Welcome to our dedicated page for Northwest Bancshares Md news (Ticker: NWBI), a resource for investors and traders seeking the latest updates and insights on Northwest Bancshares Md stock.
Northwest Bancshares, Inc. reports news as the bank holding company for Northwest Bank, a full-service financial institution offering business and personal banking products, employee benefits, wealth management, trust, investment management and insurance-related services. Company updates commonly address net interest income and margin, loan and deposit trends, securities portfolio activity, borrowings and credit-sensitive balance-sheet changes.
Recurring developments also include quarterly earnings calls and investor presentations, changes in Northwest Bank’s prime lending rate, financial-center activity across Pennsylvania, New York, Ohio and Indiana, and integration of the completed Penns Woods Bancorp acquisition. News about NWBI often connects commercial and consumer lending, deposit funding, wealth services and community-bank recognition to the company’s regional banking model.
Northwest Bank (NASDAQ:NWBI) announced that region presidents Kristen Hughes and Jennifer Gibson have been recognized among the top women business leaders in their markets for 2026. Hughes was named to Pennsylvania Business Central's Women in Business Top Women CEOs & Leaders list, while Gibson was included on Buffalo Business First's Power 200 Women and Power 250 lists.
According to Northwest Bank, Hughes, who joined in 2021, leads business development, community relations and customer experience across Pennsylvania, supporting strategic growth. Gibson, a more than 20-year Northwest veteran, oversees consumer banking strategy, market development and multistate retail operations across New York, Pennsylvania, Ohio and Indiana.
The company said these recognitions highlight Northwest's focus on leadership that advances customer experience, associate development and community impact. Northwest Bancshares, the holding company of Northwest Bank, operates 152 full-service financial centers and 11 drive-up locations and provides access to more than 55,000 fee-free ATMs.
Northwest Bank (NASDAQ: NWBI) plans to relocate its corporate headquarters to a new 75,000-square-foot, purpose-built building in the Bridge North mixed-use development in Dublin, Ohio, in the first half of 2029. The 15-year lease is designed to support more than doubling headquarters staff to 300 by 2034.
Under an Economic Development Agreement, Dublin will provide a performance-based incentive equal to 15% of net new payroll withholdings from 2030–2034, capped at $460,000, plus a $50,000 location grant upon lease execution and occupancy. The headquarters will include a financial center with wealth management services and supports Northwest’s continued Central Ohio expansion.
Northwest Bancshares (Nasdaq:NWBI) plans to redeem all outstanding 4.000% Fixed-to-Floating Rate Subordinated Notes due September 15, 2030 on September 15, 2026. Holders will receive 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date, with payment processed through The Depository Trust Company.
Northwest Bank (NASDAQ: NWBI) has opened its first Central Ohio financial center at 5746 N. Hamilton Road in New Albany, marking the start of a broader Columbus-area expansion. The bank plans three additional Central Ohio locations by the end of 2026 and another in Q1 2027.
Northwest Bancshares (Nasdaq: NWBI) reported record second-quarter 2026 GAAP net income of $54 million, or $0.36 per diluted share, up from $34 million, or $0.26, a year earlier and $51 million, or $0.34, in the prior quarter. Adjusted diluted EPS (non-GAAP) was $0.37.
Net interest income rose to $146.9 million with net interest margin expanding to 3.75%. Average loans, investments and deposits increased year over year, aided by the Penns Woods acquisition. Credit quality metrics remained solid with annualized net charge-offs of 0.15% and nonperforming assets of 0.69%.
The board declared a quarterly cash dividend of $0.20 per share, payable August 18, 2026, representing an annualized dividend yield of about 5.3% based on June 30, 2026 market value. The efficiency ratio was 57.6% and the adjusted efficiency ratio was 56.2% for the quarter.
Northwest Bank (NASDAQ:NWBI) announced its inclusion in TIME's America's Best Companies 2026, ranking #394 out of 1,000 U.S. companies. The recognition, compiled by TIME and Statista, is based on employee satisfaction survey data, financial performance metrics such as revenue and asset growth, and sustainability transparency, including environmental performance, board diversity and human rights policies. According to Northwest Bank, this honor highlights its focus on culture, talent development and long-term sustainable growth for customers, communities and shareholders.
Northwest Bank (NASDAQ:NWBI) has created three new senior leadership roles to enhance customer experience across its branch network, digital channels and product lines. The bank appointed Lizzie Siegel as executive director, customer experience, design and innovation; Sarah Mayle as executive director, financial center experience and enablement; and Greg Hayes as executive director, consumer and marketing analytics.
According to Northwest Bank, these roles are designed to align customer insights, sales and service delivery, and business strategy. The leaders will focus on redesigning in-branch and digital experiences, empowering associates with tools and training, and strengthening enterprise analytics to translate data into actionable insights that support customer experience and profitable growth.
Northwest Bancshares (Nasdaq:NWBI) will hold a conference call to review second quarter 2026 financial results on Tuesday, July 28 at 9:00 a.m. (EST). Financial results and supporting data will be released after market close on Monday, July 27, with a live webcast and replay available via the Investor Relations website.
Northwest Bank (NASDAQ:NWBI) appointed Chad Ballard as Chief Information Officer, effective May 18, 2026. Reporting to President and CEO Louis Torchio and joining the executive leadership team, he will oversee information technology strategy and operations.
Ballard has 25+ years of technology leadership, including CIO roles at Wells Fargo, and leadership positions at JP Morgan Chase and PNC. He will focus on advancing secure, scalable technology initiatives to support growth, operational efficiency, and customer and associate experience across Northwest Bank’s footprint.
Northwest Bancshares (NASDAQ: NWBI) reported GAAP net income of $51 million for Q1 2026, or $0.34 per diluted share, up $7 million year-over-year and $5 million sequentially. Adjusted net income was $51 million, or $0.35 per diluted share. The Board declared a $0.20 quarterly dividend payable May 20, 2026, and approved a $50 million share repurchase program over 24 months. Key operating metrics: net interest margin 3.70%, C&I loan growth ~28% YoY, annualized net charge-offs 0.16%, and nonperforming assets 0.70%.