Northwest Bancshares Company Profile (NASDAQ:NWBI)

About Northwest Bancshares (NASDAQ:NWBI)

Northwest Bancshares logoNorthwest Bancshares, Inc. (Northwest) is a savings and loan holding company. The Company's principal business consists of attracting deposits and making loans secured by various types of collateral, including real estate and other assets in the markets in which it operates. Its segments include Community Banking and Consumer Finance. The Community Banking segment includes its savings bank subsidiary, Northwest Bank, as well as the subsidiaries of the savings bank that provide similar products and services. The bank is a community-oriented institution that offers a range of personal and business deposit and loan products, including mortgage, consumer, and commercial loans, as well as trust, investment management, actuarial and benefit plan administration, and brokerage services typically offered by a full service financial institution. The Consumer Finance segment comprises Northwest Consumer Discount Company, a subsidiary of Northwest Bank.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Savings & Loans
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NASDAQ:NWBI
  • CUSIP: 66734010
  • Web:
  • Market Cap: $1.57 billion
  • Outstanding Shares: 102,033,000
Average Prices:
  • 50 Day Moving Avg: $16.21
  • 200 Day Moving Avg: $17.32
  • 52 Week Range: $13.91 - $19.10
  • Trailing P/E Ratio: 32.01
  • Foreward P/E Ratio: 16.24
  • P/E Growth: 1.89
Sales & Book Value:
  • Annual Revenue: $387.26 million
  • Price / Sales: 4.07
  • Book Value: $11.55 per share
  • Price / Book: 1.34
  • Annual Dividend: $0.64
  • Dividend Yield: 4.2%
  • Net Margins: 11.46%
  • Return on Equity: 7.31%
  • Return on Assets: 0.92%
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 1.00%
  • Quick Ratio: 1.00%
  • Average Volume: 544,890 shs.
  • Beta: 0.62
  • Short Ratio: 10.09

Frequently Asked Questions for Northwest Bancshares (NASDAQ:NWBI)

What is Northwest Bancshares' stock symbol?

Northwest Bancshares trades on the NASDAQ under the ticker symbol "NWBI."

How often does Northwest Bancshares pay dividends? What is the dividend yield for Northwest Bancshares?

Northwest Bancshares announced a quarterly dividend on Tuesday, April 25th. Stockholders of record on Thursday, May 4th will be given a dividend of $0.16 per share on Thursday, May 18th. This represents a $0.64 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Tuesday, May 2nd. View Northwest Bancshares' Dividend History.

How were Northwest Bancshares' earnings last quarter?

Northwest Bancshares, Inc. (NASDAQ:NWBI) posted its earnings results on Monday, January, 23rd. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.25. The business earned $107.76 million during the quarter, compared to analysts' expectations of $111.40 million. Northwest Bancshares had a return on equity of 7.31% and a net margin of 11.46%. View Northwest Bancshares' Earnings History.

When will Northwest Bancshares make its next earnings announcement?

Northwest Bancshares is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Northwest Bancshares.

Where is Northwest Bancshares' stock going? Where will Northwest Bancshares' stock price be in 2017?

4 analysts have issued 12 month price targets for Northwest Bancshares' stock. Their forecasts range from $15.00 to $18.00. On average, they anticipate Northwest Bancshares' stock price to reach $16.25 in the next year. View Analyst Ratings for Northwest Bancshares.

Are investors shorting Northwest Bancshares?

Northwest Bancshares saw a increase in short interest in the month of April. As of April 28th, there was short interest totalling 6,265,208 shares, an increase of 1.7% from the April 13th total of 6,158,526 shares. Based on an average trading volume of 652,583 shares, the days-to-cover ratio is presently 9.6 days.

Who are some of Northwest Bancshares' key competitors?

Who owns Northwest Bancshares stock?

Northwest Bancshares' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.29%), Vanguard Group Inc. (8.98%), Dimensional Fund Advisors LP (8.05%), Wellington Management Group LLP (6.02%), State Street Corp (2.38%) and Renaissance Technologies LLC (2.03%). Company insiders that own Northwest Bancshares stock include Andrew Young, David E Westerburg, Gerald J Ritzert, Jonathan P Scalise, Julia W Mctavish, Michael G Smelko, Philip M Tredway, Richard K Laws, Robert M Campana, Steven G Fisher, Timothy M Hunter, William F Mcknight and William W Harvey. View Institutional Ownership Trends for Northwest Bancshares.

Who sold Northwest Bancshares stock? Who is selling Northwest Bancshares stock?

Northwest Bancshares' stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Nordea Investment Management AB, Deprince Race & Zollo Inc., Morgan Stanley, JPMorgan Chase & Co., Russell Investments Group Ltd., Credit Suisse AG and Denver Investment Advisors LLC. Company insiders that have sold Northwest Bancshares stock in the last year include Andrew Young, David E Westerburg, Gerald J Ritzert, Jonathan P Scalise, Julia W Mctavish, Michael G Smelko, Philip M Tredway, Richard K Laws, Steven G Fisher and William W Harvey. View Insider Buying and Selling for Northwest Bancshares.

Who bought Northwest Bancshares stock? Who is buying Northwest Bancshares stock?

Northwest Bancshares' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., First Trust Advisors LP, KBC Group NV, Acadian Asset Management LLC, Piermont Capital Management Inc., Dimensional Fund Advisors LP and Renaissance Technologies LLC. Company insiders that have bought Northwest Bancshares stock in the last two years include Timothy M Hunter and William F Mcknight. View Insider Buying and Selling for Northwest Bancshares.

How do I buy Northwest Bancshares stock?

Shares of Northwest Bancshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Northwest Bancshares stock cost?

One share of Northwest Bancshares stock can currently be purchased for approximately $15.43.

Analyst Ratings

Consensus Ratings for Northwest Bancshares (NASDAQ:NWBI) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $16.25 (5.31% upside)

Analysts' Ratings History for Northwest Bancshares (NASDAQ:NWBI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/11/2017ValuEngineDowngradeBuy -> Hold$16.00LowView Rating Details
3/6/2017DA DavidsonInitiated CoverageNeutral$18.00N/AView Rating Details
12/19/2016Sandler O'NeillDowngradeHold -> SellN/AView Rating Details
10/26/2016FBR & CoBoost Price TargetMkt Perform$15.00 -> $16.00N/AView Rating Details
9/13/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$14.00 -> $15.00N/AView Rating Details
5/2/2016Royal Bank of CanadaBoost Price TargetOutperform$14.00 -> $15.00N/AView Rating Details
6/22/2015Boenning ScattergoodInitiated CoverageNeutralN/AView Rating Details
(Data available from 5/24/2015 forward)


Earnings History for Northwest Bancshares (NASDAQ:NWBI)
Earnings by Quarter for Northwest Bancshares (NASDAQ:NWBI)
Earnings History by Quarter for Northwest Bancshares (NASDAQ:NWBI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/23/2017Q4 2016$0.25$0.25$111.40 million$107.76 millionViewN/AView Earnings Details
10/24/2016Q3$0.24$0.22$103.22 million$99.46 millionViewN/AView Earnings Details
7/25/2016Q2$0.20($0.07)$93.57 million$96.96 millionViewN/AView Earnings Details
4/22/2016Q1$0.18$0.18$92.99 million$91.00 millionViewN/AView Earnings Details
1/25/2016Q415$0.19$0.16$91.30 million$90.70 millionViewN/AView Earnings Details
10/26/2015Q3$0.18$0.19$86.68 million$85.08 millionViewN/AView Earnings Details
7/16/2015Q215$0.17$0.17$80.00 million$78.70 millionViewN/AView Earnings Details
4/20/2015Q115$0.17$0.18$79.57 million$77.61 millionViewN/AView Earnings Details
1/26/2015Q414$0.17$0.19$80.20 million$79.83 millionViewN/AView Earnings Details
10/17/2014Q3$0.17$0.19$79.99 million$80.08 millionViewN/AView Earnings Details
7/21/2014Q2 2014$0.16$0.14$78.93 million$79.27 millionViewN/AView Earnings Details
4/21/2014Q1 14$0.17$0.16$79.13 million$80.55 millionViewN/AView Earnings Details
1/24/2014Q413$0.17$0.22$62.68 millionViewN/AView Earnings Details
10/21/2013Q3 13$0.16$0.19$64.00 millionViewN/AView Earnings Details
7/22/2013Q2 13$0.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Northwest Bancshares (NASDAQ:NWBI)
2017 EPS Consensus Estimate: $0.89
2018 EPS Consensus Estimate: $0.90
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.22$0.24$0.23
Q2 20173$0.20$0.23$0.21
Q3 20173$0.21$0.24$0.22
Q4 20173$0.22$0.26$0.23
Q1 20182$0.21$0.21$0.21
Q2 20182$0.22$0.22$0.22
Q3 20182$0.23$0.23$0.23
Q4 20182$0.24$0.24$0.24
(Data provided by Zacks Investment Research)


Current Dividend Information for Northwest Bancshares (NASDAQ:NWBI)
Most Recent Dividend:5/18/2017
Annual Dividend:$0.64
Dividend Yield:4.15%
Payout Ratio:130.61% (Trailing 12 Months of Earnings)
77.11% (Based on This Year's Estimates)
67.37% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Northwest Bancshares (NASDAQ:NWBI)

Dividend History by Quarter for Northwest Bancshares (NASDAQ:NWBI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Northwest Bancshares (NASDAQ:NWBI)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 67.11%
Insider Trades by Quarter for Northwest Bancshares (NASDAQ:NWBI)
Institutional Ownership by Quarter for Northwest Bancshares (NASDAQ:NWBI)
Insider Trades by Quarter for Northwest Bancshares (NASDAQ:NWBI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/2/2017David E WesterburgCOOSell20,887$18.34$383,067.58View SEC Filing  
3/1/2017William W HarveyCFOSell11,857$18.49$219,235.93View SEC Filing  
2/15/2017Gerald J RitzertEVPSell42,936$17.64$757,391.04View SEC Filing  
2/15/2017William W HarveyCFOSell10,000$17.72$177,200.00View SEC Filing  
12/15/2016Philip M TredwayDirectorSell5,850$18.62$108,927.00View SEC Filing  
12/14/2016Timothy M HunterDirectorBuy1,000$18.37$18,370.00View SEC Filing  
12/6/2016Michael G SmelkoVPSell30,375$18.27$554,951.25View SEC Filing  
11/29/2016Richard K LawsEVPSell8,682$18.21$158,099.22View SEC Filing  
11/23/2016Steven G FisherEVPSell1,000$18.22$18,220.00View SEC Filing  
11/21/2016Philip M TredwayDirectorSell9,750$17.81$173,647.50View SEC Filing  
11/15/2016Gerald J RitzertEVPSell10,607$17.58$186,471.06View SEC Filing  
11/15/2016William W HarveyCFOSell9,286$17.75$164,826.50View SEC Filing  
11/14/2016Jonathan P ScaliseEVPSell8,720$17.98$156,785.60View SEC Filing  
8/1/2016Michael G SmelkoVPSell10,125$14.98$151,672.50View SEC Filing  
6/14/2016Andrew YoungEVPSell8,425$14.37$121,067.25View SEC Filing  
5/27/2016Julia W MctavishInsiderSell2,500$14.76$36,900.00View SEC Filing  
5/26/2016Gerald J RitzertEVPSell10,125$14.74$149,242.50View SEC Filing  
5/25/2016Steven G FisherEVPSell25,874$14.83$383,711.42View SEC Filing  
5/25/2016William W HarveyCFOSell12,937$14.77$191,079.49View SEC Filing  
5/24/2016Jonathan P ScaliseEVPSell4,313$14.69$63,357.97View SEC Filing  
5/20/2016David E WesterburgCOOSell20,250$14.47$293,017.50View SEC Filing  
5/13/2016William F McknightDirectorBuy800$14.30$11,440.00View SEC Filing  
5/11/2016Gerald J RitzertEVPSell14,061$14.24$200,228.64View SEC Filing  
5/3/2016Philip M TredwayDirectorSell10,468$13.77$144,144.36View SEC Filing  
12/4/2015Julia W. MctavishinsiderSell1,687$13.90$23,449.30View SEC Filing  
11/23/2015David E. WesterburgCOOSell10,452$13.80$144,237.60View SEC Filing  
11/20/2015David E. WesterburgCOOSell10,100$13.75$138,875.00View SEC Filing  
11/12/2015Robert M CampanaDirectorSell3,479$13.58$47,244.82View SEC Filing  
11/4/2015Timothy M HunterDirectorBuy1,000$13.34$13,340.00View SEC Filing  
10/28/2015Steven G. FisherEVPSell16,903$13.86$234,275.58View SEC Filing  
8/14/2015Julia W MctavishInsiderSell1,500$12.70$19,050.00View SEC Filing  
5/22/2015Timothy M HunterDirectorBuy1,000$12.20$12,200.00View SEC Filing  
2/20/2015John P MeeganDirectorBuy2,000$11.68$23,360.00View SEC Filing  
2/19/2015Deborah J Esq. ChadseyDirectorBuy1,400$11.77$16,478.00View SEC Filing  
1/28/2015John P MeeganDirectorBuy2,000$11.98$23,960.00View SEC Filing  
11/20/2014A Paul KingDirectorSell22,500$12.67$285,075.00View SEC Filing  
5/1/2014William J WagnerCEOBuy11,462$13.30$152,444.60View SEC Filing  
4/24/2014Julia W MctavishInsiderSell1,462$14.56$21,286.72View SEC Filing  
4/23/2014Timothy A HuberVPSell31,725$14.69$466,040.25View SEC Filing  
4/23/2014William W HarveyCFOSell9,163$14.61$133,871.43View SEC Filing  
3/7/2014Steven G FisherVPSell10,125$14.49$146,711.25View SEC Filing  
3/4/2014Gerald J RitzertVPSell7,233$14.43$104,372.19View SEC Filing  
1/28/2014John P MeeganDirectorBuy5,000$14.82$74,100.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Northwest Bancshares (NASDAQ:NWBI)
Latest Headlines for Northwest Bancshares (NASDAQ:NWBI)
DateHeadline logoNorthwest sells off 3 Maryland branches - May 23 at 6:29 PM logoNorthwest Bank Completes Sale of Maryland Offices - May 22 at 9:49 AM logoETFs with exposure to Northwest Bancshares, Inc. (Pennsylvania) : May 19, 2017 - May 19 at 7:29 PM logoNorthwest Bancshares, Inc. (Pennsylvania) :NWBI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017 - May 19 at 11:43 AM logoNorthwest Bancshares is Oversold - May 18 at 5:12 AM logoNorthwest Bancshares, Inc. (NWBI) Sees Significant Increase in Short Interest - May 16 at 7:24 AM logoZacks: Analysts Anticipate Northwest Bancshares, Inc. (NWBI) Will Announce Quarterly Sales of $116.82 Million - May 14 at 9:30 AM logoZacks: Brokerages Expect Northwest Bancshares, Inc. (NWBI) to Post $0.21 EPS - May 12 at 4:04 PM logoNorthwest Bancshares, Inc. (NWBI) Lowered to Hold at ValuEngine - May 11 at 11:28 PM logoSomewhat Positive Press Coverage Somewhat Unlikely to Affect Northwest Bancshares (NWBI) Share Price - May 4 at 1:10 AM logoFBR & Co Equities Analysts Decrease Earnings Estimates for Northwest Bancshares, Inc. (NWBI) - May 3 at 8:00 AM logoNorthwest Bancshares, Inc. (Pennsylvania) : NWBI-US: Dividend Analysis : May 04th, 2017 (record date) : By the numbers : May 2, 2017 - May 2 at 4:44 PM logoNorthwest Bancshares, Inc. (NWBI) Given Consensus Recommendation of "Hold" by Brokerages - May 1 at 2:50 PM logoNorthwest Bancshares (NWBI) Given Coverage Optimism Score of 0.14 - April 30 at 5:21 PM logoBrokers Set Expectations for Northwest Bancshares, Inc.'s FY2018 Earnings (NWBI) - April 28 at 11:31 PM logoEx-Dividend Reminder: Itau Unibanco Holding, Northwest Bancshares and Adtran - April 28 at 7:55 PM logoSomewhat Positive Media Coverage Somewhat Unlikely to Affect Northwest Bancshares (NWBI) Stock Price - April 28 at 1:01 AM logoNorthwest Bancshares, Inc. (NWBI) to Post Q4 2017 Earnings of $0.26 Per Share, Boenning Scattergood Forecasts - April 27 at 2:56 PM logoQ2 2017 EPS Estimates for Northwest Bancshares, Inc. Decreased by Analyst (NWBI) - April 27 at 8:18 AM logoQ2 2017 EPS Estimates for Northwest Bancshares, Inc. Lowered by Boenning Scattergood (NWBI) - April 26 at 10:04 AM logoNorthwest Bancshares, Inc. (NWBI) Plans Quarterly Dividend of $0.16 - April 25 at 5:53 PM logoNorthwest Bancshares, Inc. Announces First Quarter 2017 Earnings and Quarterly Dividend - April 25 at 5:16 AM logoNorthwest to close all 44 offices of its consumer finance subsidiary - April 25 at 5:16 AM logoNorthwest Bancshares (NWBI) Earns Daily Media Impact Rating of -0.08 - April 24 at 2:42 PM logoNorthwest Bancshares, Inc. (NWBI) Expected to Announce Quarterly Sales of $106.16 Million - April 23 at 7:58 AM logoNorthwest Bancshares, Inc. (NWBI) Expected to Announce Earnings of $0.23 Per Share - April 21 at 10:48 PM logoWhat Northwest Bank got from First Niagara - April 21 at 6:47 PM logoNorthwest Bancshares (NWBI) Earning Favorable Press Coverage, Analysis Finds - April 16 at 1:25 PM logoNorthwest Bancshares (NWBI) Given Daily News Sentiment Score of 0.26 - April 13 at 2:14 PM logoNorthwest Bancshares, Inc. (NWBI) Raised to Hold at Zacks Investment Research - April 4 at 8:12 AM logoNotable Two Hundred Day Moving Average Cross - NWBI - March 27 at 6:26 PM logoNORTHWEST BANCSHARES, INC. Financials - March 7 at 6:47 PM logoBreaking down Northwest Bank's $102M community reinvestment plan - March 7 at 9:59 AM logoNorthwest Bank commits $102 million in community reinvestment funds - March 3 at 6:57 PM logoNORTHWEST BANCSHARES, INC. Files SEC form 10-K, Annual Report - March 1 at 7:06 PM logoNotable ETF Inflow Detected - XSLV, PRA, NFBK, NWBI - Nasdaq - February 23 at 12:15 AM logoNorthwest Bank gets sales tax breaks for regional HQ in Amherst - February 17 at 4:37 PM logoNorthwest Bancshares Named Top Dividend Stock With Insider Buying and 3.77% Yield (NWBI) - February 2 at 7:52 PM logoRSI Alert: Northwest Bancshares Now Oversold - January 30 at 7:37 PM logoMore employees in Western New York boosts Northwest Bancshares' expense line - January 25 at 10:11 PM logoNorthwest Bancshares, Inc. Announces Record Fourth Quarter 2016 Earnings and Quarterly Dividend Increase - January 23 at 7:17 PM logo11:31 am Northwest Bancshares reports Q4 net income per share of $0.24 vs $0.26 Capital IQ Consensus; increases quarterly cash dividend to $0.16/share from $0.15/share - January 23 at 7:17 PM logoDozens of new jobs at Northwest Bank as company establishes Western New York headquarters - January 18 at 7:33 PM logoFocused on New York, Northwest Bank sells Maryland branches - January 17 at 11:25 AM logoForm 8-K Northwest Bancshares, For: Jan 10 - January 12 at 7:35 PM logoNORTHWEST BANCSHARES, INC. Files SEC form 8-K, Other Events - January 12 at 7:35 PM logoNorthwest selling 3 Baltimore branches, exits Maryland - January 11 at 7:34 PM logoShore United Bank Expands Maryland Operations with Acquisition of Three Branches in the Greater Baltimore Metro Areas of Elkridge, Owings Mills and Arbutus from Northwest Bank - January 10 at 7:48 PM logoShore United Bank entering Baltimore area with deal for Northwest branches - January 10 at 7:48 PM logoNorthwest Bank Enhances Consumer Loan Offerings with Docutech™ - December 20 at 1:03 PM



Northwest Bancshares (NWBI) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff