Northwest Bancshares, Inc. (NWBI)

Northwest Bancshares Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	526.63	503.22	549.94	440.02	437.21
Revenue Growth (YoY)	4.65%	-8.50%	24.98%	0.64%	6.63%
Gross Profit	526.63	503.22	549.94	440.02	437.21
Selling, General & Admin	323.75	307.59	320.35	294.95	267.67
Other Operating Expenses	27.81	21.93	28.47	52.54	28.43
Operating Expenses	351.55	329.52	348.82	347.49	296.1
Operating Income	175.08	173.69	201.12	92.53	141.11
Pretax Income	175.08	173.69	201.12	92.53	141.11
Income Tax	40.12	40.03	46.8	17.67	30.68
Net Income	134.96	133.67	154.32	74.85	110.43
Net Income Growth	0.97%	-13.39%	106.17%	-32.22%	4.68%
Shares Outstanding (Basic)	127	127	127	128	107
Shares Change	0.09%	0.34%	-0.97%	19.81%	3.26%
EPS (Basic)	1.06	1.05	1.22	0.62	1.05
EPS (Diluted)	1.06	1.05	1.21	0.62	1.04
EPS Growth	0.95%	-13.22%	95.16%	-40.38%	1.96%
Free Cash Flow	84.33	171.11	187.94	128.18	116.56
Free Cash Flow Per Share	0.66	1.35	1.49	1.00	1.09
Dividend Per Share	0.800	0.800	0.790	0.760	0.720
Dividend Growth	0%	1.27%	3.95%	5.56%	5.88%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	33.24%	34.52%	36.57%	21.03%	32.28%
Profit Margin	25.63%	26.56%	28.06%	17.01%	25.26%
Free Cash Flow Margin	16.01%	34.00%	34.17%	29.13%	26.66%
Effective Tax Rate	22.92%	23.04%	23.27%	19.10%	21.74%
EBITDA	199.58	180.14	207.76	97.26	144.94
EBITDA Margin	37.90%	35.80%	37.78%	22.10%	33.15%
Depreciation & Amortization	24.5	6.45	6.63	4.74	3.82
EBIT	175.08	173.69	201.12	92.53	141.11
EBIT Margin	33.24%	34.52%	36.57%	21.03%	32.28%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).