Western New England Bancorp: Fourth Quarter Earnings Overview

Western New England Bancorp Announces Fourth Quarter Results

Western New England Bancorp, headquartered in Westfield, Massachusetts, has disclosed a net profit of $5.2 million for the fourth quarter.

During this period, the bank achieved earnings of 26 cents per share.

The financial institution reported total revenue of $33.7 million for the quarter, with net revenue after interest expenses reaching $22 million—surpassing analysts’ expectations.

Looking at the full year, Western New England Bancorp recorded a total profit of $15.3 million, or 75 cents per share, with annual revenue amounting to $82.6 million.