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].

Core Insights - The company reported a net income of $3.2 million, or $0.16 per diluted share, for the three months ended September 30, 2025, representing a 66.3% increase from $1.9 million, or $0.09 per diluted share, for the same period in 2024 [1][24] - For the nine months ended September 30, 2025, net income was $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 [36] Financial Performance - The company declared a quarterly cash dividend of $0.07 per share, payable on or about November 26, 2025 [2] - Core deposits increased by $97.4 million, or 6.3%, from year-end, while total loans increased by $60.8 million, or 2.9% [3] - The net interest margin expanded to 2.81% for the three months ended September 30, 2025, up from 2.80% for the previous quarter [7][14] Loans and Deposits - Total loans at September 30, 2025, were $2.1 billion, with a 2.9% increase from December 31, 2024, primarily driven by a $52.3 million increase in residential real estate loans [4][54] - Total deposits increased by $87.2 million, or 3.9%, to $2.3 billion from December 31, 2024 [5] Credit Quality - The allowance for credit losses was $20.5 million, or 0.96% of total loans, at September 30, 2025, compared to $19.5 million, or 0.94% of total loans, at December 31, 2024 [6] - Nonaccrual loans totaled $5.6 million, or 0.27% of total loans, at September 30, 2025, showing a slight increase from $5.4 million, or 0.26% of total loans, at December 31, 2024 [6] 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 [20] - Non-interest expense increased by $122,000, or 0.8%, to $15.8 million for the three months ended September 30, 2025 [22] Share Repurchase Program - The company repurchased 499,853 shares of common stock at an average price of $9.31 during the nine months ended September 30, 2025 [3][9] - As of September 30, 2025, there were 972,465 shares available for repurchase under the 2025 Plan [9] Balance Sheet - Total assets increased by $82.4 million, or 3.1%, to $2.7 billion at September 30, 2025, primarily due to an increase in total loans and cash equivalents [48] - The investment securities portfolio totaled $373.2 million, or 13.6% of total assets, at September 30, 2025 [49]

PART I – FINANCIAL INFORMATION This section provides the unaudited consolidated financial statements and management's discussion and analysis for the reporting period [Item 1. Financial Statements](index=5&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited consolidated financial statements, including balance sheets, income statements, cash flows, and detailed notes [Consolidated Balance Sheets](index=5&type=section&id=Consolidated%20Balance%20Sheets) Total assets increased to **$2.71 billion** by June 30, 2025, driven by growth in net loans and cash equivalents Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Total Assets** | **$2,711,149** | **$2,653,090** | | Total cash and cash equivalents | $93,308 | $66,450 | | Net loans | $2,072,898 | $2,050,660 | | Total investment securities | $376,900 | $366,137 | | **Total Liabilities** | **$2,471,721** | **$2,417,180** | | Total deposits | $2,330,113 | $2,262,647 | | Total borrowings | $121,811 | $123,141 | | **Total Shareholders' Equity** | **$239,428** | **$235,910** | [Consolidated Statements of Net Income](index=7&type=section&id=Consolidated%20Statements%20of%20Net%20Income) Net income for Q2 2025 rose to **$4.6 million**, primarily due to increased net interest income Net Income Performance (in thousands, except per share data) | Metric | Q2 2025 | Q2 2024 | 6 Months 2025 | 6 Months 2024 | | :--- | :--- | :--- | :--- | :--- | | Net Interest Income | $17,642 | $14,470 | $33,176 | $29,816 | | Reversal of Credit Losses | $(615) | $(294) | $(473) | $(844) | | Non-interest Income | $3,411 | $3,834 | $6,170 | $6,508 | | Non-interest Expense | $15,656 | $14,314 | $30,840 | $29,096 | | **Net Income** | **$4,590** | **$3,513** | **$6,893** | **$6,474** | | **Diluted EPS** | **$0.23** | **$0.17** | **$0.34** | **$0.31** | [Consolidated Statements of Cash Flows](index=14&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Net cash provided by operating activities was **$5.6 million**, with a **$26.9 million** net increase in cash and equivalents Cash Flow Summary - Six Months Ended June 30 (in thousands) | Cash Flow Category | 2025 | 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $5,578 | $3,135 | | Net cash (used in) provided by investing activities | $(37,067) | $1,834 | | Net cash provided by financing activities | $58,347 | $19,649 | | **Net Change in Cash and Cash Equivalents** | **$26,858** | **$24,618** | | Cash and cash equivalents, end of period | $93,308 | $53,458 | [Notes to Consolidated Financial Statements](index=16&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) This section details accounting policies, earnings per share, investment and loan portfolios, goodwill, and fair value measurements - The company operates as a single reportable segment, providing banking services primarily in western Massachusetts and northern Connecticut[161](index=161&type=chunk) - The Chief Operating Decision Maker (CODM) evaluates performance based on the consolidated results of the company as a whole[161](index=161&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=52&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses financial condition, operating results, and liquidity, highlighting strategies for lending growth and deposit expansion [Overview and Strategy](index=52&type=section&id=Overview%20and%20Strategy) The company's growth strategy focuses on expanding lending, increasing core deposits, and investing in technology to enhance shareholder value - Key strategic objectives include increasing market share to improve profitability and efficiency[166](index=166&type=chunk) - Growing the commercial loan portfolio and related deposits[166](index=166&type=chunk) - Expanding the retail banking deposit franchise and investing in people, systems, and technology[166](index=166&type=chunk) - Growing revenues and book value per share, paying dividends, and utilizing stock repurchases[166](index=166&type=chunk) [Comparison of Financial Condition (June 30, 2025 vs. Dec 31, 2024)](index=53&type=section&id=Comparison%20of%20Financial%20Condition) Total assets increased by **$58.1 million** to **$2.7 billion**, driven by growth in loans, cash, and investment securities - Total assets increased by **$58.1 million**, or **2.2%**, to **$2.7 billion** from December 31, 2024[171](index=171&type=chunk) - Gross loans increased by **$22.1 million** (**1.1%**), driven by growth in residential real estate (**+3.8%**) and commercial and industrial loans (**+10.8%**), partially offset by a decrease in commercial real estate loans (**-2.7%**)[176](index=176&type=chunk) - Total deposits grew by **$67.5 million** (**3.0%**), with core deposits (all deposits except time deposits) increasing by **$81.4 million** (**5.2%**)[209](index=209&type=chunk) - Shareholders' equity increased by **$3.5 million** to **$239.4 million**, with regulatory capital ratios remaining strong and well-capitalized[215](index=215&type=chunk) [Comparison of Operating Results](index=67&type=section&id=Comparison%20of%20Operating%20Results) Net income for Q2 2025 increased to **$4.6 million**, with net interest margin expanding to **2.80%** due to higher asset yields Quarterly Performance Comparison (Q2 2025 vs Q2 2024) | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Net Income | $4.6M | $3.5M | +31.4% | | Diluted EPS | $0.23 | $0.17 | +35.3% | | Net Interest Income | $17.6M | $14.5M | +21.9% | | Net Interest Margin | 2.80% | 2.42% | +38 bps | Six-Month Performance Comparison (2025 vs 2024) | Metric | 6M 2025 | 6M 2024 | Change | | :--- | :--- | :--- | :--- | | Net Income | $6.9M | $6.5M | +6.2% | | Diluted EPS | $0.34 | $0.31 | +9.7% | | Net Interest Income | $33.2M | $29.8M | +11.3% | | Net Interest Margin | 2.64% | 2.50% | +14 bps | - A reversal of credit losses of **$615,000** was recorded in Q2 2025, largely due to a **$624,000** recovery on a previously charged-off commercial relationship[230](index=230&type=chunk) - Non-interest expense increased **9.4%** for the quarter and **6.0%** for the six-month period, primarily driven by higher salaries and benefits[234](index=234&type=chunk)[254](index=254&type=chunk) [Liquidity and Capital Resources](index=76&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintains strong liquidity and capital, with significant borrowing capacity and regulatory ratios exceeding 'well-capitalized' minimums - Primary liquidity sources are deposits, loan and security amortization/prepayments, and operational funds[260](index=260&type=chunk) Available Borrowing Capacity as of June 30, 2025 | Source | Available Capacity | | :--- | :--- | | FHLB | $452.7 million | | FRB Discount Window | $383.8 million | | Correspondent Banks | $25.0 million | Consolidated Capital Ratios as of June 30, 2025 | Ratio | Actual | Minimum for Adequacy | | :--- | :--- | :--- | | Total Capital (to RWA) | 14.42% | 8.00% | | Tier 1 Capital (to RWA) | 12.40% | 6.00% | | Common Equity Tier 1 (to RWA) | 12.40% | 4.50% | | Tier 1 Leverage Ratio | 9.10% | 4.00% | [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=79&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) No material changes in market risk assessment have occurred since the 2024 Annual Report - There have been no material changes in the company's market risk assessment since the 2024 Annual Report[276](index=276&type=chunk) [Item 4. Controls and Procedures](index=79&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls and procedures were effective, with no material changes to internal control over financial reporting - The CEO and CFO concluded that disclosure controls and procedures were effective as of June 30, 2025[277](index=277&type=chunk) - No material changes to internal control over financial reporting were identified during the last fiscal quarter[278](index=278&type=chunk) PART II – OTHER INFORMATION This section provides other information, including legal proceedings, risk factors, equity sales, and exhibits [Item 1. Legal Proceedings](index=80&type=section&id=Item%201.%20Legal%20Proceedings) The company is not involved in any material pending legal proceedings beyond routine business litigation - The company reports no material pending legal proceedings outside of the ordinary course of business[279](index=279&type=chunk) [Item 1A. Risk Factors](index=80&type=section&id=Item%201A.%20Risk%20Factors) No additional material changes in risk factors have been identified since the 2024 fiscal year-end - No material changes to risk factors are reported since the 2024 Annual Report[280](index=280&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=80&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased **290,609 shares** at an average price of **$9.45** and initiated a new 1,000,000 share repurchase plan Share Repurchases - Q2 2025 | Period | Total Shares Purchased | Average Price Paid ($) | | :--- | :--- | :--- | | April 2025 | 43,291 | 9.29 | | May 2025 | 222,318 | 9.49 | | June 2025 | 25,000 | 9.37 | | **Total** | **290,609** | **9.45** | - The Board authorized a new stock repurchase plan (the "2025 Plan") in April 2025 for up to **1,000,000 shares**[287](index=287&type=chunk) [Item 5. Other Information](index=80&type=section&id=Item%205.%20Other%20Information) No Rule 10b5-1 trading arrangements were adopted or terminated by directors or officers during the quarter - No new or terminated Rule 10b5-1 trading plans were reported for directors or officers during the quarter[286](index=286&type=chunk) [Item 6. Exhibits](index=81&type=section&id=Item%206.%20Exhibits) This section lists filed exhibits, including CEO/CFO certifications and Inline XBRL financial statements

Core Viewpoint - Western New England Bancorp (WNEB) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price momentum [1][2]. Earnings Estimate Revisions - Analysts show growing optimism regarding WNEB's earnings prospects, reflected in upward revisions of earnings estimates [2]. - The current quarter's earnings estimate is projected at $0.17 per share, indicating a year-over-year increase of +88.9% [6]. - Over the past 30 days, one estimate has increased while there were no negative revisions, leading to an 8.33% rise in the Zacks Consensus Estimate for the current quarter [6]. - For the full year, the earnings estimate stands at $0.67 per share, representing a +19.6% change from the previous year [7]. - In the last month, two estimates have been revised upward with no negative revisions, resulting in a 12.85% increase in the consensus estimate for the current year [7][8]. Zacks Rank and Performance - The positive estimate revisions have earned WNEB a Zacks Rank 2 (Buy), indicating strong potential for outperformance [9]. - Historically, stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have significantly outperformed the S&P 500 [9]. - WNEB's stock has increased by 24.3% over the past four weeks due to strong estimate revisions, suggesting further upside potential [10].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Overview: Western New England Bancorp (WNEB) - WNEB currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Performance Metrics - WNEB shares have increased by 2.2% over the past week, while the Zacks Banks - Foreign industry has declined by 0.36% during the same period [5] - Over the last quarter, WNEB shares have risen by 23.05%, and over the past year, they have gained 33.92%, significantly outperforming the S&P 500, which increased by 16.43% and 18.63% respectively [6] - The average 20-day trading volume for WNEB is 205,024 shares, indicating a bullish sign with rising stock prices [7] Earnings Outlook - In the past two months, two earnings estimates for WNEB have been revised upwards, while none have been lowered, raising the consensus estimate from $0.60 to $0.67 [9] - For the next fiscal year, three estimates have also moved upwards with no downward revisions, indicating positive earnings momentum [9] Conclusion - Given the strong performance metrics and positive earnings outlook, WNEB is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]

Core Insights - Western New England Bancorp (WNEB) reported a revenue of $21.05 million for the quarter ended June 2025, reflecting a 15% increase year-over-year [1] - The earnings per share (EPS) for the quarter was $0.23, up from $0.17 in the same quarter last year, indicating a strong performance [1] - The reported revenue exceeded the Zacks Consensus Estimate of $19.06 million by 10.46%, while the EPS surpassed the consensus estimate of $0.14 by 64.29% [1] Financial Performance Metrics - The efficiency ratio for WNEB was reported at 74.4%, better than the average estimate of 78.5% from three analysts [4] - The net interest margin stood at 2.8%, compared to the average estimate of 86.7% based on three analysts [4] - Average interest-earning assets were $2.53 billion, slightly below the average estimate of $2.54 billion from two analysts [4] - Total non-interest income was $3.41 million, exceeding the average estimate of $2.81 million from three analysts [4] - Net interest income reached $17.64 million, surpassing the average estimate of $16.36 million from three analysts [4] Stock Performance - Shares of Western New England Bancorp have returned +14.4% over the past month, outperforming the Zacks S&P 500 composite's +5.9% change [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]