Insider Chart Past 6 Months
Technical Chart
Filings by transaction date
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Masse William DOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Damon Donna J.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Smith Philip ROwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Fitzgerald Gary GOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Picknelly Paul COwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Orlen Gregg FOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Benoit LauraOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:McMahon Lisa GOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Sajdak Guida ROwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:5,118Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Sagan Leo R JrOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:3,869Price:--
Filings by filing date
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Masse William DOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Damon Donna J.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Smith Philip ROwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Fitzgerald Gary GOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Picknelly Paul COwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Orlen Gregg FOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Benoit LauraOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:McMahon Lisa GOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:2,384Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Sajdak Guida ROwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:5,118Price:--
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Mar 07, 2024 (filed on Mar 11, 2024)Insider Name:Sagan Leo R JrOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:3,869Price:--
News
Biz Brief
Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 141 Elm St. WESTFIELD MA 01085 |
Tel: | 1-413-5681911 |
Website: | https://wneb.q4ir.com |
IR: | See website |
Key People | ||
James C. Hagan President, Chief Executive Officer, Director | Filipe B. Goncalves Senior Vice President and Associate Chief Credit Officer | Guida R. Sajdak Chief Financial Officer, Executive Vice President, Treasurer |
Allen J. Miles Executive Vice President | Kevin C. O'Connor Executive Vice President, Chief Banking Officer | Darlene Libiszewski Senior Vice President, Chief Information Officer |
Leo R. Sagan Senior Vice President, Chief Risk Officer | John E. Bonini Senior Vice President, General Counsel | Daniel A. Marini Senior Vice President of Retail Banking and Marketing, Executive Officer | Christine Phillips Senior Vice President and Human Resources Director |
Business Overview |
Western New England Bancorp, Inc. is a Massachusetts-chartered stock holding company. The Company is the parent company of Westfield Bank (the Bank), CSB Colts, Inc. (CSB Colts), Elm Street Securities Corporation (Elm), WFD Securities, Inc. (WFD) and WB Real Estate Holdings, LLC (WB). The Bank is a full-service, community oriented financial institution offering a full range of commercial and retail products and services as well as wealth management financial products. The Bank also provides a variety of banking services, including telephone and online banking, remote deposit capture, cash management services, overdraft facilities, night deposit services, and safe deposit facilities. CSB Colts, Elm, and WFD are engaged in holding qualified securities. WB is engaged in holding other real estate owned (OREO). The Bank operates about 25 banking offices in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Huntington, Ludlow, South Hadley, Southwick, Springfield, Ware, and others. |
Financial Overview |
For the fiscal year ended 31 December 2023, Western New England Bancorp Inc interest income increased 18% to $101.1M. Net interest income after loan loss provision decreased 15% to $67M. Net income decreased 42% to $15.1M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 14% to 2.84%, Net Interest Spread, Total -% decrease of 29% to 2.27%, Marketable equity securities decrease of 36% to $122K. |
Employees: | 294 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $162.52M as of Dec 31, 2023 |
Annual revenue (TTM): | $101.12M as of Dec 31, 2023 |
EBITDA (TTM): | $28.74M as of Dec 31, 2023 |
Net annual income (TTM): | $15.07M as of Dec 31, 2023 |
Free cash flow (TTM): | $6.60M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 21,581,759 as of Mar 6, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |