Northwest Bancshares, Inc. (FRA:NHS)

Stronghold Digital Mining Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	631.8	615.78	543.66	407.83	390.34	410.91
Interest Income on Investments	62.47	53.42	44.26	40.97	28.17	23.16
Total Interest Income	694.27	669.2	587.92	448.8	418.51	434.07
Interest Paid on Deposits	199.2	205.49	105.34	14.12	19.12	35.9
Interest Paid on Borrowings	22.3	28.13	46.9	14	8.12	6.44
Total Interest Expense	221.51	233.62	152.24	28.12	27.25	42.34
Net Interest Income	472.76	435.58	435.68	420.68	391.26	391.73
Net Interest Income Growth (YoY)	11.30%	-0.02%	3.57%	7.52%	-0.12%	8.67%
Trust Income	31.27	30.1	27.28	27.77	27.92	20.92
Mortgage Banking Activities	2.74	2.32	2.43	4.87	15.89	31.39
Gain (Loss) on Sale of Assets	11.87	11.87	6.19	-0.04	26.53	3.25
Gain (Loss) on Sale of Investments	-	-39.41	-8.31	-0.01	-0.18	0.24
Other Non-Interest Income	77.08	77.42	81.7	77.67	72.28	75.27
Total Non-Interest Income	127.19	87.01	113.82	110.85	142.89	132.27
Non-Interest Income Growth (YoY)	60.65%	-23.56%	2.68%	-22.42%	8.03%	33.05%
Revenues Before Loan Losses	599.95	522.59	549.51	531.53	534.15	523.99
Provision for Loan Losses	38.1	24.51	22.87	28.32	-15.79	83.98
Revenue	561.86	498.08	526.63	503.22	549.94	440.02
Revenue Growth (YoY)	14.22%	-5.42%	4.65%	-8.50%	24.98%	0.64%
Salaries and Employee Benefits	213.06	208.37	191.12	184.29	189.15	174.14
Federal Deposit Insurance	10.34	11.6	9.27	4.78	4.98	4.77
Amortization of Goodwill & Intangibles	2.06	2.45	3.27	4.28	5.55	6.86
Selling, General & Administrative	127.67	131.11	132.63	123.3	131.21	120.82
Other Non-Interest Expense	11.8	9.06	8.06	7.04	14.19	19.77
Total Non-Interest Expense	365.11	362.77	344.81	323.91	345.36	326.7
EBT Excluding Unusual Items	196.75	135.31	181.83	179.31	204.58	113.32
Pretax Income	186.49	129.55	175.08	173.69	201.12	92.53
Income Tax Expense	42.98	29.27	40.12	40.03	46.8	17.67
Net Income	143.5	100.28	134.96	133.67	154.32	74.85
Preferred Dividends & Other Adjustments	0.13	0.13	0.34	0.59	1.01	-
Net Income to Common	143.38	100.15	134.62	133.08	153.31	74.85
Net Income Growth	40.49%	-25.70%	0.97%	-13.39%	106.16%	-32.22%
Basic Shares Outstanding	129	127	127	126	126	120
Diluted Shares Outstanding	129	127	127	127	127	120
Shares Change (YoY)	1.04%	0.20%	0.21%	-0.22%	5.63%	13.61%
EPS (Basic)	1.12	0.79	1.06	1.05	1.22	0.62
EPS (Diluted)	1.11	0.79	1.06	1.05	1.21	0.62
EPS Growth	38.60%	-25.65%	0.95%	-13.22%	95.16%	-40.38%
Dividend Per Share	0.800	0.800	0.800	0.800	0.790	0.760
Dividend Growth	-	-	-	1.27%	3.95%	5.56%
Effective Tax Rate	23.05%	22.59%	22.92%	23.04%	23.27%	19.10%

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