Northwest Bancshares

Q2 FY2026 EarningsNWBI Q2 FY26 significantly beat consensus across key profitability metrics, with GAAP EPS of $0.36 vs. $0.34 expected. Net interest income reached $146.9M, supported by a Net Interest Margin (NIM) expansion to 3.75% (vs. 3.71% expected), driven by lower deposit costs and the Penns Woods acquisition integration. While noninterest expense of $104.3M was slightly higher than historical norms due to personnel costs, strong credit quality with annualized net charge-offs of 0.15% reinforced the bottom-line outperformance.