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Northwest Bancshares Inc Md Financials

NWBI
FY2025 annual
Revenue $749.7M +12.0% YoY
Net Income $126.0M +25.7% YoY
EPS (Diluted) $0.92 +16.5% YoY
Free Cash Flow $141.8M +13.1% YoY
Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

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).

Rhea AI NWBI FY2025

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 from 0.9% to 0.8% and ROE from 8.7% to 6.7%. 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 $153.4M ran ahead of net income of $126.0M, so accounting profit was backed by cash generation. With capex at just $11.6M, little of that cash was absorbed by physical reinvestment or maintenance spending.

The balance sheet remains heavily liability-funded, with $14.9B of liabilities backed by $1.9B of equity in FY2025. Cash of $233.6M covers only a small slice of that funding stack, so day-to-day liquidity depends more on the broader liability base than on idle cash.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Earnings Growth Capital Efficiency CreditQuality Stability 47 / 100
Financial Health Score 47/100
Scored as: Banks peer group

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.

Earnings
36
Growth
58
Capital
50
Efficiency
37
Credit Quality
24
Stability
76
Piotroski F-Score Partial
4/6

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.

Earnings Quality Cash-Backed
1.22x

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

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Earnings & Revenue

Revenue
$749.7M
YoY+12.0%
5Y CAGR+11.5%
10Y CAGR+8.9%

Northwest Bancshares Inc Md generated $749.7M in revenue in fiscal year 2025. This represents an increase of 12.0% from the prior year.

Net Income
$126.0M
YoY+25.7%
5Y CAGR+11.0%
10Y CAGR+7.6%

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.

EPS (Diluted)
$0.92
YoY+16.5%
5Y CAGR+8.2%
10Y CAGR+3.7%

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.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow
$141.8M
YoY+13.1%
5Y CAGR+2.0%
10Y CAGR+3.6%

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.

Cash & Debt
$233.6M
YoY-19.0%
5Y CAGR-20.5%
10Y CAGR+3.4%

Northwest Bancshares Inc Md held $233.6M in cash as of fiscal year 2025; long-term debt is not reported for that period.

Dividends Per Share
$0.80
YoY0.0%
5Y CAGR+1.0%
10Y CAGR+3.6%

Northwest Bancshares Inc Md paid $0.80 per share in dividends in fiscal year 2025. That is unchanged from the prior year.

Shares Outstanding
146M
YoY+14.6%
5Y CAGR+2.8%

Northwest Bancshares Inc Md had 146M shares outstanding in fiscal year 2025. This represents an increase of 14.6% from the prior year.

Margins & Returns

Net Margin
16.8%
YoY+1.8pp
5Y CAGR-0.4pp
10Y CAGR-2.1pp

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.

Return on Equity
6.7%
YoY+0.4pp
5Y CAGR+1.8pp
10Y CAGR+1.5pp

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.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

Capital Expenditures
$11.6M
YoY+403.9%
5Y CAGR-1.0%
10Y CAGR-1.3%

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.

R&D Spending

Not reported for fiscal year 2025.

Share Buybacks

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.

NWBI annual income statement
MetricTTMFY25FY24FY23FY22FY21FY20FY19FY18FY17FY16FY15FY14FY13FY12FY11
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.

NWBI annual balance sheet
MetricFY25FY24FY23FY22FY21FY20FY19FY18FY17FY16FY15FY14FY13FY12FY11
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.

NWBI annual cash flow statement
MetricTTMFY25FY24FY23FY22FY21FY20FY19FY18FY17FY16FY15FY14FY13FY12FY11
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%-$76.2MN/AN/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%-$113.9MN/AN/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 BuybacksN/AN/AN/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.

NWBI annual financial ratios
MetricFY25FY24FY23FY22FY21FY20FY19FY18FY17FY16FY15FY14FY13FY12FY11
Net Margin16.8%+1.8pp15.0%-8.0pp22.9%-6.8pp29.8%-7.1pp36.9%+19.6pp17.2%-9.2pp26.5%-1.6pp28.1%+1.8pp26.3%+11.9pp14.4%-4.6pp18.9%-1.3pp20.3%-1.0pp21.3%+2.5pp18.8%+0.9pp17.9%
Return on Equity6.7%+0.4pp6.3%-2.4pp8.7%-0.3pp9.0%-0.8pp9.8%+4.9pp4.9%-3.3pp8.2%-0.2pp8.4%+0.6pp7.8%+3.6pp4.2%-1.0pp5.2%-0.6pp5.8%+0.1pp5.8%+0.1pp5.6%+0.1pp5.6%
Return on Assets0.8%0.0pp0.7%-0.2pp0.9%0.0pp0.9%-0.1pp1.1%+0.5pp0.5%-0.5pp1.1%0.0pp1.1%+0.1pp1.0%+0.5pp0.5%-0.2pp0.7%-0.1pp0.8%0.0pp0.8%0.0pp0.8%0.0pp0.8%
Debt-to-Equity7.87-0.2x8.02-0.3x8.29-0.2x8.46+0.3x8.16+0.2x7.97+1.2x6.75+0.1x6.64-0.1x6.75-0.5x7.22+0.5x6.70+0.4x6.32+0.5x5.82-0.2x6.05+0.1x5.90
FCF Margin18.9%+0.2pp18.7%+4.4pp14.3%-23.8pp38.1%-6.8pp44.9%+15.4pp29.5%+1.6pp27.9%-7.6pp35.6%-5.7pp41.3%+6.4pp34.9%+3.6pp31.3%+4.9pp26.4%-9.0pp35.4%+3.2pp32.2%+2.6pp29.6%

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

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Frequently Asked Questions

What is Northwest Bancshares Inc Md's annual revenue?

Northwest Bancshares Inc Md (NWBI) reported $749.7M in total revenue for fiscal year 2025. This represents a 12.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Northwest Bancshares Inc Md's revenue growing?

Northwest Bancshares Inc Md (NWBI) revenue grew by 12.0% year-over-year, from $669.2M to $749.7M in fiscal year 2025.

Is Northwest Bancshares Inc Md profitable?

Yes, Northwest Bancshares Inc Md (NWBI) reported a net income of $126.0M in fiscal year 2025, with a net profit margin of 16.8%.

Northwest Bancshares Inc Md (NWBI) reported diluted earnings per share of $0.92 for fiscal year 2025. This represents a 16.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Northwest Bancshares Inc Md (NWBI) had a net profit margin of 16.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Northwest Bancshares Inc Md (NWBI) paid $0.80 per share in dividends during fiscal year 2025.

Northwest Bancshares Inc Md (NWBI) has a return on equity of 6.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Northwest Bancshares Inc Md (NWBI) generated $141.8M in free cash flow during fiscal year 2025. This represents a 13.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Northwest Bancshares Inc Md (NWBI) generated $153.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Northwest Bancshares Inc Md (NWBI) had $16.8B in total assets as of fiscal year 2025, including both current and long-term assets.

Northwest Bancshares Inc Md (NWBI) invested $11.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Northwest Bancshares Inc Md (NWBI) had 146M shares outstanding as of fiscal year 2025.

Northwest Bancshares Inc Md (NWBI) had a debt-to-equity ratio of 7.87 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Northwest Bancshares Inc Md (NWBI) had a return on assets of 0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Northwest Bancshares Inc Md (NWBI) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Northwest Bancshares Inc Md (NWBI) has an earnings quality ratio of 1.22x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Northwest Bancshares Inc Md (NWBI) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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