Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 249

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7
Chunk 249
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 22,874 28,315 Net interest income after provision for credit losses411,073 412,809 392,366 Noninterest income87,010 113,823 110,849 Noninterest expense368,537 351,554 329,523 Income before income taxes129,546 175,078 173,692 Income tax expense29,268 40,121 40,026 Net income$100,278 134,957 133,666 Earnings per share: Basic$0.79 1.06 1.05 Diluted$0.79 1.06 1.05 

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Table of Contents

 At or for the year ended December 31, 202420232022Selected Financial Ratios and Other Data:   Return on average assets (1), (5), (6), (7)0.70 %0.95 %0.94 %Return on average equity (2), (5), (6), (7)6.41 %8.94 %8.80 %Average capital to average assets10.87 %10.58 %10.71 %Capital to total assets11.08 %10.76 %10.57 %Tangible common equity to tangible assets (8)8.65 %8.30 %8.03 %Net interest rate spread (3) 2.66 %2.86 %3.11 %Net interest margin (4) 3.26 %3.28 %3.20 %Noninterest expense to average assets (5), (6), (7)2.56 %2.46 %2.32 %Efficiency ratio (5), (6), (7)70.52 %63.98 %62.00 %Noninterest income to average assets0.60 %0.80 %0.78 %Net interest income to noninterest expense (5), (6), (7)1.18x1.24x1.28xDividend payout ratio101.27 %75.47 %76.19 %Nonperforming loans to net loans receivable0.56 %0.86 %0.76 %Nonperforming assets to total assets0.54 %