Western New England Bancorp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023


Western New England Bancorp, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 16.85 million compared to USD 19.39 million a year ago. Net income was USD 2.76 million compared to USD 5.54 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to USD 0.25 a year ago.
For the six months, net interest income was USD 35.35 million compared to USD 38.09 million a year ago. Net income was USD 8.07 million compared to USD 10.85 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.49 a year ago.

© S&P Capital IQ



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