Earnings & Results
Northwest Bancshares to Report Q3 Earnings Monday With Revenue Growth Expected at 9.2%
By News Desk ·
Key takeaways
- Northwest Bancshares will report third quarter earnings Monday after the bell, with revenue expected to grow 9.2% year on year.
- The company reported Q2 revenue of $180.8 million, up 20.2% year on year, and beat analysts' EPS estimates.
- Analysts covering Northwest Bancshares have reconfirmed their estimates over the last 30 days, and the average price target stands at $16.29.
Northwest Bancshares will report third quarter earnings Monday after the bell, with revenue expected to grow 9.2% year on year, according to TradingView. The regional banking company, which operates Northwest Bancshares through Northwest Bank, is a Columbus, Ohio-based bank holding company with 151 financial centers across Pennsylvania, New York, Ohio, and Indiana.
Northwest Bancshares Faces Slower Growth Than Last Year
Northwest Bancshares beat analysts' revenue expectations last quarter, reporting revenues of $180.8 million, up 20.2% year on year. The company also beat analysts' EPS estimates in that quarter. This quarter, the market expects revenue growth of 9.2% year on year, slowing from the 20.8% increase recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Northwest Bancshares rarely misses Wall Street's revenue estimates. Among peers in the thrifts and mortgage finance segment, Ladder Capital delivered year-on-year revenue growth of 107%, beating analysts' expectations by 53.9%, and WaFd Bank reported revenues up 17.6%, topping estimates by 8.3%. Northwest Bancshares is up 1.1% over the last month and heads into earnings with an average analyst price target of $16.29, compared to the current share price of $15.48.
Northwest Bancshares' Record Profit and Dividend Streak
According to akta.pro company records, Northwest Bancshares posted record first quarter 2026 net income of $51 million, representing over 16% year-over-year growth and the highest in the company's 130-year history, with GAAP EPS of $0.34 per diluted share and adjusted EPS of $0.35 per diluted share. The same records show first quarter 2026 revenue of $175 million with 12% year-over-year growth, and record quarterly total revenue of $180 million in the fourth quarter of 2025. Northwest Bancshares has paid a cash dividend for 126 consecutive quarters.
Northwest Bancshares' Note Redemption and Q2 Beat
Northwest Bancshares announced the redemption of all outstanding 4.000% Fixed-to-Floating Rate Subordinated Notes due September 15, 2030, scheduled for September 15, 2026, according to PR Newswire. On July 27, 2026, the company reported Q2 revenue of $181.2 million, beating the FactSet consensus estimate of $179.2 million by approximately $2 million, MarketScreener reported. Quiver Quantitative reported that Northwest Bancshares released Q2 2026 earnings on July 27, 2026, beating estimates with EPS of $0.37 versus the $0.34 consensus and revenue of $182 million exceeding the $154.37 million forecast by approximately $27.6 million.
Northwest Bancshares' Earnings Call Scheduled for October 27
Northwest Bancshares will host a conference call on October 27 to review third quarter 2026 financial results, with results released after market close on October 26, according to PR Newswire. The call will be webcast and archived, with registration available on the company's website.