Western New England Bancorp Inc

Chart & Performance

D1W1MN

P/E

12.82

P/S

2.47

EPS

0.72

Div Yield, %

3.14%

Shrs. gr., 5y

-5.73%

Rev. gr., 5y

3.28%

Revenues

78m

-14.77%

Net income

15m

-41.79%

CFO

15m

-59.07%

Dividend

Aug 07, 20240.07 USD/sh

Earnings

Jan 21, 2025

Profile

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, equipment financing and term, home equity, and consumer loans; commercial and industrial loans, such as revolving 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. As of December 31, 2021, it operated through a network of 25 banking offices, 23 free-standing ATMs, and 35 seasonal or temporary ATMS located in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Huntington, Ludlow, South Hadley, Southwick, Springfield, Ware, West Springfield and Westfield, Massachusetts and Bloomfield, Enfield, Granby, and West Hartford, Connecticut. 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.

URL

https://wneb.q4ir.com/

IPO date

Dec 28, 2001

Employees

289

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	78,299 -14.77%	91,864 6.68%	86,111 30.66%
Cost of revenue	35,030	7,009	6,380
Unusual Expense (Income)
NOPBT	43,269	84,855	79,731
NOPBT Margin	55.26%	92.37%	92.59%
Operating Taxes	4,516	8,742	8,025
Tax Rate	10.44%	10.30%	10.07%
NOPAT	38,753	76,113	71,706
Net income	15,068 -41.79%	25,887 9.23%	23,699 111.32%
Dividends	(6,066)	(5,281)	(4,677)
Dividend yield	3.12%	2.54%	2.29%
Proceeds from repurchase of equity	(5,022)	(5,180)	210,428
BB yield	2.58%	2.50%	-103.09%
Debt
Debt current	16,100	41,350	1,445
Long-term debt	147,355	28,885	29,805
Deferred revenue		(4,438)	18,064
Other long-term liabilities	2,186,804	2,262,806	(22,286)
Net debt	119,953	(490,506)	(695,078)
Cash flow
Cash from operating activities	14,773	36,089	27,542
CAPEX	(2,902)	(1,143)	(3,457)
Cash from investing activities	(13,706)	(111,193)	(161,657)
Cash from financing activities	(2,569)	1,990	150,127
FCF	5,302	(404,118)	213,193
Balance
Cash	28,840	177,339	297,808
Long term investments	14,662	383,402	428,520
Excess cash	39,587	556,148	722,022
Stockholders' equity	111,961	103,162	95,289
Invested Capital	2,541,084	2,445,550	1,651,891
ROIC	1.55%	3.72%	4.35%
ROCE	1.68%	3.32%	4.55%
EV
Common stock shares outstanding	21,610	21,938	23,301
Price	9.00 -4.86%	9.46 7.99%	8.76 27.14%
Market cap	194,493 -6.28%	207,537 1.68%	204,114 18.20%
EV	314,446	(282,969)	(490,964)
EBITDA	45,863	87,542	82,427
EV/EBITDA	6.86
Interest	33,209	6,696	6,672
Interest/NOPBT	76.75%	7.89%	8.37%