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Compared to Estimates, Northwest Bancshares (NWBI) Q2 Earnings: A Look at Key Metrics
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Northwest Bancshares (NWBI - Free Report) reported $182 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 21%. EPS of $0.37 for the same period compares to $0.30 a year ago.
The reported revenue represents a surprise of +1.94% over the Zacks Consensus Estimate of $178.55 million. With the consensus EPS estimate being $0.33, the EPS surprise was +12.12%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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: 3.8% compared to the 3.7% average estimate based on three analysts.
Average Balance - Total interest-earning assets: $15.8 billion compared to the $15.86 billion average estimate based on three analysts.
Efficiency Ratio: 57.6% compared to the 59.1% average estimate based on three analysts.
Nonperforming loans: $91.92 million versus $78.31 million estimated by two analysts on average.
Net charge-offs to average loans, annualized: 0.2% versus 0.2% estimated by two analysts on average.
Total noninterest income/(loss): $34.23 million compared to the $32.31 million average estimate based on three analysts.
Net Interest Income: $146.94 million versus $145.92 million estimated by two analysts on average.
Trust and other financial services income: $9.45 million compared to the $8.83 million average estimate based on two analysts.
Net Interest Income (FTE): $147.77 million compared to the $146.31 million average estimate based on two analysts.
Service charges and fees: $16.91 million versus $17.65 million estimated by two analysts on average.
Other operating income: $3.55 million versus the two-analyst average estimate of $3 million.
Mortgage banking income: $0.74 million versus the two-analyst average estimate of $0.67 million.
Shares of Northwest Bancshares have returned +1.7% over the past month versus the Zacks S&P 500 composite's +0.8% 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.
View the Zacks #1 Rank List
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Compared to Estimates, Northwest Bancshares (NWBI) Q2 Earnings: A Look at Key Metrics
Northwest Bancshares (NWBI - Free Report) reported $182 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 21%. EPS of $0.37 for the same period compares to $0.30 a year ago.
The reported revenue represents a surprise of +1.94% over the Zacks Consensus Estimate of $178.55 million. With the consensus EPS estimate being $0.33, the EPS surprise was +12.12%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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:View all Key Company Metrics for Northwest Bancshares here>>>
Shares of Northwest Bancshares have returned +1.7% over the past month versus the Zacks S&P 500 composite's +0.8% 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.