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
SymbolNASDAQ:WEBK
CUSIPN/A
Phone781-235-2550
Debt
Debt-to-Equity Ratio1.63
Current Ratio1.10
Quick Ratio1.10
Price-To-Earnings
Trailing P/E Ratio17.21
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$30.35 million
Price / Sales2.72
Cash Flow$2.0583 per share
Price / Cash15.96
Book Value$23.70 per share
Price / Book1.39
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$3.18 million
Net Margins11.78%
Return on Equity8.00%
Return on Assets0.60%
Miscellaneous
Employees72
Outstanding Shares2,510,000
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 declared a quarterly dividend on Friday, May 25th. Shareholders of record on Wednesday, June 6th will be given a dividend of $0.055 per share on Wednesday, June 20th. This represents a $0.22 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Tuesday, June 5th. This is a positive change from Wellesley Bancorp's previous quarterly dividend of $0.05. View Wellesley Bancorp's Dividend History.
How were Wellesley Bancorp's earnings last quarter?
Wellesley Bancorp Inc (NASDAQ:WEBK) announced its earnings results on Thursday, April, 26th. The bank reported $0.58 earnings per share for the quarter. The bank earned $6.60 million during the quarter. Wellesley Bancorp had a net margin of 11.78% and a return on equity of 8.00%. View Wellesley Bancorp's Earnings History.
When is Wellesley Bancorp's next earnings date?
Who are some of Wellesley Bancorp's key competitors?
Some companies that are related to Wellesley Bancorp include Timberland Bancorp (TSBK), Greene County Bancorp (GCBC), FS Bancorp (FSBW), First Northwest BanCorp (FNWB), Entegra Financial (ENFC), ESSA Bancorp (ESSA), Prudential Bancorp (PBIP), First BancTrust (FIRT), Anchor Bancorp (ANCB), Home Loan Financial (HLFN), KS Bancorp (KSBI), WVS Financial (WVFC), Hibernia Bancorp (HIBE), Quaint Oak Bancorp (QNTO) and THIRD Centy BAN/SH (TDCB).
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
- Mr. Louis Pyle Crosier, Pres of Wellesley Investment Partners, LLC. (Age 51)
Has Wellesley Bancorp been receiving favorable news coverage?
Headlines about WEBK stock have trended somewhat positive on Sunday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Wellesley Bancorp earned a daily sentiment score of 0.03 on Accern's scale. They also gave headlines about the bank an impact score of 45.27 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Wellesley Bancorp's major shareholders?
Wellesley Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Siena Capital Partners GP LLC (1.69%). Company insiders that own Wellesley Bancorp stock include Eloise C Thibault, Kathryn M Hinderhofer, Nancy Marden Goodall, Simon R Gerlin and Thomas J Fontaine. View Institutional Ownership Trends for Wellesley Bancorp.
Which institutional investors are buying Wellesley Bancorp stock?
WEBK stock was acquired by a variety of institutional investors in the last quarter, including Siena Capital Partners GP 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 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, Scottrade, Fidelity and Charles Schwab.
What is Wellesley Bancorp's stock price today?
One share of WEBK stock can currently be purchased for approximately $32.85.
How big of a company is Wellesley Bancorp?
Wellesley Bancorp has a market capitalization of $82.84 million and generates $30.35 million in revenue each year. Wellesley Bancorp employs 72 workers across the globe.
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 (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.
