Northwest Bancshares Inc Md (NWBI) reported $749.7M in revenue for fiscal year 2025, up 12.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Balance-sheet expansion lifted reported revenue, but returns on assets and equity show the larger franchise is earning less efficiently per dollar over time.
From FY2023 to FY2025, reported revenue rose from$587.9M to$749.7M , yet ROA slipped from0.9% to0.8% and ROE from8.7% to6.7% . That combination says the bank added scale faster than it improved earnings power on each asset and equity dollar over this stretch.
FY2025 operating cash flow of
The balance sheet remains heavily liability-funded, with
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Northwest Bancshares Inc Md's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Northwest Bancshares Inc Md passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Northwest Bancshares Inc Md generates $1.22 in operating cash flow ($153.4M OCF vs $126.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Northwest Bancshares Inc Md generated $749.7M in revenue in fiscal year 2025. This represents an increase of 12.0% from the prior year.
Northwest Bancshares Inc Md reported $126.0M in net income in fiscal year 2025. This represents an increase of 25.7% from the prior year.
Northwest Bancshares Inc Md earned $0.92 per diluted share (EPS) in fiscal year 2025. This represents an increase of 16.5% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Northwest Bancshares Inc Md generated $141.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 13.1% from the prior year.
Northwest Bancshares Inc Md held $233.6M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Northwest Bancshares Inc Md paid $0.80 per share in dividends in fiscal year 2025. That is unchanged from the prior year.
Margins & Returns
Northwest Bancshares Inc Md's net profit margin was 16.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.8 percentage points from the prior year.
Northwest Bancshares Inc Md's ROE was 6.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Northwest Bancshares Inc Md invested $11.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 403.9% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
NWBI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $804.2M | $749.7M+12.0% | $669.2M+13.8% | $587.9M+31.0% | $448.8M+7.2% | $418.5M-3.6% | $434.1M+4.0% | $417.4M+11.1% | $375.8M+4.7% | $358.9M+3.8% | $345.6M+8.2% | $319.6M+4.6% | $305.4M-2.4% | $313.1M-7.3% | $337.7M-6.0% | $359.2M |
| SG&A Expenses | $15.2M | $13.6M+9.4% | $12.4M-4.0% | $13.0M-2.7% | $13.3M-3.3% | $13.8M-12.5% | $15.7M+11.3% | $14.1M0.0% | $14.1M-13.5% | $16.3M+9.7% | $14.9M+20.8% | $12.3M+5.4% | $11.7M-19.0% | $14.5M+9.3% | $13.2M+2.9% | $12.8M |
| Interest Expense | $236.6M | $224.3M-4.0% | $233.6M+53.5% | $152.2M+441.4% | $28.1M+3.2% | $27.2M-35.6% | $42.3M-25.6% | $56.9M+53.2% | $37.1M+32.3% | $28.1M-26.7% | $38.3M-32.0% | $56.3M-0.5% | $56.6M-7.5% | $61.2M-18.7% | $75.2M-19.0% | $92.8M |
| Income Tax | $46.1M | $36.8M+25.7% | $29.3M-27.1% | $40.1M+0.2% | $40.0M-14.5% | $46.8M+164.8% | $17.7M-42.4% | $30.7M+7.9% | $28.4M-31.4% | $41.4M+91.4% | $21.6M-22.6% | $28.0M+28.3% | $21.8M-16.8% | $26.2M-0.2% | $26.2M-2.3% | $26.9M |
| Net Income | $153.0M | $126.0M+25.7% | $100.3M-25.7% | $135.0M+1.0% | $133.7M-13.4% | $154.3M+106.2% | $74.9M-32.2% | $110.4M+4.7% | $105.5M+11.7% | $94.5M+90.2% | $49.7M-18.0% | $60.5M-2.3% | $62.0M-6.9% | $66.6M+5.0% | $63.4M-1.2% | $64.2M |
| EPS (Diluted) | — | $0.92+16.5% | $0.79-25.5% | $1.06+1.0% | $1.05-13.2% | $1.21+95.2% | $0.62-40.4% | $1.04+2.0% | $1.02+10.9% | $0.92+87.8% | $0.49-23.4% | $0.64-4.5% | $0.67-8.2% | $0.73+9.0% | $0.67+4.7% | $0.64 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
NWBI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $16.8B+16.4% | $14.4B-0.1% | $14.4B+2.2% | $14.1B-2.7% | $14.5B+5.0% | $13.8B+31.6% | $10.5B+9.2% | $9.6B+2.6% | $9.4B-2.7% | $9.6B+7.5% | $9.0B+15.1% | $7.8B-1.3% | $7.9B-0.8% | $7.9B-0.2% | $8.0B |
| Cash & Equivalents | $233.6M-19.0% | $288.4M+135.9% | $122.3M-12.3% | $139.4M-89.1% | $1.3B+73.7% | $736.3M+1110.1% | $60.8M-11.5% | $68.8M-11.5% | $77.7M-80.1% | $389.9M+132.9% | $167.4M-30.5% | $240.7M-38.6% | $391.9M-13.2% | $451.7M-34.4% | $688.3M |
| Goodwill | $444.3M+16.6% | $381.0M0.0% | $381.0M0.0% | $381.0M0.0% | $381.0M-0.3% | $382.3M+10.5% | $346.1M+12.6% | $307.4M0.0% | $307.4M0.0% | $307.4M+17.5% | $261.7M+49.3% | $175.3M+0.4% | $174.6M0.0% | $174.6M+1.6% | $171.9M |
| Total Liabilities | $14.9B+16.1% | $12.8B-0.4% | $12.9B+1.9% | $12.6B-2.3% | $12.9B+5.3% | $12.3B+34.2% | $9.1B+9.5% | $8.4B+2.4% | $8.2B-3.5% | $8.5B+8.5% | $7.8B+16.0% | $6.7B-0.2% | $6.7B-1.3% | $6.8B+0.2% | $6.8B |
| Total Equity | $1.9B+18.4% | $1.6B+2.9% | $1.6B+4.0% | $1.5B-5.8% | $1.6B+2.9% | $1.5B+13.7% | $1.4B+7.6% | $1.3B+4.1% | $1.2B+3.2% | $1.2B+0.6% | $1.2B+9.5% | $1.1B-8.0% | $1.2B+2.5% | $1.1B-2.3% | $1.2B |
| Retained Earnings | $689.2M+2.4% | $673.1M-0.2% | $674.7M+5.1% | $641.7M+5.3% | $609.5M+9.7% | $555.5M-4.8% | $583.4M+6.0% | $550.4M+8.3% | $508.1M+6.1% | $478.8M-2.1% | $489.3M+1.6% | $481.6M-15.4% | $569.5M+3.5% | $550.3M+1.2% | $543.6M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Long-Term Debt.
NWBI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $153.7M | $153.4M+20.2% | $127.7M+37.4% | $92.9M-47.1% | $175.4M-14.6% | $205.5M+46.3% | $140.4M+10.2% | $127.5M-8.2% | $138.9M-8.5% | $151.8M+11.9% | $135.7M+19.9% | $113.2M+25.0% | $90.6M-30.4% | $130.2M+2.5% | $127.1M+7.0% | $118.7M |
| Capital Expenditures | $16.0M | $11.6M+403.9% | $2.3M-73.0% | $8.6M+98.2% | $4.3M-75.3% | $17.5M+42.9% | $12.3M+12.4% | $10.9M+108.3% | $5.2M+40.7% | $3.7M-75.6% | $15.2M+15.2% | $13.2M+32.7% | $10.0M-48.5% | $19.4M+6.1% | $18.3M+46.8% | $12.4M |
| Free Cash Flow | $137.6M | $141.8M+13.1% | $125.4M+48.7% | $84.3M-50.7% | $171.1M-9.0% | $187.9M+46.6% | $128.2M+10.0% | $116.6M-12.8% | $133.7M-9.7% | $148.1M+22.9% | $120.5M+20.5% | $100.0M+24.0% | $80.6M-27.3% | $110.8M+1.9% | $108.8M+2.4% | $106.3M |
| Investing Cash Flow | -$419.2M | -$127.4M-172.8% | $175.0M+173.0% | -$239.7M+73.9% | -$917.4M-293.8% | -$233.0M+58.4% | -$560.6M-86.5% | -$300.6M-6.6% | -$281.9M-171.0% | -$104.0M-109.0% | $1.2B+1395.5% | -$88.8M-30.6% | -$68.0M+10.7% | -$76.2M | N/A | N/A |
| Financing Cash Flow | $246.9M | -$80.8M+40.8% | -$136.5M-205.3% | $129.7M+132.6% | -$397.9M-169.7% | $570.5M-47.9% | $1.1B+563.2% | $165.2M+23.2% | $134.1M+137.3% | -$359.9M+66.2% | -$1.1B-989.0% | -$97.7M+43.8% | -$173.8M-52.6% | -$113.9M | N/A | N/A |
| Dividends Paid | $117.6M | $109.9M+7.9% | $101.9M+0.2% | $101.7M+0.2% | $101.5M+1.2% | $100.3M+7.7% | $93.1M+22.3% | $76.2M+8.9% | $69.9M+7.2% | $65.2M+8.4% | $60.2M+13.9% | $52.8M-64.8% | $149.9M+226.9% | $45.9M-19.3% | $56.9M+30.3% | $43.6M |
| Share Buybacks | N/A | N/A | N/A | $0 | $0-100.0% | $23.9M+157.2% | $9.3M | $0 | $0 | $0-100.0% | $1.8M-77.7% | $7.8M+48.8% | $5.3M+18.3% | $4.5M-91.4% | $52.0M-69.9% | $172.7M |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
NWBI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 16.8%+1.8pp | 15.0%-8.0pp | 22.9%-6.8pp | 29.8%-7.1pp | 36.9%+19.6pp | 17.2%-9.2pp | 26.5%-1.6pp | 28.1%+1.8pp | 26.3%+11.9pp | 14.4%-4.6pp | 18.9%-1.3pp | 20.3%-1.0pp | 21.3%+2.5pp | 18.8%+0.9pp | 17.9% |
| Return on Equity | 6.7%+0.4pp | 6.3%-2.4pp | 8.7%-0.3pp | 9.0%-0.8pp | 9.8%+4.9pp | 4.9%-3.3pp | 8.2%-0.2pp | 8.4%+0.6pp | 7.8%+3.6pp | 4.2%-1.0pp | 5.2%-0.6pp | 5.8%+0.1pp | 5.8%+0.1pp | 5.6%+0.1pp | 5.6% |
| Return on Assets | 0.8%0.0pp | 0.7%-0.2pp | 0.9%0.0pp | 0.9%-0.1pp | 1.1%+0.5pp | 0.5%-0.5pp | 1.1%0.0pp | 1.1%+0.1pp | 1.0%+0.5pp | 0.5%-0.2pp | 0.7%-0.1pp | 0.8%0.0pp | 0.8%0.0pp | 0.8%0.0pp | 0.8% |
| Debt-to-Equity | 7.87-0.2x | 8.02-0.3x | 8.29-0.2x | 8.46+0.3x | 8.16+0.2x | 7.97+1.2x | 6.75+0.1x | 6.64-0.1x | 6.75-0.5x | 7.22+0.5x | 6.70+0.4x | 6.32+0.5x | 5.82-0.2x | 6.05+0.1x | 5.90 |
| FCF Margin | 18.9%+0.2pp | 18.7%+4.4pp | 14.3%-23.8pp | 38.1%-6.8pp | 44.9%+15.4pp | 29.5%+1.6pp | 27.9%-7.6pp | 35.6%-5.7pp | 41.3%+6.4pp | 34.9%+3.6pp | 31.3%+4.9pp | 26.4%-9.0pp | 35.4%+3.2pp | 32.2%+2.6pp | 29.6% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.