WNEB

WESTFIELD, Mass. (AP) — WESTFIELD, Mass. (AP) — Western New England Bancorp (WNEB) on Tuesday reported net income of $4.8 million in its first quarter. The Westfield, Massachusetts-based bank said it had earnings of 24 cents per share. The bank holding company posted revenue of $33.7 million in the period. Its revenue net of interest expense was $22.3 million, which topped Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WNEB at https://www.zacks.com/ap/WNEB

WESTFIELD, Mass., April 28, 2026 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three months ended March 31, 2026. The Company reported net income of $4.8 million, or $0.24 per diluted share, for the three months ended March 31, 2026, compared to net income of $2.3 million, or $0.11 per diluted share, for the three months ended March 31, 2025. On a linked quarter basis, net income was $4.8 million, or $0.24 per diluted share, compared to net income of $5.2 million, or $0.26 per diluted share, for the three months ended December 31, 2025. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share on the Company’s common stock. The dividend will be payable on or about May 27, 2026 to shareholders of record on May 13, 2026. James C. Hagan, President and Chief Executive Officer, commented, “I am pleased to report the results for the first quarter of 2026. Our loan growth, strong and diversified core deposit base, along with our disciplined approach to managing funding costs resulted in an increase in the net interest margin to 2.95%. In the first quarter, core deposits and non-interest bearing deposits represented 70.2% and 25.1% of total deposits, respectively, while the average cost of deposits decreased to 1.72%. We continue to focus on extending credit within our markets and servicing the needs of our existing customer base while ensuring new opportunities present the appropriate levels of risk and return. Consistent with our prudent credit culture, we continue to proactively identify and manage credit risk within the loan portfolio. At March 31, 2026, our asset quality remained strong, with total delinquency at 0.14% of total loans, and total nonaccrual loans at 0.21% of total loans.” Hagan concluded, “We remain disciplined in our capital management strategies. During the three months ended March 31, 2026, we repurchased 186,000 shares of common stock and have 686,465 shares of common stock available for repurchase under the 2025 Repurchase Plan. We are pleased with our first quarter results and are committed to delivering long-term value to shareholders through capital management strategies, which include continued loan growth, share repurchases...

Western New England Bancorp (WNEB) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.29%. A quarter ago, it was expected that this bank holding company would post earnings of $0.21 per share when it actually produced earnings of $0.26, delivering a surprise of +23.81%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Western New England Bancorp, which belongs to the Zacks Banks - Foreign industry, posted revenues of $22.26 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.69%. This compares to year-ago revenues of $18.29 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Western New England Bancorp shares have added about 10.7% since the beginning of the year versus the S&P 500's gain of 4.8%. While Western New England Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Western New England Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the...

Western New England Bancorp (WNEB) reported $22 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 18.7%. EPS of $0.26 for the same period compares to $0.16 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $21.8 million, representing a surprise of +0.95%. The company delivered an EPS surprise of +23.81%, with the consensus EPS estimate being $0.21. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Western New England Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 2.9% versus 2.9% estimated by two analysts on average. Efficiency ratio: 72.1% versus the two-analyst average estimate of 72.9%. Total Non Interest Income: $3.17 million compared to the $3.16 million average estimate based on two analysts. Net interest income: $18.83 million versus the two-analyst average estimate of $18.64 million. View all Key Company Metrics for Western New England Bancorp here>>> Shares of Western New England Bancorp have returned +0.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Western New England Bancorp (WNEB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Western New England Bancorp (WNEB) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +23.81%. A quarter ago, it was expected that this bank holding company would post earnings of $0.19 per share when it actually produced earnings of $0.16, delivering a surprise of -15.79%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Western New England Bancorp, which belongs to the Zacks Banks - Foreign industry, posted revenues of $22 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.95%. This compares to year-ago revenues of $18.53 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Western New England Bancorp shares have added about 2.1% since the beginning of the year versus the S&P 500's gain of 1.5%. While Western New England Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Western New England Bancorp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in...

WESTFIELD, Mass., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three and twelve months ended December 31, 2025. For the three months ended December 31, 2025, the Company reported net income of $5.2 million, or $0.26 per diluted share, compared to net income of $3.3 million, or $0.16 per diluted share, for the three months ended December 31, 2024. On a linked quarter basis, net income was $5.2 million, or $0.26 per diluted share, as compared to net income of $3.2 million, or $0.16 per diluted share, for the three months ended September 30, 2025. For the twelve months ended December 31, 2025, net income was $15.3 million, or $0.75 per diluted share, compared to net income of $11.7 million, or $0.56 per diluted share, for the twelve months ended December 31, 2024. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share on the Company’s common stock. The dividend will be payable on or about February 25, 2026 to shareholders of record on February 11, 2026. James C. Hagan, President and Chief Executive Officer, commented, “We are pleased to report solid earnings for the fourth quarter of 2025, along with strong loan growth and core deposit growth. Total loans increased $113.2 million, or 5.5%, and core deposits increased $111.9 million, or 7.2%, from December 31, 2024. At December 31, 2025, our non-interest-bearing deposits and total core deposits represented 25.2% and 70.8% of total deposits, respectively. Our loan growth and disciplined approach to managing funding costs have allowed us to expand our net interest margin to 2.91% during the three months ended December 31, 2025. This is the sixth consecutive quarter of growth in both net interest income and net interest margin for the Company. Asset quality remains strong, with nonperforming assets to total assets of 0.19%, total delinquency as a percentage of total loans of 0.14%, and strong loan reserve levels of 393.2% as a percentage of nonaccrual loans.” Hagan concluded, “We remain disciplined in our capital management strategies, and during the twelve months ended December 31, 2025, we repurchased 599,853 shares of common stock with an average price per share of $9.73. Over the l...

WESTFIELD, Mass. (AP) — WESTFIELD, Mass. (AP) — Western New England Bancorp (WNEB) on Tuesday reported net income of $5.2 million in its fourth quarter. The bank, based in Westfield, Massachusetts, said it had earnings of 26 cents per share. The bank holding company posted revenue of $33.7 million in the period. Its revenue net of interest expense was $22 million, topping Street forecasts. For the year, the company reported profit of $15.3 million, or 75 cents per share. Revenue was reported as $82.6 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WNEB at https://www.zacks.com/ap/WNEB

Western New England Bancorp (WNEB) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -15.79%. A quarter ago, it was expected that this bank holding company would post earnings of $0.14 per share when it actually produced earnings of $0.23, delivering a surprise of +64.29%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Western New England Bancorp, which belongs to the Zacks Banks - Foreign industry, posted revenues of $21.27 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.29%. This compares to year-ago revenues of $17.87 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Western New England Bancorp shares have added about 23.9% since the beginning of the year versus the S&P 500's gain of 16.9%. While Western New England Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Western New England Bancorp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the mar...

Western New England Bancorp (WNEB) reported $21.27 million in revenue for the quarter ended September 2025, representing a year-over-year increase of 19%. EPS of $0.16 for the same period compares to $0.09 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $21 million, representing a surprise of +1.29%. The company delivered an EPS surprise of -15.79%, with the consensus EPS estimate being $0.19. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Western New England Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 2.8% compared to the 2.8% average estimate based on two analysts. Efficiency ratio: 74.2% compared to the 75.2% average estimate based on two analysts. Total Non Interest Income: $3.17 million compared to the $3.08 million average estimate based on two analysts. Net interest income: $18.09 million versus the two-analyst average estimate of $17.88 million. View all Key Company Metrics for Western New England Bancorp here>>> Shares of Western New England Bancorp have returned -4.4% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Western New England Bancorp (WNEB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

WESTFIELD, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three and nine months ended September 30, 2025. For the three months ended September 30, 2025, the Company reported net income of $3.2 million, or $0.16 per diluted share, compared to net income of $1.9 million, or $0.09 per diluted share, for the three months ended September 30, 2024. On a linked quarter basis, net income was $3.2 million, or $0.16 per diluted share, as compared to net income of $4.6 million, or $0.23 per diluted share, for the three months ended June 30, 2025. For the nine months ended September 30, 2025, net income was $10.1 million, or $0.50 per diluted share, compared to net income of $8.4 million, or $0.40 per diluted share, for the nine months ended September 30, 2024. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.07 per share on the Company’s common stock. The dividend will be payable on or about November 26, 2025 to shareholders of record on November 12, 2025. James C. Hagan, President and Chief Executive Officer, commented, “We are pleased to report solid earnings for the third quarter of 2025, along with strong loan growth and core deposit growth. Core deposits increased $97.4 million, or 6.3%, from year-end and total loans increased $60.8 million, or 2.9%. From June 30, 2025 to September 30, 2025, total loans increased $38.7 million, or 1.9%, driven by an increase in commercial real estate loans of $31.9 million, or 3.0%, and an increase in residential real estate loans of $22.6 million, or 2.8%. Our loan growth and disciplined approach to managing funding costs have allowed us to expand our net interest margin to 2.81% as we continue to decrease the cost of interest-bearing liabilities and reduce our reliance on time deposits. Our asset quality remains solid, with nonperforming assets to total assets of 0.21%, and total delinquency as a percentage of total loans of 0.21%.” Hagan concluded, “We remain disciplined in our capital management strategies and during the nine months ended September 30, 2025, we repurchased 499,853 shares of common stock with an average price per share of $9.31. We are pleased with our third quarter results and are c...

WESTFIELD, Mass. (AP) — WESTFIELD, Mass. (AP) — Western New England Bancorp (WNEB) on Tuesday reported net income of $3.2 million in its third quarter. The bank, based in Westfield, Massachusetts, said it had earnings of 16 cents per share. The bank holding company posted revenue of $33.2 million in the period. Its revenue net of interest expense was $21.3 million, exceeding Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WNEB at https://www.zacks.com/ap/WNEB

Investors might want to bet on Western New England Bancorp (WNEB), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The upward trend in estimate revisions for this bank holding company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Western New England Bancorp, as there has been strong agreement among the covering analysts in raising estimates. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The company is expected to earn $0.17 per share for the current quarter, which represents a year-over-year change of +88.9%. Over the last 30 days, one estimate has moved higher for Western New England Bancorp compared to no negative revisions. As a result, the Zacks Consensus Estimate has increased 8.33%. For the full year, the earnings estimate of $0.67 per share represents a change of +19.6% from the year-ago number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Western New England Bancorp. Over the past month, two estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 12.85%. The promising estimate revisions have helped Western New England Bancorp earn a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Wh...