WSBK
Winchester Bancorp, Inc. Common StockFinancial Services·Banks - Regional
$12.70
$114M market cap
Revenue
$49.6M
Free Cash Flow
$6.1M
Rev Growth
+0.0%
FCF Margin
12.4%
P/FCF
18.6x
EV/FCF
26.4x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
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 secu
2-Year Price History
$12.68+36.3%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q3 | 12.9 | 1.5 | 1.5 | 1.2 | 1.4 | 1.4 | -0.0 | 98.9 | 146.9 | 9.0 | 2.5% | 0.2x | 47.1x |
| Act | 2026-Q2 | 12.8 | 1.7 | 1.4 | 1.1 | 1.6 | 1.6 | -0.0 | 95.2 | 143.6 | 9.0 | 2.4% | 0.3x | -- |
| Act | 2026-Q1 | 12.0 | 1.5 | 1.3 | 1.0 | 1.4 | 1.4 | -0.0 | 56.4 | 164.0 | 9.0 | 1.9% | 0.3x | -- |
| Act | 2025-Q4 | 12.0 | -1.3 | -1.5 | -0.9 | 1.9 | 1.9 | -0.0 | 80.5 | 147.0 | 9.3 | -2.1% | -0.2x | -- |
Historical Valuation
Multiples vs the company's own history — cheap or rich relative to itself? Historical fiscal years, then TTM, then forward projections (E). Forward rows hold today's price against projected earnings, so the multiple compresses if the company grows into it.
| Year | Price | Rev Gr | EBITDA % | EBITDA | EV/EBITDA | EV/FCF | P/E | P/S |
|---|---|---|---|---|---|---|---|---|
| TTM | 12.70 | 0.0% | 6.9% | 3 | 0.0× | 0.0× | 0.0× | 0.0× |
EBITDA in reporting-currency $M. Historical multiples use year-end market cap (split-adjusted price history); TTM & forward years use today's.
Valuation & Metrics
Market Stats
Price$12.70
Market Cap$114M
Enterprise Value$162M
P/S Ratio2.3x
P/FCF18.6x
EV/FCF26.4x
FCF Margin (TTM)12.4%
FCF Yield5.4%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$49.6M
Net Income$2.3M
Free Cash Flow$6.1M
Revenue Growth (YoY)+0.0%
EBITDA Margin6.9%
Net Margin4.6%
FCF Margin12.4%
CapEx % of Revenue0.1%
SBC % of Revenue0.0%
ROIC1.2%
WC Change % Rev-0.6%
Interest Coverage0.1x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover3.3
Change (vs Prior)-15.0%
Need at least 2 settlement dates for chart
Employees
Headcount71
Revenue / Employee$699,056
Gross Profit / Employee$334,873
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
5.9%(+1.7% YoY)
15 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
2.4%(+1.7% YoY)
3 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-0.0% YoY)
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| MANGROVE PARTNERS | $2.4M | $9.01 | +$0 | +$2.4M | +1.6% | $1.23B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $2.3M | $12.70 | +$2.3M | +$2.3M | — | $4.04T |
| Northstar Financial Companies, Inc. | $889K | $9.55 | +$0 | +$889K | +1.0% | $126M |
| Integrated Wealth Concepts LLC | $724K | $9.00 | +$0 | +$724K | -0.1% | $12.54B |
| Oppenheimer & Close, LLC | $635K | $8.95 | +$0 | +$635K | +1.0% | $159M |
| RENAISSANCE TECHNOLOGIES LLC | $394K | $10.78 | +$57K | +$394K | +1.2% | $63.91B |
| M3F, Inc. | $312K | $9.69 | −$1.5M | +$312K | +1.5% | $404M |
| VANGUARD FIDUCIARY TRUST COPassive | $287K | $12.70 | +$287K | +$287K | — | $395.83B |
| ALLIANCEBERNSTEIN L.P. | $258K | $10.45 | +$0 | +$258K | -0.3% | $307.70B |
| RAYMOND JAMES FINANCIAL INC | $254K | $8.95 | +$0 | +$254K | -0.0% | $322.69B |
| Steward Partners Investment Advisory, LLC | $243K | $9.87 | +$0 | +$243K | -0.2% | $19.55B |
| EagleClaw Capital Managment, LLC | $203K | $8.95 | +$0 | +$203K | -0.2% | $714M |
| LPL Financial LLC | $197K | $8.95 | +$0 | +$197K | -0.2% | $372.65B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $177K | $9.16 | −$160K | +$177K | +2.3% | $1.61T |
| MILLENNIUM MANAGEMENT LLC | $147K | $8.95 | −$58K | +$147K | -0.5% | $127.40B |
| MORGAN STANLEY | $51K | $9.55 | +$0 | +$51K | -0.3% | $1.65T |
| EASTERN BANK | $32K | $9.55 | +$0 | +$32K | -0.1% | $5.82B |
| Tower Research Capital LLC (TRC)MM | $4K | $9.17 | +$0 | +$4K | -0.6% | $3.84B |
| UBS Group AG | $2K | $8.99 | +$2K | +$2K | -0.3% | $562.11B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
+0.89%
avg per quarter
Holders (ex-self)
+0.88%
excl. this stock
Buyers (this Q)
+1.20%
5 buyers · $0.00B in
Sellers (this Q)
+1.45%
3 sellers · $0.00B out
alpha coverage: 73% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-1.9%
how holders react when this stock falls
On quiet Qs
+2.0%
−10% to +10% baseline
On rallies (+10%+)
-19.6%
how they react when this stock rises
Holders' portfolio flow this Q
+6.6%
inflows — adds are organic
Sellers' portfolio flow this Q
+3.2%
Sellers grew AUM elsewhere — opinionated cut of this stock.
Biggest decreases this quarter
New buyers this quarter
Top-5 holders · 73.0%
MANGROVE PARTNERS--
VANGUARD CAPITAL MANAGEMENT LLC--
Northstar Financial Companies, Inc.--
Integrated Wealth Concepts LLC--
Oppenheimer & Close, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
MANGROVE PARTNERS186KM3F, Inc.25KNorthstar Financial Companies, Inc.70KM3 Wealth Management, LLC—Integrated Wealth Concepts LLC57KOppenheimer & Close, LLC50KRENAISSANCE TECHNOLOGIES LLC31KCITADEL ADVISORS LLC—ALLIANCEBERNSTEIN L.P.25KRAYMOND JAMES FINANCIAL INC20K
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$143K
5 txns · 4 insiders · 11,435 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-05-21 | BUY | Carroll John A | director, officer: President & CEO | 50 | $12.75 | $638 | $638 |
| 2026-05-07 | BUY | Snow John Ingalls III | director | 1,725 | $12.79 | $22K | $252K |
| 2026-05-05 | BUY | Snow John Ingalls III | director | 6,110 | $12.87 | $79K | $240K |
| 2026-05-01 | BUY | Boodakian Stephen Harry | director | 2,500 | $12.93 | $32K | $32K |
| 2025-06-10 | BUY | Hood William Preston | director | 1,050 | $9.21 | $10K | $470K |
Order Flow (FINRA, ~3w lag)
37.0%retail-20.7pp
1.7%dark-2.7pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
WINCHESTER BANCORP, INC.: Accounting Methodology Shift Masks Tepid Operating Performance
Overall Risk
5/10
Fraud
3/10
Dilution
4/10
Insolvency
4/10
Earnings Overstated
6/10
Hidden Liabilities
3/10
Legal
2/10
Audit Warnings
2/10
Hidden Upside
4/10
Contextually Acceptable
8/10