Western New England Bancorp

Western New England Bancorp operates as the holding company for Westfield Bank that provides community banking products and services to individuals and businesses. The Company accepts various deposit accounts, including time deposits, money market accounts, savings accounts, demand accounts, interest bearing checking accounts and repurchase agreements. It also offers commercial and industrial loans comprising business installment loans, vehicle and equipment financing, lines of credit and other commercial loans, commercial real estate loans to finance the purchase of apartment buildings, business properties and multi-family investment properties, construction loans to the developers of commercial and residential properties, residential real estate loans and originations, home equity loans and consumer loans.

Company Growth (employees)
Type
Public
HQ
Westfield, US
Founded
1853
Size (employees)
256 (est)+57%
Western New England Bancorp was founded in 1853 and is headquartered in Westfield, US

Western New England Bancorp Office Locations

Western New England Bancorp has an office in Westfield
Westfield, US (HQ)
141 Elm St
Show all (1)

Western New England Bancorp Financials and Metrics

Western New England Bancorp Financials

Westfield Financial's revenue was reported to be $54.6 m in FY, 2016
USD

Net income (Q3, 2017)

3.8 m

EBIT (Q3, 2017)

14.6 m

Market capitalization (21-Oct-2016)

137.3 m

Closing share price (21-Oct-2016)

7.9

Cash (30-Sep-2017)

28.9 m

EV

214.7 m
Westfield Financial's current market capitalization is $137.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

45.3 m45.5 m42.5 m54.6 m

Revenue growth, %

0%(7%)28%

Cost of goods sold

10.8 m11.3 m

Gross profit

31.7 m43.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

11.4 m11.1 m11.2 m11.6 m11.7 m12.1 m12 m11.8 m12.3 m20 m

Cost of goods sold

2.5 m2.4 m2.4 m2.5 m2.7 m2.8 m2.7 m2.6 m2.6 m3.5 m3.6 m

Gross profit

8.8 m8.7 m8.7 m9.1 m9 m9.3 m9.3 m9.3 m9.7 m16.5 m

Gross profit Margin, %

78%79%78%78%77%77%77%78%78%83%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

19.7 m18.8 m13.7 m70.2 m

Accounts Receivable

4.2 m4.2 m3.9 m5.8 m

PP&E

11 m11.7 m13.6 m20.9 m

Goodwill

13.7 m
USDQ3, 2013Q1, 2014Q2, 2015Q1, 2017Q2, 2017Q3, 2017

Cash

28.4 m21.4 m13.7 m40.7 m19.4 m28.9 m

PP&E

11.2 m11 m13.7 m23.7 m23.8 m

Goodwill

12.5 m12.5 m12.5 m

Total Assets

1.3 b1.3 b1.4 b2.1 b2.1 b2.1 b
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    6.8 m6.2 m5.7 m4.8 m

    Accounts Receivable

    401 k(12 k)335 k(464 k)

    Cash From Operating Activities

    14.2 m12.3 m12.1 m1.1 m

    Cash From Investing Activities

    15 m(45.5 m)(30.9 m)33.9 m
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    4.9 m1.6 m3 m4.5 m1.3 m2.7 m4.3 m2 m2.4 m3 m5.1 m8.9 m3.8 m

    Accounts Receivable

    438 k81 k36 k9 k62 k13 k127 k493 k166 k300 k274 k188 k

    Cash From Operating Activities

    7.8 m3.4 m5.8 m9.6 m3.9 m5.2 m9.4 m815 k1.1 m3.5 m3.7 m6.3 m13.6 m

    Cash From Investing Activities

    2.1 m10.1 m(42.1 m)(14.9 m)(50 m)(36.1 m)116 m47 m4.2 m(40 m)(46.7 m)(51.4 m)
      Y, 2017

      EV/EBIT

      14.7 x

      EV/CFO

      15.8 x

      Financial Leverage

      8.3 x
      Show all financial metrics

      Western New England Bancorp Operating Metrics

      Western New England Bancorp's Total Loans Issued was reported to be $1.6 b in Q2, 2017
      FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

      Total Loans Issued

      $723.42 m$728.99 m$757.78 m$803.15 m$814.39 m$823.1 m$901.48 m$942.58 m$1.56 b$1.59 b$1.6 b

      Non-performing Loans

      $8.83 m$8 m$7.3 m$8.08 m$8.3 m$8 m$7.3 m$14.06 m$14.8 m$14 m
      Show all operating metrics

      Western New England Bancorp Market Value History

      Westfield Financial's Web-traffic and Trends

      Westfield Financial Online and Social Media Presence

      Western New England Bancorp Company Life and Culture

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