James Hagan - Western New President CEO, Director

WNEB Stock  USD 6.42  0.10  1.53%   

CEO

Mr. James C. Hagan is President, Chief Executive Officer, Director of Westfield Financial Inc. Mr. Hagan served as Chief Operating Officer of the Company and Westfield Bank from June 2005 until December 2008. Prior to that, he served as Senior Vice President and Commercial Loan Department Manager of Westfield Bank from 1998. From 1994 through 1998, Mr. Hagan was a Vice President at Westfield Bank. Prior to 1994, Mr. Hagan worked as a commercial lender and manager at other New England based banking institutions. He received a BS from Westfield State College and received a Masters of Business Administration from American International College since 2009.
Age 63
Tenure 15 years
Address 141 Elm Street, Westfield, MA, United States, 01085
Phone413 568 1911
Webhttps://www.westfieldbank.com
Hagan’s expertise in credit administration, commercial lending and management through his various roles within the Company and within other New England based banking institutions provides him with the qualifications and skills to serve as a director.

Western New Management Efficiency

As of May 4, 2024, Return On Tangible Assets is expected to decline to 0. In addition to that, Return On Capital Employed is expected to decline to 0.01. At present, Western New's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 2.6 B, whereas Total Assets are forecasted to decline to about 1.6 B. Western New's management efficiency ratios could be used to measure how well Western New manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 164.93 M in liabilities with Debt to Equity (D/E) ratio of 0.52, which is about average as compared to similar companies. Debt can assist Western New until it has trouble settling it off, either with new capital or with free cash flow. So, Western New's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western New England sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western New's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 6 records

CEO Age

Martin PlourdCommunity West Bancshares
65
John DAngeloInvestar Holding Corp
64
Christopher CourtneyOak Valley Bancorp
61
John RileyCullman Bancorp
45
James KimCommunity West Bancshares
48
Martin BlessingCommerzbank AG PK
51
Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. Western New England Bancorp, Inc. was founded in 1853 and is headquartered in Westfield, Massachusetts. Western New operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 298 people. Western New England (WNEB) is traded on NASDAQ Exchange in USA. It is located in 141 Elm Street, Westfield, MA, United States, 01085 and employs 294 people. Western New is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

Western New England Leadership Team

Elected by the shareholders, the Western New's board of directors comprises two types of representatives: Western New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western New's management team and ensure that shareholders' interests are well served. Western New's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Western New's outside directors are responsible for providing unbiased perspectives on the board's policies.
Donna Damon, Independent Director
John Bonini, Senior Counsel
Allen III, Executive Lender
Louis Gorman, Vice President - Credit Administration, Chief Credit Officer
Nadia Baral, VP Compliance
Darlene Libiszewski, Senior Vice President CIO
James Hagan, President CEO, Director
Charles Sullivan, Independent Director
Laura Benoit, Independent Director
Deborah McCarthy, Vice President
Donald Williams, Independent Chairman of the Board
Allen Miles, Executive Vice President Chief Lending Officer
Carole Hinkley, Assistant Officer
Gary Fitzgerald, Director
Meghan Hibner, Controller VP
Gerald Ciejka, Vice President General Counsel, Director - Human Resources, Secretary
Christine Phillips, Senior Director
Lisa McMahon, Independent Director
Daniel Marini, Senior Marketing
William Masse, Director
Paul Picknelly, Director
Christos Tapases, Independent Director
Cidalia Inacio, Senior Vice President of Retail Banking
William Wagner, Vice Chairman of the Board
Leo Sagan, CFO, Treasurer
Gregg Orlen, Director
Guida Sajdak, CFO, Executive Vice President Treasurer
Kevin Sweeney, Independent Director
Philip Smith, Independent Director
Steven Richter, Independent Director
Kevin OConnor, Vice President - Retail Banking

Western Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Western New a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Western New England offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western New's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western New England Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western New England Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western New England. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Western New England information on this page should be used as a complementary analysis to other Western New's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Western Stock analysis

When running Western New's price analysis, check to measure Western New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western New is operating at the current time. Most of Western New's value examination focuses on studying past and present price action to predict the probability of Western New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western New's price. Additionally, you may evaluate how the addition of Western New to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Western New's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western New. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Dividend Share
0.28
Earnings Share
0.6
Revenue Per Share
3.504
Quarterly Revenue Growth
(0.15)
The market value of Western New England is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western New's value that differs from its market value or its book value, called intrinsic value, which is Western New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western New's market value can be influenced by many factors that don't directly affect Western New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.