Annual Income Statements for Northwest Bancshares
This table shows Northwest Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Northwest Bancshares
This table shows Northwest Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
37 |
35 |
34 |
33 |
39 |
29 |
29 |
4.75 |
34 |
33 |
43 |
Consolidated Net Income / (Loss) |
|
37 |
35 |
34 |
33 |
39 |
29 |
29 |
4.75 |
34 |
33 |
43 |
Net Income / (Loss) Continuing Operations |
|
37 |
35 |
34 |
33 |
39 |
29 |
29 |
4.75 |
34 |
33 |
43 |
Total Pre-Tax Income |
|
49 |
45 |
44 |
44 |
51 |
37 |
38 |
5.94 |
43 |
42 |
57 |
Total Revenue |
|
140 |
145 |
136 |
138 |
139 |
135 |
131 |
98 |
139 |
154 |
156 |
Net Interest Income / (Expense) |
|
113 |
117 |
112 |
109 |
108 |
106 |
103 |
107 |
111 |
114 |
128 |
Total Interest Income |
|
119 |
128 |
135 |
144 |
152 |
157 |
160 |
167 |
171 |
171 |
181 |
Loans and Leases Interest Income |
|
107 |
117 |
124 |
133 |
141 |
147 |
150 |
154 |
156 |
156 |
165 |
Investment Securities Interest Income |
|
10 |
11 |
11 |
11 |
10 |
9.90 |
9.84 |
11 |
13 |
13 |
14 |
Deposits and Money Market Investments Interest Income |
|
1.30 |
0.15 |
0.42 |
0.59 |
0.91 |
0.97 |
0.83 |
1.79 |
2.31 |
1.55 |
2.42 |
Total Interest Expense |
|
5.87 |
11 |
22 |
35 |
43 |
51 |
57 |
60 |
60 |
57 |
53 |
Deposits Interest Expense |
|
3.16 |
3.87 |
11 |
22 |
32 |
41 |
48 |
53 |
54 |
51 |
47 |
Long-Term Debt Interest Expense |
|
2.71 |
6.94 |
11 |
14 |
12 |
10 |
9.32 |
7.26 |
5.88 |
5.67 |
5.45 |
Total Non-Interest Income |
|
27 |
28 |
24 |
30 |
31 |
29 |
28 |
-8.85 |
28 |
40 |
28 |
Trust Fees by Commissions |
|
6.65 |
6.64 |
6.45 |
6.87 |
7.09 |
6.88 |
7.13 |
7.57 |
7.92 |
7.49 |
7.91 |
Other Service Charges |
|
18 |
19 |
15 |
19 |
18 |
18 |
18 |
19 |
17 |
29 |
17 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.29 |
0.05 |
0.39 |
1.62 |
0.33 |
2.20 |
0.93 |
-37 |
0.77 |
1.06 |
1.32 |
Other Non-Interest Income |
|
2.24 |
2.14 |
1.79 |
2.33 |
5.19 |
1.70 |
1.95 |
2.27 |
2.18 |
2.24 |
2.03 |
Provision for Credit Losses |
|
11 |
11 |
5.00 |
8.93 |
1.00 |
7.95 |
3.44 |
-0.37 |
4.88 |
17 |
7.91 |
Total Non-Interest Expense |
|
79 |
89 |
87 |
86 |
88 |
91 |
90 |
92 |
91 |
95 |
92 |
Salaries and Employee Benefits |
|
47 |
47 |
47 |
48 |
51 |
50 |
52 |
54 |
56 |
53 |
55 |
Net Occupancy & Equipment Expense |
|
21 |
21 |
22 |
22 |
22 |
22 |
22 |
22 |
22 |
23 |
22 |
Marketing Expense |
|
2.15 |
2.77 |
2.89 |
2.86 |
2.38 |
1.32 |
2.15 |
2.41 |
2.00 |
2.33 |
1.88 |
Property & Liability Insurance Claims |
|
1.20 |
1.32 |
2.22 |
2.06 |
2.34 |
2.64 |
3.02 |
2.87 |
2.76 |
2.95 |
2.33 |
Other Operating Expenses |
|
7.30 |
12 |
10 |
8.63 |
9.09 |
11 |
9.30 |
8.91 |
7.50 |
11 |
8.97 |
Amortization Expense |
|
1.05 |
0.93 |
0.91 |
0.84 |
0.80 |
0.72 |
0.70 |
0.64 |
0.59 |
0.53 |
0.50 |
Restructuring Charge |
|
0.00 |
4.24 |
2.80 |
1.59 |
0.00 |
2.35 |
0.96 |
1.92 |
0.04 |
2.85 |
1.12 |
Income Tax Expense |
|
12 |
11 |
10 |
11 |
11 |
7.84 |
8.58 |
1.20 |
9.88 |
9.62 |
13 |
Basic Earnings per Share |
|
$0.29 |
$0.28 |
$0.27 |
$0.26 |
$0.31 |
$0.22 |
$0.23 |
$0.04 |
$0.26 |
$0.26 |
$0.34 |
Weighted Average Basic Shares Outstanding |
|
126.99M |
127.05M |
127.06M |
127.10M |
127.10M |
127.11M |
127.26M |
127.37M |
127.40M |
127.51M |
127.75M |
Diluted Earnings per Share |
|
$0.29 |
$0.28 |
$0.26 |
$0.26 |
$0.31 |
$0.23 |
$0.23 |
$0.04 |
$0.26 |
$0.26 |
$0.34 |
Weighted Average Diluted Shares Outstanding |
|
126.99M |
127.05M |
127.06M |
127.10M |
127.10M |
127.11M |
127.26M |
127.37M |
127.40M |
127.51M |
127.75M |
Weighted Average Basic & Diluted Shares Outstanding |
|
126.99M |
127.05M |
127.06M |
127.10M |
127.10M |
127.11M |
127.26M |
127.37M |
127.40M |
127.51M |
127.75M |
Cash Dividends to Common per Share |
|
$0.20 |
- |
$0.20 |
$0.20 |
$0.20 |
- |
$0.20 |
$0.20 |
$0.20 |
- |
$0.20 |
Annual Cash Flow Statements for Northwest Bancshares
This table details how cash moves in and out of Northwest Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-151 |
-73 |
222 |
-312 |
-8.92 |
-7.94 |
675 |
543 |
-1,140 |
-17 |
166 |
Net Cash From Operating Activities |
|
91 |
113 |
136 |
152 |
139 |
127 |
140 |
205 |
175 |
93 |
128 |
Net Cash From Continuing Operating Activities |
|
91 |
113 |
136 |
152 |
139 |
127 |
140 |
205 |
175 |
93 |
128 |
Net Income / (Loss) Continuing Operations |
|
62 |
61 |
50 |
94 |
105 |
110 |
75 |
154 |
134 |
135 |
100 |
Consolidated Net Income / (Loss) |
|
62 |
61 |
50 |
94 |
105 |
110 |
75 |
154 |
134 |
135 |
100 |
Provision For Loan Losses |
|
20 |
9.71 |
14 |
20 |
20 |
23 |
84 |
-16 |
28 |
23 |
25 |
Depreciation Expense |
|
9.87 |
8.96 |
15 |
14 |
8.12 |
3.82 |
4.74 |
6.63 |
6.45 |
24 |
21 |
Amortization Expense |
|
0.38 |
1.15 |
2.14 |
2.02 |
1.87 |
0.92 |
3.80 |
7.76 |
4.81 |
3.09 |
0.68 |
Non-Cash Adjustments to Reconcile Net Income |
|
12 |
14 |
25 |
6.67 |
13 |
1.71 |
-58 |
22 |
16 |
3.51 |
-25 |
Changes in Operating Assets and Liabilities, net |
|
-14 |
19 |
30 |
15 |
-10 |
-12 |
31 |
30 |
-14 |
-96 |
6.00 |
Net Cash From Investing Activities |
|
-68 |
-89 |
1,151 |
-104 |
-282 |
-301 |
-561 |
-233 |
-917 |
-240 |
175 |
Net Cash From Continuing Investing Activities |
|
-68 |
-89 |
1,151 |
-104 |
-282 |
-301 |
-561 |
-233 |
-917 |
-240 |
175 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-9.97 |
-13 |
-15 |
-3.72 |
-5.23 |
-11 |
-12 |
-18 |
-4.32 |
-8.56 |
-2.31 |
Purchase of Investment Securities |
|
-1,997 |
-444 |
-272 |
-3,024 |
-3,235 |
-3,950 |
-5,383 |
-5,318 |
-5,298 |
-3,977 |
-3,444 |
Sale and/or Maturity of Investments |
|
1,939 |
368 |
1,438 |
2,924 |
2,958 |
3,660 |
4,835 |
5,075 |
4,385 |
3,746 |
3,621 |
Net Cash From Financing Activities |
|
-174 |
-98 |
-1,064 |
-360 |
134 |
165 |
1,096 |
570 |
-398 |
130 |
-137 |
Net Cash From Continuing Financing Activities |
|
-174 |
-98 |
-1,064 |
-360 |
134 |
165 |
1,096 |
570 |
-398 |
130 |
-137 |
Net Change in Deposits |
|
-36 |
-60 |
-157 |
-271 |
67 |
218 |
1,390 |
702 |
-837 |
515 |
165 |
Issuance of Debt |
|
6.52 |
196 |
- |
- |
126 |
0.00 |
123 |
1.43 |
542 |
-282 |
-199 |
Repayment of Debt |
|
-0.05 |
-181 |
-857 |
-35 |
0.00 |
12 |
-316 |
-22 |
-10 |
0.00 |
0.00 |
Payment of Dividends |
|
-150 |
-53 |
-60 |
-65 |
-70 |
-76 |
-93 |
-100 |
-101 |
-102 |
-102 |
Other Financing Activities, Net |
|
11 |
7.61 |
12 |
11 |
11 |
11 |
0.16 |
13 |
8.20 |
-1.73 |
-0.76 |
Cash Income Taxes Paid |
|
26 |
17 |
9.71 |
32 |
26 |
29 |
30 |
34 |
39 |
48 |
28 |
Quarterly Cash Flow Statements for Northwest Bancshares
This table details how cash moves in and out of Northwest Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
-386 |
21 |
-43 |
31 |
34 |
-40 |
-2.94 |
109 |
-1.55 |
61 |
65 |
Net Cash From Operating Activities |
|
83 |
65 |
30 |
23 |
-5.03 |
45 |
71 |
41 |
93 |
-77 |
108 |
Net Cash From Continuing Operating Activities |
|
83 |
65 |
30 |
23 |
-5.03 |
45 |
71 |
41 |
93 |
-77 |
108 |
Net Income / (Loss) Continuing Operations |
|
37 |
35 |
34 |
33 |
39 |
29 |
29 |
4.75 |
34 |
33 |
43 |
Consolidated Net Income / (Loss) |
|
37 |
35 |
34 |
33 |
39 |
29 |
29 |
4.75 |
34 |
33 |
43 |
Provision For Loan Losses |
|
7.69 |
19 |
5.00 |
8.93 |
1.00 |
7.95 |
3.44 |
-0.37 |
4.88 |
17 |
7.91 |
Depreciation Expense |
|
1.01 |
2.57 |
2.15 |
6.64 |
7.68 |
8.02 |
4.65 |
6.33 |
7.14 |
3.23 |
0.60 |
Amortization Expense |
|
1.07 |
0.96 |
0.88 |
0.85 |
0.71 |
0.65 |
0.63 |
0.23 |
-0.10 |
-0.08 |
-0.05 |
Non-Cash Adjustments to Reconcile Net Income |
|
16 |
1.15 |
5.67 |
-7.19 |
8.01 |
-2.97 |
1.69 |
43 |
1.41 |
-71 |
6.75 |
Changes in Operating Assets and Liabilities, net |
|
20 |
6.54 |
-18 |
-19 |
-62 |
2.50 |
31 |
-13 |
46 |
-59 |
49 |
Net Cash From Investing Activities |
|
-249 |
-156 |
-130 |
-43 |
-5.57 |
-61 |
-144 |
231 |
11 |
76 |
-46 |
Net Cash From Continuing Investing Activities |
|
-249 |
-156 |
-130 |
-43 |
-5.57 |
-61 |
-144 |
231 |
11 |
76 |
-46 |
Purchase of Property, Leasehold Improvements and Equipment |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
-1.82 |
Purchase of Investment Securities |
|
-1,376 |
-1,146 |
-922 |
-1,127 |
-904 |
-1,024 |
-1,140 |
-1,140 |
-834 |
-329 |
-959 |
Sale and/or Maturity of Investments |
|
1,127 |
995 |
792 |
1,085 |
899 |
971 |
996 |
1,372 |
846 |
407 |
915 |
Net Cash From Financing Activities |
|
-220 |
111 |
57 |
51 |
45 |
-23 |
70 |
-163 |
-106 |
63 |
3.15 |
Net Cash From Continuing Financing Activities |
|
-220 |
111 |
57 |
51 |
45 |
-23 |
70 |
-163 |
-106 |
63 |
3.15 |
Net Change in Deposits |
|
-189 |
-414 |
73 |
125 |
127 |
190 |
92 |
16 |
-16 |
73 |
30 |
Issuance of Debt |
|
- |
531 |
7.48 |
-56 |
-28 |
-206 |
1.89 |
- |
- |
- |
-3.06 |
Payment of Dividends |
|
-25 |
-25 |
-25 |
-25 |
-25 |
-25 |
-25 |
-25 |
-25 |
-25 |
-26 |
Other Financing Activities, Net |
|
-25 |
19 |
2.75 |
7.28 |
-29 |
18 |
1.74 |
5.36 |
-26 |
19 |
2.11 |
Cash Income Taxes Paid |
|
10 |
18 |
0.29 |
24 |
14 |
9.76 |
0.61 |
13 |
1.27 |
13 |
0.77 |
Annual Balance Sheets for Northwest Bancshares
This table presents Northwest Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
7,775 |
8,952 |
9,624 |
9,364 |
9,608 |
10,494 |
13,806 |
14,502 |
14,113 |
14,419 |
14,408 |
Cash and Due from Banks |
|
87 |
92 |
390 |
78 |
69 |
61 |
736 |
1,279 |
139 |
122 |
288 |
Trading Account Securities |
|
1,016 |
906 |
846 |
822 |
824 |
838 |
1,578 |
2,317 |
2,099 |
1,858 |
1,860 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-58 |
10,388 |
9,889 |
10,793 |
11,281 |
11,063 |
Loans and Leases |
|
- |
- |
- |
- |
- |
- |
10,522 |
9,991 |
10,911 |
11,406 |
11,180 |
Allowance for Loan and Lease Losses |
|
- |
- |
- |
- |
- |
58 |
134 |
102 |
118 |
125 |
117 |
Loans Held for Sale |
|
- |
- |
- |
- |
- |
7.71 |
59 |
25 |
9.91 |
8.77 |
76 |
Premises and Equipment, Net |
|
144 |
154 |
161 |
152 |
143 |
147 |
162 |
157 |
146 |
139 |
124 |
Goodwill |
|
175 |
262 |
307 |
307 |
307 |
346 |
382 |
381 |
381 |
381 |
381 |
Intangible Assets |
|
3.03 |
8.98 |
32 |
26 |
20 |
23 |
20 |
13 |
8.56 |
5.29 |
2.84 |
Other Assets |
|
6,196 |
7,453 |
7,887 |
7,979 |
8,244 |
9,129 |
482 |
441 |
537 |
624 |
613 |
Total Liabilities & Shareholders' Equity |
|
7,775 |
8,952 |
9,624 |
9,364 |
9,608 |
10,494 |
13,806 |
14,502 |
14,113 |
14,419 |
14,408 |
Total Liabilities |
|
6,712 |
7,789 |
8,453 |
8,156 |
8,350 |
9,141 |
12,268 |
12,918 |
12,622 |
12,868 |
12,811 |
Non-Interest Bearing Deposits |
|
- |
- |
- |
- |
7,894 |
8,592 |
11,599 |
12,301 |
11,465 |
11,980 |
12,145 |
Interest Bearing Deposits |
|
31 |
34 |
37 |
41 |
43 |
45 |
45 |
45 |
48 |
45 |
42 |
Short-Term Debt |
|
- |
- |
- |
- |
234 |
246 |
160 |
139 |
681 |
399 |
200 |
Accrued Interest Payable |
|
0.94 |
1.99 |
0.64 |
0.46 |
0.74 |
1.14 |
2.05 |
1.80 |
3.23 |
14 |
6.94 |
Long-Term Debt |
|
991 |
1,086 |
254 |
219 |
111 |
122 |
252 |
253 |
243 |
244 |
244 |
Other Long-Term Liabilities |
|
5,690 |
6,667 |
8,161 |
7,895 |
66 |
135 |
209 |
179 |
182 |
186 |
173 |
Total Equity & Noncontrolling Interests |
|
1,063 |
1,163 |
1,171 |
1,208 |
1,258 |
1,353 |
1,539 |
1,584 |
1,491 |
1,551 |
1,597 |
Total Preferred & Common Equity |
|
1,063 |
1,163 |
1,171 |
1,208 |
1,258 |
1,353 |
1,539 |
1,584 |
1,491 |
1,551 |
1,597 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
1,063 |
1,163 |
1,171 |
1,208 |
1,258 |
1,353 |
1,539 |
1,584 |
1,491 |
1,551 |
1,597 |
Common Stock |
|
605 |
698 |
720 |
732 |
747 |
807 |
1,017 |
1,012 |
1,021 |
1,026 |
1,035 |
Retained Earnings |
|
482 |
489 |
479 |
508 |
550 |
583 |
555 |
610 |
642 |
675 |
673 |
Accumulated Other Comprehensive Income / (Loss) |
|
-24 |
-25 |
-28 |
-32 |
-40 |
-37 |
-34 |
-38 |
-171 |
-149 |
-111 |
Quarterly Balance Sheets for Northwest Bancshares
This table presents Northwest Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
13,953 |
14,194 |
14,291 |
14,362 |
14,510 |
14,386 |
14,354 |
14,454 |
Cash and Due from Banks |
|
119 |
96 |
128 |
162 |
119 |
228 |
227 |
353 |
Trading Account Securities |
|
2,151 |
2,072 |
1,922 |
1,840 |
1,895 |
1,813 |
1,879 |
1,889 |
Loans and Leases, Net of Allowance |
|
10,616 |
10,964 |
11,147 |
11,185 |
11,368 |
11,220 |
11,169 |
11,094 |
Loans and Leases |
|
10,726 |
11,085 |
11,255 |
11,300 |
11,493 |
11,345 |
11,295 |
11,216 |
Allowance for Loan and Lease Losses |
|
110 |
121 |
124 |
125 |
125 |
125 |
126 |
123 |
Loans Held for Sale |
|
16 |
7.01 |
16 |
11 |
8.08 |
9.45 |
9.37 |
71 |
Premises and Equipment, Net |
|
146 |
140 |
140 |
138 |
131 |
128 |
126 |
123 |
Goodwill |
|
381 |
381 |
381 |
381 |
381 |
381 |
381 |
381 |
Intangible Assets |
|
9.49 |
7.65 |
6.81 |
6.01 |
4.59 |
3.95 |
3.36 |
2.33 |
Other Assets |
|
515 |
526 |
568 |
650 |
603 |
601 |
559 |
540 |
Total Liabilities & Shareholders' Equity |
|
13,953 |
14,194 |
14,291 |
14,362 |
14,510 |
14,386 |
14,354 |
14,454 |
Total Liabilities |
|
12,493 |
12,681 |
12,780 |
12,864 |
12,958 |
12,829 |
12,763 |
12,825 |
Non-Interest Bearing Deposits |
|
3,094 |
2,896 |
2,821 |
2,774 |
2,618 |
2,582 |
2,582 |
2,641 |
Interest Bearing Deposits |
|
8,814 |
8,691 |
8,899 |
9,043 |
9,500 |
9,558 |
9,514 |
9,577 |
Short-Term Debt |
|
- |
689 |
632 |
605 |
401 |
242 |
204 |
197 |
Accrued Interest Payable |
|
0.83 |
2.24 |
4.94 |
7.92 |
17 |
21 |
15 |
6.84 |
Long-Term Debt |
|
393 |
243 |
243 |
244 |
244 |
244 |
244 |
245 |
Other Long-Term Liabilities |
|
191 |
159 |
180 |
190 |
177 |
181 |
204 |
158 |
Total Equity & Noncontrolling Interests |
|
1,460 |
1,513 |
1,512 |
1,498 |
1,552 |
1,557 |
1,591 |
1,629 |
Total Preferred & Common Equity |
|
1,460 |
1,513 |
1,512 |
1,498 |
1,552 |
1,557 |
1,591 |
1,629 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
1,460 |
1,513 |
1,512 |
1,498 |
1,552 |
1,557 |
1,591 |
1,629 |
Common Stock |
|
1,018 |
1,022 |
1,023 |
1,025 |
1,027 |
1,029 |
1,032 |
1,036 |
Retained Earnings |
|
632 |
650 |
657 |
671 |
678 |
658 |
666 |
691 |
Accumulated Other Comprehensive Income / (Loss) |
|
-191 |
-159 |
-169 |
-198 |
-153 |
-130 |
-106 |
-98 |
Annual Metrics And Ratios for Northwest Bancshares
This table displays calculated financial ratios and metrics derived from Northwest Bancshares' official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.38% |
3.91% |
18.25% |
12.37% |
-2.48% |
6.86% |
13.94% |
1.94% |
-0.49% |
3.38% |
-4.90% |
EBITDA Growth |
|
-7.84% |
4.89% |
-9.87% |
71.27% |
-5.46% |
1.36% |
-30.71% |
113.25% |
-14.18% |
9.58% |
-25.22% |
EBIT Growth |
|
-9.70% |
5.66% |
-19.42% |
90.58% |
-1.47% |
5.38% |
-34.43% |
117.37% |
-13.64% |
0.80% |
-26.01% |
NOPAT Growth |
|
-6.91% |
-2.30% |
-17.96% |
90.20% |
11.67% |
4.68% |
-32.22% |
106.17% |
-13.39% |
0.97% |
-25.70% |
Net Income Growth |
|
-6.91% |
-2.30% |
-17.96% |
90.20% |
11.67% |
4.68% |
-32.22% |
106.17% |
-13.39% |
0.97% |
-25.70% |
EPS Growth |
|
-8.22% |
-4.48% |
-23.44% |
87.76% |
10.87% |
1.96% |
-40.38% |
95.16% |
-13.22% |
0.95% |
-25.47% |
Operating Cash Flow Growth |
|
-30.44% |
24.99% |
19.88% |
11.85% |
-8.49% |
-8.24% |
10.18% |
46.30% |
-14.61% |
-47.05% |
37.44% |
Free Cash Flow Firm Growth |
|
711.38% |
-191.19% |
747.64% |
-89.47% |
-176.66% |
89.02% |
-1,890.79% |
183.99% |
-336.82% |
216.28% |
-29.18% |
Invested Capital Growth |
|
-4.02% |
9.52% |
-36.66% |
0.17% |
12.34% |
7.37% |
13.31% |
1.27% |
22.30% |
-9.18% |
-6.95% |
Revenue Q/Q Growth |
|
-0.90% |
3.39% |
4.54% |
-0.14% |
0.69% |
1.56% |
3.53% |
-2.07% |
4.16% |
-1.69% |
3.73% |
EBITDA Q/Q Growth |
|
-5.13% |
3.28% |
17.53% |
-6.37% |
1.80% |
0.29% |
9.25% |
1.94% |
0.33% |
-1.57% |
0.00% |
EBIT Q/Q Growth |
|
-6.33% |
1.54% |
20.19% |
-5.64% |
4.11% |
-1.16% |
14.94% |
-2.46% |
3.52% |
-4.57% |
4.45% |
NOPAT Q/Q Growth |
|
-4.43% |
-1.87% |
20.07% |
-2.42% |
4.27% |
-0.79% |
14.49% |
-3.14% |
3.56% |
-4.01% |
3.87% |
Net Income Q/Q Growth |
|
-4.43% |
-1.87% |
20.07% |
-2.42% |
4.27% |
-0.79% |
14.49% |
-3.14% |
3.56% |
-4.01% |
3.87% |
EPS Q/Q Growth |
|
-5.63% |
-3.03% |
19.51% |
-2.13% |
4.08% |
-1.89% |
10.71% |
-4.72% |
3.96% |
-4.50% |
3.95% |
Operating Cash Flow Q/Q Growth |
|
-11.60% |
9.54% |
26.70% |
-10.13% |
-2.67% |
-11.02% |
-17.66% |
65.46% |
-1.44% |
-17.85% |
-48.89% |
Free Cash Flow Firm Q/Q Growth |
|
30.67% |
-53.52% |
4.16% |
23.96% |
-2,799.85% |
91.04% |
44.90% |
-55.74% |
-241.41% |
201.01% |
-37.34% |
Invested Capital Q/Q Growth |
|
-0.21% |
1.88% |
1.05% |
-0.37% |
4.72% |
-0.43% |
-5.96% |
1.78% |
30.39% |
-6.51% |
0.08% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
29.41% |
29.69% |
22.63% |
34.50% |
33.44% |
31.72% |
19.29% |
40.35% |
34.80% |
36.88% |
29.00% |
EBIT Margin |
|
26.21% |
26.65% |
18.16% |
30.80% |
31.12% |
30.68% |
17.66% |
37.65% |
32.68% |
31.86% |
24.79% |
Profit (Net Income) Margin |
|
19.39% |
18.23% |
12.65% |
21.41% |
24.51% |
24.01% |
14.29% |
28.89% |
25.15% |
24.56% |
19.19% |
Tax Burden Percent |
|
73.98% |
68.41% |
69.64% |
69.51% |
78.78% |
78.26% |
80.90% |
76.73% |
76.96% |
77.08% |
77.41% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
26.02% |
31.59% |
30.36% |
30.49% |
21.22% |
21.74% |
19.10% |
23.27% |
23.04% |
22.92% |
22.59% |
Return on Invested Capital (ROIC) |
|
2.96% |
2.81% |
2.70% |
6.62% |
6.96% |
6.64% |
4.08% |
7.86% |
6.09% |
5.86% |
4.74% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
2.96% |
2.81% |
2.70% |
6.62% |
6.96% |
6.64% |
4.08% |
7.86% |
6.09% |
5.86% |
4.74% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.63% |
2.63% |
1.55% |
1.32% |
1.60% |
1.82% |
1.10% |
2.02% |
2.61% |
3.02% |
1.64% |
Return on Equity (ROE) |
|
5.59% |
5.44% |
4.26% |
7.94% |
8.56% |
8.46% |
5.18% |
9.89% |
8.69% |
8.87% |
6.37% |
Cash Return on Invested Capital (CROIC) |
|
7.06% |
-6.27% |
47.59% |
6.46% |
-4.66% |
-0.47% |
-8.40% |
6.60% |
-13.98% |
15.48% |
11.93% |
Operating Return on Assets (OROA) |
|
1.07% |
1.06% |
0.77% |
1.43% |
1.41% |
1.40% |
0.76% |
1.42% |
1.21% |
1.23% |
0.90% |
Return on Assets (ROA) |
|
0.79% |
0.72% |
0.53% |
1.00% |
1.11% |
1.10% |
0.62% |
1.09% |
0.93% |
0.95% |
0.70% |
Return on Common Equity (ROCE) |
|
5.59% |
5.44% |
4.26% |
7.94% |
8.56% |
8.46% |
5.18% |
9.89% |
8.69% |
8.87% |
6.37% |
Return on Equity Simple (ROE_SIMPLE) |
|
5.83% |
5.20% |
4.24% |
7.82% |
8.39% |
8.16% |
4.86% |
9.75% |
8.96% |
8.70% |
6.28% |
Net Operating Profit after Tax (NOPAT) |
|
62 |
61 |
50 |
94 |
105 |
110 |
75 |
154 |
134 |
135 |
100 |
NOPAT Margin |
|
19.39% |
18.23% |
12.65% |
21.41% |
24.51% |
24.01% |
14.29% |
28.89% |
25.15% |
24.56% |
19.19% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
54.54% |
55.33% |
54.10% |
52.09% |
52.84% |
52.46% |
50.91% |
54.10% |
52.60% |
53.32% |
59.73% |
Operating Expenses to Revenue |
|
67.44% |
70.43% |
78.39% |
64.72% |
64.16% |
64.39% |
66.32% |
65.30% |
62.00% |
63.98% |
70.52% |
Earnings before Interest and Taxes (EBIT) |
|
84 |
89 |
71 |
136 |
134 |
141 |
93 |
201 |
174 |
175 |
130 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
94 |
99 |
89 |
152 |
144 |
146 |
101 |
216 |
185 |
203 |
152 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.67 |
0.74 |
1.02 |
0.97 |
0.99 |
0.97 |
0.84 |
0.95 |
1.03 |
0.94 |
1.04 |
Price to Tangible Book Value (P/TBV) |
|
0.81 |
0.96 |
1.44 |
1.34 |
1.33 |
1.33 |
1.13 |
1.26 |
1.39 |
1.26 |
1.36 |
Price to Revenue (P/Rev) |
|
2.23 |
2.58 |
3.05 |
2.65 |
2.88 |
2.85 |
2.46 |
2.81 |
2.88 |
2.67 |
3.17 |
Price to Earnings (P/E) |
|
11.52 |
14.13 |
24.09 |
12.38 |
11.76 |
11.87 |
17.20 |
9.73 |
11.46 |
10.86 |
16.50 |
Dividend Yield |
|
6.52% |
6.66% |
5.08% |
5.62% |
5.66% |
5.86% |
7.54% |
6.66% |
6.63% |
6.94% |
6.16% |
Earnings Yield |
|
8.68% |
7.08% |
4.15% |
8.08% |
8.50% |
8.42% |
5.81% |
10.28% |
8.73% |
9.21% |
6.06% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.71 |
0.79 |
0.74 |
0.92 |
0.95 |
0.94 |
0.49 |
0.31 |
0.96 |
0.91 |
0.89 |
Enterprise Value to Revenue (EV/Rev) |
|
4.58 |
5.34 |
2.70 |
2.97 |
3.53 |
3.52 |
1.84 |
1.15 |
4.36 |
3.61 |
3.47 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
15.58 |
17.99 |
11.93 |
8.61 |
10.54 |
11.10 |
9.53 |
2.85 |
12.52 |
9.80 |
11.95 |
Enterprise Value to EBIT (EV/EBIT) |
|
17.48 |
20.05 |
14.87 |
9.65 |
11.33 |
11.47 |
10.41 |
3.05 |
13.33 |
11.34 |
13.98 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
23.64 |
29.30 |
21.36 |
13.88 |
14.38 |
14.66 |
12.87 |
3.98 |
17.33 |
14.72 |
18.06 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
16.17 |
15.67 |
7.82 |
8.64 |
10.92 |
12.70 |
6.86 |
2.99 |
13.20 |
21.38 |
14.19 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
9.89 |
0.00 |
1.21 |
14.24 |
0.00 |
0.00 |
0.00 |
4.74 |
0.00 |
5.57 |
7.17 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.93 |
0.93 |
0.22 |
0.18 |
0.27 |
0.27 |
0.27 |
0.25 |
0.62 |
0.41 |
0.28 |
Long-Term Debt to Equity |
|
0.93 |
0.93 |
0.22 |
0.18 |
0.09 |
0.09 |
0.16 |
0.16 |
0.16 |
0.16 |
0.15 |
Financial Leverage |
|
0.89 |
0.93 |
0.57 |
0.20 |
0.23 |
0.27 |
0.27 |
0.26 |
0.43 |
0.52 |
0.35 |
Leverage Ratio |
|
7.06 |
7.52 |
7.96 |
7.98 |
7.70 |
7.70 |
8.40 |
9.07 |
9.31 |
9.38 |
9.16 |
Compound Leverage Factor |
|
7.06 |
7.52 |
7.96 |
7.98 |
7.70 |
7.70 |
8.40 |
9.07 |
9.31 |
9.38 |
9.16 |
Debt to Total Capital |
|
48.26% |
48.29% |
17.84% |
15.38% |
21.56% |
21.39% |
21.11% |
19.83% |
38.26% |
29.29% |
21.78% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
14.62% |
14.31% |
8.19% |
7.04% |
28.20% |
18.18% |
9.81% |
Long-Term Debt to Total Capital |
|
48.26% |
48.29% |
17.84% |
15.38% |
6.94% |
7.08% |
12.93% |
12.79% |
10.07% |
11.11% |
11.97% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
51.74% |
51.71% |
82.16% |
84.62% |
78.44% |
78.61% |
78.89% |
80.17% |
61.74% |
70.71% |
78.22% |
Debt to EBITDA |
|
10.54 |
11.02 |
2.86 |
1.44 |
2.40 |
2.52 |
4.08 |
1.82 |
5.00 |
3.17 |
2.93 |
Net Debt to EBITDA |
|
7.98 |
9.32 |
-1.53 |
0.93 |
1.92 |
2.11 |
-3.21 |
-4.12 |
4.24 |
2.57 |
1.03 |
Long-Term Debt to EBITDA |
|
10.54 |
11.02 |
2.86 |
1.44 |
0.77 |
0.84 |
2.49 |
1.17 |
1.31 |
1.20 |
1.61 |
Debt to NOPAT |
|
16.00 |
17.94 |
5.12 |
2.32 |
3.28 |
3.33 |
5.50 |
2.54 |
6.92 |
4.76 |
4.43 |
Net Debt to NOPAT |
|
12.11 |
15.18 |
-2.73 |
1.50 |
2.62 |
2.78 |
-4.33 |
-5.75 |
5.87 |
3.86 |
1.56 |
Long-Term Debt to NOPAT |
|
16.00 |
17.94 |
5.12 |
2.32 |
1.05 |
1.10 |
3.37 |
1.64 |
1.82 |
1.81 |
2.44 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
148 |
-135 |
874 |
92 |
-71 |
-7.75 |
-154 |
130 |
-307 |
357 |
253 |
Operating Cash Flow to CapEx |
|
908.63% |
856.10% |
891.26% |
4,081.69% |
2,654.48% |
1,169.48% |
1,146.03% |
1,172.91% |
4,060.90% |
1,084.66% |
5,531.50% |
Free Cash Flow to Firm to Interest Expense |
|
2.62 |
-2.40 |
22.83 |
3.28 |
-1.90 |
-0.14 |
-3.64 |
4.76 |
-10.91 |
2.34 |
1.08 |
Operating Cash Flow to Interest Expense |
|
1.60 |
2.01 |
3.54 |
5.41 |
3.74 |
2.24 |
3.32 |
7.54 |
6.24 |
0.61 |
0.55 |
Operating Cash Flow Less CapEx to Interest Expense |
|
1.42 |
1.78 |
3.15 |
5.28 |
3.60 |
2.05 |
3.03 |
6.90 |
6.09 |
0.55 |
0.54 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.05 |
0.05 |
0.05 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
2.20 |
2.23 |
2.49 |
2.82 |
2.91 |
3.16 |
3.39 |
3.36 |
3.52 |
3.86 |
3.97 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
2,054 |
2,249 |
1,425 |
1,427 |
1,603 |
1,721 |
1,951 |
1,975 |
2,416 |
2,194 |
2,042 |
Invested Capital Turnover |
|
0.15 |
0.15 |
0.21 |
0.31 |
0.28 |
0.28 |
0.29 |
0.27 |
0.24 |
0.24 |
0.25 |
Increase / (Decrease) in Invested Capital |
|
-86 |
196 |
-825 |
2.40 |
176 |
118 |
229 |
25 |
441 |
-222 |
-152 |
Enterprise Value (EV) |
|
1,464 |
1,774 |
1,061 |
1,311 |
1,517 |
1,618 |
963 |
614 |
2,316 |
1,986 |
1,811 |
Market Capitalization |
|
714 |
855 |
1,196 |
1,169 |
1,240 |
1,311 |
1,288 |
1,502 |
1,531 |
1,466 |
1,655 |
Book Value per Share |
|
$11.19 |
$11.43 |
$11.56 |
$11.77 |
$12.17 |
$12.69 |
$12.04 |
$12.51 |
$11.75 |
$12.21 |
$12.53 |
Tangible Book Value per Share |
|
$9.31 |
$8.77 |
$8.20 |
$8.52 |
$9.01 |
$9.23 |
$8.89 |
$9.40 |
$8.68 |
$9.17 |
$9.52 |
Total Capital |
|
2,054 |
2,249 |
1,425 |
1,427 |
1,603 |
1,721 |
1,951 |
1,975 |
2,416 |
2,194 |
2,042 |
Total Debt |
|
991 |
1,086 |
254 |
219 |
346 |
368 |
412 |
392 |
924 |
643 |
445 |
Total Long-Term Debt |
|
991 |
1,086 |
254 |
219 |
111 |
122 |
252 |
253 |
243 |
244 |
244 |
Net Debt |
|
750 |
919 |
-136 |
142 |
277 |
307 |
-324 |
-888 |
785 |
520 |
156 |
Capital Expenditures (CapEx) |
|
9.97 |
13 |
15 |
3.72 |
5.23 |
11 |
12 |
18 |
4.32 |
8.56 |
2.31 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
991 |
1,086 |
254 |
219 |
346 |
368 |
412 |
392 |
924 |
643 |
445 |
Total Depreciation and Amortization (D&A) |
|
10 |
10 |
18 |
16 |
9.99 |
4.75 |
8.54 |
14 |
11 |
28 |
22 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.68 |
$0.64 |
$0.50 |
$0.94 |
$1.03 |
$1.05 |
$0.62 |
$1.22 |
$1.05 |
$1.06 |
$0.79 |
Adjusted Weighted Average Basic Shares Outstanding |
|
94.72M |
101.78M |
101.82M |
102.55M |
103.69M |
106.93M |
126.95M |
126.67M |
127.05M |
127.11M |
127.51M |
Adjusted Diluted Earnings per Share |
|
$0.67 |
$0.64 |
$0.49 |
$0.92 |
$1.02 |
$1.04 |
$0.62 |
$1.21 |
$1.05 |
$1.06 |
$0.79 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
94.72M |
101.78M |
101.82M |
102.55M |
103.69M |
106.93M |
126.95M |
126.67M |
127.05M |
127.11M |
127.51M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
94.72M |
101.78M |
101.82M |
102.55M |
103.69M |
106.93M |
126.95M |
126.67M |
127.05M |
127.11M |
127.51M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
62 |
67 |
58 |
94 |
105 |
114 |
92 |
157 |
138 |
140 |
105 |
Normalized NOPAT Margin |
|
19.48% |
20.24% |
14.81% |
21.41% |
24.51% |
24.72% |
17.50% |
29.39% |
25.96% |
25.51% |
20.04% |
Pre Tax Income Margin |
|
26.21% |
26.65% |
18.16% |
30.80% |
31.12% |
30.68% |
17.66% |
37.65% |
32.68% |
31.86% |
24.79% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
1.48 |
1.57 |
1.86 |
4.84 |
3.61 |
2.48 |
2.19 |
7.38 |
6.18 |
1.15 |
0.55 |
NOPAT to Interest Expense |
|
1.10 |
1.07 |
1.30 |
3.37 |
2.84 |
1.94 |
1.77 |
5.66 |
4.75 |
0.89 |
0.43 |
EBIT Less CapEx to Interest Expense |
|
1.30 |
1.34 |
1.46 |
4.71 |
3.46 |
2.29 |
1.90 |
6.74 |
6.02 |
1.09 |
0.54 |
NOPAT Less CapEx to Interest Expense |
|
0.92 |
0.84 |
0.90 |
3.23 |
2.70 |
1.75 |
1.48 |
5.02 |
4.60 |
0.83 |
0.42 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
241.97% |
87.26% |
121.12% |
69.03% |
66.28% |
68.98% |
124.42% |
64.98% |
75.91% |
75.33% |
101.57% |
Augmented Payout Ratio |
|
250.48% |
100.22% |
124.65% |
69.03% |
66.28% |
68.98% |
136.81% |
80.43% |
75.91% |
75.33% |
101.57% |
Quarterly Metrics And Ratios for Northwest Bancshares
This table displays calculated financial ratios and metrics derived from Northwest Bancshares' official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
9.36% |
17.14% |
17.25% |
5.84% |
-0.21% |
-6.51% |
-3.83% |
-29.17% |
-0.09% |
13.87% |
19.03% |
EBITDA Growth |
|
15.91% |
1.26% |
14.68% |
16.50% |
15.00% |
-6.63% |
-8.52% |
-75.52% |
-14.46% |
-0.02% |
32.68% |
EBIT Growth |
|
7.49% |
15.01% |
22.53% |
0.65% |
2.83% |
-18.52% |
-14.20% |
-86.36% |
-14.19% |
14.98% |
49.77% |
NOPAT Growth |
|
6.39% |
15.28% |
19.06% |
-1.14% |
5.14% |
-16.26% |
-13.41% |
-85.63% |
-14.28% |
12.88% |
49.02% |
Net Income Growth |
|
6.39% |
15.28% |
19.06% |
-1.14% |
5.14% |
-16.26% |
-13.41% |
-85.63% |
-14.28% |
12.88% |
49.02% |
EPS Growth |
|
7.41% |
16.67% |
18.18% |
0.00% |
6.90% |
-17.86% |
-11.54% |
-84.62% |
-16.13% |
13.04% |
47.83% |
Operating Cash Flow Growth |
|
155.85% |
-3.77% |
232.89% |
-53.51% |
-106.04% |
-30.89% |
136.91% |
77.44% |
1,956.05% |
-270.45% |
52.21% |
Free Cash Flow Firm Growth |
|
-25.69% |
-7,752.04% |
-1,051.14% |
-482.32% |
-463.03% |
161.81% |
153.96% |
171.76% |
174.87% |
-26.18% |
-38.73% |
Invested Capital Growth |
|
-4.53% |
22.30% |
28.85% |
27.81% |
26.65% |
-9.18% |
-10.15% |
-14.42% |
-13.07% |
-6.95% |
-5.75% |
Revenue Q/Q Growth |
|
6.76% |
3.83% |
-5.84% |
1.40% |
0.66% |
-2.72% |
-3.15% |
-25.31% |
41.99% |
10.87% |
1.24% |
EBITDA Q/Q Growth |
|
17.23% |
-5.08% |
-3.57% |
8.58% |
15.72% |
-22.93% |
-5.52% |
-70.94% |
304.33% |
-9.92% |
25.38% |
EBIT Q/Q Growth |
|
13.89% |
-8.25% |
-2.74% |
-0.98% |
16.36% |
-27.30% |
2.42% |
-84.26% |
631.96% |
-2.58% |
33.41% |
NOPAT Q/Q Growth |
|
11.60% |
-7.12% |
-2.80% |
-1.89% |
18.69% |
-26.02% |
0.51% |
-83.72% |
608.19% |
-2.58% |
32.70% |
Net Income Q/Q Growth |
|
11.60% |
-7.12% |
-2.80% |
-1.89% |
18.69% |
-26.02% |
0.51% |
-83.72% |
608.19% |
-2.58% |
32.70% |
EPS Q/Q Growth |
|
11.54% |
-3.45% |
-7.14% |
0.00% |
19.23% |
-25.81% |
0.00% |
-82.61% |
550.00% |
0.00% |
30.77% |
Operating Cash Flow Q/Q Growth |
|
68.91% |
-21.50% |
-54.33% |
-23.22% |
-121.94% |
998.55% |
56.55% |
-42.50% |
129.45% |
-182.52% |
239.80% |
Free Cash Flow Firm Q/Q Growth |
|
-1.56% |
-424.12% |
-26.60% |
5.34% |
6.53% |
155.18% |
10.52% |
25.88% |
-2.48% |
-45.59% |
-8.27% |
Invested Capital Q/Q Growth |
|
-0.81% |
30.39% |
1.22% |
-2.37% |
-1.70% |
-6.51% |
0.14% |
-7.01% |
-0.15% |
0.08% |
1.43% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
36.81% |
33.65% |
34.46% |
36.90% |
42.42% |
33.61% |
32.78% |
12.75% |
36.32% |
29.51% |
36.54% |
EBIT Margin |
|
35.32% |
31.21% |
32.24% |
31.48% |
36.40% |
27.20% |
28.77% |
6.06% |
31.26% |
27.47% |
36.19% |
Profit (Net Income) Margin |
|
26.73% |
23.91% |
24.69% |
23.89% |
28.16% |
21.42% |
22.23% |
4.84% |
24.16% |
21.23% |
27.83% |
Tax Burden Percent |
|
75.68% |
76.61% |
76.57% |
75.86% |
77.38% |
78.74% |
77.27% |
79.89% |
77.30% |
77.30% |
76.88% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
24.32% |
23.39% |
23.43% |
24.14% |
22.62% |
21.26% |
22.73% |
20.11% |
22.70% |
22.70% |
23.12% |
Return on Invested Capital (ROIC) |
|
7.19% |
5.79% |
6.27% |
6.28% |
7.50% |
5.11% |
5.21% |
1.10% |
5.55% |
5.24% |
7.14% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
7.19% |
5.79% |
6.27% |
6.28% |
7.50% |
5.11% |
5.21% |
1.10% |
5.55% |
5.24% |
7.14% |
Return on Net Nonoperating Assets (RNNOA) |
|
1.84% |
2.48% |
2.70% |
2.61% |
3.15% |
2.63% |
2.68% |
0.49% |
2.33% |
1.81% |
2.44% |
Return on Equity (ROE) |
|
9.03% |
8.27% |
8.97% |
8.89% |
10.64% |
7.74% |
7.89% |
1.59% |
7.88% |
7.05% |
9.58% |
Cash Return on Invested Capital (CROIC) |
|
11.44% |
-13.98% |
-18.81% |
-17.89% |
-16.82% |
15.48% |
16.31% |
20.15% |
18.39% |
11.93% |
11.29% |
Operating Return on Assets (OROA) |
|
1.27% |
1.16% |
1.24% |
1.24% |
1.44% |
1.05% |
1.09% |
0.21% |
1.10% |
1.00% |
1.37% |
Return on Assets (ROA) |
|
0.96% |
0.89% |
0.95% |
0.94% |
1.11% |
0.82% |
0.84% |
0.17% |
0.85% |
0.77% |
1.05% |
Return on Common Equity (ROCE) |
|
9.03% |
8.27% |
8.97% |
8.89% |
10.64% |
7.74% |
7.89% |
1.59% |
7.88% |
7.05% |
9.58% |
Return on Equity Simple (ROE_SIMPLE) |
|
8.84% |
0.00% |
9.19% |
9.17% |
9.38% |
0.00% |
8.40% |
6.56% |
6.07% |
0.00% |
7.03% |
Net Operating Profit after Tax (NOPAT) |
|
37 |
35 |
34 |
33 |
39 |
29 |
29 |
4.75 |
34 |
33 |
43 |
NOPAT Margin |
|
26.73% |
23.91% |
24.69% |
23.89% |
28.16% |
21.42% |
22.23% |
4.84% |
24.16% |
21.23% |
27.83% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
49.76% |
48.57% |
52.27% |
52.57% |
54.11% |
54.31% |
57.96% |
79.70% |
57.41% |
50.66% |
50.46% |
Operating Expenses to Revenue |
|
56.60% |
61.27% |
64.10% |
62.06% |
62.88% |
66.93% |
68.62% |
94.31% |
65.24% |
61.80% |
58.74% |
Earnings before Interest and Taxes (EBIT) |
|
49 |
45 |
44 |
44 |
51 |
37 |
38 |
5.94 |
43 |
42 |
57 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
51 |
49 |
47 |
51 |
59 |
46 |
43 |
12 |
51 |
46 |
57 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.03 |
1.03 |
0.91 |
0.82 |
0.81 |
0.94 |
0.92 |
0.93 |
1.07 |
1.04 |
0.94 |
Price to Tangible Book Value (P/TBV) |
|
1.40 |
1.39 |
1.22 |
1.10 |
1.09 |
1.26 |
1.23 |
1.24 |
1.41 |
1.36 |
1.23 |
Price to Revenue (P/Rev) |
|
2.94 |
2.88 |
2.50 |
2.21 |
2.17 |
2.67 |
2.63 |
2.87 |
3.38 |
3.17 |
2.80 |
Price to Earnings (P/E) |
|
11.64 |
11.46 |
9.90 |
8.91 |
8.63 |
10.86 |
10.97 |
14.18 |
17.65 |
16.50 |
13.38 |
Dividend Yield |
|
6.76% |
6.63% |
7.38% |
8.23% |
8.38% |
6.94% |
7.10% |
7.03% |
5.98% |
6.16% |
6.66% |
Earnings Yield |
|
8.59% |
8.73% |
10.10% |
11.22% |
11.59% |
9.21% |
9.11% |
7.05% |
5.66% |
6.06% |
7.48% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.96 |
0.96 |
0.90 |
0.83 |
0.81 |
0.91 |
0.89 |
0.84 |
0.94 |
0.89 |
0.78 |
Enterprise Value to Revenue (EV/Rev) |
|
3.48 |
4.36 |
4.01 |
3.55 |
3.40 |
3.61 |
3.60 |
3.39 |
3.82 |
3.47 |
2.96 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
9.64 |
12.52 |
11.58 |
10.01 |
9.22 |
9.80 |
9.85 |
10.66 |
12.71 |
11.95 |
9.79 |
Enterprise Value to EBIT (EV/EBIT) |
|
10.59 |
13.33 |
12.17 |
10.90 |
10.35 |
11.34 |
11.59 |
13.00 |
15.53 |
13.98 |
10.93 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
13.76 |
17.33 |
15.91 |
14.31 |
13.51 |
14.72 |
15.00 |
16.71 |
19.95 |
18.06 |
14.15 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
9.98 |
13.20 |
9.71 |
9.85 |
16.79 |
21.38 |
14.63 |
11.26 |
7.71 |
14.19 |
9.85 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
8.19 |
0.00 |
0.00 |
0.00 |
0.00 |
5.57 |
5.17 |
3.82 |
4.78 |
7.17 |
6.73 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.27 |
0.62 |
0.62 |
0.58 |
0.57 |
0.41 |
0.42 |
0.31 |
0.28 |
0.28 |
0.27 |
Long-Term Debt to Equity |
|
0.27 |
0.16 |
0.16 |
0.16 |
0.16 |
0.16 |
0.16 |
0.16 |
0.15 |
0.15 |
0.15 |
Financial Leverage |
|
0.26 |
0.43 |
0.43 |
0.42 |
0.42 |
0.52 |
0.51 |
0.44 |
0.42 |
0.35 |
0.34 |
Leverage Ratio |
|
9.38 |
9.31 |
9.42 |
9.46 |
9.57 |
9.38 |
9.36 |
9.35 |
9.29 |
9.16 |
9.10 |
Compound Leverage Factor |
|
9.38 |
9.31 |
9.42 |
9.46 |
9.57 |
9.38 |
9.36 |
9.35 |
9.29 |
9.16 |
9.10 |
Debt to Total Capital |
|
21.21% |
38.26% |
38.11% |
36.69% |
36.15% |
29.29% |
29.34% |
23.81% |
21.99% |
21.78% |
21.34% |
Short-Term Debt to Total Capital |
|
0.00% |
28.20% |
28.16% |
26.49% |
25.76% |
18.18% |
18.24% |
11.86% |
10.02% |
9.81% |
9.53% |
Long-Term Debt to Total Capital |
|
21.21% |
10.07% |
9.95% |
10.20% |
10.38% |
11.11% |
11.10% |
11.95% |
11.97% |
11.97% |
11.81% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
78.79% |
61.74% |
61.89% |
63.32% |
63.85% |
70.71% |
70.66% |
76.19% |
78.01% |
78.22% |
78.67% |
Debt to EBITDA |
|
2.13 |
5.00 |
4.88 |
4.42 |
4.12 |
3.17 |
3.25 |
3.04 |
2.96 |
2.93 |
2.67 |
Net Debt to EBITDA |
|
1.49 |
4.24 |
4.37 |
3.77 |
3.33 |
2.57 |
2.64 |
1.61 |
1.46 |
1.03 |
0.53 |
Long-Term Debt to EBITDA |
|
2.13 |
1.31 |
1.27 |
1.23 |
1.18 |
1.20 |
1.23 |
1.52 |
1.61 |
1.61 |
1.48 |
Debt to NOPAT |
|
3.05 |
6.92 |
6.70 |
6.32 |
6.03 |
4.76 |
4.94 |
4.76 |
4.65 |
4.43 |
3.86 |
Net Debt to NOPAT |
|
2.13 |
5.87 |
6.01 |
5.39 |
4.88 |
3.86 |
4.03 |
2.53 |
2.30 |
1.56 |
0.77 |
Long-Term Debt to NOPAT |
|
3.05 |
1.82 |
1.75 |
1.76 |
1.73 |
1.81 |
1.87 |
2.39 |
2.53 |
2.44 |
2.13 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
125 |
-406 |
-514 |
-486 |
-455 |
251 |
277 |
349 |
340 |
185 |
170 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
5,906.26% |
Free Cash Flow to Firm to Interest Expense |
|
21.34 |
-37.55 |
-22.86 |
-13.72 |
-10.52 |
4.91 |
4.86 |
5.82 |
5.66 |
3.28 |
3.22 |
Operating Cash Flow to Interest Expense |
|
14.19 |
6.05 |
1.33 |
0.65 |
-0.12 |
0.88 |
1.24 |
0.68 |
1.55 |
-1.36 |
2.04 |
Operating Cash Flow Less CapEx to Interest Expense |
|
14.19 |
6.05 |
1.33 |
0.65 |
-0.12 |
0.88 |
1.24 |
0.68 |
1.55 |
-1.36 |
2.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
3.38 |
3.52 |
3.80 |
3.90 |
3.93 |
3.86 |
4.02 |
3.76 |
3.81 |
3.97 |
4.32 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,853 |
2,416 |
2,445 |
2,387 |
2,347 |
2,194 |
2,197 |
2,043 |
2,040 |
2,042 |
2,071 |
Invested Capital Turnover |
|
0.27 |
0.24 |
0.25 |
0.26 |
0.27 |
0.24 |
0.23 |
0.23 |
0.23 |
0.25 |
0.26 |
Increase / (Decrease) in Invested Capital |
|
-88 |
441 |
547 |
519 |
494 |
-222 |
-248 |
-344 |
-307 |
-152 |
-126 |
Enterprise Value (EV) |
|
1,776 |
2,316 |
2,212 |
1,984 |
1,899 |
1,986 |
1,957 |
1,706 |
1,926 |
1,811 |
1,621 |
Market Capitalization |
|
1,502 |
1,531 |
1,377 |
1,236 |
1,213 |
1,466 |
1,432 |
1,448 |
1,704 |
1,655 |
1,533 |
Book Value per Share |
|
$11.51 |
$11.75 |
$11.91 |
$11.90 |
$11.79 |
$12.21 |
$12.20 |
$12.23 |
$12.49 |
$12.53 |
$12.77 |
Tangible Book Value per Share |
|
$8.43 |
$8.68 |
$8.85 |
$8.84 |
$8.74 |
$9.17 |
$9.17 |
$9.21 |
$9.48 |
$9.52 |
$9.77 |
Total Capital |
|
1,853 |
2,416 |
2,445 |
2,387 |
2,347 |
2,194 |
2,197 |
2,043 |
2,040 |
2,042 |
2,071 |
Total Debt |
|
393 |
924 |
932 |
876 |
848 |
643 |
645 |
486 |
449 |
445 |
442 |
Total Long-Term Debt |
|
393 |
243 |
243 |
243 |
244 |
244 |
244 |
244 |
244 |
244 |
245 |
Net Debt |
|
274 |
785 |
835 |
748 |
686 |
520 |
525 |
258 |
222 |
156 |
89 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.82 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
393 |
924 |
932 |
876 |
848 |
643 |
645 |
486 |
449 |
445 |
442 |
Total Depreciation and Amortization (D&A) |
|
2.08 |
3.53 |
3.03 |
7.49 |
8.39 |
8.68 |
5.27 |
6.56 |
7.04 |
3.15 |
0.55 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.29 |
$0.28 |
$0.27 |
$0.26 |
$0.31 |
$0.22 |
$0.23 |
$0.04 |
$0.26 |
$0.26 |
$0.34 |
Adjusted Weighted Average Basic Shares Outstanding |
|
126.99M |
127.05M |
127.06M |
127.10M |
127.10M |
127.11M |
127.26M |
127.37M |
127.40M |
127.51M |
127.75M |
Adjusted Diluted Earnings per Share |
|
$0.29 |
$0.28 |
$0.26 |
$0.26 |
$0.31 |
$0.23 |
$0.23 |
$0.04 |
$0.26 |
$0.26 |
$0.34 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
126.99M |
127.05M |
127.06M |
127.10M |
127.10M |
127.11M |
127.26M |
127.37M |
127.40M |
127.51M |
127.75M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
126.99M |
127.05M |
127.06M |
127.10M |
127.10M |
127.11M |
127.26M |
127.37M |
127.40M |
127.51M |
127.75M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
37 |
38 |
36 |
34 |
39 |
31 |
30 |
6.28 |
34 |
35 |
44 |
Normalized NOPAT Margin |
|
26.73% |
26.16% |
26.26% |
24.76% |
28.16% |
22.79% |
22.79% |
6.41% |
24.19% |
22.66% |
28.38% |
Pre Tax Income Margin |
|
35.32% |
31.21% |
32.24% |
31.48% |
36.40% |
27.20% |
28.77% |
6.06% |
31.26% |
27.47% |
36.19% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
8.40 |
4.18 |
1.96 |
1.23 |
1.17 |
0.72 |
0.66 |
0.10 |
0.72 |
0.75 |
1.07 |
NOPAT to Interest Expense |
|
6.36 |
3.21 |
1.50 |
0.93 |
0.91 |
0.57 |
0.51 |
0.08 |
0.56 |
0.58 |
0.82 |
EBIT Less CapEx to Interest Expense |
|
8.40 |
4.18 |
1.96 |
1.23 |
1.17 |
0.72 |
0.66 |
0.10 |
0.72 |
0.75 |
1.04 |
NOPAT Less CapEx to Interest Expense |
|
6.36 |
3.21 |
1.50 |
0.93 |
0.91 |
0.57 |
0.51 |
0.08 |
0.56 |
0.58 |
0.79 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
78.55% |
75.91% |
73.02% |
73.27% |
72.30% |
75.33% |
77.96% |
99.59% |
105.43% |
101.57% |
88.97% |
Augmented Payout Ratio |
|
78.55% |
75.91% |
73.02% |
73.27% |
72.30% |
75.33% |
77.96% |
99.59% |
105.43% |
101.57% |
88.97% |
Key Financial Trends
Northwest Bancshares (NASDAQ: NWBI) has shown steady financial performance over the past several years, with notable growth in earnings and a solid balance sheet position.
Key Positive Trends:
- Net income has generally increased over the last four years, reaching $43.5 million in Q1 2025 from $33.7 million in Q1 2023, indicating improved profitability.
- Net interest income has grown from $112.5 million in Q1 2023 to $127.8 million in Q1 2025, reflecting increased earning assets or improved margins.
- Total revenue climbed to $156.2 million in Q1 2025, up from $136.4 million in Q1 2023, showing overall growth in sales and fee income.
- Common equity has grown moderately from approximately $1.51 billion in Q1 2023 to $1.63 billion in Q1 2025, supporting the company’s financial stability and regulatory capital levels.
- Cash, due from banks, and cash equivalents increased substantially to $353.2 million in Q1 2025 from $97 million in Q1 2023, improving liquidity.
- The company has consistently paid cash dividends of $0.20 per share each quarter, signaling steady shareholder returns and confidence in cash flow.
- Provision for credit losses has trended downward from a higher $19.5 million in Q4 2022 to a lower $7.9 million in Q1 2025, indicating improving asset quality and reduced credit risk.
- Net cash from operating activities improved to $107.6 million in Q1 2025 versus $29.8 million in Q1 2023, enabling more operational efficiency and cash generation.
Neutral Observations:
- Total assets have remained relatively stable around $14.5 billion, showing balance sheet size consistency without aggressive growth or contraction.
- The company’s interest-bearing deposit base has increased modestly, providing a steady funding source without major changes in funding structure.
Areas of Concern / Negative Trends:
- Total non-interest expense has increased slightly from $87.5 million in Q1 2023 to $91.7 million in Q1 2025, which could pressure margins if revenue growth slows.
- Although improving, net realized and unrealized capital gains on investments have fluctuated considerably, showing some volatility in non-interest income components.
- Long-term debt remains elevated, with interest expense over $5 million quarterly, which may affect net interest margin if interest rates rise.
- Allowance for loan and lease losses fluctuated but remains around $123 million, requiring continued monitoring of credit risk exposure.
- Capital expenditures on property and equipment remain steady, which could weigh on free cash flow if not carefully managed.
Summary: Northwest Bancshares has demonstrated consistent growth in net income and net interest income alongside maintaining a strong equity base and large asset portfolio. The reduction in credit loss provisions is a positive for risk management. However, rising non-interest expenses and debt-related costs warrant close observation. Their strong operational cash flow and steady dividend payments highlight financial discipline, making NWBI generally well-positioned for sustained performance in the near term.
08/29/25 01:32 AM ETAI Generated. May Contain Errors.