secwatch.observer — SEC 8-K summary
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Issuer:     Northwest Bancshares, Inc. (NWBI)
CIK:        0001471265
Form:       8-K
Filed at:   2025-04-28T23:59:59+00:00
Accession:  0001471265-25-000073
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northwest Bancshares Q1 net income $43M, EPS $0.34; NIM expands to 3.87%; Penns Woods merger approved
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- Net income of $43M ($0.34 diluted EPS) vs $29M ($0.23) in Q1 2024; adjusted EPS $0.35.
- Net interest margin expanded 45 bps to 3.87%; net interest income $127.8M, up 23.8% YoY.
- Total revenue grew 19% YoY, driven by higher loan yields and lower funding costs.
- Quarterly dividend declared at $0.20/share, payable May 20, 2025 to holders of record May 8, 2025.
- All regulatory and shareholder approvals received for Penns Woods acquisition; close expected by late July 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1471265/000147126525000073/0001471265-25-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1471265/000147126525000073/nwbi-20250428.htm
  HTML page:      https://secwatch.observer/filing/0001471265-25-000073

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