Western New England Bancorp downgraded by Hovde Group with a new price target
$WNEB
Savings Institutions
Finance
Hovde Group downgraded Western New England Bancorp from Outperform to Market Perform and set a new price target of $7.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/25/2024 | Buy → Neutral | Janney | |
| 7/24/2024 | Buy → Neutral | Seaport Research Partners | |
| 10/25/2023 | $7.50 | Outperform → Market Perform | Hovde Group |
| 9/12/2023 | $8.00 | Buy | Seaport Research Partners |
| 11/22/2022 | $10.00 | Overweight → Neutral | Piper Sandler |
| 9/17/2021 | Market Perform → Outperform | Hovde Group |
WESTFIELD, Mass., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the "Company" or "WNEB") (NASDAQ:WNEB), the holding company for Westfield Bank (the "Bank"), announced today the unaudited results of operations for the three and nine months ended September 30, 2024. For the three months ended September 30, 2024, the Company reported net income of $1.9 million, or $0.09 per diluted share, compared to net income of $4.5 million, or $0.21 per diluted share, for the three months ended September 30, 2023. On a linked quarter basis, net income was $1.9 million, or $0.09 per diluted share, as compared to net income of $3.5 million, or $0.17 per diluted share, for the three mo
WESTFIELD, Mass., July 23, 2024 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the "Company" or "WNEB") (NASDAQ:WNEB), the holding company for Westfield Bank (the "Bank"), announced today the unaudited results of operations for the three and six months ended June 30, 2024. For the three months ended June 30, 2024, the Company reported net income of $3.5 million, or $0.17 per diluted share, compared to net income of $2.8 million, or $0.13 per diluted share, for the three months ended June 30, 2023. On a linked quarter basis, net income was $3.5 million, or $0.17 per diluted share, as compared to net income of $3.0 million, or $0.14 per diluted share, for the three months ended March
WESTFIELD, Mass., June 10, 2024 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the "Company" or "WNEB") (NASDAQ:WNEB), the holding company for Westfield Bank (the "Bank"), announced that on June 6, 2024, the Company completed all repurchases under its existing stock repurchase plan ("2022 Repurchase Plan") at an average price per share of $7.34. The Board of Directors of the Company authorized the 2022 Repurchase Plan on July 26, 2022. On May 21, 2024, the Board of Directors of the Company authorized a new stock repurchase plan ("2024 Repurchase Plan"), pursuant to which the Company may repurchase up to 1.0 million shares, or approximately 4.6%, of the Company's outstanding shares
4 - Western New England Bancorp, Inc. (0001157647) (Issuer)
4 - Western New England Bancorp, Inc. (0001157647) (Issuer)
4 - Western New England Bancorp, Inc. (0001157647) (Issuer)
10-Q - Western New England Bancorp, Inc. (0001157647) (Filer)
8-K - Western New England Bancorp, Inc. (0001157647) (Filer)
10-Q - Western New England Bancorp, Inc. (0001157647) (Filer)
Janney Montgomery Scott analyst Jake Civiello downgrades Western New England (NASDAQ:WNEB) from Buy to Neutral.
Seaport Global analyst Laurie Havener downgrades Western New England (NASDAQ:WNEB) from Buy to Neutral.
Piper Sandler analyst Mark Fitzgibbon maintains Western New England (NASDAQ:WNEB) with a Neutral and raises the price target from $7 to $8.5.
Janney downgraded Western New England Bancorp from Buy to Neutral
Seaport Research Partners downgraded Western New England Bancorp from Buy to Neutral
Hovde Group downgraded Western New England Bancorp from Outperform to Market Perform and set a new price target of $7.50
4 - Western New England Bancorp, Inc. (0001157647) (Issuer)
4 - Western New England Bancorp, Inc. (0001157647) (Issuer)
4 - Western New England Bancorp, Inc. (0001157647) (Issuer)
SC 13G/A - Western New England Bancorp, Inc. (0001157647) (Subject)
SC 13G/A - Western New England Bancorp, Inc. (0001157647) (Subject)
SC 13G/A - Western New England Bancorp, Inc. (0001157647) (Subject)
WESTFIELD, Mass., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the "Company" or "WNEB") (NASDAQ:WNEB), the holding company for Westfield Bank (the "Bank"), announced today the unaudited results of operations for the three and nine months ended September 30, 2024. For the three months ended September 30, 2024, the Company reported net income of $1.9 million, or $0.09 per diluted share, compared to net income of $4.5 million, or $0.21 per diluted share, for the three months ended September 30, 2023. On a linked quarter basis, net income was $1.9 million, or $0.09 per diluted share, as compared to net income of $3.5 million, or $0.17 per diluted share, for the three mo
WESTFIELD, Mass., July 23, 2024 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the "Company" or "WNEB") (NASDAQ:WNEB), the holding company for Westfield Bank (the "Bank"), announced today the unaudited results of operations for the three and six months ended June 30, 2024. For the three months ended June 30, 2024, the Company reported net income of $3.5 million, or $0.17 per diluted share, compared to net income of $2.8 million, or $0.13 per diluted share, for the three months ended June 30, 2023. On a linked quarter basis, net income was $3.5 million, or $0.17 per diluted share, as compared to net income of $3.0 million, or $0.14 per diluted share, for the three months ended March
WESTFIELD, Mass., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the "Company" or "WNEB") (NASDAQ:WNEB), the holding company for Westfield Bank (the "Bank"), announced today the unaudited results of operations for the three and nine months ended September 30, 2023. For the three months ended September 30, 2023, the Company reported net income of $4.5 million, or $0.21 per diluted share, compared to net income of $6.0 million, or $0.28 per diluted share, for the three months ended September 30, 2022. On a linked quarter basis, net income was $4.5 million, or $0.21 per diluted share, as compared to net income of $2.8 million, or $0.13 per diluted share, for the three mo