See more : Jiangyin Hengrun Heavy Industries Co., Ltd (603985.SS) Income Statement Analysis – Financial Results
Complete financial analysis of Northwest Bancshares, Inc. (NWBI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Northwest Bancshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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Northwest Bancshares, Inc. (NWBI)
About Northwest Bancshares, Inc.
Northwest Bancshares, Inc. operates as the holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans and loans collateralized by multi-family residential and commercial real estate; commercial business loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by deposit accounts. The company also offers investment management and trust services. As of December 31, 2021, it operated 170 community-banking locations in Pennsylvania, Western New York, Eastern Ohio, and Indiana. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 526.63M | 529.72M | 506.89M | 520.72M | 457.31M | 428.13M | 438.42M | 390.26M | 328.84M | 316.60M | 318.41M | 321.45M | 325.41M | 319.58M | 284.59M | 276.29M | 228.04M | 223.49M | 0.00 | 215.78M | 197.63M | 167.54M | 145.82M | 127.16M | 118.90M | 97.69M | 88.51M | 78.80M | 70.60M | 67.30M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 526.63M | 529.72M | 506.89M | 520.72M | 457.31M | 428.13M | 438.42M | 390.26M | 328.84M | 316.60M | 318.41M | 321.45M | 325.41M | 319.58M | 284.59M | 276.29M | 228.04M | 223.49M | 0.00 | 215.78M | 197.63M | 167.54M | 145.82M | 127.16M | 118.90M | 97.69M | 88.51M | 78.80M | 70.60M | 67.30M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 204.96M | 206.46M | 212.63M | 198.87M | 177.90M | 169.28M | 172.16M | 161.90M | 137.26M | 132.87M | 132.24M | 130.51M | 126.55M | 146.78M | 143.91M | 126.90M | 84.22M | 78.61M | 0.00 | 70.82M | 65.06M | 55.14M | 48.18M | 43.57M | 38.03M | 35.01M | 28.33M | 26.00M | 21.80M | 22.30M |
| Selling & Marketing | 9.44M | 9.10M | 8.24M | 7.70M | 7.00M | 8.43M | 9.61M | 8.85M | 8.50M | 8.21M | 6.28M | 7.83M | 9.95M | 9.88M | 9.15M | 5.50M | 3.74M | 2.82M | 0.00 | 3.67M | 3.58M | 3.50M | 0.00 | 1.63M | 2.05M | 1.81M | 1.28M | 1.60M | 1.20M | 1.00M |
| SG&A | 214.41M | 215.55M | 220.87M | 206.57M | 184.90M | 177.71M | 181.76M | 170.75M | 145.76M | 141.08M | 138.53M | 138.33M | 136.50M | 156.65M | 153.06M | 132.40M | 87.96M | 81.43M | 0.00 | 74.50M | 68.64M | 58.64M | 48.18M | 45.20M | 40.08M | 36.81M | 29.61M | 27.60M | 23.00M | 23.30M |
| Other Expenses | 0.00 | -571.58M | -116.50M | -117.71M | -100.13M | -471.94M | -102.09M | -91.59M | -75.07M | 0.00 | 0.00 | -370.15M | 937.00K | 1.54M | 2.59M | 18.17M | -249.44M | -233.59M | 0.00 | -211.70M | -203.77M | -183.15M | -144.37M | -132.89M | -117.86M | -103.55M | -83.80M | -84.20M | -65.30M | -64.10M |
| Operating Expenses | 323.75M | -356.03M | 116.50M | 117.71M | 100.13M | -294.22M | 102.09M | 91.59M | 75.07M | 215.53M | 207.13M | -231.82M | 137.44M | 158.20M | 155.66M | 150.57M | -161.49M | -152.16M | 0.00 | -137.21M | -135.13M | -124.51M | -96.19M | -87.69M | -77.78M | -66.74M | -54.19M | -56.60M | -42.30M | -40.80M |
| Cost & Expenses | 323.75M | -356.03M | 350.27M | 446.85M | 371.57M | -294.22M | 329.38M | 310.49M | 290.17M | 215.53M | 207.13M | -231.82M | 137.44M | 158.20M | 155.66M | 150.57M | -161.49M | -152.16M | 0.00 | -137.21M | -135.13M | -124.51M | -96.19M | -87.69M | -77.78M | -66.74M | -54.19M | -56.60M | -42.30M | -40.80M |
| Interest Income | 585.05M | 448.07M | 418.10M | 433.09M | 416.32M | 375.33M | 358.61M | 344.26M | 316.75M | 303.62M | 312.73M | 337.74M | 359.23M | 370.57M | 364.46M | 388.66M | 396.03M | 368.57M | 0.00 | 321.82M | 300.23M | 282.52M | 274.50M | 269.43M | 239.72M | 206.59M | 175.76M | 153.50M | 135.10M | 118.30M |
| Interest Expense | 152.24M | 28.12M | 27.25M | 42.34M | 56.91M | 37.14M | 28.07M | 38.30M | 56.33M | 56.59M | 61.16M | 75.20M | 92.80M | 112.93M | 135.81M | 169.29M | 211.02M | 191.11M | 0.00 | 138.05M | 134.47M | 142.01M | 147.26M | 157.32M | 132.10M | 114.91M | 95.20M | 81.40M | 68.60M | 58.10M |
| Depreciation & Amortization | 24.50M | 15.88M | 17.65M | 18.76M | 18.24M | 17.95M | 19.16M | 15.42M | 8.96M | 9.87M | 8.95M | 9.47M | 7.79M | 14.77M | 15.35M | 18.39M | 10.18M | 9.49M | 0.00 | 12.00M | 20.16M | 11.01M | 13.20M | 12.82M | 9.83M | 6.00M | 4.10M | 800.00K | -100.00K | 200.00K |
| EBITDA | 0.00 | 180.14M | 207.76M | 97.26M | 144.94M | 142.03M | 133.02M | 86.74M | 100.86M | 93.63M | 101.71M | 99.39M | 98.80M | 95.82M | 55.00M | 83.53M | 76.73M | 80.82M | 0.00 | 0.00 | 82.66M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 34.01% | 40.99% | 18.68% | 31.69% | 33.17% | 34.26% | 22.23% | 29.64% | 29.57% | 31.94% | 30.83% | 30.36% | 29.98% | 19.33% | 30.23% | 33.65% | 36.16% | 0.00% | 41.98% | 41.83% | 32.25% | 43.08% | 41.13% | 42.85% | 37.83% | 43.41% | 29.19% | 39.94% | 39.67% |
| Operating Income | 202.88M | 173.69M | 201.12M | 92.53M | 141.11M | 133.91M | 135.91M | 71.32M | 88.50M | 83.76M | 92.76M | 89.63M | 91.01M | 81.05M | 39.65M | 65.14M | 66.55M | 71.33M | 0.00 | 78.58M | 62.50M | 43.03M | 49.62M | 39.48M | 41.11M | 30.96M | 34.32M | 22.20M | 28.30M | 26.50M |
| Operating Income Ratio | 38.53% | 32.79% | 39.68% | 17.77% | 30.86% | 31.28% | 31.00% | 18.27% | 26.91% | 26.46% | 29.13% | 27.88% | 27.97% | 25.36% | 13.93% | 23.58% | 29.19% | 31.92% | 0.00% | 36.41% | 31.62% | 25.68% | 34.03% | 31.04% | 34.58% | 31.69% | 38.77% | 28.17% | 40.08% | 39.38% |
| Total Other Income/Expenses | -27.81M | -21.93M | -28.47M | -52.54M | -28.43M | -23.97M | -29.12M | -15.42M | -30.90M | -21.86M | -19.21M | -9.76M | -937.00K | -2.77M | -4.26M | -1.00 | -1.98M | -3.12M | 0.00 | -150.05M | -10.60M | -153.02M | -2.24M | -170.14M | -141.93M | -120.91M | -99.30M | -82.20M | -68.50M | -58.30M |
| Income Before Tax | 175.08M | 173.69M | 201.12M | 92.53M | 141.11M | 133.91M | 135.91M | 71.32M | 88.50M | 83.76M | 92.76M | 89.63M | 91.01M | 81.05M | 39.65M | 65.14M | 66.55M | 71.33M | 0.00 | 78.58M | 62.50M | 43.03M | 47.39M | 39.48M | 41.11M | 30.96M | 34.32M | 22.20M | 28.30M | 26.50M |
| Income Before Tax Ratio | 33.24% | 32.79% | 39.68% | 17.77% | 30.86% | 31.28% | 31.00% | 18.27% | 26.91% | 26.46% | 29.13% | 27.88% | 27.97% | 25.36% | 13.93% | 23.58% | 29.19% | 31.92% | 0.00% | 36.41% | 31.62% | 25.68% | 32.50% | 31.04% | 34.58% | 31.69% | 38.77% | 28.17% | 40.08% | 39.38% |
| Income Tax Expense | 40.12M | 40.03M | 46.80M | 17.67M | 30.68M | 28.42M | 41.44M | 21.65M | 27.96M | 21.80M | 26.20M | 26.24M | 26.86M | 23.52M | 7.00M | 16.97M | 17.46M | 19.79M | 0.00 | 22.77M | 19.85M | 16.96M | 13.74M | 12.70M | 13.91M | 10.91M | 13.00M | 8.50M | 10.80M | 10.20M |
| Net Income | 134.96M | 133.67M | 154.32M | 74.85M | 110.43M | 105.49M | 94.47M | 49.67M | 60.54M | 61.96M | 66.56M | 63.39M | 64.15M | 57.52M | 32.65M | 48.17M | 49.10M | 51.54M | 0.00 | 55.80M | 42.65M | 26.06M | 35.88M | 26.78M | 27.20M | 20.04M | 21.32M | 13.70M | 17.50M | 16.30M |
| Net Income Ratio | 25.63% | 25.23% | 30.44% | 14.38% | 24.15% | 24.64% | 21.55% | 12.73% | 18.41% | 19.57% | 20.90% | 19.72% | 19.71% | 18.00% | 11.47% | 17.44% | 21.53% | 23.06% | 0.00% | 25.86% | 21.58% | 15.56% | 24.61% | 21.06% | 22.88% | 20.52% | 24.09% | 17.39% | 24.79% | 24.22% |
| EPS | 1.06 | 1.05 | 1.22 | 0.62 | 1.05 | 1.03 | 0.94 | 0.50 | 0.64 | 0.68 | 0.74 | 0.68 | 0.64 | 0.53 | 0.30 | 0.44 | 0.44 | 0.46 | 0.00 | 0.49 | 0.39 | 0.24 | 0.34 | 0.25 | 0.26 | 0.19 | 0.20 | 0.13 | 0.17 | 0.10 |
| EPS Diluted | 1.06 | 1.05 | 1.21 | 0.62 | 1.04 | 1.02 | 0.92 | 0.49 | 0.64 | 0.67 | 0.73 | 0.68 | 0.64 | 0.53 | 0.30 | 0.44 | 0.44 | 0.46 | 0.00 | 0.48 | 0.39 | 0.24 | 0.33 | 0.25 | 0.25 | 0.19 | 0.20 | 0.13 | 0.17 | 0.10 |
| Weighted Avg Shares Out | 127.32M | 126.17M | 126.18M | 120.24M | 104.88M | 102.07M | 101.02M | 99.44M | 94.31M | 91.54M | 90.63M | 93.91M | 99.80M | 108.31M | 109.08M | 108.82M | 110.47M | 112.58M | 0.00 | 114.14M | 109.05M | 108.60M | 106.23M | 105.70M | 105.53M | 107.37M | 104.29M | 102.75M | 103.62M | 103.95M |
| Weighted Avg Shares Out (Dil) | 126.99M | 126.72M | 127.01M | 120.24M | 105.84M | 103.57M | 102.56M | 100.66M | 94.83M | 92.27M | 91.47M | 94.20M | 100.18M | 108.93M | 109.46M | 109.35M | 111.58M | 112.58M | 0.00 | 115.19M | 110.30M | 110.64M | 107.65M | 107.59M | 107.38M | 107.37M | 106.61M | 102.75M | 103.62M | 103.95M |
Northwest Bancshares: An Attractive Valuation And A Sizable Dividend Yield
The operational outlook looks modestly positive which should support consistent, if not improved, profitability metrics. Modest improvement in core revenue trends should support a higher valuation level in the coming quarters.
Northwest Bancshares (NWBI) Q2 Earnings and Revenues Beat Estimates
Northwest Bancshares (NWBI) delivered earnings and revenue surprises of 31.03% and 11.33%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
3 Small Bank Stocks With Big Dividends
These banks may fly more under the radar, but most of them are well run and have strong dividend yields.
Northwest Bancshares: Attractive Dividend Yield With A Positive Earnings Outlook
Anticipated loan growth and repricing of costly time deposits will likely drive net interest income in the year ahead. The provision expense will likely return to a normal level because the allowances for loan losses appear sufficient.
J.D. Power Ranks Northwest Bank Highest Retail Banking Customer Satisfaction in Pennsylvania
WARREN, Pa., May 4, 2021 /PRNewswire/ -- Northwest Bank (NASDAQ: NWBI) ranks highest in customer satisfaction in Pennsylvania, according to the J.D.
USI Insurance Services Completes Acquisition of Insurance Business Offered Through Northwest Insurance Services
New Partnership Expands USI's Commercial, Employee Benefit and Personal Risk Expertise New Partnership Expands USI's Commercial, Employee Benefit and Personal Risk Expertise
Northwest Bancshares (NWBI) Beats Q1 Earnings Estimates
Northwest Bancshares (NWBI) delivered earnings and revenue surprises of 14.29% and -2.04%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Should You Buy Northwest Bancshares (NWBI) Ahead of Earnings?
Northwest Bancshares (NWBI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Is Northwest Bancshares (NWBI) a Good Value Investor Stock?
Let's see if Northwest Bancshares (NWBI) stock is a good choice for value-oriented investors right now from multiple angles.
Northwest Bancshares (NWBI) to Divest Insurance Business Unit
Northwest Bank, subsidiary of Northwest Bancshares (NWBI), announces agreement to sell insurance business to USI Insurance Services.
Source: https://incomestatements.info
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