Western New England Bancorp Inc (WNEB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Western New England Bancorp Inc through its subsidiaries provides banking products and services offering deposit products and makes mortgage loans for the construction, purchase, and refinancing of residential and commercial real estate. Western New England Bancorp Inc has a market cap of $329.250 million; its shares were traded at around $10.80 with a P/E ratio of 26.34 and P/S ratio of 4.81. The dividend yield of Western New England Bancorp Inc stocks is 1.20%. Western New England Bancorp Inc had annual average EBITDA growth of 6.40% over the past ten years.
For the last quarter Western New England Bancorp Inc reported a revenue of $17.3 million, compared with the revenue of $15.11 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $67.9 million, an increase of 56.9% from last year. For the last five years Western New England Bancorp Inc had an average revenue growth rate of 11.4% a year.
The reported diluted earnings per share was 41 cents for the year, an increase of 70.8% from previous year. Over the last five years Western New England Bancorp Inc had an EPS growth rate of 3.5% a year. The Western New England Bancorp Inc enjoyed an operating margin of 32.03%, compared with the operating margin of 17.1% a year before. The 10-year historical median operating margin of Western New England Bancorp Inc is 22.05%. The profitability rank of the company is 5 (out of 10).
At the end of the fiscal year, Western New England Bancorp Inc has the cash and cash equivalents of $27.1 million, compared with $65.8 million in the previous year. The long term debt was $164.8 million, compared with $124.8 million in the previous year. The interest coverage to the debt is 1.5, which is not a favorable level. Western New England Bancorp Inc has a financial strength rank of 3 (out of 10).
At the current stock price of $10.80, Western New England Bancorp Inc is traded at close to its historical median P/S valuation band of $11.67. The P/S ratio of the stock is 4.81, while the historical median P/S ratio is 5.22. The stock gained 4.10% during the past 12 months.
Directors and Officers Recent Trades:
- SVP, Retail Banking/Operations Cidalia Inacio sold 12,125 shares of WNEB stock on 03/09/2018 at the average price of $10.69. The price of the stock has increased by 1.03% since.
- EVP & Chief Lending Officer Allen J Miles Iii sold 2,500 shares of WNEB stock on 03/02/2018 at the average price of $10.25. The price of the stock has increased by 5.37% since.
For the complete 20-year historical financial data of WNEB, click here.
