Short answer
Northwest Bancshares, Inc. (NWBI) filed its fiscal 2025 10-K annual report with the SEC on Feb 25, 2026. It reported revenue of $750M (+12.0% year over year) and net income of $126M.
- Top risk flagged: FDIC CRE Lending Guidance risk with CRE loans at 342% of total bank capital as of December 31, 2025
FY2025 key financial metrics · XBRL
- Revenue
- $750M
- +12.0% YoY
- Net income
- $126M
- +25.7% YoY
- EPS (diluted)
- $0.92
- +16.5% YoY
- ROE
- 6.7%
- +0.4 pp YoY
- Operating cash flow
- $153M
- +20.2% YoY
Source: XBRL data from the Northwest Bancshares, Inc. (NWBI) FY2025 10-K on SEC EDGAR. USD.
Northwest Bancshares, Inc. FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model focused on domestic banking operations generating revenue from loans, investments, and deposits
- No new products or distinct business segments introduced; continued emphasis on banking with derivative financial instruments for risk management
- Strategic use of interest rate swaps worth $175 million to hedge short-term funding costs, reflecting refined interest rate risk management
- Segment assets grew to $16.77 billion in 2025 from $14.41 billion in 2024, with net income increasing to $126.0 million from $100.3 million
- Noteworthy reduction in accumulated other comprehensive loss by $40.2 million, driven by unrealized gains on securities and improved pension plan valuation
Management Discussion & Analysis
- Revenue rose with total interest income $749.7M in 2025 vs $669.2M in 2024, a 12% increase primarily due to loan growth and acquisition impact
- Net income $126M in 2025 vs $100.3M in 2024; net interest margin 3.69% in 2025 vs 3.26% in 2024, showing margin improvement of 43bps
- Best segment: Commercial Banking loans increased 20% to $5.8B; worst: Provision for credit losses doubled to $55.6M from $24.5M
- Cash and equivalents decreased $55M to $234M; repurchased stock and dividends details not disclosed, capital ratio stable with avg capital/assets 11.31%
- Management notes acquisition of Penns Woods added $2.2B assets, $1.8B loans; key risk is higher credit loss provisioning amid economic uncertainty
Risk Factors
- FDIC CRE Lending Guidance risk with CRE loans at 342% of total bank capital as of December 31, 2025
- Commercial loan portfolio increase exposing to credit losses and provisions, risking earnings and capital
- Judicial foreclosure delays undermining recoveries on non-performing loans due to extended process and collateral value impact
- BSA non-compliance risk with potential fines from failure to detect money laundering and terrorist financing activities
- Federal Reserve "source of strength" doctrine may force capital injections, possibly requiring borrowing or capital raises under adverse conditions
Generated from the filing text; verify against the original. How to read a 10-K
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.