earnings
confidence high
sentiment positive
materiality 0.75
NW Bancshares Q1 net income $51M (+16% YoY); declares $0.20 dividend; new $50M buyback
Northwest Bancshares, Inc.
2026-Q1 EPS reported
$0.34
- GAAP net income of $51M ($0.34 diluted EPS) vs $43M ($0.34) in Q1 2025; adjusted EPS $0.35.
- Net interest margin expanded to 3.70% from 3.69% in Q4 2025; average C&I loans up 28% YoY.
- Total provision for credit losses fell to $4.4M from $7.9M in Q1 2025; net charge-offs 0.16% annualized.
- Board declared $0.20 per share cash dividend payable May 20, 2026 to holders of record May 7, 2026.
- New $50M share repurchase program authorized over 24 months, replacing prior 2012 program.