Northwest Bancshares, Inc. (NWBI)

NASDAQ: NWBI · IEX Real-Time Price · USD
14.35
-0.24 (-1.68%)
Feb 6, 2023, 3:14 PM EST - Market open
-1.68%
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]

Sector Financials
Founded 1896
Employees 2,191
Stock Exchange NASDAQ
Ticker Symbol NWBI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$14.18
(-1.15% downside)
Analyst Consensus: Sell
Stock Forecasts

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?

2 weeks ago - Zacks Investment Research

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 ...

2 weeks ago - PRNewsWire

8 Great Low-Vol Stocks Yielding 5%-9%

We are heading into the most telegraphed recession in American history

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2 months ago - Forbes

20 dividend stocks that may be safest if the Federal Reserves causes a recession

Investors cheered when a report last week showed the economy expanded in the third quarter after back-to-back contractions.

3 months ago - Market Watch

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...

3 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire

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.

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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 ...

4 months ago - PRNewsWire

3 Top-Ranked Stocks With Dividend Yields Greater Than 5%

Targeting dividend-paying stocks is a lucrative strategy that allows investors to receive a steady income stream, providing extra cushion to drawdowns in other positions.

Other symbols: EPDIEP
4 months ago - Zacks Investment Research

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...

6 months ago - PRNewsWire

Here's Why Northwest Bancshares (NWBI) is a Great Momentum Stock to Buy

Does Northwest Bancshares (NWBI) have what it takes to be a top stock pick for momentum investors? Let's find out.

6 months ago - Zacks Investment Research

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.

6 months ago - Zacks Investment Research

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?

7 months ago - Zacks Investment Research

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...

7 months ago - PRNewsWire

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.

7 months ago - Zacks Investment Research

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.

7 months ago - Zacks Investment Research

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...

9 months ago - PRNewsWire

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?

10 months ago - Zacks Investment Research

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...

10 months ago - PRNewsWire

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...

10 months ago - Accesswire

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.

11 months ago - Zacks Investment Research

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?

1 year ago - Zacks Investment Research

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 ...

1 year ago - PRNewsWire