Western New England Bancorp Q1 FY26 net income more than doubles to $4.8 million
Western New England Bancorp, Inc. WNEB | 0.00 |
- Western New England Bancorp more than doubled net income to $4.8 million, or $0.24 per diluted share, for quarter ended March 31, 2026.
- Net interest income climbed 21.2% to $18.8 million, while net interest margin widened 46 basis points to 2.95%.
- Provision for credit losses fell 47.2% to $75,000, while non-interest income rose 24.4% to $3.4 million.
- Total assets edged up 1% to $2.8 billion, while total deposits increased 0.9% to $2.4 billion.
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