How to Buy Western New England Bancorp Stock
Western New England Bancorp Inc
Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses.
Western New England Bancorp stock last closed at $6.57, up 1.23% from the previous day, and has decreased 16.52% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.27 percentage points. Western New England Bancorp stock is currently +17.74% from its 52-week low of $5.58, and -28.98% from its 52-week high of $9.25.
At the moment, there are 21.58M shares of WNEB outstanding. The market cap of WNEB is $141.79M. In the past 24 hours, 53,630 WNEB shares were traded.
How to Buy Western New England Bancorp Stock
Wondering how to invest in Western New England Bancorp stock? Here's how.
- Choose where to buy Western New England Bancorp stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Western New England Bancorp stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Evaluate Western New England Bancorp stock: The Western New England Bancorp ticker symbol is WNEB. Is Western New England Bancorp stock a good investment? Should you buy shares of WNEB? How do WNEB's underlying business fundamentals look? Do top analysts think Western New England Bancorp is a good buy? Why has WNEB's stock price moved recently? (Hint: Our stock market research website can help you understand if WNEB is a good stock to buy).
- Make your WNEB purchase: Decide if you will purchase WNEB shares at the current market price or use a limit order to buy WNEB stock at a specific price.
- Keep tabs on your WNEB investment: Create a watchlist to get live updates on your position in Western New England Bancorp stock.
Step 1: Choose where to buy Western New England Bancorp stock
You need an online brokerage account to access the NASDAQ market and buy WNEB shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you can invest in WNEB stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your brokerage account
Now that you've filled out your info on the best stock buying app, you need to deposit funds:
Check out this video walkthrough to see the process of depositing money into your brokerage account.
Step 4: Evaluate Western New England Bancorp stock
Once you have chosen the best place to buy Western New England Bancorp stock, it's important to evaluate their stock before you invest, so you truly understand the risk as well as the upside.
Western New England Bancorp stock data
Western New England Bancorp Fundamentals
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on WNEB's stock page.
Is WNEB stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge WNEB's true value.
Using relative valuations methods:
- WNEB may be undervalued based on its P/E ratio of 9.39x, relative to Banks - Regional industry P/E ratio of -10.33x
- WNEB may be undervalued based on its P/B ratio of 0.6x, relative to Banks - Regional industry P/B ratio of 0.97x
- WNEB could be overvalued based on its PEG ratio of 3.07x
You can do more valuation research on WNEB's stock here.
Is WNEB a healthy company?
Signs that WNEB is financially healthy:
- WNEB earnings of $19.58M is not sufficient to cover its interest payments.
Signs that WNEB is not financially healthy:
- WNEB profit margin has gone down from 28.2% to 19.3% in the past year.
- Total WNEB debt is higher than 5 years ago, relative to shareholder equity.
- WNEB has a relatively high debt to equity ratio of 9.8.
- WNEB's operating cash flow of $14.77M allows it to safely service it's debt of $156.46M.
Is Western New England Bancorp stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who give recommendations on WNEB, the consensus analyst rating on Western New England Bancorp is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Western New England Bancorp stock forecast page.
WNEB Trading Indicators
WNEB Performance Metrics
Last year, WNEB earnings were $15.07M. In the last 5 year, WNEB's earnings have grown by 4.19% per year. This was slower than the Banks - Regional industry average of 16.23%.
Last year, WNEB revenue was $77.93M. In the past 5 year, WNEB's revenue has gone up by 2.96% per year. This was slower than the Banks - Regional industry average of 7.35%.
Dig into WNEB's earnings and revenue performance here.
Are WNEB executives and large shareholders buying or selling the stock?
Over the past year, insiders at WNEB have bought more shares than they have sold.
John E. Bonini, SVP General Counsel of WNEB, was the latest WNEB insider to sell. They sold $10,022.61 worth of WNEB shares on Mar 5, 2024.
Get more info about who owns WNEB shares here.
Can I rely on WNEB as an income stream?
Western New England Bancorp pays a dividend of 4.26%, compared to the Banks - Regional industry's average dividend yield of 3.89%. If you owned $1,000 worth of WNEB stock, you would have been paid $42.62 last year.
Western New England Bancorp dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Western New England Bancorp dividend yield and history here.
What others are saying about WNEB
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your WNEB purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Press the Open Trade button and eToro will place the order.
If you want additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your WNEB investment
Now that you own some WNEB stock, you'll want to keep up with your new investment.
Put WNEB on a watchlist to track the most important metrics related to your WNEB stock.
WNEB Feed
How to Buy Stock in Western New England Bancorp
To summarize, here are the 6 steps to buy stock in Western New England Bancorp:
- Choose where to buy Western New England Bancorp stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Western New England Bancorp stock
- Make your WNEB purchase
- Keep tabs on your WNEB investment
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your new investment in Western New England Bancorp, click the button below.
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