Western New England Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary

Western New England Bancorp

22/07/2025 21:59

Western New England Bancorp Inc WNEB.OQ reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 17 cents.  The mean expectation of three analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 14 cents to 15 cents per share.

Revenue rose 21.9% to $17.64 million from a year ago; analysts expected $16.40 million.

Western New England Bancorp Inc's reported EPS for the quarter was 23 cents​.

The company reported quarterly net income of $4.59 million.

Western New England Bancorp Inc shares had risen by 8.8% this quarter and gained 9.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "buy."

Wall Street's median 12-month price target for Western New England Bancorp Inc is $10.00, about 0.4% below its last closing price of $10.04

This summary was machine generated from LSEG data July 22 at 08:59 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.14
0.22
Beat
Mar. 31 2025
0.12
0.11
Missed
Dec. 31 2024
0.12
0.16
Beat
Sep. 30 2024
0.10
0.09
Missed