Western New England Bancorp Q2 FY26 net income falls 21.6% to $3.6 million

Reuters2026/07/28 20:35

By:Reuters

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Western New England Bancorp posted Q2 net income of $3.6 million, down 21.6% from a year earlier; diluted EPS was $0.18.
Net interest margin widened to 3.00%, up 20 basis points year over year; provision for credit losses was $1.6 million versus a reversal last year.
Total loans rose 0.5% since Dec. 31 to $2.2 billion; deposits increased 1.7% to $2.4 billion, led by a 6.6% rise in time deposits.
Nonaccrual loans increased to $7.8 million, or 0.35% of loans; delinquent loans climbed to $4.7 million, or 0.21% of loans.
Board declared a $0.07 quarterly cash dividend payable Aug. 26 to holders of record Aug. 12; 195,000 shares repurchased at $13.80 average.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western New England Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001999371-26-016255), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Western New England Bancorp Q2 FY26 net income falls 21.6% to $3.6 million

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