Northwest Bancshares: Q3 Earnings Snapshot

In this article:

COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Northwest Bancshares Inc. (NWBI) on Monday reported third-quarter net income of $39.2 million.

On a per-share basis, the Columbus, Ohio-based company said it had net income of 31 cents.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.

The holding company for Northwest Savings Bank posted revenue of $182.5 million in the period. Its adjusted revenue was $139.3 million.

_____

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

Advertisement