earnings
confidence high
sentiment negative
materiality 0.70
WNEB Q1 EPS $0.14, net interest income $15.3M; director Orlen retires
Western New England Bancorp, Inc.
2024-Q1 EPS reported
$0.14
- Q1 EPS $0.14, down 42% from $0.24 YoY; ROA 0.47% vs 0.84%, ROE 5.04% vs 9.31%.
- Net interest income $15.3M (down 17% YoY); NIM (tax-equiv) 2.59% vs 3.16%.
- Total loans $2.026B (+1% YoY); deposits $2.144B (-0.6%); core deposits 70% vs 79%.
- Book value per share $10.90 vs $10.50; uninsured deposits 26% vs 29%.
- Director Gregg F. Orlen retired after 25 years; proposals include director elections and auditor ratification.