Core Viewpoint - Northwest Bancshares, Inc. will host a conference call to discuss its first quarter 2025 financial results on April 29, 2025, at 9:00 a.m. EDT, with results released after market close on April 28, 2025 [1]. Group 1: Conference Call Details - The conference call will be available via a live audio webcast, and presentation slides will be accessible in the Investor Relations section of the company's website [2]. - The public can register for the conference call through a specified link, receiving instructions for calendar downloads and email reminders [2]. - Participants are encouraged to join 15 minutes prior to the call, and a replay of the webcast will be archived on the company's website [3]. Group 2: Company Overview - Northwest Bancshares, Inc. is headquartered in Columbus, Ohio, and serves as the bank holding company for Northwest Bank, which was founded in 1896 [4]. - Northwest Bank is a full-service financial institution offering a wide range of business and personal banking products, as well as employee benefits and wealth management services [4]. - The company operates 130 full-service financial centers and eleven free-standing drive-up facilities across Pennsylvania, New York, Ohio, and Indiana [4]. - Northwest Bancshares, Inc.'s common stock is listed on the NASDAQ Global Select Market under the ticker symbol "NWBI" [4].

NEW YORK, March 19, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Northwest Bancshares, Inc. (NASDAQ: NWBI) on behalf of the company's shareholders.  The investigation seeks to determine whether Northwest Bancshares's directors breached their fiduciary duties in connection with recent corporate actions.If you are a shareholder of Northwest Bancshares, Inc. and are interested in obtaining additional information regarding your rights and options, free of charge, please visit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the Fiscal Year Ended December 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the transition period from _____ to _____ Commission File No. 001-34582 Securities Registered Pursuant to Section 12(b) of the Act: Common Stock, $0.01 Par Value NWBI The Nasdaq Stock Market, LLC Sec ...

The Pioneer Of Seeking Alpha's BAD BEAT Investing, Quad 7 Capital is a team of 7 analysts with a wide range of experience sharing investment opportunities for nearly 12 years. They are best known for their February 2020 call to sell everything & go short, & have been on average 95% long 5% short since May 2020. The broader company has expertise in business, policy, economics, mathematics, game theory, & the sciences. They share both long & short trades & invest personally in equities they discuss within the ...

Financial Data and Key Metrics Changes - The company reported solid returns in the fourth quarter, indicating a significant improvement in net interest income [6]. Business Line Data and Key Metrics Changes - Specific details regarding changes in various business lines were not provided in the available content. Market Data and Key Metrics Changes - Information on market data and key metrics changes was not included in the provided content. Company Strategy and Development Direction and Industry Competition - The company expressed satisfaction with its core financial performance, suggesting a focus on maintaining strong operational results [6]. Management's Comments on Operating Environment and Future Outlook - Management highlighted a positive outlook for the future, emphasizing the solid returns achieved in the fourth quarter [6]. Other Important Information - The call included a mention of a supplemental earnings release presentation available on the Investor Relations website, indicating transparency and accessibility of financial information [5]. Q&A Session Summary - No specific questions and answers from the Q&A session were provided in the available content.

Fourth Quarter 2024 Earnings Conference Call January 24, 2025 Louis J. Torchio T.K. Creal President and Chief Executive Officer Chief Credit Officer Douglas M. Schosser Michael D. Perry Chief Financial Officer Investor Relations Sean P. Morrow Treasurer Corporate Development & Strategy Forward-looking Statements and Additional Information The information contained in this presentation may contain forward-looking statements. When used or incorporated by reference in disclosure documents, the words "believe," ...

Northwest Bancshares (NWBI) reported $154.26 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 13.9%. EPS of $0.27 for the same period compares to $0.24 a year ago.The reported revenue represents a surprise of +9.40% over the Zacks Consensus Estimate of $141.01 million. With the consensus EPS estimate being $0.26, the EPS surprise was +3.85%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...

Group 1 - Northwest Bancshares reported quarterly earnings of $0.27 per share, exceeding the Zacks Consensus Estimate of $0.26 per share, and up from $0.24 per share a year ago, representing an earnings surprise of 3.85% [1] - The company posted revenues of $154.26 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 9.40%, compared to year-ago revenues of $135.47 million [2] - The stock has underperformed the market with a loss of about 0.1% since the beginning of the year, while the S&P 500 has gained 4% [3] Group 2 - The current consensus EPS estimate for the coming quarter is $0.24 on revenues of $140.65 million, and for the current fiscal year, it is $1.09 on revenues of $625.42 million [7] - The Zacks Industry Rank for Financial - Savings and Loan is currently in the top 12% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Northwest Bancshares has a Zacks Rank of 1 (Strong Buy), suggesting that the shares are expected to outperform the market in the near future [6]

EXHIBIT 99.1 PRESS RELEASE OF NORTHWEST BANCSHARES, INC. EARNINGS RELEASE FOR IMMEDIATE RELEASE Adjusted net income (non-GAAP) of $35 million, or $0.27 per diluted share Filed by Northwest Bancshares, Inc. Pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934 Net interest margin expands 9 basis points to 3.42%, inclusive of 6bps from an interest recovery Subject Company: Penns Woods Bancorp, Inc. Commission File No. 0-17077 E ...

Core Insights - Northwest Bancshares, Inc. reported an adjusted net income of $35 million, or $0.27 per diluted share for the quarter ended December 31, 2024, reflecting a $1 million increase from the prior quarter [2] - The company declared its 121st consecutive quarterly dividend of $0.20 per share, representing an annualized dividend yield of approximately 6.1% [3] - The company announced an agreement to acquire Penns Woods Bancorp, Inc., expected to close in the third quarter of 2025, which will enhance its market position [5] Financial Performance - Net income for the quarter was $33 million, or $0.26 per diluted share, an increase from $29 million, or $0.23 per diluted share in the same quarter last year [1] - The annualized returns on average shareholders' equity and average assets for the quarter were 8.20% and 0.91%, respectively, compared to 7.64% and 0.80% for the same quarter last year [1] - The efficiency ratio improved to 61.8% [1] Income Statement Highlights - Interest income for the quarter was $170.7 million, with net interest income at $114.2 million, reflecting a 2.6% increase from the prior quarter [7] - The net interest margin expanded to 3.42%, up from 3.33% in the previous quarter [7] - Noninterest income increased to $40.1 million, a 43.9% increase from the previous quarter [12] Provision for Credit Losses - The total provision for credit losses was $16.6 million, significantly higher than $4.9 million in the prior quarter, driven by elevated charge-offs [10][11] - Net charge-offs to average loans, annualized, were 0.87% [10] Balance Sheet Highlights - Average loans receivable decreased by $47 million from the previous year, while average deposits grew by $232 million [8] - Total assets as of December 31, 2024, were $14.4 billion, with total liabilities at $12.8 billion [23] Strategic Initiatives - The company is focusing on commercial banking and deposit growth, which has led to an increase in average commercial and industrial loans [4] - The acquisition of Penns Woods Bancorp is part of the long-term growth strategy to enhance market presence [5]