Company research
Western New England Bancorp, Inc.
CIK 1157647Updated Sep 27, 2026
SecurityWNEB · NASDAQ · equity
Name history
WESTFIELD FINANCIAL INC · through Sep 30, 2016
WNEB price & chart
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NASDAQ:WNEB on TradingView ↗About the company
Western New England Bancorp, Inc. is a Massachusetts-chartered stock holding company and the parent company of Westfield Bank, CSB Colts, Inc., Elm Street Securities Corporation, WFD Securities, Inc. and WB Real Estate Holdings, LLC. Western New England Bancorp, Inc. and its subsidiaries are headquartered in Westfield, Massachusetts and operate 25 banking offices throughout western Massachusetts and the Capital Region in Connecticut. To learn more, visit our website at www.westfieldbank.com.
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Recent filings
Show 5 more recent filings
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
11-K filing
4 filing
Submission of Matters to a Vote of Security Holders
Items 5.07
Regulation FD Disclosure
Items 7.01, 9.01
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,736,480,000Source | 2,653,090,000Source | 2,564,571,000Source | 2,553,150,000Source |
| Property, Plant and Equipment, NetUSD | 23,345,000Source | 24,421,000Source | 25,575,000Source | 24,953,000Source |
| GoodwillUSD | 12,487,000Source | 12,487,000Source | 12,487,000Source | 12,487,000Source |
| Operating Lease, Right-of-Use AssetUSD | 6,370,000Source | 7,383,000Source | 8,201,000Source | 9,224,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,488,843,000Source | 2,417,180,000Source | 2,327,162,000Source | 2,325,007,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 204,000Source | 209,000Source | 217,000Source | 222,000Source |
| Retained Earnings (Accumulated Deficit)USD | 152,302,000Source | 142,745,000Source | 136,993,000Source | 127,982,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -16,717,000Source | -23,274,000Source | -21,744,000Source | -25,042,000Source |
| Stockholders' Equity Attributable to ParentUSD | 247,637,000Source | 235,910,000Source | 237,409,000Source | 228,143,000Source |
| Additional Paid in Capital, Common StockUSD | 114,515,000Source | 119,326,000Source | 125,448,000Source | 128,899,000Source |
| Liabilities and EquityUSD | 2,736,480,000Source | 2,653,090,000Source | 2,564,571,000Source | 2,553,150,000Source |
| Additional Financial Items | ||||
| Deferred Compensation EquityUSD | 1,224,000Source | 1,190,000Source | 1,111,000Source | 1,012,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,084,000Source | 1,469,000Source | 1,417,000Source | 1,074,000Source |
| Deferred Income Tax Expense (Benefit)USD | -1,002,000Source | 178,000Source | 191,000Source | 1,088,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 18,213,000Source | 12,170,000Source | 14,773,000Source | 36,089,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -113,614,000Source | -46,594,000Source | -13,706,000Source | -111,193,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,073,000Source | 1,196,000Source | 2,902,000Source | 1,143,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 6,097,000Source | 7,599,000Source | 5,022,000Source | 6,351,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 69,332,000Source | 72,034,000Source | -2,569,000Source | 1,990,000Source |
| Dividends paid | — | — | — | — |
| Repayments of Long-term DebtUSD | 25,000,000Source | 120,646,000Source | 532,000Source | 1,472,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -26,069,000Source | 37,610,000Source | -1,502,000Source | -73,114,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 40,381,000Source | 66,450,000Source | 28,840,000Source | 30,342,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 5,602,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 39,000Source | 39,000Source | 39,000Source | 40,000Source |
| Amortization of Intangible AssetsUSD | 375,000Source | 375,000Source | 375,000Source | 375,000Source |
| Bank Owned Life Insurance IncomeUSD | 1,963,000Source | 1,911,000Source | 1,820,000Source | 1,725,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | — | -4,000Source |
| Depreciation, NonproductionUSD | 2,109,000Source | 2,230,000Source | 2,219,000Source | 2,312,000Source |
| Equipment ExpenseUSD | 1,868,000Source | 1,955,000Source | 1,954,000Source | 2,026,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | 35,000Source | 13,000Source | -1,000Source | 304,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | — | 1,021,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 35,000Source | 13,000Source | -1,000Source | -717,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 296,000Source | -825,000Source | 1,193,000Source | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | -6,000Source | -3,000Source | — |
| Gain (Loss) on Sale of Mortgage LoansUSD | 11,000Source | 235,000Source | — | 2,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | 11,000Source | 235,000Source | — | — |
| GoodwillUSD | 12,487,000Source | 12,487,000Source | 12,487,000Source | 12,487,000Source |
| Income Tax Expense (Benefit)USD | 4,521,000Source | 3,291,000Source | 4,516,000Source | 8,742,000Source |
| Net Income (Loss) Attributable to ParentUSD | 15,269,000Source | 11,666,000Source | 15,068,000Source | 25,887,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | 98,000,000Source | 120,000,000Source | — |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 16,259,000Source | 14,804,000Source | 12,047,000Source | 23,644,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 1,171,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 335,000Source | -665,000Source | 872,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 19,790,000Source | 14,957,000Source | 19,584,000Source | 34,629,000Source |
| Income Tax Expense (Benefit)USD | 4,521,000Source | 3,291,000Source | 4,516,000Source | 8,742,000Source |
| Net Income (Loss) Attributable to ParentUSD | 15,269,000Source | 11,666,000Source | 15,068,000Source | 25,887,000Source |
| Earnings Per Share, BasicUSD per share | 0.76Source | 0.56Source | 0.7Source | 1.18Source |
| Earnings Per Share, DilutedUSD per share | 0.75Source | 0.56Source | 0.7Source | 1.18Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 20,194,877Source | 20,899,573Source | 21,535,888Source | 21,879,657Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 20,321,755Source | 21,016,358Source | 21,610,329Source | 21,938,323Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 375,000Source | 375,000Source | 375,000Source | 375,000Source |
| Bank Owned Life Insurance IncomeUSD | 1,963,000Source | 1,911,000Source | 1,820,000Source | 1,725,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.28Source | 0.28Source | 0.28Source | 0.24Source |
| Current Income Tax Expense (Benefit)USD | 5,523,000Source | 3,113,000Source | 4,325,000Source | 7,654,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 2,100,000Source | 2,200,000Source | 2,200,000Source | 2,300,000Source |
| Equipment ExpenseUSD | 1,868,000Source | 1,955,000Source | 1,954,000Source | 2,026,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | — | 1,021,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 296,000Source | -825,000Source | 1,193,000Source | — |
| Interest ExpenseUSD | — | — | 33,209,000Source | 6,696,000Source |
| Interest Expense, DebtUSD | — | — | 1,014,000Source | 1,014,000Source |
| InterestExpenseOperatingUSD | 48,522,000Source | 50,015,000Source | — | — |
| Interest Income (Expense), NetUSD | 70,097,000Source | 59,817,000Source | 67,909,000Source | 79,232,000Source |
| Labor and Related ExpenseUSD | 35,826,000Source | 32,686,000Source | 32,214,000Source | 32,697,000Source |
| Other IncomeUSD | 347,000Source | 261,000Source | — | 25,000Source |
Filing attachments
ex99-1.htm · 8-K · 2026-07-28
EX-99.1 2 ex99-1.htm PRESS RELEASE WESTERN NEW ENGLAND BANCORP, INC. 8-K Exhibit 99.1 For further information contact: James C. Hagan, President and CEO Guida R. Sajdak, Executive Vice President and CFO Meghan Hibner, First Vice President and Investor Relations Officer 413-568-1911 WESTERN NEW ENGLAND BANCORP, INC. REPORTS RESULTS FOR THREE AND SIX MONTHS ENDED JUNE 30, 2026, AND DECLARES QUARTERLY CASH DIVIDEND Westfield, Massachusetts, July 28, 2026 : Western …
Read attachment ↗ex99-1.htm · 8-K · 2026-05-14
EX-99.1 2 ex99-1.htm ANNUAL MEETING PRESENTATION MATERIALS DATED MAY 14, 2026. WESTERN NEW ENGLAND BANCORP, INC. 8-K Exhibit 99.1 1 2026 Annual Shareholders’ Meeting May 14, 2026 NASDAQ GS: WNEB 2 NASDAQ GS: WNEB Welcome to the Western New England Bancorp 2026 Annual Shareholders’ Meeting James C. Hagan President Chief Executive Officer 2 3 Board of Directors James C. Hagan President & Chief Executive Officer Lisa G. McMahon Chairperson of the Board Laura Benoit Director NASDAQ GS: WNEB …
Read attachment ↗ex99-1.htm · 8-K · 2026-04-28
EX-99.1 2 ex99-1.htm PRESS RELEASE OF WESTERN NEW ENGLAND BANCORP, INC. Western New England Bancorp, Inc. 8-K Exhibit 99.1 For further information contact: James C. Hagan, President and CEO Guida R. Sajdak, Executive Vice President and CFO Meghan Hibner, First Vice President and Investor Relations Officer 413-568-1911 WESTERN NEW ENGLAND BANCORP, INC. REPORTS RESULTS FOR THREE MONTHS ENDED MARCH 31, 2026 AND DECLARES QUARTERLY CASH DIVIDEND Westfield, Massachusetts, …
Read attachment ↗ex99-2.htm · 8-K · 2026-04-28
EX-99.2 3 ex99-2.htm INVESTOR PRESENTATION DATED APRIL 28, 2026 FOR WESTERN NEW ENGLAND BANCORP, INC. Western New England Bancorp, Inc. 8-K Exhibit 99.2 Local banking is better than ever. INVESTOR PRESENTATION 1ST QUARTER 2026 FORWARD - LOOKING STATEMENTS 2 We may, from time to time, make written or oral “forward - looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements contained in our filings with the Securities and Exchange C…
Read attachment ↗ex99-1.htm · 8-K · 2026-01-27
EX-99.1 2 ex99-1.htm PRESS RELEASE WESTERN NEW ENGLAND BANCORP, INC. 8-K Exhibit 99.1 For further information contact: James C. Hagan, President and CEO Guida R. Sajdak, Executive Vice President and CFO Meghan Hibner, First Vice President and Investor Relations Officer 413-568-1911 WESTERN NEW ENGLAND BANCORP, INC. REPORTS RESULTS FOR THREE MONTHS AND YEAR ENDED DECEMBER 31, 2025 AND DECLARES QUARTERLY CASH DIVIDEND Westfield, Massachusetts, January 27, 2026 : Western Ne…
Read attachment ↗