Northwest Bancshares: 1Q Earnings Snapshot

Northwest Bancshares: 1Q Earnings Snapshot

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WARREN, Pa. (AP) _ Northwest Bancshares Inc. (NWBI) on Wednesday reported first-quarter profit of $25 million.

On a per-share basis, the Warren, Pennsylvania-based company said it had net income of 24 cents. Earnings, adjusted for costs related to mergers and acquisitions, were 25 cents per share.

The holding company for Northwest Savings Bank posted revenue of $122 million in the period. Its adjusted revenue was $109.6 million.

Northwest Bancshares shares have risen almost 1 percent since the beginning of the year. The stock has increased almost 3 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NWBI at https://www.zacks.com/ap/NWBI

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