NASDAQ:WNEB - Western New England Bancorp Stock Price, News, & Analysis

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$9.35 -0.10 (-1.06 %)
(As of 12/16/2018 11:15 AM ET)
Previous Close$9.35
Today's Range$9.30 - $9.58
52-Week Range$8.51 - $11.25
Volume35,511 shs
Average Volume57,683 shs
Market Capitalization$274.10 million
P/E Ratio17.00
Dividend Yield1.71%
Beta0.34
Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides community banking products and services to individuals and businesses. The company accepts various deposit accounts, including time deposits, money market accounts, savings accounts, demand accounts, and interest bearing checking accounts. It also offers commercial and industrial loans comprising business installment loans, vehicle and equipment financing, lines of credit, and other commercial loans; commercial real estate loans to finance the purchase of apartment buildings, business properties, and multi-family investment properties; construction loans to the developers of commercial and residential properties; residential real estate loans and originations; home equity loans; and consumer loans. In addition, the company provides complementary commercial products and services consisting of commercial deposit accounts, cash management services, Internet banking, sweep accounts, ATM network, and night deposit services; and invests in government-sponsored enterprise debt securities and municipal bonds. It operates a network of 21 banking offices located in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Ludlow, South Hadley, Southwick, Springfield, Ware, West Springfield, and Westfield, Massachusetts, Granby and Enfield, and Connecticut. The company was formerly known as Westfield Financial, Inc. and changed its name to Western New England Bancorp, Inc. in October 2016. Western New England Bancorp, Inc. was founded in 1853 and is headquartered in Westfield, Massachusetts.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:WNEB
Previous SymbolNASDAQ:WFD
CUSIPN/A
Phone413-568-1911

Debt

Debt-to-Equity Ratio0.93
Current Ratio1.05
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio17.00
Forward P/E Ratio16.70
P/E GrowthN/A

Sales & Book Value

Annual Sales$82.54 million
Price / Sales3.32
Cash Flow$0.6972 per share
Price / Cash Flow13.41
Book Value$8.07 per share
Price / Book1.16

Profitability

EPS (Most Recent Fiscal Year)$0.50
Net Income$12.32 million
Net Margins14.03%
Return on Equity6.60%
Return on Assets0.76%

Miscellaneous

Employees317
Outstanding Shares29,320,000
Market Cap$274.10 million
OptionableOptionable

Western New England Bancorp (NASDAQ:WNEB) Frequently Asked Questions

What is Western New England Bancorp's stock symbol?

Western New England Bancorp trades on the NASDAQ under the ticker symbol "WNEB."

How often does Western New England Bancorp pay dividends? What is the dividend yield for Western New England Bancorp?

Western New England Bancorp announced a quarterly dividend on Wednesday, October 24th. Shareholders of record on Wednesday, November 7th will be given a dividend of $0.04 per share on Wednesday, November 21st. This represents a $0.16 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Tuesday, November 6th. View Western New England Bancorp's Dividend History.

How were Western New England Bancorp's earnings last quarter?

Western New England Bancorp Inc (NASDAQ:WNEB) announced its earnings results on Tuesday, October, 23rd. The financial services provider reported $0.14 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.14. The financial services provider earned $16.90 million during the quarter, compared to analyst estimates of $17.49 million. Western New England Bancorp had a return on equity of 6.60% and a net margin of 14.03%. View Western New England Bancorp's Earnings History.

When is Western New England Bancorp's next earnings date?

Western New England Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Western New England Bancorp.

What price target have analysts set for WNEB?

3 equities research analysts have issued twelve-month target prices for Western New England Bancorp's shares. Their predictions range from $11.50 to $12.00. On average, they expect Western New England Bancorp's stock price to reach $11.8333 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Western New England Bancorp.

What is the consensus analysts' recommendation for Western New England Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western New England Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Western New England Bancorp.

Has Western New England Bancorp been receiving favorable news coverage?

News articles about WNEB stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Western New England Bancorp earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are some of Western New England Bancorp's key competitors?

Who are Western New England Bancorp's key executives?

Western New England Bancorp's management team includes the folowing people:
  • Mr. James C. Hagan, Pres, CEO & Director (Age 57)
  • Mr. William J. Wagner, Vice Chairman & Chief Bus. Devel. Officer (Age 72)
  • Ms. Guida R. Sajdak, CFO, Exec. VP & Treasurer (Age 45)
  • Mr. Gerald P. Ciejka, SVP, Gen. Counsel, Director of HR & Sec. (Age 57)
  • Mr. Leo R. Sagan Jr., Sr. VP & Chief Risk Officer (Age 55)

Who are Western New England Bancorp's major shareholders?

Western New England Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.65%), BlackRock Inc. (7.50%), Renaissance Technologies LLC (5.47%), Vanguard Group Inc (4.50%), Vanguard Group Inc. (4.50%) and FMR LLC (4.14%). Company insiders that own Western New England Bancorp stock include Allen J Miles III, Christos A Tapases, Cidalia Inacio, Darlene M Libiszewski, Gerald P Ciejka, Gregg F Orlen, Guida R Sajdak, Paul C Picknelly, Philip R Smith, Steven G Richter, William D Masse and William J Wagner. View Institutional Ownership Trends for Western New England Bancorp.

Which major investors are selling Western New England Bancorp stock?

WNEB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Monarch Partners Asset Management LLC and Maltese Capital Management LLC. Company insiders that have sold Western New England Bancorp company stock in the last year include Allen J Miles III and Cidalia Inacio. View Insider Buying and Selling for Western New England Bancorp.

Which major investors are buying Western New England Bancorp stock?

WNEB stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Renaissance Technologies LLC, BlackRock Inc., Citadel Advisors LLC, Royce & Associates LP, Vanguard Group Inc, Vanguard Group Inc. and MetLife Investment Advisors LLC. Company insiders that have bought Western New England Bancorp stock in the last two years include Christos A Tapases, Philip R Smith and Steven G Richter. View Insider Buying and Selling for Western New England Bancorp.

How do I buy shares of Western New England Bancorp?

Shares of WNEB 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 Western New England Bancorp's stock price today?

One share of WNEB stock can currently be purchased for approximately $9.35.

How big of a company is Western New England Bancorp?

Western New England Bancorp has a market capitalization of $274.10 million and generates $82.54 million in revenue each year. The financial services provider earns $12.32 million in net income (profit) each year or $0.50 on an earnings per share basis. Western New England Bancorp employs 317 workers across the globe.

What is Western New England Bancorp's official website?

The official website for Western New England Bancorp is http://www.westfieldbank.com.

How can I contact Western New England Bancorp?

Western New England Bancorp's mailing address is 141 ELM STREET, WESTFIELD MA, 01086. The financial services provider can be reached via phone at 413-568-1911.


MarketBeat Community Rating for Western New England Bancorp (NASDAQ WNEB)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  194 (Vote Underperform)
Total Votes:  331
MarketBeat's community ratings are surveys of what our community members think about Western New England Bancorp and other stocks. Vote "Outperform" if you believe WNEB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WNEB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/16/2018 by MarketBeat.com Staff

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