---
schema_version: "secwatch.filing_event.v1"
accession: "0001471265-24-000106"
form_type: "8-K"
ticker: "NWBI"
cik: "0001471265"
company_name: "Northwest Bancshares, Inc."
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T18:00:02.490130+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NWBI Q2 GAAP EPS $0.04 on $39M securities loss; adjusted EPS $0.27

## Summary
- GAAP net income $5M ($0.04/diluted) vs $33M ($0.26) in Q2 2023; adjusted net operating income $35M ($0.27), up from $34M.
- Completed balance sheet restructure: sold $276M securities at $39M pre-tax loss; reinvested $258M into securities yielding +420 bps.
- Net interest margin expanded 10 bps to 3.20%; credit quality remains strong.
- Board declared $0.20 quarterly dividend (119th consecutive), payable Aug 14 to holders of record Aug 2; ~6.9% annualized yield.
- CEO highlights strong commercial loan growth, especially C&I, with restructuring execution surpassing initial projections.

## SEC filing metadata
- accession: 0001471265-24-000106
- form_type: 8-K
- ticker: NWBI
- cik: 0001471265
- company_name: Northwest Bancshares, Inc.
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1471265/000147126524000106/0001471265-24-000106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471265/000147126524000106/nwbi-20240723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001471265-24-000106
- JSON: https://secwatch.observer/filing/0001471265-24-000106.json
- Plain text: https://secwatch.observer/filing/0001471265-24-000106.txt

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