RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Western New England Bancorp Stock

Western New England Bancorp ROE 2024

Western New England Bancorp ROE

0.06

Ticker

WNEB

ISIN

US9588921018

WKN

A2AT5D

In 2024, Western New England Bancorp's return on equity (ROE) was 0.06, a -44.08% increase from the 0.11 ROE 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.

ROE Details

Decoding Western New England Bancorp's Return on Equity (ROE)

Western New England Bancorp's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Western New England Bancorp's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Western New England Bancorp's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Western New England Bancorp’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Western New England Bancorp stock

What is the ROE (Return on Equity) of Western New England Bancorp this year?

The ROE of Western New England Bancorp this year is 0.06 undefined.

How has the Return on Equity (ROE) of Western New England Bancorp developed compared to the previous year?

The ROE of Western New England Bancorp has increased by -44.08% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Western New England Bancorp?

A high ROE indicates that Western New England Bancorp generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Western New England Bancorp?

A low ROE can indicate that Western New England Bancorp is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Western New England Bancorp affect the company?

A change in ROE (Return on Equity) of Western New England Bancorp can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Western New England Bancorp?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Western New England Bancorp?

Some factors that can influence Western New England Bancorp's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 3.31 %. 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 3.31 %.

When does Western New England Bancorp pay dividends?

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

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 3.6 %.

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 5/22/2024 amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on 5/7/2024.

When did Western New England Bancorp pay the last dividend?

The last dividend was paid out on 5/22/2024.

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.