KPIs & Operating Metrics(New)

Northwest Bancshares (NWBI) Tax Rate: 2009-2024

Historic Tax Rate for Northwest Bancshares (NWBI) over the last 16 years, with Dec 2024 value amounting to 22.59%.

  • Northwest Bancshares' Tax Rate rose 861.00% to 34.91% in Q4 2015 from the same period last year, while for Dec 2015 it was 31.59%, marking a year-over-year increase of 557.00%. This contributed to the annual value of 22.59% for FY2024, which is 32.00% down from last year.
  • Per Northwest Bancshares' latest filing, its Tax Rate stood at 22.59% for FY2024, which was down 1.41% from 22.92% recorded in FY2023.
  • Northwest Bancshares' Tax Rate's 5-year high stood at 23.27% during FY2021, with a 5-year trough of 19.10% in FY2020.
  • For the 3-year period, Northwest Bancshares' Tax Rate averaged around 22.85%, with its median value being 22.92% (2023).
  • Its Tax Rate has fluctuated over the past 5 years, first tumbled by 264bps in 2020, then spiked by 417bps in 2021.
  • Over the past 5 years, Northwest Bancshares' Tax Rate (Yearly) stood at 19.10% in 2020, then skyrocketed by 417bps to 23.27% in 2021, then declined by 23bps to 23.04% in 2022, then decreased by 13bps to 22.92% in 2023, then slumped by 32bps to 22.59% in 2024.