WNEB
Income statement / Annual
Last year (2024), Western New England Bancorp, Inc.'s total revenue was $122.74 M,
an increase of 9.57% from the previous year.
In 2024, Western New England Bancorp, Inc.'s net income was $11.67 M.
See Western New England Bancorp, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$122.74 M |
$112.02 M |
$99.26 M |
$92.41 M |
$92.13 M |
$91.82 M |
$88.22 M |
$82.54 M |
$55.48 M |
$48.64 M |
| Cost of Revenue |
$49.35 M
|
$34.08 M
|
$7.40 M
|
$5.75 M
|
$26.22 M
|
$26.81 M
|
$20.88 M
|
$16.01 M
|
$11.86 M
|
$12.07 M
|
| Gross Profit |
$73.39 M
|
$77.94 M
|
$91.86 M
|
$86.67 M
|
$65.91 M
|
$65.01 M
|
$67.35 M
|
$66.54 M
|
$43.62 M
|
$36.57 M
|
| Gross Profit Ratio |
0.6
|
0.7
|
0.93
|
0.94
|
0.72
|
0.71
|
0.76
|
0.81
|
0.79
|
0.75
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$34.15 M
|
$33.54 M
|
$33.75 M
|
$33.18 M
|
$30.38 M
|
$30.86 M
|
$29.22 M
|
$28.42 M
|
$19.80 M
|
$17.39 M
|
| Selling & Marketing Expenses |
$1.27 M
|
$1.50 M
|
$1.41 M
|
$1.29 M
|
$1.11 M
|
$1.33 M
|
$1.40 M
|
$1.30 M
|
$910.00 K
|
$789.00 K
|
| Selling, General & Administrative Expenses |
$35.42 M
|
$35.03 M
|
$35.15 M
|
$34.48 M
|
$31.49 M
|
$32.20 M
|
$30.62 M
|
$29.72 M
|
$20.71 M
|
$18.18 M
|
| Other Expenses |
$23.02 M
|
$23.32 M
|
$22.08 M
|
$20.47 M
|
$20.26 M
|
$15.61 M
|
$15.62 M
|
$15.07 M
|
$15.51 M
|
$10.55 M
|
| Operating Expenses |
$58.43 M
|
$58.35 M
|
$57.24 M
|
$54.94 M
|
$51.75 M
|
$47.81 M
|
$46.24 M
|
$44.79 M
|
$36.22 M
|
$28.73 M
|
| Cost And Expenses |
$107.78 M
|
$92.43 M
|
$64.63 M
|
$60.69 M
|
$77.97 M
|
$74.62 M
|
$67.12 M
|
$60.79 M
|
$48.08 M
|
$40.80 M
|
| Interest Income |
$109.83 M
|
$101.12 M
|
$85.93 M
|
$79.85 M
|
$82.88 M
|
$82.12 M
|
$78.99 M
|
$74.04 M
|
$48.60 M
|
$42.48 M
|
| Interest Expense |
$50.02 M
|
$33.21 M
|
$6.70 M
|
$6.67 M
|
$18.45 M
|
$24.14 M
|
$18.98 M
|
$14.65 M
|
$11.29 M
|
$10.79 M
|
| Depreciation & Amortization |
$2.61 M
|
$2.59 M
|
$2.69 M
|
$2.70 M
|
$2.52 M
|
$2.46 M
|
$2.43 M
|
$2.34 M
|
$1.50 M
|
$1.32 M
|
| EBITDA |
$17.56 M |
$22.18 M |
$37.32 M |
$34.42 M |
$16.68 M |
$19.66 M |
$23.54 M |
$24.09 M |
$8.91 M |
$9.15 M |
| EBITDA Ratio |
0.14
|
0.2
|
0.38
|
0.37
|
0.18
|
0.21
|
0.27
|
0.29
|
0.16
|
0.19
|
| Operating Income Ratio |
0.12
|
0.17
|
0.35
|
0.34
|
0.15
|
0.19
|
0.24
|
0.26
|
0.13
|
0.16
|
| Total Other Income/Expenses Net |
-$6.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$14.96 M
|
$19.58 M
|
$34.63 M
|
$31.72 M
|
$14.16 M
|
$17.20 M
|
$21.11 M
|
$21.75 M
|
$7.40 M
|
$7.84 M
|
| Income Before Tax Ratio |
0.12
|
0.17
|
0.35
|
0.34
|
0.15
|
0.19
|
0.24
|
0.26
|
0.13
|
0.16
|
| Income Tax Expense |
$3.29 M
|
$4.52 M
|
$8.74 M
|
$8.03 M
|
$2.94 M
|
$3.85 M
|
$4.70 M
|
$9.43 M
|
$2.57 M
|
$2.12 M
|
| Net Income |
$11.67 M
|
$15.07 M
|
$25.89 M
|
$23.70 M
|
$11.22 M
|
$13.35 M
|
$16.41 M
|
$12.32 M
|
$4.83 M
|
$5.72 M
|
| Net Income Ratio |
0.1
|
0.13
|
0.26
|
0.26
|
0.12
|
0.15
|
0.19
|
0.15
|
0.09
|
0.12
|
| EPS |
0.56 |
0.7 |
1.18 |
1.02 |
0.45 |
0.51 |
0.57 |
0.41 |
0.25 |
0.33 |
| EPS Diluted |
0.56 |
0.7 |
1.18 |
1.02 |
0.45 |
0.51 |
0.57 |
0.41 |
0.24 |
0.33 |
| Weighted Average Shares Out |
$20.90 M
|
$21.54 M
|
$21.88 M
|
$23.22 M
|
$25.05 M
|
$26.19 M
|
$28.89 M
|
$29.86 M
|
$19.71 M
|
$17.50 M
|
| Weighted Average Shares Out Diluted |
$21.02 M
|
$21.61 M
|
$21.94 M
|
$23.30 M
|
$25.06 M
|
$26.30 M
|
$29.03 M
|
$30.03 M
|
$19.80 M
|
$17.50 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
