Western New England Bancorp (WNEB) Tax Provisions (2010 - 2026)
Western New England Bancorp (WNEB) posted quarterly Tax Provisions of $1.4 million for Q1 2026, up 110.54% year-over-year from $664000.0 in Q1 2025, and down 0.71% quarter-over-quarter from $1.4 million in Q4 2025.
Western New England Bancorp (WNEB) Tax Provisions (2010 - 2026) Analysis & Trends
Western New England Bancorp (WNEB) has reported Tax Provisions for 17 consecutive years, with $1.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 110.54% year-over-year to $1.4 million; the TTM figure through Mar 2026 stood at $5.3 million (up 68.0% YoY), while the FY2025 annual figure was $1.1 million, down 65.81% from the prior year.
- Tax Provisions retreated to $1.4 million in Q1 2026 per WNEB's latest filing, from $1.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $3.3 million in Q4 2022 and bottomed at $618000.0 in Q3 2024.
- Historically, Tax Provisions has averaged $1.3 million across 5 years, with a median of $1.1 million in 2023.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 66.63% — and 2026, when it jumped 110.54%.
- Western New England Bancorp's Tax Provisions stood at $3.3 million in 2022, then plunged by 66.63% to $1.1 million in 2023, then retreated by 2.98% to $1.1 million in 2024, then surged by 30.98% to $1.4 million in 2025, then decreased by 0.71% to $1.4 million in 2026.
- Business Quant data shows WNEB's Tax Provisions at $1.4 million in Q1 2026, $1.4 million in Q4 2025, and $1.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Western New England Bancorp | 272.59 Mn | 234.26 Mn | - | 1.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.21 Mn |
| Mar 31, 2026 | 1.40 Mn |
| Dec 31, 2025 | 1.41 Mn |
| Sep 30, 2025 | 1.03 Mn |
| Jun 30, 2025 | 1.42 Mn |
| Mar 31, 2025 | 664,000.00 |
| Dec 31, 2024 | 1.08 Mn |
| Sep 30, 2024 | 618,000.00 |
| Jun 30, 2024 | 771,000.00 |
| Mar 31, 2024 | 827,000.00 |
| Dec 31, 2023 | 1.11 Mn |
| Sep 30, 2023 | 1.03 Mn |
| Jun 30, 2023 | 704,000.00 |
| Mar 31, 2023 | 1.67 Mn |
| Dec 31, 2022 | 3.32 Mn |
| Sep 30, 2022 | 1.86 Mn |
| Jun 30, 2022 | 1.87 Mn |
| Mar 31, 2022 | 1.70 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | 2.11 Mn |