Western New England Bancorp (WNEB) Financial Statements & Analysis

Western New England Bancorp (WNEB) Income Statement

Western New England Bancorp reported revenue of $82.28M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 13.1% from $72.73M a year earlier. Net income was $15.27M, up 30.9% year over year, a net margin of 18.6%. Gross margin was 97.8% and operating margin 23.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $6.43M, down 80.1% from the same quarter a year earlier.

Western New England Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Western New England Bancorp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	82.28	72.73	79.95	89.76	92.41	92.13	91.82	88.22	82.54
Cost of Revenue	49.34	49.35	34.08	7.40	5.75	26.22	26.81	20.88	16.01
Gross Profit	80.49	73.39	77.94	91.86	86.67	65.91	65.01	67.35	66.54
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	19.52	35.52	35.20	35.15	34.48	31.49	32.20	30.62	29.72
Operating Expenses	61.18	58.43	58.35	57.24	54.94	51.75	47.81	46.24	44.79
Operating Income	19.31	14.96	19.58	34.63	31.72	14.16	17.20	21.11	21.75
Other Income/Expense
Interest Income	118.62	109.83	101.12	85.93	79.85	82.88	82.12	78.99	74.04
Interest Expense	48.52	50.02	33.21	6.70	6.67	18.45	24.14	18.98	14.65
Other Income/Expense	0.49	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	19.79	14.96	19.58	34.63	31.72	14.16	17.20	21.11	21.75
Income Tax Expense	4.52	3.29	4.52	8.74	8.03	2.94	3.85	4.70	9.43
Net Income	15.27	11.67	15.07	25.89	23.70	11.22	13.35	16.41	12.32
Net Income - Continuous Operations	15.27	11.67	15.07	25.89	23.70	11.22	13.35	16.41	12.32
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	2.48	2.61	22.18	37.32	34.42	16.68	19.66	23.54	24.09
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	2.48	2.61	2.59	2.69	2.70	2.52	2.46	2.43	2.34
Earnings Per Share
Basic EPS	1.00	1.00	1.00	1.00	1.00	-	1.00	1.00	-
Diluted EPS	1.00	1.00	1.00	1.00	1.00	-	1.00	1.00	-
Basic Shares Outstanding	20.19	20.90	21.54	21.88	23.22	25.05	26.19	28.89	29.86
Diluted Shares Outstanding	20.32	21.02	21.61	21.94	23.30	25.06	26.30	29.03	30.03

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Western New England Bancorp Financial Statements

What was Western New England Bancorp's revenue in fiscal 2025?

Western New England Bancorp reported revenue of $82.28M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 13.1% from $72.73M a year earlier.

Is Western New England Bancorp profitable?

Yes. Western New England Bancorp earned net income of $15.27M in fiscal 2025, a net margin of 18.6%. In fiscal 2024 it earned $11.67M.

What is Western New England Bancorp's operating margin?

Western New England Bancorp's operating income was $19.30M on revenue of $82.28M in fiscal 2025, an operating margin of 23.5%, compared with 20.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition