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Northwest Bancshares (NWBI)
NASDAQ:NWBI
Earnings Data
Report Date
Jul 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.27Last Year’s EPS
0.27Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: 8.66%
|Next Earnings Date:Jul 28, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance in the first quarter of 2025, with record earnings, strategic growth in commercial lending, and successful merger progress. However, the decrease in non-interest income and economic uncertainties present challenges moving forward.Company Guidance
During Northwest Bancshares Inc.'s First Quarter 2025 Earnings Conference Call, the company reported strong financial performance with $156 million in revenue and a net income of $43 million, a 48% increase from the same quarter last year. Earnings per diluted share rose to $0.34 from $0.23 in the first quarter of 2024. The firm achieved a 20% increase in average commercial C&I loans over the last year and improved its net interest margin by 45 basis points to 3.87%. The cost of deposits was reduced to 1.59%, remaining competitive among peers. The company declared a dividend of $0.20 per share, maintaining a 121-quarter streak. Northwest expects its margin to perform at the high end of its outlook range, assuming one to three Federal Reserve rate cuts later in the year. The company also announced progress on its merger with Penns Woods Bancorp, scheduled to close by late July, which will position Northwest among the top 100 U.S. banks by asset size. Despite market volatility, Northwest remains focused on execution, cost control, and risk management to sustain growth.Record Earnings and Revenue Growth
Northwest Bancshares delivered $156 million in revenue and a net income of $43 million, marking a 48% increase compared to the same quarter last year. This is a record for earnings in a first quarter for Northwest Bancshares.
Strategic Shift Towards Commercial Lending
There was a 20% increase in average commercial C&I loans over the last year, reflecting a strategic shift towards commercial lending.
Improved Financial Metrics
The net interest margin expanded by 45 basis points to 3.87%, and the efficiency ratio improved to 57.7% from 59.6% in the prior quarter.
Successful Merger Approval
Regulatory approvals were received for the merger with Penns Woods Bancorp, with the merger expected to close by late July 2025.
Stable and Growing Deposit Base
Total deposits increased by $60 million quarter-over-quarter and grew 1.7% versus the first quarter of 2024, with a cost of deposits at 1.59%.
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NWBI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NWBI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2025 | $11.66 | $12.33 | +5.75% |
Jan 24, 2025 | $12.77 | $12.78 | +0.08% |
Oct 29, 2024 | $12.88 | $12.87 | -0.08% |
Jul 23, 2024 | $12.54 | $13.11 | +4.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Northwest Bancshares (NWBI) report earnings?
Northwest Bancshares (NWBI) is schdueled to report earning on Jul 28, 2025, TBA Not Confirmed.
What is Northwest Bancshares (NWBI) earnings time?
Northwest Bancshares (NWBI) earnings time is at Jul 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NWBI EPS forecast?
NWBI EPS forecast for the fiscal quarter 2025 (Q2) is 0.27.
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