Tue, May 6, 7:41 PM (16 days ago)
**Northwest Bancshares, Inc. (NWBI) Q1 2025 Financial Performance** **Financial Health and Performance Metrics:** - **Revenue:** Q1 2025 revenue was $180.6 million, up 12.7% from $160.2 million in Q1 2024. - **Net Income:** Q1 2025 net income was $43.5 million, a 49% increase from $29.2 million in Q1 2024. - **Earnings per Share (EPS):** Q1 2025 EPS was $0.34, up from $0.23 in Q1 2024. - **Profit Margins:** Net interest margin (FTE) increased by 77 basis points to 3.87%. - **Cash Flow:** Net cash provided by operating activities was $107.6 million, up from $70.7 million in Q1 2024. **Key Financial Changes:** - **Loans:** Total loans receivable increased by $36 million to $11.2 billion. - **Deposits:** Total deposits increased by $30 million to $12.2 billion. - **Assets:** Total assets increased by $46 million to $14.5 billion. - **Liabilities:** Total liabilities increased by $36 million to $12.8 billion. - **Shareholders' Equity:** Increased by $32 million to $1.6 billion. **Trends and Uncertainties:** - **Loan Growth:** Organic loan growth, particularly in commercial lending. - **Deposit Growth:** Increase in money market and savings accounts. - **Interest Rate Sensitivity:** Management monitors interest rate risk and liquidity. - **Economic Uncertainties:** Potential impacts from economic conditions and regulatory changes. **Future Operations Impact:** - **Mergers and Acquisitions:** Pending merger with Penns Woods Bancorp, Inc. - **Regulatory Capital:** Maintaining strong capital ratios above regulatory minimums. - **Dividends:** Continued dividend payments with a payout ratio of 58.8%. **Conclusion:** Northwest Bancshares, Inc. demonstrated strong financial performance in Q1 2025, with significant growth in revenue, net income, and earnings per share. The company continues to focus on organic loan growth, deposit management, and maintaining robust capital levels. However, it faces uncertainties related to economic conditions and regulatory changes. The pending merger with Penns Woods Bancorp, Inc. is expected to further enhance its market position.