Wellesley Bancorp Inc (NASDAQ:WEBK) Director Kathryn M. Hinderhofer acquired 475 shares of the company’s stock in a transaction dated Monday, November 5th. The stock was purchased at an average cost of $31.84 per share, with a total value of $15,124.00. Following the completion of the purchase, the director now directly owns 4,175 shares of the company’s stock, valued at approximately $132,932. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Shares of NASDAQ WEBK remained flat at $$31.50 during trading on Thursday. The stock had a trading volume of 2 shares, compared to its average volume of 2,359. Wellesley Bancorp Inc has a twelve month low of $26.30 and a twelve month high of $34.50. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.10 and a quick ratio of 1.09. The firm has a market capitalization of $79.23 million, a PE ratio of 14.00 and a beta of 0.45.
Wellesley Bancorp (NASDAQ:WEBK) last issued its quarterly earnings data on Thursday, October 25th. The bank reported $0.62 earnings per share for the quarter. Wellesley Bancorp had a return on equity of 9.28% and a net margin of 13.33%. The business had revenue of $6.83 million during the quarter.
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About Wellesley Bancorp
Wellesley Bancorp, Inc operates as the bank holding company for Wellesley Bank that provides various financial services to individuals, non-profit organizations, small businesses, and other entities in eastern Massachusetts. Its deposit products include noninterest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts comprising negotiable order of withdrawal and money market accounts; savings accounts; and certificates of deposit.
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