Western New England Bancorp (Western New England Bancorp) Debt-to-Equity : 0.66 (As of Dec. 2023)

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What is Western New England Bancorp Debt-to-Equity?

Western New England Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.10 Mil. Western New England Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $140.36 Mil. Western New England Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $237.41 Mil. Western New England Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.66.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Western New England Bancorp's Debt-to-Equity or its related term are showing as below:

WNEB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 1.08 Max: 2.29
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Western New England Bancorp was 2.29. The lowest was 0.10. And the median was 1.08.

WNEB's Debt-to-Equity is ranked better than
51.65% of 1392 companies
in the Banks industry
Industry Median: 0.67 vs WNEB: 0.64

Western New England Bancorp Debt-to-Equity Historical Data

The historical data trend for Western New England Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western New England Bancorp Debt-to-Equity Chart

Western New England Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.04

0.26

0.10

0.27

0.66

Western New England Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.64	0.63	0.65	0.66	0.64

Competitive Comparison of Western New England Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Western New England Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western New England Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Western New England Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Western New England Bancorp's Debt-to-Equity falls into.

Western New England Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Western New England Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(16.1	+	140.358)	/	237.409
	=	0.66

Western New England Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(16.1	+	140.358)	/	237.409
	=	0.66

Western New England Bancorp (NAS:WNEB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Western New England Bancorp Debt-to-Equity Related Terms

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Western New England Bancorp (Western New England Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Western New England Bancorp Inc (NAS:WNEB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

489:Germany

Address

141 Elm Street, Westfield, MA, USA, 01085

Website

https://www.westfieldbank.com

Western New England Bancorp Inc through its bank subsidiary, provides a range of financial services to individuals and companies in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company's revenues, profits, and assets are derived by the Bank from banking products and services.

Executives

Steven G. Richter	director	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01144
Miles Allen J Iii	officer: EVP & Senior Lender	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Filipe B Goncalves	officer: SVP & Associate CCO	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Laura Benoit	director	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
John E Bonini	officer: SVP, General Counsel	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Kevin C O'connor	officer: EVP & Chief Banking Officer	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Guida R Sajdak	officer: EVP & Chief Financial Officer	70 CENTER STREET, CHICOPEE MA 01013
James C Hagan	director, officer: President and CEO	C/O WESTFIELD FINANCIAL INC, 141 ELM STREET, WESTFIELD MA 01085
Daniel A Marini	officer: SVP Retail Banking & Marketing	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Gorman Louis O Iii	officer: SVP & Chief Credit Officer	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Philip R Smith	director	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Darlene M Libiszewski	officer: SVP, Chief Information Officer	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Christine Phillips	officer: SVP, HR Director	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01086
Gregg F Orlen	director	C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013
William D Masse	director	C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013