Seaport Res Ptn Has Bullish Estimate for WNEB Q1 Earnings

Western New England Bancorp, Inc. (NASDAQ:WNEB) – Equities researchers at Seaport Res Ptn upped their Q1 2025 earnings estimates for Western New England Bancorp in a report released on Wednesday, January 29th. Seaport Res Ptn analyst L. Hunsicker now expects that the financial services provider will earn $0.12 per share for the quarter, up from their previous 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) last posted its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate 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 %

Shares of Western New England Bancorp stock opened at $9.40 on Thursday. 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 52-week low of $6.00 and a 52-week high of $10.08. The company’s 50 day moving average price is $9.21 and its 200-day moving average price is $8.77. The stock has a market capitalization of $197.59 million, a price-to-earnings ratio of 18.08 and a beta of 0.70.

Western New England Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend is Wednesday, February 12th. Western New England Bancorp’s payout ratio is 53.85%.

Insider Activity

In related news, SVP Darlene M. Libiszewski sold 5,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the senior vice president now owns 16,020 shares in the company, valued at $147,063.60. This represents a 23.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 5.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC lifted its position in shares of Western New England Bancorp by 23.8% in the 3rd 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 period. Assenagon Asset Management S.A. lifted its holdings 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 worth $419,000 after buying an additional 16,158 shares during the period. Empowered Funds LLC lifted its holdings in Western New England Bancorp by 5.3% in the third quarter. Empowered Funds LLC now owns 79,545 shares of the financial services provider’s stock worth $676,000 after buying an additional 4,020 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Western New England Bancorp by 16.9% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 82,605 shares of the financial services provider’s stock worth $702,000 after acquiring an additional 11,936 shares during the period. Finally, Fourthstone LLC grew its holdings in shares of Western New England Bancorp by 372.5% during the 3rd quarter. Fourthstone LLC now owns 769,807 shares of the financial services provider’s stock worth $6,543,000 after acquiring an additional 606,897 shares during the period. 67.95% of the stock is owned by hedge funds and other institutional investors.

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.