Northwest Bancshares Q1 net income rises to $43 million, or $0.34 per diluted share
Northwest Bancshares reported first-quarter 2025 net income of $43 million, or $0.34 per diluted share, up from $29 million, or $0.23, a year earlier and $33 million, or $0.26, in the fourth quarter of 2024. Results included a $13.1 million interest recovery on a non-accrual commercial loan payoff, and the company said all regulatory and shareholder approvals for its Penns Woods merger have been received.
Key points
- Net income of $43 million, or $0.34 per diluted share, for the quarter ended March 31, 2025, versus $29 million, or $0.23, a year earlier
- Net interest margin of 3.87%, up from 3.42% in the fourth quarter of 2024; the quarter included a $13.1 million interest recovery on a non-accrual commercial loan payoff
- Board declared a quarterly cash dividend of $0.20 per share, payable May 20, 2025, to shareholders of record as of May 8, 2025
- All regulatory and shareholder approvals received for the Penns Woods merger; financial close and systems conversion targeted for late July 2025
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.