Western New England Bancorp, Inc.

DB:489 Stock Report

Market Cap: €185.1m

Western New England Bancorp Management

Management criteria checks 3/4

Western New England Bancorp's CEO is Jim Hagan, appointed in Jul 2005, has a tenure of 19.42 years. total yearly compensation is $1.42M, comprised of 49.5% salary and 50.5% bonuses, including company stock and options. directly owns 1.4% of the company’s shares, worth €2.59M. The average tenure of the management team and the board of directors is 7.8 years and 10.6 years respectively.

Key information

Jim Hagan

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage49.5%
CEO tenure19.4yrs
CEO ownership1.4%
Management average tenure7.8yrs
Board average tenure10.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Hagan's remuneration changed compared to Western New England Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$11m

Jun 30 2024n/an/a

US$13m

Mar 31 2024n/an/a

US$13m

Dec 31 2023US$1mUS$701k

US$15m

Sep 30 2023n/an/a

US$22m

Jun 30 2023n/an/a

US$23m

Mar 31 2023n/an/a

US$26m

Dec 31 2022US$1mUS$641k

US$26m

Sep 30 2022n/an/a

US$23m

Jun 30 2022n/an/a

US$23m

Mar 31 2022n/an/a

US$23m

Dec 31 2021US$1mUS$589k

US$24m

Sep 30 2021n/an/a

US$22m

Jun 30 2021n/an/a

US$19m

Mar 31 2021n/an/a

US$15m

Dec 31 2020US$1mUS$545k

US$11m

Sep 30 2020n/an/a

US$10m

Jun 30 2020n/an/a

US$11m

Mar 31 2020n/an/a

US$12m

Dec 31 2019US$1mUS$505k

US$13m

Sep 30 2019n/an/a

US$14m

Jun 30 2019n/an/a

US$14m

Mar 31 2019n/an/a

US$16m

Dec 31 2018US$753kUS$467k

US$16m

Sep 30 2018n/an/a

US$12m

Jun 30 2018n/an/a

US$12m

Mar 31 2018n/an/a

US$11m

Dec 31 2017US$699kUS$432k

US$12m

Compensation vs Market: Jim's total compensation ($USD1.42M) is above average for companies of similar size in the German market ($USD902.55K).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


CEO

Jim Hagan (63 yo)

19.4yrs

Tenure

US$1,416,019

Compensation

Mr. James C. Hagan, also known as Jim, has been the Chief Executive Officer of Western New England Bancorp, Inc. (formerly Westfield Financial Inc.) and Westfield Bank since December 31, 2008. Mr. Hagan ha...


Leadership Team

NamePositionTenureCompensationOwnership
James Hagan
President19.4yrsUS$1.42m1.4%
€ 2.6m
Guida Sajdak
CFO, Executive VP & Treasurer7.7yrsUS$535.34k0.34%
€ 620.2k
Allen Miles
Executive VP & Senior Lender19.3yrsUS$597.86k0.44%
€ 810.7k
Carole Hinkley
Assistant VP & Investment Officerno datano datano data
Darlene Libiszewski
Senior VP & Chief Information Officer8.2yrsno data0.17%
€ 305.6k
Meghan Hibner
VP, Controller & Investor Relations Officerno datano datano data
Nadia Baral
VP & Director of Complianceno datano datano data
John Bonini
Senior VP & General Counsel3.9yrsno data0.083%
€ 153.6k
Daniel Marini
Senior Vice President of Retail Banking & Marketingno datano data0.11%
€ 194.7k
Christine Phillips
Senior VP & Human Resources Director4.1yrsno data0.087%
€ 161.7k
Leo Sagan
Senior VP & Chief Risk Officer7.7yrsUS$422.86k0.47%
€ 865.9k
Kevin O'Connor
Executive VP & Chief Banking Officer7.8yrsno data0.25%
€ 460.3k

7.8yrs

Average Tenure

57yo

Average Age

Experienced Management: 489's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Hagan
President15.6yrsUS$1.42m1.4%
€ 2.6m
Gary Fitzgerald
Independent Director8.2yrsUS$56.93k0.13%
€ 249.7k
Philip Smith
Independent Director15.6yrsUS$69.23k0.24%
€ 451.5k
Steven Richter
Independent Director13.6yrsUS$70.73k0.32%
€ 597.5k
Paul Picknelly
Independent Director8.2yrsUS$51.43k0.49%
€ 910.3k
William Masse
Independent Director8.2yrsUS$55.43k0.30%
€ 554.2k
Donna Damon
Independent Director13.6yrsUS$49.93k0.30%
€ 546.6k
Laura Benoit
Independent Director10.6yrsUS$51.43k0.21%
€ 380.6k
Lisa McMahon
Independent Chairperson10.6yrsUS$92.73k0.25%
€ 456.0k

10.6yrs

Average Tenure

65yo

Average Age

Experienced Board: 489's board of directors are seasoned and experienced ( 10.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 02:31
End of Day Share Price 2024/12/23 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

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

Industry and Sector Metrics

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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