Western New England Bancorp

WNEB · NASDAQ

$13.53−$0.05 (−0.37%)TodayMarket closed ·
Prev close $13.58

WNEB analyst rating

HoldConsensus of 3 analysts over the last 12 months. 33% rate it a buy.
  • Strong buy0
  • Buy1
  • Hold2
  • Underperform0
  • Sell0

12-month price target · 4 analysts

Average $15.30 (+13.1% upside)

Low
$14.65
Now
$13.53
High
$16.27

Upgrades and downgrades

The latest rating actions, newest first

WNEB analyst upgrades, downgrades and rating actions
FirmDateActionRating
Piper SandlerJul 29, 2026MaintainsNeutral
Seaport GlobalJul 29, 2026DowngradeBuy → Neutral
Seaport GlobalApr 29, 2026MaintainsBuy
Piper SandlerMar 16, 2026InitiatesNeutral

The case for and against

Updated Nov 28, 2024

Bull case

Western New England Bancorp Inc demonstrated a positive financial trajectory, with total deposits increasing by 1.3% quarter-over-quarter, indicating stable customer confidence and engagement. The modest rise in non-performing loans (NPLs) to 0.31% reflects effective risk management, maintaining a comparatively low level of loan delinquencies in the market. Additionally, the increase in the yield on interest-earning assets to 4.30% coupled with a revised earnings per share (EPS) estimate for 2023 suggests a strengthening profitability outlook, supporting a positive assessment of the company's financial health.

Bear case

The analysis indicates a negative outlook for Western New England Bancorp Inc, primarily driven by a decline in the net interest margin (NIM), which fell to 2.59% and 2.72%, respectively, each reflecting quarterly declines that were slightly below expectations. Additionally, total deposits remained flat while core deposits decreased by approximately 3%, further contributing to a decrease in the tangible common equity (TCE) ratio, which declined to 8.42% and suggests a potential weakening in financial stability. The adjustments to the earnings per share estimates for 2024 and 2025, coupled with recent declines in tangible book value per share, underscore ongoing challenges that may impact long-term growth prospects.

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