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Western New England Bancorp (WNEB) Operating Expenses (2016 - 2021)

Western New England Bancorp (WNEB) has disclosed Operating Expenses for 8 consecutive years, with $13.9 million as the latest value for Q4 2021.

  • Quarterly Operating Expenses fell 2.89% to $13.9 million in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $54.9 million through Dec 2021, up 6.17% year-over-year, with the annual reading at $62.5 million for FY2025, 6.95% up from the prior year.
  • Operating Expenses for Q4 2021 was $13.9 million at Western New England Bancorp, down from $14.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $14.3 million in Q4 2020, with the low at $11.0 million in Q1 2017.
  • Average Operating Expenses over 5 years is $12.4 million, with a median of $12.1 million recorded in 2019.
  • The sharpest move saw Operating Expenses skyrocketed 55.12% in 2017, then decreased 7.1% in 2019.
  • Over 5 years, Operating Expenses stood at $11.2 million in 2017, then rose by 14.87% to $12.8 million in 2018, then fell by 7.1% to $11.9 million in 2019, then grew by 20.44% to $14.3 million in 2020, then dropped by 2.89% to $13.9 million in 2021.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $13.9 million, $14.0 million, and $13.7 million for Q4 2021, Q3 2021, and Q2 2021 respectively.