---
schema_version: "secwatch.filing_event.v1"
accession: "0001471265-23-000067"
form_type: "8-K"
ticker: "NWBI"
cik: "0001471265"
company_name: "Northwest Bancshares, Inc."
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T18:47:22.113940+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Northwest Bancshares Q1 net income $33.7M, up 19% YoY; declares $0.20 dividend

## Summary
- Net income $33.7M ($0.26 diluted EPS) vs $28.3M ($0.22) prior year; increase of 19.1%.
- Net interest margin 3.47% (down 10 bps from prior quarter); loan growth $171.8M (1.6%).
- Dividend declared $0.20/share, payable May 15 to record May 4; 114th consecutive quarter; yield ~6.7%.
- Asset quality improved: NPAs $79.8M; classified loans $208.6M, down 34.8% YoY.
- Uninsured deposits only 13.6% of total; available liquidity $3.6B; deposit granularity with avg balance ~$16K.

## SEC filing metadata
- accession: 0001471265-23-000067
- form_type: 8-K
- ticker: NWBI
- cik: 0001471265
- company_name: Northwest Bancshares, Inc.
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1471265/000147126523000067/0001471265-23-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471265/000147126523000067/nwbi-20230424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001471265-23-000067
- JSON: https://secwatch.observer/filing/0001471265-23-000067.json
- Plain text: https://secwatch.observer/filing/0001471265-23-000067.txt

## Key facts
- Earnings Releases
  Northwest Bancshares, Inc. reported the quarter ended March 31, 2023 results: net income $33.7 million, EPS $0.26 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Net income: $33.7 million
  - EPS: $0.26 per diluted share
  - Result: reported results
  source text: Northwest Bancshares, Inc., (the “Company”), (NasdaqGS: NWBI) announced net income for the quarter ended March 31, 2023 of $33.7 million, or $0.26 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1471265/000147126523000067/0001471265-23-000067-index.htm

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