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Northwest Bancshares NWBI Provision (benefit) for other credit losses

Provision (benefit) for other credit losses at other companies

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Other financials

Income statement

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Revenue$175.1M+12.1%
Net income$50.5M+16.3%
EPS (diluted)$0.340.0%

Balance sheet

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Cash & equivalents$286.7M-18.8%
Total debt$50.5M-79.8%
Total equity$1.9B+16.9%
Total assets$16.9B+17.0%

Cash flow

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Operating cash flow$73.9M-31.4%
CapEx$4.3M+136%
Free cash flow$69.6M-34.3%

Valuation

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Market cap$2.17B+21.0%
P/E16.3×+0.7×
P/S3.2×-0.1×

Profitability

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Net margin19.8%-1.2pp
FCF margin16.6%

Returns & leverage

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Return on equity7.5%+0.3pp
Debt / equity-0.1×

Where this comes from

Reported directly by Northwest Bancshares in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.

The official record: Northwest Bancshares’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northwest Bancshares's provision (benefit) for other credit losses?
Northwest Bancshares (NWBI) reported provision (benefit) for other credit losses of -$585K in Q1 2026.
How has Northwest Bancshares's provision (benefit) for other credit losses changed year-over-year?
Northwest Bancshares's provision (benefit) for other credit losses decreased by 69.6% year-over-year, from -$345K to -$585K.
What is the long-term trend for Northwest Bancshares's provision (benefit) for other credit losses?
Over 2 years (2021 to 2023), Northwest Bancshares's provision (benefit) for other credit losses has grown at a 3.8% compound annual growth rate (CAGR), from -$3.91M to $4.21M.
What does provision (benefit) for other credit losses mean?
The expense recognized to account for expected credit losses on financial assets other than loans, such as off-balance sheet credit exposures or unfunded commitments. It reflects management's assessment of potential credit risk and the adequacy of reserves for non-loan assets.