Craft

Western New England Bancorp

Stock Price

$8.7

2024-10-29

Market Capitalization

$183.9 M

2024-10-29

Revenue

$12.5 M

FY, 2025

Western New England Bancorp Summary

Company Summary

Overview
Western New England Bancorp operates as the holding company for Westfield Bank that provides community banking products and services to individuals and businesses. The Company accepts various deposit accounts, including time deposits, money market accounts, savings accounts, demand accounts, interest bearing checking accounts and repurchase agreements. It also offers commercial and industrial loans comprising business installment loans, vehicle and equipment financing, lines of credit and other commercial loans, commercial real estate loans to finance the purchase of apartment buildings, business properties and multi-family investment properties, construction loans to the developers of commercial and residential properties, residential real estate loans and originations, home equity loans and consumer loans.
Type
Public
Status
Active
Founded
1853
HQ
Westfield, MA, US | view all locations
Website
https://www.westfieldbank.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Allen Miles

    Allen Miles, Executive Vice President and Senior Lender Springfield

    • St. Pierre

      St. Pierre, Vice President, Retirement Services

      • Kevin Rolfe

        Kevin Rolfe, Vice President, Commercial Lender Westfield

        • John Pember

          John Pember, Vice President, Commercial Lender West Hartford

          Operating MetricsView all

          Total Loans

          $1.6B
          77.9%

          Q2, 2017

          Non-performing Loans

          $14M
          75.0%

          Q2, 2017

          LocationsView all

          3 locations detected

          • Westfield, MA HQ

            United States

            141 Elm St

          • Bloomfield, CT

            United States

            335 Cottage Grove Rd Route 218

          • West Hartford, CT

            United States

            977 Farmington Ave

          Western New England Bancorp Financials

          Summary Financials

          Revenue (Q1, 2026)
          $3.4M
          Net income (Q1, 2026)
          $4.8M
          Cash (Q1, 2026)
          $56.1M
          Enterprise value
          $151.6M

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