Western New England Bancorp, Inc.

Western New England Bancorp, Inc. (WNEB) reported net income of $15.3 million for fiscal year 2025, driven primarily by net interest and dividend income of $70.1 million. Total interest and dividend income reached $118.6 million, with loans contributing $105.4 million, while interest expense totaled $48.5 million. Non-interest income was $12.5 million, led by service charges and fees of $9.9 million, and non-interest expense was $62.5 million, with salaries and employee benefits accounting for $35.8 million. The company maintained strong asset quality with an allowance for credit losses of $20.3 million against total loans of $2.18 billion. Total assets stood at $2.74 billion, supported by total deposits of $2.36 billion and shareholders' equity of $247.6 million. Operating cash flow was $18.2 million, while investing activities used $113.6 million primarily for loan originations and securities purchases, and financing activities provided $69.3 million from deposit growth and long-term debt proceeds.

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