Western New England Bancorp Stock

Western New England Bancorp Employees 2024

Western New England Bancorp Employees

298

Ticker

WNEB

ISIN

US9588921018

WKN

A2AT5D

In 2024, Western New England Bancorp employed 298 people, a 0% change from the 298 number of employees in the previous year.

Western New England Bancorp Aktienanalyse

What does Western New England Bancorp do?

Western New England Bancorp Inc is a bank holding company that was founded in 1853 and is headquartered in Westfield, Massachusetts. The company operates several subsidiaries, including Westfield Bank, Hartford Internet Deposit Account, 1853 Ventures, and WB Real Estate Holdings. The bank was originally founded in 1853 as Westfield Savings Bank and was originally a mutual savings bank. In 2002, the bank changed its status to a publicly traded company and changed its name to Westfield Financial Inc. Business Model Western New England Bancorp Inc is a financial institution that specializes in providing financial services to retail customers, small and medium-sized businesses, and institutional investors. The bank offers a wide range of financial products and services, including lending, deposits, consumer loans, commercial loans, mortgages, and investment services. Divisions and Products Westfield Bank is the main subsidiary of Western New England Bancorp Inc. It offers a variety of deposit and loan products, including checking accounts, savings accounts, CDs, credit cards, mortgages, auto loans, commercial real estate loans, and working capital loans. The bank operates a total of 25 branches in Western Massachusetts and Connecticut and also offers online banking services through its website. 1853 Ventures is a subsidiary that focuses on providing no-fee banking and other digital banking services. The company offers deposit and loan services and works closely with other fintech companies to develop innovative solutions for its customers. WB Real Estate Holdings is a subsidiary that focuses on acquiring, developing, and managing commercial real estate projects. The company acquires and manages properties in Western Massachusetts and Connecticut and leverages synergies with other subsidiaries of Western New England Bancorp Inc to be successful. Hartford Internet Deposit Account is an FDIC-insured deposit and money market fund service offered by Westfield Bank, which allows customers to make deposits and withdrawals from their computer or mobile device. The service is available to customers throughout the state of Connecticut. Western New England Bancorp Inc is a company that strives to adapt and grow to meet the needs of its customers. The company has experienced strong expansion in recent years and has expanded its portfolio to include new business segments and products. Customers can rely on Western New England Bancorp Inc for competent and reliable financial services. Western New England Bancorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Employees Details

Examining Western New England Bancorp's Employee Base

Western New England Bancorp's employees are a pivotal aspect of its operations, driving innovation, productivity, and growth. The size and composition of the workforce offer insights into the company's scale, diversity, and investment in human capital. Analyzing employee trends and data is essential for understanding Western New England Bancorp's operational capacity and future potential.

Year-to-Year Comparison

Assessing Western New England Bancorp's employee numbers year-over-year helps in identifying growth patterns, expansions, or contractions. An increasing employee count can indicate scaling operations and investment in talent, while a decrease may signal efficiency improvements, automation, or business challenges.

Impact on Investments

Western New England Bancorp's employee data impacts investment decisions by shedding light on the company’s operational efficiency, innovation capability, and sustainability. Investors assess workforce data to gauge the firm's potential to execute strategies, innovate, and adapt to market changes effectively.

Interpreting Employee Trends

Fluctuations in Western New England Bancorp’s employee numbers indicate changes in business strategy, operational demands, and market dynamics. Investors and analysts scrutinize these trends to evaluate the company’s strategic positioning, adaptability, and potential for sustainable growth.

Frequently Asked Questions about Western New England Bancorp stock

How many employees does Western New England Bancorp have this year?

Western New England Bancorp has 298 undefined employees this year.

How many employees did Western New England Bancorp have compared to the previous year?

Compared to the previous year, Western New England Bancorp had 0% more employees.

What impact did the number of employees have on the company Western New England Bancorp?

The number of employees has a direct impact on the efficiency and productivity of Western New England Bancorp. A higher number of employees can indicate that the company is growing and has more resources to achieve its goals, while a lower number of employees may suggest that the company is saving costs or facing difficulties in recruiting new employees.

What impact did the number of employees have on investors of Western New England Bancorp?

The number of employees can also have an impact on investors of Western New England Bancorp, as it can be an indicator of the company's growth and financial health. A higher number of employees can promise investors, while a lower number of employees may raise concerns.

How does an increase in equity capital of Western New England Bancorp affect the company?

An increase in equity of Western New England Bancorp can improve the financial strength of the company and increase its ability to make future investments and fulfill obligations.

How does a reduction in Western New England Bancorp's equity affect the company?

A reduction in equity of Western New England Bancorp can impair its financial stability and decrease its ability to fulfill future investments and obligations.

What are some factors that influence the equity of Western New England Bancorp?

Some factors that can influence the equity of Western New England Bancorp include, among others, revenue development, profit and loss statement, dividend payments, and investments.

Why is the equity of Western New England Bancorp so important for investors?

The equity of Western New England Bancorp is important for investors as it is an indicator of the company's financial stability and provides investors with information on the amount of financial backing the company has in terms of obligations and future investments.

How does the number of employees at Western New England Bancorp influence the company?

The number of employees at Western New England Bancorp can directly impact the growth and performance of the company. A higher number of employees can lead to increased capacity and productivity, while a lower number of employees may result in reduced efficiency and limitations.

How has the number of employees at Western New England Bancorp evolved in recent years?

In recent years, the number of employees at Western New England Bancorp has changed by 0.

How many employees does Western New England Bancorp currently have?

Western New England Bancorp currently has 298 undefined employees.

Why is the number of employees important for investors of Western New England Bancorp?

The number of employees is important for investors of Western New England Bancorp as it is an indicator of the growth potential and performance of the company. It also provides information on how the company is able to manage and recruit its workforce.

What strategic measures can Western New England Bancorp take to change the number of employees?

To change the number of employees, Western New England Bancorp can take various measures such as adjusting compensation packages, improving working conditions, conducting recruitment campaigns, and promoting a positive corporate culture. It is important for the company to conduct a thorough assessment of its situation to determine the best strategic actions to change its number of employees.

How much dividend does Western New England Bancorp pay?

Over the past 12 months, Western New England Bancorp paid a dividend of 0.28 USD . This corresponds to a dividend yield of about 3.33 %. For the coming 12 months, Western New England Bancorp is expected to pay a dividend of 0.3 USD.

What is the dividend yield of Western New England Bancorp?

The current dividend yield of Western New England Bancorp is 3.33 %.

When does Western New England Bancorp pay dividends?

Western New England Bancorp pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Western New England Bancorp?

Western New England Bancorp paid dividends every year for the past 23 years.

What is the dividend of Western New England Bancorp?

For the upcoming 12 months, dividends amounting to 0.3 USD are expected. This corresponds to a dividend yield of 3.62 %.

In which sector is Western New England Bancorp located?

Western New England Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Western New England Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Western New England Bancorp from 8/21/2024 amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on 8/7/2024.

When did Western New England Bancorp pay the last dividend?

The last dividend was paid out on 8/21/2024.

What was the dividend of Western New England Bancorp in the year 2023?

In the year 2023, Western New England Bancorp distributed 0.24 USD as dividends.

In which currency does Western New England Bancorp pay out the dividend?

The dividends of Western New England Bancorp are distributed in USD.

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Andere Kennzahlen von Western New England Bancorp

Our stock analysis for Western New England Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Western New England Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.