Western New England Bancorp Reports Q1 2023 Net Income of $5.3 Million
Q1 2023 Revenue at Western New England Bancorp Stands at $23.6 Million
By USInMinutes
Published - Jul 27, 2023, 09:30 AM ET
Last Updated - Aug 20, 2024, 02:53 AM EDT
Western New England Bancorp, Inc.(WNEB), a leading financial institution and its s ubsidiaries, has released its unaudited consolidated financial statements for the first quarter of 2023. The report highlights the company's financial performance, with a focus on net income and revenue figures.
Net Income/Loss
During the first quarter of 2023, Western New England Bancorp achieved a net income of $5.3 million. This represents the profits generated by the company after accounting for all expenses, including interest expenses, taxes, and operating costs.
Revenue