---
schema_version: "secwatch.filing_event.v1"
accession: "0001471265-22-000019"
form_type: "8-K"
ticker: "NWBI"
cik: "0001471265"
company_name: "Northwest Bancshares, Inc."
filed_at: "2022-04-25T23:59:59+00:00"
generated_at: "2026-06-26T05:01:32.388071+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Northwest Bancshares Q1 net income falls 29.7% to $28.3M; declares $0.20 dividend

## Summary
- Net income $28.3M ($0.22 diluted EPS) vs $40.2M ($0.32) in Q1 2021, down 29.7%.
- Net interest income $90.6M (-9.8% YoY); net interest margin 2.75% vs 3.18%.
- Purchased $72M equipment finance pool and $138M jumbo mortgage package to deploy liquidity.
- Asset quality improved: classified loans down $147.9M; delinquency 0.74% below pre-pandemic levels.
- Board declares $0.20 quarterly dividend (110th consecutive), payable May 16, record May 5.

## SEC filing metadata
- accession: 0001471265-22-000019
- form_type: 8-K
- ticker: NWBI
- cik: 0001471265
- company_name: Northwest Bancshares, Inc.
- filed_at: 2022-04-25T23:59:59+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/1471265/000147126522000019/0001471265-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471265/000147126522000019/nwbi-20220425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001471265-22-000019
- JSON: https://secwatch.observer/filing/0001471265-22-000019.json
- Plain text: https://secwatch.observer/filing/0001471265-22-000019.txt

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