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

+3.65%

1 alert

+3.65% News Effect

+$64M Valuation Impact

$1.80B Market Cap

1K Volume

On the day this news was published, NWBI gained 3.65%, reflecting a moderate positive market reaction. This price movement added approximately $64M to the company's valuation, bringing the market cap to $1.80B at that time.

Data tracked by StockTitan Argus on the day of publication.

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 

 

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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.