Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 71

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 2
Chunk 71
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The provision for income taxes is primarily driven by changes in our current period income before taxes. We anticipate our effective tax rate to be between 22.0% and 24.0% for the year ending December 31, 2025. 

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GAAP to Non-GAAP Reconciliations 

The following non-GAAP financial measures used by the Company provide information useful to investors in understanding our operating performance and trends, and facilitate comparisons with the performance of our peers.  The following table summarizes the non-GAAP financial measures derived from amounts reported in the Company’s Consolidated Statements of Income. 

Quarter endedMarch 31,2025December 31,2024September 30,2024June 30,2024March 31,2024Net interest income fully tax equivalent (FTE)Net interest income (GAAP)$127,818 114,197 111,302 106,841 103,238 Plus:  Taxable-equivalent adjustment867 851 914 883 857 Net interest income FTE128,685 115,048 112,216 107,724 104,095  

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