WNEB Stock Summary and Trading Ideas (Western New England Bancorp | NASDAQ:WNEB)

Western New England Bancorp Inc through its bank subsidiary, provides a range of financial services to individuals and companies in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company's revenues, profits, and assets are derived by the Bank from banking products and services.

Western New England Bancorp trades on the NASDAQ stock market under the symbol WNEB.

As of February 28, 2025, WNEB stock price climbed to $9.73 with 19,471 million shares trading.

WNEB has a market cap of $203.12 million. This is considered a Small Cap stock.

Last quarter Western New England Bancorp reported $19 million in Revenue and $.16 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.04.

In the last 3 years, WNEB traded as high as $10.25 and as low as $5.58.

The top ETF exchange traded funds that WNEB belongs to (by Net Assets): VTI, VXF, DFAT, DFAC, DFSV.

WNEB has outperformed the market in the last year with a price return of +23.9% while the SPY ETF gained +18.8%. WNEB has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +4.6% and +1.8%, respectively, while the SPY returned -0.4% and -2.5%, respectively.

WNEB support price is $9.52 and resistance is $9.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WNEB shares will trade within this expected range on the day.