Westfield Financial

On July 1, 1853, the local newspaper in Westfield, Massachusetts carried the news “Westfield Savings Bank – This institution is now ready to transact business.” With that, the organization known today as Westfield Bank was born.
Today we’re among the region’s most innovative banks, with products, services and technologies people expect from bigger banks, delivered by people who have a genuine interest in our customers’ success. While much has changed since our founding, one thing that’s unchanged is our commitment to the communities we serve.

Type
Public
HQ
Westfield, US
Founded
1853
Size (employees)
164 (est)
Westfield Financial was founded in 1853 and is headquartered in Westfield, US

Westfield Financial Office Locations

Westfield Financial has an office in Westfield
Westfield, US (HQ)
141 Elm St

Westfield Financial Financials and Metrics

Westfield Financial 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, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 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

      Westfield Financial Operating Metrics

      Westfield Financial'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

      Westfield Financial Market Value History

      Westfield Financial's Web-traffic and Trends

      Westfield Financial Online and Social Media Presence

      Westfield Financial Company Life and Culture

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