Northwest Bancshares Reports Record Q3 Revenue and Outlines Future NIM Outlook
Northwest Bancshares (NWBI) reported record-breaking financial results for the third quarter, achieving $185 million in total revenue and $149 million in net interest income. The company also posted diluted earnings per share of $0.34 on a GAAP basis. Looking ahead, management provided an optimistic outlook for Net Interest Margin (NIM), projecting 373 basis points by Q4 2026. Additionally, the bank announced strategic expansion plans to open five new branches in Columbus by the first quarter of 2027.
Tickers: $NWBI
Topics: earnings per share financial results net interest income revenue