Wellesley Bancorp (WEBK) Receiving Somewhat Favorable Media Coverage, Study Shows
Media coverage about Wellesley Bancorp (NASDAQ:WEBK) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Wellesley Bancorp earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 46.1168235887392 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Wellesley Bancorp (NASDAQ WEBK) opened at $27.50 on Monday. Wellesley Bancorp has a 1 year low of $23.70 and a 1 year high of $28.25. 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 (NASDAQ:WEBK) last issued its quarterly earnings data on Thursday, October 26th. The bank reported $0.48 earnings per share (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 during the quarter.
In other news, VP Eloise C. Thibault sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $25.15, for a total transaction of $25,150.00. Following the completion of the transaction, the vice president now directly owns 1,000 shares in the company, valued at $25,150. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 owns 3,611 shares of the company’s stock, valued at $82,980.78. The disclosure for this sale can be found here. Insiders have sold 4,900 shares of company stock valued at $121,173 over the last 90 days. 15.30% of the stock is owned by corporate 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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