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Western New England Bancorp (WNEB) Surpasses Q2 Earnings and Revenue Estimates

Group 1 - Western New England Bancorp (WNEB) reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, and up from $0.17 per share a year ago, representing an earnings surprise of +64.29% [1] - The company posted revenues of $21.05 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 10.46%, compared to year-ago revenues of $18.3 million [2] - The stock has gained approximately 9.1% since the beginning of the year, outperforming the S&P 500's gain of 7.2% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.16 on revenues of $19.72 million, and for the current fiscal year, it is $0.60 on revenues of $77.33 million [7] - The Zacks Industry Rank for Banks - Foreign is currently in the top 6% of over 250 Zacks industries, indicating strong performance potential [8]