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Northwest Bancshares, Inc. Announces Third Quarter 2024 net income of $34 million, or $0.26 per diluted share

Northwest Bancshares, Inc. Announces Third Quarter 2024 net income of $34 million, or $0.26 per diluted share

By AP News
Published - Oct 29, 2024, 08:58 AM ET
Last Updated - Dec 16, 2024, 05:54 PM EST

Net interest margin expands 13 basis points to 3.33%, inclusive of 4bps from an interest recovery

Average deposits grew $10 million while cost of funds remained stable

Noninterest expense declines $2 million due to disciplined expense management

120th consecutive quarterly dividend of $0.20 per share declared

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