A Director at Western New England Bancorp Inc (WNEB) is Buying Shares


Today, a Director at Western New England Bancorp Inc (WNEB), Christos Tapases, bought shares of WNEB for $4,920.

This recent transaction increases Christos Tapases’ holding in the company by 2.6% to a total of $195.8K. In addition to Christos Tapases, one other WNEB executive reported Buy trades in the last month.

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Based on Western New England Bancorp Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $21.94 million and quarterly net profit of $3.91 million. In comparison, last year the company earned revenue of $20.93 million and had a net profit of $3.82 million. WNEB’s market cap is $291.6M and the company has a P/E ratio of 23.12. Currently, Western New England Bancorp Inc has an average volume of 41.57K.

The insider sentiment on Western New England Bancorp Inc has been positive according to 40 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Western New England Bancorp, Inc. is a holding company, which engages in the provision of banking services. It offers checking accounts, loans, ID theft and fraud protection, e-banking, money market and savings accounts, retirement fund, and cash and wealth management. The company was founded in 2011 and is headquartered in Westfield, MA.

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