Brief: Northwest Bancshares, Inc. Announces Branch Optimization Plan

Northwest Bancshares

14/09/2020 23:40

Northwest Bancshares Inc  NWBI.O :
    * NORTHWEST BANCSHARES, INC. ANNOUNCES BRANCH OPTIMIZATION
PLAN
    * NORTHWEST BANCSHARES INC - PLANS TO CLOSE 42 OF ITS 205
FULL-SERVICE OFFICES
    * NORTHWEST BANCSHARES - ANTICIPATES ABOUT $12 MILLION IN
PRE-TAX
COSTS WHICH ARE EXPECTED TO BE RECOGNIZED DURING SECOND HALF OF
2020
    * NORTHWEST BANCSHARES INC - ANNUAL REDUCTION IN PRE-TAX
OPERATING
EXPENSES BEGINNING IN 2021 ARE ESTIMATED TO BE ABOUT $13 MILLION

Source text for Eikon:  ID:nPn6tQBg2a 
Further company coverage:  NWBI.O