Northwest Bancshares (NWBI) Declares $0.16 Quarterly Dividend; 3.7% Yield
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Northwest Bancshares, Inc. Announces Third Quarter 2017 Earnings and Quarterly Dividend
October 23, 2017 10:48 AM EDTWARREN, Pa., Oct. 23, 2017 /PRNewswire/ -- Northwest Bancshares, Inc. (NasdaqGS: NWBI) announced net income for the quarter ended September 30, 2017 of $23.6 million, or $0.23 per diluted share. This represents an increase of $9.4 million, or 66.2%, compared to the same quarter last year when net income was $14.2 million or $0.14 per diluted share. The annualized returns on average shareholders' equity and average assets for the quarter ended September 30, 2017 were 7.81% and 0.99% compared to 4.89% and 0.63% for the same quarter last year.Â
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