Northwest Bancshares, Inc. income statement
In fiscal 2025, Northwest Bancshares, Inc. reported revenue of $655m, up 25.3% on the year before and net income of $126m, or $0.92 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 282 | 318 | 325 | 321 | 318 | 320 | 332 | 393 | 441 | 430 | 460 | 524 | 534 | 532 | 550 | 523 | 655 | 704 |
| General and administrative | 13 | 14 | 13 | 13 | 14 | 12 | 12 | 15 | 16 | 14 | 14 | 16 | 14 | 13 | 13 | 12 | 14 | 15 |
| Interest expense | 136 | 113 | 93 | 75 | 61 | 57 | 56 | 38 | 28 | 37 | 57 | 42 | 27 | 28 | 152 | — | — | — |
| Net interest income | 229 | 258 | 266 | 263 | 252 | 249 | 263 | 307 | 331 | 339 | 360 | 392 | 391 | 421 | 436 | 436 | 525 | 568 |
| Non-interest income | 53 | 60 | 59 | 59 | 66 | 71 | 69 | 85 | 110 | 92 | 99 | 132 | 143 | 111 | 114 | 87 | 129 | 137 |
| Non-interest expense | 200 | 197 | 200 | 205 | 207 | 216 | 234 | 308 | 286 | 276 | 296 | 347 | 349 | 330 | 352 | 369 | 436 | 455 |
| Provision for credit losses | 42 | 40 | 34 | 26 | 19 | 20 | 10 | 14 | 20 | 20 | 23 | 84 | −16 | 28 | 23 | 25 | 56 | 48 |
| Income before tax | 40 | 81 | 91 | 90 | 93 | 84 | 89 | 71 | 136 | 134 | 141 | 93 | 201 | 174 | 175 | 130 | 163 | 199 |
| Income tax | 7 | 24 | 27 | 26 | 26 | 22 | 28 | 22 | 41 | 28 | 31 | 18 | 47 | 40 | 40 | 29 | 37 | 46 |
| Net income | 33 | 58 | 64 | 63 | 67 | 62 | 61 | 50 | 94 | 105 | 110 | 75 | 154 | 134 | 135 | 100 | 126 | 153 |
| Diluted EPS | $0.30 | $0.53 | $0.64 | $0.67 | $0.73 | $0.67 | $0.64 | $0.49 | $0.92 | $1.02 | $1.04 | $0.62 | $1.21 | $1.05 | $1.06 | $0.79 | $0.92 | — |
| Diluted shares (average) | 109m | 109m | 100m | 94m | 91m | 92m | 95m | 101m | 103m | 104m | 106m | 120m | 127m | 127m | 127m | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | 154 | 156 | 150 | 168 | 180 | 175 | 181 |
| General and administrative | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
| Net interest income | 111 | 114 | 128 | 119 | 136 | 142 | 142 | 147 |
| Non-interest income | 28 | 40 | 28 | 31 | 32 | 38 | 33 | 34 |
| Non-interest expense | 91 | 95 | 92 | 98 | 133 | 114 | 104 | 104 |
| Provision for credit losses | 6 | 17 | 8 | 11 | 31 | 8 | 4 | 4 |
| Income before tax | 43 | 42 | 57 | 44 | 3 | 59 | 67 | 70 |
| Income tax | 10 | 10 | 13 | 10 | 0 | 13 | 16 | 17 |
| Net income | 34 | 33 | 43 | 34 | 3 | 46 | 51 | 54 |
| Diluted EPS | $0.26 | $0.26 | $0.34 | $0.26 | $0.02 | $0.31 | $0.34 | $0.36 |
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