---
schema_version: "secwatch.filing_event.v1"
accession: "0001471265-22-000003"
form_type: "8-K"
ticker: "NWBI"
cik: "0001471265"
company_name: "Northwest Bancshares, Inc."
filed_at: "2022-01-24T23:59:59+00:00"
generated_at: "2026-06-27T16:12:59.447313+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Northwest Bancshares Q4 net income falls 14.3% to $30.1M; declares $0.20 dividend

## Summary
- Net income Q4 2021: $30.1M ($0.24/sh), down from $35.1M ($0.28/sh) Q4 2020.
- Quarterly cash dividend of $0.20/sh declared, payable Feb 14, 2022, record Feb 3, 2022.
- Branch optimization: consolidating 12% of branches in Apr 2022; $2.8M severance in Q4, $3.5M expected Q1 2022, annual savings ~$8M starting Q2 2022.
- Net interest margin decreased to 2.89% from 3.26%; provision for credit losses net credit of $1.9M.
- Classified loans decreased $126.2M (25.8%) to $363.2M; non-performing assets trended downward.

## SEC filing metadata
- accession: 0001471265-22-000003
- form_type: 8-K
- ticker: NWBI
- cik: 0001471265
- company_name: Northwest Bancshares, Inc.
- filed_at: 2022-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1471265/000147126522000003/0001471265-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471265/000147126522000003/nwbi-20220124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001471265-22-000003
- JSON: https://secwatch.observer/filing/0001471265-22-000003.json
- Plain text: https://secwatch.observer/filing/0001471265-22-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.