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Compared to Estimates, Northwest Bancshares (NWBI) Q3 Earnings: A Look at Key Metrics

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For the quarter ended September 2026, Northwest Bancshares (NWBI - Free Report) reported revenue of $185.72 million, up 10.4% over the same period last year. EPS came in at $0.35, compared to $0.29 in the year-ago quarter.

The reported revenue represents a surprise of +1.01% over the Zacks Consensus Estimate of $183.86 million. With the consensus EPS estimate being $0.35, the company has not delivered EPS surprise.

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 FTE: 3.7% versus the five-analyst average estimate of 3.8%.
  • Efficiency Ratio: 58.9% compared to the 58.7% average estimate based on five analysts.
  • Net charge-offs to average loans, annualized: 0.2% versus 0.2% estimated by five analysts on average.
  • Average Balance - Total interest-earning assets: $16.05 billion compared to the $16.05 billion average estimate based on four analysts.
  • Nonperforming loans: $99.17 million compared to the $90.31 million average estimate based on three analysts.
  • Total Nonperforming Assets: $101.94 million versus $91.12 million estimated by two analysts on average.
  • Total noninterest income/(loss): $35.93 million versus $32.02 million estimated by five analysts on average.
  • Net Interest Income: $148.95 million versus the four-analyst average estimate of $151.38 million.
  • Mortgage banking income: $0.36 million versus $0.78 million estimated by four analysts on average.
  • Trust and other financial services income: $10.11 million versus $8.93 million estimated by three analysts on average.
  • Net Interest Income (FTE): $149.79 million versus the three-analyst average estimate of $151.57 million.
  • Service charges and fees: $17.94 million versus $16.91 million estimated by three analysts on average.

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

Shares of Northwest Bancshares have returned +1.1% over the past month versus the Zacks S&P 500 composite's -1.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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