Northwest Bancshares (NWBI) Interest Coverage Ratio: 2009-2024
Historic Interest Coverage Ratio for Northwest Bancshares (NWBI) over the last 16 years, with Dec 2024 value amounting to 1.55.
- Northwest Bancshares' Interest Coverage Ratio rose 1.27% to 2.72 in Q4 2015 from the same period last year, while for Dec 2015 it was 2.57, marking a year-over-year increase of 3.67%. This contributed to the annual value of 1.55 for FY2024, which is 27.70% down from last year.
- Per Northwest Bancshares' latest filing, its Interest Coverage Ratio stood at 1.55 for FY2024, which was down 27.70% from 2.15 recorded in FY2023.
- In the past 5 years, Northwest Bancshares' Interest Coverage Ratio registered a high of 8.38 during FY2021, and its lowest value of 1.55 during FY2024.
- Its 3-year average for Interest Coverage Ratio is 3.63, with a median of 2.15 in 2023.
- Per our database at Business Quant, Northwest Bancshares' Interest Coverage Ratio spiked by 163.14% in 2021 and then slumped by 70.04% in 2023.
- Northwest Bancshares' Interest Coverage Ratio (Yearly) stood at 3.19 in 2020, then surged by 163.14% to 8.38 in 2021, then fell by 14.37% to 7.18 in 2022, then crashed by 70.04% to 2.15 in 2023, then decreased by 27.70% to 1.55 in 2024.