Northwest Bancshares (NWBI) Restructuring Costs (2015 - 2020)

Northwest Bancshares has reported Restructuring Costs for 6 years, with the latest figure at $9.7 million in Q2 2020.

• For the quarter ending Q2 2020, Restructuring Costs rose 775.93% year-over-year to $9.7 million; the trailing twelve-month figure through Jun 2020 stood at $13.3 million (up 263.47% YoY), and the FY2020 full-year result was $20.8 million, up 398.78% from the prior year.
• Restructuring Costs for Q2 2020 stood at $9.7 million, up from $2.5 million in the prior quarter.
• The five-year high for Restructuring Costs was $9.7 million in Q2 2020, with the low at $23000.0 in Q3 2019.
• Historically, Restructuring Costs has averaged $2.0 million across 5 years, with a median of $1.1 million in 2019.
• Annual changes were most pronounced in 2019 — Restructuring Costs plunged 87.63% — and 2020, when it soared 775.93%.
• Northwest Bancshares' Restructuring Costs stood at $1.0 million in 2016, then tumbled by 83.75% to $164000.0 in 2017, then jumped by 165.24% to $435000.0 in 2018, then jumped by 156.09% to $1.1 million in 2019, then jumped by 768.85% to $9.7 million in 2020.
• The last three Restructuring Costs figures came in at $9.7 million (Q2 2020), $2.5 million (Q1 2020), and $1.1 million (Q4 2019), per Business Quant data.