Wellesley Bancorp, Inc. (WEBK) Set to Announce Earnings on Wednesday
Wellesley Bancorp (NASDAQ:WEBK) last issued its earnings results on Thursday, July 27th. The bank reported $0.38 earnings per share (EPS) for the quarter. Wellesley Bancorp had a net margin of 11.82% and a return on equity of 5.87%. The company had revenue of $5.98 million for the quarter.
Wellesley Bancorp, Inc. (NASDAQ:WEBK) opened at 26.75 on Wednesday. Wellesley Bancorp, Inc. has a one year low of $22.60 and a one year high of $28.25. The company has a market capitalization of $63.32 million and a PE ratio of 19.65. The firm’s 50-day moving average is $26.63 and its 200 day moving average is $26.81.
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, September 1st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.75%.
In related news, VP Eloise C. Thibault sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $25.15, for a total transaction of $25,150.00. Following the sale, the vice president now directly owns 1,000 shares in the company, valued at $25,150. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
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Wellesley Bancorp Company Profile
Wellesley Bancorp, Inc is the holding company for Wellesley Bank (the Bank). The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses. It attracts deposits from the general public and uses those funds to originate residential mortgage loans, commercial real estate loans and construction loans, and, to a lesser extent, commercial business loans, home equity lines of credit and other consumer loans.
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