Wellesley Bancorp (WEBK) Receiving Somewhat Favorable News Coverage, Analysis Finds
News articles about Wellesley Bancorp (NASDAQ:WEBK) have trended somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wellesley Bancorp earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 44.6186406527183 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Wellesley Bancorp (NASDAQ WEBK) opened at $29.89 on Monday. Wellesley Bancorp has a 12 month low of $23.70 and a 12 month high of $29.95. The company has a market cap of $74.47, a P/E ratio of 19.66 and a beta of 0.21. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.64.
Wellesley Bancorp (NASDAQ:WEBK) last announced its quarterly earnings results on Thursday, October 26th. The bank reported $0.48 EPS for the quarter. Wellesley Bancorp had a net margin of 12.81% and a return on equity of 6.51%. The company had revenue of $6.32 million for the quarter.
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th were paid a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $0.20 annualized dividend and a dividend yield of 0.67%. Wellesley Bancorp’s payout ratio is currently 13.16%.
In related news, Director Nancy Marden Goodall sold 1,214 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $22.98, for a total transaction of $27,897.72. Following the transaction, the director now owns 3,611 shares in the company, valued at $82,980.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Eloise C. Thibault sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $26.75, for a total transaction of $160,500.00. Following the transaction, the vice president now owns 7,000 shares in the company, valued at approximately $187,250. The disclosure for this sale can be found here. Insiders sold 11,899 shares of company stock worth $312,115 in the last 90 days. 15.30% of the stock is owned by company insiders.
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Wellesley Bancorp Company Profile
Wellesley Bancorp, Inc is the holding company for Wellesley Bank (the Bank). The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses. It attracts deposits from the general public and uses those funds to originate residential mortgage loans, commercial real estate loans and construction loans, and, to a lesser extent, commercial business loans, home equity lines of credit and other consumer loans.
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