Northwest Bancshares, Inc. Announces Board of Directors Leadership Transition
COLUMBUS, Ohio , May 12, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. ("Northwest") (Nasdaq: NWBI), today announced a change in its board of directors as part of a leadership transition. As a result of his impending retirement from the board of directors in 2026, Timothy B.
Earnings Estimates Moving Higher for Northwest Bancshares (NWBI): Time to Buy?
Northwest Bancshares (NWBI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Northwest Bancshares: A Great Income Name, Near 7% Yield
Q1 earnings for Northwest Bancshares, Inc. were strong, with revenues up 19% and net income increasing by $14 million, driven by margin expansion and lower credit loss provisions. The bank's asset quality remains robust, with improvements in nonperforming loans and assets, despite a slight increase in the allowance for credit losses. Northwest Bancshares offers a near 7% dividend yield and projects 20% commercial loan growth, making it an attractive income investment amid market volatility.
Northwest Bancshares, Inc. (NWBI) Q1 2025 Results Conference Call Transcript
Northwest Bancshares, Inc. (NASDAQ:NWBI ) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Michael Perry - Managing Director, Corporate Strategy and Development and Investor Relations Louis Torchio - President and CEO Doug Schosser - Chief Financial Officer Thomas Creal - Chief Credit Officer Sean Morrow - Treasurer Conference Call Participants Tim Switzer - KBW Daniel Tamayo - Raymond James Matthew Breese - Stephens, Inc. Manuel Navas - D. A. Davidson Operator Thank you for standing by.
Northwest Bancshares (NWBI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Northwest Bancshares (NWBI) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Northwest Bancshares (NWBI) Surpasses Q1 Earnings and Revenue Estimates
Northwest Bancshares (NWBI) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.23 per share a year ago.
Northwest Bancshares, Inc. Announces First Quarter 2025 net income of $43 million, or $0.34 per diluted share
Net interest margin expands 45 basis points to 3.87% our 4th consecutive quarter of improved margin All regulatory and shareholder approvals received for Penns Woods merger Total revenue grew 19% from first quarter 2024 3rd consecutive quarter of reduced costs of funds Credit quality remains stable with nonperforming assets at 0.52% of total assets COLUMBUS, Ohio , April 28, 2025 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (Nasdaq: NWBI) announced net income for the quarter ended March 31, 2025 of $43 million, or $0.34 per diluted share. This represents an increase of $14 million compared to the same quarter last year, when net income was $29 million, or $0.23 per diluted share, and an increase of $11 million compared to the prior quarter, when net income was $33 million, or $0.26 per diluted share.
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Northwest Bancshares, Inc. (NASDAQ: NWBI)
NEW YORK , April 8, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Northwest Bancshares, Inc. (NASDAQ: NWBI) on behalf of the company's shareholders. The investigation seeks to determine whether Northwest Bancshares's directors breached their fiduciary duties in connection with recent corporate actions.
Northwest Bancshares, Inc. Announces First Quarter 2025 Earnings Call Details
COLUMBUS, Ohio , April 7, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. (Nasdaq: NWBI) will host a conference call to review first quarter 2025 financial results on Tuesday, April 29 at 9:00 a.m. (EDT). The financial results and supporting financial data are scheduled to be released after market close on Monday, April 28.
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Northwest Bancshares, Inc. (NASDAQ: NWBI)
NEW YORK , March 19, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Northwest Bancshares, Inc. (NASDAQ: NWBI) on behalf of the company's shareholders. The investigation seeks to determine whether Northwest Bancshares's directors breached their fiduciary duties in connection with recent corporate actions.
Northwest Bancshares: Continue To Own For Juicy Income
We continue to recommend holding Northwest Bancshares, Inc. for its over 6% dividend yield, despite mixed asset quality and return metrics. Q4 earnings showed strong revenue growth and net income increase, with EPS beating estimates by $0.02, though credit loss provisions rose. Loans remained flat while deposits grew, and the net interest margin improved to 3.42%, reflecting positive trends in margins and deposit growth.
Northwest Bancshares, Inc. (NWBI) Q4 2024 Earnings Call Transcript
Northwest Bancshares, Inc. (NASDAQ:NWBI ) Q4 2024 Earnings Conference Call January 24, 2025 10:00 AM ET Company Participants Michael Perry - Managing Director, Corporate Strategy and Development and Investor Relations Louis Torchio - President and CEO Doug Schosser - Chief Financial Officer Thomas Creal - Chief Credit Officer Conference Call Participants Tim Switzer - KBW Daniel Tamayo - Raymond James Matthew Breese - Stephens, Inc. Daniel Cardenas - Janney Montgomery Scott Operator Good morning, thank you for joining us, and welcome to Northwest Bancshares Fourth Quarter 2024 Earnings Call. This session is being recorded, and a playback will be available on our Investor Relations website.
