# NWBI earnings call intelligence LOPJLB CallCard / temporal rollup · freemium · [stock page](https://www.lopjlb.com/stock/NWBI) · [Earnings tab](https://www.lopjlb.com/stock/NWBI?tab=earnings) Updated: 2026-07-27T04:34:00 Quarters analyzed: 8 ## Cross-quarter narrative Across eight quarters, NWBI transitioned from a securities restructure-driven NIM recovery (3.20% in 2024 Q2) to a transformational merger with Penns Woods that closed in 2025 Q2, expanding assets to $17B and adding 150+ branches. NIM expanded steadily from 3.20% to 3.87% (2025 Q1) before moderating to 3.56% post-merger, then rising to 3.65% in 2025 Q3 and 3.70% in 2026 Q1, supported by purchase-accounting accretion, higher loan yields, and declining deposit costs (1.55% in 2025 Q2). C&I loan growth remained robust (+33% YoY in 2024 Q2, +25.7% in 2024 Q3, +28% in 2026 Q1), though commercial pipelines slowed amid tariff/macro uncertainty. The Penns Woods integration delivered legal close and initial cost savings (targeting 40% of expense base, 75% by end of 2025, full by Q2 2026), but cost-savings realization was flagged at risk in 2025 Q3 with full savings delayed to Q2 2026. Credit quality pressures emerged in 2025 Q2: classified loans rose due to multifamily lease-up shortfalls, health-care loans returning to held-for-investment, and C&I macro deterioration; NPAs reached 91 bps. These concerns persisted into 2025 Q3 with acquired-portfolio classified loans increasing, though legacy classified loans declined. Deposit mix stabilized, efficiency improved to 57.8% by 2026 Q1, and the dividend was maintained for 122+ consecutive quarters. De novo expansion continued in Fishers, Indiana (delivered) and Columbus/Indianapolis metros (on track). Guidance remained consistent: low-to-mid single-digit loan growth, NIM in low 3.70s, and 2026 revenue target $710-730M. Management tone turned more positive (0.7 in 2026 Q1) amid record earnings and integration progress. Uncertainty persisted around interest rate risk, deposit competition, and commercial loan demand visibility. No share repurchases were mentioned throughout. Capital ratios stayed strong (CET1 13.18% in 202 ## Latest CallCard · Q1 NWBI Q1 2026: Record net income $51M (+16% YoY), C&I loans +28% YoY, NIM 370bps, deposit costs down, efficiency ratio 57.8%, guidance maintained, new branches opening.','tone': {'mgmt': 0.7, 'mgmt_rationale': 'Management emphasized record earnings, strong loan growth, improving efficiency, and maint **Guidance:** vague **Tone:** mgmt 0 · Q&A pressure 0 · divergence 0 ## Quarter one-liners - **2026 Q1:** NWBI Q1 2026: Record net income $51M (+16% YoY), C&I loans +28% YoY, NIM 370bps, deposit costs down, efficiency ratio 57.8%, guidance maintained, new branches opening.','tone': {'mgmt': 0.7, 'mgmt_rationale': 'Management emphasized record earnings, strong loan growth, improving efficiency, and maint - **2025 Q4:** NWBI reports strong Q4 after Penns Woods integration, guides 2026 record revenue $710-730M, low-mid single digit loan growth, NIM low 3.70s, expense saves ahead of schedule.','tone': {'mgmt': 0.5, 'mgmt_rationale': 'Management highlights transformational year, successful integration, record revenue, - **2025 Q3:** Northwest Bancshares reported record Q3 revenue, successful Penns Woods merger integration, modest loan growth and expanding de novo branches, while reaffirming Q4 guidance and targeting full cost‑savings by Q2 2026. - **2025 Q2:** NWBI closed Penns Woods merger ($17B assets, 150+ branches), Q2 revenue $150M, adjusted EPS $0.30 (+10% YoY), NIM 3.56%, guided Q4 combined NII $139-141M, expense $103-105M, cost savings 100% by Q2'26. Dividend $0.20 maintained. Classified loans up on multifamily absorption and C&I macro headwinds. - **2025 Q1:** NWBI Q1 2025: Record earnings $43M (+48% YoY), NIM +45bps to 3.87%, commercial loan shift, Penns Woods merger on track for late July close, guidance maintained amid volatility.','tone': {'mgmt': 0.2, 'mgmt_rationale': 'Management highlights record quarterly earnings, expanding NIM, disciplined expen - **2024 Q4:** NWBI reports solid Q4 with NIM expansion to 3.42%, low single-digit 2025 growth guidance, Penns Woods acquisition expected Q3 2025, dividend maintained, credit quality strong.','tone':{'mgmt':0.6,'mgmt_rationale':'Management highlights margin expansion, deposit growth, credit improvement, acquisitio - **2024 Q3:** NWBI Q3: NIM expands 13bps to 3.33%, efficiency improves to 64.8%, C&I loans +25.7% YoY, deposits flat QoQ, M&A focus on $1-3B accretive deals in 4-state footprint, guiding low single-digit loan growth.','tone': {'mgmt': 0.6, 'mgmt_rationale': 'Management highlights NIM expansion, efficiency improve - **2024 Q2:** NWBI Q2 2024: Securities restructure boosts NIM to 3.20%; C&I loans +33% YoY; guidance for low-single-digit loan growth, flat deposits, modest NIM expansion. Dividend maintained. ## Guidance path 2024 Q2:maintained → 2024 Q3:vague → 2024 Q4:vague → 2025 Q1:vague → 2025 Q2:vague → 2025 Q3:maintained → 2025 Q4:vague → 2026 Q1:vague --- Research context only. Not personalized investment advice. API: `GET /bff/api/bigfive/earnings-intel/NWBI`