Last $26.05 USD
Change Today 0.00 / 0.00%
Volume 0.0
WEFP On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 09/15/14 All times are local (Market data is delayed by at least 15 minutes).

wells financial corp (WEFP) Snapshot

Open
$26.00
Previous Close
$26.05
Day High
$26.05
Day Low
$26.00
52 Week High
09/15/14 - $26.05
52 Week Low
10/17/13 - $21.00
Market Cap
20.5M
Average Volume 10 Days
1.4K
EPS TTM
$1.20
Shares Outstanding
786.5K
EX-Date
09/3/14
P/E TM
21.7x
Dividend
$0.60
Dividend Yield
2.30%
Current Stock Chart for WELLS FINANCIAL CORP (WEFP)

Related News

No related news articles were found.

wells financial corp (WEFP) Related Businessweek News

No Related Businessweek News Found

wells financial corp (WEFP) Details

Wells Financial Corp. operates as the holding company for Wells Federal Bank that offers various banking services. It generates various deposit products comprising checking accounts, savings accounts, NOW and money market accounts, demand deposits, certificates of deposit, retirement accounts, business checking and savings, health savings accounts, and business loans and lines of credit. The company also provides residential loans, commercial real estate and construction loans, agricultural real estate and operating loans, home equity loans, and other consumer loans. As of December 31, 2008, it had nine full service offices located in Faribault, Martin, Blue Earth, Nicollet, Freeborn, and Steele Counties, Minnesota, as well as one loan origination office in Dakota County, Minnesota. In addition, Wells Financial Corp. operates as an insurance agency that sells property, casualty, life, and health insurance products, as well as investment products, including mutual funds. The company was founded in 1934 and is headquartered in Wells, Minnesota.

wells financial corp (WEFP) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

wells financial corp (WEFP) Key Developments

Wells Financial Corp. Announces Quarterly Cash Dividend, Payable on September 19, 2014

Wells Financial Corp. announced that on August 19, 2014 the Board of Directors declared a quarterly cash dividend of $0.15 per share, payable on September 19, 2014 to shareholders of record on September 5, 2014.

Wells Financial Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Wells Financial Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's total interest income was $2,137,000 compared to $2,082,000 a year ago. Net interest income was $1,983,000 compared to $1,875,000 a year ago. Net interest income after provision for loan losses was $1,833,000 compared to $1,875,000 a year ago. Income before income taxes was $159,000 compared to $685,000 a year ago. Net income was $96,000 compared to $386,000 a year ago. When comparing the second quarter of 2014 with the second quarter of 2013, the decrease in net income was due, primarily, to a decrease of $183,000, or 17.2%, in noninterest income and an increase of $301,000, or 13.4%, in noninterest expense. Diluted earnings per share was $0.13 compared to $0.50 a year ago. Return on average equity was 1.5% compared to 5.9% a year ago. Return on average assets was 0.2% compared to 0.6% a year ago. Book value per share as on June 30, 2014 was $34.83 compared to $33.83 a year ago. For the six months, the company's total interest income was $4,248,000 compared to $4,221,000 a year ago. Net interest income was $3,934,000 compared to $3,793,000 a year ago. Net interest income after provision for loan losses was $3,614,000 compared to $3,418,000 a year ago. Income before income taxes was $578,000 compared to $1,067,000 a year ago. Net income was $347,000 compared to $615,000 a year ago. The decrease in net income is due, primarily, to a decrease of $491,000, or 21.6%, in noninterest income which resulted, primarily, from fewer residential mortgage loans being originated and sold to the secondary market during 2014. Diluted earnings per share was $0.45 compared to $0.80 a year ago. Return on average equity was $2.6% compared to 4.7% a year ago. Return on average assets was $0.3% compared to 0.5% a year ago.

Wells Financial Corp. Announces Quarterly Cash Dividend, Payable on June 20, 2014

Wells Financial Corp. announced that on May 20, 2014 the Board of Directors declared a quarterly cash dividend of $0.15 per share, payable on June 20, 2014 to shareholders of record on June 6, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WEFP:US $26.05 USD 0.00

WEFP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for WEFP.
View Industry Companies
 

Industry Analysis

WEFP

Industry Average

Valuation WEFP Industry Range
Price/Earnings 21.9x
Price/Sales 1.8x
Price/Book 0.7x
Price/Cash Flow 22.5x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WELLS FINANCIAL CORP, please visit www.wellsfinancialcorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.