Western New England Bancorp, Inc. (WNEB)

ANSYS Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	101.52	98.9	91.17	77.26	74.2	77.84
Interest Income on Investments	12.96	10.93	9.95	8.66	5.65	5.04
Total Interest Income	114.48	109.83	101.12	85.93	79.85	82.88
Interest Paid on Deposits	44.42	42.24	26.65	5.35	5.51	13.5
Interest Paid on Borrowings	6.88	7.78	6.56	1.34	1.16	4.95
Total Interest Expense	51.3	50.02	33.21	6.7	6.67	18.45
Net Interest Income	63.18	59.82	67.91	79.23	73.18	64.43
Net Interest Income Growth (YoY)	1.29%	-11.92%	-14.29%	8.27%	13.58%	11.13%
Gain (Loss) on Sale of Assets	-	-0.01	-0	-	-	-
Gain (Loss) on Sale of Investments	0.56	1.3	0.59	-0.3	0.66	2.07
Other Non-Interest Income	11.76	11.37	10.68	10.82	9.93	7.18
Total Non-Interest Income	12.57	12.9	11.26	10.53	12.01	9.25
Non-Interest Income Growth (YoY)	4.22%	14.57%	7.00%	-12.36%	29.81%	-4.68%
Revenues Before Loan Losses	75.74	72.72	79.17	89.76	85.19	73.68
Provision for Loan Losses	-0.29	-0.67	0.87	0.7	-0.93	7.78
Revenue	76.04	73.39	78.3	89.06	86.11	65.91
Revenue Growth (YoY)	2.15%	-6.28%	-12.08%	3.42%	30.66%	1.38%
Salaries and Employee Benefits	31.74	30.65	30.24	30.94	30.2	27.96
Federal Deposit Insurance	1.56	1.46	1.32	1.05	1	1.03
Selling, General & Administrative	18.99	18.48	18.54	17.74	15.11	13.82
Other Non-Interest Expense	7.88	7.85	8.26	7.51	8.59	7.95
Total Non-Interest Expense	60.17	58.43	58.35	57.24	54.9	50.76
EBT Excluding Unusual Items	15.86	14.96	19.95	31.82	31.21	15.14
Other Unusual Items	-	-	-1.14	2.81	-0.05	-0.99
Pretax Income	15.86	14.96	19.58	34.63	31.72	14.16
Income Tax Expense	3.78	3.29	4.52	8.74	8.03	2.94
Net Income	12.09	11.67	15.07	25.89	23.7	11.22
Net Income to Common	12.09	11.67	15.07	25.89	23.7	11.22
Net Income Growth	-10.32%	-22.58%	-41.79%	9.23%	111.32%	-15.99%
Basic Shares Outstanding	20	21	22	22	23	25
Diluted Shares Outstanding	21	21	22	22	23	25
Shares Change (YoY)	-3.57%	-2.75%	-1.49%	-5.85%	-7.03%	-4.72%
EPS (Basic)	0.59	0.56	0.70	1.18	1.02	0.45
EPS (Diluted)	0.59	0.56	0.70	1.18	1.02	0.45
EPS Growth	-7.14%	-20.22%	-40.71%	15.69%	127.80%	-12.17%
Dividend Per Share	0.280	0.280	0.280	0.250	0.200	0.200
Dividend Growth	-	-	12.00%	25.00%	-	-
Effective Tax Rate	23.82%	22.00%	23.06%	25.25%	25.30%	20.78%

Updated Jul 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q