Northwest Bancshares Inc reports results for the quarter ended June 30 - Earnings Summary

Northwest Bancshares

29/07/2025 22:01

Northwest Bancshares Inc NWBI.OQ reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 27 cents.  The mean expectation of five analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 26 cents to 29 cents per share.

Revenue rose 11.8% to $119.44 million from a year ago; analysts expected $118.11 million.

Northwest Bancshares Inc's reported EPS for the quarter was 26 cents​.

The company reported quarterly net income of $33.68 million.

Northwest Bancshares Inc shares had fallen by 0.8% this quarter and lost 3.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 6.7% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "buy."

Wall Street's median 12-month price target for Northwest Bancshares Inc is $13.50, about 6.1% above its last closing price of $12.68

This summary was machine generated from LSEG data July 29 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.28
0.30
Beat
Mar. 31 2025
0.24
0.35
Beat
Dec. 31 2024
0.25
0.27
Beat
Sep. 30 2024
0.26
0.26
Met