secwatch.observer — SEC 8-K summary
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Issuer:     Northwest Bancshares, Inc. (NWBI)
CIK:        0001471265
Form:       8-K
Filed at:   2021-10-25T23:59:59+00:00
Accession:  0001471265-21-000139
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NWBI Q3 2021 net income $35.1M ($0.27 EPS) down 7.9% YoY; declares $0.20 dividend
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- Net income $35.1M, diluted EPS $0.27 vs $38.1M, $0.30 in Q3 2020.
- Net interest income fell 4.9% to $98.4M; net interest margin 2.97% vs 3.26%.
- Provision for credit losses became a $4.4M credit, reversing $6.8M expense YoY.
- Noninterest income down 20.4% to $29.2M, driven by mortgage banking decline of $7.1M.
- Quarterly dividend $0.20/share, payable Nov 15, 2021; 108th consecutive quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1471265/000147126521000139/0001471265-21-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1471265/000147126521000139/nwbi-20211025.htm
  HTML page:      https://secwatch.observer/filing/0001471265-21-000139

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer