Saturday 17 October 2026 Export NWBI’s income statement to Excel — free account

Northwest Bancshares, Inc.

Northwest Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $878.9 million, up 16.2% from fiscal 2024. In the quarter to June 2026, revenue grew 18.2%, EPS grew 42.3%, free cash flow grew 538.7% and total debt rose 93.6%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three; insiders bought in the last twelve months.

14.93 0.04 +0.27%

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Market cap: $2.2B
P/E: 14.2×
Fwd P/E: 10.3×
Dividend yield: 5.36%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.55

Total sells 0.23

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	3	3	1	—	1	1	3	—	—	1	—	—
Sell	—	—	—	—	—	1	—	—	1	—	—	—

Insider Ownership 4.88%

Capital & Financial Ratios $m

Market Cap 2,180.00

Revenue 940.98

Net Income 152.96

Free Cash Flow 137.64

Net Debt 608.60

Current Ratio 0.95

Debt/Equity 0.44

P/E ratio 14.22

Fwd P/E 10.30

P/S ratio 2.32

P/B ratio 1.13

Past 5Y EPS Growth 8.21%

This Y EPS Growth 11.60%

Next Y EPS Growth 3.55%

Next Y revenue growth (17.37%)

Next 5Y EPS Growth 5.98%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 38.63%

10-year low 10-year high

P/S against its own 10 years 29.19%

10-year low 10-year high

P/B against its own 10 years 50.09%

10-year low 10-year high

Dividends

Payout Ratio 0.78

Annual Dividend Rate 0.80

Annual Dividend Yield 5.36%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.80	0.20 0.20 0.20
2025	0.80	0.20 0.20 0.20 0.20
2024	0.80	0.20 0.20 0.20 0.20
2023	0.80	0.20 0.20 0.20 0.20
2022	0.80	0.20 0.20 0.20 0.20
2021	0.79	0.19 0.20 0.20 0.20
2020	0.76	0.19 0.19 0.19 0.19
2019	0.72	0.18 0.18 0.18 0.18
2018	0.68	0.17 0.17 0.17 0.17
2017	0.64	0.16 0.16 0.16 0.16
2016	0.60	0.15 0.15 0.15 0.15

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	122	288	234	248
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	11,459	11,474	13,169	13,401

	2023	2024	2025	Q'26
Payables	11,980	12,145	13,943	14,162
ST’ Debt	—	—	—	—
Other	—	—	—	—
	11,994	12,151	13,950	14,170

Compound Annual Growth %

	10y	5y	3y
Sales	8.51%	9.19%	16.24%
Cash Flow	3.09%	1.78%	(4.37%)
Earnings	7.60%	10.97%	(1.82%)
Book Value	4.98%	4.20%	8.22%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	234	239	—	—	—
’25	209	203	227	241	879
’24	188	158	199	211	756
’23	159	174	182	187	702
’22	122	136	145	156	560
’21	140	157	134	130	561
’20	128	144	150	144	566

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	74	32	—	—	—
’25	108	(2)	42	6	153
’24	71	41	93	(77)	128
’23	30	23	(5)	45	93
’22	(22)	49	83	65	175
’21	68	37	33	68	205
’20	50	37	66	(13)	140

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	70	26	—	—	—
’25	106	(6)	38	4	142
’24	65	44	93	(77)	125
’23	31	20	(5)	38	84
’22	(22)	51	81	62	171
’21	68	36	30	54	188
’20	47	33	63	(15)	128

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.34	0.36	—	—	—
’25	0.34	0.26	0.02	0.31	0.92
’24	0.23	0.04	0.26	0.26	0.79
’23	0.26	0.26	0.31	0.23	1.06
’22	0.22	0.26	0.29	0.27	1.05
’21	0.32	0.38	0.27	0.24	1.21
’20	0.07	(0.05)	0.30	0.28	0.62

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	11.78	14.95	15.50	15.46	8.52	12.37	12.04	9.80	10.45	10.75	Analyst estimates 2026–2028 Powerpack
	High	19.10	18.63	18.56	18.81	16.67	15.48	15.35	14.64	15.42	13.62
People
People	Employees	2,466	2,254	2,258	2,333	2,523	2,413	2,228	2,165	2,027	2,233
	Revenue/emp, $m	0.17	0.21	0.21	0.22	0.22	0.23	0.25	0.32	0.37	0.39
Income, $m
Income, $m	Revenue	431	469	467	517	566	561	560	702	756	879
	Gross margin, %	91.11	94.02	92.06	88.99	92.52	95.15	94.98	78.31	69.11	74.48
	EBT	71	136	134	141	93	201	174	175	130	163
	EBT margin, %	16.55	28.96	28.65	27.31	16.34	35.83	31.04	24.95	17.13	18.52
	Net income	50	94	105	110	75	154	134	135	100	126
	Depreciation	18	16	10	5	9	14	11	28	22	0
Per share, $
Per share, $	Revenue	4.33	4.65	4.58	4.93	4.71	4.45	4.44	5.54	5.95	6.49
	Earnings	0.50	0.94	1.03	1.05	0.62	1.22	1.05	1.06	0.79	0.93
	Cash flow	1.36	1.50	1.36	1.22	1.17	1.63	1.39	0.73	1.00	1.13
	Capex	(0.15)	(0.04)	(0.05)	(0.10)	(0.10)	(0.14)	(0.03)	(0.07)	(0.02)	(0.09)
	Free cash flow	1.21	1.47	1.31	1.11	1.07	1.49	1.36	0.67	0.99	1.05
	Book value	11.77	11.96	12.32	12.90	12.80	12.55	11.82	12.25	12.57	13.95
	Shares, m	99	101	102	105	120	126	126	127	127	135
Valuation, ×
Valuation, ×	P/E	37.14	17.72	16.29	15.84	20.89	11.61	13.40	11.77	16.70	12.90
	P/S	4.20	3.59	3.70	3.38	2.71	3.18	3.14	2.27	2.22	1.85
	P/B	1.55	1.39	1.37	1.29	1.00	1.13	1.18	1.03	1.05	0.86
	EV/Sales	3.88	3.89	4.29	3.97	2.13	1.60	4.55	3.01	2.42	2.37
	EV/FCF	13.89	12.32	15.01	17.60	9.42	4.79	14.87	25.08	14.62	14.69
Cash, $m
Cash, $m	Operating cash flow	136	152	139	127	140	205	175	93	128	153
	Capex	(15)	(4)	(5)	(11)	(12)	(18)	(4)	(9)	(2)	(12)
	Free cash flow	120	148	134	117	128	188	171	84	125	142
Balance, $m
Balance, $m	Working capital	25	10	195	244	(383)	(1,084)	(490)	(534)	(677)	(780)
	Total debt	254	219	346	368	412	392	924	643	445	691
	Net debt	(136)	142	277	307	(324)	(888)	785	520	156	458
	Shareholders’ equity	1,171	1,208	1,258	1,353	1,539	1,584	1,491	1,551	1,597	1,890
Returns, %
Returns, %	ROA	0.53	1.00	1.11	1.10	0.62	1.08	0.93	0.94	0.69	0.81
	ROIC	5.04	6.50	5.50	5.47	5.83	18.37	4.77	5.28	4.62	4.33
	ROE	4.26	7.94	8.56	8.46	5.18	9.82	8.66	8.85	6.36	7.22

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BBT Beacon Financial Corporation	$2.3B	15.1×	9.7×	+99.71% (above 0%: growing)	+211.49% (above 0%: growing)	+88.09% (above 0%: growing)	68.58%	0.00%	Compare
MBIN Merchants Bancorp	$2.3B	9.8×	9.1×	−4.26% (below 0%: shrinking)	+146.67% (above 0%: growing)	+267.73% (above 0%: growing)	53.63%	0.00%	Compare
OFG OFG Bancorp	$2.2B	10.3×	9.8×	+2.40% (above 0%: growing)	+20.87% (above 0%: growing)	+41.84% (above 0%: growing)	82.69%	0.00%	Compare
NWBI Northwest Bancshares, Inc.	$2.2B	14.2×	10.3×	+18.20% (above 0%: growing)	+42.31% (above 0%: growing)	+538.73% (above 0%: growing)	75.69%	0.00%
WAFD WaFd, Inc.	$2.2B	9.1×	10.9×	+1.80% (above 0%: growing)	+16.44% (above 0%: growing)	+33.88% (above 0%: growing)	57.68%	0.00%	Compare
EFSC Enterprise Financial Services Corporation	$2.2B	11.8×	11.1×	+1.34% (above 0%: growing)	−19.12% (below 0%: shrinking)	+15.23% (above 0%: growing)	75.04%	0.00%	Compare
SRCE 1st Source Corporation	$2.1B	12.3×	11.1×	+3.88% (above 0%: growing)	+29.14% (above 0%: growing)	+16.78% (above 0%: growing)	75.70%	0.00%	Compare
FCF First Commonwealth Financial Corporation	$2.0B	12.4×	11.1×	+1.44% (above 0%: growing)	+37.50% (above 0%: growing)	−98.48% (below 0%: shrinking)	74.84%	0.00%	Compare
TBBK The Bancorp, Inc.	$2.0B	9.2×	9.1×	−9.61% (below 0%: shrinking)	+14.06% (above 0%: growing)	−31.16% (below 0%: shrinking)	79.72%	0.00%	Compare
Median of peers	$2.2B	11.1×	10.4×	+1.62%	+25.01%	+25.33%	74.94%	0.00%

All 323 Banks Regional stocks →

Northwest Bancshares, Inc. (NWBI) key facts

Strength: Northwest Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $878.9 million, up 16.2% from fiscal 2024.
Strength: Net income was $126.0 million, or $0.93 per share (basic), a net margin of 14.3%.
Northwest Bancshares, Inc. (NWBI) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, NWBI traded at $14.93, a market capitalization of $2.2 billion.
At that price the stock trades at 14.2× trailing-twelve-month earnings and 2.3× sales; its P/E is higher than 39% of its own readings over the past ten years.
Northwest Bancshares, Inc. pays an annual dividend of $0.80 per share, a yield of 5.36%, with a payout ratio of 77.7%.
Return on equity was 7.22% and debt-to-equity 0.44.
Its Piotroski F-score is 6 out of 9 for fiscal 2025.