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Western New England Bancorp Inc (WNEB) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Western New England Bancorp Inc (WNEB) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Western New England Bancorp Inc through its subsidiaries provides banking products and services offering deposit products and makes mortgage loans for the construction, purchase, and refinancing of residential and commercial real estate. Western New England Bancorp Inc has a market cap of $281.390 million; its shares were traded at around $9.91 with a P/E ratio of 17.09 and P/S ratio of 4.19. The dividend yield of Western New England Bancorp Inc stocks is 1.71%.


For the last quarter Western New England Bancorp Inc reported a revenue of $17.1 million, compared with the revenue of $17.35 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $69.2 million, an increase of 2% from last year. For the last five years Western New England Bancorp Inc had an average revenue growth rate of 15.5% a year.

The reported diluted earnings per share was 57 cents for the year, an increase of 39% from previous year. Over the last five years Western New England Bancorp Inc had an EPS growth rate of 8.4% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Western New England Bancorp Inc has the cash and cash equivalents of $26.8 million, compared with $26.8 million in the previous year. The long term debt was $208.0 million, compared with $164.8 million in the previous year. Western New England Bancorp Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $9.91, Western New England Bancorp Inc is traded at 11.3% discount to its historical median P/S valuation band of $11.17. The P/S ratio of the stock is 4.19, while the historical median P/S ratio is 4.72. The stock lost 8.9% during the past 12 months.

CFO Recent Trades:

  • EVP & CFO Guida R Sajdak sold 221 shares of WNEB stock on 03/06/2019 at the average price of $10. The price of the stock has decreased by 0.9% since.

For the complete 20-year historical financial data of WNEB, click here.

This article first appeared on GuruFocus.