The decision to simplify business operations appears to be working in the favor of Northwest Bancshares Inc.
The parent company of Northwest Bank (NASDAQ: NWBI) reported first-quarter net income of nearly $25 million – up 40.8 percent compared to the year-ago period when net income totaled $17.7 million. Earnings per share rose to 24 cents from 17 cents a year ago.
In a release, chairman and CEO William Wagner said the bank is “pleased that the strategies employed over the past two years to…
