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Software Expense at other companies

Ohio Valley Banc Corp logo
Ohio Valley Banc CorpOVBC
$673K+24.4%
Flagstar Bank logo
Flagstar BankFLG
$49M+28.9%
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Flagstar BankFLG
$49M+28.9%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$429K-5.3%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$429K-5.3%
HTF
Heartflow, Inc.HTFL
$1.1M+10.0%

Other financials

Income statement

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Revenue$22.7M+7.9%
Net income$3.6M-21.6%
EPS (diluted)$0.18-21.7%

Balance sheet

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Cash & equivalents$37.7M-59.6%
Total debt$80.3M-36.2%
Total equity$248.3M+3.7%
Total assets$2.7B+0.8%

Cash flow

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Operating cash flow$6.6M-2.9%
CapEx$768.0K+160%
Free cash flow$5.9M-10.3%

Valuation

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Market cap$282.25M+24.0%
Enterprise value$324.87M+24.8%
P/E16.9×-2.0×
P/S3.2×+0.2×

Profitability

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Net margin19%+3.0pp
FCF margin19.5%

Returns & leverage

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Return on equity6.9%+1.8pp
Debt / equity0.3×-0.2×

Where this comes from

Reported directly by Western New England Bancorp in its filing.

Tagged under the XBRL concept wneb:SoftwareExpense.

The source filing: Western New England Bancorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001999371-26-017418
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Occupancy1,3191,2652,8812,677
Furniture and equipment404491837978
Data processing9619331,7821,815
Software7126451,4011,304
Debit card and ATM processing expense6446741,3071,251
Professional fees6226231,1311,169
FDIC insurance assessment377399769830
Advertising457443899872

Item 1. Financial Statements of Western New England Bancorp, Inc. and Subsidiaries (Unaudited) ITEM

FAQ

What is Western New England Bancorp's software expense?
Western New England Bancorp (WNEB) reported software expense of $712K in Q2 2026.
How has Western New England Bancorp's software expense changed year-over-year?
Western New England Bancorp's software expense increased by 10.4% year-over-year, from $645K to $712K.
What is the long-term trend for Western New England Bancorp's software expense?
Over 3 years (2022 to 2025), Western New England Bancorp's software expense has grown at a 8.4% compound annual growth rate (CAGR), from $2.07M to $2.64M.
What does software expense mean?
Software Expense as reported by Western New England Bancorp, Inc..

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