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Stock Market & Financial Investment News

News Breaks
July 21, 2014
10:50 EDTNWBINorthwest Bancshares reports Q2 EPS 14c, consensus 16c
The provision for loan losses increased by $2.9M, or 53.3%, to $8.3M for the quarter ended June 30, from $5.4M for the quarter ended June 30, 2013 and increased by $800,000 compared to the quarter ended March 31. This increase is due primarily to the deterioration of several commercial loans which required a provision of $5.5M.
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