Northwest Bancshares (NWBI) Declares $0.16 Quarterly Dividend; 3.7% Yield

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Northwest Bancshares, Inc. Announces First Quarter 2017 Earnings and Quarterly Dividend

April 24, 2017 4:01 PM EDT

WARREN, Pa., April 24, 2017 /PRNewswire/ -- Northwest Bancshares, Inc. (NasdaqGS: NWBI) announced net income for the quarter ended March 31, 2017 of $17.7 million, or $0.17 per diluted share. This represents a decrease of $238,000 compared to the same quarter last year when net income was $18.0 million or $0.18 per diluted share. The annualized returns on average shareholders' equity and average assets for the quarter ended March 31, 2017 were 6.15% and 0.75% compared to 6.21% and 0.81% for the same quarter last year. 

The Company also announced that its... More