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Gross charge-offs at other companies

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Valley National BankVLY
$27.63M-34.3%
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Bankwell Financial GroupBWFG
$48K+153%
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Red River Bancshares, Inc.RRBI
Customers Bancorp logo
Customers BancorpCUBI
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Capital BancorpCBNK
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Shore BancsharesSHBI

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$42.7M-66.0%
Total equity$248.3M+3.7%
Total assets$2.7B+0.8%

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$280.84M+23.3%
Enterprise value$285.92M+9.9%
P/E16.8×-2.1×
P/S3.2×+0.2×

Profitability

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Net margin19%+3.0pp
FCF margin38.5%+8.9pp

Returns & leverage

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Return on equity6.9%+1.8pp
Debt / equity0.2×-0.4×

Where this comes from

Reported directly by Western New England Bancorp in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff.

The source filing: Western New England Bancorp’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001999371-26-010347
Line itemCommercial Real EstateResidential Real EstateCommercial and IndustrialConsumerUnallocatedTotal
Allowance for credit losses for loans
Balance at December 31, 2025$13,718$4,186$2,245$148$20,297
Provision for (reversal of) credit losses(207)1092989209
Charge-offs(34)(2)(58)(94)
Recoveries462939
Balance at March 31, 2026$13,511$4,265$2,547$128$20,451
Balance at December 31, 2024$13,677$3,156$2,477$219$19,529
Provision for credit losses48565510169

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

FAQ

What is Western New England Bancorp's gross charge-offs?
Western New England Bancorp (WNEB) reported gross charge-offs of $94K in Q1 2026.
How has Western New England Bancorp's gross charge-offs changed year-over-year?
Western New England Bancorp's gross charge-offs increased by 54.1% year-over-year, from $61K to $94K.

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