Company: NWBI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001471265-25-000161
Chunk: 1

Company: Northwest Bancshares, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 1
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,042 Accrued interest payable10,555 6,935 Other liabilities183,560 173,134 Total liabilities14,525,273 12,811,368 Shareholders’ equity:  Preferred stock, $0.01 par value: 50,000,000 authorized, no shares issued— — Common stock, $0.01 par value: 500,000,000 shares authorized, 146,097,057 and 127,508,003 shares                                      issued and outstanding, respectively1,461 1,275 Additional paid-in capital1,268,694 1,033,385 Retained earnings672,843 673,110 Accumulated other comprehensive loss(87,262)(110,914)Total shareholders’ equity1,855,736 1,596,856 Total liabilities and shareholders’ equity$16,381,009 14,408,224 

See accompanying notes to unaudited Consolidated Financial Statements.

1

Table of Contents

NORTHWEST BANCSHARES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

(in thousands, except share data) 

Quarter ended September 30,Nine months ended September 30, 2025202420252024Interest income:    Loans receivable$177,723 156,413 497,275 459,938 Mortgage-backed securities12,668 10,908 36,552 28,278 Taxable investment securities1,183 842 3,115 2,364 Tax-free investment securities752 512 1,776 1,460 FHLB stock dividends652 394 1,336 1,499 Interest-earning deposits1,700 2,312 6,789 4,935 Total interest income194,678 171,381 546,843 498,474 Interest expense:    Deposits51,880 54,198 146,031 154,638 Borrowed funds6,824 5,881 17,576 22,455 Total interest expense58,704 60,079 163,607 177,093 Net interest income135,974 111,302 383,236 321,381 Provision for credit losses - loans31,394 5,727 51