesley Bancorp's Dividend History.
How were Wellesley Bancorp's earnings last quarter?
Wellesley Bancorp Inc (NASDAQ:WEBK) announced its quarterly earnings data on Thursday, October, 25th. The bank reported $0.62 earnings per share for the quarter. The bank earned $6.83 million during the quarter. Wellesley Bancorp had a return on equity of 9.18% and a net margin of 13.33%. View Wellesley Bancorp's Earnings History.
When is Wellesley Bancorp's next earnings date?
Has Wellesley Bancorp been receiving favorable news coverage?
Media headlines about WEBK stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Wellesley Bancorp earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.
Who are some of Wellesley Bancorp's key competitors?
Some companies that are related to Wellesley Bancorp include Greene County Bancorp (GCBC), Timberland Bancorp (TSBK), ESSA Bancorp (ESSA), FS Bancorp (FSBW), First Northwest BanCorp (FNWB), Prudential Bancorp (PBIP), Entegra Financial (ENFC), Anchor Bancorp (ANCB), Home Loan Financial (HLFN), KS Bancorp (KSBI), WVS Financial (WVFC), Quaint Oak Bancorp (QNTO), The First Bancshares (FBSI), THIRD Centy BAN/SH (TDCB) and Home Financial Bancorp (HWEN).
Who are Wellesley Bancorp's key executives?
Wellesley Bancorp's management team includes the folowing people:
- Mr. Thomas J. Fontaine, Chairman, Pres & CEO (Age 54)
- Mr. Michael W. Dvorak, CFO, Treasurer & Corp. Sec. (Age 57)
- Mr. Ralph L. Letner, Exec. VP & Chief Lending Officer of Wellesley Bank (Age 58)
- Mr. Greg A. Pauplis, Sr. VP & Team Leader of Commercial Lending - Wellesley Bank
- Ms. Maureen E. Sullivan, Exec. VP & Chief Client Experience Officer at Wellesley Bank
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, Scottrade, Fidelity and Charles Schwab.
What is Wellesley Bancorp's stock price today?
One share of WEBK stock can currently be purchased for approximately $28.34.
How big of a company is Wellesley Bancorp?
Wellesley Bancorp has a market capitalization of $71.58 million and generates $30.35 million in revenue each year. Wellesley Bancorp employs 72 workers across the globe.
What is Wellesley Bancorp's official website?
How can I contact Wellesley Bancorp?
Wellesley Bancorp's mailing address is 40 CENTRAL STREET, WELLESLEY MA, 02482. The bank can be reached via phone at 781-235-2550.
MarketBeat Community Rating for Wellesley Bancorp (NASDAQ WEBK)
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.
