secwatch.observer — SEC 8-K summary
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Issuer:     Western New England Bancorp, Inc. (WNEB)
CIK:        0001157647
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001839882-25-004372
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WNEB reports Q4 net income $3.3M ($0.16 EPS); full-year EPS $0.56 vs $0.70 in 2023
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1157647/000183988225004372/0001839882-25-004372-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1157647/000183988225004372/wneb-8k_012825.htm
  HTML page:      https://secwatch.observer/filing/0001839882-25-004372

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer