Northwest Bancshares FY26 Q2 net income rises 59% y/y to $54 million; net interest margin widens 19 bps y/y to 3.75%

Reuters2026/07/27 20:17

By:Reuters

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Northwest Bancshares posted Q2 GAAP net income of USD 54 million, up 59% year over year; diluted EPS rose to USD 0.36 from USD 0.26.
Net interest income climbed 23% year over year to USD 146.94 million; net interest margin widened 0.19 percentage points to 3.75%.
Noninterest income increased 10.6% year over year to USD 34.23 million; noninterest expense rose 6.9% to USD 104.28 million.
Provision for credit losses totaled USD 6.64 million; annualized net charge-offs were 0.15%, with nonperforming assets at 0.69%.
Quarterly dividend held at USD 0.20 per share, payable Aug. 18; CEO Louis J. Torchio cited 32% year-over-year CI loan growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northwest Bancshares Inc. published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Northwest Bancshares FY26 Q2 net income rises 59% y/y to $54 million; net interest margin widens 19 bps y/y to 3.75%

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