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Western New England Bancorp (FRA:489) Revenue : €69.05 Mil (TTM As of Jun. 2024)


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What is Western New England Bancorp Revenue?

Western New England Bancorp's revenue for the three months ended in Jun. 2024 was €16.41 Mil. Its revenue for the trailing twelve months (TTM) ended in Jun. 2024 was €69.05 Mil. Western New England Bancorp's Revenue per Share for the three months ended in Jun. 2024 was €0.78. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was €3.23.

Warning Sign:

Western New England Bancorp Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Western New England Bancorp was -14.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 11.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 8.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Western New England Bancorp's highest 3-Year average Revenue per Share Growth Rate was 274.40% per year. The lowest was -1.40% per year. And the median was 9.10% per year.


Western New England Bancorp Revenue Historical Data

The historical data trend for Western New England Bancorp's Revenue 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 Revenue Chart

Western New England Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.92 60.57 75.88 87.38 72.27

Western New England Bancorp Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Revenue 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 16.53 18.74 17.32 16.58 16.41

Competitive Comparison of Western New England Bancorp's Revenue

For the Banks - Regional subindustry, Western New England Bancorp's Revenue, along with its competitors' market caps and Revenue 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.


Western New England Bancorp's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Western New England Bancorp's Revenue distribution charts can be found below:

* The bar in red indicates where Western New England Bancorp's Revenue falls into.



Western New England Bancorp Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €69.05 Mil.

* 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  (FRA:489) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Western New England Bancorp Revenue Related Terms

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Western New England Bancorp 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 Headlines

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