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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
 


 
 WNEB $7.6100 $-0.3000 -3.79%

 Volume (M): 105   Open : 7.87    52 Wk Avg :  7.22

 
 WNEB $7.6100 $-0.3000 -3.79%

 Volume (M): 105   Open : 7.87    52 Wk Avg :  7.22




WNEB Today's High: $8.115 WNEB Shares One Week Perf: -8.09 %
WNEB Today's Low: $ 7.60 WNEB Shares 30 Day Performance: -4.04 %
Number of WNEB Shares Traded (M): 105 WNEB Share Price 52 Wk High: $ 9.25
Value of WNEB's Shares Traded (M$): $ 798 WNEB Share Price 52 Wk Avg: $7.22
Share Price at the Open: $7.87 WNEB's Share Price 52 Wk Low: $5.58



  News about Western New England Bancorp Inc's Stock Splits and Dividends

Western New England Bancorp, Inc.: A Glance at the Fiscal Changes & Market Implications for 2023


In the bustling world of finance, the turning of the calendar to welcome a new year also brings the all-important evaluation of a company's financial performance for the prior year. When it comes to Western New England Bancorp, Inc. (WNEB), a careful analysis of their results yielded some intriguing insights.
WNEB, the mother company for Westfield Bank, proudly disclosed its unaudited results for both the third quarter and the entirety of 2023. The reported net income for the final quarter, which ended on December 31, 2023, stood at an impressive $2.5 million. This translates into $0.12 per diluted share. In contrast, the figures for the corresponding third quarter of 2022 showed a net income of $9.0 million, equating to $0.42 per diluted share.

Western New England Bancorp, Inc. Reports Steady Financial Performance Amid Challenging Economic Climate



In the recent press release by Western New England Bancorp, Inc. (NASDAQ: WNEB), the holding company for Westfield Bank, the financial institution unveiled its unaudited results for the three and nine months ended September 30, 2023. Despite a slight decrease in net income compared to the previous year, the company demonstrated resilience and stability amidst the prevailing economic challenges. Additionally, the article will provide insights into the recent five-day performance of Western New England Bancorp Inc shares, offering readers a comprehensive overview of the company's performance.

The press release by Western New England Bancorp, Inc. highlighted the financial results for the three and nine-month periods ending September 30, 2023. During the three months ending September 30, 2023, the company reported net income of $4.5 million, equivalent to $0.21 per diluted share. This represents a decrease compared to the same period in 2022 when net income amounted to $6.0 million, or $0.28 per diluted share. However, on a linked quarter basis, net income remained stable at $4.5 million, consistent with the prior quarter's results.





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