Western New England Bancorp Company Profile (NASDAQ:WNEB)

About Western New England Bancorp (NASDAQ:WNEB)

Western New England Bancorp logoWestern New England Bancorp, Inc., formerly Westfield Financial, Inc., is a Massachusetts-chartered stock holding company. The Company serves as a holding company for Westfield Bank (the Bank). It is a provider of banking products and services to business organizations and individuals, including products such as residential and commercial loans, consumer loans and a variety of deposit products. It focuses on residential real estate lending, as well as servicing commercial customers, including commercial and industrial lending and commercial deposit relationships. In addition, it provides online banking services. It operates through over 21 banking offices located in Agawam, Chicopee, East Longmeadow, Feeding Hills, Holyoke, Ludlow, Southwick, Springfield, Ware, West Springfield and Westfield, Massachusetts, and Granby and Enfield, Connecticut. It also has over 10 automated teller machine (ATM) locations in Holyoke, Southwick, Springfield, West Springfield and Westfield, Massachusetts.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Commercial Banks
  • Sub-Industry: N/A
  • Symbol: NASDAQ:WNEB
  • CUSIP: N/A
  • Web: www.westfieldbank.com
Capitalization:
  • Market Cap: $329.78 million
  • Outstanding Shares: 29,980,000
Average Prices:
  • 50 Day Moving Avg: $10.52
  • 200 Day Moving Avg: $10.26
  • 52 Week Range: $7.45 - $11.10
P/E:
  • Trailing P/E Ratio: 25.40
  • Foreward P/E Ratio: 17.74
  • P/E Growth: 1.88
Sales & Book Value:
  • Annual Revenue: $56.9 million
  • Price / Sales: 5.80
  • Book Value: $8.38 per share
  • Price / Book: 1.31
Dividend:
  • Annual Dividend: $0.12
  • Dividend Yield: 1.1%
Profitability:
  • Net Margins: 15.93%
  • Return on Equity: 5.47%
  • Return on Assets: 0.63%
Debt:
  • Debt-to-Equity Ratio: 0.47%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.96%
Misc:
  • Average Volume: 42,769 shs.
  • Beta: 0.42
  • Short Ratio: 5.22
 

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

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 declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Wednesday, August 9th will be given a dividend of $0.03 per share on Wednesday, August 23rd. This represents a $0.12 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Monday, August 7th. View Western New England Bancorp's Dividend History.

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

Western New England Bancorp (NASDAQ:WNEB) announced its earnings results on Friday, July, 28th. The company reported $0.12 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.01. The firm earned $16.82 million during the quarter, compared to analysts' expectations of $16.74 million. Western New England Bancorp had a net margin of 15.93% and a return on equity of 5.47%. View Western New England Bancorp's Earnings History.

When will Western New England Bancorp make its next earnings announcement?

Western New England Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Western New England Bancorp.

Where is Western New England Bancorp's stock going? Where will Western New England Bancorp's stock price be in 2017?

3 brokers have issued twelve-month price objectives for Western New England Bancorp's stock. Their forecasts range from $11.00 to $11.50. On average, they expect Western New England Bancorp's share price to reach $11.33 in the next twelve months. View Analyst Ratings for Western New England Bancorp.

What are analysts saying about Western New England Bancorp stock?

Here are some recent quotes from research analysts about Western New England Bancorp stock:

  • 1. According to Zacks Investment Research, "Western New England Bancorp, Inc. provides banking services. The Company offers personal checking accounts, loans, eBanking services, commercial loans, money market accounts, wealth management, retirement planning and other related financial services. Western New England Bancorp, Inc., formerly known as Westfield Financial, Inc., is based in Westfield, MA. " (9/28/2017)
  • 2. Piper Jaffray Companies analysts commented, "This was a good quarter for WNEB as the company completed the acquisition of CBNK, completed the systems conversion and posted a better-than-expected 0.71% ROA. In addition, in the year ahead we expect the company to produce a 0.73% ROA driven by margin expansion, solid loan growth (+10%) and lower than previously anticipated expenses (~$10M per quarter). As a result of an improved outlook, we increased our price target to $11.50, equating to 1.5x forward TBV. With that as the backdrop, we think shares can outperform, delivering total returns from here of +20%, making WNEB one of our top small cap picks in the Northeast." (2/7/2017)

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:

  • Christos A. Tapases, Chairman of the Board
  • James C. Hagan Jr, President, Chief Executive Officer, Director
  • William Wagner, Vice Chairman of the Board
  • Guida R. Sajdak, Chief Financial Officer, Executive Vice President, Treasurer
  • Allen J Miles III, Executive Vice President, Chief Lending Officer
  • Leo R. Sagan Jr., Senior Vice President, Chief Risk Officer
  • Gerald P. Ciejka, Vice President, General Counsel, Director - Human Resources, Secretary
  • Deborah J. McCarthy, Vice President
  • Kevin O. O'Connor, Vice President - Retail Banking
  • Louis O. Gorman III, Vice President - Credit Administration, Chief Credit Officer

How do I buy Western New England Bancorp stock?

Shares of Western New England Bancorp can be purchased through any online brokerage account. Popular online brokerages 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 Western New England Bancorp stock can currently be purchased for approximately $11.00.


MarketBeat Community Rating for Western New England Bancorp (NASDAQ WNEB)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  49 (Vote Outperform)
Underperform Votes:  59 (Vote Underperform)
Total Votes:  108
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Western New England Bancorp (NASDAQ:WNEB) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $11.33 (3.03% upside)
Consensus Price Target History for Western New England Bancorp (NASDAQ:WNEB)
Price Target History for Western New England Bancorp (NASDAQ:WNEB)
Analysts' Ratings History for Western New England Bancorp (NASDAQ:WNEB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$11.00LowView Rating Details
7/28/2017Piper Jaffray CompaniesReiterated RatingBuy$11.50LowView Rating Details
2/28/2017Compass PointUpgradeNeutral -> Buy$11.50N/AView Rating Details
(Data available from 10/18/2015 forward)

Earnings

Earnings History for Western New England Bancorp (NASDAQ:WNEB)
Earnings by Quarter for Western New England Bancorp (NASDAQ:WNEB)
Earnings History by Quarter for Western New England Bancorp (NASDAQ WNEB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017        
7/28/2017Q2 2017$0.13$0.12$16.74 million$16.82 millionViewN/AView Earnings Details
4/26/2017Q1 2017$0.11$0.13$16.53 millionViewN/AView Earnings Details
10/26/2016Q3$0.09$0.04$9.73 million$9.65 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Western New England Bancorp (NASDAQ:WNEB)
2017 EPS Consensus Estimate: $0.51
2018 EPS Consensus Estimate: $0.62
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.09$0.09$0.09
Q2 20171$0.13$0.13$0.13
Q3 20171$0.14$0.14$0.14
Q4 20171$0.15$0.15$0.15
Q1 20181$0.14$0.14$0.14
Q2 20181$0.15$0.15$0.15
Q3 20181$0.16$0.16$0.16
Q4 20181$0.17$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Western New England Bancorp (NASDAQ:WNEB)
Most Recent Dividend:8/23/2017
Annual Dividend:$0.12
Dividend Yield:1.09%
Payout Ratio:30.00% (Trailing 12 Months of Earnings)
20.69% (Based on This Year's Estimates)
19.35% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Western New England Bancorp (NASDAQ:WNEB)

Dividend History by Quarter for Western New England Bancorp (NASDAQ WNEB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017Quarterly$0.031.21%8/7/20178/9/20178/23/2017
4/26/2017Quarterly$0.031.13%5/8/20175/10/20175/24/2017
2/2/2017Quarterly$0.031.26%2/14/20172/16/20173/2/2017
10/27/2016Quarterly$0.0311/7/201611/9/201611/23/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Western New England Bancorp (NASDAQ:WNEB)
Insider Ownership Percentage: 5.58%
Institutional Ownership Percentage: 56.02%
Insider Trades by Quarter for Western New England Bancorp (NASDAQ:WNEB)
Institutional Ownership by Quarter for Western New England Bancorp (NASDAQ:WNEB)
Insider Trades by Quarter for Western New England Bancorp (NASDAQ:WNEB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/9/2017William J WagnerInsiderSell162,363$10.21$1,657,726.23View SEC Filing  
3/20/2017Paul C PicknellyDirectorSell15,558$10.65$165,692.70View SEC Filing  
2/24/2017William J WagnerInsiderSell77,525$9.68$750,442.00View SEC Filing  
2/17/2017Cidalia InacioSVPSell2,439$9.66$23,560.74View SEC Filing  
2/16/2017Cidalia InacioSVPSell6,661$9.70$64,611.70View SEC Filing  
2/14/2017Cidalia InacioSVPSell7,875$9.81$77,253.75View SEC Filing  
2/9/2017William D MasseDirectorSell21,173$9.60$203,260.80View SEC Filing  
2/8/2017Gregg F OrlenDirectorSell28,130$9.61$270,329.30View SEC Filing  
2/8/2017Guida R SajdakEVPSell36,375$9.73$353,928.75View SEC Filing  
12/20/2016Darlene M LibiszewskiSVPSell36,375$9.11$331,376.25View SEC Filing  
12/20/2016Philip R SmithDirectorBuy5,000$9.11$45,550.00View SEC Filing  
12/8/2016Allen J Miles IIIVPBuy3,699$8.63$31,922.37View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Western New England Bancorp (NASDAQ:WNEB)
Latest Headlines for Western New England Bancorp (NASDAQ:WNEB)
Source:
DateHeadline
americanbankingnews.com logoWestern New England Bancorp (WNEB) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - October 8 at 6:38 PM
americanbankingnews.com logoWestern New England Bancorp (WNEB) Receives Hold Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - October 3 at 11:46 PM
finance.yahoo.com logoWill Western New England Bancorp Inc (WNEB) Continue To Underperform Its Industry?
finance.yahoo.com - October 3 at 2:57 PM
finance.yahoo.com logoETFs with exposure to Western New England Bancorp, Inc. : September 22, 2017
finance.yahoo.com - September 23 at 11:31 AM
finance.yahoo.com logoWestern New England Bancorp, Inc. :WNEB-US: Earnings Analysis: Q2, 2017 By the Numbers : September 19, 2017
finance.yahoo.com - September 20 at 11:07 AM
finance.yahoo.com logoWestern New England Bancorp, Inc. : WNEB-US: Dividend Analysis : August 09th, 2017 (record date) : By the numbers : September 11, 2017
finance.yahoo.com - September 13 at 9:17 PM
americanbankingnews.com logoWestern New England Bancorp (WNEB) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - September 13 at 8:54 PM
finance.yahoo.com logoWestern New England Bancorp, Inc. : WNEB-US: Dividend Analysis : August 09th, 2017 (record date) : By the numbers : September 11, 2017
finance.yahoo.com - September 12 at 12:18 PM
finance.yahoo.com logoWestern New England Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : WNEB-US : September 5, 2017
finance.yahoo.com - September 6 at 10:24 AM
americanbankingnews.com logoWestern New England Bancorp (WNEB) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 19 at 8:48 PM
finance.yahoo.com logoWestern New England Bancorp, Inc. – Value Analysis (NASDAQ:WNEB) : August 1, 2017
finance.yahoo.com - August 1 at 7:52 AM
americanbankingnews.com logoFIG Partners Weighs in on Western New England Bancorp's Q1 2018 Earnings (NASDAQ:WNEB)
www.americanbankingnews.com - July 31 at 7:52 AM
americanbankingnews.com logoWestern New England Bancorp (WNEB) Stock Rating Reaffirmed by Piper Jaffray Companies
www.americanbankingnews.com - July 30 at 2:08 PM
americanbankingnews.com logoWestern New England Bancorp (NASDAQ:WNEB) Announces Earnings Results
www.americanbankingnews.com - July 27 at 12:39 PM
americanbankingnews.com logoWestern New England Bancorp (NASDAQ:WNEB) Announces Quarterly Dividend of $0.03
www.americanbankingnews.com - July 27 at 11:16 AM
finance.yahoo.com logoWestern New England Bancorp, Inc. Reports Results for Three and Six Months Ended June 30, 2017 and Declares Quarterly Cash Dividend
finance.yahoo.com - July 27 at 9:36 AM
finance.yahoo.com logoWestern New England Bancorp posts 2Q profit
finance.yahoo.com - July 27 at 9:36 AM
finance.yahoo.com logoWestern New England Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : WNEB-US : July 26, 2017
finance.yahoo.com - July 26 at 10:06 AM
americanbankingnews.com logoWestern New England Bancorp (WNEB) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - July 26 at 12:27 AM
americanbankingnews.com logoWestern New England Bancorp (WNEB) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 18 at 8:24 AM
finance.yahoo.com logoWestern New England Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : WNEB-US : July 14, 2017
finance.yahoo.com - July 14 at 10:02 AM
bizjournals.com logoAn uphill climb: Berkshire Bank, Boston's new giant, aims to be the next Fleet
www.bizjournals.com - July 8 at 8:23 AM
finance.yahoo.com logoWestern New England Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : WNEB-US : July 4, 2017
finance.yahoo.com - July 4 at 8:51 AM
feeds.benzinga.com logoWestern New England Bancorp, Inc. Board Elects Tapases as Chairman
feeds.benzinga.com - June 30 at 10:04 AM
us.rd.yahoo.com logo4:40 pm Western New England Bancorp names Guida R. Sajdak as CFO effective as of April 24
us.rd.yahoo.com - April 3 at 8:59 PM
biz.yahoo.com logoWESTERN NEW ENGLAND BANCORP, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements
us.rd.yahoo.com - April 3 at 8:59 PM
biz.yahoo.com logoWESTERN NEW ENGLAND BANCORP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 7:34 AM
reuters.com logoBRIEF-MHC Mutual Conversion Fund reports a 5.6 pct stake in Western New England Bancorp Inc
www.reuters.com - February 28 at 11:00 AM
biz.yahoo.com logoWESTERN NEW ENGLAND BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Amendments to Ar
biz.yahoo.com - February 9 at 6:44 AM
biz.yahoo.com logoWESTERN NEW ENGLAND BANCORP, INC. Files SEC form 8-K/A, Completion of Acquisition or Disposition of Assets, Financial
biz.yahoo.com - January 6 at 6:39 AM
seekingalpha.com logoHovnanian Enterprises, Inc' (HOV) CEO Ara Hovnanian on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - December 8 at 4:49 PM
biz.yahoo.com logoWESTERN NEW ENGLAND BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statem
biz.yahoo.com - November 11 at 4:43 PM
biz.yahoo.com logoWESTERN NEW ENGLAND BANCORP, INC. Files SEC form 8-K, Other Events
biz.yahoo.com - November 11 at 4:43 PM
biz.yahoo.com logoWESTERN NEW ENGLAND BANCORP, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 11 at 4:43 PM

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Chart

Western New England Bancorp (WNEB) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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