Northwest Bancshares (NWBI) Financial Statements & Analysis

Northwest Bancshares (NWBI) Income Statement

Northwest Bancshares reported revenue of $876.99M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 16.3% from $754.09M a year earlier. Net income was $126.01M, up 25.7% year over year, a net margin of 14.4%. Gross margin was 68.3% and operating margin 18.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $180.50M, up 20.7% from the same quarter a year earlier.

Northwest Bancshares Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Northwest Bancshares, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	876.99	754.09	547.81	503.22	549.94	563.06	514.23	465.27	466.49
Cost of Revenue	277.87	258.12	175.11	56.43	11.46	126.32	79.57	57.47	47.82
Gross Profit	599.13	495.96	524.94	501.41	522.68	436.74	434.65	407.80	418.67
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	262.72	234.95	214.41	119.23	126.46	206.57	184.90	177.71	181.76
Operating Expenses	434.35	366.42	349.86	327.72	320.35	344.22	293.54	273.89	282.75
Operating Income	164.77	129.55	175.08	173.69	201.12	92.53	141.11	133.91	135.91
Other Income/Expense
Interest Income	748.33	667.31	585.05	448.07	418.10	433.09	416.32	375.33	358.61
Interest Expense	224.27	233.62	152.24	28.12	27.25	42.34	56.91	37.14	28.07
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	164.77	129.55	175.08	173.69	201.12	92.53	141.11	133.91	135.91
Income Tax Expense	38.76	29.27	40.12	40.03	46.80	17.67	30.68	28.42	41.44
Net Income	126.01	100.28	134.96	133.67	154.32	74.85	110.43	105.49	94.47
Net Income - Continuous Operations	126.01	100.28	134.96	133.67	154.32	74.85	110.43	105.49	94.47
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	164.91	150.89	199.58	6.45	6.63	97.26	144.94	142.03	150.20
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.14	21.34	3.27	6.45	5.55	4.74	3.82	8.12	14.29
Earnings Per Share
Basic EPS	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Diluted EPS	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Basic Shares Outstanding	146.70	126.93	127.32	126.17	126.18	120.24	104.88	102.07	101.02
Diluted Shares Outstanding	146.70	126.93	127.32	126.72	127.01	120.24	105.84	103.57	102.57

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Northwest Bancshares Financial Statements

What was Northwest Bancshares's revenue in fiscal 2025?

Northwest Bancshares reported revenue of $876.99M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 16.3% from $754.09M a year earlier.

Is Northwest Bancshares profitable?

Yes. Northwest Bancshares earned net income of $126.01M in fiscal 2025, a net margin of 14.4%. In fiscal 2024 it earned $100.28M.

What is Northwest Bancshares's operating margin?

Northwest Bancshares's operating income was $164.77M on revenue of $876.99M in fiscal 2025, an operating margin of 18.8%, compared with 17.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition