Western New England Bancorp (WNEB Quick QuoteWNEB - Free Report) reported $18.02 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 16.1%. EPS of $0.14 for the same period compares to $0.24 a year ago.

The reported revenue represents a surprise of -2.40% over the Zacks Consensus Estimate of $18.46 million. With the consensus EPS estimate being $0.12, the EPS surprise was +16.67%.

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: 2.6% versus the three-analyst average estimate of 2.6%.
• Efficiency ratio: 82% compared to the 79.8% average estimate based on three analysts.
• Total Non Interest Income: $2.67 million versus $2.69 million estimated by three analysts on average.
• Net interest income: $15.35 million versus the three-analyst average estimate of $15.79 million.

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

Shares of Western New England Bancorp have returned -17.7% over the past month versus the Zacks S&P 500 composite's -4.2% 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.