Western New England Bancorp
Market Cap
US$198.8m
Last Updated
2021/04/12 22:09 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has Western New England Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WNEB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WNEB's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.0%
WNEB
-0.2%
US Mortgage
2.1%
US Market
1 Year Return
47.3%
WNEB
52.8%
US Mortgage
56.3%
US Market
Return vs Industry: WNEB underperformed the US Mortgage industry which returned 52.8% over the past year.
Return vs Market: WNEB underperformed the US Market which returned 56.3% over the past year.
Shareholder returns
| WNEB | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -0.2% | 2.1% |
| 30 Day | -8.1% | -5.9% | 2.4% |
| 90 Day | 22.7% | 8.3% | 6.8% |
| 1 Year | 52.5%47.3% | 57.4%52.8% | 59.1%56.3% |
| 3 Year | -17.5%-23.2% | 36.6%25.5% | 65.7%55.1% |
| 5 Year | 20.7%9.2% | 82.8%57.0% | 122.3%97.7% |
Long-Term Price Volatility Vs. Market
How volatile is Western New England Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
This Insider Has Just Sold Shares In Western New England Bancorp, Inc. (NASDAQ:WNEB)1 month ago | Simply Wall St
Western New England Bancorp's(NASDAQ:WNEB) Share Price Is Down 21% Over The Past Three Years.2 months ago | Simply Wall St
Is It Smart To Buy Western New England Bancorp, Inc. (NASDAQ:WNEB) Before It Goes Ex-Dividend?Valuation
Is Western New England Bancorp undervalued compared to its fair value and its price relative to the market?
18.6x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WNEB ($8.09) is trading above our estimate of fair value ($6.03)
Significantly Below Fair Value: WNEB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WNEB is poor value based on its PE Ratio (18.1x) compared to the US Mortgage industry average (13.8x).
PE vs Market: WNEB is good value based on its PE Ratio (18.1x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: WNEB is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: WNEB is good value based on its PB Ratio (0.9x) compared to the US Mortgage industry average (1x).
Future Growth
How is Western New England Bancorp forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
11.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WNEB's forecast earnings growth (11.8% per year) is above the savings rate (2%).
Earnings vs Market: WNEB's earnings (11.8% per year) are forecast to grow slower than the US market (18.6% per year).
High Growth Earnings: WNEB's earnings are forecast to grow, but not significantly.
Revenue vs Market: WNEB's revenue (2.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: WNEB's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WNEB's Return on Equity is forecast to be low in 3 years time (6.2%).
Past Performance
How has Western New England Bancorp performed over the past 5 years?
13.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WNEB has high quality earnings.
Growing Profit Margin: WNEB's current net profit margins (17%) are lower than last year (20.5%).
Past Earnings Growth Analysis
Earnings Trend: WNEB's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: WNEB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WNEB had negative earnings growth (-15.9%) over the past year, making it difficult to compare to the Mortgage industry average (4.7%).
Return on Equity
High ROE: WNEB's Return on Equity (4.9%) is considered low.
Financial Health
How is Western New England Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WNEB's Assets to Equity ratio (10.4x) is moderate.
Allowance for Bad Loans: WNEB has a sufficient allowance for bad loans (270%).
Low Risk Liabilities: 95% of WNEB's liabilities are made up of primarily low risk sources of funding.
Loan Level: WNEB has an appropriate level of Loans to Assets ratio (81%).
Low Risk Deposits: WNEB's Loans to Deposits ratio (94%) is appropriate.
Level of Bad Loans: WNEB has an appropriate level of bad loans (0.4%).
Dividend
What is Western New England Bancorp current dividend yield, its reliability and sustainability?
2.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WNEB's dividend (2.47%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: WNEB's dividend (2.47%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: WNEB's dividend payments have been volatile in the past 10 years.
Growing Dividend: WNEB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.7%), WNEB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WNEB's dividends in 3 years are forecast to be well covered by earnings (32.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Jim Hagan (59 yo)
12.33yrs
Tenure
US$1,287,056
Compensation
Mr. James C. Hagan, also known as Jim, has been the Chief Executive Officer of Western New England Bancorp, Inc. (formerly Westfield Financial Inc.) and Westfield Bank since December 31, 2008. Mr. Hagan ha...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD1.29M) is above average for companies of similar size in the US market ($USD959.82K).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: WNEB's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: WNEB's board of directors are considered experienced (5.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WNEB insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Western New England Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Western New England Bancorp, Inc.
- Ticker: WNEB
- Exchange: NasdaqGS
- Founded: 1853
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$198.826m
- Shares outstanding: 24.58m
- Website: https://www.westfieldbank.com
Number of Employees
Location
- Western New England Bancorp, Inc.
- 141 Elm Street
- Westfield
- Massachusetts
- 1085
- United States
Listings
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 22:09 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.