---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-22-000686"
form_type: "8-K"
ticker: "WNEB"
cik: "0001157647"
company_name: "Western New England Bancorp, Inc."
filed_at: "2022-01-25T23:59:59+00:00"
generated_at: "2026-06-27T15:46:41.469202+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# WNEB reports record net income of $23.7M in 2021; increases quarterly dividend by 20%

## Summary
- Net income for Q4 2021 was $6.2M ($0.28 diluted EPS), up 24% from $5.0M ($0.20) in Q4 2020.
- Full-year 2021 net income reached $23.7M ($1.02 EPS), more than double the $11.2M ($0.45) in 2020.
- Quarterly cash dividend increased 20% to $0.06 per share, payable Feb 23, 2022 to holders of record Feb 9.
- Commercial real estate loans grew $146M (17.5%) YoY; core deposits increased $401.5M (27.7%) to 82.1% of total deposits.
- NIM (ex-PPP) was 2.97% for Q4, down slightly from 2.99% linked quarter; stock repurchases totaled 2.76M shares at avg $8.33 in 2021.

## SEC filing metadata
- accession: 0001387131-22-000686
- form_type: 8-K
- ticker: WNEB
- cik: 0001157647
- company_name: Western New England Bancorp, Inc.
- filed_at: 2022-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1157647/000138713122000686/0001387131-22-000686-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1157647/000138713122000686/wneb-8k_012522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-22-000686
- JSON: https://secwatch.observer/filing/0001387131-22-000686.json
- Plain text: https://secwatch.observer/filing/0001387131-22-000686.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.