Northwest Bancshares
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Northwest Bancshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $526,631,999. The net income raised on $134,957,000 and profit margin reached 26%. Total operating expenses were $323,747,000.
Profit Margin
| 2014 | 316.59M | 61.96M | 19.57% |
|---|---|---|---|
| 2015 | 328.84M | 60.54M | 18.41% |
| 2016 | 390.26M | 49.66M | 12.73% |
| 2017 | 438.41M | 94.46M | 21.55% |
| 2018 | 428.13M | 105.49M | 24.64% |
| 2019 | 457.31M | 110.43M | 24.15% |
| 2020 | 520.71M | 74.85M | 14.38% |
| 2021 | 506.89M | 154.32M | 30.44% |
| 2022 | 529.72M | 133.66M | 25.23% |
| 2023 | 526.63M | 134.95M | 25.63% |
NWBI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 526.63M | 529.72M | 506.89M | 520.71M | 457.31M | 428.13M | 438.41M | 390.26M | 328.84M | 316.59M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 526.63M | 529.72M | 506.89M | 520.71M | 457.31M | 428.13M | 438.41M | 390.26M | 328.84M | 316.59M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 9.44M | 9.09M | 8.23M | 7.69M | 6.99M | 8.43M | 9.60M | 8.85M | 8.49M | 8.21M |
Total operating expenses | 323.74M | -356.03M | 116.49M | 117.70M | 100.13M | -294.22M | 102.09M | 91.58M | 75.06M | 215.53M |
Operating income | 202.88M | 173.69M | 201.12M | 92.52M | 141.11M | 133.91M | 135.91M | 71.31M | 88.5M | 83.75M |
Other income (expenses), net | -27.80M | 173.69M | 201.12M | -52.54M | 141.11M | 133.91M | -29.11M | 71.31M | -30.89M | -21.85M |
Income before tax | 175.07M | 173.69M | 201.12M | 92.52M | 141.11M | 133.91M | 135.91M | 71.31M | 88.5M | 83.75M |
Income tax expense | 40.12M | 40.02M | 46.80M | 17.67M | 30.67M | 28.42M | 41.44M | 21.64M | 27.96M | 21.79M |
Net income | 134.95M | 133.66M | 154.32M | 74.85M | 110.43M | 105.49M | 94.46M | 49.66M | 60.54M | 61.96M |
Earnings per share | ||||||||||
Basic EPS | 1.06 | 1.05 | 1.22 | 0.62 | 1.05 | 1.03 | 0.94 | 0.5 | 0.64 | 0.68 |
Diluted EPS | 1.06 | 1.05 | 1.21 | 0.62 | 1.04 | 1.02 | 0.92 | 0.49 | 0.64 | 0.67 |
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