StockNews.com began coverage on shares of Western New England Bancorp (NASDAQ:WNEB – Get Rating) in a note issued to investors on Monday. The firm set a “buy” rating on the financial services provider’s stock. Separately, Zacks Investment Research cut Western New England Bancorp from a “strong-buy” rating to a “hold” rating in a research report […]
Millennium Management LLC trimmed its holdings in Western New England Bancorp, Inc. (NASDAQ:WNEB – Get Rating) by 41.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 281,269 shares of the financial services provider’s stock after selling 201,365 shares during the quarter. Millennium Management […]
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Western New England Bancorp: Q1 Earnings Snapshot
April 27, 2021 GMT
The bank, based in Westfield, Massachusetts, said it had earnings of 24 cents per share.
The bank holding company posted revenue of $23 million in the period. Its revenue net of interest expense was $21 million, which beat Street forecasts.
Western New England Bancorp shares have risen 16% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8, a climb of 37% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WNEB at https://www.zacks.com/ap/WNEB