Western New England Bancorp, Inc. (WNEB) Declares $0.05 Quarterly Dividend; 2.2% Yield

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Western New England Bancorp, Inc. Reports Year End 2019 Results and Declares Quarterly Cash Dividend

January 28, 2020 4:15 PM EST

WESTFIELD, Mass., Jan. 28, 2020 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the Company or WNEB) (NasdaqGS: WNEB), the holding company for Westfield Bank (the Bank), announced today the unaudited results of operations for the three and twelve months ended December 31, 2019.

For the three months ended December 31, 2019, the Company reported net income of $3.4 million, or $0.13 earnings per diluted share, compared to net income of $3.8 million, or $0.14 earnings per diluted share, for the three months ended December 31, 2018.  On a linked quarter basis, net income of $3.4 million, or $0.13 earnings per diluted share, increased $212,000, or 6.6%,... More