Northwest Bancshares (NWBI) Declares $0.20 Quarterly Dividend; 7% Yield

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Northwest Bancshares, Inc. Announces First Quarter 2023 Earnings and Quarterly Dividend

April 24, 2023 9:00 AM EDT

COLUMBUS, Ohio, April 24, 2023 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended March 31, 2023 of $33.7 million, or $0.26 per diluted share. This represents an increase of $5.4 million, or 19.1%, compared to the same quarter last year, when net income was $28.3 million, or $0.22 per diluted share. The annualized returns on average shareholders' equity and average assets for the quarter ended March 31, 2023 were 9.11% and 0.97% compared to 7.17%... More