Western New England Bancorp Stock

Western New England Bancorp Debt 2024

Western New England Bancorp Debt

19.71 USD

Ticker

WNEB

ISIN

US9588921018

WKN

A2AT5D

In 2024, Western New England Bancorp's total debt was 19.71 USD, a 0.06% change from the 19.7 USD total debt recorded 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.

Debt Details

Understanding Western New England Bancorp's Debt Structure

Western New England Bancorp's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Western New England Bancorp's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Western New England Bancorp’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Western New England Bancorp’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Western New England Bancorp stock

What is the debt of Western New England Bancorp this year?

Western New England Bancorp has a debt level of 19.71 USD this year.

What was the debt of Western New England Bancorp compared to the previous year?

The debt of Western New England Bancorp has increased by 0.06% compared to the previous year increased.

What are the consequences of high debt for investors in Western New England Bancorp?

High debt can pose a risk for investors of Western New England Bancorp, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Western New England Bancorp?

Low debt means that Western New England Bancorp has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Western New England Bancorp affect the company?

An increase in debt of Western New England Bancorp can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Western New England Bancorp affect the company?

A reduction in debt of Western New England Bancorp can strengthen the company's financial position and improve its ability to meet its financial obligations.

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

Some factors that can influence the debt of Western New England Bancorp include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Western New England Bancorp so important for investors?

The debts of Western New England Bancorp are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Western New England Bancorp take to change the debt?

To change the debt, Western New England Bancorp can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

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 3.25 %. 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 3.25 %.

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 3.53 %.

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.