---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-23-012622"
form_type: "8-K"
ticker: "WNEB"
cik: "0001157647"
company_name: "Western New England Bancorp, Inc."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:26:51.749060+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Western New England Bancorp reports Q3 net income of $4.5M, EPS $0.21, down from $6.0M YoY

## Summary
- Net income $4.5M ($0.21 diluted EPS) vs $6.0M ($0.28) in Q3 2022; sequential improvement from $2.8M in Q2 2023.
- Quarterly cash dividend of $0.07/share declared, payable Nov 22 to holders of record Nov 8.
- Total loans $2.0B, up 1.2% since Dec 2022; deposits grew $18.3M linked quarter to $2.2B.
- Nonperforming loans 0.31% of total loans; allowance for credit losses 0.99% of loans.
- Repurchased 155,161 shares in Q3 at avg $6.50; 404,905 shares YTD at avg $7.27.

## SEC filing metadata
- accession: 0001387131-23-012622
- form_type: 8-K
- ticker: WNEB
- cik: 0001157647
- company_name: Western New England Bancorp, Inc.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1157647/000138713123012622/0001387131-23-012622-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1157647/000138713123012622/wneb-8k_102423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-23-012622
- JSON: https://secwatch.observer/filing/0001387131-23-012622.json
- Plain text: https://secwatch.observer/filing/0001387131-23-012622.txt

## Key facts
- Earnings Releases
  Western New England Bancorp, Inc. reported the nine months ended September 30, 2023 results: net income $12.6 million, EPS $0.58 per diluted share.
  - Period: the nine months ended September 30, 2023
  - Net income: $12.6 million
  - EPS: $0.58 per diluted share
  - Result: reported results
  source text: For the nine months ended September 30, 2023, net income was $12.6 million, or $0.58 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1157647/000138713123012622/0001387131-23-012622-index.htm
- Earnings Releases
  Western New England Bancorp, Inc. reported the three months ended September 30, 2023 results: net income $4.5 million, EPS $0.21 per diluted share.
  - Period: the three months ended September 30, 2023
  - Net income: $4.5 million
  - EPS: $0.21 per diluted share
  - Result: reported results
  source text: For the three months ended September 30, 2023, the Company reported net income of $4.5 million, or $0.21 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1157647/000138713123012622/0001387131-23-012622-index.htm

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