Northwest Bancshares(NWBI)
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Northwest Bancshares(NWBI) - 2024 Q2 - Earnings Call Transcript
2024-07-24 01:44
财务数据和关键指标变化 - 公司宣布第二季度净收益为5百万美元或每股0.04美元,调整后每股收益为0.27美元,超出分析师预期0.05美元 [19] - 贷款增长较为温和,公司专注于提高新贷款收益率而非积极追求贷款增长 [20] - 净利差在第一季度触底后反弹至320个基点 [20][26] - 非利息收入较上季度增长9%,主要受益于SBA贷款销售收益增加67% [27] - 非利息支出维持在9000万美元水平,调整后基本持平 [28] - 信贷质量保持良好,贷款损失准备覆盖率略有上升至1.10% [21][29] 各条业务线数据和关键指标变化 - 商业及工业贷款较上季度增长3.2%,较上年同期增长33.4%,反映商业银行转型的成果 [23][24] - 住房抵押贷款较上年下降4.1% [23] - 商业房地产贷款较上季度增长不到1% [24] - 贷款收益率连续5个季度稳步上升,现为5.47% [24] 各个市场数据和关键指标变化 - 存款较上季度增长1.6%,较上年同期增长5.8%,存款成本上升15个基点,为近5个季度最低 [25] - 存款成本为1.76%,接近行业最佳水平 [25] 公司战略和发展方向及行业竞争 - 公司继续推进商业银行转型,建立了新的商业贷款垂直业务,如sponsor finance、equipment finance、sports finance、franchise finance和SBA贷款组,均超出预期表现 [12] - 公司成功完成证券组合重组,提高了证券投资收益率,并大幅降低了隔夜借款 [13][22] - 公司正积极探讨并购机会,包括扩展地理覆盖范围、获取新的业务线或存款来源 [55][58] 管理层对经营环境和未来前景的评论 - 管理层对公司核心财务业绩表示满意,并对证券组合重组后的前景充满信心 [14] - 预计下半年将保持适度且有利可图的贷款增长,存款将基本持平,净利差有望温和扩张 [33] - 非利息收入预计增长0.2%,费用将保持平稳,有利于提升效率比率 [33] - 信贷质量和税率预计将趋于正常化 [33] 其他重要信息 - 公司成功应对了CrowdStrike IT事件,所有分支机构和ATM机均正常运营,为客户提供服务 [15] - 公司宣布向股东派发每股0.20美元的季度股息 [16] - 公司增强了管理团队,引进了多名资深高管,包括新任首席消费者银行和战略官、新任首席财务官等 [9][10][11] 问答环节重要的提问和回答 问题1 **Tim Switzer 提问** 询问证券重组的时间安排和对净利差的影响 [37][38][39][40][41] **Douglas Schosser 回答** 证券重组主要发生在5月中旬至6月末,预计将在第三季度为净利差带来9个基点的增长,此外还有一定的核心净利差改善空间 [38][41] 问题2 **Daniel Cardenas 提问** 询问商业房地产贷款集中度 [66][67] **Douglas Schosser 和 Jeffrey Maddigan 回答** 商业房地产贷款占比为168% [74] 问题3 **Manuel Navas 提问** 询问贷款组合中浮动利率贷款的占比和收益率 [76][77][78][80] **Douglas Schosser 回答** 商业贷款组合中53%为浮动利率贷款,整体贷款组合中27%为浮动利率,浮动利率贷款平均收益率为7.95% [77][83]
Northwest Bancshares(NWBI) - 2024 Q2 - Earnings Call Presentation
2024-07-23 23:03
Second Quarter 2024 Earnings Conference Call July 23, 2024 Louis J. Torchio President and Chief Executive Officer Douglas M. Schosser Chief Financial Officer T.K. Creal Chief Credit Officer Jeffrey J. Maddigan Treasurer and Investor Relations Forward-looking Statements and Additional Information The information contained in this presentation may contain forward-looking statements. When used or incorporated by reference in disclosure documents, the words "believe," "anticipate," "estimate," "expect," "projec ...
Northwest Bancshares (NWBI) Tops Q2 Earnings Estimates
ZACKS· 2024-07-23 21:35
Northwest Bancshares (NWBI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.39%. A quarter ago, it was expected that this holding company for Northwest Savings Bank would post earnings of $0.23 per share when it actually produced earnings of $0.23, delivering no surprise.Over the l ...
Northwest Bancshares(NWBI) - 2024 Q2 - Quarterly Results
2024-07-23 19:03
EXHIBIT 99.1 PRESS RELEASE OF NORTHWEST BANCSHARES, INC. EARNINGS RELEASE FOR IMMEDIATE RELEASE Contact: Louis J. Torchio, President and Chief Executive Officer Douglas M. Schosser, Chief Financial Officer (814) 726-2140 Northwest Bancshares, Inc. Announces Second Quarter 2024 net income of $5 million, or $0.04 per diluted share The Company's adjusted net operating income was $35 million, or $0.27 per diluted share (1) Previously announced balance sheet restructure successfully completed Net interest margin ...
Northwest Bancshares, Inc. Announces Second Quarter 2024 net income of $5 million, or $0.04 per diluted share
Prnewswire· 2024-07-23 19:00
The Company's adjusted net operating income was $35 million, or $0.27 per diluted share(1) Previously announced balance sheet restructure successfully completedNet interest margin expands 10 basis points to 3.20%Credit quality remains strong119th consecutive quarterly dividend of $0.20 per share declaredCOLUMBUS, Ohio, July 23, 2024 /PRNewswire/ --Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended June 30, 2024 of $5 million, or $0.04 per diluted share. ...
Northwest Bancshares, Inc. to Host Second-Quarter 2024 Earnings Call
Prnewswire· 2024-07-13 05:00
COLUMBUS, Ohio, July 12, 2024 /PRNewswire/ -- will host a conference call to review second-quarter 2024 financial results on Tuesday, July 23 at 9:00 a.m. (EDT). The results are scheduled to be released at approximately 7:00 a.m. (EDT). The live audio webcast and presentation slides will be available on www.northwest.com under Investor Relations, Events & Presentations.Northwest will notify the public that financial results have been issued through its social media outlet @NWSB on X and Northwest Bank on Li ...
Northwest Bancshares: 6.9% Dividend Yield, But Earnings Outlook Is Negative
Seeking Alpha· 2024-07-11 11:57
Sean Reid/iStock via Getty Images Earnings of Northwest Bancshares, Inc. (NASDAQ:NWBI) will most probably dip this year because of margin pressure. On the other hand, mid-single-digit loan growth will offer some support to the bottom line. Overall, I’m expecting earnings to dip by 13% year-over-year to $0.92 per share in 2024 before growing by 2.2% to $0.94 per share in 2025. My valuation analysis suggests that the market has overreacted to the earnings outlook, taking the stock price down to an unjusti ...
Northwest Bancshares(NWBI) - 2024 Q1 - Quarterly Report
2024-05-04 03:35
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-34582 NORTHWEST BANCSHARES, INC. (Exact name of registrant as specified in its charter) Maryland 27-0950358 (State or oth ...
Northwest Bancshares(NWBI) - 2024 Q1 - Quarterly Results
2024-04-22 21:04
EXHIBIT 99.1 PRESS RELEASE OF NORTHWEST BANCSHARES, INC. EARNINGS RELEASE FOR IMMEDIATE RELEASE Contact: Louis J. Torchio, President and Chief Executive Officer Douglas M. Schosser, Senior Executive Vice President, Chief Financial Officer (814) 726-2140 Northwest Bancshares, Inc. Announces First Quarter 2024 Earnings and Quarterly Dividend 118th consecutive quarterly dividend of $0.20 per share declared. Columbus, Ohio — April 22, 2024 Northwest Bancshares, Inc., (the “Company”), (NasdaqGS: NWBI) announced ...
Northwest Bancshares(NWBI) - 2023 Q4 - Annual Report
2024-02-24 06:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the Fiscal Year Ended December 31, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the transition period from _____ to _____ Commission File No. 001-34582 NORTHWEST BANCSHARES, INC. (Exact name of registrant as specified in its charter) Maryland 27-0950358 (State or other jurisdict ...