Northwest Bancshares (NWBI) reported $139.14 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 0.1%. EPS of $0.26 for the same period compares to $0.31 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $140.8 million, representing a surprise of -1.18%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.26.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Northwest Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Efficiency Ratio: 65.2% versus 64.7% estimated by three analysts on average.
• Net interest margin: 3.3% versus the three-analyst average estimate of 3.2%.
• Average Balance - Total interest-earning assets: $13.42 billion versus the three-analyst average estimate of $13.51 billion.
• Total noninterest (loss)/income: $27.83 million versus the three-analyst average estimate of $30.48 million.
• Mortgage banking income: $0.74 million versus the three-analyst average estimate of $0.96 million.
• Trust and other financial services income: $7.92 million compared to the $7.86 million average estimate based on two analysts.
• Other operating income: $1.03 million versus $3.86 million estimated by two analysts on average.
• Service charges and fees: $15.93 million compared to the $15.77 million average estimate based on two analysts.
• Net Interest Income: $111.30 million compared to the $110.09 million average estimate based on two analysts.
• Income from bank-owned life insurance: $1.43 million compared to the $1.20 million average estimate based on two analysts.

View all Key Company Metrics for Northwest Bancshares here>>>

Shares of Northwest Bancshares have returned +0.8% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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