Company: NWBI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001471265-25-000161
Chunk: 3

Company: Northwest Bancshares, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 3
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Net income$3,167 33,618 80,300 67,528 Basic earnings per share$0.02 0.26 0.61 0.53 Diluted earnings per share$0.02 0.26 0.61 0.53 

 See accompanying notes to unaudited Consolidated Financial Statements.

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NORTHWEST BANCSHARES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)

(in thousands)

Quarter ended September 30,Nine months ended September 30, 2025202420252024Net income$3,167 33,618 80,300 67,528 Other comprehensive income net of tax:    Net unrealized holding gains/(losses) on marketable securities:    Unrealized holding gains/(losses), net of tax of ($2,826), ($8,980), ($8,489), and ($7,054), respectively8,820 27,947 26,108 18,858 Reclassification adjustment for losses included in net income, net of tax of ($13), $0, ($13), and ($7,706) respectively44 — 45 26,789 Net unrealized holding gains/(losses) on marketable securities8,864 27,947 26,153 45,647 Change in fair value of interest rate swaps, net of tax of  $32, $1,068, $655, and  $342, respectively(84)(3,654)(1,995)(1,170)Defined benefit plan:    Actuarial reclassification adjustments for prior period service costs and actuarial gains included in net income, net of tax of $64, $148, $191, and $442, respectively(168)(387)(506)(1,163)Other comprehensive income8,612 23,906 23,652 43,314 Total comprehensive income$11,779 57,524 103,952 110,842 

See accompanying notes to unaudited Consolidated Financial Statements.

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NORTHWEST BANCSHARES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited)

(in thousands,