Northwest Bancshares (NWBI) financial statements
Northwest Bancshares reported revenue of $655M in fiscal 2025, up 5.8% a year over 9 years.
Net income was $126M.
Free cash flow was $142M, and the company returned $110M in dividends.
The diluted share count rose 26% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Northwest Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $393M | $441M | $430M | $460M | $524M | $534M | $532M | $550M | $523M | $655M |
| Selling, general and admin | $24M | $26M | $23M | $21M | $23M | $22M | $22M | $22M | $21M | $22M |
| Interest expense | $38M | $28M | $37M | $57M | $42M | $27M | $28M | $152M | — | — |
| Pre-tax income | $71M | $136M | $134M | $141M | $93M | $201M | $174M | $175M | $130M | $163M |
| Income tax | $22M | $41M | $28M | $31M | $18M | $47M | $40M | $40M | $29M | $37M |
| Net income | $50M | $94M | $105M | $110M | $75M | $154M | $134M | $135M | $100M | $126M |
| EPS (diluted) | $0.49 | $0.92 | $1.02 | $1.04 | $0.62 | $1.21 | $1.05 | $1.06 | $0.79 | $0.92 |
| Diluted shares | 101M | 103M | 104M | 106M | 120M | 127M | 127M | 127M | — | — |
| Net margin | 12.6% | 21.4% | 24.5% | 24.0% | 14.3% | 28.9% | 25.1% | 24.6% | 19.2% | 19.2% |
Balance sheet
Fiscal years, from Northwest Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $390M | $78M | $69M | $61M | $736M | $1.3B | $139M | $122M | $288M | $234M |
| Property, plant and equipment | $161M | $152M | $143M | $147M | $162M | $157M | $146M | $139M | $124M | $140M |
| Goodwill | $307M | $307M | $307M | $346M | $382M | $381M | $381M | $381M | $381M | $444M |
| Total assets | $9.6B | $9.4B | $9.6B | $10.5B | $13.8B | $14.5B | $14.1B | $14.4B | $14.4B | $16.8B |
| Total liabilities | $8.5B | $8.2B | $8.4B | $9.1B | $12.3B | $12.9B | $12.6B | $12.9B | $12.8B | $14.9B |
| Shareholders' equity | $1.2B | $1.2B | $1.3B | $1.4B | $1.5B | $1.6B | $1.5B | $1.6B | $1.6B | $1.9B |
| Net debt | -$390M | -$78M | -$69M | -$61M | -$736M | -$1.3B | -$139M | -$122M | -$288M | -$234M |
Cash flow
Fiscal years, from Northwest Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $136M | $152M | $139M | $127M | $140M | $205M | $175M | $93M | $128M | $153M |
| Capital spending | $15M | $4M | $5M | $11M | $12M | $18M | $4M | $9M | $2M | $12M |
| Free cash flow | $120M | $148M | $134M | $117M | $128M | $188M | $171M | $84M | $125M | $142M |
| Stock-based compensation | $11M | $5M | $7M | $7M | $4M | $5M | $4M | $5M | $6M | $6M |
| Dividends paid | $60M | $65M | $70M | $76M | $93M | $100M | $101M | $102M | $102M | $110M |
| Share buybacks (net) | -$2M | $0 | $0 | $0 | -$9M | -$24M | $0 | $0 | — | — |
| Net borrowing | -$857M | -$35M | $126M | $12M | -$192M | -$21M | $532M | -$282M | -$199M | -$148M |
| Free cash flow margin | 30.7% | 33.6% | 31.1% | 25.3% | 24.5% | 35.2% | 32.2% | 15.3% | 24.0% | 21.7% |
| Dividends per share | $0.60 | $0.64 | $0.68 | $0.72 | $0.77 | $0.79 | $0.80 | $0.80 | — | — |
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Open NWBI in InvestinglyQuestions
What was Northwest Bancshares's revenue in 2025?
$655M in fiscal 2025, from its 10-K filing.
How much free cash flow does Northwest Bancshares generate?
$142M in fiscal 2025 (operating cash flow minus capital spending).
From Northwest Bancshares's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.