Seaport Res Ptn Issues Pessimistic Outlook for WNEB Earnings

Western New England Bancorp, Inc. (NASDAQ:WNEB) – Research analysts at Seaport Res Ptn lowered their Q2 2025 EPS estimates for Western New England Bancorp in a report released on Tuesday, April 29th. Seaport Res Ptn analyst L. Hunsicker now expects that the financial services provider will post earnings per share of $0.15 for the quarter, down from their previous forecast of $0.16. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Western New England Bancorp’s current full-year earnings is $0.60 per share. Seaport Res Ptn also issued estimates for Western New England Bancorp’s FY2025 earnings at $0.64 EPS.

Western New England Bancorp (NASDAQ:WNEB) last issued its quarterly earnings data 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 4.91% and a net margin of 9.51%. The company had revenue of $28.44 million for the quarter, compared to analysts’ expectations of $15.58 million.

Western New England Bancorp Stock Up 3.6 %

WNEB opened at $9.57 on Friday. The business has a 50 day moving average price of $8.96 and a two-hundred day moving average price of $9.08. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.62. Western New England Bancorp has a 52 week low of $6.09 and a 52 week high of $10.08. The company has a market cap of $199.16 million, a PE ratio of 17.09 and a beta of 0.74.

Western New England Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, May 7th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, May 7th. This represents a $0.28 annualized dividend and a dividend yield of 2.93%. Western New England Bancorp’s dividend payout ratio (DPR) is presently 52.83%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Cubist Systematic Strategies LLC increased its holdings in Western New England Bancorp by 483.3% in the fourth quarter. Cubist Systematic Strategies LLC now owns 7,314 shares of the financial services provider’s stock valued at $67,000 after buying an additional 6,060 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Western New England Bancorp in the 4th quarter valued at approximately $108,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Western New England Bancorp during the 4th quarter valued at approximately $120,000. Janney Montgomery Scott LLC lifted its stake in Western New England Bancorp by 28.0% during the first quarter. Janney Montgomery Scott LLC now owns 14,180 shares of the financial services provider’s stock worth $132,000 after purchasing an additional 3,100 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Western New England Bancorp in the fourth quarter worth $209,000. Institutional investors and hedge funds own 67.95% of the company’s stock.

About Western New England Bancorp

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.