Western New England Bancorp, Inc.
Close on Oct 19, 2026
- Market cap
- $265.99M
- P/E (TTM)
- 15.9
- Dividend yield
- 2.09%
About Western New England Bancorp
Savings Institution, Federally Chartered, SIC 6035
Western New England Bancorp, Inc. is a bank holding company that provides commercial and retail banking products and services through its banking subsidiary. The company operates across multiple lending segments, offering commercial real estate loans for both owner-occupied and non-owner-occupied properties, commercial and industrial financing, residential mortgages, home equity credit lines, and personal consumer loans. In addition to credit solutions, it provides customer deposit accounts, letters of credit, construction loan facilities, and interest rate derivative contracts. Its customer base includes individual consumers, homeowners, commercial enterprises, and business borrowers seeking financing and deposit solutions.
The institution operates within the United States, maintaining business operations in Massachusetts and Connecticut, as well as other domestic states. Organized under the laws of the Commonwealth of Massachusetts, the company conducts its operations through domestic subsidiary entities and banking facilities.
Summary of the business section of Western New England Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Western New England Bancorp, Inc.
- Headquarters
- Westfield, MA
- Address
- 141 Elm Street 01085
- Phone
- (413) 568-1911
- Employees
- 334, Dec 31, 2025
- Industry
- Savings Institution, Federally Chartered
- Incorporated in
- Massachusetts
- Fiscal year ends
- December 31
- Auditor
- Wolf & Company, P.C., Boston, Massachusetts
Stock & identifiers
- Ticker
- WNEB
- Exchange
- Nasdaq
- Shares outstanding
- 20M, Aug 3, 2026
- Public float
- $189.16M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- SEC CIK
- 1157647
- CUSIP
- 958892101
- ISIN
- US9588921018
- LEI
- 549300Y8QE4EI2LP6B42
- EIN
- 73-1627673
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| James C. Hagan | President and CEO, Director | 316,230 |
| Leo R. Sagan Jr | SVP & Chief Risk Officer | 102,451 |
| Darlene M. Libiszewski | SVP, Chief Information Officer | 34,290 |
| Filipe B. Goncalves | SVP & CCO | 41,940 |
| Allen J. Miles III | EVP & Chief Lending Officer | 100,829 |
| Kevin C. O'Connor | EVP & Chief Operating Officer | 61,768 |
| Guida R. Sajdak | EVP, CFO & Treasurer | 81,524 |
| Christine Phillips | SVP & Chief HR Officer | 27,416 |
| John E. Bonini | SVP, General Counsel | 24,652 |
| Daniel A. Marini | SVP Retail Banking & Marketing | 25,508 |
| Philip R. Smith | Director | 47,219 |
| Lisa G. McMahon | Director | 61,313 |
| Steven G. Richter | Director | 74,141 |
| Gary G. Fitzgerald | Director | 35,994 |
| William D. Masse | Director | 68,676 |
| Donna J. Damon | Director | 77,683 |
| Paul C. Picknelly | Director | 110,125 |
| Laura Benoit | Director | 47,291 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 James C. Hagan | $1.86M | $1.86M | $729.47K | $148 | – |
| FY2024 James C. Hagan | $1.49M | $1.38M | $595.24K | $105 | – |
| FY2023 James C. Hagan | $1.42M | $1.27M | $566.60K | $99 | – |
| FY2022 James C. Hagan | $1.32M | $1.36M | $532.02K | $111 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“of December 31, 2025, the Bank employed 334 total employees, with 292 employed full-time and 42 employed part-time.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jan 5, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 26, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 30, 2016 | Name change | Name changed from WESTFIELD FINANCIAL INC to Western New England Bancorp, Inc. |
| Jun 24, 2016 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Aug 20, 2007 | Delisting | Notice of delisting from exchange (Form 25) |
| Aug 20, 2007 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 13, 2007 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Jan 5, 2007 | Delisting | Notice of delisting from exchange (Form 25) |
| Nov 9, 2006 | Listing | Registration of securities on an exchange (Form 8-A) |
| Nov 9, 2001 | Listing | Registration of securities on an exchange (Form 8-A) |