Northwest Bancshares Inc Md Stock Price, News & Analysis

Northwest Bancshares (Nasdaq: NWSB) will report third quarter 2025 financial results after market close on Monday, October 27, 2025 and host a conference call and webcast to review results on Tuesday, October 28, 2025 at 9:00 a.m. EDT.

The live audio webcast and presentation slides will be available in the Investor Relations > Events & Presentations section of the company website. The public can register for the conference call at the provided Q4 registration link; registrants will receive calendar and reminder instructions. Attendees are asked to join 15 minutes early. A replay of the webcast will be archived in the Investor Relations section.

Northwest Bank (NWBI) has appointed Matthew Bower as Managing Director, Wealth Management in a newly created role. Bower will lead a team of over 100 associates and oversee the bank's wealth management offerings, including private banking, investment management, estate planning, and trust services.

Bower brings 25+ years of experience in wealth management, most recently serving as EVP and Chief Wealth Officer at C&N Bank, where he managed $1.7 billion in assets and drove double-digit annual revenue growth. His prior roles include leadership positions at PNC Financial Services and Bank of America's private bank.

Northwest Bank (NWBI) has appointed Chad Wheeler as Managing Director and Treasurer. Wheeler brings nearly 30 years of experience in treasury and financial strategy to oversee the bank's treasury function, including interest rate management, liquidity, capital efforts, and securities investment portfolio management.

Wheeler joins from Fulton Bank, where he served as Executive Vice President and Treasurer, managing a $32 billion regional financial institution. His previous experience includes building the treasury function at Customers Bank and working at Santander Bank. At Northwest Bank, he will be responsible for ensuring regulatory compliance and risk management as the bank continues its growth trajectory.

Northwest Bank (NWBI) has announced a reduction in its prime lending rate from 7.50% to 7.25%, effective September 18, 2025. This marks the bank's second rate reduction in recent months, following a previous decrease from 7.75% to 7.50% on December 19, 2024. The adjustment affects Northwest's complete line of business and personal banking solutions.

Northwest Bancshares (NASDAQ:NWBI) reported Q2 2025 net income of $34 million, or $0.26 per diluted share, up from $5 million in Q2 2024 but down from $43 million in Q1 2025. The company achieved a strong net interest margin of 3.56% and total revenue growth of 54% year-over-year.

Key highlights include 19% growth in Commercial C&I lending, successful completion of the Penns Woods merger, and a 9% increase in noninterest income over the previous quarter. The Board declared a quarterly dividend of $0.20 per share, representing an annualized yield of 6.3%. The company's average loans receivable stood at $11.25 billion, with deposits at $12.15 billion.

Northwest Bancshares (NASDAQ: NWBI) has successfully completed its acquisition of Penns Woods Bancorp (NASDAQ: PWOD) on July 25, 2025. The merger integrates Penns Woods' subsidiary banks, Jersey Shore State Bank and Luzerne Bank, into Northwest Bank's operations.

The strategic acquisition expands Northwest's Pennsylvania presence with 21 additional branch locations across North Central and Northeastern Pennsylvania, bringing its total network to 151 financial centers across Pennsylvania, New York, Ohio, and Indiana. Former Penns Woods CEO Richard A. Grafmyre joins Northwest's Board of Directors, and all acquired branches have been rebranded under the Northwest Bank name following system integration over July 26-27, 2025.

Northwest Bancshares (Nasdaq: NWBI) has scheduled its second quarter 2025 earnings conference call for Wednesday, July 30, 2025, at 8:30 a.m. EDT. The company will release its financial results and supporting data after market close on Tuesday, July 29, 2025.

Investors and interested parties can access the live audio webcast and presentation slides through the company's website investor relations section. Registration for the conference call is available through a dedicated link, with participants advised to join 15 minutes before the call starts. A replay will be available in the investor relations section after the event.

Northwest Bank (NWBI) has opened its first new financial center in six years in the Nickel Plate District of Fishers, Indiana. The 1,320 square foot facility features private meeting rooms, open spaces, and digital services through ATMs. The location will serve as part of the bank's new regional headquarters spanning 8,964 square feet for Indiana operations.

The center employs 14 full-time staff offering retail, small business, and commercial banking services. It features a Virtual Teller Machine (VTM) with extended hours from 7am-7pmET Monday-Friday and 8:30am-12pmET on Saturdays. Northwest Bank currently maintains 20 full-service locations and one drive-up location in Indiana, employing 175 people across the state.

Northwest Bancshares (NWBI) announced a leadership transition in its board of directors. Timothy B. Fannin has stepped down as Board Chair ahead of his planned 2026 retirement and has been succeeded by Timothy M. Hunter, who previously served as Vice Chair. Hunter, who joined the board in 2015, brings extensive business experience as the former President and CEO of McInnes Rolled Rings (2003-2024) and is a CPA with Ernst & Young background.

The transition comes as Northwest is poised to become a Top 100 US bank following its upcoming merger with Penns Woods, expected to close in late July 2025. This merger represents the largest acquisition in the company's history. Under Fannin's leadership since 2013, Northwest has made significant progress in executing its strategic growth plan, focusing on customer-focused, community banking.