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Western New England Bancorp (WNEB) Depreciation Expense (2016 - 2021)

Western New England Bancorp (WNEB) has disclosed Depreciation Expense for 6 consecutive years, with $548000.0 as the latest value for Q4 2021.

  • Quarterly Depreciation Expense rose 51.38% to $548000.0 in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $2.1 million through Dec 2021, up 35.59% year-over-year, with the annual reading at $1.9 million for FY2025, 4.45% down from the prior year.
  • Depreciation Expense for Q4 2021 was $548000.0 at Western New England Bancorp, up from $533000.0 in the prior quarter.
  • The five-year high for Depreciation Expense was $548000.0 in Q4 2021, with the low at $31000.0 in Q4 2018.
  • Average Depreciation Expense over 5 years is $414421.1, with a median of $417000.0 recorded in 2019.
  • The sharpest move saw Depreciation Expense surged 1245.16% in 2019, then decreased 26.09% in 2020.
  • Over 5 years, Depreciation Expense stood at $410000.0 in 2017, then plummeted by 92.44% to $31000.0 in 2018, then soared by 1245.16% to $417000.0 in 2019, then decreased by 13.19% to $362000.0 in 2020, then skyrocketed by 51.38% to $548000.0 in 2021.
  • According to Business Quant data, Depreciation Expense over the past three periods came in at $548000.0, $533000.0, and $513000.0 for Q4 2021, Q3 2021, and Q2 2021 respectively.