Northwest Bancshares (NWBI) Declares $0.15 Quarterly Dividend; 4% Yield
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Northwest Bancshares, Inc. Announces Second Quarter 2016 Results and Quarterly Dividend
July 25, 2016 11:39 AM EDTWARREN, Pa., July 25, 2016 /PRNewswire/ -- Northwest Bancshares, Inc. (NasdaqGS: NWBI) announced a net loss for the quarter ended June 30, 2016 of $7.0 million, or $0.07 per diluted share. This represents a decrease of $22.3 million compared to the same quarter last year when net income was $15.3 million or $0.17 per diluted share. The annualized returns on average shareholders' equity and average assets for the quarter ended June 30, 2016 were (2.44)% and (0.32)% compared to 5.77% and 0.78% for the same quarter last year.Â
The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share payable... More
