Northwest Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	681.32	615.78	543.66	407.83	390.34
Interest Income on Investments	68.35	53.42	44.26	40.97	28.17
Total Interest Income	749.67	669.2	587.92	448.8	418.51
Interest Paid on Deposits	198.98	205.49	105.34	14.12	19.12
Interest Paid on Borrowings	25.29	28.13	46.9	14	8.12
Total Interest Expense	224.27	233.62	152.24	28.12	27.25
Net Interest Income	525.4	435.58	435.68	420.68	391.26
Net Interest Income Growth (YoY)	20.62%	-0.02%	3.57%	7.52%	-0.12%
Trust Income	32.31	30.1	27.28	27.77	27.92
Mortgage Banking Activities	3.15	2.32	2.43	4.87	15.89
Gain (Loss) on Sale of Assets	-	11.87	6.19	-0.04	26.53
Gain (Loss) on Sale of Investments	0.18	-39.41	-8.31	-0.01	-0.18
Other Non-Interest Income	90.17	77.42	81.7	77.67	72.28
Total Non-Interest Income	129.27	87.01	113.82	110.85	142.89
Non-Interest Income Growth (YoY)	48.57%	-23.56%	2.68%	-22.42%	8.03%
Revenues Before Loan Losses	654.67	522.59	549.51	531.53	534.15
Provision for Loan Losses	55.58	24.51	22.87	28.32	-15.79
Revenue	599.09	498.08	526.63	503.22	549.94
Revenue Growth (YoY)	20.28%	-5.42%	4.65%	-8.50%	24.98%
Salaries and Employee Benefits	237.91	208.37	191.12	184.29	189.15
Federal Deposit Insurance	11.52	11.6	9.27	4.78	4.98
Amortization of Goodwill & Intangibles	5.17	2.45	3.27	4.28	5.55
Selling, General & Administrative	125.27	131.11	132.63	123.3	131.21
Other Non-Interest Expense	13.64	9.06	8.06	7.04	14.19
Total Non-Interest Expense	393.51	362.77	344.81	323.91	345.36
EBT Excluding Unusual Items	205.58	135.31	181.83	179.31	204.58
Pretax Income	162.79	129.55	175.08	173.69	201.12
Income Tax Expense	36.78	29.27	40.12	40.03	46.8
Net Income	126.01	100.28	134.96	133.67	154.32
Preferred Dividends & Other Adjustments	-	0.13	0.34	0.59	1.01
Net Income to Common	126.01	100.15	134.62	133.08	153.31
Net Income Growth	25.66%	-25.70%	0.97%	-13.39%	106.16%
Basic Shares Outstanding	135	127	127	126	126
Diluted Shares Outstanding	136	127	127	127	127
Shares Change (YoY)	7.13%	0.20%	0.21%	-0.22%	5.63%
EPS (Basic)	0.93	0.79	1.06	1.05	1.22
EPS (Diluted)	0.92	0.79	1.06	1.05	1.21
EPS Growth	16.74%	-25.65%	0.95%	-13.22%	95.16%
Dividend Per Share	0.800	0.800	0.800	0.800	0.790
Dividend Growth	-	-	-	1.27%	3.95%
Effective Tax Rate	22.59%	22.59%	22.92%	23.04%	23.27%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.