---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-22-005948"
form_type: "8-K"
ticker: "WNEB"
cik: "0001157647"
company_name: "Western New England Bancorp, Inc."
filed_at: "2022-05-11T23:59:59+00:00"
generated_at: "2026-06-25T20:27:56.323431+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WNEB reports Q1 2022 EPS $0.24, FY2021 net income $23.7M; core deposits up 27.7%

## Summary
- Q1 2022 EPS $0.24; ROAA 0.85%; ROAE 9.65%; NIM tax-equivalent 3.20%.
- FY2021 net income of $23.7M ($1.03 diluted EPS); record profitability.
- Core deposits increased $402M (27.7%) in 2021; low-cost deposit base.
- Commercial real estate loans grew $59.5M (6.1%) in Q1 2022.
- Nonperforming loans/total loans at historical low of 0.21%; allowance coverage 398.6%.

## SEC filing metadata
- accession: 0001387131-22-005948
- form_type: 8-K
- ticker: WNEB
- cik: 0001157647
- company_name: Western New England Bancorp, Inc.
- filed_at: 2022-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1157647/000138713122005948/0001387131-22-005948-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1157647/000138713122005948/wneb-8k_051122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-22-005948
- JSON: https://secwatch.observer/filing/0001387131-22-005948.json
- Plain text: https://secwatch.observer/filing/0001387131-22-005948.txt

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