Core Insights - Western New England Bancorp (WNEB) reported $22 million in revenue for the quarter ended December 2025, marking an 18.7% year-over-year increase and exceeding the Zacks Consensus Estimate of $21.8 million by 0.95% [1] - The company achieved an EPS of $0.26, up from $0.16 a year ago, resulting in an EPS surprise of 23.81% compared to the consensus estimate of $0.21 [1] Financial Performance Metrics - Net Interest Margin was reported at 2.9%, matching the average estimate from two analysts [4] - The Efficiency Ratio was 72.1%, slightly better than the average estimate of 72.9% from two analysts [4] - Total Non-Interest Income was $3.17 million, slightly above the average estimate of $3.16 million [4] - Net Interest Income stood at $18.83 million, exceeding the average estimate of $18.64 million [4] Stock Performance - Shares of Western New England Bancorp have returned +0.9% over the past month, outperforming the Zacks S&P 500 composite's +0.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

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 ...

Financial Performance - For the three months ended December 31, 2025, the Company reported net income of $5.2 million, or $0.26 per diluted share, a 58.5% increase from $3.3 million, or $0.16 per diluted share, for the same period in 2024[1] - Net income for the three months ended December 31, 2025, increased by $1.9 million, or 58.4%, to $5.2 million, or $0.26 per diluted share, compared to $3.3 million, or $0.16 per diluted share, for the same period in 2024[22] - For the twelve months ended December 31, 2025, net income was $15.3 million, or $0.75 per diluted share, compared to $11.7 million, or $0.56 per diluted share, for the same period in 2024[34] - Net income for the quarter was $5,209 thousand, a significant increase from $3,167 thousand in the previous quarter, representing a 64.4% growth[75] Loan and Deposit Growth - Total loans increased by $113.2 million, or 5.5%, to $2.2 billion, while core deposits rose by $111.9 million, or 7.2%, to $1.7 billion[4] - Total loans increased by $113.2 million, or 5.5%, to $2.2 billion, with residential real estate loans increasing by $81.2 million, or 10.5%[51] - Total deposits increased by $98.3 million, or 4.3%, to $2.4 billion from December 31, 2024[5] - Average demand deposits increased by $20.9 million, or 3.7%, to $582.2 million for the twelve months ended December 31, 2025, compared to $561.3 million for the same period in 2024[39] Interest Income and Margin - The net interest margin expanded to 2.91% for the three months ended December 31, 2025, marking the sixth consecutive quarter of growth in both net interest income and net interest margin[3] - Net interest income rose by $3.6 million, or 23.3%, to $18.8 million for the three months ended December 31, 2025, driven by a $2.0 million increase in interest and dividend income and a $1.6 million decrease in interest expense[23] - The net interest margin increased by 48 basis points from 2.41% for the three months ended December 31, 2024, to 2.89% for the three months ended December 31, 2025[24] - Total interest and dividend income for the three months ended December 31, 2025, was $30,537 million, an increase from $28,586 million in the same period last year, representing a growth of 6.8%[70] Expenses and Efficiency - Non-interest expense increased by $92,000, or 0.6%, to $15.9 million for the three months ended December 31, 2025[19] - Non-interest expense increased by $944,000, or 6.3%, to $15.9 million for the three months ended December 31, 2025, primarily due to a $920,000 increase in salaries and employee benefits[30] - The efficiency ratio improved to 72.1% for the three months ended December 31, 2025, compared to 80.6% for the same period in 2024, reflecting increased net interest income[31] - The efficiency ratio improved to 75.6% for the twelve months ended December 31, 2025, down from 80.4% in 2024, driven by higher net interest income[44] Credit Quality - The allowance for credit losses was $20.3 million, or 0.93% of total loans, with a coverage ratio of 393.2% for nonaccrual loans[6] - The Company recorded a reversal of credit losses of $485,000 during the three months ended December 31, 2025, compared to a provision for credit losses of $1.3 million in the previous quarter[16] - Total delinquency decreased to $3.1 million, or 0.14% of total loans, at December 31, 2025, down from $5.0 million, or 0.24% in 2024[54] - Allowance for credit losses as a percentage of total loans was 0.93%, slightly down from 0.96% in the previous quarter[75] Shareholder Returns and Equity - The Company repurchased 599,853 shares of common stock at an average price of $9.73 during the twelve months ended December 31, 2025[3] - As of December 31, 2025, shareholders' equity was $247.6 million, representing 9.1% of total assets, an increase from $235.9 million or 8.9% at December 31, 2024[62] - The company paid cash dividends of $5.7 million and repurchased shares at a cost of $6.2 million during the reporting period[62] - Total shares outstanding as of December 31, 2025, were 20,372,786, reflecting the company's equity structure[62] Regulatory and Market Presence - The company operates 25 banking offices throughout western Massachusetts and northern Connecticut, indicating a stable market presence[65] - The company maintains strong regulatory capital ratios, exceeding minimum requirements to be considered well-capitalized[62] - The total capital ratio to risk-weighted assets was 14.19% as of December 31, 2025, slightly down from 14.38% in 2024[63] - Tier 1 capital ratio to risk-weighted assets was 12.21% for both 2025 and 2024, indicating stability in capital strength[63] Forward-Looking Statements - Forward-looking statements highlight potential risks including economic conditions, regulatory changes, and competitive pressures that could impact future performance[66] - The company intends to continue paying quarterly dividends, although future payments depend on various regulatory factors[64]

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 De ...

INVESTOR PRESENTATION 4TH QUARTER 2025 Local banking is better than ever. FORWARD-LOOKING STATEMENTS 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 Commission (the "SEC"), our reports to shareholders and in other communications by us. This Investor Presentation contains "forward-looking statements" with respect to the Company ...

Financial Performance - Net income for Q3 2025 was $3.2 million, or $0.16 per diluted share, up from $1.9 million, or $0.09 per diluted share in Q3 2024, representing a 68.4% increase[166] - Net income for the three months ended September 30, 2025, was $3.2 million, or $0.16 per diluted share, compared to $1.9 million, or $0.09 per diluted share, for the same period in 2024[216] - For the nine months ended September 30, 2025, the company reported net income of $10.1 million, or $0.50 per diluted share, compared to $8.4 million, or $0.40 per diluted share for the same period in 2024[236] - Return on average assets and return on average equity were 0.50% and 5.64% for the nine months ended September 30, 2025, respectively, compared to 0.44% and 4.74% for the same period in 2024[236] Income and Expenses - Net interest income increased by $3.4 million, or 22.8%, to $18.1 million in Q3 2025, driven by a $112.6 million, or 4.6%, increase in average interest-earning assets[166] - Net interest income increased by $3.4 million, or 22.8%, while non-interest expense rose by $1.4 million, or 9.5%, year-over-year[216] - Non-interest income rose by $32,000, or 1.0%, to $3.2 million for the three months ended September 30, 2025[231] - Non-interest income decreased by $306,000, or 3.2%, to $9.3 million for the nine months ended September 30, 2025, from $9.6 million in 2024[252] - Non-interest expense increased by $3.1 million, or 7.2%, to $46.6 million for the nine months ended September 30, 2025, compared to $43.5 million in 2024[253] Asset and Loan Growth - Total assets rose by $82.4 million, or 3.1%, to $2.7 billion as of September 30, 2025, primarily due to a $60.8 million, or 2.9%, increase in total loans[171] - Total loans increased by $60.8 million, or 2.9%, with residential real estate loans rising by $52.3 million, or 6.7%[176] - Average interest-earning assets rose by $112.6 million, or 4.6%, to $2.6 billion, driven by a $73.8 million, or 3.6%, increase in average loans[226] Credit Quality and Provisions - The allowance for credit losses was $20.5 million, or 0.96% of total loans, compared to $19.5 million, or 0.94% of total loans at the end of 2024[178] - The company recorded a provision for credit losses of $1.3 million in Q3 2025, a 37.4% increase from $941,000 in Q3 2024, due to increased unfunded commitments[167] - Provision for credit losses increased by $352,000, or 37.4%, to $1.3 million in Q3 2025, primarily due to an increase in unfunded commitments and a slight deterioration in macroeconomic forecasts[229] - The Company recorded a provision for credit losses of $820,000 for the nine months ended September 30, 2025, an increase of $723,000 from $97,000 in the same period of 2024[249] Capital and Regulatory Ratios - At September 30, 2025, shareholders' equity was $243.6 million, maintaining 8.9% of total assets, with a net income contribution of $10.1 million[215] - As of September 30, 2025, the Bank is categorized as "well-capitalized" under regulatory requirements, exceeding all applicable capital ratios[270] - Total Capital to Risk Weighted Assets for the Bank was 13.58% as of September 30, 2025, above the minimum requirement of 8.00%[272] - Tier 1 Capital to Risk Weighted Assets for the Bank was 12.52% as of September 30, 2025, exceeding the minimum requirement of 6.00%[272] - Common Equity Tier 1 Capital to Risk Weighted Assets for the Bank was 12.52% as of September 30, 2025, above the minimum requirement of 4.50%[272] - Tier 1 Leverage Ratio for the Bank was 9.30% as of September 30, 2025, surpassing the minimum requirement of 4.00%[272] Deposits and Borrowings - As of September 30, 2025, total deposits increased by $87.2 million, or 3.9%, to $2.3 billion from December 31, 2024[210] - Core deposits rose by $97.4 million, or 6.3%, from $1.6 billion (68.9% of total deposits) to $1.7 billion (70.5% of total deposits) during the same period[210] - Non-interest-bearing deposits increased by $24.5 million, or 4.3%, to $590.2 million, representing 25.1% of total deposits[210] - Total borrowings decreased by $2.4 million, or 1.9%, to $120.7 million as of September 30, 2025[213] - The Company had $468.7 million of additional borrowing capacity at the FHLB as of September 30, 2025[214] Market and Risk Management - The company continues to monitor loans for credit quality deterioration due to market conditions, including increased interest rates and reduced occupancy[207] - The Board has implemented heightened risk management procedures and strong underwriting criteria for its commercial real estate portfolio[188] - The Company has no off-balance sheet arrangements that materially affect its financial condition[273] - There have been no material changes in the Company's assessment of market risk sensitivity since the 2024 Annual Report[275]

Core Viewpoint - Western New England Bancorp (NASDAQ: WNEB) has received a "Moderate Buy" rating from analysts, with an average target price of $11.00 for the next twelve months [2][3]. Analyst Ratings - Piper Sandler raised the price target from $10.00 to $11.00 and assigned a "neutral" rating [3]. - Weiss Ratings maintained a "hold (c+)" rating [3]. - Wall Street Zen upgraded the stock from "sell" to "hold" [3]. Financial Performance - The stock opened at $11.43, with a market cap of $234.20 million, a P/E ratio of 17.32, and a beta of 0.88 [4]. - The company reported earnings of $0.16 per share for the last quarter, missing the consensus estimate of $0.19 by $0.03 [5]. - Revenue for the quarter was $21.27 million, exceeding expectations of $17.99 million [5]. - The net margin was 10.33%, and return on equity was 5.62% [5]. Dividend Information - A quarterly dividend of $0.07 will be paid on November 26, with an annualized dividend of $0.28 and a yield of 2.4% [6]. - The current dividend payout ratio is 47.46% [6]. Insider Trading - SVP Darlene M. Libiszewski sold 3,600 shares at an average price of $12.39, totaling $44,604, representing an 18.33% decrease in her position [7]. Institutional Holdings - Hedge funds and institutional investors hold 67.95% of the stock [8]. - White Pine Capital LLC increased its position by 1.5%, owning 168,254 shares valued at $1.55 million [8]. - Janney Montgomery Scott LLC boosted its stake by 28.0%, now owning 14,180 shares valued at $132,000 [8].

Core Viewpoint - Western New England Bancorp (WNEB) reported a revenue of $21.27 million for the quarter ended September 2025, marking a 19% year-over-year increase, while EPS rose to $0.16 from $0.09 a year ago, indicating positive growth despite a slight EPS surprise miss [1]. Financial Performance - Revenue of $21.27 million exceeded the Zacks Consensus Estimate of $21 million, resulting in a surprise of +1.29% [1]. - EPS of $0.16 fell short of the consensus estimate of $0.19, leading to an EPS surprise of -15.79% [1]. - Net Interest Margin stood at 2.8%, aligning with the average estimate [4]. - Efficiency ratio was reported at 74.2%, better than the average estimate of 75.2% [4]. - Total Non-Interest Income reached $3.17 million, surpassing the average estimate of $3.08 million [4]. - Net Interest Income was $18.09 million, exceeding the average estimate of $17.88 million [4]. Stock Performance - Shares of Western New England Bancorp have declined by -4.4% over the past month, contrasting with the Zacks S&P 500 composite's increase of +3.6% [3]. - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3].

Core Insights - Western New England Bancorp (WNEB) reported quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.19 per share, but showing an increase from $0.09 per share a year ago, resulting in an earnings surprise of -15.79% [1] - The company posted revenues of $21.27 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.29% and increasing from $17.87 million year-over-year [2] - The stock has gained approximately 23.9% since the beginning of the year, outperforming the S&P 500's gain of 16.9% [3] Earnings Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes in these expectations [4] - The current consensus EPS estimate for the next quarter is $0.20 on revenues of $21.32 million, and for the current fiscal year, it is $0.73 on revenues of $81.44 million [7] Industry Context - The Zacks Industry Rank indicates that the Banks - Foreign industry is currently in the top 36% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Deutsche Bank, another company in the same industry, is expected to report quarterly earnings of $0.81 per share, reflecting a year-over-year change of -9%, with revenues anticipated to be $8.96 billion, up 8.7% from the previous year [9]

Financial Performance - For the three months ended September 30, 2025, net income was $3.2 million, or $0.16 per diluted share, compared to $1.9 million, or $0.09 per diluted share for the same period in 2024, representing a 68.4% year-over-year increase[1]. - Net income increased by $1.3 million, or 66.3%, from $1.9 million for the three months ended September 30, 2024, to $3.2 million for the same period in 2025[23]. - Net income for the three months ended September 30, 2025, was $3,167,000, compared to $2,303,000 in the previous quarter, representing a significant increase of 37.5%[70]. - Basic earnings per share for the three months ended September 30, 2025, was $0.16, consistent with the previous quarter, while diluted earnings per share also remained at $0.16[70]. - For the nine months ended September 30, 2025, net interest income increased by $6.7 million, or 15.1%, to $51.3 million compared to $44.5 million for the same period in 2024[36]. Loan and Deposit Growth - Total loans increased by $60.8 million, or 2.9%, to $2.1 billion as of September 30, 2025, driven primarily by a $52.3 million, or 6.7%, increase in residential real estate loans[4]. - Total deposits increased by $87.2 million, or 3.9%, to $2.3 billion as of September 30, 2025[5]. - Core deposits rose by $97.4 million, or 6.3%, from year-end 2024, totaling $1.7 billion, which is 70.5% of total deposits[5]. - Total core deposits increased to $1,656.5 million at September 30, 2025, up from $1,559.1 million at December 31, 2024, representing a growth of 6.3%[59]. - Average loans for the quarter ended September 30, 2025, were $2,112,394 thousand, up from $2,038,593 thousand in the same quarter of 2024, marking a year-over-year increase of 3.6%[85]. Interest Income and Margin - Net interest income increased by $3.4 million, or 22.8%, to $18.1 million for the three months ended September 30, 2025, compared to $14.7 million for the same period in 2024[24]. - The net interest margin improved to 2.81% for the three months ended September 30, 2025, up from 2.80% in the previous quarter[7]. - Total interest and dividend income for the three months ended September 30, 2025, was $30,033,000, an increase from $28,437,000 in the previous quarter, representing a growth of 5.6%[70]. - Net interest and dividend income after provision for credit losses was $16,799,000 for the three months ended September 30, 2025, compared to $15,392,000 in the previous quarter, reflecting an increase of 9.2%[70]. - The average loan yield (tax-equivalent basis) for Q3 2025 was 5.04%, up from 4.93% in Q3 2024, indicating improved asset yield[85]. Credit Losses and Allowance - The allowance for credit losses was $20.5 million, or 0.96% of total loans, as of September 30, 2025, compared to $19.5 million, or 0.94% at December 31, 2024[6]. - Provision for credit losses increased by $1.9 million to $1.3 million for the three months ended September 30, 2025, primarily due to higher balances in commercial real estate loans[17]. - Provision for credit losses increased to $820,000 for the nine months ended September 30, 2025, compared to $97,000 for the same period in 2024, primarily due to a 21.4% increase in unfunded commitments[40]. - Total delinquency decreased to $4.5 million, or 0.21% of total loans, at September 30, 2025, down from $5.0 million, or 0.24% of total loans, at December 31, 2024[54]. Non-Interest Income and Expenses - Non-interest income decreased by $238,000, or 7.0%, to $3.2 million for the three months ended September 30, 2025, compared to $3.4 million for the previous quarter[19]. - Non-interest income decreased to $3,173 million from $3,411 million in the previous quarter[75]. - Non-interest expense increased by $1.4 million, or 9.5%, to $15.8 million for the three months ended September 30, 2025, compared to $14.4 million for the same period in 2024[32]. - Non-interest expense rose by $3.1 million, or 7.2%, to $46.6 million for the nine months ended September 30, 2025, driven by a 9.1% increase in salaries and employee benefits[43]. Efficiency and Ratios - The efficiency ratio improved to 74.2% for the three months ended September 30, 2025, compared to 80.6% for the same period in 2024[33]. - The efficiency ratio improved to 76.9% for the nine months ended September 30, 2025, down from 80.3% for the same period in 2024, reflecting higher revenues[44]. - The efficiency ratio (GAAP) was reported at 74.20% for the quarter ended September 30, 2025, slightly improved from 80.62% in the same quarter of 2024[86]. - The Company's total capital to risk-weighted assets ratio was 14.30% at September 30, 2025, slightly down from 14.38% at December 31, 2024[63]. - The Tier 1 capital to risk-weighted assets ratio was 12.26% at September 30, 2025, compared to 12.37% at December 31, 2024[63].