Northwest Bancshares FY26 Q2 net income rises 59% y/y to $54 million; net interest margin widens 19 bps y/y to 3.75%
PUBT · 21h ago
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- Northwest Bancshares posted Q2 GAAP net income of USD 54 million, up 59% year over year; diluted EPS rose to USD 0.36 from USD 0.26.
- Net interest income climbed 23% year over year to USD 146.94 million; net interest margin widened 0.19 percentage points to 3.75%.
- Noninterest income increased 10.6% year over year to USD 34.23 million; noninterest expense rose 6.9% to USD 104.28 million.
- Provision for credit losses totaled USD 6.64 million; annualized net charge-offs were 0.15%, with nonperforming assets at 0.69%.
- Quarterly dividend held at USD 0.20 per share, payable Aug. 18; CEO Louis J. Torchio cited 32% year-over-year C&I loan growth.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northwest Bancshares Inc. published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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