WNEB Files 8-K on Financial Results & Operations

Ticker: WNEB · Form: 8-K · Filed: 2024-01-23T00:00:00.000Z

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

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.

From the Filing

0001999371-24-000720.txt : 20240123 0001999371-24-000720.hdr.sgml : 20240123 20240123163457 ACCESSION NUMBER: 0001999371-24-000720 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 46 CONFORMED PERIOD OF REPORT: 20240123 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240123 DATE AS OF CHANGE: 20240123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Western New England Bancorp, Inc. CENTRAL INDEX KEY: 0001157647 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] ORGANIZATION NAME: 02 Finance IRS NUMBER: 731627673 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16767 FILM NUMBER: 24553071 BUSINESS ADDRESS: STREET 1: 141 ELM STREET CITY: WESTFIELD STATE: MA ZIP: 01085 BUSINESS PHONE: 413-568-1911 MAIL ADDRESS: STREET 1: 141 ELM STREET CITY: WESTFIELD STATE: MA ZIP: 01085 FORMER COMPANY: FORMER CONFORMED NAME: WESTFIELD FINANCIAL INC DATE OF NAME CHANGE: 20010816 8-K 1 wneb-8k_012324.htm CURRENT REPORT false 0001157647 0001157647 2024-01-23 2024-01-23 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549            FORM 8-K            CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): January 23, 2024            WESTERN NEW ENGLAND BANCORP, INC. (Exact name of registrant as specified in its charter)     Massachusetts   001-16767   73-1627673     (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)                 141 Elm Street   Westfield , Massachusetts 01085 (Address of principal executive offices)   (zip code)                   Registrant's telephone number, including area code: (413) 568-1911   (Former name or former address, if changed since last report)            Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $0.01 par value per share WNEB NASDAQ   Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company    ☐   If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐             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 mon

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