Gregg F. Orlen
On May 9, 2024, Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”) accepted the retirement of Gregg F. Orlen from its Board of Directors.
Highest-materiality recent filing
Western New England Bancorp shareholders elect four directors, approve say-on-pay, ratify auditor.
Shareholders elected four directors to three-year terms expiring 2029: Benoit, Damon, McMahon, Richter.
Western New England Bancorp holds 2026 annual meeting; presentation slides furnished
Presentation slides for 2026 Annual Meeting filed as Exhibit 99.1.
WNEB Q1 2026 net income $4.8M ($0.24 EPS), NIM expands to 2.95%
Net income $4.8M ($0.24 diluted EPS) vs $2.3M ($0.11 EPS) in Q1 2025, more than doubled.
Director Paul Picknelly to retire from WNEB board effective May 14, 2026
Paul Picknelly notified the Board on February 24, 2026 of his retirement.
WNEB reports Q4 net income $5.2M ($0.26 EPS), up from $3.3M; dividend $0.07
Net income for Q4 2025 $5.2M ($0.26 diluted EPS) vs $3.3M ($0.16) in Q4 2024; FY 2025 net income $15.3M ($0.75) vs $11.7M ($0.56).
WNEB Q3 net income $3.2M ($0.16 EPS) vs $1.9M ($0.09 EPS) year ago; declares $0.07 dividend
Net income $3.2M ($0.16 diluted EPS) for Q3 2025, up from $1.9M ($0.09 EPS) in Q3 2024; nine-month net income $10.1M ($0.50 EPS).
WNEB Q2 2025 net income $4.6M ($0.23 EPS); NIM expands 31bps to 2.80%
Net income rose to $4.6M ($0.23 diluted EPS) vs $3.5M ($0.17) in Q2 2024 and $2.3M ($0.11) in Q1 2025.
WNEB completes 2024 share repurchase plan at $8.79 avg; new 1M-share plan in place
Completed 2024 repurchase plan on May 30, 2025; repurchased 1.0M shares at avg price $8.79/share.
Western New England Bancorp holds 2025 Annual Meeting; proposals and financial recap presented
Proposal 1: Election of directors Gary G. Fitzgerald and Paul C. Picknelly for three-year terms.
Shareholders approve increase in shares under 2021 Omnibus Incentive Plan by 1M shares
Shareholders elected directors Gary G. Fitzgerald (13,099,663 for) and Paul C. Picknelly (12,735,191 for) to three-year terms expiring 2028.
WNEB reports Q1 net income $2.3M; declares $0.07 dividend; authorizes 1M share buyback
Net income $2.3M ($0.11 diluted EPS) for Q1 2025 vs $3.0M ($0.14) in Q1 2024; net interest margin up 8 bps to 2.49%.
WNEB reports Q4 net income $3.3M ($0.16 EPS); full-year EPS $0.56 vs $0.70 in 2023
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.
WNEB Q3 net income drops 58% YoY to $1.9M; EPS $0.09 vs $0.21
Net income of $1.9M ($0.09 diluted EPS) vs $4.5M ($0.21) in Q3 2023, down 58%.
WNEB Q2 net income $3.5M ($0.17 EPS); declares $0.07 dividend
Net income $3.5M ($0.17 diluted EPS) up from $2.8M ($0.13) in Q2 2023; six-month net income $6.5M.
WNEB completes 2022 repurchase plan, authorizes new 1.0M share buyback
Completed repurchase of 1,100,000 shares (≈5% of outstanding) under 2022 plan at average price $7.34 per share.
Western New England Bancorp authorizes repurchase of up to 1.0M shares (~4.6% of outstanding)
Board authorized 2024 Plan to repurchase up to 1.0 million shares (~4.6% of outstanding shares).
WNEB Q1 EPS $0.14, net interest income $15.3M; director Orlen retires
Q1 EPS $0.14, down 42% from $0.24 YoY; ROA 0.47% vs 0.84%, ROE 5.04% vs 9.31%.
WNEB director retirement and annual meeting results
Director Gregg F. Orlen retired effective May 9, 2024 under age-based policy.
WNEB Q1 net income $3.0M ($0.14 EPS) down 43% YoY; NIM 2.57%
Net income $3.0M ($0.14 diluted EPS) vs $5.3M ($0.24) in Q1 2023.
On May 9, 2024, Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”) accepted the retirement of Gregg F. Orlen from its Board of Directors.
Max materiality 0.75 · Median 0.55 · Most common event earnings