NWBINasdaqNational Commercial BanksFiscal year ends December 31
Northwest Bancshares, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$14.86−0.07 (-0.47%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 16.2
- Dividend yield
- 5.38%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
19.2%+5.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +25.3% | +7.2% | +4.6% | +7.0% | |
| Net income | +25.7% | -1.9% | +11.0% | – | |
| EPS, diluted | +16.5% | -4.3% | +8.2% | +3.7% | |
| Free cash flow | +13.1% | -6.1% | +2.0% | +3.6% | |
| Dividend per share | 0.0% | 0.0% | +1.0% | +3.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 5.2% | 7.2% | |
| Return on assets | – | 0.6% | 0.8% | |
| Capex to revenue | 3.9% | 2.3% | 1.8% | |
| Diluted shares | 101M | 120M | – |
Where the cash went
Fiscal 2021 to 2025, five years combined
Northwest Bancshares generated $754.86M from operations and spent $583.37M on capital expenditure, dividends and share buybacks. 8% of that went back into the business.
Generated
$754.86M
Used
$583.37M
Capital expenditure$44.34M8%Dividends$515.18M88%Share buybacks$23.85M4%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin19.2%
×Asset turnover0.04×
×Equity multiplier8.94×
=Return on equity, FY20257.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 19.2% | 0.04× | 8.94× | 7.2% |
| FY2024 | 19.2% | 0.04× | 9.16× | 6.4% |
| FY2023 | 24.6% | 0.04× | 9.38× | 8.9% |
| FY2022 | 25.1% | 0.04× | 9.31× | 8.7% |
| FY2021 | 28.9% | 0.04× | 9.07× | 9.9% |
| FY2020 | 14.3% | 0.04× | 8.40× | 5.2% |
| FY2019 | 24.0% | 0.05× | 7.70× | 8.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$126.01M
- Cash generatingOperating cash flow above zero$153.42M
- Return on assets improvedROA up on the prior year0.7% → 0.9%
- Earnings backed by cashOperating cash flow above net income$153.42M vs $126.01M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.05