Company: NWBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001471265-25-000137
Chunk: 5

Company: Northwest Bancshares, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 5
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 — (25,468)— (25,468)Ending balance at June 30, 2024127,307,997 $1,273 1,027,703 657,706 (130,084)1,556,598 

See accompanying notes to unaudited Consolidated Financial Statements.

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Table of Contents

NORTHWEST BANCSHARES, INC.

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited)

(in thousands, expect share data)

Additional paid-in capitalRetained earningsAccumulatedother comprehensive income/(loss)Total shareholders’ equity Common stockSix months ended June 30, 2025SharesAmountBeginning balance at December 31, 2024127,508,003 $1,275 1,033,385 673,110 (110,914)1,596,856 Comprehensive income:      Net income— — — 77,133 — 77,133 Other comprehensive income, net of tax of ($4,911)— — — — 15,040 15,040 Total comprehensive income— — — 77,133 15,040 92,173 Exercise of stock options65,134 — 586 — — 586 Stock-based compensation expense291,738 3 3,644 — — 3,647 Common shares returned (1)(22,472)— — — — — Dividends paid ($0.40 per share)— — — (51,194)— (51,194)Ending balance at June 30, 2025127,842,403 $1,278 1,037,615 699,049 (95,874)1,642,068 

(1) includes shares withheld for taxes and forfeitures 

Additional paid-in capitalRetained earningsAccumulatedother comprehensive income/(loss)Total shareholders’ equity Common stockSix months ended June 30, 2024SharesAmountBeginning balance at December 31, 2023127,110,453 $1,271 1,024,852 674,686 (149,492)1,551,317 Comprehensive income:      Net income— — — 33,910 — 33,910