Western New England Bancorp, Inc. (WNEB)

NASDAQ: WNEB · IEX Real-Time Price · USD
8.95
+0.07 (0.79%)
Aug 12, 2022 10:50 AM EDT - Market open
0.79%
Market Cap 199.66M
Revenue (ttm) 87.18M
Net Income (ttm) 23.23M
Shares Out 22.31M
EPS (ttm) 1.04
PE Ratio 8.61
Forward PE 8.69
Dividend $0.23 (2.57%)
Ex-Dividend Date Aug 9, 2022
Volume 9,032
Open 8.92
Previous Close 8.88
Day's Range 8.88 - 9.00
52-Week Range 7.13 - 9.98
Beta 0.51
Analysts Buy
Price Target 11.22 (+25.4%)
Earnings Date Jul 26, 2022

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 sweep, individual retirement, and other savings accounts; time deposits; certificates of deposit; and interest on lawyers trust accounts. It also offers residential and commercial real estate, commercial construction, working capital, equipme... [Read more...]

Industry Thrifts & Mortgage Finance
Founded 1853
CEO James Hagan
Employees 298
Stock Exchange NASDAQ
Ticker Symbol WNEB
Full Company Profile

Financial Performance

In 2021, WNEB's revenue was $86.67 million, an increase of 31.50% compared to the previous year's $65.91 million. Earnings were $23.70 million, an increase of 111.32%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for WNEB stock is "Buy." The 12-month stock price forecast is 11.22, which is an increase of 25.36% from the latest price.

Price Target
$11.22
(25.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

This is Why Western New England Bancorp (WNEB) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Western New England Bancorp (WNEB) have what it takes?

Best Value Stocks to Buy for July 28th

DLNG, RBB, and WNEB made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 28, 2022.

Other symbols: DLNGRBB

Western New England Bancorp (WNEB) Q2 Earnings Meet Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of 0% and 1.53%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Western New England Bancorp, Inc. Reports Results for Three and Six Months Ended June 30, 2022 and Declares Quarterly...

The Company Also Announces a New 5% Share Repurchase Plan The Company Also Announces a New 5% Share Repurchase Plan

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.

Is Western New England Bancorp (WNEB) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Western New England Bancorp (WNEB) Q1 Earnings Top Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of 4.35% and 0.26%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Western New England Bancorp, Inc. Reports Results for Three Months Ended March 31, 2022 and Declares Quarterly Cash D...

WESTFIELD, Mass., April 26, 2022 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today th...

Western New England Bancorp (WNEB) Upgraded to Strong Buy: Here's Why

Western New England Bancorp (WNEB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Strength Seen in Western New England Bancorp (WNEB): Can Its 7.8% Jump Turn into More Strength?

Western New England Bancorp (WNEB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further ...

Will Western New England Bancorp (WNEB) Gain on Rising Earnings Estimates?

Western New England Bancorp (WNEB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Western New England Bancorp (WNEB) Beats Q4 Earnings and Revenue Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of 21.74% and 5.10%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the s...

Western New England Bancorp, Inc. Reports Results for Three Months and Year Ended December 31, 2021 and Announces 20%...

WESTFIELD, Mass., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the...

Here's What Could Help Western New England Bancorp (WNEB) Maintain Its Recent Price Strength

Western New England Bancorp (WNEB) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that ma...

Western New England Bancorp (WNEB) Upgraded to Buy: What Does It Mean for the Stock?

Western New England Bancorp (WNEB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Western New England Bancorp (WNEB) Q3 Earnings and Revenues Surpass Estimates

Western New England Bancorp (WNEB) delivered earnings and revenue surprises of 28.57% and 8.67%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the ...

Western New England Bancorp, Inc. Reports Results for Three and Nine Months Ended September 30, 2021 and Declares Qua...

WESTFIELD, Mass., Oct. 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...

Western New England Bancorp (WNEB) Earnings Expected to Grow: What to Know Ahead of Q3 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.

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.

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?

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...

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...

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.

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?

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 $...