Northwest Bancshares Q3 2025 Earnings Release

Northwest Bancshares, Inc. announced its financial results for the third quarter of 2025, reporting a GAAP net income of $3 million, or $0.02 per diluted share. This represents a significant decrease compared to the previous quarter and the same quarter last year, where net income was $34 million, or $0.26 per diluted share. The company's total revenue for the quarter reached a record $168 million, reflecting a 21% growth over the prior year quarter. The decrease in net income was primarily driven by a $31 million decline compared to the previous quarter and the same quarter last year. The company also completed its acquisition of Penns Woods Bancorp, Inc., which added $2.2 billion in total assets, including $1.8 billion in loans. Additionally, the company declared a quarterly cash dividend of $0.20 per share, marking the 124th consecutive quarter of dividend payments.