Western New England Bancorp Inc

Company Profile

Western New England Bancorp Inc had its IPO on 2002-05-02 under the ticker symbol WNEB.

The company operates in the Financial Services sector and Banks-Regional industry. Western New England Bancorp Inc has a staff strength of 289 employees.

Stock update

Shares of Western New England Bancorp Inc opened at $6.34 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.24 - $6.46, and closed at $6.39.

This is a +1.91% increase from the previous day's closing price.

A total volume of 19,183 shares were traded at the close of the day’s session.

In the last one week, shares of Western New England Bancorp Inc have slipped by -0.31%.

Western New England Bancorp Inc's Key Ratios

Western New England Bancorp Inc has a market cap of $138.46 million, indicating a price to book ratio of 0.969 and a price to sales ratio of 2.3276.

In the last 12-months Western New England Bancorp Inc’s revenue was $89.59 million with a gross profit of $91.86 million and an EBITDA of $0. The EBITDA ratio measures Western New England Bancorp Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Western New England Bancorp Inc’s operating margin was 36.97% while its return on assets stood at 0.9% with a return of equity of 10.28%.

In Q2, Western New England Bancorp Inc’s quarterly earnings growth was a negative -48.9% while revenue growth was a negative 12.2%.

Western New England Bancorp Inc’s PE and PEG Ratio

Forward PE

8.4459

Trailing PE

5.9151

PEG

1.63

Its diluted EPS in the last 12-months stands at $1.06 per share while it has a forward price to earnings multiple of 8.4459 and a PEG multiple of 1.63. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Western New England Bancorp Inc’s profitability.

Western New England Bancorp Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.3276.

Western New England Bancorp Inc stock pays annual dividends of $0.27 per share, indicating a yield of 4.47% and a payout ratio of 25.23%.

Balance sheet and cash flow metrics

Total Assets

$2.56 billion

Total Liabilities

$7.19 million

Operating Cash Flow

$7.48 million

Capital Expenditure

$799000

Dividend Payout Ratio

25.23%

Western New England Bancorp Inc ended 2023 with $2.56 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.56 billion while shareholder equity stood at $234.00 million.

Western New England Bancorp Inc ended 2023 with $0 in deferred long-term liabilities, $7.19 million in other current liabilities, 221000.00 in common stock, $133.00 million in retained earnings and $12.49 million in goodwill. Its cash balance stood at $31.69 million and cash and short-term investments were $173.17 million. The company’s total short-term debt was $7,190,000 while long-term debt stood at $140.87 million.

Western New England Bancorp Inc’s total current assets stands at $173.17 million while long-term investments were $364.38 million and short-term investments were $141.48 million. Its net receivables were $7.81 million compared to accounts payable of $0 and inventory worth $0.

In 2023, Western New England Bancorp Inc's operating cash flow was $7.48 million while its capital expenditure stood at $799000.

Comparatively, Western New England Bancorp Inc paid $0.25 in dividends in 2023.

Other key metrics

Current Trading Price

$6.39

52-Week High

$9.9742

52-Week Low

$5.5207

Analyst Target Price

$7.83

Western New England Bancorp Inc stock is currently trading at $6.39 per share. It touched a 52-week high of $9.9742 and a 52-week low of $9.9742. Analysts tracking the stock have a 12-month average target price of $7.83.

Its 50-day moving average was $6.27 and 200-day moving average was $7.62 The short ratio stood at 0.84 indicating a short percent outstanding of 0%.

Around 1207.4% of the company’s stock are held by insiders while 5428.9% are held by institutions.