Northwest Bancshares (NWBI) Declares $0.14 Quarterly Dividend; 4.3% Yield

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Go back to Northwest Bancshares (NWBI) Declares $0.14 Quarterly Dividend; 4.3% Yield

Northwest Bancshares, Inc. Announces Second Quarter 2015 Earnings and Quarterly Dividend

July 16, 2015 1:00 PM EDT

WARREN, Pa., July 16, 2015 /PRNewswire/ -- Northwest Bancshares, Inc. (NasdaqGS: NWBI) announced net income for the quarter ended June 30, 2015 of $15.3 million, or $0.17 per diluted share. This represents an increase of $2.6 million, or 20.8%, compared to the same quarter last year when net income was $12.7 million, or $0.14 per diluted share.  The annualized returns on average shareholders' equity and average assets for the quarter ended June 30, 2015 were 5.77% and 0.78% compared to 4.77% and 0.64% for the same quarter last year. 

The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share... More