Western New England Bancorp Q2 profit falls to $3.6 million, or $0.18 a share
Western New England Bancorp reported second-quarter 2026 net income of $3.6 million, or $0.18 per diluted share, down from $4.6 million, or $0.23, a year earlier. A $1.8 million partial charge-off on a participation loan after the borrower filed for Chapter 11 bankruptcy raised credit loss provisions, while net interest income rose 9.5% from a year earlier. The Board also declared a $0.07 quarterly cash dividend payable August 26, 2026.
Key points
- Q2 2026 net income $3.6 million, or $0.18 per diluted share, versus $4.6 million, or $0.23, in Q2 2025 and $4.8 million, or $0.24, in Q1 2026
- Six-month net income $8.4 million, or $0.42 per diluted share, versus $6.9 million, or $0.34, a year earlier
- Provision for credit losses of $1.6 million in Q2 2026, including a $1.8 million partial charge-off on a participation loan tied to a June 4, 2026 Chapter 11 filing
- Quarterly cash dividend of $0.07 per share, payable on or about August 26, 2026, to holders of record on August 12, 2026
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.