For the quarter ended June 2024, Western New England Bancorp (WNEB Quick QuoteWNEB - Free Report) reported revenue of $18.3 million, down 0.7% over the same period last year. EPS came in at $0.17, compared to $0.13 in the year-ago quarter.

The reported revenue represents a surprise of +0.45% over the Zacks Consensus Estimate of $18.22 million. With the consensus EPS estimate being $0.11, the EPS surprise was +54.55%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Western New England Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Net Interest Margin: 2.4% versus the three-analyst average estimate of 2.6%.
• Efficiency ratio: 78.2% compared to the 81% average estimate based on three analysts.
• Total Non Interest Income: $3.83 million versus the three-analyst average estimate of $2.72 million.
• Net interest income: $14.47 million versus $15.49 million estimated by three analysts on average.

View all Key Company Metrics for Western New England Bancorp here>>>

Shares of Western New England Bancorp have returned +35.7% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.