Wellesley Bancorp (WEBK) Receiving Somewhat Positive Press Coverage, Report Finds
Media stories about Wellesley Bancorp (NASDAQ:WEBK) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Wellesley Bancorp earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.9849927562185 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Wellesley Bancorp (NASDAQ:WEBK) traded down $0.05 during trading hours on Tuesday, reaching $27.00. 1,500 shares of the company’s stock were exchanged, compared to its average volume of 1,891. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.11 and a current ratio of 1.11. Wellesley Bancorp has a one year low of $23.70 and a one year high of $28.25.
Wellesley Bancorp (NASDAQ:WEBK) last issued its quarterly earnings results on Thursday, October 26th. The bank reported $0.48 earnings per share (EPS) for the quarter. The company had revenue of $6.32 million for the quarter. Wellesley Bancorp had a net margin of 12.81% and a return on equity of 6.58%.
In other news, VP Eloise C. Thibault sold 1,000 shares of the business’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 of the company’s stock, valued at $25,150. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 15.30% of the company’s stock.
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.
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