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Western New England Bancorp (FRA:489) Net Interest Income (for Banks) : €59.85 Mil (As of Mar. 2024)


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What is Western New England Bancorp Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Western New England Bancorp's net interest income for the three months ended in Mar. 2024 was €14.12 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was €59.85 Mil.

Western New England Bancorp's quarterly net interest income declined from Sep. 2023 (€15.35 Mil) to Dec. 2023 (€14.83 Mil) and declined from Dec. 2023 (€14.83 Mil) to Mar. 2024 (€14.12 Mil).

Western New England Bancorp's annual net interest income increased from Dec. 2021 (€64.76 Mil) to Dec. 2022 (€74.80 Mil) but then declined from Dec. 2022 (€74.80 Mil) to Dec. 2023 (€62.27 Mil).


Western New England Bancorp Net Interest Income (for Banks) Historical Data

The historical data trend for Western New England Bancorp's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Western New England Bancorp Net Interest Income (for Banks) Chart

Western New England Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.18 52.96 64.76 74.80 62.27

Western New England Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.28 15.55 15.35 14.83 14.12

Western New England Bancorp Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €59.85 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western New England Bancorp (FRA:489) Business Description

Traded in Other Exchanges
Address
141 Elm Street, Westfield, MA, USA, 01085
Western New England Bancorp Inc through its bank subsidiary, provides a range of financial services to individuals and companies in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company's revenues, profits, and assets are derived by the Bank from banking products and services.

Western New England Bancorp (FRA:489) Headlines

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