Northwest Bancshares, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $654.7M | $522.6M | $549.5M | $531.5M | $534.2M | $524.0M | $459.9M | $430.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $13.6M | $12.4M | $13.0M | $13.3M | $13.8M | $15.7M | $14.1M | $14.1M |
| Operating Income | $162.8M | $129.5M | $327.3M | $201.8M | $228.4M | $134.9M | $198.0M | $171.1M |
| Operating Margin | 24.9% | 24.8% | 59.6% | 38.0% | 42.8% | 25.7% | 43.1% | 39.7% |
| Interest Expense | — | — | $152.2M | $28.1M | $27.2M | $42.3M | $56.9M | $37.1M |
| Pretax Income | $162.8M | $129.5M | $175.1M | $173.7M | $201.1M | $92.5M | $141.1M | $133.9M |
| Income Tax Expense | $36.8M | $29.3M | $40.1M | $40.0M | $46.8M | $17.7M | $30.7M | $28.4M |
| Net Income | $126.0M | $100.3M | $135.0M | $133.7M | $154.3M | $74.9M | $110.4M | $105.5M |
| Net Margin | 19.2% | 19.2% | 24.6% | 25.1% | 28.9% | 14.3% | 24.0% | 24.5% |
| EPS (Basic) | $0.93 | $0.79 | $1.06 | $1.05 | $1.22 | $0.62 | $1.05 | $1.03 |
| EPS (Diluted) | $0.92 | $0.79 | $1.06 | $1.05 | $1.21 | $0.62 | $1.04 | $1.02 |
| Shares Outstanding (Basic) | 146.1M | 127.5M | 126.7M | 126.2M | 126.2M | 120.2M | 104.9M | 102.1M |
| Shares Outstanding (Diluted) | 146.1M | 127.5M | 127.0M | 126.7M | 127.0M | 120.2M | 105.8M | 103.6M |
| Dividends Per Share | $0.80 | $0.80 | $0.80 | $0.80 | $0.79 | $0.76 | $0.72 | $0.68 |