Northwest Bancshares (NWBI) Declares $0.17 Quarterly Dividend; 4.2% Yield
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Northwest Bancshares, Inc. Announces Third Quarter 2018 Earnings and Quarterly Dividend
October 22, 2018 9:00 AM EDTWARREN, Pa., Oct. 22, 2018 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended September 30, 2018 of $27.7 million, or $0.27 per diluted share. This represents an increase of $4.1 million, or 17.6%, compared to the same quarter last year when net income was $23.6 million or $0.23 per diluted share. The annualized returns on average shareholders' equity and average assets for the quarter ended September 30, 2018 were 8.93% and 1.15% compared to 7.81% and 0.99% for the same quarter last year.
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