Company: NWBI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001471265-25-000161
Chunk: 5

Company: Northwest Bancshares, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 5
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1,583 Stock-based compensation forfeited(12,457)— — — — — Dividends paid ($0.20 per share)— — — (25,479)— (25,479)Ending balance at September 30, 2024127,400,199 $1,274 1,030,384 665,845 (106,178)1,591,325 

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 stockNine months ended September 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— — — 80,300 — 80,300 Other comprehensive income, net of tax of ($7,656)— — — — 23,652 23,652 Total comprehensive income— — — 80,300 23,652 103,952 Acquisition of Penns Woods Bancorp, Inc.18,226,469 182 230,018 — — 230,200 Exercise of stock options83,316 1 762 — — 763 Stock-based compensation expense306,288 3 4,529 — — 4,532 Common shares returned (1)(27,019)— — — — — Dividends paid ($0.60 per share)— — — (80,567)— (80,567)Ending balance at September 30, 2025146,097,057 $1,461 1,268,694 672,843 (87,262)1,855,736 

(1) includes shares withheld for taxes and forfeitures 

Additional paid-in capitalRetained earningsAccumulatedother comprehensive income/(loss)Total shareholders’ equity Common stockNine months ended September 30, 2024Shares