Western New England Bancorp (Western New England Bancorp) Equity-to-Asset : 0.09 (As of Dec. 2023)

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What is Western New England Bancorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Western New England Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $237.41 Mil. Western New England Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $2,564.57 Mil. Therefore, Western New England Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

The historical rank and industry rank for Western New England Bancorp's Equity-to-Asset or its related term are showing as below:

WNEB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.11 Max: 0.12
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Western New England Bancorp was 0.12. The lowest was 0.09. And the median was 0.11.

WNEB's Equity-to-Asset is ranked better than
50.44% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs WNEB: 0.09

Western New England Bancorp Equity-to-Asset Historical Data

The historical data trend for Western New England Bancorp's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western New England Bancorp Equity-to-Asset Chart

Western New England Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.11

0.10

0.09

Western New England Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.09	0.09	0.09	0.09	0.09

Competitive Comparison of Western New England Bancorp's Equity-to-Asset

For the Banks - Regional subindustry, Western New England Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western New England Bancorp's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Western New England Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Western New England Bancorp's Equity-to-Asset falls into.

Western New England Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Western New England Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	237.409	/	2564.571
	=	0.09

Western New England Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	237.409	/	2564.571
	=	0.09

Western New England Bancorp (NAS:WNEB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Western New England Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Western New England Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Western New England Bancorp (Western New England Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Western New England Bancorp Inc (NAS:WNEB) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

489:Germany

Address

141 Elm Street, Westfield, MA, USA, 01085

Website

https://www.westfieldbank.com

Western New England Bancorp Inc through its bank subsidiary, provides a range of financial services to individuals and companies in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company's revenues, profits, and assets are derived by the Bank from banking products and services.

Executives

Steven G. Richter	director	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01144
Miles Allen J Iii	officer: EVP & Senior Lender	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Filipe B Goncalves	officer: SVP & Associate CCO	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Laura Benoit	director	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
John E Bonini	officer: SVP, General Counsel	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Kevin C O'connor	officer: EVP & Chief Banking Officer	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Guida R Sajdak	officer: EVP & Chief Financial Officer	70 CENTER STREET, CHICOPEE MA 01013
James C Hagan	director, officer: President and CEO	C/O WESTFIELD FINANCIAL INC, 141 ELM STREET, WESTFIELD MA 01085
Daniel A Marini	officer: SVP Retail Banking & Marketing	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Gorman Louis O Iii	officer: SVP & Chief Credit Officer	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Philip R Smith	director	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Darlene M Libiszewski	officer: SVP, Chief Information Officer	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Christine Phillips	officer: SVP, HR Director	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01086
Gregg F Orlen	director	C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013
William D Masse	director	C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013