Northwest Bancshares, Inc. · NASDAQ:NWBI
Northwest Bancshares — Shareholder Meeting (April 2022)
12 slides from Northwest Bancshares's shareholder meeting presentation, Apr 22, 2022
Slide 1: 2022 Annual Meeting of Stockholders
2022 Annual Meeting of Stockholders April 20, 2022 Ronald J. Seiffert Chairman, President and CEO William W. Harvey SEVP, Chief Financial Officer Richard K. Laws EVP, Chief Counsel and Corporate Secretary
Slide 2: Forward Looking Statements
Forward Looking Statements • This presentation contains forward-looking statements, which can be identified by the use of words such as “estimate,” “project,” “believe,” “intend,” “anticipate,” “plan,” “seek,” “expect” and words of similar meaning. These forward-looking statements include, but are n
Slide 3: Thank you, Northwest Employees!
Thank you, Northwest Employees! 3
Slide 4: Thank you, Northwest Customers!
Thank you, Northwest Customers! 4
Slide 5: Champions of Opportunity
Champions of OpportunityChampions of Opportunity 5
Slide 6: 2021 Strategic Initiatives
2021 Strategic Initiatives o Mergers, Acquisitions and Divestitures (sale of insurance business for $25.3 million gain) o Digital Transformation o Branch and Retail Workforce Optimization o Strong Credit Quality Trends o Culture Building o Holding Company Relocation to Columbus, Ohio o Talent, Acqui
Slide 7: 2021 Quarterly Summary
2021 Quarterly Summary A B C D E December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 (dollars in thousands, excluding share data) 1 Cash & investments $3,596,005 $3,292,595 $3,095,600 $3,013,705 $2,314,105 2 Loans, gross $10,016,392 $10,198,968 $10,309,980 $10,368,040
Slide 8: 2021 Annual Summary
A B C D Year Ended Year Ended YOY YOY December 31, 2021 December 31, 2020 Change $ Change % (dollars in thousands, excluding share data) 1 Net interest income $391,262 $391,728 ($466) (0.12)% 2 Provision for credit losses $11,883 ($83,975) $95,858 (114.15)% 3 Noninterest income $142,889 $132,265 $10
Slide 9: Stock Price Performance Since IPO
Stock Price Performance Since IPO (11/8/94-3/31/22) in total return % * (Source: S&P Capital IQ) 9
Slide 10: 2022 Focus
2022 Focus o Mergers and Acquisitions o Digital Transformation Phase II o Commercial Banking o Business Banking o Branch and Workforce Optimization o Diversity and Inclusion, as well as Environmental, Social and Governance Commitment o Risk Management o Talent, Acquisition, Development, Retention an
Slide 11: Conclusion
Conclusion 11
Slide 12: Northwest
Northwest
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