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Western New England Bancorp NasdaqGS:WNEB Stock Report

Last Price

US$6.27

Market Cap

US$134.3m

7D

-4.4%

1Y

-16.8%

Updated

23 Apr, 2024

Data

Company Financials +

Western New England Bancorp, Inc.

NasdaqGS:WNEB Stock Report

Market Cap: US$134.3m

WNEB Stock Overview

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.

WNEB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Western New England Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Western New England Bancorp
Historical stock prices
Current Share PriceUS$6.27
52 Week HighUS$9.25
52 Week LowUS$5.58
Beta0.60
1 Month Change-18.57%
3 Month Change-28.34%
1 Year Change-16.84%
3 Year Change-21.63%
5 Year Change-35.09%
Change since IPO54.23%

Recent News & Updates

Recent updates

Western New England Bancorp (NASDAQ:WNEB) Will Pay A Larger Dividend Than Last Year At $0.07

Apr 29
Western New England Bancorp (NASDAQ:WNEB) Will Pay A Larger Dividend Than Last Year At $0.07

With EPS Growth And More, Western New England Bancorp (NASDAQ:WNEB) Makes An Interesting Case

Mar 14
With EPS Growth And More, Western New England Bancorp (NASDAQ:WNEB) Makes An Interesting Case

Western New England Bancorp (NASDAQ:WNEB) Is Paying Out A Dividend Of $0.06

Nov 01
Western New England Bancorp (NASDAQ:WNEB) Is Paying Out A Dividend Of $0.06

Western New England Bancorp's (NASDAQ:WNEB) Dividend Will Be $0.06

Aug 08
Western New England Bancorp's (NASDAQ:WNEB) Dividend Will Be $0.06

Here's Why We Think Western New England Bancorp (NASDAQ:WNEB) Is Well Worth Watching

Jul 28
Here's Why We Think Western New England Bancorp (NASDAQ:WNEB) Is Well Worth Watching

Western New England GAAP EPS of $0.25 in-line, revenue of $22.13M beats by $3.03M

Jul 26

Western New England Bancorp's (NASDAQ:WNEB) Dividend Will Be US$0.06

Apr 30
Western New England Bancorp's (NASDAQ:WNEB) Dividend Will Be US$0.06

Western New England Bancorp (NASDAQ:WNEB) Is Increasing Its Dividend To US$0.06

Jan 29
Western New England Bancorp (NASDAQ:WNEB) Is Increasing Its Dividend To US$0.06

Western New England Bancorp (NASDAQ:WNEB) Has Re-Affirmed Its Dividend Of US$0.05

Nov 01
Western New England Bancorp (NASDAQ:WNEB) Has Re-Affirmed Its Dividend Of US$0.05

Western New England Bancorp (NASDAQ:WNEB) Is Due To Pay A Dividend Of US$0.05

Jul 31
Western New England Bancorp (NASDAQ:WNEB) Is Due To Pay A Dividend Of US$0.05

Increases to CEO Compensation Might Be Put On Hold For Now at Western New England Bancorp, Inc. (NASDAQ:WNEB)

May 05
Increases to CEO Compensation Might Be Put On Hold For Now at Western New England Bancorp, Inc. (NASDAQ:WNEB)

Results: Western New England Bancorp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Apr 29
Results: Western New England Bancorp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Western New England declares $0.05 dividend

Apr 27

This Insider Has Just Sold Shares In Western New England Bancorp, Inc. (NASDAQ:WNEB)

Mar 20
This Insider Has Just Sold Shares In Western New England Bancorp, Inc. (NASDAQ:WNEB)

Western New England Bancorp's(NASDAQ:WNEB) Share Price Is Down 21% Over The Past Three Years.

Mar 02
Western New England Bancorp's(NASDAQ:WNEB) Share Price Is Down 21% Over The Past Three Years.

Is It Smart To Buy Western New England Bancorp, Inc. (NASDAQ:WNEB) Before It Goes Ex-Dividend?

Feb 04
Is It Smart To Buy Western New England Bancorp, Inc. (NASDAQ:WNEB) Before It Goes Ex-Dividend?

Shareholder Returns

WNEBUS BanksUS Market
7D-4.4%1.9%-3.2%
1Y-16.8%25.1%19.3%

Return vs Industry: WNEB underperformed the US Banks industry which returned 25.1% over the past year.

Return vs Market: WNEB underperformed the US Market which returned 19.3% over the past year.

Price Volatility

Is WNEB's price volatile compared to industry and market?
WNEB volatility
WNEB Average Weekly Movement4.3%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: WNEB's share price has been volatile over the past 3 months.

Volatility Over Time: WNEB'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?
WNEB fundamental statistics
Market capUS$134.27m
Earnings (TTM)US$15.07m
Revenue (TTM)US$78.30m

8.9x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WNEB income statement (TTM)
RevenueUS$78.30m
Cost of RevenueUS$0
Gross ProfitUS$78.30m
Other ExpensesUS$63.23m
EarningsUS$15.07m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.70
Gross Margin100.00%
Net Profit Margin19.24%
Debt/Equity Ratio68.1%

How did WNEB perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

40%

Payout Ratio
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