WNEB - Western New England Bancorp Inc Stock Price, Fair Value and News

6.75USD+0.13 (+1.96%)Market Closed

Market Summary

USD6.75+0.13

Market Closed

1.96%

WNEB Stock Price

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WNEB RSI Chart

WNEB Valuation

Market Cap

145.8M

Price/Earnings (Trailing)

11.46

Price/Sales (Trailing)

1.4

EV/EBITDA

1.52

Price/Free Cashflow

7.66

WNEB Price/Sales (Trailing)

WNEB Profitability

EBT Margin

15.75%

Return on Equity

5.4%

Return on Assets

0.5%

Free Cashflow Yield

13.05%

WNEB Fundamentals

WNEB Revenue

Revenue (TTM)

104.1M

Rev. Growth (Yr)

12.55%

Rev. Growth (Qtr)

-0.62%

WNEB Earnings

Earnings (TTM)

12.7M

Earnings Growth (Yr)

-44.17%

Earnings Growth (Qtr)

17.92%

Breaking Down WNEB Revenue

Last 7 days

3.7%

Last 30 days

1.7%

Last 90 days

-18.3%

Trailing 12 Months

15.4%

How does WNEB drawdown profile look like?

WNEB Financial Health

Debt/Equity

0.18

Debt/Cashflow

0.51

WNEB Investor Care

Dividend Yield

4.15%

Dividend/Share (TTM)

0.28

Buy Backs (1Y)

2.62%

Diluted EPS (TTM)

0.6

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	104.1M	0	0	0
2023	89.6M	93.8M	97.9M	101.1M
2022	79.8M	80.8M	82.3M	85.9M
2021	82.5M	81.8M	81.6M	79.8M
2020	82.4M	82.6M	82.2M	82.9M
2019	70.3M	74.7M	75.9M	82.1M
2018	63.6M	64.7M	69.6M	69.0M
2017	43.6M	50.3M	56.8M	59.4M
2016	32.3M	32.6M	32.7M	37.3M
2015	31.0M	31.1M	31.4M	31.7M
2014	35.9M	33.3M	30.8M	31.1M
2013	33.4M	35.9M	38.5M	38.5M
2012	30.3M	30.3M	30.4M	30.4M
2011	41.8M	38.0M	34.0M	30.5M
2010	0	50.4M	48.3M	46.1M
2009	0	0	0	52.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Western New England Bancorp Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	benoit laura	acquired	1,979	6.47	306	-
May 02, 2024	fitzgerald gary g	acquired	2,898	6.47	448	-
May 02, 2024	mcmahon lisa g	acquired	3,616	6.47	559	-
May 02, 2024	picknelly paul c	acquired	7,873	6.47	1,217	-
May 02, 2024	orlen gregg f	acquired	3,998	6.47	618	-
May 02, 2024	richter steven g.	acquired	6,088	6.47	941	-
May 02, 2024	masse william d	acquired	4,386	6.47	678	-
May 02, 2024	damon donna j.	acquired	3,493	6.47	540	-
Apr 30, 2024	goncalves filipe b	bought	3,012	6.025	500	svp & cco
Mar 07, 2024	smith philip r	acquired	-	-	2,384	-

Which funds bought or sold WNEB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Cubist Systematic Strategies, LLC	added	47.33	21,938	107,771	-%
May 15, 2024	HSBC HOLDINGS PLC	unchanged	-	-37,775	221,172	-%
May 15, 2024	FIRST MANHATTAN CO. LLC.	unchanged	-	-20,639	119,023	-%
May 15, 2024	AMERIPRISE FINANCIAL INC	added	5.59	-776,713	6,982,900	-%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	unchanged	-	-79,000	458,000	-%
May 15, 2024	STATE STREET CORP	reduced	-8.48	-165,826	587,798	-%
May 15, 2024	MORGAN STANLEY	added	11.84	-19,286	392,026	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-10.69	-249,723	795,762	-%
May 15, 2024	BARCLAYS PLC	reduced	-17.04	-186,000	449,000	-%
May 15, 2024	Strategic Value Bank Partners LLC	unchanged	-	-1,544,900	8,909,280	5.82%

Are Funds Buying or Selling WNEB?

Are funds buying WNEB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WNEB

No. of Funds

Unveiling Western New England Bancorp Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 07, 2024	blackrock inc.	4.9%	1,063,046	SC 13G/A
Feb 14, 2024	strategic value investors lp	5.3%	1,161,575	SC 13G/A
Feb 13, 2024	renaissance technologies llc	5.55%	1,201,517	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	7.5%	1,628,892	SC 13G/A
Feb 07, 2024	western new england bancorp, inc.	7.1%	1,542,798	SC 13G/A
Jan 31, 2024	blackrock inc.	5.1%	1,114,992	SC 13G
Feb 13, 2023	renaissance technologies llc	5.82%	1,292,444	SC 13G/A
Feb 10, 2023	western new england bancorp, inc.	7.1%	1,584,338	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.5%	1,875,946	SC 13G/A
Jan 31, 2023	strategic value bank partners llc	5.2%	1,161,575	SC 13G/A

Recent SEC filings of Western New England Bancorp Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	8-K	Current Report
May 09, 2024	8-K	Current Report
May 07, 2024	10-Q	Quarterly Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to Western New England Bancorp Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	580.6B	174.7B	10.55%	50.52%	11.53	3.32	53.11%	19.83%
BAC	304.4B	137.9B	8.26%	42.25%	12.16	2.21	56.12%	-12.56%
WFC	217.3B	85.8B	9.39%	62.33%	11.58	2.53	35.02%	26.14%
C	122.5B	125.0B	9.68%	41.85%	15.33	0.98	37.85%	-
CFG	16.8B	10.4B	11.70%	47.15%	11.72	1.61	26.22%	-33.87%
KEY	14.7B	8.1B	7.90%	66.17%	16.8	1.8	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	8.52%	62.72%	10.53	1.72	34.68%	-45.96%
ZION	6.7B	4.1B	11.66%	93.23%	10.59	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	11.39%	71.61%	12.26	2.64	30.60%	-12.99%
ASB	3.4B	2.0B	11.00%	55.39%	21.08	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	410.6M	173.1M	11.64%	37.59%	14.07	2.37	26.54%	-34.86%
ALRS	390.2M	152.4M	-1.20%	38.83%	39.25	2.56	16.94%	-73.84%
ACNB	288.6M	98.7M	3.06%	15.69%	9.81	2.92	6.27%	-22.90%
ASRV	47.0M	62.5M	18.70%	-3.87%	-15.89	0.75	18.83%	-145.18%

Western New England Bancorp Inc News

Latest updates

Western New England Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.6%	27.00	27.00	26.00	25.00	24.00	24.00	22.00	21.00	20.00	20.00	20.00	20.00	20.00	22.00	20.00	20.00	20.00	21.00	21.00	20.00	20.00
EBITDA Margin	-9.9%	0.78*	0.87*	1.03*	1.14*	1.27*	1.33*	1.31*	1.32*	1.32*	1.31*	1.27*	1.16*	-	-	-	-	-	-	-	-	-
Interest Expenses	-5.1%	15.00	16.00	16.00	17.00	19.00	21.00	20.00	19.00	19.00	19.00	19.00	18.00	18.00	19.00	16.00	15.00	15.00	15.00	15.00	14.00	14.00
Income Taxes	-25.4%	1.00	1.00	1.00	1.00	2.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00
Earnings Before Taxes	4.7%	4.00	4.00	6.00	3.00	7.00	12.00	8.00	7.00	7.00	8.00	8.00	8.00	8.00	6.00	3.00	2.00	3.00	4.00	4.00	4.00	4.00
EBT Margin	-18.7%	0.16*	0.19*	0.29*	0.33*	0.39*	0.40*	0.37*	0.38*	0.39*	0.40*	0.37*	0.30*	-	-	-	-	-	-	-	-	-
Net Income	17.9%	3.00	3.00	4.00	3.00	5.00	9.00	6.00	6.00	5.00	6.00	6.00	6.00	6.00	5.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00
Net Income Margin	-18.0%	0.12*	0.15*	0.22*	0.25*	0.29*	0.30*	0.28*	0.29*	0.29*	0.30*	0.28*	0.23*	-	-	-	-	-	-	-	-	-
Free Cashflow	-103.0%	-0.22	7.00	7.00	4.00	-6.54	16.00	11.00	1.00	7.00	8.00	4.00	2.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.3%	2,557	2,565	2,585	2,562	2,562	2,553	2,579	2,577	2,555	2,538	2,511	2,477	2,464	2,366	2,487	2,435	2,190	2,181	2,174	2,127	2,116
Cash Equivalents	-21.6%	23.00	29.00	62.00	32.00	23.00	30.00	27.00	48.00	63.00	103	148	105	132	87.00	-	-	-	25.00	-	-	-
Net PPE	-2.4%	25.00	26.00	25.00	25.00	24.00	25.00	25.00	25.00	26.00	26.00	25.00	25.00	25.00	25.00	25.00	25.00	24.00	24.00	24.00	24.00	24.00
Goodwill	0%	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00
Liabilities	-0.2%	2,321	2,327	2,354	2,328	2,329	2,325	2,367	2,362	2,336	2,315	2,292	2,253	2,241	2,139	2,257	2,205	1,963	1,949	1,942	1,897	1,888
Short Term Borrowings	-28.8%	11.00	16.00	9.00	7.00	99.00	41.00	22.00	5.00	-	-	-	-	-	-	-	-	-	35.00	-	-	-
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	43.00	58.00	151	188	177	206	206	176	196
Shareholder's Equity	-0.7%	236	237	231	234	233	228	212	215	219	224	218	224	223	227	230	230	228	232	232	230	227
Retained Earnings	1.1%	138	137	136	133	132	128	120	116	111	107	102	97.00	93.00	88.00	85.00	84.00	83.00	82.00	80.00	78.00	76.00
Additional Paid-In Capital	-0.2%	125	125	127	128	129	129	129	131	133	133	135	145	149	155	157	157	157	164	164	165	168
Shares Outstanding	-0.2%	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	23.00	23.00	24.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	129	-	-	-	168	-	-	-	196	-	-	-	148	-	-	-	249,410	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-86.8%	1,172	8,862	7,645	4,244	-5,978	16,906	11,400	1,268	7,196	10,254	5,001	2,536	11,002	7,852	5,379	-217	12,053	-4,051	9,008	3,921	6,501
Share Based Compensation	75.3%	505	288	300	300	529	270	211	292	301	334	362	380	231	262	195	195	182	193	187	198	195
Cashflow From Investing	104.4%	566	-13,005	5,391	7,483	-13,575	26,464	-31,073	-41,061	-66,204	-78,006	6,784	-31,426	-60,260	-21,506	113,811	-205,121	-10,741	-23,466	-26,710	-28,401	30,497
Cashflow From Financing	72.8%	-7,965	-29,284	17,542	-3,268	12,441	-40,141	-727	24,408	18,450	22,712	31,217	2,260	93,938	-71,014	-9,910	241,495	622	6,859	37,413	5,686	-19,305
Dividend Payments	1.3%	1,504	1,484	1,521	1,528	1,533	1,300	1,312	1,332	1,337	1,102	1,148	1,195	1,232	1,246	1,252	1,251	1,288	1,289	1,297	1,313	1,375
Buy Backs	-3.3%	1,834	1,898	1,009	786	1,351	810	1,856	2,510	1,180	1,905	10,218	5,301	5,777	2,275	283	-	8,080	217	1,284	2,397	15,447

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WNEB Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF NET INCOME - UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income:
Residential and commercial real estate loans	$ 20,953	$ 18,252
Commercial and industrial loans	3,205	3,002
Consumer loans	83	75
Debt securities, taxable	2,112	2,076
Debt securities, tax-exempt	1	2
Marketable equity securities	1	71
Other investments	136	106
Short-term investments	113	54
Total interest and dividend income	26,604	23,638
Interest expense:
Deposits	9,293	4,103
Short-term borrowings	283	703
Long-term debt	1,428	74
Subordinated debt	254	254
Total interest expense	11,258	5,134
Net interest and dividend income	15,346	18,504
Reversal of credit losses	(550)	(388)
Net interest and dividend income after reversal of credit losses	15,896	18,892
Non-interest income:
Service charges and fees	2,219	2,187
Income from bank-owned life insurance	453	440
Loss on disposal of premises and equipment	(6)
Net unrealized gain on marketable equity securities	8
Gain on non-marketable equity investments		352
Total non-interest income	2,674	2,979
Non-interest expense:
Salaries and employee benefits	8,244	8,431
Occupancy	1,363	1,348
Furniture and equipment	484	486
Data processing	862	753
Software	699	514
Net ATM network	552	490
Professional fees	569	757
FDIC insurance assessment	410	352
Advertising	349	417
Other expenses	1,250	1,348
Total non-interest expense	14,782	14,896
Income before income taxes	3,788	6,975
Income tax provision	827	1,671
Net income	$ 2,961	$ 5,304
Earnings per common share:
Basic earnings per share	$ 0.14	$ 0.24
Weighted average shares outstanding	21,180,968	21,699,042
Diluted earnings per share	$ 0.14	$ 0.24
Weighted average diluted shares outstanding	21,271,323	21,716,869
Dividends per share	$ 0.07	$ 0.07

WNEB Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 19,244	$ 20,784
Federal funds sold	709	2,991
Interest-bearing deposits and other short-term investments	2,660	5,065
Cash and cash equivalents	22,613	28,840
Available-for-sale securities, at fair value	138,362	137,115
Held-to-maturity securities, at amortized cost (Fair value of $181,679 at March 31, 2024 and $187,692 at December 31, 2023)	221,242	223,370
Marketable equity securities, at fair value	222	196
Federal Home Loan Bank stock and other restricted stock, at cost	3,105	3,707
Loans, net of allowance for credit losses of $19,884 at March 31, 2024 and $20,267 at December 31, 2023	2,005,682	2,007,050
Premises and equipment, net	24,968	25,575
Accrued interest receivable	8,622	8,528
Bank-owned life insurance	75,598	75,145
Deferred tax asset, net	14,278	13,636
Goodwill	12,487	12,487
Core deposit intangible	1,719	1,813
Other assets	28,338	27,109
TOTAL ASSETS	2,557,236	2,564,571
Deposits:
Non-interest-bearing	559,928	579,594
Interest-bearing	1,583,819	1,564,150
Total deposits	2,143,747	2,143,744
Short-term borrowings	11,470	16,100
Long-term debt	120,646	120,646
Subordinated debt	19,722	19,712
Other liabilities	25,855	26,960
TOTAL LIABILITIES	2,321,440	2,327,162
SHAREHOLDERS’ EQUITY:
Preferred stock - $0.01 par value, 5,000,000 shares authorized, none outstanding at March 31, 2024 and December 31, 2023
Common stock - $0.01 par value, 75,000,000 shares authorized, 21,627,690 shares issued and outstanding at March 31, 2024; 21,666,807 shares issued and outstanding at December 31, 2023	216	217
Additional paid-in capital	125,213	125,448
Unearned compensation – ESOP	(2,272)	(2,394)
Unearned compensation - Equity Incentive Plan	(2,174)	(1,111)
Retained earnings	138,450	136,993
Accumulated other comprehensive loss	(23,637)	(21,744)
TOTAL SHAREHOLDERS’ EQUITY	235,796	237,409
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,557,236	$ 2,564,571

About Western New England Bancorp Inc

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. In addition, the company provides automated teller machine (ATM), telephone and online banking, remote deposit capture, cash management, overdraft and safe deposit facility, and night deposit services. The company was formerly known as Westfield Financial, Inc. and changed its name to Western New England Bancorp, Inc. in October 2016. Western New England Bancorp, Inc. was founded in 1853 and is headquartered in Westfield, Massachusetts.

CEO	Mr. James C. Hagan
WEBSITE	westfieldbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	289

Western New England Bancorp Inc Frequently Asked Questions

What is the ticker symbol for Western New England Bancorp Inc? What does WNEB stand for in stocks?

WNEB is the stock ticker symbol of Western New England Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Western New England Bancorp Inc (WNEB)?

As of Wed May 15 2024, market cap of Western New England Bancorp Inc is 145.77 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WNEB stock?

You can check WNEB's fair value in chart for subscribers.

What is the fair value of WNEB stock?

You can check WNEB's fair value in chart for subscribers. The fair value of Western New England Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Western New England Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WNEB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Western New England Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether WNEB is over valued or under valued. Whether Western New England Bancorp Inc is cheap or expensive depends on the assumptions which impact Western New England Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WNEB.

What is Western New England Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, WNEB's PE ratio (Price to Earnings) is 11.46 and Price to Sales (PS) ratio is 1.4. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WNEB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Western New England Bancorp Inc's stock?

In the past 10 years, Western New England Bancorp Inc has provided 0.012 (multiply by 100 for percentage) rate of return.