Western New England Bancorp Q3 net income rises, helped by commercial and residential real estate loans growth

Reuters
Oct 29
Western <a href="https://laohu8.com/S/NEWEN">New England</a> Bancorp Q3 net income rises, helped by commercial and residential real estate loans growth

Overview

  • Western New England Bancorp Q3 net income rises 66% yr/yr to $3.2 mln

  • Net interest income for Q3 2025 increases 22.8% yr/yr to $18.1 mln

  • Company declares $0.07 per share quarterly dividend

Outlook

  • Company did not provide specific guidance for future quarters or full year in its press release

Result Drivers

  • LOAN GROWTH - Co reports increase in commercial and residential real estate loans, contributing to net interest margin expansion

  • CAPITAL MANAGEMENT - Co highlights disciplined capital management strategies including share repurchases and dividends

  • DEPOSIT GROWTH - Core deposits increased significantly, reducing reliance on time deposits

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

$0.16

Q3 Net Income

$3.2 mln

Q3 Net Interest Income

$18.1 mln

Q3 Dividend

$0.07

Q3 Net Interest Margin

2.81%

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the banks peer group is "buy"

  • Wall Street's median 12-month price target for Western New England Bancorp Inc is $12.25, about 6.9% above its October 27 closing price of $11.40

  • The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nGNX86Qjw1

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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