Northwest Bancshares Q1 2025 10-Q Filed
Ticker: NWBI · Form: 10-Q · Filed: 2025-05-06T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report, banking
Related Tickers: NWBI
TL;DR
NWBI filed its Q1 2025 10-Q. Financials look stable.
AI Summary
Northwest Bancshares, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and position for the first quarter of 2025, including changes in common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive income. The company is a national commercial bank based in Warren, PA.
Why It Matters
This filing provides investors with the latest financial snapshot of Northwest Bancshares, Inc., crucial for understanding its performance and stability in the current economic climate.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
- 2025-05-06 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Northwest Bancshares, Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250506 (date) — Filing date
- Warren, PA (location) — Company headquarters
FAQ
What were the key changes in equity accounts during the first quarter of 2025?
The filing indicates changes in us-gaap:CommonStockMember, us-gaap:AdditionalPaidInCapitalMember, us-gaap:RetainedEarningsMember, and us-gaap:AccumulatedOtherComprehensiveIncomeMember for the period from January 1, 2025, to March 31, 2025.
What is the fiscal year end for Northwest Bancshares, Inc.?
The fiscal year end for Northwest Bancshares, Inc. is December 31.
What is the Standard Industrial Classification (SIC) code for Northwest Bancshares, Inc.?
The SIC code is 6021, categorized under NATIONAL COMMERCIAL BANKS.
When was the previous fiscal year's balance sheet data reported?
The filing includes data as of December 31, 2024, and for the period from January 1, 2024, to March 31, 2024.
What is the company's primary business activity?
Northwest Bancshares, Inc. operates as a national commercial bank.
From the Filing
0001471265-25-000077.txt : 20250506 0001471265-25-000077.hdr.sgml : 20250506 20250506153952 ACCESSION NUMBER: 0001471265-25-000077 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 102 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250506 DATE AS OF CHANGE: 20250506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Northwest Bancshares, Inc. CENTRAL INDEX KEY: 0001471265 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] ORGANIZATION NAME: 02 Finance EIN: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-34582 FILM NUMBER: 25916945 BUSINESS ADDRESS: STREET 1: 100 LIBERTY STREET CITY: WARREN STATE: PA ZIP: 16365 BUSINESS PHONE: (814) 726-2140 MAIL ADDRESS: STREET 1: 100 LIBERTY STREET CITY: WARREN STATE: PA ZIP: 16365 10-Q 1 nwbi-20250331.htm 10-Q nwbi-20250331 0001471265 false 12/31 2025 Q1 P3Y http://fasb.org/us-gaap/2024#OtherAssets http://fasb.org/us-gaap/2024#OtherAssets http://fasb.org/us-gaap/2024#OtherLiabilities http://fasb.org/us-gaap/2024#OtherLiabilities xbrli:shares iso4217:USD iso4217:USD xbrli:shares nwbi:bank_location nwbi:position xbrli:pure nwbi:advance nwbi:business_trust nwbi:derivative nwbi:segment 0001471265 2025-01-01 2025-03-31 0001471265 2025-04-30 0001471265 2025-03-31 0001471265 2024-12-31 0001471265 2024-01-01 2024-03-31 0001471265 us-gaap:CommonStockMember 2024-12-31 0001471265 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001471265 us-gaap:RetainedEarningsMember 2024-12-31 0001471265 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001471265 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001471265 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001471265 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001471265 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001471265 us-gaap:CommonStockMember 2025-03-31 0001471265 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001471265 us-gaap:RetainedEarningsMember 2025-03-31 0001471265 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001471265 us-gaap:CommonStockMember 2023-12-31 0001471265 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001471265 us-gaap:RetainedEarningsMember 2023-12-31 0001471265 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001471265 2023-12-31 0001471265 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001471265 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001471265 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001471265 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001471265 us-gaap:CommonStockMember 2024-03-31 0001471265 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001471265 us-gaap:RetainedEarningsMember 2024-03-31 0001471265 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001471265 2024-03-31 0001471265 us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2025-03-31 0001471265 us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember 2025-03-31 0001471265 us-gaap:USStatesAndPoliticalSubdivisionsMember 2025-03-31 0001471265 us-gaap:CorporateDebtSecuritiesMember 2025-03-31 0001471265 nwbi:FixedRatePassThroughMortgageBackedSecuritiesMember 2025-03-31 0001471265 nwbi:VariableRatePassThroughMortgageBackedSecuritiesMember 2025-03-31 0001471265 nwbi:FixedRateAgencyCMOsMortgageBackedSecuritiesMember 2025-03-31 0001471265 nwbi:VariableRateAgencyCMOsMortgageBackedSecuritiesMember 2025-03-31 0001471265 us-gaap:CollateralizedSecuritiesMember 2025-03-31 0001471265 us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2024-12-31 0001471265 us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember 2024-12-31 0001471265 us-gaap:USStatesAndPoliticalSubdivisionsMember 2024-12-31 0001471265 us-gaap:CorporateDebtSecuritiesMember 2024-12-31 0001471265 nwbi:FixedRatePassThroughMortgageBackedSecuritiesMember 2024-12-31 0001471265 nwbi:VariableRatePassThroughMortgageBackedSecuritiesMember 2024