---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-23-006337"
form_type: "8-K"
ticker: "WNEB"
cik: "0001157647"
company_name: "Western New England Bancorp, Inc."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T03:36:30.724443+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WNEB Q1 2023 EPS $0.24, ROAA 0.84%; NIM 3.14% vs 3.47% in Q4 2022

## Summary
- Q1 2023 EPS $0.24 (vs $0.42 in Q4 2022; same as Q1 2022); ROAA 0.84% (vs 1.40% in Q4 2022).
- Net interest margin 3.14% (3.16% tax-equiv); down from 3.44% (3.47% tax-equiv) in Q4 2022.
- Total loans $2.006B at Mar 31, 2023; total deposits $2.157B; loan/deposit ratio 93%.
- Nonperforming loans/total loans 0.29%; allowance for loan losses to NPLs 350% (Dec 2022).
- Core deposits 79% of total deposits; uninsured deposits 29% of total.

## SEC filing metadata
- accession: 0001387131-23-006337
- form_type: 8-K
- ticker: WNEB
- cik: 0001157647
- company_name: Western New England Bancorp, Inc.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1157647/000138713123006337/0001387131-23-006337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1157647/000138713123006337/wneb-8k_051123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-23-006337
- JSON: https://secwatch.observer/filing/0001387131-23-006337.json
- Plain text: https://secwatch.observer/filing/0001387131-23-006337.txt

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