---
schema_version: "secwatch.filing_event.v1"
accession: "0001471265-23-000002"
form_type: "8-K"
ticker: "NWBI"
cik: "0001471265"
company_name: "Northwest Bancshares, Inc."
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:41:56.708183+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Q4 net income $34.6M ($0.27 EPS), up 15.3% YoY; dividend $0.20/share

## Summary
- Net income $34.6M vs $30.1M YoY; diluted EPS $0.27 vs $0.24.
- Net interest margin expanded to 3.57% from 2.89% YoY; net interest income up 21.1% to $117M.
- Organic loan growth $178.9M (1.7%) in Q4; classified loans fell 34.9% to $236.2M.
- Restructuring: workforce reduction ~12% with $4.2M severance in Q4, additional $3.2M in Q1 2023; annual savings ~$16M.
- Quarterly dividend $0.20 per share, payable Feb 14, 2023 to holders of record Feb 2, 2023.

## SEC filing metadata
- accession: 0001471265-23-000002
- form_type: 8-K
- ticker: NWBI
- cik: 0001471265
- company_name: Northwest Bancshares, Inc.
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1471265/000147126523000002/0001471265-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471265/000147126523000002/nwbi-20230123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001471265-23-000002
- JSON: https://secwatch.observer/filing/0001471265-23-000002.json
- Plain text: https://secwatch.observer/filing/0001471265-23-000002.txt

## Key facts
- Earnings Releases
  Northwest Bancshares, Inc. reported the quarter ended December 31, 2022 results: net income $34.6 million, EPS $0.27 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Net income: $34.6 million
  - EPS: $0.27 per diluted share
  - Result: reported results
  source text: Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended December 31, 2022 of $34.6 million, or $0.27 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1471265/000147126523000002/0001471265-23-000002-index.htm

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