Winchester Bancorp, Inc. (WSBK) AI Stock Analysis

• Market Cap: $98.75M
• Dividend Yield: N/A
• Average Volume (3M): 6.40K
• Price to Earnings (P/E): ―
• Beta (1Y): >-0.01
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 71
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): N/A
• Shares Outstanding: 9,295,376
• 10 Day Avg. Volume: 4,279
• 30 Day Avg. Volume: 6,403
• PEG Ratio: 0.45
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 1.86
• P/FCF Ratio: 37.95
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 2.14
• Enterprise Value/Gross Profit: 4.82
• Enterprise Value/Ebitda: 13.07
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: $11.00 ▼(-1.79% Downside)

Winchester Bancorp's overall stock score reflects a mixed financial performance with positive cash flow but concerning profitability and leverage. Technical indicators are neutral, and the lack of valuation data limits assessment. The absence of earnings call and corporate events data further impacts the overall evaluation.

Positive Factors

Free Cash Flow Improvement

A large jump in free cash flow and a near-1.0 FCF-to-net-income ratio materially improves financial flexibility. Durable cash generation supports loan origination, liquidity buffers, modest capital returns or reinvestment, and reduces near-term reliance on external funding.

Steady Revenue Growth

Consistent revenue growth near 5% shows ongoing demand for lending and banking services in the franchise. Sustained top-line growth underpins gradual balance sheet expansion, helps offset margin pressure, and provides a foundation for incremental investment in service offerings.

Diversified Bank Revenue Model

A mix of interest income across retail, commercial and mortgage loans plus fee income diversifies earnings drivers. That structural mix reduces reliance on any single product, supports cross-selling, and helps stabilize net revenue through credit cycles and rate shifts.

Negative Factors

Negative Profitability and Margins

Persistently negative margins indicate core operations are not generating sufficient profit to cover costs. Over the medium term this impairs internal capital accumulation, limits reinvestment capacity, and forces either cost restructuring or reliance on external capital to restore profitability.

High Leverage

Elevated leverage increases sensitivity to asset-quality shocks and interest-rate moves. Negative ROE shows shareholder capital erosion, while a modest equity ratio offers limited loss-absorption. This structural risk can constrain lending growth and raise funding costs over months.

Weak Cash Conversion Quality

Low conversion of reported earnings into operating cash raises concerns about earnings quality or timing differences. Over time this can pressure liquidity, limit the bank's ability to fund loans or dividends internally, and increase dependence on wholesale funding.

Winchester Bancorp, Inc. Business Overview & Revenue Model

Company Description

Winchester Bancorp, Inc. operates as the bank holding company for Winchester Savings Bank, offering a range of banking products and services in Massachusetts. The company provides various deposit accounts, including checking, savings, money market, and certificates of deposit. It also offers loans such as residential and commercial real estate loans, construction loans, home equity loans and lines of credit, commercial business loans, and consumer loans. Additionally, the company invests in securities.

How the Company Makes Money

Winchester Bancorp generates revenue primarily through the interest income earned on loans and investments. The company's key revenue streams include interest from personal, commercial, and mortgage loans, as well as income from securities and other financial instruments. Additionally, Winchester Bancorp earns non-interest income from service fees, account maintenance charges, and transaction fees associated with its banking services. The bank may also engage in strategic partnerships with local businesses and organizations, enhancing its service offerings and expanding its customer base, which can contribute to overall earnings.

Winchester Bancorp, Inc. Financial Statement Overview

Summary

Winchester Bancorp shows mixed financial performance with revenue growth and strong cash flow generation. However, profitability and leverage are concerning, with negative profit margins and a high debt-to-equity ratio.

Income Statement

Winchester Bancorp's income statement reveals a mixed performance. The company experienced a revenue growth rate of 4.77% in the latest period, indicating some positive momentum. However, profitability metrics are concerning, with a negative net profit margin of -1.96% and negative EBIT and EBITDA margins, reflecting operational challenges and inefficiencies.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 1.27, suggesting significant leverage, which could pose risks if not managed properly. The return on equity is negative at -0.76%, indicating that the company is not generating sufficient returns on its equity base. However, the equity ratio of 12.15% suggests a reasonable level of equity relative to total assets.

Cash Flow

Cash flow analysis shows a strong free cash flow growth rate of 475.46%, indicating improved cash generation capabilities. The operating cash flow to net income ratio is low, suggesting potential issues in converting income into cash. However, the free cash flow to net income ratio of 0.88 indicates that the company is generating cash relative to its net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023
Income Statement
Total Revenue	45.71M	44.51M	36.33M	25.78M
Gross Profit	20.25M	17.25M	15.32M	17.26M
EBITDA	7.47M	-683.00K	1.50M	6.26M
Net Income	720.00K	-874.00K	786.00K	4.16M
Balance Sheet
Total Assets	1.01B	949.38M	852.97M	750.63M
Cash, Cash Equivalents and Short-Term Investments	56.38M	80.51M	75.20M	79.15M
Total Debt	164.00M	147.00M	129.47M	91.70M
Total Liabilities	888.22M	834.03M	772.68M	673.59M
Stockholders Equity	116.99M	115.35M	80.29M	77.05M
Cash Flow
Free Cash Flow	3.93M	2.18M	-1.09M	4.74M
Operating Cash Flow	4.16M	2.46M	231.00K	437.00K
Investing Cash Flow	-112.97M	-86.73M	-105.18M	-121.75M
Financing Cash Flow	129.32M	95.39M	96.89M	110.31M

Winchester Bancorp, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AUBN	69 Neutral	$86.85M	11.98	8.22%	4.16%	24.17%	739.42%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
IROQ	65 Neutral	$90.89M	16.97	6.20%	1.48%	1.93%	157.35%
PROV	64 Neutral	$104.62M	16.26	4.68%	3.50%	0.99%	-16.23%
WSBK	54 Neutral	$98.75M	―	―	―	―	―
PBHC	54 Neutral	$84.47M	-14.35	2.26%	2.86%	0.84%	―
FNWB	50 Neutral	$98.69M	-21.48	-4.68%	2.88%	8.02%	21.36%