secwatch.observer — SEC 8-K summary
======================================

Issuer:     Northwest Bancshares, Inc. (NWBI)
CIK:        0001471265
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001471265-23-000134
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northwest Bancshares Q3 net income $39.2M, EPS $0.31; declares $0.20 dividend
-----------------------------------------------------------------------------

- Net income of $39.2M ($0.31 diluted EPS) vs $37.3M ($0.29) YoY, up 5.1%.
- Net interest income $108.4M, down 3.9% YoY; net interest margin 3.23% vs 3.42%.
- Commercial loan growth $480M YTD, pushing mix to 39% of total loans.
- Provision for credit losses fell $10.3M to $1.0M; classified loans down 12.2%.
- Quarterly dividend of $0.20/share payable Nov 14 to holders of record Nov 2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1471265/000147126523000134/0001471265-23-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1471265/000147126523000134/nwbi-20231023.htm
  HTML page:      https://secwatch.observer/filing/0001471265-23-000134

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer