Northwest Bancshares (NWBI) Declares $0.20 Quarterly Dividend; 5.7% Yield

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Go back to Northwest Bancshares (NWBI) Declares $0.20 Quarterly Dividend; 5.7% Yield

Northwest Bancshares, Inc. Announces Third Quarter 2021 Earnings and Quarterly Dividend

October 25, 2021 9:00 AM EDT

WARREN, Pa., Oct. 25, 2021 /PRNewswire/ -- Northwest Bancshares, Inc. (the "Company") (NasdaqGS: NWBI) announced net income for the quarter ended September 30, 2021 of $35.1 million, or $0.27 per diluted share.  This represents a decrease of $3.0 million, or 7.9%, compared to the same quarter last year, when net income was $38.1 million, or $0.30 per diluted share.  The annualized returns on average shareholders' equity and average assets for the quarter ended September 30, 2021 were 8.86% and 0.97% compared to 9.82% and 1.09% for the same quarter last year.

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