---
schema_version: "secwatch.filing_event.v1"
accession: "0001471265-23-000118"
form_type: "8-K"
ticker: "NWBI"
cik: "0001471265"
company_name: "Northwest Bancshares, Inc."
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:11:30.090730+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Northwest Bancshares Q2 net income $33M ($0.26/diluted), flat YoY; declares $0.20 dividend

## Summary
- Net income $33.0M ($0.26 diluted) vs $33.4M ($0.26) in Q2 2022, down 1.1%.
- Net interest income +8.3% to $108.5M; NIM 3.28% vs 3.07% YoY but compressed from 3.47% in Q1.
- Commercial loans +42.2% YoY; sold MSRs on $1.3B loans for $8.3M gain, reallocated to higher-yielding loans.
- Quarterly dividend $0.20/share, payable Aug 14, record Aug 3; 115th consecutive quarterly dividend.
- Classified loans down 22.8% to $214.1M; delinquencies up to 0.64% from 0.49% due to two admin delinquencies now current.

## SEC filing metadata
- accession: 0001471265-23-000118
- form_type: 8-K
- ticker: NWBI
- cik: 0001471265
- company_name: Northwest Bancshares, Inc.
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1471265/000147126523000118/0001471265-23-000118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471265/000147126523000118/nwbi-20230724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001471265-23-000118
- JSON: https://secwatch.observer/filing/0001471265-23-000118.json
- Plain text: https://secwatch.observer/filing/0001471265-23-000118.txt

## Key facts
- Earnings Releases
  Northwest Bancshares, Inc. reported the quarter ended June 30, 2023 results: net income $33.0 million, EPS $0.26 per diluted share.
  - Period: the quarter ended June 30, 2023
  - Net income: $33.0 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 June 30, 2023 of $33.0 million, or $0.26 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1471265/000147126523000118/0001471265-23-000118-index.htm

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