Northwest Bancshares, Inc. (NWBI)

NASDAQ: NWBI · IEX Real-Time Price · USD
11.69
-0.14 (-1.18%)
Feb 20, 2024, 4:00 PM EST - Market closed
-1.18%
Market Cap 1.49B
Revenue (ttm) 534.99M
Net Income (ttm) 140.59M
Shares Out 127.11M
EPS (ttm) 1.10
PE Ratio 10.63
Forward PE 12.39
Dividend $0.80 (6.84%)
Ex-Dividend Date Feb 1, 2024
Volume 537,718
Open 11.74
Previous Close 11.83
Day's Range 11.66 - 11.86
52-Week Range 9.80 - 13.98
Beta 0.62
Analysts Hold
Price Target 13.00 (+11.21%)
Earnings Date Jan 22, 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]

Sector Financials
Founded 1896
Employees 2,228
Stock Exchange NASDAQ
Ticker Symbol NWBI
Full Company Profile

Financial Performance

In 2022, NWBI's revenue was $513.67 million, a decrease of -5.93% compared to the previous year's $546.03 million. Earnings were $133.67 million, a decrease of -13.39%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NWBI stock is "Hold" and the 12-month stock price forecast is $13.0.

Price Target
$13.0
(11.21% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 weeks 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...

4 months ago - PRNewsWire

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...

5 months 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...

5 months ago - Accesswire

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...

7 months ago - PRNewsWire

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...

9 months ago - Accesswire

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...

10 months ago - PRNewsWire

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 ...

1 year ago - Accesswire

15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis

If you are investing in dividend stocks, the last thing you want to see is a company cutting its payout. But sometimes cuts have to be made, and during this period of corporate cost-cutting we may see...

1 year ago - Market Watch

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 ...

1 year ago - PRNewsWire

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

We are heading into the most telegraphed recession in American history

Other symbols: CTRAGTYKMILTCPEPRLIUVV
1 year 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.

1 year ago - Market Watch

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year 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...

1 year ago - Accesswire

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 ...

2 years ago - PRNewsWire

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: AMSFMCORI
2 years ago - Forbes

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.

2 years 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 dilu...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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.

3 years ago - PRNewsWire