Western New England Bancorp (WNEB) Reports Q1 Earnings: What Key Metrics Have to Say

Core Viewpoint - Western New England Bancorp (WNEB) reported a slight increase in revenue but a decrease in earnings per share (EPS) compared to the previous year, indicating mixed financial performance for the quarter ended March 2025 [1]. Financial Performance Summary - Revenue for the quarter was $18.29 million, reflecting a 1.5% increase year-over-year [1]. - EPS was reported at $0.11, down from $0.14 in the same quarter last year [1]. - The revenue fell short of the Zacks Consensus Estimate of $18.53 million, resulting in a surprise of -1.25% [1]. - The EPS also missed the consensus estimate of $0.12, leading to an EPS surprise of -8.33% [1]. Key Metrics Overview - Efficiency ratio was reported at 83%, slightly higher than the estimated 82.2% [4]. - Net Interest Margin stood at 2.5%, matching the average estimate [4]. - Average Interest-Earning Assets were $2.53 billion, exceeding the two-analyst average estimate of $2.51 billion [4]. - Total Non-Interest Income was $2.76 million, below the three-analyst average estimate of $2.93 million [4]. - Net Interest Income was reported at $15.53 million, slightly lower than the average estimate of $15.59 million [4]. Stock Performance - Shares of Western New England Bancorp have returned -8.5% over the past month, compared to a -8.9% change in the Zacks S&P 500 composite [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].