NWBI

Northwest Bancshares, Inc.

16.02^post+$0.01 (+0.06%)at close +$0.13 (+0.82%)

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as of 19:59:59 UTCnext report Nov 9 · 96d

Earnings Room‹ back to NWBI

The report

fiscal Q3 2026 · from the company's notice

Nov 996days out

Expected movement

market-implied · at the Aug 4 close

±9.7%is what the chain prices between now and the expiry below. Not a view we hold.

That span is 108days, so it covers the report plus the ordinary movement around it. The chain doesn't yet quote a second expiry we can separate the two with; the range narrows onto the report as it approaches.

expiry Nov 20 · first after the reportATM strike 15straddle 1.82ATM IV 25%× 0.85 straddle-to-rangespot 16.02

Blast radius

5 linked · N-PORT + EDGAR

If NWBI moves ±9.7% over this report, these carry part of it. Fund rows are arithmetic on published holding weights — what an index fund does by construction. Company rows are named by filings and their coefficient measured against two years of daily returns.

SCHDfundSchwab U.S. Dividend Equity ETF0.07% of the fund0.01%IWMfundiShares Russell 2000 ETF0.06% of the fund0.01%VTIfundVanguard Total Stock Market Index Fund0.00% of the fund0.00%VsupplierVisa network×0.31 · 500 days3.0%NDAQsupplierNASDAQ Global Select Market×0.28 · 500 days2.8%

Positioning

3 expiries · as of the Aug 3 close

Contracts already committed, not just traded today — puts against calls, sized by expiry. The tick is today's volume moving against that stance; the arrow, how much built up since the prior session.

OI ΔPutsOI

Expiry

OICallsOI Δ

first

260

Aug 21

18d

842

first

Sep 18

46d

101

first

175

Nov 20

109d

1.7k

first

The record

expected in pale · actual in full color

0/8reports moved further than the options market had pricedtypically ±2.7% realized vs ±6.5% priced

Jul 27 '26±4.2%→+3.2%×0.77

Apr 27 '26±11.7%→+5.0%×0.42

Jan 26 '26±6.6%→+0.8%×0.12

Oct 27 '25±4.1%→−3.7%×0.90

Jul 29 '25±4.3%→−2.9%×0.67

Apr 28 '25±7.0%→+5.7%×0.82

Jan 24 '25±6.2%→+0.1%×0.01

Oct 29 '24±8.0%→−0.1%×0.02

pale = implied the day beforeink = the next day's close× = realized ÷ implied

2-quarter memory

Q1 FY26 · reported 0.34 · rev $175M

record note

The note composes when the report lands. Nothing is written for a quarter that hasn't been read.