Northwest Bancshares

Northwest Bancshares, Inc. is a holding company. It offers personal & business banking products including employee benefits, investment management services, insurance and trust. It engages in collecting deposits and making loans secured by various types of collateral, including real estate and other assets. The company was founded on June 29, 2001 and is headquartered in Warren, PA.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Northwest Bancshares reports solid Q2 performance amidst strategic initiatives

Northwest Bancshares demonstrated resilience and strategic foresight in navigating challenges and leveraging opportunities to drive financial performance.
The bank's strong credit quality, improved net interest margin, and focus on shareholder value highlight its commitment to sustainable growth and profitability.
While facing challenges such as market competition and economic uncertainties, Northwest Bancshares remains well-positioned to capitalize on opportunities for expansion and revenue generation.

Northwest Bancshares reports solid Q3 performance amidst growth opportunities

Northwest Bancshares showcased strong financial fundamentals with a focus on operational efficiency and revenue growth.
While facing challenges in noninterest income and deposit growth, the company remains well-positioned for future opportunities.
Anticipated focus on responsible loan growth and cost management highlights a strategic approach to sustainable performance.

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Northwest Bancshares, Inc. is a holding company, which engages in the provision of a complete line of business and personal banking products, as well as treasury management solutions, and wealth management services. The company was founded in 1896 and is headquartered in Columbus, OH.

Northwest Bancshares (NWBI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Northwest Bancshares (NWBI): Can Its 5.5% Jump Turn into More Strength?

Northwest Bancshares (NWBI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Northwest Bancshares (NWBI) Run Higher on Rising Earnings Estimates?

The headline numbers for Northwest Bancshares (NWBI) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Northwest Bancshares (NWBI) Reports Q3 Earnings: What Key Metrics Have to Say

Northwest Bancshares (NWBI) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.29 per share a year ago.

Northwest Bancshares (NWBI) Q3 Earnings and Revenues Top Estimates

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 per diluted share. This represents an increase of $1.9 million, or 5.1%, compared to the same quarter last year, when net income was $37.3 million, or $0.29 per diluted share.

Northwest Bancshares, Inc. Announces Third Quarter 2023 Earnings and Quarterly Dividend

Northwest Bancshares is a potential opportunity for value-oriented investors after experiencing a significant decline in share price. The bank offers a wide range of services and has been successful in growing its loan portfolio. Deposits have been steadily increasing, and the bank has managed to keep revenue and profits up despite some fluctuations.

Northwest Bancshares Deserves A Bit Of Optimism

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 consulting agreement pursuant to which Senior Executive Vice President, Chief Financial Officer and Chief Operating Officer William W.

Northwest Bancshares, Inc. and Northwest Bank Announce CFO Retirement Date

Investors need to pay close attention to Northwest Bancshares (NWBI) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Northwest Bancshares (NWBI) Stock?

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 Bancshares, Inc. (NASDAQ:NWBI) and its subsidiary, Northwest Bank. With NWBI's and Northwest's debt ratings of BBB or above based on the status of debt obligations across multiple categories, KBRA considers the outlook for all long-term ratings to be Stable.

Latest Debt Ratings from KBRA Reflect the Strength and Stability of Northwest Bank

Northwest Bancshares Inc's share price dropped almost 40% after news of liquidity issues at First Republic Bank. Despite a dividend yield of over 6%, the current price is not a good enough deal for investors. The company's fundamentals are solid, with steady growth in gross loans and net income, but the recent report highlighted the impact of shifting company strategies.

Northwest Bancshares: Great Dividend, Not So Great Price Though

Northwest Bancshares (NWBI) came out with quarterly earnings of $0.27 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.26 per share a year ago.

Northwest Bancshares (NWBI) Q2 Earnings Match Estimates

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 diluted share. This represents a decrease of $382,000, or 1.1%, compared to the same quarter last year, when net income was $33.4 million, or $0.26 per diluted share.

Northwest Bancshares, Inc. Announces Second Quarter 2023 Earnings and Quarterly Dividend

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 Amber L. Williams to the company's Board of Directors, effective with the Board meeting held on May 17.

Northwest Bancshares, Inc. Appoints New Board Member

Northwest Bancshares (NWBI) came out with quarterly earnings of $0.28 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.22 per share a year ago.

Northwest Bancshares (NWBI) Matches Q1 Earnings Estimates

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 diluted share. This represents an increase of $5.4 million, or 19.1%, compared to the same quarter last year, when net income was $28.3 million, or $0.22 per diluted share.

Northwest Bancshares, Inc. Announces First Quarter 2023 Earnings and Quarterly Dividend

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.

Northwest Bancshares (NWBI) Earnings Expected to Grow: What to Know Ahead of Q1 Release

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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 line of business and personal banking solutions, to lead the bank's new Commercial Finance Group that will focus on business aviation, long-haul (OTR) trucking, inland/offshore marine financing and general equipment loans in the middle market to large corporate finance space. This new capability broadens Northwest's commercial loan offering both across the bank's four state footprint, and throughout the eastern United States.

Northwest Bank Adds President, Managing Director and Senior Credit and Risk Officer to New Commercial Finance Group

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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 (NWBI) Lags Q4 Earnings Estimates

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 diluted share.  This represents an increase of $4.6 million, or 15.3%, compared to the same quarter last year, when net income was $30.1 million, or $0.24 per diluted share.

Northwest Bancshares, Inc. Announces Fourth Quarter 2022 Earnings and Quarterly Dividend

Northwest Bancshares was able to increase its net interest income, and this will boost future earnings. The loan loss provisions increased, but remain very manageable.

Northwest Bancshares: The 5.7% Dividend Yield Is Attractive, Trading At 1.7x TBV Isn't

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News for Northwest Bancshares Stock (NWBI)