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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 Pre-Tax Profit Margin by quarter

Trends, Rankings, Statistics



WNEB Pre-Tax Profit Margin (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 Revenue Change -30.17 % -11.54 % -17.47 % 1.86 % 19.06 %
Seq. Revenue Change -6.3 % 9.01 % -17.62 % -17.02 % 18.71 %
Revenue In Millions $18.40 $19.64 $18.02 $21.87 $26.36
Pre-Tax Profit Margin 19.66 % 28.12 % 19.24 % 31.89 % 46.87 %
Pre-Tax Profit Margin Total Ranking # 617 # 614 # 982 # 603 # 435
Pre-Tax Income In Millions $3.62 $5.52 $3.47 $6.98 $12.35
Y / Y Pre-Tax Income Change -70.71 % -29.73 % -53.15 % -0.57 % 50.38 %
Seq. Pre-Tax Income Change -34.47 % 59.3 % -50.29 % -43.54 % 57.18 %


Commenting fourth Quarter 2023 Pre-Tax Profit Margin
Western New England Bancorp Inc experienced contraction in Pre-Tax Income by -34.47 % to $18 millions and Revenue by -6.3 %, while Pre-Tax Profit Margin fell to 19.66 %, below company's average Pre-Tax Profit Margin.

Observing fourth quarter 2023 results within S&Ls Savings Banks industry 13 other companies have achieved higher Pre-Tax Profit Margin. While Pre-Tax Profit Margin overall ranking has deteriorated compare to previous quarter from 614 to 617.

WNEB's Pre-Tax Profit Margin fourth quarter 2023 Company Ranking
Within: No.
S&Ls Savings Banks Industry # 14
Financial Sector # 277
Overall # 616

Pre-Tax Profit Margin Statistics
High Average Low
46.87 % 26.93 % 7.4 %
(Dec 31 2022)   (Jun 30 2016)




Other Pre-Tax Profit Margin Profitability Ratios
WNEB's Cumulative Pre-Tax Profit Margin
S&Ls Savings Banks Industry Pre-Tax Profit Margin Trends and Statistics
Financial Sector Pre-Tax Profit Margin Statistics
Pre-Tax Profit Margin Profitability Trends for overall market
WNEB's Pre-Tax Profit Margin Profitability versus S&Ls Savings Banks Industry, Financial Sector and total Market
Highest Ranking Pre-Tax Profit Margin
Lowest Ranking Pre-Tax Profit Margin
Pre-Tax Profit Margin Profit Margin for WNEB's Competitors
Pre-Tax Profit Margin Profit Margin for Western New England Bancorp Inc 's Suppliers
Pre-Tax Profit Margin Profit Margin for WNEB's Customers

You may also want to know
WNEB's Annual Growth Rates 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 Pre-Tax Income Growth
WNEB's Roa WNEB's Inventory Turnover Ratio WNEB's Growth Rates WNEB's Dividend Comparisons


Companies with similar Pre-Tax Profit Margin in the quarter ending Dec 31 2023, within S&Ls Savings Banks Industry Pre-Tax Profit MarginDec 31 2023 MRQ Pre-Tax IncomeDec 31 2023 MRQ Revenue
First Northern Community Bancorp  44.49 %$ 9.681 $ 21.759 
Provident Financial Services Inc   34.80 %$ 39.766 $ 114.261 
Sterling Bancorp inc   34.79 %$ 6.845 $ 19.675 
Bcb Bancorp Inc   34.31 %$ 8.655 $ 25.223 
Tfs Financial Corporation  34.20 %$ 26.130 $ 76.407 
Brookline Bancorp inc  32.53 %$ 28.563 $ 87.807 
Magyar Bancorp Inc   31.90 %$ 2.352 $ 7.372 
Provident Financial Holdings inc   29.17 %$ 3.025 $ 10.369 
Hsbc Holdings Plc  28.67 %$ 30,348.000 $ 105,841.000 
Codorus Valley Bancorp Inc   28.49 %$ 6.888 $ 24.173 
Northrim Bancorp Inc   25.79 %$ 8.338 $ 32.332 
Hmn Financial Inc  20.30 %$ 1.870 $ 9.211 
Western New England Bancorp Inc   19.66 %$ 3.619 $ 18.404 
Eastern Bankshares Inc   17.54 %$ 16.786 $ 95.698 
Home Federal Bancorp Inc Of Louisiana  15.96 %$ 0.807 $ 5.056 
Riverview Bancorp Inc   14.77 %$ 1.829 $ 12.380 
Bankunited inc   11.25 %$ 24.186 $ 215.049 
First Guaranty Bancshares Inc   7.56 %$ 1.618 $ 21.393 
Capitol Federal Financial Inc   6.76 %$ 2.068 $ 30.576 
If Bancorp Inc   4.70 %$ 0.232 $ 4.939 
Territorial Bancorp Inc   4.00 %$ 0.395 $ 9.873 




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