Advertisement
Canada markets open in 5 hours 36 minutes

  • S&P/TSX

    24,439.08
    -32.09 (-0.13%)
     

  • S&P 500

    5,815.26
    -44.59 (-0.76%)
     

  • DOW

    42,740.42
    -324.80 (-0.75%)
     

  • CAD/USD

    0.7256
    -0.0005 (-0.07%)
     

  • CRUDE OIL

    70.90
    +0.32 (+0.45%)
     

  • Bitcoin CAD

    92,218.95
    +1,702.55 (+1.88%)
     

  • XRP CAD

    0.74
    -0.01 (-1.47%)
     

  • GOLD FUTURES

    2,691.30
    +12.40 (+0.46%)
     

  • RUSSELL 2000

    2,249.82
    +1.18 (+0.05%)
     

  • 10-Yr Bond

    4.0380
    -0.0600 (-1.46%)
     

  • NASDAQ futures

    20,385.00
    +43.00 (+0.21%)
     

  • VOLATILITY

    20.73
    +0.09 (+0.44%)
     

  • FTSE

    8,310.66
    +61.38 (+0.74%)
     

  • NIKKEI 225

    39,180.30
    -730.25 (-1.83%)
     

  • CAD/EUR

    0.6664
    +0.0001 (+0.02%)
     

Western New England Bancorp: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

WESTFIELD, Mass. (AP) — WESTFIELD, Mass. (AP) — Western New England Bancorp (WNEB) on Tuesday reported second-quarter net income of $3.5 million.

The bank, based in Westfield, Massachusetts, said it had earnings of 17 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The bank holding company posted revenue of $30.6 million in the period. Its revenue net of interest expense was $18.3 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $18.2 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WNEB at https://www.zacks.com/ap/WNEB