Northwest Bank Lowers its Prime Interest Rate to 7.00 Percent

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Northwest Bank (NWBI) lowered its prime lending rate to 7.00% from 7.25%, effective October 30, 2025.

The bank's prime rate last changed on September 18, 2025, when it decreased from 7.50% to 7.25%.

COLUMBUS, Ohio, Oct. 30, 2025 /PRNewswire/ -- Northwest Bank, a full-service financial institution offering a complete line of business and personal banking solutions, has lowered its prime lending rate to 7.00 percent from 7.25 percent, effective October 30, 2025.

Northwest's prime lending rate last changed on September 18, 2025, decreasing from 7.50 percent to 7.25 percent.

About Northwest Bank
Headquartered in Columbus, Ohio, Northwest Bancshares, Inc. is the bank holding company of Northwest Bank. Founded in 1896, Northwest Bank is a full-service financial institution which offers a complete line of business and consumer banking products, as well as employee benefits and wealth management services. Currently, Northwest operates 151 full-service financial centers and eleven free standing drive-up facilities in Pennsylvania, New York, Ohio, and Indiana. Northwest Bancshares, Inc.'s common stock is listed on the NASDAQ Global Select Market under the symbol NWBI. Additional information regarding Northwest Bancshares, Inc. and Northwest Bank can be accessed online at www.northwest.bank. 

Investor Contact:
Michael Perry (814) 726-2140
shareholderrelations@northwest.com

Media Contact:
Ian Bailey (380) 400-2423
media@northwest.com 

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SOURCE Northwest Bank

FAQ

What change did Northwest Bank (NWBI) announce on October 30, 2025?

Northwest Bank lowered its prime lending rate to 7.00% from 7.25%, effective October 30, 2025.

When did Northwest Bank (NWBI) last change its prime rate before October 30, 2025?

The prior change occurred on September 18, 2025, when the rate fell from 7.50% to 7.25%.

What is Northwest Bank's (NWBI) prime lending rate after the October 30, 2025 change?

The prime lending rate is 7.00% after the October 30, 2025 change.

How much did Northwest Bank (NWBI) reduce its prime rate on October 30, 2025?

The rate decreased by 0.25 percentage points, from 7.25% to 7.00%.

Does the October 30, 2025 change represent the second recent reduction in Northwest Bank's (NWBI) prime rate?

Yes. The October 30, 2025 reduction followed a prior decrease on September 18, 2025.

Effective date for Northwest Bank's (NWBI) current prime rate?

The current prime rate of 7.00% is effective October 30, 2025.