Logo

NWBI

Northwest Bancshares, Inc.

NWBI

Northwest Bancshares, Inc. • NASDAQ
$11.96 ▼ -0.66% (-0.08)
Market Cap $1.75 B
52w High $14.81
52w Low $10.75
Dividend Yield 0.80%
P/E 13.75
Volume 414.30K
Outstanding Shares 146.11M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $226.1M ▲ $132.722M ▲ $3.167M ▼ 1.401% ▼ $0.02 ▼ $3.517M ▼
Q2-2025 $201.67M ▼ $96.702M ▲ $33.675M ▼ 16.698% ▼ $0.26 ▼ $45.16M ▼
Q1-2025 $208.622M ▼ $91.409M ▼ $43.458M ▲ 20.831% ▲ $0.34 ▲ $57.121M ▲
Q4-2024 $209.88M ▲ $94.421M ▲ $32.75M ▼ 15.604% ▼ $0.26 $45.596M ▼
Q3-2024 $198.74M $90.293M $33.618M 16.916% $0.26 $50.631M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $301.61M ▼ $16.381B ▲ $14.525B ▲ $1.856B ▲
Q2-2025 $1.462B ▼ $14.485B ▲ $12.843B ▲ $1.642B ▲
Q1-2025 $1.507B ▲ $14.454B ▲ $12.825B ▲ $1.629B ▲
Q4-2024 $1.397B ▲ $14.408B ▲ $12.811B ▲ $1.597B ▲
Q3-2024 $1.339B $14.354B $12.763B $1.591B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $3.167M ▼ $41.944M ▲ $371.183M ▲ $-401.385M ▼ $11.742M ▲ $38.296M ▲
Q2-2025 $33.675M ▼ $-2.327M ▼ $-90.019M ▼ $6.218M ▲ $-86.128M ▼ $-5.956M ▼
Q1-2025 $43.458M ▲ $107.612M ▲ $-45.936M ▼ $3.149M ▼ $64.825M ▲ $105.79M ▲
Q4-2024 $32.75M ▼ $-76.975M ▼ $75.907M ▲ $62.563M ▲ $61.495M ▲ $-77.207M ▼
Q3-2024 $33.575M $93.285M $11.405M $-106.24M $-1.55M $93.197M

Revenue by Products

Product Q3-2013Q1-2025Q2-2025Q3-2025
Banking Segment
Banking Segment
 $0 ▲$210.00M ▲$200.00M ▼$230.00M ▲
All Other Segments
All Other Segments
 $0 ▲$0 ▲$0 ▲$0 ▲
Community Banking
Community Banking
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been on a gentle upward climb over the last five years, which is a positive sign for a regional bank. Profitability, however, tells a more mixed story: margins were stronger a few years ago and have since come under pressure. Net income and earnings per share have slipped from their earlier peak and are now running at a lower, more modest level. This suggests the bank is growing its top line but facing headwinds from higher funding costs, competitive pricing, or credit and operating expenses. Overall, the income statement reflects a stable but not currently accelerating profit profile, with execution and cost control now more important than simple growth.

Balance Sheet

Balance Sheet The balance sheet looks steady and mature. Total assets have hovered in a fairly tight range, indicating a bank that is not aggressively expanding its size but maintaining a consistent footprint. Equity has inched up over time, which points to gradual strengthening of the capital base. Debt rose for a period and then eased back, suggesting some conscious balance-sheet management and deleveraging as conditions allowed. Cash balances swung sharply in the middle of the period and are now much lower, which likely reflects changes in deposit flows and investment of excess liquidity rather than stress. In broad terms, the balance sheet shows a conservative, relationship-focused bank rather than a highly leveraged growth story.

Cash Flow

Cash Flow Cash flow from operations has been positive every year, but it has moved up and down with the interest rate and credit cycle. Free cash flow is consistently positive and closely tracks operating cash flow, because the bank spends relatively little on physical capital. That low level of capital spending indicates a business that is already built out and now focuses on optimizing what it has, with more investment going into people, technology, and acquisitions rather than bricks and mortar. The pattern suggests a dependable, if unspectacular, cash generator, with enough internal cash to support dividends, modest growth, and ongoing technology upgrades, as long as credit quality remains sound.

Competitive Edge

Competitive Edge Northwest sits in the middle ground between a small community bank and a large national institution. Its strengths are long-standing local relationships, strong name recognition in its core states, and a service model that consistently scores well with customers. The recent acquisition strategy and push into higher-yielding commercial lending give it more scale and a broader product set, helping it compete with larger regionals. At the same time, it faces intense competition for deposits and loans from big banks, credit unions, and digital players. Its moat is built more on trust, service, and local presence than on unique products, which means maintaining culture and credit discipline is critical as it grows and integrates acquisitions.

Innovation and R&D

Innovation and R&D Innovation here is practical rather than flashy. The bank has rolled out a well-rounded digital platform for both consumers and businesses, upgraded treasury tools for commercial clients, and is using cloud and data analytics to better understand and serve customers. It also offers some niche lending products and tailored solutions for small businesses, professionals, and specific industries, which help differentiate it from generic banking offerings. While it is not a technology pioneer, it keeps pace with mainstream digital banking features and focuses on reliability and ease of use. The main innovation risks are falling behind faster-moving fintechs and ensuring that new systems and data tools are fully leveraged rather than just implemented.

Summary

Northwest Bancshares looks like a steady, community-rooted regional bank that has been gradually modernizing and scaling up. Revenues are growing, but profit margins have softened in recent years, making efficiency and credit quality key watchpoints. The balance sheet appears conservative and stable, with slowly rising equity and manageable use of debt. Cash generation is reliable, and capital needs are modest. Competitively, the bank leans on customer satisfaction, local presence, and specialized commercial and niche mortgage programs, while working to stay current in digital banking. The main uncertainties are how well it integrates acquisitions, manages the shift toward higher-yield commercial loans, and navigates a competitive, rate-sensitive environment without eroding its long-standing customer trust and risk discipline.

NEWS

October 27, 2025 · 4:05 PM UTC

Northwest Bancshares, Inc. Announces Third Quarter 2025 GAAP net income of $3 million, or $0.02 per diluted share

Read more

October 6, 2025 · 4:05 PM UTC

Northwest Bancshares, Inc. Announces Third Quarter 2025 Earnings Call Details

Read more