Western New England Bancorp, Inc. financial data

Symbol
WNEB on Nasdaq
Industry
Savings Institution, Federally Chartered
Location
141 Elm Street, Westfield, Massachusetts
State of incorporation
Massachusetts
Fiscal year end
December 31
Former names
WESTFIELD FINANCIAL INC (to 9/30/2016)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 995 % -5.83%
Return On Equity 5.43 % -53.4%
Return On Assets 0.5 % -50.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.6M shares -2.83%
Common Stock, Shares, Outstanding 21.6M shares -2.62%
Entity Public Float 129M USD -23.1%
Common Stock, Value, Issued 216K USD -2.7%
Weighted Average Number of Shares Outstanding, Basic 21.2M shares -2.39%
Weighted Average Number of Shares Outstanding, Diluted 21.3M shares -2.05%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 16.4M USD -52.6%
Income Tax Expense (Benefit) 3.67M USD -57.9%
Net Income (Loss) Attributable to Parent 12.7M USD -50.8%
Earnings Per Share, Basic 0.6 USD/shares -49.6%
Earnings Per Share, Diluted 0.6 USD/shares -49.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 14.3M USD -0.49%
Property, Plant and Equipment, Net 25M USD +2.42%
Operating Lease, Right-of-Use Asset 8.2M USD -11.1%
Goodwill 12.5M USD 0%
Assets 2.56B USD -0.19%
Liabilities 2.32B USD -0.32%
Accumulated Other Comprehensive Income (Loss), Net of Tax -23.6M USD -2.32%
Retained Earnings (Accumulated Deficit) 138M USD +5.08%
Stockholders' Equity Attributable to Parent 236M USD +1.1%
Liabilities and Equity 2.56B USD -0.19%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.17M USD
Net Cash Provided by (Used in) Financing Activities -7.97M USD -164%
Net Cash Provided by (Used in) Investing Activities 566K USD
Common Stock, Shares Authorized 75M shares 0%
Common Stock, Shares, Issued 21.6M shares -2.62%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -6.23M USD +12.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 22.6M USD -2.66%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10.2M USD +104%
Deferred Tax Assets, Gross 18.1M USD -6.82%
Operating Lease, Liability 8.47M USD -10.4%
Payments to Acquire Property, Plant, and Equipment 2.9M USD +154%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 12.2M USD -48.1%
Lessee, Operating Lease, Liability, to be Paid 9.89M USD -11.6%
Property, Plant and Equipment, Gross 61.2M USD +4.94%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.32M USD -2.93%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.47M USD +3.58%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 191K USD -82.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.42M USD -17.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.28M USD -0.08%
Deferred Federal Income Tax Expense (Benefit) 94K USD -86.8%
Current Income Tax Expense (Benefit) 4.33M USD -43.5%
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.02M USD -17.8%
Operating Lease, Payments 1.49M USD +0.41%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 1.34M USD -44.4%
Current Federal Tax Expense (Benefit) 2.99M USD -43.1%
Amortization of Intangible Assets 94K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 13.6M USD -9.26%
Deferred State and Local Income Tax Expense (Benefit) 97K USD -74.2%
Interest Expense 39.3M USD +272%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%