About Northwest Bancshares (NASDAQ:NWBI)
Northwest Bancshares, Inc. operates as a bank holding company for Northwest Savings Bank that offers various personal and business banking solutions in the United States. The company offers personal and business deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts. Its loan portfolio comprise one-to-four family residential real estate, residential mortgage, short term consumer, multi-family residential and commercial real estate, commercial business, and home equity loans; lines of credit; and consumer loans, including automobile, sales finance, unsecured personal, and credit card loans, as well as loans secured by deposit accounts. In addition, the company offers employee benefit, property, and casualty insurance services; and trust, investment management, and brokerage services. As of December 31, 2017, it operated 172 community-banking locations in central and western Pennsylvania, western New York, and eastern Ohio. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Warren, Pennsylvania.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryThrifts & Mortgage Finance
Trailing P/E Ratio21.11
Forward P/E Ratio17.76
Sales & Book Value
Annual Sales$469.34 million
Price / Sales3.88
Cash Flow$1.0068 per share
Price / Cash17.64
Book Value$11.76 per share
Price / Book1.51
EPS (Most Recent Fiscal Year)$0.84
Net Income$94.46 million
Return on Equity7.78%
Return on Assets0.99%
Northwest Bancshares (NASDAQ:NWBI) Frequently Asked Questions
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 Thursday, April 19th. Investors of record on Thursday, May 3rd will be paid a dividend of $0.17 per share on Thursday, May 17th. This represents a $0.68 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Wednesday, 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, April, 23rd. The savings and loans company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.00. The savings and loans company had revenue of $103.56 million for the quarter, compared to analysts' expectations of $106.47 million. Northwest Bancshares had a net margin of 21.53% and a return on equity of 7.78%. View Northwest Bancshares' Earnings History.
When is Northwest Bancshares' next earnings date?
What price target have analysts set for NWBI?
2 brokers have issued twelve-month price targets for Northwest Bancshares' shares. Their forecasts range from $17.00 to $17.00. On average, they anticipate Northwest Bancshares' stock price to reach $17.00 in the next year. View Analyst Ratings for Northwest Bancshares.
Who are some of Northwest Bancshares' key competitors?
Some companies that are related to Northwest Bancshares include Cullen/Frost Bankers (CFR), PacWest Bancorp (PACW), BOK Financial (BOKF), Synovus Financial (SNV), CIT Group (CIT), Akbank T.A.S. (AKBTY), First Horizon National (FHN), Webster Bank (WBS), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), F.N.B. (FNB), TCF Financial (TCF), Valley National Bancorp (VLY), MB Financial (MBFI) and UMB Financial (UMBF).
Who are Northwest Bancshares' key executives?
Northwest Bancshares' management team includes the folowing people:
- Mr. William J. Wagner, Chairman & CEO (Age 65)
- Mr. William W. Harvey Jr., Sr. EVP, Fin., CFO & Principal Accounting Officer (Age 52)
- Mr. Steven G. Fisher, Sr. EVP & Chief Revenue Officer (Age 61)
- Mr. Michael G. Smelko, Exec. VP & Chief Credit Officer (Age 50)
- Mr. Michael W. Bickerton, Exec. VP of Commercial Lending (Age 58)
Has Northwest Bancshares been receiving favorable news coverage?
Press coverage about NWBI stock has been trending somewhat positive on Monday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northwest Bancshares earned a news sentiment score of 0.05 on Accern's scale. They also gave news headlines about the savings and loans company an impact score of 47.46 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Northwest Bancshares' major shareholders?
Northwest Bancshares' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.90%), Dimensional Fund Advisors LP (8.41%), Northern Trust Corp (2.38%), Robeco Institutional Asset Management B.V. (1.17%), Schwab Charles Investment Management Inc. (0.98%) and Denver Investment Advisors LLC (0.83%). Company insiders that own Northwest Bancshares stock include Andrew Young, David E Westerburg, Gerald J Ritzert, John P Meegan, Jonathan P Scalise, Michael G Smelko, Philip M Tredway, Richard K Laws, Ronald J Seiffert, Shawn O Walker, Steven G Fisher, Timothy M Hunter and William W Harvey. View Institutional Ownership Trends for Northwest Bancshares.
Which institutional investors are selling Northwest Bancshares stock?
NWBI stock was sold by a variety of institutional investors in the last quarter, including Denver Investment Advisors LLC, JPMorgan Chase & Co., Russell Investments Group Ltd., BNP Paribas Arbitrage SA, American International Group Inc., California Public Employees Retirement System, Teacher Retirement System of Texas and PNC Financial Services Group Inc.. Company insiders that have sold Northwest Bancshares company stock in the last year include Andrew Young, David E Westerburg, Gerald J Ritzert, Jonathan P Scalise, Philip M Tredway, Shawn O Walker and William W Harvey. View Insider Buying and Selling for Northwest Bancshares.
Which institutional investors are buying Northwest Bancshares stock?
NWBI stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Schwab Charles Investment Management Inc., Dean Investment Associates LLC, BlackRock Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, GSA Capital Partners LLP, Citadel Advisors LLC and Northern Trust Corp. Company insiders that have bought Northwest Bancshares stock in the last two years include John P Meegan, Ronald J Seiffert and Timothy M Hunter. View Insider Buying and Selling for Northwest Bancshares.
How do I buy shares of Northwest Bancshares?
Shares of NWBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Northwest Bancshares' stock price today?
One share of NWBI stock can currently be purchased for approximately $17.76.
How big of a company is Northwest Bancshares?
Northwest Bancshares has a market capitalization of $1.82 billion and generates $469.34 million in revenue each year. The savings and loans company earns $94.46 million in net income (profit) each year or $0.84 on an earnings per share basis. Northwest Bancshares employs 2,254 workers across the globe.
How can I contact Northwest Bancshares?
Northwest Bancshares' mailing address is 100 LIBERTY STREET, WARREN PA, 16365. The savings and loans company can be reached via phone at 814-726-2140.
MarketBeat Community Rating for Northwest Bancshares (NWBI)MarketBeat's community ratings are surveys of what our community members think about Northwest Bancshares and other stocks. Vote "Outperform" if you believe NWBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NWBI will underperform the S&P 500 over the long term. You may vote once every thirty days.