Northwest Bancshares (NWBI) reported second quarter net income of $5 million, or $0.04 per share compared to $33 million, or $0.26 per share, prior year. Adjusted operating earnings per share was $0.27, flat with last year. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.22, for the quarter. Analysts' estimates typically exclude special items.
Net interest income was $106.84 million compared to $108.55 million, last year.
The company also announced that its Board declared a quarterly cash dividend of $0.20 per share payable on August 14, 2024 to shareholders of record as of August 2, 2024.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.