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Western New England Bancorp, Inc. (WNEB)

NASDAQ: WNEB · IEX Real-Time Price · USD
8.83 -0.12 (-1.34%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap206.55M
Revenue (ttm)78.57M
Net Income (ttm)18.56M
Shares Out23.72M
EPS (ttm)0.76
PE Ratio11.65
Forward PE11.25
Dividend$0.20 (2.27%)
Ex-Dividend DateAug 10, 2021
Volume54,961
Open9.01
Previous Close8.95
Day's Range8.51 - 9.04
52-Week Range5.36 - 9.13
Beta0.35
AnalystsBuy
Price Target9.88 (+11.9%)
Est. Earnings DateOct 26, 2021

About WNEB

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 checking, business and municipal savings, money market and business sweep, individual retirement, and other savings accounts; time deposits; term certificates of deposit; and interest on lawyers trust accounts. It also offers residential and commercial real estate, commercial construction, working ca...

IndustryThrifts & Mortgage Finance
Founded1853
CEOJames Hagan
Employees298
Stock ExchangeNASDAQ
Ticker SymbolWNEB
Full Company Profile

Financial Performance

In 2020, WNEB's revenue was $65.91 million, an increase of 1.38% compared to the previous year's $65.01 million. Earnings were $11.22 million, a decrease of -15.99%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for WNEB stock is "Buy." The 12-month stock price forecast is 9.88, which is an increase of 11.89% from the latest price.

Price Target
$9.88
(11.89% upside)
Analyst Consensus: Buy

News

Western New England Bancorp (WNEB) Sees Hammer Chart Pattern: Time to Buy?

Western New England Bancorp (WNEB) has been struggling lately, but the selling pressure may be coming to an end soon.

1 month ago - Zacks Investment Research

Western New England Bancorp (WNEB) Tops Q2 Earnings Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of 14.29% and -1.88%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Western New England Bancorp, Inc. Reports Results For Three and Six Months Ended June 30, 2021 and Declares Quarterly...

WESTFIELD, Mass., July 27, 2021 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the...

2 months ago - GlobeNewsWire

Western New England Bancorp (WNEB) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Western New England Bancorp (WNEB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Western New England Bancorp, Inc. Announces Completion of 2020 Repurchase Plan

WESTFIELD, Mass., May 25, 2021 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced the comple...

4 months ago - GlobeNewsWire

Looking for a Growth Stock? 3 Reasons Why Western New England Bancorp (WNEB) is a Solid Choice

Western New England Bancorp (WNEB) could produce exceptional returns because of its solid growth attributes.

5 months ago - Zacks Investment Research

Western New England Bancorp (WNEB) Q1 Earnings and Revenues Surpass Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of 41.18% and 4.37%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Western New England Bancorp, Inc. Reports Results for Three Months Ended March 31, 2021 and Declares Quarterly Cash D...

The Company Also Announces a New Share Repurchase Plan and Completion of a $20 Million Private Placement of Subordinated Debt The Company Also Announces a New Share Repurchase Plan and Completion of a $...

5 months ago - GlobeNewsWire

Western New England Bancorp, Inc. Announces Closing of $20 Million of Fixed-to-Floating Rate Subordinated Notes

WESTFIELD, Mass., April 20, 2021 (GLOBE NEWSWIRE) -- Western New England Bancorp. Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced that it ...

5 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fi...

New York, New York--(Newsfile Corp. - April 2, 2021) - Levi & Korsinsky announces it has commenced an investigation of Western New England Bancorp, Inc. (NASDAQ: WNEB) concerning possible breaches of fi...

6 months ago - Newsfile Corp

Western New England Bancorp (WNEB) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in Western New England Bancorp (WNEB).

7 months ago - Zacks Investment Research

A Trio of Fast Growing Earnings Stocks

The S&P 500 saw its trailing 12-month real earnings per share increase by approximately 1.32% on average every year over the past five years. The index's share price ($3,909.88 as of Wednesday) has clim...

Other symbols:CSWIMIXT
8 months ago - GuruFocus

Western New England Bancorp (WNEB) Q4 Earnings and Revenues Surpass Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of 100.00% and 13.67%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the...

8 months ago - Zacks Investment Research

Western New England Bancorp, Inc. Reports Results for Three Months and Year Ended December 31, 2020 and Declares Quar...

WESTFIELD, Mass., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the...

8 months ago - GlobeNewsWire

Western New England Bancorp (WNEB) Q3 Earnings Lag Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of -20.00% and 0.37%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the...

11 months ago - Zacks Investment Research

Western New England Bancorp, Inc. Reports Results for Three and Nine Months Ended September 30, 2020, Declares Quarte...

WESTFIELD, Mass., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the...

11 months ago - GlobeNewsWire

Earnings Preview: Western New England Bancorp (WNEB) Q3 Earnings Expected to Decline

Western New England Bancorp (WNEB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

Western New England Bancorp, Inc. Announces Completion of 2019 Repurchase Plan

WESTFIELD, Mass., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced that the ...

11 months ago - GlobeNewsWire

Election of Lisa G. McMahon as Chairperson of Western New England Bancorp Board of Directors Highlights Board’s Commi...

Westfield, Massachusetts Resident is First Woman Board Chair in Western New England Bancorp History Westfield, Massachusetts Resident is First Woman Board Chair in Western New England Bancorp History

1 year ago - GlobeNewsWire

Western New England Bancorp: A Strong Book Value But Profitability Is Under Pressure

Western New England Bancorp: A Strong Book Value But Profitability Is Under Pressure

1 year ago - Seeking Alpha

Western New England Bancorp (WNEB) Surpasses Q2 Earnings Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of 33.33% and -3.49%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Western New England Bancorp, Inc. Reports Results for Three and Six Months Ended June 30, 2020 and Declares Quarterly...

WESTFIELD, Mass., July 28, 2020 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today t...

1 year ago - GlobeNewsWire

Analysts Estimate Western New England Bancorp (WNEB) to Report a Decline in Earnings: What to Look Out for

Western New England Bancorp (WNEB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

Is Western New England (WNEB) a Good Pick for Value Investors?

Let's see if Western New England (WNEB) stock is a good choice for value-oriented investors right now from multiple angles.

1 year ago - Zacks Investment Research

Western New England Bancorp (WNEB) Q1 Earnings and Revenues Lag Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of -33.33% and -1.28%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the st...

1 year ago - Zacks Investment Research