Northwest Bancshares, Inc. · NASDAQ:NWBI
Northwest Bancshares — Raymond James & Associates Institutional Investor Conference 2026
17 slides from Northwest Bancshares's conference presentation, Mar 4, 2026
Slide 1: Investor Presentation
Investor Presentation Raymond James & Associates Institutional Investor Conference March 4, 2026 Louis J. Torchio President and Chief Executive Officer Douglas M. Schosser Chief Financial Officer Michael D. Perry Corporate Development & Strategy Investor Relations
Slide 2: Forward-looking Statements and Additional Information
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,” “project,” “target,” “goal” and simila
Slide 3: Full Year 2025 Highlights
Full Year 2025 Highlights Balance Sheet Net Interest Earnings per Revenue Growth Management Income Share (GAAP) Adjusted* +$2.4B $655 MM 3.69% $.92 $1.26 YTD Total Asset 2025 Total Revenue 2025 Year Ended 4Q YTD EPS Growth (A Record Year) NIM* (GAAP) Adjusted* +26.3% +25.3% +20.6% 16% 21% YOY Avg. C
Slide 4: Performance Transformation
Performance Transformation NWBI’s transformation has continued over the last 3 years leading to further improvement in key performance metrics • Revenue grew +23.5%, outperforming peers • Efficiency ratio (Adj*) improved to 59.3% • EPS (Adj*) grew +16.7% FY 2022 FY 2025 NWBI Growth % Proxy Peer(1) M
Slide 5: Market Coverage
Market Coverage Branches Cities with a population over 250,000 Recently Acquired Branches Cities with a population over NY De Novo Branch Opportunities 750,000 Niagara Monroe Northwest Bancshares, Inc. – Columbus, Ohio Buffalo Erie Northwest Bank – Warren, Pennsylvania OH Chautauqua IN Toledo Clevel
Slide 6: Commercial Banking Review
Commercial Banking Review Commercial Banking operates across 8 different relationship verticals and acquires and supports customers in areas surrounding our retail branch network and through specific targeted national businesses 5 “new” verticals started since 2023: -SBA Lending -Sponsor Finance -Eq
Slide 7: "New" National Commercial Verticals
“New” National Commercial Verticals Bal. Bal. Bal. $MMs SBA (est. 2023) $MMs Equipment Finance (est. 2023) $MMs Franchise Finance (est. 2024) 250 250 500 150 $425 $192 125 $115 200 200 400 $354 100 150 150 300 $105 75 $179 100 100 $71 200 $59 50 $33 50 50 100 25 $0 $0 0 0 2023 EB 2024 2025 0 0 2023
Slide 8: Northwest Bancshares, Inc. – As of 2/27/2026
Northwest Bancshares, Inc. – As of 2/27/2026 Ticker: NWBI 52 Week High: $13.62 Closing Price: $12.45 52 Week Low: $10.75 Market Cap: $1,819MM Avg Daily Volume (3 Month): 961.6k Dividend Yield: 6.4% Shares Outstanding: 146.1MM Data source: S&P Capital IQ Pro 8
Slide 9: Appendix
>»» Appendix
Slide 10: Northwest Bancshares At-A-Glance
Northwest Bancshares At-A-Glance For the quarter ended December 31, 2025 FOUNDED FINANCIAL CENTERS 1896 151 TOTAL ASSETS TOTAL LOANS TOTAL DEPOSITS NIM* $16.8B $13.0B $13.9B 3.69% ROA ROE Diluted EPS 1.10% 9.70% $0.31 Adjusted ROA* Adjusted ROE* Adjusted Diluted EPS* 1.17% 10.33% $0.33 10 * Non-GAAP
Slide 11: Executive Management Team
Executive Management Team Louis J. Torchio President and Chief Executive Officer Urich T. Bowers James M. Colestro Carey A. Barnum Gregory J Betchkal Chief Consumer Banking Chief Retail Lending Chief Auditor Chief Risk Officer and Strategy Officer Officer Devin T. Cygnar Jay M. DesMarteau Thomas K.
Slide 12: Building Out Management Team for Transformation and Growth
Building Out Management Team for Transformation and Growth Added 190+ years of Experience TD Bank Morgan Stanley Huntington Huntington Lending Club Merrill Lynch President, Chief Commercial Chief Accounting Head of Corporate Chief Legal CEO & Director Banking Officer Officer Development and Counsel
Slide 13: 2026 Outlook
2026 Outlook(1) 2025 Baseline FY2026 (vs. FY2025) Loan Balance EOP $13.0 Billion Loan Growth: Low to Mid single digits Deposit Balance EOP $13.9 Billion Deposit Growth: Low single digits Revenue $655 Million $710 Million - $730 Million Net Interest Margin (FTE)* 3.69% Low 370s bps Noninterest Income
Slide 14: Non-GAAP Reconciliation
Non-GAAP Reconciliation 1 14 * Dollars in thousands, except per share amounts
Slide 15: Non-GAAP Reconciliation
Non-GAAP Reconciliation 2 15 * Dollars in thousands, except per share amounts
Slide 16: Non-GAAP Reconciliation
Non-GAAP Reconciliation 3 Quarter ended Year ended December 31, December 31, September 30, December 31, 2025 2024 2022 2025 2025 2024 Efficiency ratio, excluding loss on the sale of investments, amortization and merger, asset disposition and restructuring expenses Non-interest expense $113,521 133,4
Slide 17: Non-GAAP Reconciliation
Non-GAAP Reconciliation 4 17 * Dollars in thousands, except per share amounts
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