Northwest Bank Lowers its Prime Interest Rate to 7.25 Percent

Rhea-AI Summary

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.

Positive

• Prime lending rate reduced by 25 basis points to 7.25%, potentially stimulating borrowing
• Second consecutive rate reduction, showing consistent easing of lending costs

Negative

• Lower prime rate may reduce interest income and net interest margin

News Market Reaction – NWBI

+3.65%

1 alert

+3.65% Session close to close

$1.80B Market Cap

1.04K Volume

In the Sep 18 session, NWBI gained 3.65%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

COLUMBUS, Ohio, Sept. 18, 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 7.25 percent from 7.50 percent, effective September 18, 2025.

Northwest Bank Lowers its Prime Interest Rate to 7.25 Percent

Northwest's prime lending rate last changed on December 19, 2024, decreasing from 7.75 percent to 7.50 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 ten 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 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/northwest-bank-lowers-its-prime-interest-rate-to-7-25-percent-302560052.html

SOURCE Northwest Bank

FAQ

What is Northwest Bank's (NWBI) new prime lending rate as of September 2025?

Northwest Bank's prime lending rate is 7.25%, reduced from 7.50% effective September 18, 2025.

When was Northwest Bank's (NWBI) previous prime rate change?

Northwest Bank's previous prime rate change was on December 19, 2024, when it decreased from 7.75% to 7.50%.

How much did Northwest Bank (NWBI) lower its prime rate in September 2025?

Northwest Bank lowered its prime rate by 25 basis points (0.25%), from 7.50% to 7.25%.

What types of banking services does Northwest Bank (NWBI) offer?

Northwest Bank is a full-service financial institution offering a complete line of business and personal banking solutions.