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Western New England Bancorp (FRA:489) Allowance For Loans And Lease Losses : €-18.29 Mil (As of Mar. 2024)


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What is Western New England Bancorp Allowance For Loans And Lease Losses?

Western New England Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-18.29 Mil.

Western New England Bancorp's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-18.72 Mil) to Dec. 2023 (€-18.59 Mil) and increased from Dec. 2023 (€-18.59 Mil) to Mar. 2024 (€-18.29 Mil).

Western New England Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-17.51 Mil) to Dec. 2022 (€-18.82 Mil) but then increased from Dec. 2022 (€-18.82 Mil) to Dec. 2023 (€-18.59 Mil).


Western New England Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for Western New England Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Western New England Bancorp Allowance For Loans And Lease Losses Chart

Western New England Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.69 -17.39 -17.51 -18.82 -18.59

Western New England Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.78 -18.13 -18.72 -18.59 -18.29

Western New England Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Western New England Bancorp Allowance For Loans And Lease Losses Related Terms

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Western New England Bancorp (FRA:489) Business Description

Traded in Other Exchanges
Address
141 Elm Street, Westfield, MA, USA, 01085
Western New England Bancorp Inc through its bank subsidiary, provides a range of financial services to individuals and companies in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company's revenues, profits, and assets are derived by the Bank from banking products and services.

Western New England Bancorp (FRA:489) Headlines

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