Western New England Bancorp (WNEB) to Release Quarterly Earnings on Tuesday

Western New England Bancorp (NASDAQ:WNEBGet Free Report) is expected to release its Q2 2025 earnings data before the market opens on Tuesday, July 22nd. Analysts expect Western New England Bancorp to post earnings of $0.14 per share and revenue of $16.35 million for the quarter.

Western New England Bancorp (NASDAQ:WNEBGet Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). Western New England Bancorp had a return on equity of 4.63% and a net margin of 8.83%. The business had revenue of $28.44 million during the quarter, compared to analyst estimates of $15.58 million. On average, analysts expect Western New England Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Western New England Bancorp Trading Up 1.4%

Western New England Bancorp stock opened at $9.91 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.50. Western New England Bancorp has a 12 month low of $7.25 and a 12 month high of $10.09. The stock’s 50 day simple moving average is $9.36 and its two-hundred day simple moving average is $9.17. The firm has a market cap of $205.24 million, a PE ratio of 18.70 and a beta of 0.75.

Western New England Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, May 7th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.83%. Western New England Bancorp’s dividend payout ratio (DPR) is 52.83%.

Institutional Trading of Western New England Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cubist Systematic Strategies LLC grew its holdings in shares of Western New England Bancorp by 141.6% in the first quarter. Cubist Systematic Strategies LLC now owns 17,672 shares of the financial services provider’s stock valued at $164,000 after purchasing an additional 10,358 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Western New England Bancorp by 190.1% in the 1st quarter. Jane Street Group LLC now owns 80,657 shares of the financial services provider’s stock valued at $750,000 after buying an additional 52,858 shares during the period. Empowered Funds LLC lifted its stake in Western New England Bancorp by 7.0% during the first quarter. Empowered Funds LLC now owns 89,478 shares of the financial services provider’s stock worth $832,000 after purchasing an additional 5,883 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Western New England Bancorp by 36.5% during the first quarter. Goldman Sachs Group Inc. now owns 92,006 shares of the financial services provider’s stock worth $856,000 after purchasing an additional 24,597 shares during the last quarter. 67.95% of the stock is owned by institutional investors and hedge funds.

About Western New England Bancorp

(Get Free Report)

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.

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Earnings History for Western New England Bancorp (NASDAQ:WNEB)

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