Northwest Bancshares, Inc. (NWBI)
| Market Cap | 1.37B |
| Revenue (ttm) | 526.63M |
| Net Income (ttm) | 134.96M |
| Shares Out | 127.11M |
| EPS (ttm) | 1.06 |
| PE Ratio | 10.19 |
| Forward PE | 11.41 |
| Dividend | $0.80 (7.42%) |
| Ex-Dividend Date | Feb 1, 2024 |
| Volume | 487,233 |
| Open | 10.69 |
| Previous Close | 10.71 |
| Day's Range | 10.69 - 10.86 |
| 52-Week Range | 9.80 - 13.07 |
| Beta | 0.59 |
| Analysts | Hold |
| Price Target | 13.00 (+20.59%) |
| Earnings Date | Apr 30, 2024 |
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]
Financial Performance
In 2023, NWBI's revenue was $526.63 million, an increase of 4.65% compared to the previous year's $503.22 million. Earnings were $134.96 million, an increase of 0.97%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for NWBI stock is "Hold" and the 12-month stock price forecast is $13.0.
News
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...
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...
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...
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...
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...
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...
Northwest Bancshares, Inc. Appoints New Board Member
Amber Lee Williams Joins the Northwest Bancshares, Inc. Board of Directors COLUMBUS, OH / ACCESSWIRE / May 17, 2023 / The Board of Directors of Northwest Bancshares, Inc. (NasdaqGS:NWBI) appointed Amb...
Northwest Bancshares, Inc. Announces First Quarter 2023 Earnings and Quarterly Dividend
COLUMBUS, Ohio , April 24, 2023 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended March 31, 2023 of $33.7 million, or $0.26 per d...
Northwest Bank Adds President, Managing Director and Senior Credit and Risk Officer to New Commercial Finance Group
COLUMBUS, OH / ACCESSWIRE / February 9, 2023 / Financial industry veterans Lee Palm, Brian Shapiro and Phil Mulder have joined Northwest Bank, a full-service financial institution offering a complete ...
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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 ...
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...
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 ...
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...
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...
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, 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, 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 ...
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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.
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 dilu...
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 s...