Western New England Bancorp, Inc. (NASDAQ:WNEB – Free Report) – Stock analysts at Seaport Res Ptn increased their Q1 2025 earnings estimates for shares of Western New England Bancorp in a research note issued on Wednesday, January 29th. Seaport Res Ptn analyst L. Hunsicker now expects that the financial services provider will post earnings of $0.12 per share for the quarter, up from their prior forecast of $0.11. 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 $0.52 per share. Seaport Res Ptn also issued estimates for Western New England Bancorp’s Q2 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.18 EPS and Q4 2025 earnings at $0.20 EPS.
Western New England Bancorp (NASDAQ:WNEB – Get Free Report) last released its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. Western New England Bancorp had a return on equity of 4.58% and a net margin of 9.05%. During the same quarter last year, the business posted $0.12 EPS.
Western New England Bancorp Stock Up 1.1 %
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Fourthstone LLC grew its stake in Western New England Bancorp by 372.5% in the 3rd quarter. Fourthstone LLC now owns 769,807 shares of the financial services provider’s stock worth $6,543,000 after buying an additional 606,897 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in Western New England Bancorp by 48.8% in the third quarter. Assenagon Asset Management S.A. now owns 49,236 shares of the financial services provider’s stock valued at $419,000 after acquiring an additional 16,158 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Western New England Bancorp by 16.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 82,605 shares of the financial services provider’s stock valued at $702,000 after purchasing an additional 11,936 shares in the last quarter. Barclays PLC lifted its stake in Western New England Bancorp by 23.8% during the third quarter. Barclays PLC now owns 44,422 shares of the financial services provider’s stock worth $378,000 after purchasing an additional 8,532 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Western New England Bancorp by 5.1% in the 4th quarter. Empowered Funds LLC now owns 83,595 shares of the financial services provider’s stock worth $769,000 after purchasing an additional 4,050 shares in the last quarter. 67.95% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Western New England Bancorp
In other news, SVP Darlene M. Libiszewski sold 5,000 shares of Western New England Bancorp stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $9.18, for a total transaction of $45,900.00. Following the completion of the sale, the senior vice president now owns 16,020 shares in the company, valued at approximately $147,063.60. This trade represents a 23.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 5.80% of the company’s stock.
Western New England Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 2.98%. The ex-dividend date of this dividend is Wednesday, February 12th. Western New England Bancorp’s dividend payout ratio is presently 53.85%.
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.
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