Every material Form 8-K Northwest Bancshares filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Northwest Bancshares reported third quarter 2025 GAAP net income of $3 million, or $0.02 per diluted share, down from $34 million, or $0.26, in both the prior quarter and the year-earlier quarter. The decline reflects $31 million of merger, asset disposition and restructuring expense tied to the Penns Woods Bancorp acquisition, which closed on July 25, 2025, while total revenue reached a record $168 million, up 21% year over year. The company also declared a $0.20 quarterly dividend.
Q3 2025 GAAP net income of $3 million, or $0.02 per diluted share, versus $34 million, or $0.26, in Q2 2025 and Q3 2024
Adjusted net income (non-GAAP) of $41 million, or $0.29 per diluted share, up from $38 million, or $0.30, in Q2 2025
Record total revenue of $168 million, up 21% year over year; net interest margin of 3.65%
Quarterly cash dividend of $0.20 per share, payable November 18, 2025, to shareholders of record as of November 6, 2025
Northwest Bancshares reported second quarter 2025 net income of $34 million, or $0.26 per diluted share, up from $5 million a year earlier but down from $43 million, or $0.34 per share, in the first quarter. Net interest income fell 6.6% from the prior quarter, while the company also declared a $0.20 quarterly dividend, its 123rd consecutive quarterly cash dividend.
Net income of $34 million ($0.26 per diluted share) vs. $43 million ($0.34) in Q1 2025 and $5 million ($0.04) in Q2 2024
Adjusted net income (non-GAAP) of $38 million ($0.30 per diluted share), vs. $44 million ($0.35) in Q1 2025
Net interest margin of 3.56%, down from 3.87% in Q1 2025 and up from 3.20% a year earlier
Classified loans rose to $518 million, or 4.57% of total loans, at June 30, 2025, from $279 million at March 31, 2025; quarterly dividend of $0.20 per share payable August 19, 2025
Northwest Bancshares (NWBI) completed its merger with Penns Woods Bancorp effective July 25, 2025, with Penns Woods shareholders receiving 2.385 Northwest common shares for each Penns Woods share. The deal adds 21 branch locations in North Central and Northeastern Pennsylvania, bringing Northwest to 151 financial centers across Pennsylvania, New York, Ohio, and Indiana. Penns Woods CEO Richard Grafmyre joined the Northwest and Northwest Bank boards.
Merger completed effective July 25, 2025; Merger Agreement dated December 16, 2024
Each Penns Woods common share converted into 2.385 shares of Northwest common stock, with cash paid for fractional shares
Penns Woods' Luzerne Bank and Jersey Shore State Bank merged into Northwest Bank
Richard Grafmyre, former Penns Woods CEO, appointed to Northwest board; second quarter 2025 results scheduled for release after market close on July 29
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.
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
Northwest Bancshares reported fourth quarter 2024 net income of $33 million, or $0.26 per diluted share, up from $29 million, or $0.23, a year earlier but down $1 million from the prior quarter. Adjusted net income (non-GAAP) was $35 million, or $0.27 per diluted share, and the board declared a $0.20 quarterly dividend, the 121st consecutive quarterly cash dividend. The filing also furnishes the results and reaffirms the pending Penns Woods Bancorp merger, expected to close in the third quarter of 2025.
Q4 2024 net income $33 million ($0.26 diluted EPS), vs. $29 million ($0.23) in Q4 2023 and $34 million ($0.26) in Q3 2024
Net interest margin rose to 3.42% from 3.33% in Q3 2024 and 3.16% in Q4 2023; efficiency ratio improved to 61.8%
Provision for credit losses rose to $16.6 million from $4.9 million in Q3 2024, driven by elevated charge-offs tied to loan pool sales
Quarterly dividend of $0.20 per share payable February 14, 2025, to shareholders of record as of February 3, 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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Northwest Bancshares filing is on SEC EDGAR ↗. 8-K briefs of other companies →