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Western New England Bancorp DB:489 Stock Report

Last Price

€8.65

Market Cap

€184.6m

7D

-6.0%

1Y

12.3%

Updated

23 Dec, 2024

Data

Company Financials +

Western New England Bancorp, Inc.

DB:489 Stock Report

Market Cap: €184.6m

489 Stock Overview

Operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. More details

489 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Western New England Bancorp, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Western New England Bancorp
Historical stock prices
Current Share PriceUS$8.65
52 Week HighUS$9.20
52 Week LowUS$5.60
Beta0.69
1 Month Change2.98%
3 Month Change13.07%
1 Year Change12.34%
3 Year Change15.33%
5 Year Changen/a
Change since IPO1.76%

Recent News & Updates

Recent updates

Shareholder Returns

489DE BanksDE Market
7D-6.0%-2.0%-2.0%
1Y12.3%19.1%6.9%

Return vs Industry: 489 underperformed the German Banks industry which returned 19.1% over the past year.

Return vs Market: 489 exceeded the German Market which returned 6.9% over the past year.

Price Volatility

Is 489's price volatile compared to industry and market?
489 volatility
489 Average Weekly Movement4.4%
Banks Industry Average Movement3.1%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 489 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 489's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1853321Jim Haganwww.westfieldbank.com

Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including interest-bearing and noninterest-bearing checking, commercial checking, business, nonprofit and municipal checking, savings, money market and sweep, individual retirement, and other savings accounts; time deposits; certificates of deposit; and interest on lawyer’s trust accounts. It also offers residential real estate loans, including first mortgages, home equity loans, and home equity lines, and secured by one-to-four family residential properties; commercial and industrial loans, such as letters of credit, revolving lines of credit, working capital, equipment financing, and term loans; commercial mortgage loans; construction and land development loans; home equity loans comprising home equity revolving loans and lines of credit; and consumer loans, including automobile, spa and pool, collateral, and personal lines of credit.

Western New England Bancorp, Inc. Fundamentals Summary

How do Western New England Bancorp's earnings and revenue compare to its market cap?
489 fundamental statistics
Market cap€184.58m
Earnings (TTM)€10.44m
Revenue (TTM)€69.48m

17.7x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
489 income statement (TTM)
RevenueUS$72.50m
Cost of RevenueUS$0
Gross ProfitUS$72.50m
Other ExpensesUS$61.61m
EarningsUS$10.89m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.52
Gross Margin100.00%
Net Profit Margin15.02%
Debt/Equity Ratio65.1%

How did 489 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

54%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 20:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Western New England Bancorp, Inc. is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David BishopD.A. Davidson & Co.
David BishopFIG Partners
Christopher MarinacFIG Partners