Growth Metrics

Western New England Bancorp (WNEB) Tax Provisions (2016 - 2021)

Western New England Bancorp (WNEB) has disclosed Tax Provisions for 8 consecutive years, with $1.4 million as the latest value for Q4 2021.

  • Quarterly Tax Provisions fell 3.91% to $1.4 million in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $7.4 million through Dec 2021, up 150.97% year-over-year, with the annual reading at $4.5 million for FY2025, 37.37% up from the prior year.
  • Tax Provisions for Q4 2021 was $1.4 million at Western New England Bancorp, down from $2.1 million in the prior quarter.
  • The five-year high for Tax Provisions was $2.1 million in Q3 2021, with the low at $147000.0 in Q1 2017.
  • Average Tax Provisions over 5 years is $1.2 million, with a median of $1.1 million recorded in 2018.
  • The sharpest move saw Tax Provisions plummeted 82.12% in 2017, then surged 609.52% in 2018.
  • Over 5 years, Tax Provisions stood at $2.0 million in 2017, then tumbled by 39.96% to $1.2 million in 2018, then decreased by 19.22% to $988000.0 in 2019, then soared by 42.31% to $1.4 million in 2020, then fell by 3.91% to $1.4 million in 2021.
  • According to Business Quant data, Tax Provisions over the past three periods came in at $1.4 million, $2.1 million, and $2.1 million for Q4 2021, Q3 2021, and Q2 2021 respectively.