OverviewSuggest Edit

Wayne Savings Bancshares operates as the unitary thrift holding company for Wayne Savings Community Bank that provides a range of consumer and business financial services to individuals, business, and other organizations. The Company accepts consumer and commercial deposits and originates various loans. It also invests in mortgage-backed securities, obligations issued by state and political subdivisions, and a small position of private-label collateralized mortgage obligations, as well as in other liquid investments.

TypePublic
Founded1899
HQWooster, OH, US
Websitewaynesavings.com
Employee Ratings2.6

Latest Updates

Employees (est.) (Dec 2017)92
Job Openings7
Revenue (FY, 2016)$464 K(-75%)
Share Price (Nov 2021)$25.8
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Key People/Management at Wayne Savings

Peggy J. Schmitz

Peggy J. Schmitz

Director
Mark Witmer

Mark Witmer

Director
Jonathan Ciccotelli

Jonathan Ciccotelli

Director
David L. Lehman

David L. Lehman

Director
Debra A. Marthey

Debra A. Marthey

Director
Glenn W. Miller

Glenn W. Miller

Director
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Wayne Savings Office Locations

Wayne Savings has an office in Wooster
Wooster, OH, US (HQ)
151 N Market St
Wooster, OH, US
143 N Market St
Show all (2)

Wayne Savings Financials and Metrics

Wayne Savings Revenue

Wayne Savings's revenue was reported to be $464 k in FY, 2016
USD

Revenue (Q3, 2017)

126.0k

Net income (Q3, 2017)

855.0k

Market capitalization (10-Nov-2021)

63.9m

Closing stock price (10-Nov-2021)

25.8

Cash (30-Sept-2017)

7.0m

EV

79.3m
Wayne Savings's current market capitalization is $63.9 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.9m1.6m1.9m1.9m464.0k

Sales and marketing expense

281.0k275.0k

Operating expense total

2.5m2.0m1.9m2.1m1.7m

Depreciation and amortization

91.0k38.0k
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

468.0k493.0k516.0k390.0k398.0k394.0k371.0k481.0k431.0k443.0k538.0k452.0k555.0k523.0k126.0k160.0k126.0k

Sales and marketing expense

70.0k62.0k68.0k

Operating expense total

456.0k615.0k634.0k551.0k471.0k438.0k497.0k466.0k498.0k501.0k551.0k536.0k521.0k550.0k395.0k464.0k432.0k

Depreciation and amortization

23.0k23.0k15.0k
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

12.1m13.4m705.0k11.2m16.8m

Accounts Receivable

247.8m261.1m293.1m862.8k

Inventories

PP&E

7.1m6.7m6.7m6.4m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.7m2.1m2.6m1.6m2.2m

Depreciation and Amortization

555.0k680.0k611.0k591.0k671.0k

Accounts Payable

948.0k(237.0k)(203.0k)(298.0k)453.0k

Cash From Operating Activities

5.6m4.9m4.2m4.1m4.9m
USDQ1, 2012

Financial Leverage

10.3 x
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Wayne Savings Online and Social Media Presence

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Wayne Savings News and Updates

Wayne Savings Bancshares, Inc. Announces the Opening of a Full-Service Branch in Washingtonville, Ohio

WOOSTER, Ohio, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX:WAYN), the holding company parent of Wayne Savings Community Bank, is pleased to announce the opening of a new branch in Washingtonville, Ohio located at 795 Main West Street. The full-service branch opened on A…

Wayne Savings Bancshares, Inc. Announces Earnings for the second quarter 2021

WOOSTER, Ohio, July 15, 2021 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX: WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank, reported net income (unaudited) of $1,802,000 or $0.73 per common share for the quarter ended June 30, 2021, an increase of $1…

Wayne Savings Announces 2021 Annual Meeting Voting Results

WOOSTER, Ohio, April 30, 2021 (GLOBE NEWSWIRE) -- On April 29, 2021, Wayne Savings Bancshares, Inc. (OTCQX: WAYN) (the “Company”) held its 2021 Annual Meeting of Stockholders (the “Annual Meeting”). The inspector of elections delivered its final report of voting results for each of the matters sub…

Wayne Savings Bancshares, Inc. Announces Earnings for the first quarter 2021

WOOSTER, Ohio, April 19, 2021 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX: WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank, reported net income (unaudited) of $1,887,000, or $0.76 per common share, for the quarter ended March 31, 2021. This represen…

Wayne Savings Bancshares, Inc. Announces Earnings for the Fourth Quarter and Full Year 2020 Earnings

WOOSTER, Ohio, Jan. 22, 2021 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX: WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank, reported net income (unaudited) of $1,773,000 or $0.71 per common share for the quarter ended December 31, 2020, an increase o…

Wayne Savings Bancshares, Inc. Announces Adoption of a 5% Stock Repurchase Program

WOOSTER, Ohio, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc., (the “Company”) (OTCQX:WAYN), the holding company for Wayne Savings Community Bank, reported that its Board of Directors approved a new stock repurchase program. On November 24, 2020, the Board of Directors adopted a …
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Wayne Savings Frequently Asked Questions

  • When was Wayne Savings founded?

    Wayne Savings was founded in 1899.

  • Who are Wayne Savings key executives?

    Wayne Savings's key executives are Peggy J. Schmitz, Mark Witmer and Jonathan Ciccotelli.

  • How many employees does Wayne Savings have?

    Wayne Savings has 92 employees.

  • What is Wayne Savings revenue?

    Latest Wayne Savings annual revenue is $464 k.

  • What is Wayne Savings revenue per employee?

    Latest Wayne Savings revenue per employee is $5 k.

  • Who are Wayne Savings competitors?

    Competitors of Wayne Savings include First Financial Bancorp, Banque Cantonale de Geneve and First Financial.

  • Where is Wayne Savings headquarters?

    Wayne Savings headquarters is located at 151 N Market St, Wooster.

  • Where are Wayne Savings offices?

    Wayne Savings has an office in Wooster.

  • How many offices does Wayne Savings have?

    Wayne Savings has 2 offices.