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

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$9.88 -0.04 (-0.40 %)
(As of 03/19/2019 06:00 AM ET)
Previous Close$9.92
Today's Range$9.89 - $9.99
52-Week Range$8.50 - $11.25
Volume19,224 shs
Average Volume73,019 shs
Market Capitalization$269.36 million
P/E Ratio17.64
Dividend Yield2.02%
Beta0.18
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

Industry N/A
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:WNEB
Previous SymbolNASDAQ:WFD
CUSIPN/A
Phone413-568-1911

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$88.22 million
Cash Flow$0.7032 per share
Book Value$8.07 per share

Profitability

Net Income$16.41 million

Miscellaneous

EmployeesN/A
Market Cap$269.36 million
Next Earnings Date4/23/2019 (Estimated)
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, January 30th. Stockholders of record on Wednesday, February 13th will be paid a dividend of $0.05 per share on Wednesday, February 27th. This represents a $0.20 annualized dividend and a dividend yield of 2.02%. The ex-dividend date is Tuesday, February 12th. This is a positive change from Western New England Bancorp's previous quarterly dividend of $0.04. 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) released its quarterly earnings data on Tuesday, January, 29th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.14. The financial services provider had revenue of $17.06 million for the quarter, compared to the consensus estimate of $17.19 million. Western New England Bancorp had a net margin of 18.60% and a return on equity of 6.71%. 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, April 23rd 2019. View Earnings Estimates for Western New England Bancorp.

What price target have analysts set for WNEB?

2 analysts have issued 1 year price targets for Western New England Bancorp's shares. Their predictions range from $10.50 to $11.00. On average, they expect Western New England Bancorp's share price to reach $10.75 in the next twelve months. This suggests a possible upside of 8.8% 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?

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

Has Western New England Bancorp been receiving favorable news coverage?

Press coverage about WNEB stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media 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 -1.2 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

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

What other stocks do shareholders of Western New England Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western New England Bancorp investors own include EnLink Midstream (ENLC), General Electric (GE), Regions Financial (RF), Allena Pharmaceuticals (ALNA), SLM (SLM), Transocean (RIG), Ready Capital (RC), Two Harbors Investment (TWO), Radian Group (RDN) and Whiting Petroleum (WLL).

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 58)
  • Mr. William J. Wagner, Vice Chairman & Chief Bus. Devel. Officer (Age 73)
  • Ms. Guida R. Sajdak, CFO, Exec. VP & Treasurer (Age 46)
  • Mr. Gerald P. Ciejka, SVP, Gen. Counsel, Director of HR & Sec. (Age 58)
  • Mr. Leo R. Sagan Jr., Sr. VP & Chief Risk Officer (Age 56)

Who are Western New England Bancorp's major shareholders?

Western New England Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.86%), Dimensional Fund Advisors LP (7.86%), FMR LLC (3.56%), RMB Capital Management LLC (2.27%), Royce & Associates LP (1.69%) and Deprince Race & Zollo Inc. (1.16%). Company insiders that own Western New England Bancorp stock include Allen J Miles III, Christos A Tapases, Cidalia Inacio, Gerald P Ciejka, Guida R Sajdak, Paul C Picknelly, Philip R Smith, Steven G Richter and William J Wagner. View Institutional Ownership Trends for Western New England Bancorp.

Which institutional investors are selling Western New England Bancorp stock?

WNEB stock was sold by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, FMR LLC, Monarch Partners Asset Management LLC, Deprince Race & Zollo Inc., Deprince Race & Zollo Inc., Millennium Management LLC, MetLife Investment Advisors LLC and Raymond James & Associates. Company insiders that have sold Western New England Bancorp company stock in the last year include Allen J Miles III and Guida R Sajdak. View Insider Buying and Selling for Western New England Bancorp.

Which institutional investors are buying Western New England Bancorp stock?

WNEB stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, First Trust Advisors LP, Essex Financial Services Inc., Geode Capital Management LLC, Geode Capital Management LLC, Rhumbline Advisers and Metropolitan Life Insurance Co. NY. 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 $9.88.

How big of a company is Western New England Bancorp?

Western New England Bancorp has a market capitalization of $269.36 million and generates $88.22 million in revenue each year. The financial services provider earns $16.41 million in net income (profit) each year or $0.56 on an earnings per share basis.

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:  154 (Vote Outperform)
Underperform Votes:  220 (Vote Underperform)
Total Votes:  374
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 3/19/2019 by MarketBeat.com Staff

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