Northwest Bancshares(NWBI) - 2024 Q3 - Quarterly Results

EXHIBIT 99.1 PRESS RELEASE OF NORTHWEST BANCSHARES, INC. EARNINGS RELEASE FOR IMMEDIATE RELEASE Contact: Louis J. Torchio, President and Chief Executive Officer Douglas M. Schosser, Chief Financial Officer (814) 726-2140 Northwest Bancshares, Inc. Announces Third Quarter 2024 net income of $34 million, or $0.26 per diluted share Net interest margin expands 13 basis points to 3.33%, inclusive of 4bps from an interest recovery Average deposits grew $10 million while cost of funds remained stable Noninterest e ...