Northwest Bancshares Reports Record Q3 2026 Revenue and Net Interest Income
Northwest Bancshares (NWBI) delivered record financial results for the third quarter of 2026, characterized by a 9.9% year-over-year increase in total revenue to $185 million. This growth was primarily driven by record interest income and a significant expansion in commercial and industrial (C&I) lending, which saw average loans grow by 30.8% as the company expanded its national specialty verticals. Despite facing increased borrowing costs and higher FDIC insurance premiums, the bank improved its adjusted efficiency ratio to 57.8%. While net interest margin saw a slight sequential decline due to purchase accounting factors, management provided optimistic forward guidance for the full year, projecting an improving net interest margin through the fourth quarter.
Tickers: $NWBI
Topics: Dividends EPS Loan Growth Net Interest Income Revenue Growth