Northwest Bancshares, Inc. (NWBI)

NASDAQ: NWBI · IEX Real-Time Price · USD
12.87
0.04 (0.31%)
At close: May 27, 2022 4:00 PM
12.64
-0.23 (-1.79%)
After-hours:May 27, 2022 5:01 PM EDT
Market Cap1.63B
Revenue (ttm)525.85M
Net Income (ttm)142.37M
Shares Out126.71M
EPS (ttm)1.11
PE Ratio11.59
Forward PE13.30
Dividend$0.80 (6.22%)
Ex-Dividend DateMay 4, 2022
Volume655,443
Open12.83
Previous Close12.83
Day's Range12.78 - 12.90
52-Week Range12.04 - 15.15
Beta0.54
AnalystsSell
Price Target13.57 (+5.4%)
Earnings DateApr 25, 2022

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...

IndustryThrifts & Mortgage Finance
Founded1896
Employees2,268
Stock ExchangeNASDAQ
Ticker SymbolNWBI
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 12 analysts, the average rating for NWBI stock is "Sell." The 12-month stock price forecast is 13.57, which is an increase of 5.44% from the latest price.

Price Target
$13.57
(5.44% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Northwest Bancshares, Inc. and Northwest Bank Announce the Passing of Chairman, President and Chief Executive Officer...

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 J...

2 days 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?

1 month 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 dil...

1 month 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 to ...

1 month 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.

1 month ago - Zacks Investment Research

Want $1,400 in Annual Dividend Income? Invest $25,000 in Either of These High-Yielding Stocks

Both of these stocks have dividend yields that exceed 5.5%.

Other symbols:NYCB
3 months ago - The Motley Fool

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?

4 months 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 di...

4 months ago - PRNewsWire

Analysts Estimate Northwest Bancshares (NWBI) to Report a Decline in Earnings: What to Look Out for

Northwest Bancshares (NWBI) doesn't possess 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

2 Great Dividend Stocks That Look Cheap Heading Into 2022

These two financial stocks are offering big yields at relatively inexpensive valuations.

Other symbols:NYCB
5 months ago - The Motley Fool

The Fed Will Launch These 5 Super-Yielders Into Orbit

When the taper tantrum finally hits, these five dividends—up to 12.9%—are likely to directly benefit.

Other symbols:AMSFMCORISCU
6 months ago - Forbes

Northwest Bancshares (NWBI) Beats Q3 Earnings Estimates

Northwest Bancshares (NWBI) delivered earnings and revenue surprises of 17.39% and -0.48%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Recap: Northwest Bancshares Q3 Earnings

Northwest Bancshares (NASDAQ:NWBI) reported its Q3 earnings results on Monday, October 25, 2021 at 09:00 AM. Here's what investors need to know about the announcement.

7 months ago - Benzinga

Northwest Bancshares, Inc. Announces Third Quarter 2021 Earnings and Quarterly Dividend

WARREN, Pa., Oct. 25, 2021 /PRNewswire/ -- Northwest Bancshares, Inc. (the "Company") (NasdaqGS: NWBI) announced net income for the quarter ended September 30, 2021 of $35.1 million, or $0.27 per dilute...

7 months ago - PRNewsWire

Northwest Bancshares (NWBI) Q2 Earnings and Revenues Beat Estimates

Northwest Bancshares (NWBI) delivered earnings and revenue surprises of 31.03% and 11.33%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Northwest Bancshares, Inc. Announces Second Quarter 2021 Earnings and Quarterly Dividend

WARREN, Pa., July 26, 2021 /PRNewswire/ -- Northwest Bancshares, Inc. (the "Company") (NasdaqGS: NWBI) announced net income for the quarter ended June 30, 2021 of $49.0 million, or $0.38 per diluted share.

10 months ago - PRNewsWire

Northwest Bancshares (NWBI) Earnings Expected to Grow: Should You Buy?

Northwest Bancshares (NWBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

10 months ago - Zacks Investment Research

3 Small Bank Stocks With Big Dividends

These banks may fly more under the radar, but most of them are well run and have strong dividend yields.

Other symbols:HTBKNTB
10 months ago - The Motley Fool

J.D. Power Ranks Northwest Bank Highest Retail Banking Customer Satisfaction in Pennsylvania

WARREN, Pa., May 4, 2021 /PRNewswire/ -- Northwest Bank (NASDAQ: NWBI) ranks highest in customer satisfaction in Pennsylvania, according to the J.D.

1 year ago - PRNewsWire

USI Insurance Services Completes Acquisition of Insurance Business Offered Through Northwest Insurance Services

New Partnership Expands USI's Commercial, Employee Benefit and Personal Risk Expertise New Partnership Expands USI's Commercial, Employee Benefit and Personal Risk Expertise

1 year ago - GlobeNewsWire

Northwest Bancshares (NWBI) Beats Q1 Earnings Estimates

Northwest Bancshares (NWBI) delivered earnings and revenue surprises of 14.29% and -2.04%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Northwest Bancshares, Inc. Announces First Quarter 2021 Earnings and Quarterly Dividend Increase

WARREN, Pa., April 26, 2021 /PRNewswire/ -- Northwest Bancshares, Inc. (the "Company") (NasdaqGS: NWBI) announced net income for the quarter ended March 31, 2021 of $40.2 million, or $0.32 per diluted s...

1 year ago - PRNewsWire

Should You Buy Northwest Bancshares (NWBI) Ahead of Earnings?

Northwest Bancshares (NWBI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 year ago - Zacks Investment Research

Is Northwest Bancshares (NWBI) a Good Value Investor Stock?

Let's see if Northwest Bancshares (NWBI) stock is a good choice for value-oriented investors right now from multiple angles.

1 year ago - Zacks Investment Research

Northwest Bancshares (NWBI) to Divest Insurance Business Unit

Northwest Bank, subsidiary of Northwest Bancshares (NWBI), announces agreement to sell insurance business to USI Insurance Services.

1 year ago - Zacks Investment Research