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Northwest Bancshares (Northwest Bancshares) Pre-Tax Income : $168.8 Mil (TTM As of Dec. 2023)


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What is Northwest Bancshares Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Northwest Bancshares's pretax income for the three months ended in Dec. 2023 was $36.8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $168.8 Mil. Northwest Bancshares's pretax margin was 27.27%.

During the past 13 years, Northwest Bancshares's highest Pretax Margin was 39.68%. The lowest was 17.77%. And the median was 30.93%.


Northwest Bancshares Pre-Tax Income Historical Data

The historical data trend for Northwest Bancshares's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northwest Bancshares Pre-Tax Income Chart

Northwest Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.11 92.53 201.12 173.69 175.08

Northwest Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.99 43.56 50.68 36.85 37.74

Competitive Comparison of Northwest Bancshares's Pre-Tax Income

For the Banks - Regional subindustry, Northwest Bancshares's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northwest Bancshares's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Northwest Bancshares's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Northwest Bancshares's Pre-Tax Income falls into.



Northwest Bancshares Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Northwest Bancshares's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+175.078
=175.1

Northwest Bancshares's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+36.849
=36.8

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $168.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northwest Bancshares  (NAS:NWBI) Pre-Tax Income Explanation

Northwest Bancshares's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=36.849/135.143
=27.27%

During the past 13 years, Northwest Bancshares's highest Pretax Margin was 39.68%. The lowest was 17.77%. And the median was 30.93%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northwest Bancshares Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Northwest Bancshares's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Northwest Bancshares (Northwest Bancshares) Business Description

Traded in Other Exchanges
Address
3 Easton Oval, Suite 500, Columbus, OH, USA, 43219
Northwest Bancshares Inc is a stockholding company for Northwest Bank. Northwest Bank is a stock savings bank and a community-oriented financial institution offering personal and banking business solutions, investment management, trust services and insurance products. It also offers consumer finance loans through a wholly-owned subsidiary. The bank's loan portfolio segment consists of personal banking and business banking loans. Personal banking includes residential mortgages, home equity loans, and other consumer loans. Business banking loans consist of commercial real estate loans and commercial loans. Net interest income is the company's primary contributor to revenue.
Executives
Timothy B Fannin director 100 LIBERTY STREET, WARREN PA 16365
Devin T Cygnar officer: EVP, Chief Marketing Officer 100 LIBERTY STREET, WARREN PA 16365
Jeffrey J Maddigan officer: EVP, Corporate Treasurer 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Louis J Torchio officer: Sr. EVP Retail Lending 100 LIBERTY STREET, WARREN PA 16365
Carey A. Barnum officer: SVP, Chief Auditor 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Scott J Watson officer: EVP, Chief Information Officer 100 LIBERTY STREET, WARREN PA 16365
Jacques Marc Desmarteau officer: SEVP, Chief Comm. Banking Ofc. 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
James M Colestro officer: EVP, Retail Lend & Bus Banking 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Amber Lee Williams director 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Mark A Paup director 100 LIBERTY STREET, WARREN PA 16365
Robert M Campana director NORTHWEST BANCSHARES, INC., 100 LIBERTY STREET, WARREN PA 16365
David M Tullio director 100 LIBERTY STREET, WARREN PA 16365
Richard K Laws officer: EVP Chief Legal Counsel 100 LIBERTY STREET, WARREN PA 16365
Mark T. Reitzes officer: EVP Head of Commercial Lending 3723 GLENMORE AVENUE, CHEVIOT OH 45211
Gregory J. Betchkal officer: EVP, Chief Risk Officer 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219