Northwest Bancshares (NWBI) Service Charges (2010 - 2024)
Northwest Bancshares' (NWBI) quarterly Service Charges came in at $6.7 million in Q1 2024, up 43.92% YoY from $4.6 million in Q2 2023, and up 14.67% on a QoQ basis from $5.8 million in Q4 2023.
Northwest Bancshares (NWBI) Service Charges (2010 - 2024) Analysis & Trends
Northwest Bancshares (NWBI) has 15 years of Service Charges data on file, last reported at $6.7 million in Q1 2024.
- Quarterly Service Charges rose 43.92% year-over-year to $6.7 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $23.1 million (up 12.47% YoY) and the FY2023 annual result came in at $21.0 million, changed 0.44% from the prior year.
- Service Charges improved to $6.7 million in Q1 2024, from $5.8 million in the prior quarter.
- In the past five years, Service Charges ranged from a high of $14.4 million in Q2 2020 to a low of $4.2 million in Q4 2022.
- A 5-year average of $6.9 million and a median of $6.0 million in 2020 frame the typical range for Service Charges.
- Annual changes were most pronounced in 2020 — Service Charges jumped 70.59% — and 2022, when it plunged 58.57%.
- Tracing NWBI's Service Charges over 5 years: stood at $6.0 million in 2020, then surged by 69.9% to $10.2 million in 2021, then plunged by 58.57% to $4.2 million in 2022, then soared by 37.18% to $5.8 million in 2023, then increased by 14.67% to $6.7 million in 2024.
- The last three Service Charges figures came in at $6.7 million (Q1 2024), $5.8 million (Q4 2023), and $5.3 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | Northwest Bancshares | 2.24 Bn | -468.21 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 6.66 Mn |
| Dec 31, 2023 | 5.81 Mn |
| Sep 30, 2023 | 5.35 Mn |
| Jun 30, 2023 | 5.24 Mn |
| Mar 31, 2023 | 4.63 Mn |
| Dec 31, 2022 | 4.23 Mn |
| Sep 30, 2022 | 4.61 Mn |
| Jun 30, 2022 | 7.03 Mn |
| Mar 31, 2022 | 5.06 Mn |
| Dec 31, 2021 | 10.22 Mn |
| Sep 30, 2021 | 6.88 Mn |
| Jun 30, 2021 | 8.68 Mn |
| Mar 31, 2021 | 8.37 Mn |
| Dec 31, 2020 | 6.01 Mn |
| Sep 30, 2020 | 9.00 Mn |
| Jun 30, 2020 | 14.44 Mn |
| Mar 31, 2020 | 5.27 Mn |
| Dec 31, 2019 | 4.73 Mn |
| Sep 30, 2019 | 5.27 Mn |
| Jun 30, 2019 | 8.81 Mn |