Recent Updates — NWBI
Northwest Bancshares, Inc. reported record second quarter 2026 GAAP net income of $54 million, or $0.36 per diluted share, representing a 59% year-over-year increase. The company's Board of Directors declared a quarterly cash dividend of $0.20 per share, payable on August 18, 2026, to shareholders of record as of August 6, 2026. Northwest Bancshares, Inc. is a bank holding company providing full-service financial and personal banking products.
Northwest Bancshares, Inc. approved a new award of 125,298 restricted stock units to President and CEO Lou Torchio, effective on or about July 31, 2026. This award replaces a previously rescinded portion of an original 2024 award due to plan limits, and incorporates elements of regular annual grants that would have been granted under a higher individual grant limit. Northwest Bancshares, Inc. is a financial services company providing banking and wealth management services.