Highest-materiality recent filing
NWBI shareholders approve 2026 equity plans, elect directors at annual meeting
Shareholders approved 2026 Equity Incentive Plan (96.4% of votes cast in favor).
NW Bancshares Q1 net income $51M (+16% YoY); declares $0.20 dividend; new $50M buyback
GAAP net income of $51M ($0.34 diluted EPS) vs $43M ($0.34) in Q1 2025; adjusted EPS $0.35.
Northwest Bancshares Q4 net income $46M ($0.31 diluted EPS); revenue record $180M
Net income $46M ($0.31 diluted EPS), up from $33M ($0.26) a year ago; adjusted net income $49M ($0.33).
GAAP net income $3M ($0.02/diluted share), down from $34M ($0.26) in Q2 2025 and Q3 2024.
Northwest Bancshares Q2 net income $34M, EPS $0.26; classified loans jump to 4.57% of portfolio
GAAP net income $34M ($0.26 diluted EPS) vs $5M ($0.04) YoY; adjusted net income $38M ($0.30).
Northwest Bancshares completes acquisition of Penns Woods Bancorp
Each Penns Woods share converted into 2.385 shares of NWBI common stock; fractional shares paid in cash.
Northwest Bancshares appoints Timothy M. Hunter as Non-Executive Chairman
Timothy B. Fannin stepped down as Board Chair; Hunter succeeds him effective May 12, 2025.
Net income of $43M ($0.34 diluted EPS) vs $29M ($0.23) in Q1 2024; adjusted EPS $0.35.
Northwest Bancshares receives all regulatory and shareholder approvals for Penns Woods merger
Received FDIC, Pennsylvania Department of Banking and Securities, and Federal Reserve Bank of Cleveland approvals.
Four director nominees elected: Campana (83.8M for), Fannin (81.9M), Meegan (78.1M), Paup (85.3M); broker non-votes 14.7M.
NWBI Q4 net income rises to $33M; NIM 3.42%; declares $0.20 dividend; Penns Woods deal
Net income of $33M ($0.26 diluted EPS) vs $29M ($0.23) in Q4 2023; adjusted net income $35M ($0.27).
Northwest Bancshares to acquire Penns Woods Bancorp in all-stock deal at 2.385x exchange ratio
Exchange ratio: 2.385 shares of NWBI common stock for each PWOD share.
Northwest Bancshares to acquire Penns Woods Bancorp in all-stock deal valued ~$270M
All-stock acquisition of Penns Woods Bancorp for ~$270.4M; exchange ratio 2.385 NWBI shares per PWOD share.
NWBI amends CEO/CFO employment agreements, grants $2M RSU retention award to CEO
On Nov 20, Compensation Committee approved amended agreements for CEO Louis Torchio and CFO Douglas Schosser.
Northwest Bancshares Q3 net income $34M ($0.26 EPS), NIM expands to 3.33%, dividend $0.20
Net income $34M vs $39M YoY; prior quarter (Q2) was $5M due to $39M securities loss.
Northwest Bancshares to release Q3 2024 results on October 29, 2024
Q3 2024 results to be released Oct 29, 2024 at 7:30 a.m. EDT; conference call at 9:00 a.m. EDT.
Northwest Bank appoints Joseph Canfield as Chief Accounting Officer
Joseph Canfield named CAO of Northwest Bank, replacing Jeffrey J. Maddigan who remains Corporate Treasurer.
NWBI Q2 GAAP EPS $0.04 on $39M securities loss; adjusted EPS $0.27
GAAP net income $5M ($0.04/diluted) vs $33M ($0.26) in Q2 2023; adjusted net operating income $35M ($0.27), up from $34M.
Northwest Bancshares sets Q2 2024 earnings call for July 23
Press release issued July 12 announcing Q2 2024 results release and conference call.
NWBI: SEVP Golding departs with $1.6M severance; Urich Bowers named Chief Consumer Banking Officer
John J. Golding, SEVP Chief Consumer Banking Officer, departed June 17, 2024; receives approx. $1.6M severance.
Net income $29M ($0.23 diluted EPS) vs $34M ($0.26) in prior year, down 13%.
Northwest Bancshares shareholders elect directors, ratify auditor, approve say-on-pay
All four director nominees elected: Chadsey (82.6M for, 3.8M withheld), Davis (75.7M for, 10.8M withheld), Hunter (82.1M for, 4.3M withheld), Tullio (84.1M for, 2.3M withheld).
On August 5, 2024, Northwest Bank, the wholly-owned subsidiary of Northwest Bancshares, Inc. (the “Company”), appointed Joseph Canfield as Chief Accounting Officer.
On June 17, 2024, Northwest Bancshares, Inc. (the “Company”) announced the departure of John J. Golding, Senior Executive Vice President, Chief Consumer Banking Officer, effective June 17, 2024.
Max materiality 0.90 · Median 0.68 · Most common event earnings