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
WNEB Q2 net income falls to $3.6M ($0.18) from $4.6M ($0.23) YoY; declares $0.07 dividend
Net income of $3.6M ($0.18 diluted EPS) for Q2 2026 vs $4.6M ($0.23) in Q2 2025, down 22%.
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.
WNEB Q4 net income $2.5M ($0.12 EPS) vs $9.0M YoY; NIM 2.64%
Net income for Q4 2023 was $2.5M ($0.12 diluted EPS) versus $9.0M ($0.42) in Q4 2022.
Western New England Bancorp reports Q3 net income of $4.5M, EPS $0.21, down from $6.0M YoY
Net income $4.5M ($0.21 diluted EPS) vs $6.0M ($0.28) in Q3 2022; sequential improvement from $2.8M in Q2 2023.
Western New England Bancorp to hold virtual investor meetings on October 2, 2023
WNEB (NASDAQ) announced a series of virtual investor meetings on October 2, 2023.
Western New England Bancorp adopts non-qualified deferred compensation plan for select executives
Board adopted Westfield Bank Non-Qualified Deferred Compensation Plan on September 26, 2023.
WNEB Q2 net income plunges to $2.8M ($0.13 EPS) from $5.5M ($0.25) YoY
Net income of $2.8M ($0.13 diluted EPS) in Q2 2023, down 49% from $5.5M ($0.25) in Q2 2022.
WNEB Q1 2023 EPS $0.24, ROAA 0.84%; NIM 3.14% vs 3.47% in Q4 2022
Q1 2023 EPS $0.24 (vs $0.42 in Q4 2022; same as Q1 2022); ROAA 0.84% (vs 1.40% in Q4 2022).
Western New England Bancorp shareholders elect four directors, approve say-on-pay annually
Elected Laura J. Benoit, Donna J. Damon, Lisa G. McMahon, and Steven G. Richter to three-year terms expiring 2026.
WNEB reports Q1 net income $5.3M ($0.24 EPS), declares $0.07 dividend
Net income $5.3M ($0.24 diluted EPS), flat YoY; linked quarter down from $9.0M ($0.42).
Western New England Bancorp holds virtual investor meetings on March 21, 2023
Company conducting virtual investor meetings in Westfield, MA on March 21.
WNEB Q4 net income $9.0M ($0.42 EPS); raises dividend 17% to $0.07/share
Q4 net income $9.0M ($0.42 diluted EPS) vs $6.2M ($0.28) in Q4 2021; FY2022 net income $25.9M ($1.18) vs $23.7M ($1.02).
WNEB Q3 net income $6.0M ($0.28 EPS); loans up 7.7%, dividend $0.06
Net income Q3 2022: $6.0M ($0.28 diluted EPS) vs $6.0M ($0.27) in Q3 2021; nine-month net income $16.9M ($0.77).
Western New England Bancorp completes 2.4M share repurchase; authorizes new 1.1M buyback
Completed 2021 repurchase plan on Oct 13, 2022, buying back 2.4M shares at avg price $8.40.
WNEB announces virtual investor meetings on Sep 15, 2022; no material news disclosed
Company will hold virtual investor meetings in Westfield, Massachusetts on September 15, 2022.
Q2 net income $5.5M vs $5.7M a year ago; diluted EPS $0.25 ($0.24 in Q2 2021).
WNEB reports Q1 2022 EPS $0.24, FY2021 net income $23.7M; core deposits up 27.7%
Q1 2022 EPS $0.24; ROAA 0.85%; ROAE 9.65%; NIM tax-equivalent 3.20%.
Shareholders reelect Fitzgerald and Picknelly, approve say-on-pay and auditor at annual meeting
Gary G. Fitzgerald reelected with 15.3M votes for, 121.8K withheld.
WNEB Q1 2022 net income $5.3M ($0.24 EPS); loans +3.3%; NIM 3.18%; dividend $0.06
Net income $5.3M ($0.24/diluted) vs $5.8M ($0.24) YoY; linked Q4 was $6.2M ($0.28).
WNEB reports record net income of $23.7M in 2021; increases quarterly dividend by 20%
Net income for Q4 2021 was $6.2M ($0.28 diluted EPS), up 24% from $5.0M ($0.20) in Q4 2020.
WNEB Q3 net income $6.0M ($0.27 EPS), up 187% YoY; declares $0.05 dividend
Net income $6.0M ($0.27 diluted EPS) vs $2.1M ($0.08) in Q3 2020, up 187% YoY; linked $5.7M ($0.24) in Q2 2021.
WNEB Q2 net income $5.65M ($0.24 EPS); NIM 3.06%; core deposits up 19%
Net income of $5.65M, diluted EPS $0.24; net interest income $17.8M, up 18% YoY; NIM 3.06% on a tax-equivalent basis.
WNEB Q2 net income $5.7M ($0.24 EPS) vs $2.0M a year ago; declares $0.05 dividend
Net income $5.7M ($0.24 diluted EPS) vs $2.0M ($0.08) in Q2 2020; six-month net income $11.4M ($0.47).
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 0.85 · Median 0.60 · Most common event earnings