Overview
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- TickerWNEB on Nasdaq2
- IndustrySavings Institution, Federally Chartered2
- HeadquartersWestfield, United States2
- Incorporated inMA3
- Business address141 Elm Street, Westfield, Ma 010853
- Filer categoryAccelerated filer, Smaller reporting company3
- Legal formDomestic Business Corporation2
- LEI549300Y8QE4EI2LP6B422
- StatusActive2
- LEI statusIssued and current2
- Registered address141 Elm Street, 01085 Westfield, United States2
- Registered withCorporations Division (Secretary of the Commonwealth's Office), 0009323212
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New England Bancorp, Inc. has two subsidiaries that are included in the Company’s consolidated financial statements:5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2020
Where the money goes
Where each dollar of revenue went, fiscal 2020
- Interest57¢$18.4M
- Income tax9¢$2.9M
- Profit34¢$11.2M
Where each dollar of operating cash went, fiscal 2020
- Capital spending14¢$3.6M
- Dividends paid20¢$5.0M
- Share buybacks42¢$10.5M
- Kept or used elsewhere24¢$5.9M
Out of $25.1M of cash from operations.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Residential and commercial real estate loans | $91.2M | $85.4M | $78.0M |
| Commercial and industrial loans | $13.8M | $13.1M | $12.9M |
| Consumer loans | $280.0K | $325.0K | $340.0K |
| Total interest income from loans | $105.4M | $98.9M | $91.2M |
| Investment securities, taxable | $10.2M | $8.6M | $8.2M |
| Investment securities, tax-exempt | $3.0K | $7.0K | |
| Marketable equity securities | $20.0K | $13.0K | $122.0K |
| Total interest and dividend income from investment securities | $10.2M | $8.6M | $8.4M |
| Other investments | $690.0K | $687.0K | $558.0K |
| Short-term investments | $2.3M | $1.6M | $1.0M |
| Total interest income from cash and cash equivalents | $3.0M | $2.3M | $1.6M |
| Total interest and dividend income | $118.6M | $109.8M | $101.1M |
| Deposits | $42.5M | $42.2M | $26.6M |
| Short-term borrowings | $225.0K | $600.0K | $1.6M |
| Long-term debt | $4.8M | $6.2M | $4.0M |
| Subordinated debt | $1.0M | $1.0M | $1.0M |
| Total interest expense | $48.5M | $50.0M | $33.2M |
| Net interest and dividend income | $70.1M | $59.8M | $67.9M |
| Provision for (reversal of) credit losses | $335.0K | -$665.0K | $872.0K |
| Net interest and dividend income after provision for (reversal of) credit losses | $69.8M | $60.5M | $67.0M |
| Service charges and fees | $9.9M | $9.2M | $8.9M |
| Income from bank-owned life insurance | $2.0M | $1.9M | $1.8M |
| Bank-owned life insurance death benefit | $778.0K | ||
| Loss on disposal of premises and equipment | -$6.0K | -$3.0K | |
| Gain on sale of mortgages | $11.0K | $235.0K | |
| Net unrealized gain (loss) on marketable equity securities | $35.0K | $13.0K | -$1.0K |
| Gain on non-marketable equity investments | $243.0K | $1.3M | $590.0K |
| Loss on defined benefit plan termination | -$1.1M | ||
| Other income | $347.0K | $261.0K | |
| Total non-interest income | $12.5M | $12.9M | $10.9M |
| Salaries and employee benefits | $35.8M | $32.8M | $32.4M |
| Occupancy | $5.2M | $5.2M | $5.0M |
| Furniture and equipment | $1.9M | $2.0M | $2.0M |
| Data processing | $3.6M | $3.5M | $3.2M |
| Software | $2.6M | $2.5M | $2.3M |
| Debit card and ATM processing expense | $2.5M | $2.4M | $2.1M |
| Professional fees | $2.0M | $2.2M | $2.7M |
| FDIC insurance assessment | $1.6M | $1.5M | $1.3M |
| Advertising | $1.7M | $1.3M | $1.5M |
| Other expenses | $5.5M | $5.1M | $5.8M |
| Total non-interest expense | $62.5M | $58.4M | $58.4M |
| Income before income taxes | $19.8M | $15.0M | $19.6M |
| Income tax provision | $4.5M | $3.3M | $4.5M |
| Net income | $15.3M | $11.7M | $15.1M |
| Basic earnings per share | $0.76 | $0.56 | $0.70 |
| Weighted average basic shares outstanding | 20.2M shares | 20.9M shares | 21.5M shares |
| Diluted earnings per share | $0.75 | $0.56 | $0.70 |
| Weighted average diluted shares outstanding | 20.3M shares | 21.0M shares | 21.6M shares |
| Dividends per share | $0.28 | $0.28 | $0.28 |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total interest and dividend income | $30.5M | $30.0M | $29.6M | $28.4M | $28.6M | $27.8M | $26.8M | $26.6M |
| Net interest and dividend income | $18.8M | $18.1M | $17.6M | $15.5M | $15.3M | $14.7M | $14.5M | $15.3M |
| Provision for (reversal of) credit losses | -$485.0K | $1.3M | -$615.0K | $142.0K | -$762.0K | $941.0K | -$294.0K | -$550.0K |
| Loss on disposal of premises and equipment | -$6.0K | |||||||
| Gain on sale of mortgages | $4.0K | $7.0K | ||||||
| Net unrealized gain (loss) on marketable equity securities | -$7.0K | $22.0K | $25.0K | -$5.0K | -$9.0K | $10.0K | $4.0K | $8.0K |
| Gain on non-marketable equity investments | $243.0K | $300.0K | $987.0K | |||||
| Loss on defined benefit plan termination | -$11.0K | $246.0K | ||||||
| Total non-interest income | $3.2M | $3.2M | $3.4M | $2.8M | $3.3M | $3.1M | $3.8M | $2.7M |
| Total non-interest expense | $15.9M | $15.8M | $15.7M | $15.2M | $14.9M | $14.4M | $14.3M | $14.8M |
| Income before income taxes | $6.6M | $4.2M | $6.0M | $3.0M | $4.4M | $2.5M | $4.3M | $3.8M |
| Income tax provision | $1.4M | $1.0M | $1.4M | $664.0K | $1.1M | $618.0K | $771.0K | $827.0K |
| Net income | $5.2M | $3.2M | $4.6M | $2.3M | $3.3M | $1.9M | $3.5M | $3.0M |
| Basic earnings per share | $0.26 | $0.16 | $0.23 | $0.11 | $0.16 | $0.09 | $0.17 | $0.14 |
| Diluted earnings per share | $0.26 | $0.16 | $0.23 | $0.11 | $0.16 | $0.09 | $0.17 | $0.14 |
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and due from banks | $19.9M | $18.8M | ||
| Federal funds sold | $2.2M | $9.3M | ||
| Interest-bearing deposits and other short-term investments | $18.3M | $38.4M | ||
| Total cash and cash equivalents | $40.4M | $66.5M | ||
| Securities available-for-sale, at fair value (Amortized cost of $198,194 at December 31, 2025 and $191,940 at December 31, 2024) | $175.8M | $160.7M | ||
| Securities held-to-maturity, at amortized cost (Fair value of $158,504 at December 31, 2025 and $165,606 at December 31, 2024) | $188.8M | $205.0M | ||
| Marketable equity securities, at fair value | $632.0K | $397.0K | ||
| Total investment securities | $365.2M | $366.1M | ||
| Federal Home Loan Bank stock and other restricted stock, at amortized cost | $5.4M | $5.8M | ||
| Total Loans | $2.2B | $2.1B | ||
| Less: Allowance for credit losses | -$20.3M | -$19.5M | -$20.3M | -$19.9M |
| Net loans | $2.2B | $2.1B | ||
| Premises and equipment, net | $23.3M | $24.4M | ||
| Accrued interest receivable | $8.8M | $8.5M | ||
| Bank-owned life insurance | $79.0M | $77.1M | ||
| Deferred tax asset, net | $12.7M | $14.0M | ||
| Goodwill | $12.5M | $12.5M | ||
| Core deposit intangible | $1.1M | $1.4M | ||
| Other assets | $24.8M | $26.2M | ||
| TOTAL ASSETS | $2.7B | $2.7B | ||
| Non-interest-bearing deposits | $594.5M | $565.6M | ||
| Interest-bearing deposits | $1.8B | $1.7B | ||
| Total deposits | $2.4B | $2.3B | ||
| Short-term borrowings | $13.3M | $5.4M | ||
| Long-term debt | $73.0M | $98.0M | ||
| Subordinated debt | $19.8M | $19.8M | ||
| Total borrowings | $106.1M | $123.1M | ||
| Securities pending settlement | $242.0K | $8.6M | ||
| Other liabilities | $21.6M | $22.8M | ||
| TOTAL LIABILITIES | $2.5B | $2.4B | ||
| Common stock - $0.01 par value, 75,000,000 shares authorized, 20,372,786 shares issued and outstanding at December 31, 2025; 20,875,713 shares issued and outstanding at December 31, 2024 | $204.0K | $209.0K | ||
| Additional paid-in capital | $114.5M | $119.3M | ||
| Unearned compensation Employee Stock Ownership Plan (ESOP) | -$1.4M | -$1.9M | ||
| Unearned compensation - Equity Incentive Plan | -$1.2M | -$1.2M | ||
| Retained earnings | $152.3M | $142.7M | ||
| Accumulated other comprehensive loss, net of tax | -$16.7M | -$23.3M | ||
| TOTAL SHAREHOLDERS EQUITY | $247.6M | $235.9M | $237.4M | $228.1M |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $2.7B | $2.7B | ||
| Available for sale securities, amortized cost | $198.2M | $191.9M | ||
| Held-to-maturity securities, fair value | $158.5M | $165.6M | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, authorized | 5.0M shares | 5.0M shares | ||
| Preferred stock, outstanding | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, authorized | 75.0M shares | 75.0M shares | ||
| Common stock, issued | 20.4M shares | 20.9M shares | ||
| Common stock, outstanding | 20.4M shares | 20.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and due from banks | $19.9M | $18.8M | ||
| Federal funds sold | $2.2M | $9.3M | ||
| Interest-bearing deposits and other short-term investments | $18.3M | $38.4M | ||
| Total cash and cash equivalents | $40.4M | $66.5M | ||
| Securities available-for-sale, at fair value (Amortized cost of $198,194 at December 31, 2025 and $191,940 at December 31, 2024) | $175.8M | $160.7M | ||
| Securities held-to-maturity, at amortized cost (Fair value of $158,504 at December 31, 2025 and $165,606 at December 31, 2024) | $188.8M | $205.0M | ||
| Marketable equity securities, at fair value | $632.0K | $397.0K | ||
| Total investment securities | $365.2M | $366.1M | ||
| Federal Home Loan Bank stock and other restricted stock, at amortized cost | $5.4M | $5.8M | ||
| Total Loans | $2.2B | $2.1B | ||
| Less: Allowance for credit losses | -$20.3M | -$19.5M | -$20.3M | -$19.9M |
| Net loans | $2.2B | $2.1B | ||
| Premises and equipment, net | $23.3M | $24.4M | ||
| Accrued interest receivable | $8.8M | $8.5M | ||
| Bank-owned life insurance | $79.0M | $77.1M | ||
| Deferred tax asset, net | $12.7M | $14.0M | ||
| Goodwill | $12.5M | $12.5M | ||
| Core deposit intangible | $1.1M | $1.4M | ||
| Other assets | $24.8M | $26.2M | ||
| TOTAL ASSETS | $2.7B | $2.7B | ||
| Non-interest-bearing deposits | $594.5M | $565.6M | ||
| Interest-bearing deposits | $1.8B | $1.7B | ||
| Total deposits | $2.4B | $2.3B | ||
| Short-term borrowings | $13.3M | $5.4M | ||
| Long-term debt | $73.0M | $98.0M | ||
| Subordinated debt | $19.8M | $19.8M | ||
| Total borrowings | $106.1M | $123.1M | ||
| Securities pending settlement | $242.0K | $8.6M | ||
| Other liabilities | $21.6M | $22.8M | ||
| TOTAL LIABILITIES | $2.5B | $2.4B | ||
| Common stock - $0.01 par value, 75,000,000 shares authorized, 20,372,786 shares issued and outstanding at December 31, 2025; 20,875,713 shares issued and outstanding at December 31, 2024 | $204.0K | $209.0K | ||
| Additional paid-in capital | $114.5M | $119.3M | ||
| Unearned compensation Employee Stock Ownership Plan (ESOP) | -$1.4M | -$1.9M | ||
| Unearned compensation - Equity Incentive Plan | -$1.2M | -$1.2M | ||
| Retained earnings | $152.3M | $142.7M | ||
| Accumulated other comprehensive loss, net of tax | -$16.7M | -$23.3M | ||
| TOTAL SHAREHOLDERS EQUITY | $247.6M | $235.9M | $237.4M | $228.1M |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $2.7B | $2.7B | ||
| Available for sale securities, amortized cost | $198.2M | $191.9M | ||
| Held-to-maturity securities, fair value | $158.5M | $165.6M | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, authorized | 5.0M shares | 5.0M shares | ||
| Preferred stock, outstanding | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, authorized | 75.0M shares | 75.0M shares | ||
| Common stock, issued | 20.4M shares | 20.9M shares | ||
| Common stock, outstanding | 20.4M shares | 20.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years (annual) or 9 quarters (quarterly), latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $15.3M | $11.7M | $15.1M |
| Provision for (reversal of) credit losses | $335.0K | -$665.0K | $872.0K |
| Depreciation and amortization of premises and equipment | $2.1M | $2.2M | $2.2M |
| Net amortization (accretion) of purchase accounting adjustments | $7.0K | -$39.0K | $95.0K |
| Amortization of core deposit intangible | $375.0K | $375.0K | $375.0K |
| Net amortization of premiums and discounts on securities and mortgage loans | $1.0M | $1.2M | $1.3M |
| Net amortization of deferred costs on mortgage loans | $394.0K | $490.0K | $497.0K |
| Net amortization of premiums on subordinated debt | $39.0K | $39.0K | $39.0K |
| Share-based compensation expense | $1.1M | $1.5M | $1.4M |
| ESOP expense | $705.0K | $572.0K | $562.0K |
| Gain on mortgage banking activities | -$11.0K | -$235.0K | |
| Net change in unrealized (gain) loss on marketable equity securities | -$35.0K | -$13.0K | $1.0K |
| Loss on disposal of premises and equipment | $6.0K | $3.0K | |
| Gain on bank-owned life insurance death benefit | -$778.0K | ||
| Deferred income tax (benefit) provision | -$1.0M | $178.0K | $191.0K |
| Income from bank-owned life insurance | -$2.0M | -$1.9M | -$1.8M |
| Accrued interest receivable | -$315.0K | $60.0K | -$388.0K |
| Other assets | $345.0K | $133.0K | -$968.0K |
| Other liabilities | -$124.0K | -$3.4M | -$3.9M |
| Net cash provided by operating activities | $18.2M | $12.2M | $14.8M |
| Purchases of securities held-to-maturity | -$1.1M | -$7.7M | |
| Proceeds from calls, maturities, and principal collections of securities held-to-maturity | $15.9M | $19.0M | $14.1M |
| Purchases of securities available-for-sale | -$31.6M | -$32.8M | |
| Proceeds from calls, maturities, and principal collections of securities available-for-sale | $16.3M | $14.8M | $12.0M |
| Purchase of marketable equity securities | -$201.0K | -$174.0K | -$196.0K |
| Proceeds from redemption and sales of marketable equity securities | $6.2M | ||
| Net loan originations and principal payments | -$113.3M | -$63.5M | -$37.0M |
| Redemption (purchase) of Federal Home Loan Bank of Boston stock | $459.0K | -$2.1M | -$355.0K |
| Proceeds from sale of portfolio residential real estate loans | $20.3M | ||
| Purchases of premises and equipment | -$1.1M | -$1.2M | -$2.9M |
| Proceeds from disposal of premises and equipment | $74.0K | $18.0K | |
| Proceeds from payout on bank-owned life insurance | $2.1M | ||
| Net cash used in investing activities | -$113.6M | -$46.6M | -$13.7M |
| Net increase (decrease) in deposits | $98.3M | $118.9M | -$85.7M |
| Increase (decrease) in short-term borrowings | $7.9M | -$10.7M | -$25.2M |
| Repayment of long-term debt | -$25.0M | -$120.6M | -$532.0K |
| Proceeds from long-term debt | $98.0M | $120.0M | |
| Cash dividends paid | -$5.7M | -$5.9M | -$6.1M |
| Repurchase of common stock | -$6.1M | -$7.6M | -$5.0M |
| Net cash provided by (used in) financing activities | $69.3M | $72.0M | -$2.6M |
| NET CHANGE IN CASH AND CASH EQUIVALENTS: | -$26.1M | $37.6M | -$1.5M |
| Available-for-sale securities purchases pending settlement | -$8.5M | $8.5M | |
| Net change in cash due to broker for common stock repurchased | $79.0K | $163.0K |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-06-30 |
|---|---|---|---|---|---|---|---|---|---|
| Net income | $5.2M | $3.2M | $4.6M | $2.3M | $3.3M | $1.9M | $3.5M | $3.0M | |
| Provision for (reversal of) credit losses | -$485.0K | $1.3M | -$615.0K | $142.0K | -$762.0K | $941.0K | -$294.0K | -$550.0K | |
| Net change in unrealized (gain) loss on marketable equity securities | $7.0K | -$22.0K | -$25.0K | $5.0K | $9.0K | -$10.0K | -$4.0K | -$8.0K | |
| Loss on disposal of premises and equipment | $6.0K | ||||||||
| Proceeds from redemption and sales of marketable equity securities | $6.3M |
Compare Western New England Bancorp, Inc. with another company
Corporate structure
Western New England Bancorp, Inc. sits at the top of its group. 6 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Western New England Bancorp, Inc.
- BlackRock Filed SCHEDULE 13G/A on Western New England Bancorp, Inc., latest Jul 30, 2026
- RENAISSANCE TECHNOLOGIES LLC Filed SCHEDULE 13G/A on Western New England Bancorp, Inc., latest May 14, 2026 (4 filings since Feb 11, 2022)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Western New England Bancorp, Inc., latest Mar 27, 2026 (3 filings since Feb 10, 2022)
- Strategic Value Investors LP Filed SCHEDULE 13G/A on Western New England Bancorp, Inc., latest Feb 12, 2025 (2 filings since Feb 14, 2024)
- DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on Western New England Bancorp, Inc., latest Feb 9, 2024 (3 filings since Feb 8, 2022)
- STRATEGIC VALUE BANK PARTNERS LLC Filed SC 13G/A on Western New England Bancorp, Inc., latest Jan 31, 2023 (2 filings since Feb 11, 2022)
- Western New England Bancorp, Inc. Westfield, Massachusetts, United States
- Westfield Bank Subsidiary · 100% · Westfield, Massachusetts, United States
- CSB Colts, Inc. Subsidiary · Massachusetts, United States
- Elm Street Securities Corporation Subsidiary · Massachusetts, United States
- WB Real Estate Holdings, LLC Subsidiary · Massachusetts, United States
- WFD Securities, Inc. Subsidiary · Massachusetts, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Western New England Bancorp, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $63.4M10 Dec 31, 2025 | $62.3M10 Dec 31, 2024 | +1.7% |
| Accumulated depreciation | $40.1M10 Dec 31, 2025 | $37.9M10 Dec 31, 2024 | +5.7% |
| Property and equipment, net | $23.3M10 Dec 31, 2025 | $24.4M10 Dec 31, 2024 | −4.4% |
| Operating-lease assets (leased space) | $6.4M10 Dec 31, 2025 | $7.4M10 Dec 31, 2024 | −13.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Debt securities available for sale | $175.8M10 Dec 31, 2025 | $160.7M10 Dec 31, 2024 | +9.4% |
| Debt securities held to maturity | $188.8M10 Dec 31, 2025 | $205.0M10 Dec 31, 2024 | −7.9% |
| Equity securities at fair value | $632.0K10 Dec 31, 2025 | $397.0K10 Dec 31, 2024 | +59.2% |
| Loans, net of allowance | $2.2B10 Dec 31, 2025 | $2.1B10 Dec 31, 2024 | +5.5% |
| Deposits held (banks) | $2.4B10 Dec 31, 2025 | $2.3B10 Dec 31, 2024 | +4.3% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $12.5M10 Dec 31, 2025 | $12.5M10 Dec 31, 2024 | 0% |
| Finite-lived intangibles, net | $1.1M10 Dec 31, 2025 | $1.4M10 Dec 31, 2024 | −26.1% |
Properties, in its own words
The Company currently conducts business through our twenty-five banking offices, seven free-standing ATMs and an additional fourteen free-standing and thirty-three seasonal or temporary ATMs that are owned and serviced by a third party, whereby the Bank pays a rental fee and shares in the surcharge revenue. The following table sets forth certain information regarding our properties as of December 31, 2025. As of this date, the premises and equipment, net of depreciation, owned by us had an aggregate net book value of $23.3 million. We believe that our existing facilities are sufficient for our current needs.
Main Office:
The rest of Item 2
141 Elm Street Westfield, MA · Owned · 1964 · N/A
Technology Center:
9-13 Chapel Street Westfield, MA · Leased · 2015 · 2028
Retail Lending:
136 Elm Street Westfield, MA · Owned · 2011 · N/A
Commercial Lending & Middle Market:
1500 Main Street Springfield, MA · Leased · 2014 · 2026
Commercial Lending/Credit Admin and Training Center:
219/229 Exchange Street Chicopee, MA · Owned · 2009/1998 · N/A
Branch Offices:
206 Park Street West Springfield, MA · Owned · 1957 · N/A
655 Main Street Agawam, MA · Owned · 1968 · N/A
26 Arnold Street Westfield, MA · Owned · 1976 · N/A
300 Southampton Road Westfield, MA · Owned · 1987 · N/A
462 College Highway Southwick, MA · Owned · 1990 · N/A
382 North Main Street East Longmeadow, MA · Leased · 1997 · 2027
1500 Main Street Springfield, MA · Leased · 2006 · 2028
1650 Northampton Street Holyoke, MA · Owned · 2001 · N/A
560 East Main Street Westfield, MA · Owned · 2007 · N/A
237 South Westfield Street Feeding Hills, MA · Leased · 2009 · 2028
12 East Granby Road Granby, CT · Owned · 2021 · N/A
47 Palomba Drive Enfield, CT · Leased · 2014 · 2029
39 Morgan Road West Springfield, MA · Owned · 2005 · N/A
1342 Liberty Street(1) Springfield, MA · Owned · 2008 · N/A
70 Center Street Chicopee, MA · Owned · 1973 · N/A
569 East Street Chicopee, MA · Owned · 1976 · N/A
599 Memorial Drive Chicopee, MA · Leased · 1977 · 2027
435 Burnett Road Chicopee, MA · Owned · 1990 · N/A
477A Center Street Ludlow, MA · Leased · 2002 · 2032
350 Palmer Road Ware, MA · Leased · 2009 · 2027
32 Willamansett Street South Hadley, MA · Leased · 2008 · 2027
14 Russell Road Huntington, MA · Owned · 2020 · N/A
337 Cottage Grove Road Bloomfield, CT · Leased · 2020 · 2035
977 Farmington Avenue West Hartford, CT · Leased · 2020 · 2030
ATMs(2):
1000 State Street Springfield, MA · Leased · 2003 · 2026
2620 Westfield Street West Springfield, MA · Leased · 2005 · 2029
98 Southwick Road Westfield, MA · Leased · 2006 · 2026
115 West Silver Street Westfield, MA · Tenant at will · 2005 · N/A
98 Lower Westfield Road Holyoke, MA · Leased · 2010 · 2030
Westfield State University 577 Western Avenue Westfield, MA
Ely Hall · Tenant at will · 2010 · N/A
208 College Highway Southwick, MA · Leased · 2010 · 2032
110 Cherry Street Holyoke, MA · Tenant at will · 2018 · N/A
291 Springfield Street Chicopee, MA · Tenant at will · 2015 · N/A
Springfield Visitors Center 1319 Main Street Springfield, MA · Leased · 2018 · 2026
Union Station 55 Frank B. Murray Street Springfield, MA · Leased · 2018 · 2028
701 Center Street Chicopee, MA · Tenant at will · 2015 · N/A
627 Randall Road Ludlow, MA · Tenant at will · 2015 · N/A
26 Central Street West Springfield, MA · Tenant at will · 2021 · N/A
1144 Southampton Road Westfield, MA · Leased · 2022 · 2027
Big E ATMs:
1305 Memorial Avenue West Springfield, MA
Better Living Center · Leased · 2011 · 2026
Better Living Center · Leased · 2011 · 2026
Better Living Center (Door 6) · Leased · 2011 · 2026
Big E Coliseum · Leased · 2015 · 2026
Big E Young Building · Leased · 2011 · 2026
Big E Mallary Complex · Leased · 2011 · 2026
_____________________________
(1) · The parking lot on this property is leased. The lease expires in 2028.
(2) · Thirty-three of the Bank’s ATMs are seasonal and not listed individually above. Thirty-two of the seasonal ATMs are located on the Big E grounds during events and one additional ATM is located in Westfield.
Item 2 of the 10-K filed Mar 10, 2026.5
Leadership
Who has led Western New England Bancorp, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerJames C. Hagan Feb 18, 2009 to now13
- Chief executive officerDonald A. Williams Jan 5, 2007 to Mar 12, 200814
- ChairDonald A. Williams Jan 5, 2007 to Mar 12, 200814
- PresidentJames C. Hagan Jan 5, 2007 to now15
- Chief financial officerGuida R. Sajdak May 25, 2017 to now16
- Chief financial officerLeo R. Sagan Jr. Oct 20, 2009 to May 26, 201617
- Chief financial officerMichael J. Janosco Jr. Feb 13, 2006 to Dec 8, 200818
- Chief operating officerJames C. Hagan Jan 5, 2007 to Nov 3, 200815
Board members and other officers (38)
- SVP Retail Banking & MarketingDaniel A. Marini Jan 13, 2023 to Mar 11, 202519
- SVP & Associate CCOFilipe B. Goncalves Feb 3, 2023 to now20
- SVP, Retail Banking/OperationsCidalia Inacio Nov 4, 2016 to Feb 28, 202221
- SVP, Chief Information OfficerDarlene M. Libiszewski Nov 4, 2016 to now22
- EVP, Chief Risk OfficerGuida R. Sajdak Nov 4, 2016 to Feb 10, 201723
- Corporate SecretaryTheresa C. Szlosek Nov 4, 2016 to May 14, 202024
- Chief Investment OfficerMichael J. Janosco Jr. Feb 5, 2009 to Sep 3, 201325
- VP, Branch AdministrationAlice M. Babcock Oct 20, 2009 to Oct 20, 200926
- VP - Credit AdministrationLouis O. Gorman Iii. Oct 20, 2009 to Mar 8, 202327
- Vice PresidentDeborah J. McCarthy Jan 5, 2007 to Jan 4, 202228
- Vice PresidentGerald P. Ciejka Jan 5, 2007 to Jun 4, 201529
- Vice President & ControllerLeo R. Sagan Jr. Jan 5, 2007 to now30
- Vice PresidentRebecca S. Kozaczka Jan 5, 2007 to Nov 27, 201331
- Sr.VP and Commercial Loans ManAllen J. Miles Iii. Jan 30, 2006 to now32
- Board memberGary G. Fitzgerald Nov 4, 2016 to now33
- Board memberGregg F. Orlen Nov 4, 2016 to May 3, 202434
- Board memberPaul C. Picknelly Nov 4, 2016 to now35
- Board memberWilliam D. Masse Nov 4, 2016 to now36
- Board memberLaura Benoit May 23, 2014 to now37
- Board memberLisa G. McMahon May 23, 2014 to now38
- Board memberChristos A. Tapases Feb 8, 2013 to Mar 3, 202039
- Board memberKevin M. Sweeney Feb 8, 2013 to Mar 13, 201940
- Board memberDonna J. Damon May 26, 2011 to now41
- Board memberSteven G. Richter May 26, 2011 to now42
- Board memberDonald A. Williams Jan 29, 2009 to May 25, 201743
- Board memberPhilip R. Smith Jun 17, 2009 to now44
- Board memberJames C. Hagan Jul 29, 2009 to now45
- Board memberCharles E. Sullivan Jan 5, 2007 to Nov 10, 200946
- Board memberDavid C. Colton Jr. Jan 5, 2007 to Sep 3, 201447
- Board memberHarry C. Lane Jan 5, 2007 to Aug 30, 200748
- Board memberMary C. Oneil Jan 5, 2007 to Aug 30, 200749
- Board memberPaul R. Pohl Jan 5, 2007 to Feb 10, 201250
- Board memberRichard C. Placek Jan 5, 2007 to Feb 4, 200951
- Board memberRobert T. Crowley Jr. Jan 5, 2007 to May 29, 200952
- Board memberWilliam H. McClure Jan 5, 2007 to Jan 5, 200753
- Board memberVictor J. Carra Jun 30, 2006 to Dec 2, 201154
- General counselJohn E. Bonini Dec 10, 2020 to now55
- General counselGerald P. Ciejka Oct 20, 2009 to Jan 5, 202156
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- CSB Colts, Inc. Massachusetts4
- Elm Street Securities Corporation Massachusetts4
- WB Real Estate Holdings, LLC Massachusetts4
- WFD Securities, Inc. Massachusetts4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- WESTFIELD FINANCIAL INCOct 12, 2001 to Sep 30, 20163
Timeline
- Jul 28, 20268-K Results of operations; Regulation FD disclosure57
- May 14, 20268-K Regulation FD disclosure58
- May 14, 20268-K Shareholder vote59
- Apr 28, 20268-K Results of operations; Regulation FD disclosure60
- Feb 27, 20268-K Executive or director change61
- Jan 27, 20268-K Results of operations; Regulation FD disclosure62
- Oct 28, 20258-K Results of operations; Regulation FD disclosure63
- Jul 22, 20258-K Results of operations; Regulation FD disclosure64
- Jun 3, 20258-K Other events65
- May 14, 20258-K Regulation FD disclosure66
- May 14, 20258-K Executive or director change; Shareholder vote67
- Apr 22, 20258-K Results of operations; Regulation FD disclosure; Other events68
- Feb 18, 2009New chief executive James C. Hagan becomes CEO13
- Jan 5, 2007New chief executive Donald A. Williams becomes CEO14
- Aug 31, 2006Founded Western New England Bancorp, Inc. is founded2
Calendar
Coming up
- Oct 27, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.16 a share, on Oct 28, 2025.69
When it reported results
- Jul 28, 2026Reported quarterly or annual results57
- Apr 28, 2026Reported quarterly or annual results60
- Jan 27, 2026Reported quarterly or annual results62
- Oct 28, 2025Reported quarterly or annual results63
- Jul 22, 2025Reported quarterly or annual results64
- Apr 22, 2025Reported quarterly or annual results68
- Jan 28, 2025Reported quarterly or annual results70
- Oct 23, 2024Reported quarterly or annual results71
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
464 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 39 major events, 360 insider forms, 21 large holders, 23 other. The latest 20:
- Sep 14, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 4, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 7, 202610-Q QUARTERLY REPORT EDGAR
- Aug 7, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 7, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 7, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 7, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Aug 7, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Jul 30, 2026SCHEDULE 13G/A EDGAR
- Jul 28, 20268-K CURRENT REPORT EDGAR
- Jun 18, 202611-K ANNUAL REPORT EDGAR
- May 22, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- May 14, 20268-K CURRENT REPORT EDGAR
- May 14, 20268-K CURRENT REPORT EDGAR
- May 14, 2026SCHEDULE 13G/A EDGAR
- May 8, 202610-Q QUARTERLY REPORT EDGAR
- May 8, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- May 8, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- May 8, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- May 8, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
The 464 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
41 open-market trades by officers, directors and large owners since October 2021: 19 buys and 22 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 10, 2026 | SAGAN LEO R JRSVP & Chief Risk Officer | Sale | 3,490 | $13.61 | $47.5K | Form 4 |
| Sep 2, 2026 | Smith Philip RDirector | Sale | 3,300 | $13.88 | $45.8K | Form 4 |
| May 20, 2026 | Libiszewski Darlene MSVP, Chief Information Officer | Sale | 3,680 | $13.42 | $49.4K | Form 4 |
| Feb 27, 2026 | Smith Philip RDirector | Sale | 3,000 | $13.17 | $39.5K | Form 4 |
| Sep 3, 2025 | Libiszewski Darlene MSVP, Chief Information Officer | Sale | 3,600 | $12.39 | $44.6K | Form 4 |
| Jul 31, 2025 | Smith Philip RDirector | Sale | 4,000 | $10.79 | $43.2K | Form 4 |
| Nov 22, 2024 | Libiszewski Darlene MSVP, Chief Information Officer | Sale | 5,000 | $9.18 | $45.9K | Form 4 |
| Aug 19, 2024 | Libiszewski Darlene MSVP, Chief Information Officer | Sale | 4,501 | $8.50 | $38.3K | Form 4 |
| Aug 16, 2024 | Libiszewski Darlene MSVP, Chief Information Officer | Sale | 1,499 | $8.50 | $12.7K | Form 4 |
| Jun 7, 2024 | Goncalves Filipe BSVP & CCO | Buy | 220 | $6.52 | $1.4K | Form 4 |
| Jun 5, 2024 | Goncalves Filipe BSVP & CCO | Buy | 500 | $6.64 | $3.3K | Form 4 |
| May 31, 2024 | Sajdak Guida REVP, CFO & Treasurer | Buy | 1,495 | $6.72 | $10.0K | Form 4 |
| May 28, 2024 | Sajdak Guida REVP, CFO & Treasurer | Buy | 1,481 | $6.88 | $10.2K | Form 4 |
| Apr 30, 2024 | Goncalves Filipe BSVP & CCO | Buy | 500 | $6.03 | $3.0K | Form 4 |
| Feb 14, 2024 | HAGAN JAMES CPresident and CEO | Buy | 462 | $8.18 | $3.8K | Form 4 |
| May 12, 2023 | Richter Steven G.Director | Buy | 2,100 | $5.96 | $12.5K | Form 4 |
| May 12, 2023 | Miles Allen J IIIEVP & Chief Lending Officer | Buy | 2,494 | $5.99 | $14.9K | Form 4 |
| May 8, 2023 | Goncalves Filipe BSVP & CCO | Buy | 750 | $6.05 | $4.5K | Form 4 |
| May 5, 2023 | Benoit LauraDirector | Buy | 975 | $6.01 | $5.9K | Form 4 |
| May 4, 2023 | Bonini John ESVP, General Counsel | Buy | 1,700 | $6.25 | $10.6K | Form 4 |
All 41 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G/A, 1 filing Jul 30, 202672
- RENAISSANCE TECHNOLOGIES LLCSCHEDULE 13G/A, 4 filings Feb 11, 2022 to May 14, 202673
- VANGUARD GROUP INCSCHEDULE 13G/A, 3 filings Feb 10, 2022 to Mar 27, 202674
- Strategic Value Investors LPSCHEDULE 13G/A, 2 filings Feb 14, 2024 to Feb 12, 202575
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 3 filings Feb 8, 2022 to Feb 9, 202476
- STRATEGIC VALUE BANK PARTNERS LLCSC 13G/A, 2 filings Feb 11, 2022 to Jan 31, 202377
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | James C. HaganPresident and Chief Executive Officer | 65 | $818.6K | $1.9M78 |
| 2025 | Allen J. Miles, IIIEVP and Chief Lending Officer | $417.1K | $770.7K78 | |
| 2025 | Guida R. SajdakEVP, Chief Financial Officer and Treasurer | $372.6K | $688.2K78 | |
| 2024 | James C. HaganPresident and Chief Executive Officer | 65 | $745.1K | $1.5M78 |
| 2024 | Allen J. Miles, IIIEVP and Chief Lending Officer | $383.1K | $626.3K78 | |
| 2024 | Guida R. SajdakEVP, Chief Financial Officer and Treasurer | $342.3K | $564.2K78 | |
| 2023 | James C. HaganPresident and Chief Executive Officer | 65 | $701.3K | $1.4M78 |
| 2023 | Allen J. Miles, IIIEVP and Chief Lending Officer | $363.9K | $597.9K78 | |
| 2023 | Guida R. SajdakEVP, Chief Financial Officer and Treasurer | $325.1K | $535.3K78 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Western New England Bancorp, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARWestern New England Bancorp, Inc.1
- CIK0001157647
- Employer ID (EIN)73-16276735
- Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inMassachusetts5
- Fiscal year endsDecember 311
- Industry code (SIC)6035 Savings Institution, Federally Chartered1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address141 Elm Street, Westfield, MA 010851
- Phone413-568-19111
- Shares outstanding20,045,872 as of Aug 3, 202612
- Public float$189.2M as of Jun 30, 20255
- AuditorWolf & Company, P.C., Boston, Massachusetts PCAOB ID 392; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceAug 28, 20011
- Filings1,497 in all: 4 (907), 8-K (233), 10-Q (75), SC 13G/A (60), 11-K (26), 3 (26), 10-K (25), DEF 14A (25)1
All 43 form types
SC 13G (19), DEFA14A (16), ARS (8), S-8 (7), 8-K/A (5), CORRESP (5), UPLOAD (5), 10-K/A (4), 3/A (4), 4/A (4), S-1/A (4), SCHEDULE 13G/A (4), 424B3 (3), 425 (3), 8-A12B (3), EFFECT (2), S-1 (2), S-4/A (2), SC 13D (2), SC TO-I/A (2), SCHEDULE 13G (2), 11-K/A (1), 144 (1), 25 (1), 25-NSE (1), 5 (1), 8-A12B/A (1), CERTAMX (1), CERTNAS (1), D (1), S-4 (1), S-8 POS (1), SC 13D/A (1), SC TO-I (1), SE (1)
- Latest filingsAnnual report (10-K) Mar 10, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Apr 3, 2026
Latest 8-K (8-K) Jul 28, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.01 par value per share | WNEB | The NASDAQ Global Select Market |
From the cover page of the 10-K filed Mar 10, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Western New England Bancorp, Inc. names in Item 1A of its 10-K filed Mar 10, 2026: 1 risk under these headings, as written.5
- Risks Related to our Business and Industry
- Events Impacting Global, National and Regional Economies Could Adversely Affect our Business Activities, Financial Condition, and Results of Operations.
- Risks Related to Legal, Governmental and Regulatory Changes
- Risks Related to Cybersecurity and Data Privacy
- General Risk Factors
Legal proceedings
During the twelve months ended December 31, 2025, there were no material pending legal proceedings to which the Company or its subsidiaries are a party to or to which any of its property is subject, other than routine legal proceedings occurring in the ordinary course of business. Management does not believe resolution of any present litigation will have a material adverse effect on the business, consolidated financial condition or results of operations of the Company.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARJames C. Hagan, President
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- 28SEC EDGARDeborah J. McCarthy, Vice President
- 29SEC EDGARGerald P. Ciejka, Vice President
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- 31SEC EDGARRebecca S. Kozaczka, Vice President
- 32
- 33SEC EDGARGary G. Fitzgerald, Board member
- 34SEC EDGARGregg F. Orlen, Board member
- 35SEC EDGARPaul C. Picknelly, Board member
- 36SEC EDGARWilliam D. Masse, Board member
- 37SEC EDGARLaura Benoit, Board member
- 38SEC EDGARLisa G. McMahon, Board member
- 39SEC EDGARChristos A. Tapases, Board member
- 40SEC EDGARKevin M. Sweeney, Board member
- 41SEC EDGARDonna J. Damon, Board member
- 42SEC EDGARSteven G. Richter, Board member
- 43SEC EDGARDonald A. Williams, Board member
- 44SEC EDGARPhilip R. Smith, Board member
- 45SEC EDGARJames C. Hagan, Board member
- 46SEC EDGARCharles E. Sullivan, Board member
- 47SEC EDGARDavid C. Colton Jr., Board member
- 48SEC EDGARHarry C. Lane, Board member
- 49SEC EDGARMary C. Oneil, Board member
- 50SEC EDGARPaul R. Pohl, Board member
- 51SEC EDGARRichard C. Placek, Board member
- 52SEC EDGARRobert T. Crowley Jr., Board member
- 53SEC EDGARWilliam H. McClure, Board member
- 54SEC EDGARVictor J. Carra, Board member
- 55SEC EDGARJohn E. Bonini, General counsel
- 56SEC EDGARGerald P. Ciejka, General counsel
- 57
- 58SEC EDGARRegulation FD disclosure
- 59SEC EDGARShareholder vote
- 60
- 61SEC EDGARExecutive or director change
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- 65SEC EDGAROther events
- 66SEC EDGARRegulation FD disclosure
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- 69NasdaqNasdaq calendar
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