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Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.
Western New England Bancorp's Efficiency Overhead Ratio % for the quarter that ended in Jun. 2024 was 78.20% , which is lower than 82.03% for the pervious quarter ended in Mar. 2024.
Western New England Bancorp's Efficiency Overhead Ratio % for the annual that ended in Dec. 2023 was 74.04% , which is higher than 61.83% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Western New England Bancorp's Efficiency Overhead Ratio % or its related term are showing as below:
The historical data trend for Western New England Bancorp's Efficiency Overhead Ratio % 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.
Western New England Bancorp Annual Data | |||||||||||
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Capital Adequacy Tier - Tier 1 Ratio % | Get a 7-Day Free Trial | ||||||||||
Capital Adequacy Tier - Leverage Ratio % | Get a 7-Day Free Trial | ||||||||||
Capital Adequacy Tier - Total Capital Ratio % | Get a 7-Day Free Trial | ||||||||||
Net Charge Offs to Average Loans % | Get a 7-Day Free Trial |
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Trend | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |||||||||||||||||||||
Efficiency Overhead Ratio % | Get a 7-Day Free Trial | ||||||||||||||||||||||||||||||||||||||||
Capital Adequacy Tier - Tier 1 Ratio % | Get a 7-Day Free Trial | ||||||||||||||||||||||||||||||||||||||||
Capital Adequacy Tier - Leverage Ratio % | Get a 7-Day Free Trial | ||||||||||||||||||||||||||||||||||||||||
Capital Adequacy Tier - Total Capital Ratio % | Get a 7-Day Free Trial | ||||||||||||||||||||||||||||||||||||||||
Net Charge Offs to Average Loans % | Get a 7-Day Free Trial |
For the Banks - Regional subindustry, Western New England Bancorp's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Efficiency Overhead Ratio % is calculated as
Efficiency Overhead Ratio % | = | Non-interest Expenses | / | Revenue |
* 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.
Western New England Bancorp (NAS:WNEB) Efficiency Overhead Ratio % Explanation
Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.
An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.
Thank you for viewing the detailed overview of Western New England Bancorp's Efficiency Overhead Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Steven G. Richter | director | C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01144 |
Miles Allen J Iii | officer: EVP & Senior Lender | C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085 |
Filipe B Goncalves | officer: SVP & Associate CCO | C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085 |
Laura Benoit | director | C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085 |
John E Bonini | officer: SVP, General Counsel | C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085 |
Kevin C O'connor | officer: EVP & Chief Banking Officer | C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085 |
Guida R Sajdak | officer: EVP & Chief Financial Officer | 70 CENTER STREET, CHICOPEE MA 01013 |
James C Hagan | director, officer: President and CEO | C/O WESTFIELD FINANCIAL INC, 141 ELM STREET, WESTFIELD MA 01085 |
Daniel A Marini | officer: SVP Retail Banking & Marketing | C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085 |
Gorman Louis O Iii | officer: SVP & Chief Credit Officer | C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085 |
Philip R Smith | director | C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085 |
Darlene M Libiszewski | officer: SVP, Chief Information Officer | C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085 |
Christine Phillips | officer: SVP, HR Director | C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01086 |
Gregg F Orlen | director | C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013 |
William D Masse | director | C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013 |
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