Northwest Bancshares (NWBI) Tax Rate (2009 - 2026)
Northwest Bancshares (NWBI) reported Tax Rate of 24.19% for Q1 2026, up 107.0% on a YoY basis from 11.68% in Q1 2025, and up 9.33% quarter-over-quarter from 22.12% in Q4 2025.
Northwest Bancshares (NWBI) Tax Rate (2009 - 2026) Analysis & Trends
Northwest Bancshares has reported Tax Rate for 18 years, with the latest figure at 24.19% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 107.0% year-over-year to 24.19%; the trailing twelve-month figure through Mar 2026 stood at 23.03% (up 28.0% YoY), and the FY2025 full-year result was 22.59%, changed 0.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.19%, up from 22.12% in the prior quarter.
- The five-year high for Tax Rate was 24.32% in Q3 2022, with the low at 8.71% in Q3 2025.
- Historically, Tax Rate has averaged 21.95% across 5 years, with a median of 22.73% in 2024.
- The largest YoY upside for Tax Rate was 352 bps in 2025 against a maximum downside of 1400 bps in 2025.
- Northwest Bancshares' Tax Rate stood at 23.39% in 2022, then slipped by 9 bps to 21.26% in 2023, then advanced by 7 bps to 22.7% in 2024, then declined by 3 bps to 22.12% in 2025, then grew by 9 bps to 24.19% in 2026.
- The last three Tax Rate figures came in at 24.19% (Q1 2026), 22.12% (Q4 2025), and 8.71% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Northwest Bancshares | 2.16 Bn | -520.84 Mn | - | 24.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.19% |
| Mar 31, 2026 | 24.19% |
| Dec 31, 2025 | 22.12% |
| Dec 31, 2025 | 22.12% |
| Sep 30, 2025 | 8.71% |
| Sep 30, 2025 | 8.71% |
| Jun 30, 2025 | 23.64% |
| Jun 30, 2025 | 23.64% |
| Mar 31, 2025 | 23.12% |
| Mar 31, 2025 | 23.12% |
| Dec 31, 2024 | 22.70% |
| Dec 31, 2024 | 22.70% |
| Sep 30, 2024 | 22.70% |
| Sep 30, 2024 | 22.70% |
| Jun 30, 2024 | 20.11% |
| Jun 30, 2024 | 20.11% |
| Mar 31, 2024 | 22.73% |
| Mar 31, 2024 | 22.73% |
| Dec 31, 2023 | 21.26% |
| Dec 31, 2023 | 21.26% |