BofI (NASDAQ: WNEB) and Western New England Bancorp (NASDAQ:WNEB) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, risk, earnings, profitability, valuation and dividends.
Volatility and Risk
BofI has a beta of 0.24, meaning that its share price is 76% less volatile than the S&P 500. Comparatively, Western New England Bancorp has a beta of 0.29, meaning that its share price is 71% less volatile than the S&P 500.
Western New England Bancorp pays an annual dividend of $0.16 per share and has a dividend yield of 1.5%. BofI does not pay a dividend. Western New England Bancorp pays out 32.0% of its earnings in the form of a dividend.
This table compares BofI and Western New England Bancorp’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Western New England Bancorp||14.08%||6.48%||0.76%|
Earnings and Valuation
This table compares BofI and Western New England Bancorp’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|BofI||$546.02 million||4.22||$152.41 million||$2.48||14.80|
|Western New England Bancorp||$82.54 million||3.91||$12.32 million||$0.50||21.70|
BofI has higher revenue and earnings than Western New England Bancorp. BofI is trading at a lower price-to-earnings ratio than Western New England Bancorp, indicating that it is currently the more affordable of the two stocks.
This is a breakdown of recent ratings and price targets for BofI and Western New England Bancorp, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Western New England Bancorp||0||3||1||0||2.25|
BofI presently has a consensus price target of $41.33, suggesting a potential upside of 12.62%. Western New England Bancorp has a consensus price target of $11.63, suggesting a potential upside of 7.14%. Given BofI’s stronger consensus rating and higher probable upside, equities analysts clearly believe BofI is more favorable than Western New England Bancorp.
Insider & Institutional Ownership
75.7% of BofI shares are owned by institutional investors. Comparatively, 55.5% of Western New England Bancorp shares are owned by institutional investors. 6.2% of BofI shares are owned by insiders. Comparatively, 5.4% of Western New England Bancorp shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
BofI beats Western New England Bancorp on 13 of the 16 factors compared between the two stocks.
BofI Holding, Inc. operates as the holding company for BofI Federal Bank that provides consumer and business banking products in the United States. The company offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts. It also provides single family and multifamily mortgage secured lending products; commercial real estate secured and commercial lending products; specialty finance factoring products; prime loans to customers secured by new and used automobiles; and term unsecured personal loans to individual borrowers, as well as overdraft lines of credit. In addition, the company offers prepaid card and refund transfer, debit card or ATM card, portfolio management, online bill payment, money transfer, overdraft protection, online and mobile banking, and text message banking services. BofI Holding, Inc. was incorporated in 1999 and is based in San Diego, California.
About Western New England Bancorp
Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides community banking products and services to individuals and businesses. The company accepts various deposit accounts, including time deposits, money market accounts, savings accounts, demand accounts, and interest bearing checking accounts. It also offers commercial and industrial loans comprising business installment loans, vehicle and equipment financing, lines of credit, and other commercial loans; commercial real estate loans to finance the purchase of apartment buildings, business properties, and multi-family investment properties; construction loans to the developers of commercial and residential properties; residential real estate loans and originations; home equity loans; and consumer loans. In addition, the company provides complementary commercial products and services consisting of commercial deposit accounts, cash management services, Internet banking, sweep accounts, ATM network, and night deposit services; and invests in government-sponsored enterprise debt securities and municipal bonds. It operates a network of 21 banking offices located in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Ludlow, South Hadley, Southwick, Springfield, Ware, West Springfield, and Westfield, Massachusetts, Granby and Enfield, and Connecticut. The company was formerly known as Westfield Financial, Inc. and changed its name to Western New England Bancorp, Inc. in October 2016. Western New England Bancorp, Inc. was founded in 1853 and is headquartered in Westfield, Massachusetts.
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