WNEB Q2 net income $3.5M ($0.17 EPS); declares $0.07 dividend

Western New England Bancorp, Inc.

2024-Q2 EPS reported $0.31

Net income $3.5M ($0.17 diluted EPS) up from $2.8M ($0.13) in Q2 2023; six-month net income $6.5M.
Net interest margin 2.42% vs 2.57% linked quarter; net interest income fell 5.7% QoQ to $14.5M.
Quarterly dividend $0.07/share payable Aug 21 to holders of record Aug 7; unchanged from prior quarter.
Total deposits $2.2B, up 1.3% from Dec 2023; nonperforming loans 0.29% of total loans.
Repurchased 269,841 shares in Q2 at avg $6.62; 936,759 shares remain under 2024 repurchase plan.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.