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Northwest Bancshares Inc
F:NHS

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Northwest Bancshares Inc
F:NHS
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Price: 11.8 EUR -1.67%
Market Cap: €1.5B

Northwest Bancshares Inc
Investor Relations

Northwest Bancshares is the parent company of Northwest Bank, a regional bank that takes deposits and makes loans to households, small businesses, and commercial clients in its local markets. Its core business is plain banking: checking and savings accounts, mortgage and consumer lending, business loans, and related cash-management services for everyday customers and local companies. The company makes money mainly from the spread between the interest it earns on loans and securities and the interest it pays on customer deposits, plus fees from services such as loan origination, account activity, and other banking services. Its customers are mostly individuals, small businesses, and community organizations that want a nearby bank with branch, online, and relationship-based service. What makes Northwest different is its role as a traditional community and regional lender rather than a national consumer brand. It focuses on gathering local deposits and recycling that money into loans in the same communities, which ties its business closely to local credit demand, housing activity, and small-business lending.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 28, 2026
AI Summary
Q1 2026

Record profit: Northwest reported $51 million in net income, the highest in company history, with net income up more than 16% year over year.

Loan growth: Average C&I loans grew $191 million in the quarter, up 28% year over year, while total period-end loans rose to $13.1 billion.

Margins held: Net interest margin came in at 370 basis points, helped by lower deposit costs and a stronger securities portfolio yield.

Credit improved: Nonperforming assets, delinquencies, and net charge-offs all moved lower; annualized net charge-offs were 16 basis points, below the low end of full-year guidance.

Outlook steady: Management kept full-year 2026 guidance unchanged and said it remains comfortable with low to mid-single-digit loan growth for the year.

Capital tools: The board reauthorized share repurchases up to $50 million, which management framed as a normal capital-management step rather than a change in priorities.

Key Financials
Net income
$51 million
Average C&I loans
$191 million
Period-end loans
$13.1 billion
Net interest margin
370 basis points
Cost of deposits
1.48%
Efficiency ratio
59.4%
Adjusted efficiency ratio
57.8%
Return on average assets
1.22%
Return on tangible common equity
14.6%
Net charge-offs
16 basis points
ACL coverage
1.15%
Total delinquency
1.30%
90-day plus delinquency
34 basis points
Nonperforming assets
70 basis points of average loans
Total revenue
$175.1 million
EPS
$0.34
Adjusted EPS
$0.35
Buyback authorization
up to $50 million
Quarterly dividend
$0.20 per share
Earnings Call Recording
Other Earnings Calls

Management

Mr. Louis J. Torchio
President, CEO & Director
No Bio Available
Mr. William W. Harvey Jr.
Senior EVP, COO & Director
No Bio Available
Mr. Scott J. Watson
Executive VP & Chief Information Officer
No Bio Available
Mr. Gregory J. Betchkal
Executive VP & Chief Risk Officer
No Bio Available
Mr. Douglas M. Schosser CPA
Chief Financial Officer
No Bio Available
Mr. Jeffrey J. Maddigan
Executive VP of Finance & Accounting, Corporate Treasurer and Principal Accounting Officer
No Bio Available
Mr. C. Forrest Tefft
Senior Vice President of Corporate Finance
No Bio Available
Michael W. Cappetta
Senior VP & Chief Technology Officer
No Bio Available
Mr. Richard K. Laws J.D.
Executive VP, Chief Legal Counsel & Corporate Secretary
No Bio Available
Leslie D. Kurtz
Senior VP & Chief Compliance Officer
No Bio Available

Contacts

Address
PENNSYLVANIA
Warren
100 Liberty St
Contacts
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