Northwest Bancshares (NWBI) Service Charges (2010 - 2024)

Northwest Bancshares (NWBI) has reported Service Charges for 15 consecutive years, with $6.7 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Service Charges rose 43.92% year-over-year to $6.7 million; the trailing twelve-month figure through Mar 2024 stood at $23.1 million (up 12.47% YoY), and the FY2023 full-year result was $21.0 million, changed 0.44% from the prior year.
• Service Charges advanced to $6.7 million in Q1 2024 per NWBI's latest filing, from $5.8 million in the prior quarter.
• Across five years, Service Charges topped out at $14.4 million in Q2 2020 and bottomed at $4.2 million in Q4 2022.
• Historically, Service Charges has averaged $6.9 million across 5 years, with a median of $6.0 million in 2020.
• The sharpest annual moves came in 2020 and 2022: Service Charges surged 70.59% in 2020, then sank 58.57% in 2022.
• Over 5 years, Service Charges stood at $6.0 million in 2020, then jumped by 69.9% to $10.2 million in 2021, then slumped by 58.57% to $4.2 million in 2022, then surged by 37.18% to $5.8 million in 2023, then gained by 14.67% to $6.7 million in 2024.
• According to Business Quant data, Service Charges over the past three periods registered $6.7 million, $5.8 million, and $5.3 million for Q1 2024, Q4 2023, and Q3 2023 respectively.