earnings
confidence high
sentiment neutral
materiality 0.65
WNEB reports Q4 net income $3.3M ($0.16 EPS); full-year EPS $0.56 vs $0.70 in 2023
Western New England Bancorp, Inc.
2024-FY EPS reported
$0.56
- Q4 net income $3.3M ($0.16 diluted EPS) vs $2.5M ($0.12) in Q4 2023 and $1.9M ($0.09) in Q3 2024.
- Full-year 2024 net income $11.7M ($0.56 EPS) vs $15.1M ($0.70) in 2023, down 22.5%.
- Net interest margin 2.41% in Q4 2024, up 1bp from Q3 2024 (2.40%); tax-equivalent NIM 2.43%.
- Board declared $0.07 quarterly dividend, payable Feb 26, 2025 to holders of record Feb 12, 2025.
- Repurchased 934,282 shares in 2024 at avg $7.94; book value per share $11.30 (+3.1% YoY).