Wellesley Bancorp (WEBK) Earning Somewhat Critical News Coverage, Analysis Finds

News articles about Wellesley Bancorp (NASDAQ:WEBK) have trended somewhat negative on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wellesley Bancorp earned a daily sentiment score of -0.01 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 44.3724703594814 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Wellesley Bancorp (NASDAQ WEBK) opened at $29.30 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.64. Wellesley Bancorp has a twelve month low of $23.70 and a twelve month high of $29.95. The firm has a market capitalization of $73.22, a price-to-earnings ratio of 19.28 and a beta of 0.21.

Wellesley Bancorp (NASDAQ:WEBK) last released its quarterly earnings data on Thursday, October 26th. The bank reported $0.48 EPS for the quarter. Wellesley Bancorp had a return on equity of 6.51% and a net margin of 12.81%. The company had revenue of $6.32 million for the quarter.

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th were given a $0.05 dividend. The ex-dividend date was Tuesday, December 5th. This represents a $0.20 annualized dividend and a yield of 0.68%. Wellesley Bancorp’s payout ratio is 13.16%.

In other Wellesley Bancorp news, Director Nancy Marden Goodall sold 1,214 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $22.98, for a total value of $27,897.72. Following the transaction, the director now directly owns 3,611 shares of the company’s stock, valued at $82,980.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Thomas J. Fontaine sold 1,999 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $27.81, for a total value of $55,592.19. The disclosure for this sale can be found here. Insiders sold 11,899 shares of company stock worth $312,115 over the last three months. Insiders own 15.30% of the company’s stock.

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About Wellesley Bancorp

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.

Insider Buying and Selling by Quarter for Wellesley Bancorp (NASDAQ:WEBK)

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