Analysts Offer Predictions for Northwest Bancshares, Inc.'s FY2025 Earnings (NASDAQ:NWBI)

Northwest Bancshares, Inc. (NASDAQ:NWBI - Free Report) - Equities research analysts at DA Davidson issued their FY2025 EPS estimates for shares of Northwest Bancshares in a note issued to investors on Tuesday, April 23rd. DA Davidson analyst M. Navas forecasts that the savings and loans company will post earnings of $1.00 per share for the year. The consensus estimate for Northwest Bancshares' current full-year earnings is $0.95 per share.

Northwest Bancshares (NASDAQ:NWBI - Get Free Report) last released its quarterly earnings results on Monday, April 22nd. The savings and loans company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The firm had revenue of $188.20 million during the quarter, compared to the consensus estimate of $132.80 million. Northwest Bancshares had a net margin of 17.84% and a return on equity of 8.81%.

NWBI has been the subject of several other reports. Piper Sandler decreased their price objective on shares of Northwest Bancshares from $11.00 to $10.00 and set an "underweight" rating for the company in a research report on Tuesday. Keefe, Bruyette & Woods reiterated a "market perform" rating and set a $12.00 price objective (down from $13.00) on shares of Northwest Bancshares in a research report on Tuesday.

Northwest Bancshares Trading Down 0.5 %

Shares of NWBI traded down $0.06 during trading hours on Wednesday, hitting $10.94. 813,625 shares of the stock were exchanged, compared to its average volume of 816,042. Northwest Bancshares has a fifty-two week low of $9.80 and a fifty-two week high of $13.07. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.96 and a quick ratio of 0.95. The business has a 50-day moving average of $11.29 and a 200-day moving average of $11.50. The firm has a market capitalization of $1.39 billion, a P/E ratio of 10.62 and a beta of 0.60.

Northwest Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, May 2nd will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 7.31%. The ex-dividend date of this dividend is Wednesday, May 1st. Northwest Bancshares's payout ratio is 77.67%.

Institutional Investors Weigh In On Northwest Bancshares

A number of large investors have recently bought and sold shares of the stock. SG Americas Securities LLC acquired a new position in shares of Northwest Bancshares during the third quarter valued at about $574,000. Everence Capital Management Inc. grew its holdings in shares of Northwest Bancshares by 30.2% during the third quarter. Everence Capital Management Inc. now owns 21,190 shares of the savings and loans company's stock valued at $217,000 after buying an additional 4,920 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Northwest Bancshares by 40.9% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 17,021 shares of the savings and loans company's stock valued at $174,000 after buying an additional 4,945 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Northwest Bancshares by 11.4% during the third quarter. Raymond James & Associates now owns 34,584 shares of the savings and loans company's stock valued at $354,000 after buying an additional 3,540 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in shares of Northwest Bancshares during the third quarter valued at about $199,000. 66.32% of the stock is currently owned by institutional investors and hedge funds.

Northwest Bancshares Company Profile

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.