Western New England Bancorp Inc (NASDAQ:WNEB) announced a quarterly dividend on Tuesday, October 22nd, Zacks reports. Stockholders of record on Wednesday, November 6th will be paid a dividend of 0.05 per share by the financial services provider on Wednesday, November 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Tuesday, November 5th.
Shares of Western New England Bancorp stock opened at $9.65 on Friday. Western New England Bancorp has a fifty-two week low of $8.50 and a fifty-two week high of $10.52. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.76. The business has a 50-day moving average price of $9.59 and a 200 day moving average price of $9.31. The firm has a market cap of $254.81 million, a P/E ratio of 17.23 and a beta of 0.21.
Western New England Bancorp (NASDAQ:WNEB) last issued its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). The company had revenue of $17.14 million for the quarter, compared to analyst estimates of $17.20 million. Western New England Bancorp had a return on equity of 5.93% and a net margin of 15.15%. As a group, equities research analysts anticipate that Western New England Bancorp will post 0.5 earnings per share for the current year.
About Western New England Bancorp
Western New England Bancorp, Inc operates as the holding company for Westfield Bank that provides commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including checking, savings, business and municipal savings, money market and business sweep, and individual retirement accounts; time deposits; term certificates of deposit; and interest on lawyers trust accounts.
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