Western New England Bancorp, Inc. (WNEB) Raises Quarterly Dividend 20% to $0.06; 2.8% Yield

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Western New England Bancorp, Inc. Reports Results for Three Months and Year Ended December 31, 2021 and Announces 20% Increase in Quarterly Cash Dividend

January 25, 2022 4:05 PM EST

WESTFIELD, Mass., Jan. 25, 2022 (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, 2021. For the three months ended December 31, 2021, the Company reported net income of $6.2 million, or $0.28 per diluted share, compared to net income of $5.0 million, or $0.20 per diluted share, for the three months ended December 31, 2020. On a linked quarter basis, net income was $6.2 million, or $0.28 per diluted share, as compared to net income of $6.0 million, or... More