NEBS New England Bancshares, Inc. featured news, full reports, and detailed charts
New England Bancshares, Inc. (NEBS) Wrap Up:
New England Bancshares, Inc. New England Bancshares, Inc. (the "Company") is a Maryland corporation, which was organized in 2005. In December 2005, New England Bancshares, Inc. became the holding company parent of Enfield Federal Savings following the completion of the "second-step" mutual-to-stock conversion of Enfield Mutual Holding Company. Reference is made to "New England Bancshares" or the "Company" for periods both before and after the second-step conversion. The principal asset of the Company is its investment in Enfield Federal Savings and Loan Association (the "Association" or "Enfield Federal"). In the second-step conversion, the Company sold 3,075,855 shares resulting in net proceeds of $27.2 million, of which $12.2 million was retained as capital by the Company and $15.0 million was infused as capital into the Association. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f06%2f25%2f0000914317-07-001760.html#FIS_BUSINESS"www.enfieldfederal.com
98 Employees
Founded in 1916
New England Bancshares Inc. (NEBS:NASDAQ)
LAST $4.85 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 19, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of New England Bancshares Inc. (NEBS)
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OPEN
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PREVIOUS CLOSE
$4.85
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
11/20/08 - $9.10
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52 WEEK LOW
11/17/09 - $4.75
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MARKET CAP
31.0M
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AVERAGE VOLUME 3 mo
3.4K
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DILUTED EPS TTM
$-0.03
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SHARES OUTSTANDING
6.4M
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EX-DATE
11/23/09
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P/E TTM
NM
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DIVIDEND
$0.08
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DIVIDEND YIELD
1.65%
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| K = Thousands M = Millions B = Billions | ||
NEBS Top Compensated Officers
Mr. David J. O'Connor
Chief Executive Officer, President, Non-Execu...
Age: 62
Total Annual Compensation: $342.5K
Mr. Scott D. Nogles
Chief Financial Officer, Principal Accounting...
Age: 39
Total Annual Compensation: $171.0K
Mr. John F. Parda
Chief Loan Officer, Executive Vice President,...
Age: 60
Total Annual Compensation: $145.0K
Executives, Board Directors
Compensation as of Fiscal Year 2009.
Key developments for New England Bancshares Inc. (NEBS)
New England Bancshares Inc. Reports Un-Audited Earnings Results for the Second Quarter and Six Months Ended September 30, 2009
10/28/2009
New England Bancshares Inc. reported un-audited earnings results for the second quarter and six months ended September 30, 2009. The bank reported net income for the quarter ended September 30, 2009 of $0.301 million or $0.05 per diluted share as compared to a net loss of $2.0 million, or $0.35 per diluted share, reported for the same quarter a year ago. Net interest and dividend income was $4.665 million against $3.955 million of previous year period. Return on average assets was 0.18% compared to negative 1.48% of previous year period. Return on average equity was 1.79% against negative 11.76% for the same period a year ago. Net income for the six months ended September 30, 2009 totaled $0.120 million or $0.02 per diluted share, compared to a net loss of $1.5 million, or $0.27 per diluted share, for the same period last year. Net interest and dividend income was $8.548 million against $7.832 million of previous year period. Book value per share was $10.61 compared to $10.83 for the same period last year. Tangible book value per share was $7.68 against $7.98 for the comparable period last year. Return on average assets was 0.04% compared to negative 0.58% of previous year period. Return on average equity was 0.36% against negative 4.53% for the same period a year ago.
New England Bancshares Announces Cash Dividend for the Quarter Ended June 30, 2009, Payable on September 18, 2009
08/19/2009
New England Bancshares Inc. announced that its Board of Directors declared a cash dividend for the quarter ended June 30, 2009 of $0.02 per share. The cash dividend will be payable on September 18, 2009 to stockholders of record on August 28, 2009.
New England Bancshares Inc. Announces Cash Dividend, Payable on September 18, 2009
08/10/2009
New England Bancshares Inc. announced that the company's Board of Directors declared a cash dividend for the quarter ended June 30, 2009 of $0.02 per share. The cash dividend will be payable on September 18, 2009 to stockholders of record on August 28, 2009.
NEBS Competitors
| Company | Last | Change |
| Carver Bancorp Inc | $8.01 USD | -0.0192 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | NEBS | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.0x |
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| Price/Book | 0.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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NEBS |
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NEBS transactions
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| No transactions in the last 6 months. | ||
More Recent News About New England Bancshares, Inc.
More news for NEBS
NEW ENGLAND BANCSHARES, INC. Files SEC form 8-K, Results of Operations and Financial Condition
Show all filings for NEW ENGLAND BANCSHARES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for NEW ENGLAND BANCSHARES, INC. 11-Aug-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for in...Click here to read the whole Article (external link)
NEW ENGLAND BANCSHARES, INC. Files SEC form 8-K, Results of Operations and Financial Condition
Show all filings for NEW ENGLAND BANCSHARES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for NEW ENGLAND BANCSHARES, INC. 3-Aug-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for in...Click here to read the whole Article (external link)
New England Bancshares, Inc. Reports Income for the Three and Six Months Ended September 30, 2009
ENFIELD, Conn.--(BUSINESS WIRE)--New England Bancshares, Inc. (the “Companyâ€) (NASDAQ GM: NEBS), the holding company for New England Bank, reported net income for the quarter ended September 30, 2009 of $301,000, or $0.05 per diluted share as compared to a net loss of $2.0 million, or $0.35 per diluted share, reported for the same quarter a year ago. Net income for the six months ended September 30, 2009 totaled $120,000, or $0.02 per diluted share, compared to a net loss of $1.5 million, or $0.27 per diluted share, for the same period last year. President’s Comments:“We continue to aggressively recognize and process any problem assets, which will allow the Company to be well positioned once the economy recovers,†said David J. O’Connor, President and CEO. “While we are not completely out of the economic downturn, it appears that the acceleration of delinquent and problem loans is slowing. Additionally, the acquisition of Apple Valley Bank & Trust is accretive to earnings per share this quarter. Our focus continues to be on expanding our core business, controlling expenses and increasing the Company’s book value and earnings per share.â€Key Balance Sheet Changes at September 30, 2009 compared to March 31, 2009:The September 30, 2009 balance sheet includes amounts from the acquisition of Apple Valley Bank & Trust, which was completed on June 8, 2009.Key Items for the Six Months Ended September 30, 2009:Asset Quality:Total nonaccrual loans were $12.2 million at September 30, 2009, an increase of $233,000 from $11.9 million at March 31, 2009. In addition, the Bank had $922,000 in ...Click here to read the whole Article (external link)
NEW ENGLAND BANCSHARES, INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
NEW ENGLAND BANCSHARES, INC. Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Conditions and Results of Operations. The following analysis discusses changes in the financial condition and results of operations at and for the three months ended June 30, 2009 and 2008, and should be read in conjunction with the Company's Condensed Consolidated Financial Statements and the notes thereto, appearing in Part I, Item 1 of this document. Forward-Looking Statements This report contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and is including this statement for purposes of these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations of the Company, are generally identified by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project" or similar expressions. By identifying these forward-looking statements for you in this manner, we are alerting you to the possibility that our actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Important factors that could cause our actual results and financial condition to differ from those indicated in the forward-looking statements include, among others, those discussed under "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K and Part II, Item 1A of this Report on Form 10-Q, as well as the following factors: interest rate...Click here to read the whole Article (external link)
New England Bancshares, Inc. Announces Cash Dividend
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
NEW ENGLAND BANCSHARES, INC. Files SEC form 8-K, Results of Operations and Financial Condition
Show all filings for NEW ENGLAND BANCSHARES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for NEW ENGLAND BANCSHARES, INC. 29-Oct-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for in...Click here to read the whole Article (external link)
CORRECTING and REPLACING New England Bancshares, Inc. Announces Cash Dividend
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
NEW ENGLAND BANCSHARES, INC. Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Conditions and Results of Operations. The following analysis discusses changes in the financial condition and results of operations at and for the three and six months ended September 30, 2009 and 2008, and should be read in conjunction with the Company's Condensed Consolidated Financial Statements and the notes thereto, appearing in Part I, Item 1 of this document. Forward-Looking Statements This report contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and is including this statement for purposes of these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations of the Company, are generally identified by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project" or similar expressions. By identifying these forward-looking statements for you in this manner, we are alerting you to the possibility that our actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Important factors that could cause our actual results and financial condition to differ from those indicated in the forward-looking statements include, among others, those discussed under "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K and Part II, Item 1A of this Report on Form 10-Q, as well as the following f...Click here to read the whole Article (external link)
NEW ENGLAND BANCSHARES, INC. Files SEC form 8-K, Results of Operations and Financial Condition
Show all filings for NEW ENGLAND BANCSHARES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for NEW ENGLAND BANCSHARES, INC. 10-Nov-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for in...Click here to read the whole Article (external link)
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