Company Data

Wellesley Bancorp Inc.

Ticker
WEBK
Current Price
$34
Market Cap
$89.3M
Price Target
Refer to Report
52wk Range
$22.785 - $45.9699
Advanced Market Data

Overview

Wellesley Bancorp Inc operates as a community-oriented financial institution. It offers traditional financial services to consumers and businesses in market areas of Wellesley, Newton, Needham, Cambridge, Boston, and the surrounding communities. The company attract deposits from the general public and use those funds to originate primarily residential mortgage loans, commercial real estate loans and construction loans, commercial business loans, and, to a lesser extent, home equity lines of credit and other consumer loans. It conducts lending and deposit activities primarily with individuals and small businesses. In addition, the company also provide investment management services for high net worth individuals, families, businesses, nonprofit organizations, foundations, and trusts.

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