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Compared to Estimates, Northwest Bancshares (NWBI) Q1 Earnings: A Look at Key Metrics

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For the quarter ended March 2026, Northwest Bancshares (NWBI - Free Report) reported revenue of $175.06 million, up 12.1% over the same period last year. EPS came in at $0.35, compared to $0.35 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $173.63 million, representing a surprise of +0.83%. The company delivered an EPS surprise of +17.33%, with the consensus EPS estimate being $0.30.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Northwest Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net interest margin: 3.7% versus 3.7% estimated by four analysts on average.
  • Efficiency Ratio: 59.4% versus the four-analyst average estimate of 61.2%.
  • Average Balance - Total interest-earning assets: $15.73 billion compared to the $15.6 billion average estimate based on three analysts.
  • Net charge-offs to average loans, annualized: 0.2% compared to the 0.3% average estimate based on three analysts.
  • Total Nonperforming Assets: $91.55 million compared to the $94.52 million average estimate based on two analysts.
  • Nonperforming loans: $91.49 million versus $94.48 million estimated by two analysts on average.
  • Total noninterest income/(loss): $32.58 million compared to the $31.23 million average estimate based on four analysts.
  • Trust and other financial services income: $8.62 million versus the three-analyst average estimate of $8.62 million.
  • Net Interest Income (FTE): $143.35 million versus the three-analyst average estimate of $142.38 million.
  • Net Interest Income: $142.48 million versus $142.53 million estimated by two analysts on average.
  • Service charges and fees: $17.12 million versus the two-analyst average estimate of $16.69 million.
  • Other operating income: $3.21 million versus the two-analyst average estimate of $3 million.

View all Key Company Metrics for Northwest Bancshares here>>>

Shares of Northwest Bancshares have returned +6.9% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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