Northwest Bancshares, Inc. (NWBI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. At this time, I would like to welcome everyone to the Northwest Bank Shares, Inc. First Quarter 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during this time, simply press star followed by the number one on your telephone keypad. I would now like to turn the conference over to Michael Perry, Northwest Managing Director of Corporate Development of Strategy and Investor Relations. Please go ahead. Good morning, everyone, and thank you, operator. Welcome to Northwest Bankshear's first quarter 2025 earnings call. Joining me today are Lou Torshio, president and CEO of Northwest Bankshears, Doug Shosser, our chief financial officer, Sean Morrow, our treasurer, and TK Creel, our chief credit officer. During this call, we will refer to information included in the supplemental first quarter earnings presentation, which is available on our investor relations website. If you'd like to read our forward looking and other related disclosures, you can find them on slide two. Thank you. And now I'll hand it over to Lou. Good morning, everyone. Thanks for joining us today to discuss our first quarter results. I'm pleased with our performance in the first quarter of 2025 as we continue to execute our strategy and deliver on our commitment to sustainable, responsible, and profitable growth. Doug will discuss the details of our core financial performance shortly, but I will address some of the highlights on slide four. Overall, we had a strong start to the year, delivering $156 million of revenue while controlling our overall expenses to deliver net income of $43 million, an increase of $14 million, or ...