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Western New England Bancorp Inc   (WNEB)
Other Ticker:  
 
    Sector  Financial    Industry S&Ls Savings Banks
   Industry S&Ls Savings Banks
   Sector  Financial


Western New England Bancorp Inc's ROI from its fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Investment, Quarterly Results, Trends, Rankings, Statistics

What is Western New England Bancorp Inc's ROI in the fourth quarter of 2023?
Western New England Bancorp Inc achieved a return on average invested assets (ROI) of 0.59 % in its fourth quarter of 2023, which is below Western New England Bancorp Inc's average return on investment, which stands at 3.56%.

ROI decreased relative to the period ending Sep 30 2023, due to the decline in net income.

Within the Financial sector 327 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the third quarter of 2023 from 1233 to 1479.

Definition and Formula of Return on Investment


Return On Investment (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Investment Change 0.45 % 0.24 % 846.91 % 824.49 % -
Y / Y Net Income Change -72.21 % -25.15 % -50.08 % -0.28 % 45.24 %
Investment (TTM) in Millions 2,565 2,585 2,562 2,562 2,553
Return On Investment (TTM) 0.59 % 0.84 % 0.9 % 1.3 % 1.82 %
WNEB's Overall Ranking # 1479 # 1233 # 2372 # 1138 # 2067
Seq. Investment Change -0.79 % 0.89 % 0.01 % 0.35 % -1 %
Seq. Net Income Change -44.08 % 62.5 % -47.91 % -41.29 % 50.59 %
Net Income (TTM) in Millions 15 22 23 26 26




Return On Investment WNEB's Ranking
Within: No.
Industry # 11
Sector # 328
Overall # 1479

Return On Investment Statistics
High Average Low
8.29 %
3.56 %
0.59 %
(Jun 30 2022)   (Dec 31 2023)







Financial Statements
Western New England Bancorp Inc's IV. Quarter Investments $ 2,565 Millions WNEB's Balance sheet
Western New England Bancorp Inc's IV. Quarter Income $ 3 Millions Quarterly WNEB's Income Statement
WNEB's Income by Division See WNEB's Income by Division


WNEB Annual Return On Investment (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Investments in Millions 2,565 2,553 282 328 469
Y / Y Investment Growth 0.45 % 806.89 % -14.06 % -30.09 % 1.13 %
Net Income in Millions 15 26 24 11 13
Y / Y Net Income Growth -41.79 % 9.23 % 111.32 % -15.99 % -18.64 %
Annual Return On Investment 0.59 % 1.01 % 8.42 % 3.42 % 2.85 %


Annual Roi Comment
In the fiscal year 2023 ROI decreased relative to the previous year to 0.59 %, due to deterioration of net income.

Definition and Formula of Return on Investment

Other ROI Ratios
S&Ls Savings Banks Industry Roi Trends and Statistics
Financial Sector Return On Investment Statistics
Roi Trends for overall market
WNEB's Roi Ratio versus S&Ls Savings Banks Industry, Financial Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Return On Investment for WNEB's Competitors
Roi for Western New England Bancorp Inc's Suppliers
Return On Investment for WNEB's Customers

Other Ratios
WNEB's Roa WNEB's Inventory Turnover Ratio WNEB's Growth Rates WNEB's Dividend Statistics
WNEB's Profitability Ratios WNEB's Asset Turnover Ratio WNEB's Dividend Growth
WNEB's Roe WNEB's Valuation Ratios WNEB's Financial Strength Ratios WNEB's Dividend Payout Ratio



Companies with similar Return On Investment at Dec 31 2023, within Financial Sector ROI
Macatawa Bank Corp  1.60 %
Realty Income Corporation  1.60 %
First Ban corp   1.60 %
Capital Bancorp Inc  1.60 %
Consumer Portfolio Services Inc   1.58 %
Cb Financial Services Inc   1.58 %
Unity Bancorp inc   1.56 %
Old Second Bancorp Inc  1.56 %
Digital Realty Trust inc   1.55 %
Cathay General Bancorp  1.55 %
S and t Bancorp Inc   1.55 %
Columbia Banking System Inc   1.54 %
Granite Real Estate Investment Trust  1.53 %
Commerce Bancshares Inc   1.52 %
South Plains Financial Inc   1.51 %
Rlj Lodging Trust  1.51 %
Citizens Inc   1.50 %
First Financial Ban corp   1.49 %
Metrocity Bankshares inc   1.48 %
First Community Bankshares Inc  1.48 %
National Rural Utilities Cooperative Finance Corpo  1.47 %
1st Source Corporation  1.46 %
Lakeland Financial Corporation  1.45 %
National Bank Holdings Corp  1.43 %
Parke Bancorp Inc   1.43 %
Republic Bancorp inc   1.42 %
German American Bancorp Inc   1.42 %
Timberland Bancorp Inc   1.41 %
Mercury General Corporation  1.41 %
Enterprise Financial Services Corp  1.39 %


Date modified: 2024-03-10T15:44:01+00:00



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