{"schema_version":"secwatch.filing_event.v1","accession":"0001387131-23-000531","form_type":"8-K","ticker":"WNEB","cik":"0001157647","company_name":"Western New England Bancorp, Inc.","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.988775+00:00","generated_at":"2026-06-20T10:31:59.652839+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"WNEB Q4 net income $9.0M ($0.42 EPS); raises dividend 17% to $0.07/share","bullets":["Q4 net income $9.0M ($0.42 diluted EPS) vs $6.2M ($0.28) in Q4 2021; FY2022 net income $25.9M ($1.18) vs $23.7M ($1.02).","Quarterly dividend raised 17% to $0.07/share, payable Feb 22, 2023 to holders of record Feb 8, 2023.","Net interest margin expanded to 3.44% in Q4 from 3.08% a year ago; loans grew 6.8% to $2.0B.","Efficiency ratio improved to 52.8% in Q4 from 62.7% in Q3; nonperforming loans remain low at 0.29% of total loans.","Pension plan termination (effective Oct 2022) contributed $2.8M curtailment gain to Q4 non-interest income."],"urls":{"canonical":"https://secwatch.observer/filing/0001387131-23-000531","json":"https://secwatch.observer/filing/0001387131-23-000531.json","markdown":"https://secwatch.observer/filing/0001387131-23-000531.md","text":"https://secwatch.observer/filing/0001387131-23-000531.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1157647/000138713123000531/0001387131-23-000531-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1157647/000138713123000531/wneb-8k_012423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:31:59.652839+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"05e276cb0039b2a9441b80ac471da70205e56989","claim":"Western New England Bancorp, Inc. reported twelve months ended December 31, 2022 results: net income $25.9 million, EPS $1.18 per diluted share.","evidence_excerpt":"For the twelve months ended December 31, 2022, net income was $25.9 million, or $1.18 per diluted share, compared to net income of $23.7 million, or $1.02 per diluted share, for the twelve months ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1157647/000138713123000531/0001387131-23-000531-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"twelve months ended December 31, 2022"},{"label":"Net income","value":"$25.9 million"},{"label":"EPS","value":"$1.18 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"65c48a64d88acb67296cd8a860d67592d09c7e14","claim":"Western New England Bancorp, Inc. reported three months ended December 31, 2022 results: net income $9.0 million, EPS $0.42 per diluted share.","evidence_excerpt":"For the three months ended December 31, 2022, the Company reported net income of $9.0 million, or $0.42 per diluted share, compared to net income of $6.2 million, or $0.28 per diluted share, for the three months ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1157647/000138713123000531/0001387131-23-000531-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2022"},{"label":"Net income","value":"$9.0 million"},{"label":"EPS","value":"$0.42 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}