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Western New England Bancorp WNEB Gain Loss On Bank Owned Life Insurance Death Benefit

Gain Loss On Bank Owned Life Insurance Death Benefit at other companies

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Other financials

Income statement

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Revenue$22.3M+21.7%
Net income$4.8M+107%
EPS (diluted)$0.24+118%

Balance sheet

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Cash & equivalents$56.1M-49.2%
Total debt$140.4M+10.7%
Total equity$248.1M+4.4%
Total assets$2.8B+2.0%

Cash flow

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Operating cash flow$346.0K+142%
CapEx$734.0K+156%
Free cash flow-$388.0K+65.2%

Valuation

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Market cap$287.79M+53.7%
Enterprise value$372.07M+69.1%
P/E16.2×+0.7×
P/S3.3×+0.9×

Profitability

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Net margin20.5%+5.4pp
FCF margin38.5%+8.9pp

Returns & leverage

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Return on equity7.3%+2.7pp
Debt / equity0.6×0.0×

Where this comes from

Reported directly by Western New England Bancorp in its filing.

Tagged under the XBRL concept wneb:GainLossOnBankOwnedLifeInsuranceDeathBenefit.

The official record: Western New England Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Western New England Bancorp's gain loss on bank owned life insurance death benefit?
Western New England Bancorp (WNEB) reported gain loss on bank owned life insurance death benefit of $449K in Q1 2026.
What does gain loss on bank owned life insurance death benefit mean?
This measures the specific gains or losses realized from death benefit claims on Bank Owned Life Insurance (BOLI) policies. These policies are held as a long-term investment to offset the costs of employee benefit programs. This metric highlights the impact of insurance-related events on the bank's non-interest income.