Northwest Bancshares, Inc. (NWBI)
| Market Cap | 1.82B |
| Revenue (ttm) | 503.40M |
| Net Income (ttm) | 129.07M |
| Shares Out | 127.03M |
| EPS (ttm) | 1.01 |
| PE Ratio | 14.37 |
| Forward PE | 11.66 |
| Dividend | $0.80 (5.58%) |
| Ex-Dividend Date | Nov 2, 2022 |
| Volume | 300,149 |
| Open | 14.59 |
| Previous Close | 14.59 |
| Day's Range | 14.26 - 14.62 |
| 52-Week Range | 12.04 - 15.35 |
| Beta | 0.59 |
| Analysts | Sell |
| Price Target | 14.18 (-1.15%) |
| Earnings Date | Jan 23, 2023 |
About NWBI
Northwest Bancshares, Inc. operates as the 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 and loans collateralized by multi-family residential and commercial real estate; commercial business loans; and consumer loans, including automobile loan... [Read more]
Financial Performance
In 2021, NWBI's revenue was $546.03 million, an increase of 24.09% compared to the previous year's $440.02 million. Earnings were $154.32 million, an increase of 106.17%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for NWBI stock is "Sell." The 12-month stock price forecast is $14.18, which is a decrease of -1.15% from the latest price.
News
Northwest Bancshares (NWBI) Lags Q4 Earnings Estimates
Northwest Bancshares (NWBI) delivered earnings and revenue surprises of -6.25% and 1.47%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Northwest Bancshares, Inc. Announces Fourth Quarter 2022 Earnings and Quarterly Dividend
COLUMBUS, Ohio, Jan. 23, 2023 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended December 31, 2022 of $34.6 million, or $0.27 per ...
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Northwest Bancshares (NWBI) Misses Q3 Earnings Estimates
Northwest Bancshares (NWBI) delivered earnings and revenue surprises of -3.33% and 1.14%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock...
Northwest Bancshares, Inc. Announces Third Quarter 2022 Earnings and Quarterly Dividend
COLUMBUS, Ohio, Oct. 24, 2022 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended September 30, 2022 of $37.3 million, or $0.29 per...
Why Northwest Bancshares (NWBI) is Poised to Beat Earnings Estimates Again
Northwest Bancshares (NWBI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Northwest Bancshares (NWBI) Earnings Expected to Grow: Should You Buy?
Northwest Bancshares (NWBI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Northwest Bancshares (NWBI) Moves to Buy: Rationale Behind the Upgrade
Northwest Bancshares (NWBI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Northwest Bank Promotes Jim Colestro to Executive Vice President
WARREN, Pa., Oct. 6, 2022 /PRNewswire/ -- Northwest Bank, a full-service financial institution offering a complete line of business and personal banking products, today announced the promotion of Jim ...
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Northwest Bancshares, Inc. and Northwest Bank Name Louis J. Torchio President and Chief Executive Officer
William W. Harvey, Jr. Appointed Chief Operating Officer COLUMBUS, Ohio , Aug. 18, 2022 /PRNewswire/ -- Northwest Bancshares, Inc. (Nasdaq: NWBI) and Northwest Bank today announced that Louis J. Torch...
Here's Why Northwest Bancshares (NWBI) is a Great Momentum Stock to Buy
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Will Northwest Bancshares (NWBI) Gain on Rising Earnings Estimates?
Northwest Bancshares (NWBI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Northwest Bancshares (NWBI) Q2 Earnings and Revenues Beat Estimates
Northwest Bancshares (NWBI) delivered earnings and revenue surprises of 13.04% and 6.09%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Northwest Bancshares, Inc. Announces Second Quarter 2022 Earnings and Quarterly Dividend
COLUMBUS, Ohio , July 25, 2022 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended June 30, 2022 of $33.4 million, or $0.26 per dil...
Why Northwest Bancshares (NWBI) Might Surprise This Earnings Season
Northwest Bancshares (NWBI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Northwest Bancshares (NWBI) Expected to Beat Earnings Estimates: Should You Buy?
Northwest Bancshares (NWBI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Northwest Bancshares, Inc. and Northwest Bank Announce the Passing of Chairman, President and Chief Executive Officer Ronald J. Seiffert
COLUMBUS, Ohio , May 25, 2022 /PRNewswire/ -- Northwest Bancshares, Inc. and Northwest Bank are deeply saddened to announce the sudden passing of Chairman, President and Chief Executive Officer Ronald...
Northwest Bancshares (NWBI) Q1 Earnings Beat Estimates
Northwest Bancshares (NWBI) delivered earnings and revenue surprises of 10% and 5.51%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Northwest Bancshares, Inc. Announces First Quarter 2022 Earnings and Quarterly Dividend
COLUMBUS, Ohio , April 25, 2022 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended March 31, 2022 of $28.3 million, or $0.22 per d...
Northwest Bancshares, Inc. Board of Directors Expands with Election of New Member
Pablo Vegas Joins Northwest Bancshares, Inc. Board of Directors COLUMBUS, OH / ACCESSWIRE / April 21, 2022 / The Shareholders of Northwest Bancshares, Inc. (NasdaqGS:NWBI) voted to elect Pablo Vegas t...
Northwest Bancshares (NWBI) Upgraded to Buy: Here's What You Should Know
Northwest Bancshares (NWBI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Northwest Bancshares (NWBI) Q4 Earnings Beat Estimates
Northwest Bancshares (NWBI) delivered earnings and revenue surprises of 9.09% and 3.30%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Northwest Bancshares, Inc. Announces Fourth Quarter 2021 Earnings and Quarterly Dividend
COLUMBUS, Ohio, Jan. 24, 2022 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended December 31, 2021 of $30.1 million, or $0.24 per ...