Close

Northwest Bancshares (NWBI) Misses Q3 EPS by 2c

Go back to Northwest Bancshares (NWBI) Misses Q3 EPS by 2c

Northwest Bancshares, Inc. Announces Third Quarter 2016 Earnings and Quarterly Dividend

October 24, 2016 11:54 AM EDT

WARREN, Pa., Oct. 24, 2016 /PRNewswire/ -- Northwest Bancshares, Inc. (NasdaqGS: NWBI) announced net income for the quarter ended September 30, 2016 of $14.2 million, or $0.14 per diluted share. This represents an increase of $1.3 million compared to the same quarter last year when net income was $12.9 million or $0.13 per diluted share. The annualized returns on average shareholders' equity and average assets for the quarter ended September 30, 2016 were 4.89% and 0.63% compared to 4.54% and 0.59% for the same quarter last year. 

The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share payable on... More