earnings
confidence high
sentiment negative
materiality 0.70
WNEB Q2 net income falls to $3.6M ($0.18) from $4.6M ($0.23) YoY; declares $0.07 dividend
Western New England Bancorp, Inc.
- Net income of $3.6M ($0.18 diluted EPS) for Q2 2026 vs $4.6M ($0.23) in Q2 2025, down 22%.
- Net interest margin improved to 3.00% (tax-equivalent 3.02%) from 2.95% linked quarter.
- Board declared $0.07 per share quarterly cash dividend, payable Aug 26, 2026 to holders of record Aug 12, 2026.
- Repurchased 195,000 shares at avg $13.80 in Q2; 491,465 shares remain under 2025 Repurchase Plan.
- Total loans grew $9.9M (0.5%) to $2.2B; core deposits 69.4% of total deposits; nonaccrual loans 0.35%.