Northwest Bancshares (NWBI) Financials

$12.47 -0.03 (-0.24%)

Closing price 04:00 PM Eastern

Extended Trading

$12.48 +0.00 (+0.04%)

As of 04:10 PM Eastern

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.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	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
Net Income / (Loss) Continuing Operations	62	61	50	94	105	110	75	154	134	135	100
Total Pre-Tax Income	84	89	71	136	134	141	93	201	174	175	130
Total Revenue	320	332	393	441	430	460	524	534	532	550	523
Net Interest Income / (Expense)	249	263	307	331	339	360	392	391	421	436	436
Total Interest Income	305	320	346	359	376	417	434	419	449	588	669
Loans and Leases Interest Income	282	299	329	340	357	395	411	390	408	544	616
Investment Securities Interest Income	23	20	16	17	18	22	22	27	37	41	47
Deposits and Money Market Investments Interest Income	0.84	0.43	0.54	1.50	0.84	0.60	0.72	1.19	3.60	2.90	6.49
Total Interest Expense	57	56	38	28	37	57	42	27	28	152	234
Deposits Interest Expense	25	24	23	23	31	49	36	19	14	105	205
Long-Term Debt Interest Expense	31	32	15	5.01	6.16	7.70	6.44	8.12	14	47	28
Total Non-Interest Income	71	69	85	110	92	99	132	143	111	114	87
Trust Fees by Commissions	12	12	14	18	17	18	21	28	28	27	30
Other Service Charges	49	52	60	67	69	72	73	67	70	71	83
Net Realized & Unrealized Capital Gains on Investments	3.96	-0.95	0.59	18	-0.47	1.73	1.43	26	0.60	4.53	-35
Other Non-Interest Income	5.21	5.27	10	7.51	6.42	8.24	37	22	12	11	8.65
Provision for Credit Losses	20	9.71	14	20	20	23	84	-16	28	23	25
Total Non-Interest Expense	216	234	308	286	276	296	347	349	330	352	369
Salaries and Employee Benefits	116	120	143	152	152	163	178	194	188	196	214
Net Occupancy & Equipment Expense	50	55	61	68	67	71	81	87	82	88	89
Marketing Expense	8.21	8.50	8.85	9.61	8.43	7.00	7.70	8.24	9.10	9.44	8.89
Property & Liability Insurance Claims	5.19	5.11	4.40	3.52	2.75	0.69	4.77	4.98	4.78	9.27	12
Other Operating Expenses	34	34	75	41	39	43	48	46	35	39	37
Amortization Expense	1.32	1.69	4.26	6.76	5.85	6.54	6.86	5.55	4.28	3.27	2.45
Restructuring Charge	0.39	9.75	12	-	-	4.17	21	3.45	5.62	6.75	5.76
Income Tax Expense	22	28	22	41	28	31	18	47	40	40	29
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
Weighted Average Basic Shares Outstanding	91.54M	94.31M	99.44M	101.02M	102.07M	106.93M	126.95M	126.67M	127.05M	127.11M	127.51M
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
Weighted Average Diluted Shares Outstanding	91.54M	94.31M	99.44M	101.02M	102.07M	106.93M	126.95M	126.67M	127.05M	127.11M	127.51M
Weighted Average Basic & Diluted Shares Outstanding	91.54M	94.31M	99.44M	101.02M	102.07M	106.93M	126.95M	126.67M	127.05M	127.11M	127.51M
Cash Dividends to Common per Share	$1.62	$0.56	$0.60	$0.64	$0.68	$0.72	$0.76	$0.79	$0.80	$0.80	$0.80

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
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
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

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
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
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

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
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
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

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
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
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

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
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
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

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
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
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%

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
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
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%

Financials Breakdown Chart

Key Financial Trends

Northwest Bancshares Quarterly Financial Analysis (Q1 2022 - Q1 2025)

Over the last four years, Northwest Bancshares (NASDAQ: NWBI) has shown steady performance with some fluctuations in key financial metrics. Below is a summary of the main trends across income statements, cash flow statements, and balance sheets.

Consistent growth in Total Interest Income, increasing from around $127.9 million in Q4 2022 to $180.6 million in Q1 2025, driven primarily by increases in Loans and Leases Interest Income ($117.1M in Q4 2022 to $164.6M in Q1 2025).
Net Interest Income has increased significantly from $117.0 million in Q4 2022 to $127.8 million in Q1 2025, indicating improving core banking earnings.
Net Income attributable to common shareholders has grown from about $29.0 million in Q4 2022 to $43.5 million in Q1 2025, reflecting enhanced profitability.
Net Cash from Continuing Operating Activities has been consistently positive and rising, reaching approximately $107.6 million in Q1 2025, showing strong cash generation from core operations.
Total Assets remain robust, fluctuating but maintaining around $14.4 billion in Q1 2025, supported by solid growth in net loans and leases.
Total Equity increased from about $1.45 billion in Q4 2022 to $1.63 billion in Q1 2025, demonstrating strengthening capitalization.

Provision for Credit Losses has been variable, with a notable decrease in losses reflected by a slight expense of $7.9 million in Q1 2025 compared to $10.9 million in Q4 2022. This fluctuation could indicate changes in credit risk outlook.
Restructuring charges fluctuate quarter to quarter, from $4.2 million in Q4 2022 to $1.1 million in Q1 2025, which may imply ongoing operational adjustments.
Dividends per share have remained steady at $0.20 per quarter, reflecting a stable dividend policy.
The bank's allowance for loan and lease losses has slightly declined from $124.9 million in Q1 2023 to $122.8 million in Q1 2025, consistent with slightly reduced credit risk over the period.

Total Non-Interest Expense increased from around $88.8 million in Q4 2022 to $91.7 million in Q1 2025, impacted by rises in salaries, occupancy, and other operating expenses, which may pressure margins if revenue growth slows.
Long-Term Debt has remained elevated around $243 million to $244.5 million, with associated interest expense steady near $5.5 to $10.4 million, representing a fixed cost burden.
Net Cash from Investing Activities has generally been negative, with significant purchases of investment securities exceeding sales, particularly in early 2024 and 2025 quarters, indicating heavy capital deployment.
Short-Term Debt showed some increase from $400 million in Q1 2024 to roughly $197 million in Q1 2025, which might affect liquidity if not managed carefully.
Accumulated Other Comprehensive Income/(Loss) remains negative, around ($98.5) million in Q1 2025, which indicates unrealized losses or other comprehensive losses affecting equity.

Summary: Northwest Bancshares has demonstrated solid revenue and profit growth, supported by increasing interest income and manageable credit losses. The bank has ample capitalization and solid operating cash flow generation. However, rising expenses and significant investment activity coupled with negative other comprehensive income create some risks. Investors should watch margin trends and credit quality closely, along with the company's ability to maintain asset quality amid expansion in loans and securities.

10/09/25 03:45 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Northwest Bancshares' Financials

When does Northwest Bancshares' fiscal year end?

According to the most recent income statement we have on file, Northwest Bancshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Northwest Bancshares' net income changed over the last 10 years?

Northwest Bancshares' net income appears to be on an upward trend, with a most recent value of $100.28 million in 2024, rising from $61.96 million in 2014. The previous period was $134.96 million in 2023. See Northwest Bancshares' forecast for analyst expectations on what’s next for the company.

How has Northwest Bancshares' revenue changed over the last 10 years?

Over the last 10 years, Northwest Bancshares' total revenue changed from $319.61 million in 2014 to $522.59 million in 2024, a change of 63.5%.

How much debt does Northwest Bancshares have?

Northwest Bancshares' total liabilities were at $12.81 billion at the end of 2024, a 0.4% decrease from 2023, and a 90.9% increase since 2014.

How much cash does Northwest Bancshares have?

In the past 10 years, Northwest Bancshares' cash and equivalents has ranged from $60.85 million in 2019 to $1.28 billion in 2021, and is currently $288.38 million as of their latest financial filing in 2024.

How has Northwest Bancshares' book value per share changed over the last 10 years?

Over the last 10 years, Northwest Bancshares' book value per share changed from 11.19 in 2014 to 12.53 in 2024, a change of 12.0%.

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This page (NASDAQ:NWBI) was last updated on 10/9/2025 by MarketBeat.com Staff

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Northwest Bancshares (NWBI) Financials

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Northwest Bancshares (NWBI) Financials

Annual Income Statements for Northwest Bancshares

Quarterly Income Statements for Northwest Bancshares

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Quarterly Cash Flow Statements for Northwest Bancshares

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Quarterly Balance Sheets for Northwest Bancshares

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Quarterly Metrics And Ratios for Northwest Bancshares

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Key Financial Trends

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