COLUMBUS, Ohio , May 12, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. ("Northwest") (Nasdaq: NWBI), today announced a change in its board of directors as part of a leadership transition. As a result of his impending retirement from the board of directors in 2026, Timothy B.
Q1 earnings for Northwest Bancshares, Inc. were strong, with revenues up 19% and net income increasing by $14 million, driven by margin expansion and lower credit loss provisions. The bank's asset quality remains robust, with improvements in nonperforming loans and assets, despite a slight increase in the allowance for credit losses. Northwest Bancshares offers a near 7% dividend yield and proj...
Northwest Bancshares, Inc. (NASDAQ:NWBI ) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Michael Perry - Managing Director, Corporate Strategy and Development and Investor Relations Louis Torchio - President and CEO Doug Schosser - Chief Financial Officer Thomas Creal - Chief Credit Officer Sean Morrow - Treasurer Conference Call Participants Tim Switzer - KBW D...
Net interest margin expands 45 basis points to 3.87% our 4th consecutive quarter of improved margin All regulatory and shareholder approvals received for Penns Woods merger Total revenue grew 19% from first quarter 2024 3rd consecutive quarter of reduced costs of funds Credit quality remains stable with nonperforming assets at 0.52% of total assets COLUMBUS, Ohio , April 28, 2025 /PRNewswire/ -...
Completion of Merger Expected to Take Place in Late July 2025 COLUMBUS, Ohio , April 23, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. ("Northwest") (Nasdaq: NWBI) today announced that it has received all regulatory and shareholder approvals required to complete the previously announced merger of Penns Woods Bancorp, Inc. ("Penns Woods") (Nasdaq: PWOD) with and into Northwest and the merger ...
NEW YORK , April 8, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Northwest Bancshares, Inc. (NASDAQ: NWBI) on behalf of the company's shareholders. The investigation seeks to determine whether Northwest Bancshares's directors breached their fiduciary duties in connection with recent corporate actions.
COLUMBUS, Ohio , April 7, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. (Nasdaq: NWBI) will host a conference call to review first quarter 2025 financial results on Tuesday, April 29 at 9:00 a.m. (EDT). The financial results and supporting financial data are scheduled to be released after market close on Monday, April 28.
NEW YORK , March 19, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Northwest Bancshares, Inc. (NASDAQ: NWBI) on behalf of the company's shareholders. The investigation seeks to determine whether Northwest Bancshares's directors breached their fiduciary duties in connection with recent corporate actions.
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