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.
Northwest Bancshares (NWBI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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.
![]() NWBI In 1 month Estimated | Quarterly | $0.2 Per Share |
![]() NWBI 1 month ago Paid | Quarterly | $0.2 Per Share |
![]() NWBI 4 months ago Paid | Quarterly | $0.2 Per Share |
![]() NWBI 7 months ago Paid | Quarterly | $0.2 Per Share |
![]() NWBI 10 months ago Paid | Quarterly | $0.2 Per Share |
![]() NWBI 1 May 2024 Paid | Quarterly | $0.2 Per Share |
21 Jul 2025 (41 Days) Date | | - Cons. EPS | - EPS |
21 Apr 2025 Date | | - Cons. EPS | - EPS |
20 Jan 2025 Date | | 0.25 Cons. EPS | 0.27 EPS |
29 Oct 2024 Date | | 0.26 Cons. EPS | 0.26 EPS |
21 Oct 2024 Date | | 0.26 Cons. EPS | - EPS |
![]() NWBI In 1 month Estimated | Quarterly | $0.2 Per Share |
![]() NWBI 1 month ago Paid | Quarterly | $0.2 Per Share |
![]() NWBI 4 months ago Paid | Quarterly | $0.2 Per Share |
![]() NWBI 7 months ago Paid | Quarterly | $0.2 Per Share |
![]() NWBI 10 months ago Paid | Quarterly | $0.2 Per Share |
![]() NWBI 1 May 2024 Paid | Quarterly | $0.2 Per Share |
21 Jul 2025 (41 Days) Date | | - Cons. EPS | - EPS |
21 Apr 2025 Date | | - Cons. EPS | - EPS |
20 Jan 2025 Date | | 0.25 Cons. EPS | 0.27 EPS |
29 Oct 2024 Date | | 0.26 Cons. EPS | 0.26 EPS |
21 Oct 2024 Date | | 0.26 Cons. EPS | - EPS |
Banks - Regional Industry | Financial Services Sector | Mr. Louis J. Torchio CEO | NASDAQ (NGS) Exchange | 667340103 Cusip |
US Country | 1,996 Employees | 8 May 2025 Last Dividend | 18 Dec 2009 Last Split | 8 Nov 1994 IPO Date |
Northwest Bancshares, Inc., founded in 1896, serves as the holding company for Northwest Bank, a state-chartered savings bank dedicated to offering comprehensive personal and business banking solutions. With its headquarters located in Columbus, Ohio, Northwest Bank prides itself on its deep-rooted history and commitment to serving the communities within Pennsylvania, Western New York, Eastern Ohio, and Indiana through its extensive network of community banking locations.
Northwest Bank offers a wide range of deposit services tailored to meet the needs of both personal and business banking customers. This includes checking accounts, savings accounts, money market deposit accounts, term certificate accounts, and individual retirement accounts (IRAs), all designed to provide security and growth for customers' funds.
The bank provides a diverse portfolio of loan products to cater to various customer needs. This encompasses:
Aside from traditional banking products, Northwest Bank also extends its expertise to investment management and trust services, aiming to assist customers with asset management, estate planning, and investment strategies to secure and grow their wealth.