Northwest Bancshares, Inc. (NWBI)

NASDAQ: NWBI · Real-Time Price · USD
12.75
+0.10 (0.79%)
Feb 21, 2025, 9:30 AM EST - Market open
0.79%
Market Cap 1.63B
Revenue (ttm) 498.08M
Net Income (ttm) 100.28M
Shares Out 127.51M
EPS (ttm) 0.79
PE Ratio 16.01
Forward PE 11.84
Dividend $0.80 (6.32%)
Ex-Dividend Date Feb 3, 2025
Volume 32,021
Open 12.74
Previous Close 12.65
Day's Range 12.75 - 12.75
52-Week Range 10.45 - 15.42
Beta 0.64
Analysts Sell
Price Target 12.50 (-1.96%)
Earnings Date Jan 24, 2025

About NWBI

Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans, shorter term consumer loans, and loans collateralized by multi-family residential and commercial real estate; home equity loans and lines of credit... [Read more]

Sector Financials
Founded 1896
Employees 1,956
Stock Exchange NASDAQ
Ticker Symbol NWBI
Full Company Profile

Financial Performance

In 2024, Northwest Bancshares's revenue was $498.08 million, a decrease of -5.42% compared to the previous year's $526.63 million. Earnings were $100.28 million, a decrease of -25.51%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for NWBI stock is "Sell." The 12-month stock price forecast is $12.5, which is a decrease of -1.96% from the latest price.

Price Target
$12.5
(-1.96% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Northwest Bancshares: Continue To Own For Juicy Income

We continue to recommend holding Northwest Bancshares, Inc. for its over 6% dividend yield, despite mixed asset quality and return metrics. Q4 earnings showed strong revenue growth and net income incr...

23 days ago - Seeking Alpha

Northwest Bancshares, Inc. (NWBI) Q4 2024 Earnings Call Transcript

Northwest Bancshares, Inc. (NASDAQ:NWBI) Q4 2024 Earnings Conference Call January 24, 2025 10:00 AM ET Company Participants Michael Perry - Managing Director, Corporate Strategy and Development and I...

27 days ago - Seeking Alpha

Northwest Bancshares, Inc. Announces Fourth Quarter 2024 net income of $33 million, or $0.26 per diluted share

Adjusted net income (non-GAAP) of $35 million , or $0.27 per diluted share Net interest margin expands 9 basis points to 3.42%, inclusive of 6bps from an interest recovery Efficiency ratio improved to...

4 weeks ago - PRNewsWire

Northwest Bancshares, Inc. to Host Fourth Quarter 2024 Earnings Call

COLUMBUS, Ohio , Jan. 10, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. (NASDAQ: NWBI) will host a conference call to review fourth quarter 2024 financial results on Friday, January 24 at 10:00 a.m....

5 weeks ago - PRNewsWire

Northwest Bancshares: A Growing Regional Bank With Attractive Dividend Yield

I'm initiating coverage of Northwest Bancshares with a buy rating, more bullish than today's consensus calling for a hold. With a recent acquisition of another regional bank, and growth in commercial ...

6 weeks ago - Seeking Alpha

PENNS WOODS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Penns Woods Bancorp, Inc. - PWOD

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Penns Woods Banc...

Other symbols: PWOD
6 weeks ago - Business Wire

Northwest Bancshares, Inc. Announces Agreement to Acquire Penns Woods Bancorp, Inc.

COLUMBUS, Ohio , Dec. 17, 2024 /PRNewswire/ -- Northwest Bancshares, Inc. ("Northwest") (NASDAQ: NWBI) the bank holding company for Northwest Bank, and Penns Woods Bancorp, Inc. ("Penns Woods") (NASDA...

Other symbols: PWOD
2 months ago - PRNewsWire

Northwest Bancshares Inc. (NWBI) Q3 2024 Earnings Call Transcript

Northwest Bancshares Inc. (NASDAQ:NWBI) Q3 2024 Results Conference Call October 29, 2024 9:00 AM ET Company Participants Joseph Canfield - Executive Vice President, Chief Accounting Officer Louis Tor...

4 months ago - Seeking Alpha

Northwest Bancshares, Inc. Announces Third Quarter 2024 net income of $34 million, or $0.26 per diluted share

Net interest margin expands 13 basis points to 3.33%, inclusive of 4bps from an interest recovery Average deposits grew $10 million while cost of funds remain ed stable Noninterest expense declines $2...

4 months ago - PRNewsWire

Staying The Course With Northwest Bancshares As Earnings Near

Northwest Bancshares remains a 'hold' as its performance is expected to match the broader market. Despite a 7.6% rise in net interest income, non-interest income fell significantly due to one-time los...

4 months ago - Seeking Alpha

Northwest Bancshares, Inc. to Host Third-Quarter 2024 Earnings Call

COLUMBUS, Ohio , Oct. 8, 2024 /PRNewswire/ -- Northwest Bancshares, Inc. (NASDAQ: NWBI) will host a conference call to review third-quarter 2024 financial results on Tuesday, October 29 at 9:00 a.m. (...

4 months ago - PRNewsWire

Collect 3X To 5X More Income With These 5 Steady Dividend Stocks

Worried about a serious pullback in the S&P 500? That something is going to go a bit haywire here in America, or overseas, and send stocks swooning?

Other symbols: AMCRGTYOHIUVV
7 months ago - Forbes

Northwest Bancshares, Inc. (NWBI) Q2 2024 Earnings Call Transcript

Northwest Bancshares, Inc. (NASDAQ:NWBI) Q2 2023 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Jeffrey Maddigan - Head, Investor Relations Louis Torchio - President and Chief...

7 months ago - Seeking Alpha

Northwest Bancshares, Inc. Announces Second Quarter 2024 net income of $5 million, or $0.04 per diluted share

The Company's adjusted net operating income was $35 million, or $0.27 per diluted share (1)   Previously announced balance sheet restructure successfully completed Net interest margin expands 10 basis...

7 months ago - PRNewsWire

Northwest Bancshares, Inc. to Host Second-Quarter 2024 Earnings Call

COLUMBUS, Ohio , July 12, 2024 /PRNewswire/ -- will host a conference call to review second-quarter 2024 financial results on Tuesday, July 23 at 9:00 a.m. (EDT). The results are scheduled to be relea...

7 months ago - PRNewsWire

Northwest Bancshares: 6.9% Dividend Yield, But Earnings Outlook Is Negative

Interest rate cuts will pressurize the margin, which will, in turn, pressurize earnings. I'm expecting earnings to dip by 13% to $0.92 per share this year. NWBI is currently offering a dividend yield ...

8 months ago - Seeking Alpha

Northwest Bancshares, Inc. Announces First Quarter 2024 Earnings and Quarterly Dividend

118th consecutive quarterly dividend of $0.20 per share declared. COLUMBUS, Ohio , April 22, 2024 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for...

10 months ago - PRNewsWire

Northwest Bancshares, Inc. and Northwest Bank Name Douglas M. Schosser Chief Financial Officer

COLUMBUS, Ohio , Feb. 26, 2024 /PRNewswire/ -- Northwest Bancshares, Inc. (Nasdaq: NWBI) and its wholly-owned subsidiary Northwest Bank announced today that Douglas M. Schosser has been appointed Chie...

1 year ago - PRNewsWire

Northwest Bancshares, Inc. Announces Fourth Quarter 2023 Earnings and Quarterly Dividend

COLUMBUS, Ohio , Jan. 22, 2024 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended December 31, 2023 of $29.0 million, or $0.23 per...

1 year ago - PRNewsWire

Northwest Bancshares, Inc. Announces Third Quarter 2023 Earnings and Quarterly Dividend

COLUMBUS, Ohio , Oct. 23, 2023 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended September 30, 2023 of $39.2 million, or $0.31 pe...

1 year ago - PRNewsWire

Northwest Bancshares Deserves A Bit Of Optimism

Northwest Bancshares is a potential opportunity for value-oriented investors after experiencing a significant decline in share price. The bank offers a wide range of services and has been successful i...

1 year ago - Seeking Alpha

Northwest Bancshares, Inc. and Northwest Bank Announce CFO Retirement Date

COLUMBUS, Ohio , Sept. 21, 2023 /PRNewswire/ -- Northwest Bancshares, Inc. (Nasdaq: NWBI) (the "Company") and Northwest Bank announced today that they have entered into a retirement agreement and a co...

1 year ago - PRNewsWire

Latest Debt Ratings from KBRA Reflect the Strength and Stability of Northwest Bank

COLUMBUS, OH / ACCESSWIRE / September 11, 2023 / A series of debt ratings issued by Kroll Bond Rating Agency, LLC (KBRA) on August 23, 2023, demonstrate the solid financial position of Northwest Bancs...

1 year ago - Accesswire

Northwest Bancshares: Great Dividend, Not So Great Price Though

Northwest Bancshares Inc's share price dropped almost 40% after news of liquidity issues at First Republic Bank. Despite a dividend yield of over 6%, the current price is not a good enough deal for in...

1 year ago - Seeking Alpha

Northwest Bancshares, Inc. Announces Second Quarter 2023 Earnings and Quarterly Dividend

COLUMBUS, Ohio , July 24, 2023 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended June 30, 2023 of $33.0 million, or $0.26 per dil...

1 year ago - PRNewsWire