Northwest Bancshares, Inc. — Third Quarter 2026 Earnings Summary
Northwest Bancshares, Inc. reported third-quarter 2026 GAAP net income of $51 million, or $0.34 per diluted share, marking a significant increase from the same period in the prior year. The company achieved record total revenue and net interest income, driven by a 31% year-over-year growth in commercial and industrial loans and the integration of the Penns Woods Bancorp acquisition. Adjusted diluted earnings per share for the quarter were $0.35, while the company maintained strong credit quality with annualized net charge-offs of 0.15% and nonperforming loans representing 0.74% of the loan portfolio. Additionally, the Board of Directors declared a quarterly cash dividend of $0.20 per share, continuing a streak of 128 consecutive quarters of dividend payments.
- Company
- NORTHWEST BANCSHARES INC
- Sector
- Financial Services
- Industry
- Banks - Regional