Western New England Bancorp, Inc. (WNEB) Return on equity 2016–2020
Western New England Bancorp, Inc. (WNEB) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
4.9%FY2020 · since FY2016: 2.0% → 4.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | 4.9% | -0.8 pp |
| FY2019 | 5.8% | -1.2 pp |
| FY2018 | 6.9% | +1.9 pp |
| FY2017 | 5.0% | +3.0 pp |
| FY2016 | 2.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice