Western New England Bancorp Q2 FY26 net income falls 21.6% to $3.6 million; net interest income rises 9.5% to $19.3 million

Reuters2026/08/07 20:21

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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 fell to $0.18.
Net interest income climbed 9.5% to $19.3 million, as interest and dividend income rose $1.2 million while interest expense fell $510,000.
Provision for credit losses swung to $1.6 million from a $615,000 reversal, driven by a $1.8 million partial charge-off on a participation loan.
Net interest margin widened to 3.00% from 2.80%, while non-interest expense increased 4.5% to $16.4 million.
Deposits rose 1.7% to $2.4 billion, while borrowings dropped 41.0% to $62.6 million; total assets held at $2.7 billion.

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: 0001999371-26-017418), on August 07, 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; net interest income rises 9.5% to $19.3 million

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