BNET Industries
Last Fiscal Year Sales:$40.2M
- Public
- US
Dow Jones Description
Created nearly 150 years before the new millennium, this company was way ahead of its time. Founded in 1858 and headquartered in New Milford, CT, NewMil Bancorp, Inc. (NASDAQ: NMIL) is the holding company for NewMil Bank. With 20 branches throughout Connecticut, the bank offers checking, savings, and CDs. Its loan portfolio is predominately made up of real estate mortgages, though it also offers commercial loans. The bank had 2005 revenue of about $44 million and employs approximately 185 people. In 2005 the bank was selected to join the new Russell MicrocapTM Index, comprised of the smallest 1,000 securities in the small-cap Russell 2000TM Index, along with the next smallest 1,000 companies.
Executive Vice President
Terrence J ShannonNumber of Employees 167
Peer Companies
NAICS Code Savings Institutions: 522120
News & Analysis
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newmil bancorp inc. - All News and Analysis
Webster Financial Acquires NewMil Bancorp for 3.87 Times Revenue
- 2006-10-30
The Deal: Webster Financial Corporation completed its acquisition of NewMil Bancorp early in October. Under the terms of the agreement between the companies, Webster acquired NewMil through a tax-deferred, stock-for-stock exchange for all outstanding shares of NewMil. Each share of NewMil was exchanged for $41 in Webster common stock, for...
NewMil Bancorp President & CEO to Ring NASDAQ Closing Bell On Friday, October 6 in New York City
- 2006-10-03
NEW MILFORD, Conn. -- Francis J. Wiatr, Chairman, President and Chief Executive Officer of NewMil Bancorp, Inc. (NASDAQ/GS:NMIL), will preside over The NASDAQ Stock Market Closing Bell ceremony on Friday, October 6 at 4 p.m. EDT. The event will be held at the NASDAQ MarketSite at 4 Times Square (on...
NewMil Bancorp Announces Results of Special Shareholder Meeting
- 2006-09-21
NEW MILFORD, Conn. -- NewMil Bancorp, Inc. (NASDAQ/NM:NMIL) announced that its shareholders approved the agreement and plan of merger with Webster Financial Corporation (NYSE: WBS), Waterbury, Connecticut at the Special Meeting of Shareholders held today. NewMil anticipates completion of the merger on October 6, 2006. NewMil Bancorp, Inc, headquartered...
NewMil Bancorp Reports Second Quarter Earnings and Progress toward Merger with Webster Financial; Announces $0.22 Quarterly Dividend
- 2006-07-19
NEW MILFORD, Conn. -- The Board of Directors of NewMil Bancorp, Inc. (NASDAQ/GS:NMIL) today announced results of its second quarter ended June 30, 2006. Diluted earnings were $0.45 for the second quarter ended June 30, 2006 versus $0.53 for the second quarter ended June 30, 2005. Net income for...
Fresh Ink
- 2006-06-01
1. Wachovia announced it would Golden West Financial Corp. in a stock-and-cash deal valued at $25 billion. Its purchase of the nation's second-largest savings and loan, based in Oakland, CA, gives the Charlotte bank a national presence. The deal is expected to close in the fourth quarter. 2. Webster Financial...
Webster to Acquire NewMil Bancorp, Deepens Its Connecticut Franchise
- 2006-04-25
NEW MILFORD, Conn. -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced that it has reached a definitive agreement to acquire NewMil Bancorp, Inc. (NASDAQ: NMIL), headquartered in New Milford, Connecticut. NewMil Bancorp is the holding company for NewMil Bank, a state-chartered savings bank...
NewMil Bancorp Reports First Quarter Earnings Per Share of $0.54; Announces $0.22 Quarterly Dividend
- 2006-04-25
NEW MILFORD, Conn. -- The Board of Directors of NewMil Bancorp, Inc. (NASDAQ/NM:NMIL) today announced results of its first quarter ended March 31, 2006. Diluted earnings per share increased 4% to $0.54 for the first quarter ended March 31, 2006 from $0.52 for the first quarter ended March 31,...
NewMil Bancorp Reports Record Earnings Per Share for 2005; Fourth Quarter Earnings Per Share Up 6%; Announces 10% Quarterly Dividend Increase to $0.22
- 2006-01-25
NEW MILFORD, Conn. -- The Board of Directors of NewMil Bancorp, Inc. (NASDAQ/NM:NMIL) today announced results of its fourth quarter and fiscal year ended December 31, 2005. Diluted earnings per share increased 8% to a record level of $2.10 for the twelve-month period ended December 31, 2005, compared to...
NewMil Bancorp Reports 6% Increase in Earnings Per Share; Announces $0.20 Quarterly Dividend
- 2005-10-19
NEW MILFORD, Conn. -- The Board of Directors of NewMil Bancorp, Inc. (NASDAQ/NM:NMIL) today announced results of its third quarter ended September 30, 2005. Diluted earnings per share increased 6% to $0.53 for the third quarter ended September 30, 2005 from $0.50 for the third quarter ended September 30,...
NewMil Bancorp Selected to Join New Russell Microcap Index
- 2005-07-27
NEW MILFORD, Conn. -- NewMil Bancorp, Inc. (NASDAQ/NM:NMIL), a leading independent community banking company, today announced that it had been selected to join the new Russell Microcap Index. The newly launched Russell Microcap Index, which debuted on July 1, is comprised of the smallest 1,000 securities in the small-cap...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Terrence J Shannon | Executive Vice President |
| Walker June | Vice President |
| Betty F. Pacocha | Secretary |
| Celia Pomerantz | |
| Rod Moore |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Suzanne L. Powers | Board of Directors |
| Syzanne L. Powers | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| NewMil Bancorp, Inc. | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| NewMil Bancorp, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| NewMil Bancorp, Inc. | Secretary | Current |
| NewMil Bank | Executive Vice President & Secretary | Former |
| NewMil Bancorp, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| NewMil Bancorp, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| NewMil Bancorp, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| NewMil Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| NewMil Bancorp, Inc. | Board of Directors | Current |
Industry Transcripts by Seeking Alpha
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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