Western New England Bancorp Inc (WNEB) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 12, 2020
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Western New England Bancorp Inc (WNEB, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. 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 $158.550 million; its shares were traded at around $5.97 with a P/E ratio of 11.94 and P/S ratio of 2.38. The dividend yield of Western New England Bancorp Inc stocks is 3.35%. GuruFocus has detected 2 severe warning signs with Western New England Bancorp Inc. .

For the last quarter Western New England Bancorp Inc reported a revenue of $17.3 million, compared with the revenue of $17.06 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $67.7 million, a decrease of 2.3% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Western New England Bancorp Inc had an average revenue growth rate of 16.9% a year.

The reported diluted earnings per share was 51 cents for the year, a decline of 10.5% from the previous year. Over the last five years Western New England Bancorp Inc had an EPS growth rate of 12.8% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Western New England Bancorp Inc has the cash and cash equivalents of $24.7 million, compared with $25.5 million in the previous year. The long term debt was $205.5 million, compared with $208.0 million in the previous year. Western New England Bancorp Inc has a financial strength rank of 2 (out of 10).

At the current stock price of $5.97, Western New England Bancorp Inc is traded at 47.4% discount to its historical median P/S valuation band of $11.36. The P/S ratio of the stock is 2.38, while the historical median P/S ratio is 4.54. The stock lost 31.66% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Christos A Tapases bought 500 shares of WNEB stock on 03/02/2020 at the average price of $8.95. The price of the stock has decreased by 33.3% since.
  • Director Laura Benoit bought 115 shares of WNEB stock on 02/28/2020 at the average price of $8.9. The price of the stock has decreased by 32.92% since.

For the complete 20-year historical financial data of WNEB, click here.