WNEB Files 8-K on Financial Results & Operations
Ticker: WNEB · Form: 8-K · Filed: Jan 23, 2024 · CIK: 1157647
| Field | Detail |
|---|---|
| Company | Western New England Bancorp, Inc. (WNEB) |
| Form Type | 8-K |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, regulation-fd, corporate-disclosure
TL;DR
**WNEB just dropped an 8-K on financial results, time to check their numbers.**
AI Summary
Western New England Bancorp, Inc. (WNEB) filed an 8-K on January 23, 2024, to announce its results of operations and financial condition, along with a Regulation FD Disclosure. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to assess the company's health and future prospects. For shareholders, this matters because it offers transparency into how the company is performing financially, directly impacting their investment's value and potential for dividends or growth.
Why It Matters
This filing provides investors with the latest financial performance data for Western New England Bancorp, Inc., enabling them to make informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and operations, which is standard for public companies and does not inherently indicate high risk.
Analyst Insight
A smart investor would review the full financial statements and results of operations once they are publicly available to understand the company's performance trends and financial health before making any investment decisions.
Key Players & Entities
- Western New England Bancorp, Inc. (company) — the registrant filing the 8-K
- January 23, 2024 (date) — the date of the earliest event reported in the 8-K
- 001-16767 (other) — Commission File Number for Western New England Bancorp, Inc.
- 73-1627673 (other) — I.R.S. Employer Identification No. for Western New England Bancorp, Inc.
FAQ
What is the primary purpose of this 8-K filing by Western New England Bancorp, Inc.?
The primary purpose of this 8-K filing, dated January 23, 2024, is to report on the company's "Results of Operations and Financial Condition" and to provide a "Regulation FD Disclosure," as indicated in the Item Information section.
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is "WESTERN NEW ENGLAND BANCORP, INC."
What is the business address and telephone number of Western New England Bancorp, Inc.?
The business address is 141 Elm Street, Westfield, Massachusetts 01085, and the telephone number is (413) 568-1911.
Under which SEC Act is this current report filed?
This current report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the Commission File Number for Western New England Bancorp, Inc.?
The Commission File Number for Western New England Bancorp, Inc. is 001-16767.
Filing Stats: 665 words · 3 min read · ~2 pages · Grade level 9.4 · Accepted 2024-01-23 16:34:57
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share WNEB NASDAQ Ind
Filing Documents
- wneb-8k_012324.htm (8-K) — 33KB
- ex99-1.htm (EX-99.1) — 507KB
- ex99-2.htm (EX-99.2) — 63KB
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- ex99-2_img031.jpg (GRAPHIC) — 186KB
- ex99-2_img032.jpg (GRAPHIC) — 147KB
- 0001999371-24-000720.txt ( ) — 5962KB
- wneb-20240123.xsd (EX-101.SCH) — 3KB
- wneb-20240123_lab.xml (EX-101.LAB) — 33KB
- wneb-20240123_pre.xml (EX-101.PRE) — 22KB
- wneb-8k_012324_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 23, 2024, Western New England Bancorp, Inc. (the "Company") issued a press release announcing its financial results for the quarter and twelve months ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 hereto and is hereby incorporated by reference into this Item 2.02.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On January 23, 2024, the Company made available an investor presentation to be used during investor meetings. The slide show for the investor presentation is attached to this report as Exhibit 99.2. The information contained in this Item 7.01 and Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor will such information or exhibits be deemed incorporated by reference into any filing made by the Company under the Exchange Act or the Securities Act of 1933, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such filing. The furnishing of the information included in Item 7.01 of this Current Report on Form 8-K shall not be deemed an admission as to the materiality of any information herein that is required to be disclosed solely by reason of Regulation FD.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. The exhibits required by this item are set forth on the Exhibit Index attached hereto. Exhibit Number Description 99.1 Press Release of Western New England Bancorp, Inc. dated January 23, 2024. 99.2 Investor Presentation dated January 23, 2024 for Western New England Bancorp, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WESTERN NEW ENGLAND BANCORP, INC. By: /s/ Guida R. Sajdak Guida R. Sajdak Chief Financial Officer Dated: January 23, 2024