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Financials · NWBI

Northwest Bancshares Inc. (NWBI) financials

For the twelve months ended Sep 30, 2026, Northwest Bancshares Inc. reported $721.05M of revenue and $200.51M of net income.

Revenue, TTM
$721.05M
Revenue growth, YoY
+14.6%
Net income, TTM
$200.51M
Net income growth, YoY
+77.4%
Net margin
27.8%
Free cash flow, TTM
$118.24M
Cash
$223.31M
P/E
11.21
P/S
3.12
Market cap
$2.25B
Annual revenue$654.67M
FY2016FY2025
Annual net income$126.01M
FY2016FY2025
Annual free cash flow$141.78M
FY2016FY2025

NWBI revenue and earnings growth

NWBI revenueQ3 2026$184.88M

Quarter YoY
+9.9%
QoQ
+2.0%
FY YoY
+25.3%
5Y CAGR
+4.6%
10Y CAGR
+7.0%

NWBI revenue was $184.88M in fiscal Q3 2026 (ended Sep 30, 2026), up 9.9% from a year earlier and up 2.0% from the prior quarter. For the full fiscal 2025 it was $654.67M, up 25.3% from fiscal 2024. Compound annual growth was +4.6% over 5 years and +7.0% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

NWBI net incomeQ3 2026$50.72M

Quarter YoY
16x
QoQ
-5.3%
FY YoY
+25.7%
5Y CAGR
+11.0%
10Y CAGR
+7.6%

NWBI net income was $50.72M in fiscal Q3 2026 (ended Sep 30, 2026), up about 16-fold from a year earlier and down 5.3% from the prior quarter. For the full fiscal 2025 it was $126.01M, up 25.7% from fiscal 2024. Compound annual growth was +11.0% over 5 years and +7.6% over 10 years. It rose in 6 of the last 10 fiscal years.

NWBI EPSQ3 2026$0.34

Quarter YoY
17x
QoQ
-5.6%
FY YoY
+16.5%
5Y CAGR
+8.2%
10Y CAGR
+3.7%

NWBI diluted EPS was $0.34 in fiscal Q3 2026 (ended Sep 30, 2026), up about 17-fold from a year earlier and down 5.6% from the prior quarter. For the full fiscal 2025 it was $0.92, up 16.5% from fiscal 2024. Compound annual growth was +8.2% over 5 years and +3.7% over 10 years.

NWBI free cash flowQ3 2026$18.89M

Quarter YoY
-50.7%
QoQ
-27.7%
FY YoY
+13.1%
5Y CAGR
+2.0%
10Y CAGR
+3.6%

NWBI free cash flow was $18.89M in fiscal Q3 2026 (ended Sep 30, 2026), down 50.7% from a year earlier and down 27.7% from the prior quarter. For the full fiscal 2025 it was $141.78M, up 13.1% from fiscal 2024. Compound annual growth was +2.0% over 5 years and +3.6% over 10 years. It rose in 6 of the last 10 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$654.67M$522.59M$549.51M$531.53M$534.15M$523.99M$459.87M$430.34M$441.26M$392.69M
Selling, general and admin$13.60M$12.43M$12.96M$13.32M$13.77M$15.73M$14.13M$14.14M$16.34M$14.90M
Interest expense--$152.24M$28.12M$27.25M$42.34M$56.91M$37.14M$28.07M$38.30M
Pre-tax income$162.79M$129.55M$175.08M$173.69M$201.12M$92.53M$141.11M$133.91M$135.91M$71.31M
Income tax$36.78M$29.27M$40.12M$40.03M$46.80M$17.67M$30.68M$28.42M$41.44M$21.65M
Net income$126.01M$100.28M$134.96M$133.67M$154.32M$74.85M$110.43M$105.49M$94.47M$49.67M
EPS, basic$0.93$0.79$1.06$1.05$1.22$0.62$1.05$1.03$0.94$0.50
EPS, diluted$0.92$0.79$1.06$1.05$1.21$0.62$1.04$1.02$0.92$0.49
Diluted shares--127.0M126.7M127.0M120.2M105.8M103.6M102.6M100.7M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$233.65M$288.38M$122.26M$139.37M$1.28B$736.28M$60.85M$68.79M$77.71M$389.87M
Goodwill$444.33M$381.00M$381.00M$381.00M$381.00M$382.28M$346.10M$307.42M$307.42M$307.42M
Total assets$16.77B$14.41B$14.42B$14.11B$14.50B$13.81B$10.49B$9.61B$9.36B$9.62B
Short-term debt-$200.33M$398.89M$681.17M$139.09M$159.72M$246.34M$234.39M--
Total liabilities$14.88B$12.81B$12.87B$12.62B$12.92B$12.27B$9.14B$8.35B$8.16B$8.45B
Shareholders' equity$1.89B$1.60B$1.55B$1.49B$1.58B$1.54B$1.35B$1.26B$1.21B$1.17B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$153.41M$127.67M$92.89M$175.43M$205.46M$140.44M$127.46M$138.91M$151.80M$135.71M
Capital expenditures$11.63M$2.31M$8.56M$4.32M$17.52M$12.25M$10.90M$5.23M$3.72M$15.23M
Free cash flow$141.78M$125.36M$84.33M$171.11M$187.94M$128.18M$116.56M$133.68M$148.08M$120.48M
Investing cash flow-$127.35M$174.97M-$239.68M-$917.42M-$232.97M-$560.58M-$300.59M-$281.91M-$104.04M$1.15B
Financing cash flow-$80.79M-$136.52M$129.69M-$397.90M$570.49M$1.10B$165.19M$134.08M-$359.92M-$1.06B
Dividends paid$109.91M$101.85M$101.67M$101.47M$100.27M$93.13M$76.17M$69.92M$65.21M$60.16M
Share repurchases--$0$0$23.85M$9.28M$0$0$0$1.75M
Stock-based compensation$6.12M$6.08M$4.58M$4.07M$4.74M$4.24M$6.84M$7.02M$4.89M$10.92M
Depreciation and amortization$12.00M$11.00M$12.00M$12.00M$12.10M$11.90M$11.70M$12.10M$12.40M$13.70M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY25.3%-4.9%3.4%-0.5%1.9%13.9%6.9%-2.5%12.4%18.2%
Net income growth, YoY25.7%-25.7%1.0%-13.4%106.2%-32.2%4.7%11.7%90.2%-18.0%
EPS growth, YoY16.5%-25.5%1.0%-13.2%95.2%-40.4%2.0%10.9%87.8%-23.4%
Net margin19.2%19.2%24.6%25.1%28.9%14.3%24.0%24.5%21.4%12.6%
Free cash flow margin21.7%24.0%15.3%32.2%35.2%24.5%25.3%31.1%33.6%30.7%
Return on equity6.7%6.3%8.7%9.0%9.7%4.9%8.2%8.4%7.8%4.2%
Return on assets0.8%0.7%0.9%0.9%1.1%0.5%1.1%1.1%1.0%0.5%

Source: XBRL data Northwest Bancshares Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

NWBI peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
NWBI$721.05M+14.6%$200.51M27.8%$2.25B
JPM$203.15B+13.2%$65.98B32.5%$908.40B
BAC$120.16B+5.4%$32.24B26.8%$349.70B
WFC$87.23B+5.4%$22.97B26.3%$257.44B
C$85.22B+5.6%$14.31B16.8%$202.38B
UBS$49.57B+2.0%$7.80B15.7%$152.60B
MFG¥8.79T+7.6%¥1.16T13.2%$123.62B
COF$63.01B+31.2%$10.87B17.2%$117.80B
BNSC$37.74B+12.1%C$7.79B20.6%$113.63B

NWBI FAQ

7 questions
  • What is NWBI revenue?
    Northwest Bancshares Inc. (NWBI) reported $721.05M of revenue for the twelve months ended Sep 30, 2026. That is up 14.6% from the year before. Revenue for fiscal 2025 was $654.67M.
  • Is NWBI profitable?
    Yes. Northwest Bancshares Inc. earned $200.51M in net income for the twelve months ended Sep 30, 2026, a net margin of 27.8%.
  • How much cash and debt does NWBI have?
    Northwest Bancshares Inc. reported $223.31M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is NWBI revenue growing?
    Northwest Bancshares Inc.'s revenue changed +25.3% in fiscal 2025, to $654.67M. Its compound annual growth rate was +4.6% over 5 years and +7.0% over 10 years.
  • What is NWBI free cash flow?
    Northwest Bancshares Inc. generated $118.24M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $138.45M less capital expenditures.
  • When did NWBI last report financial results?
    The latest statements here come from Northwest Bancshares Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this NWBI financial data come from?
    Quantisnow builds these statements from the structured XBRL data Northwest Bancshares Inc. files with the SEC. It is provided for information only and is not investment advice.