Seaport Res Ptn Brokers Decrease Earnings Estimates for WNEB

Western New England Bancorp, Inc. (NASDAQ:WNEB) – Investment analysts at Seaport Res Ptn dropped their Q2 2025 earnings per share estimates for shares of Western New England Bancorp in a report issued on Tuesday, April 29th. Seaport Res Ptn analyst L. Hunsicker now forecasts that the financial services provider will post earnings per share of $0.15 for the quarter, down from their previous estimate 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 analysts’ consensus estimates of $0.12 by ($0.01). The company had revenue of $28.44 million for the quarter, compared to the consensus estimate of $15.58 million. Western New England Bancorp had a net margin of 9.51% and a return on equity of 4.91%.

Western New England Bancorp Stock Up 3.6 %

NASDAQ:WNEB opened at $9.57 on Friday. The company’s 50-day simple moving average is $8.96 and its 200-day simple moving average is $9.08. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.95 and a current ratio of 0.95. Western New England Bancorp has a fifty-two week low of $6.09 and a fifty-two week high of $10.08. The stock has a market capitalization of $199.16 million, a P/E ratio of 17.09 and a beta of 0.57.

Western New England Bancorp Announces Dividend

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

Institutional Trading of Western New England Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Millennium Management LLC grew its stake in Western New England Bancorp by 2.2% during the 4th quarter. Millennium Management LLC now owns 129,892 shares of the financial services provider’s stock worth $1,195,000 after buying an additional 2,735 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of 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 acquiring an additional 3,100 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Western New England Bancorp by 5.1% during the fourth quarter. Empowered Funds LLC now owns 83,595 shares of the financial services provider’s stock worth $769,000 after acquiring an additional 4,050 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Western New England Bancorp by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,495,233 shares of the financial services provider’s stock valued at $13,756,000 after acquiring an additional 5,560 shares in the last quarter. Finally, Cubist Systematic Strategies LLC raised its position in shares of Western New England Bancorp by 483.3% in the 4th quarter. Cubist Systematic Strategies LLC now owns 7,314 shares of the financial services provider’s stock valued at $67,000 after purchasing an additional 6,060 shares during the last quarter. Hedge funds and other institutional investors 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.