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Earnings announced for Q2

July 25, 2014
From staff reports , Lewistown Sentinel

WARREN - Northwest Bancshares Inc. announced net income for the quarter ended June 30 of $12.7 million or 14 cents per diluted share. This represents a decrease of $763,000, or 5.7 percent, compared to the same quarter last year when net income was $13.5 million, or 15 cents per diluted share, and a decrease of $1.9 million, or 13.1 percent, compared to the quarter ended March 31, when net income was $14.6 million, or 16 cents per diluted share. The annualized returns on average shareholders' equity and average assets for the quarter ended June 30 were 4.77 percent and .64 percent compared to 4.79 percent and .68 percent for the same quarter last year and 5.16 percent and .75 percent for the quarter ended March 31.

 
 
 

 

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