← Northwest Bancshares, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | $154.3m | $133.7m | $135.0m | $100.3m | $126.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $49.7m | $94.5m | $105.5m | $110.4m | $74.9m | $153.3m | $133.1m | $134.6m | $100.2m | $125.9m | |
| Depreciation, Depletion and Amortization | $13.7m | $12.4m | $12.1m | $11.7m | $11.9m | $12.1m | $11.6m | $11.5m | $11.0m | $12.0m | |
| Depreciation, Amortization and Accretion, Net | $15.4m | $14.3m | $8.1m | $3.8m | $4.7m | $6.6m | $6.4m | $24.5m | $21.3m | $136k | |
| Amortization of Intangible Assets | $4.3m | $6.8m | $5.8m | $6.5m | $6.9m | $5.6m | $4.3m | $3.3m | $2.5m | $5.2m | |
| Deferred Income Tax Expense (Benefit) | $2.7m | $11.3m | ($2.8m) | $2.8m | ($8.1m) | $12.3m | ($5.5m) | ($4.9m) | $2.8m | ($6.4m) | |
| Share-based Payment Arrangement, Noncash Expense | $10.9m | $4.9m | $7.0m | $6.8m | $4.2m | $4.7m | $4.1m | $4.6m | $6.1m | $6.1m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | $6.0m | $6.0m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $1.4m | — | $0 | $0 | $0 | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | $17.2m | $0 | $0 | — | — | — | — | — | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | — | $27.7m | $56.8m | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | $25.3m | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | — | ($2.1m) | $11.9m | $132k | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | $4.5m | $627k | ($1.7m) | $2.5m | $3.2m | $1.2m | ($42k) | — | — | — | |
| Income Tax Expense (Benefit) | $21.6m | $41.4m | $28.4m | $30.7m | $17.7m | $46.8m | $40.0m | $40.1m | $29.3m | $36.8m | |
| Operating Lease, Expense | — | — | — | — | — | — | — | — | $8.0m | $9.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Other Operating Assets | ($26.0m) | ($7.2m) | $6.4m | $66.1m | $16.1m | ($22.2m) | $33.8m | $117.8m | $2.2m | $29.8m | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $84.0m | — | $17.9m | $22.9m | $24.5m | $55.6m | |
| Bank Owned Life Insurance Income | $5.4m | $6.1m | $5.8m | $4.4m | $5.2m | $6.0m | $7.1m | $8.6m | $6.3m | $12.8m | |
| Increase (Decrease) in Other Operating Liabilities | $4.8m | $11.7m | ($1.1m) | $54.0m | $47.0m | $4.0m | $30.2m | $21.8m | $8.2m | $11.2m | |
| Gain (Loss) on Sales of Loans, Net | — | — | — | $1.7m | $1.3m | $0 | $0 | $726k | $0 | $0 | |
| Proceeds from Stock Options Exercised | $10.9m | $7.0m | $8.2m | $9.7m | $1.5m | $14.0m | $5.2m | $630k | $2.5m | $930k | |
| Debt and Equity Securities, Gain (Loss) | — | — | $157k | $50k | $236k | ($176k) | ($8k) | ($8.3m) | ($39.4m) | $178k | |
| Gain (Loss) on Sale of Properties | — | $17.2m | $0 | $0 | $25.8m | $20.1m | $3.5m | $895k | $3.2m | $3.6m | |
| General and Administrative Expense | $14.9m | $16.3m | $14.1m | $14.1m | $15.7m | $13.8m | $13.3m | $13.0m | $12.4m | $13.6m | |
| Goodwill | $307.4m | $307.4m | $307.4m | $346.1m | $382.3m | $381.0m | $381.0m | $381.0m | $381.0m | $444.3m | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | ($11.9m) | $17.9m | $18.7m | $27.7m | $56.8m | |
| Net Cash Provided by (Used in) Operating Activities | $136.9m | $156.1m | $138.9m | $127.5m | $140.4m | $205.5m | $175.4m | $92.9m | $127.7m | $153.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $15.2m | $3.7m | $5.2m | $10.9m | $12.3m | $17.5m | $4.3m | $8.6m | $2.3m | $11.6m | |
| Payments to Acquire Businesses, Net of Cash Acquired | ($1.1b) | $0 | $0 | $28.8m | ($261.7m) | $0 | $0 | — | — | ($30.9m) | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | — | — | — | $178k | |
| Net Cash Provided by (Used in) Investing Activities | $1.1b | ($108.3m) | ($281.9m) | ($300.6m) | ($560.6m) | ($233.0m) | ($917.4m) | ($239.7m) | $175.0m | ($127.4m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $278.6m | $206.1m | $210.4m | $241.1m | $392.5m | $449.4m | $231.7m | $103.4m | $84.0m | $146.1m | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | — | — | $123.2m | $0 | $0 | — | — | — | |
| Repayments of Long-term Debt | $774.9m | $0 | $0 | — | $206.9m | $22.1m | $10.1m | $0 | $0 | $35.4m | |
| Payments for Repurchase of Common Stock | $1.8m | $0 | $0 | — | $9.3m | $23.9m | $0 | $0 | — | — | |
| Dividends paid | $60.2m | $65.2m | $69.9m | $76.2m | $93.1m | $100.3m | $101.5m | $101.7m | $101.9m | $109.9m | |
| Payments of Dividends | $60.2m | $65.2m | $69.9m | $76.2m | $93.1m | $100.3m | $101.5m | $101.7m | $101.9m | $109.9m | |
| Net Cash Provided by (Used in) Financing Activities | ($1.1b) | ($359.9m) | $134.1m | $165.2m | $1.1b | $570.5m | ($397.9m) | $129.7m | ($136.5m) | ($80.8m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($7.9m) | $675.4m | $543.0m | ($1.1b) | ($17.1m) | $166.1m | ($54.7m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $60.8m | $736.3m | $1.3b | $139.4m | $122.3m | $288.4m | $233.6m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $40.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.