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Northwest Bancshares (Northwest Bancshares) Net Interest Income (for Banks) : $423.7 Mil (As of Dec. 2023)


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What is Northwest Bancshares Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Northwest Bancshares's net interest income for the three months ended in Dec. 2023 was $105.6 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $423.7 Mil.

Northwest Bancshares's quarterly net interest income declined from Jun. 2023 ($107.7 Mil) to Sep. 2023 ($107.7 Mil) and declined from Sep. 2023 ($107.7 Mil) to Dec. 2023 ($105.6 Mil).

Northwest Bancshares's annual net interest income increased from Dec. 2021 ($390.9 Mil) to Dec. 2022 ($420.0 Mil) and increased from Dec. 2022 ($420.0 Mil) to Dec. 2023 ($432.8 Mil).

Northwest Bancshares Net Interest Income (for Banks) Historical Data

The historical data trend for Northwest Bancshares's Net Interest Income (for Banks) 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 Net Interest Income (for Banks) Chart

Northwest Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359.41 390.75 390.86 419.95 432.82

Northwest Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) 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 111.77 107.71 107.70 105.64 102.63

Northwest Bancshares Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) 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 $423.7 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 (Northwest Bancshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northwest Bancshares Inc (NAS:NWBI) » Definitions » Net Interest Income (for Banks)
Comparable Companies
FBNC HTLF EFSC SYBT FCF CHCO HOPE NBHC BUSE BANR NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
Traded in Other Exchanges
NHS:Germany
Address
3 Easton Oval, Suite 500, Columbus, OH, USA, 43219
Website
https://www.northwest.bank
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