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 ...

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 ...

EXHIBIT 99.1 PRESS RELEASE OF NORTHWEST BANCSHARES, INC. EARNINGS RELEASE FOR IMMEDIATE RELEASE Northwest Bancshares, Inc. Announces Third Quarter 2025 GAAP net income of $3 million, or $0.02 per diluted share Year to date EPS of $0.61 per diluted share, 15% growth from the prior year Record total revenue of $168 million, 21% growth over prior year quarter Columbus, Ohio — October 27, 2025 Northwest Bancshares, Inc., (the "Company"), (Nasdaq: NWBI) announced net income for the quarter ended September 30, 20 ...

Accessibility StatementSkip Navigation Year to date EPS of $0.61 per diluted share, 15% growth from the prior year Record total revenue of $168 million, 21% growth over prior year quarter COLUMBUS, Ohio, Oct. 27, 2025 /PRNewswirel -- Â Northwest Bancshares, Inc., (the "Company") (Nasdaq: NWBI) announced net income for the quarter ended September 30, 2025 of $3 million, or $0.02 per diluted share. This represents a decrease of $31 million compared to the prior quarter and same quarter last year, when net inc ...

Core Viewpoint - Northwest Bancshares (NWBI) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The earnings report is scheduled for release on October 27, and better-than-expected key numbers could lead to a stock price increase, while a miss could result in a decline [2]. - The consensus estimate for quarterly earnings is $0.29 per share, reflecting an 11.5% year-over-year increase, with expected revenues of $167.1 million, up 20.1% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - The Most Accurate Estimate for Northwest Bancshares is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.86%, suggesting a bearish sentiment among analysts [12]. Earnings Surprise History - In the last reported quarter, Northwest Bancshares was expected to post earnings of $0.29 per share but actually delivered $0.30, resulting in a surprise of +3.45% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Comparative Industry Analysis - WSFS Financial, another player in the Zacks Financial - Savings and Loan industry, is expected to report earnings per share of $1.26 for the same quarter, indicating a year-over-year change of +16.7% [18]. - WSFS's revenues are projected to be $267 million, down 0.3% from the previous year, with an Earnings ESP of +2.11%, suggesting a higher likelihood of beating the consensus EPS estimate [19].

Market Overview - U.S. stocks experienced a decline, with the Nasdaq Composite dropping over 800 points during the session due to President Trump's tariff threats on Chinese imports [1] - The S&P 500 fell by 2.4% last week, while the Dow recorded a 2.7% weekly decline [1] Analyst Insights - Wall Street analysts frequently update stock picks, but their track records in predicting market movements vary significantly, leading to investor confusion [2] - Benzinga's Analyst Ratings API compiles high-quality stock ratings from major sell-side banks, providing insights that can serve as effective trading indicators for outperforming the stock market [3] Top Analyst Picks - Benzinga provides access to the latest analyst ratings, allowing traders to sort by analyst accuracy [4] - Notable analysts and their recent ratings include: - Thomas O'Malley from Needham maintained a Buy rating on CleanSpark, Inc. (NASDAQ: CLSK) with a price target increase from $21 to $23, indicating a potential upside of around 14% [5] - Citigroup's analyst maintained a Buy rating on Dell Technologies Inc. (NYSE: DELL) and raised the price target from $160 to $175, suggesting a potential upside of approximately 13% [5] - Jones Trading initiated coverage on FTAI Aviation Ltd. (NASDAQ: FTAI) with a Buy rating and a price target of $306, expecting a 91% surge in the stock [5] - Truist Securities initiated coverage on Northwest Bancshares, Inc. (NASDAQ: NWBI) with a Buy rating and a price target of $15, anticipating a 24% gain [5] - Barclays maintained an Overweight rating on Credo Technology Group Holding Ltd (NASDAQ: CRDO) with a price target of $165, expecting a 13% gain [7]

Core Points - Northwest Bancshares, Inc. will host a conference call to discuss third quarter 2025 financial results on October 28 at 9:00 a.m. EDT [1] - Financial results and supporting data will be released after market close on October 27 [1] Conference Call / Webcast Information - The live audio webcast and presentation slides will be available in the Investor Relations section of the company's website [2] - The public can register for the conference call through a provided link and will receive instructions for calendar event download and email reminders [2] Additional Information - Northwest Bancshares, Inc. is headquartered in Columbus, Ohio, and operates as the bank holding company for Northwest Bank, which was founded in 1896 [4] - The bank offers a complete line of business and personal banking products, employee benefits, and wealth management services, with 151 full-service financial centers and eleven drive-up facilities across Pennsylvania, New York, Ohio, and Indiana [4] - The company's common stock is listed on the NASDAQ Global Select Market under the ticker "NWBI" [4]

Core Viewpoint - The article discusses seven low beta stocks with dividend yields up to 8%, which are considered more stable during market downturns, providing a cushion against volatility [2][3]. Group 1: Low-Beta Dividend Stocks - Getty Realty (GTY) offers a 6.6% yield with a 5-year beta of 0.86 and a 1-year beta of 0.12, indicating lower volatility compared to the market. The company has a stable cash-flowing tenant base, primarily from convenience stores and car washes [5][7]. - AES Corp. (AES) has a 5.5% yield and operates with a 1-year beta of 0.88 and a 5-year beta of 0.96. It combines traditional utility services with renewable energy sales, providing growth potential [9][10]. - Northwest Bancshares (NWBI) offers a 6.8% yield with a 5-year beta of 0.69 and a 1-year beta of 0.80. The company has a solid balance sheet but faces challenges in consistent growth despite a recent merger [11][12]. - Conagra Brands (CAG) has a yield of 7.4% but faces significant challenges, including supply chain issues and food inflation, with a 1-year beta of -0.05 and a 5-year beta of 0.08 [17][21]. - Cal-Maine Foods (CALM) boasts an 8.0% yield and has seen a 60% increase year-to-date, with a 1-year beta of 0.67 and a 5-year beta of 0.19. The company has benefited from rising egg prices but faces income variability [23][24]. Group 2: Market Performance and Trends - The article highlights that low beta stocks tend to attract buyers during market downturns, which can help stabilize their share prices [3]. - The performance of low beta stocks like Kraft Heinz (KHC) and General Mills (GIS) has been disappointing, with low betas reflecting counter-market movements rather than stability [14][15]. - The overall trend indicates that while some low beta stocks have maintained dividends, their growth has been limited, and challenges remain in the current market environment [16][22].

PART I FINANCIAL INFORMATION [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) The company reported increased total assets and significantly higher Q2 2025 net income, with a major merger completed post-quarter Consolidated Statements of Financial Condition (Balance Sheet) | (in thousands) | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Total Assets** | **$14,485,107** | **$14,408,224** | | Total cash and marketable securities | $2,181,519 | $2,147,908 | | Loans receivable, net | $11,212,665 | $11,063,195 | | Goodwill | $380,997 | $380,997 | | **Total Liabilities** | **$12,843,039** | **$12,811,368** | | Total deposits | $12,201,029 | $12,144,554 | | Borrowed funds | $198,008 | $200,331 | | **Total Shareholders' Equity** | **$1,642,068** | **$1,596,856** | Consolidated Statements of Income Highlights | (in thousands, except EPS) | Q2 2025 | Q2 2024 | Six Months 2025 | Six Months 2024 | | :--- | :--- | :--- | :--- | :--- | | Net Interest Income | $119,444 | $106,841 | $247,262 | $210,079 | | Provision for credit losses - loans | $11,456 | $2,169 | $19,712 | $6,403 | | Noninterest Income | $30,938 | $(8,849) | $59,293 | $19,114 | | Noninterest Expense | $97,540 | $92,420 | $189,277 | $182,444 | | **Net Income** | **$33,675** | **$4,747** | **$77,133** | **$33,910** | | **Diluted EPS** | **$0.26** | **$0.04** | **$0.60** | **$0.27** | Consolidated Statements of Cash Flows Highlights (Six Months Ended June 30) | (in thousands) | 2025 | 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $105,285 | $111,357 | | Net cash used in investing activities | $(135,955) | $87,662 | | Net cash provided by financing activities | $9,367 | $(92,846) | | **Net (decrease)/increase in cash** | **$(21,303)** | **$106,173** | - On July 25, 2025, the Company completed its merger with Penns Woods Bancorp, Inc. for a total estimated consideration of **$234 million**, expected to increase total assets to approximately **$17 billion**[126](index=126&type=chunk)[128](index=128&type=chunk) [Notes to Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) Notes detail marketable securities, loan portfolio, credit losses, and the impact of the Penns Woods Bancorp merger Marketable Securities Portfolio (June 30, 2025) | (in thousands) | Amortized Cost | Fair Value | | :--- | :--- | :--- | | **Available-for-Sale** | **$1,341,651** | **$1,194,883** | | U.S. government and agencies | $43,461 | $34,930 | | Mortgage-backed securities | $1,199,472 | $1,071,192 | | **Held-to-Maturity** | **$719,561** | **$628,936** | | U.S. government-sponsored enterprises | $124,463 | $113,867 | | Mortgage-backed securities | $595,098 | $515,069 | - Unrealized losses on investment securities totaled **$242.0 million** as of June 30, 2025, primarily attributed to changes in the interest rate environment rather than credit quality, with no intent or requirement to sell before recovery[23](index=23&type=chunk)[24](index=24&type=chunk) Loan Portfolio Composition | (in thousands) | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Personal Banking** | **$6,420,921** | **$6,322,750** | | Residential mortgage | $3,052,126 | $3,178,269 | | Vehicle loans | $2,084,500 | $1,870,843 | | **Commercial Banking** | **$4,920,903** | **$4,857,264** | | Commercial real estate | $2,418,992 | $2,495,726 | | Commercial loans | $2,138,499 | $2,007,402 | | **Total Loans Receivable, Gross** | **$11,341,824** | **$11,180,014** | - The allowance for credit losses (ACL) increased to **$129.2 million** at June 30, 2025, from **$116.8 million** at December 31, 2024, with a provision for credit losses of **$19.7 million** for the first six months of 2025[31](index=31&type=chunk) - Nonaccrual loans significantly increased to **$102.4 million** as of June 30, 2025, compared to **$61.4 million** at December 31, 2024, driven by commercial real estate and commercial loans[33](index=33&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=46&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the significant increase in Q2 2025 net income, driven by improved interest and noninterest income, loan growth, and strong capital [Comparison of Financial Condition](index=49&type=section&id=Comparison%20of%20Financial%20Condition) Total assets increased to **$14.5 billion** due to loan growth and deposit increases, while capital ratios remained strong - Gross loans receivable increased by **$162 million** from year-end 2024, led by organic growth in the vehicle loan portfolio (+$214 million) and the commercial and industrial (C&I) loan portfolio (+$131 million)[142](index=142&type=chunk) - Total deposits increased by **$56 million**, driven by a **$145 million** rise in money market accounts and a **$40 million** increase in savings deposits, as customers shifted funds from maturing time deposits[143](index=143&type=chunk)[144](index=144&type=chunk) Uninsured Deposits (June 30, 2025) | (in thousands) | Balance | % of Total Deposits | | :--- | :--- | :--- | | Uninsured deposits per Call Report | $3,274,416 | 26.8% | | Less: Intercompany & Collateralized | $1,727,231 | 14.1% | | **Adjusted Uninsured Deposits** | **$1,547,185** | **12.7%** | Regulatory Capital Ratios (Company) | Ratio | June 30, 2025 | Minimum Requirement* | | :--- | :--- | :--- | | CET1 Capital | 12.84% | 7.00% | | Tier 1 Capital | 14.01% | 8.50% | | Total Capital | 16.32% | 10.50% | | Tier 1 Leverage | 10.55% | 4.00% | *Includes capital conservation buffer [Comparison of Operating Results](index=55&type=section&id=Comparison%20of%20Operating%20Results) Q2 2025 net income surged from increased net interest and noninterest income, despite higher credit loss provisions and acquisition costs - Net income for Q2 2025 was **$34 million**, a **609% increase** from **$5 million** in Q2 2024, primarily due to higher net interest income and the absence of a significant loss on investment sales in the prior year[178](index=178&type=chunk) - Net interest income (FTE) for Q2 2025 increased by **$13 million (12%)** year-over-year, with the net interest margin (FTE) expanding by **36 basis points** to **3.56%**, driven by higher earning asset yields and lower interest expense on borrowings[182](index=182&type=chunk) - The provision for credit losses increased by **$9 million** from Q2 2024, primarily driven by downgrades within the commercial real estate portfolio[208](index=208&type=chunk)[209](index=209&type=chunk) - Noninterest expense increased by **$5 million (6%)** from Q2 2024, mainly due to a **$4 million** increase in acquisition expenses related to the Penns Woods merger[219](index=219&type=chunk) [Quantitative and Qualitative Disclosures about Market Risk](index=66&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) Interest rate risk is managed by ALCO, with simulations projecting rate change impacts on net income and equity within policy limits Interest Rate Sensitivity Analysis (Simulated 12-Month Impact) | Parallel Rate Shift | % Change in Net Income | % Change in Market Value of Equity | | :--- | :--- | :--- | | +300 bps | (9.1)% | (13.9)% | | +200 bps | (5.7)% | (9.2)% | | +100 bps | (2.5)% | (4.4)% | | -100 bps | (1.3)% | +2.4% | | -200 bps | (11.1)% | +1.2% | | -300 bps | (15.7)% | +1.1% | - The company manages interest rate risk through its ALCO Committee, which monitors the balance sheet structure, pricing, and cash flows, with quarterly oversight from the Board's Risk Management Committee[226](index=226&type=chunk)[227](index=227&type=chunk) [Controls and Procedures](index=67&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that the company's disclosure controls and procedures were effective as of June 30, 2025, with no material changes to internal controls - Based on an evaluation as of June 30, 2025, the Principal Executive Officer and Principal Financial Officer concluded that the company's disclosure controls and procedures were effective[233](index=233&type=chunk) PART II OTHER INFORMATION [Legal Proceedings](index=67&type=section&id=Item%201.%20Legal%20Proceedings) The company does not anticipate any pending or threatened legal proceedings will have a material adverse effect on its consolidated financial statements - The company does not expect any pending legal proceedings to result in a material adverse effect on its financial statements[235](index=235&type=chunk) [Risk Factors](index=67&type=section&id=Item%201A.%20Risk%20Factors) There have been no material updates or additions to the risk factors previously disclosed in the company's Annual Report on Form 10-K for 2024 - No material changes to the risk factors disclosed in the 2024 Form 10-K have occurred[236](index=236&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=68&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company did not repurchase any shares of its common stock during Q2 2025, with **2,261,130** shares remaining available for repurchase - No shares were repurchased during Q2 2025. The company has authorization to repurchase up to **2,261,130** additional shares under its current program[237](index=237&type=chunk) [Exhibits](index=69&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including CEO and CFO certifications and XBRL data files

Group 1 - The core focus of Quad 7 Capital is to provide investment opportunities through their BAD BEAT Investing platform, emphasizing both long and short trades [1] - The team consists of 7 analysts with diverse expertise in business, policy, economics, mathematics, game theory, and sciences, aiming to educate investors on proficient trading [1] - Since May 2020, the company has maintained an average position of 95% long and 5% short, showcasing their strategic approach to market conditions [1] Group 2 - BAD BEAT Investing offers various benefits, including weekly well-researched trade ideas, access to multiple chat rooms, and daily summaries of key analyst upgrades and downgrades [2] - The platform also provides education on basic options trading and extensive trading tools to enhance investor knowledge and execution [2]