Western New England Bancorp Q2 FY26 net income falls 21.6% to $3.6 million; net interest income rises 9.5% to $19.3 million

Provision for credit losses swung to $1.6 million from a $615,000 reversal, driven by a $1.8 million partial charge-off on a participation loan.

Net interest margin widened to 3.00% from 2.80%, while non-interest expense increased 4.5% to $16.4 million.

Deposits rose 1.7% to $2.4 billion, while borrowings dropped 41.0% to $62.6 million; total assets held at $2.7 billion.

Western New England Bancorp posted Q2 net income of $3.6 million, down 21.6% from a year earlier; diluted EPS fell to $0.18.

Net interest income climbed 9.5% to $19.3 million, as interest and dividend income rose $1.2 million while interest expense fell .