v3.26.1
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 002  
EBP, Investment, Fair Value and NAV [Line Items]  
Summary of Investments
The following table represents the Plan’s investments measured at fair value on a recurring basis at December 31, 2025:
 
Level 1Level 2Level 3Total
Mutual funds $87,819,771 $— $— $87,819,771 
Money market fund11,667,019 — — 11,667,019 
Northwest Bancshares, Inc. common stock44,010,120 — — 44,010,120 
Total assets in the fair value hierarchy143,496,910 — — 143,496,910 
Investments measured at net asset value (a)— — — 128,468,235 
Total investments at fair value$143,496,910 $— $— $271,965,145 
 
The following table represents the Plan’s investments measured at fair value on a recurring basis at December 31, 2024: 
Level 1Level 2Level 3Total
Mutual funds $77,209,844 $— $— $77,209,844 
Money market fund10,570,465 — — 10,570,465 
Northwest Bancshares, Inc. common stock52,143,706 — — 52,143,706 
Total assets in the fair value hierarchy139,924,015 — — 139,924,015 
Investments measured at net asset value (a)— — 114,767,957 
Total investments at fair value$139,924,015 $— $— $254,691,972 

(a) Certain investments that are measured at net asset value ("NAV") per share (or its equivalent) have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the statements of net assets available for benefits.
The following tables summarize investments measured at fair value based on NAV per share as of December 31, 2025 and 2024. There are no participant redemption restrictions for these investments; the redemption notice period is applicable only to the Plan.

12/31/2025Fair ValueUnfunded CommitmentsRedemption Frequency (if currently eligible)Redemption Notice Period
Collective investment trusts$128,468,235 N/ADaily10 days

12/31/2024Fair ValueUnfunded CommitmentsRedemption Frequency (if currently eligible)Redemption Notice Period
Collective investment trusts$114,767,957 N/ADaily10 days