NWBI · NASDAQ · Banks - Regional

Northwest Bancshares

Personal and commercial banking across four states, with specialty lending nationwide.

$15.34
After-hours close0.00 (0.00%)
At close$15.34(+0.07%)
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Profile

Northwest Bancshares, Inc.NWBIFinancials

Provides personal and business deposits, residential and consumer credit, commercial and commercial-real-estate loans, treasury management, and wealth services through Northwest Bank. Its branch franchise spans Pennsylvania, New York, Ohio, and Indiana, while specialty commercial teams originate selected credits nationwide.

Operates Northwest Bank, a community-oriented savings bank providing checking and savings accounts, residential mortgages, home-equity and consumer loans, and business banking across Pennsylvania, western New York, northeastern Ohio, and Indiana. The Penns Woods acquisition broadened its Pennsylvania network, while the holding company remains based in Columbus and the bank in Warren.

Commercial banking covers business and commercial-real-estate credit, treasury management, and nationally originated specialty finance, including SBA, equipment, restaurant and franchise, sponsor, sports, and corporate lending. Investment management, trust, employee-benefit, and wealth services add fee-based offerings alongside lending and deposits.

Earnings depend chiefly on interest collected from loans and securities versus the cost of deposits and borrowings. Credit quality, access to deposits, regulatory capital requirements, and the integration of acquired banks shape the balance sheet.

Company facts

CEOLouis J. Torchio
ListedDec 18, 2009
ExchangeNASDAQ
HeadquartersColumbus, OH
CountryUnited States
Employees2,233
CIK0001471265
ISINUS6673401039

Key statistics

Market cap$2.25B
EPS (ttm)$1.03
P/E (ttm)14.86
ROE8.1%
P/B1.17
P/S2.66
Dividend yield5.22%
Beta0.45vs XLF 0.86

Year to date +28.0% · Average volume (30d) 942.2K

Analysts

Price target, next 12 months$17.50+14.1%Median of 15 analysts · vs the Aug 28 close
ConsensusHold5 of 15 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 4, 2026Truist FinancialTarget$16$18
Jul 29, 2026DA DavidsonReiterateNeutral$15$17
May 1, 2026Truist FinancialTarget$15$16
Apr 29, 2026DA DavidsonReiterateNeutral$14$15
Dec 17, 2025Piper SandlerTarget$10$13

Earnings

EPS

Estimate$0.35
ReportedDue Oct 26, 2026

Revenue

Estimate$183.6M
ReportedDue Oct 26, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 27, 2026Q2 FY26$0.34$0.37+10.0%$179.2M$181.2M+1.1%+3.18%
Apr 27, 2026Q1 FY26$0.30$0.35+16.7%$173.5M$175.1M+0.9%+4.97%
Jan 26, 2026Q4 FY25$0.31$0.33+6.5%$174.2M$179.9M+3.3%+0.79%
Oct 27, 2025Q3 FY25$0.30$0.29−2.8%$166.0M$167.4M+0.9%−3.68%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$208.6M$201.7M$226.1M$240.6M$234.1M$142.7M
Gross profit$147.9M$140.8M$136.2M$174.2M$170.7M$77.9M
Operating income$56.5M$44.1M$3.5M$60.7M$66.7M$3.5M
Net income$43.5M$33.7M$3.2M$45.7M$50.5M$53.5M
Diluted EPS$0.34$0.26$0.02$0.31$0.34$0.36
Gross margin70.9%69.8%60.2%72.4%72.9%54.6%
Operating margin27.1%21.9%1.5%25.2%28.5%2.5%

Fiscal years (4-quarter sums)FY21 $534.1M · FY22 $557.8M · FY23 $700.1M · FY24 $754.1M · FY25 $877.0M

Revenue by product · Q2 FY26

Banking Segment$239.4M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $2.08B · Total debt $857.1M · Total assets $17.21B · Shareholders' equity $1.93B

Dividends

Next ex-date
Nov 6, 2026
estimated · in 69 days
Annual dividend
$0.80
per share
Dividend yield
5.22%
Schedule
Quarterly
4 payments a year

Raised for 10 straight years. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Aug 6, 2026Aug 6Aug 18$0.20
May 7, 2026May 7May 20$0.20
Feb 5, 2026Feb 5Feb 18$0.20
Nov 6, 2025Nov 6Nov 18$0.20
Aug 8, 2025Aug 8Aug 19$0.20
May 8, 2025May 8May 20$0.20
Feb 3, 2025Feb 3Feb 14$0.20
Nov 8, 2024Nov 8Nov 18$0.20
View details

Ownership

Institutions 72.86%106.66M sharesInsiders 1.28%1.88M sharesOther 25.86%37.85M shares

Shares outstanding 146.40M · Float 144.64M · 98.8% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.21.12M14.42%13FAug 7, 2026
State Street Corporation10.86M7.40%13GAug 7, 2026
Dimensional Fund Advisors LP9.12M6.23%13FAug 11, 2026
Vanguard Portfolio Management LLC9.09M6.21%13FAug 13, 2026
Vanguard Capital Management LLC6.71M4.58%13FAug 13, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 20, 2026Charles E. Kranichdirector+1,635$15.28
Jul 30, 2026James M. Colestroofficer: Chief Retail Lending Officer−13,274$15.77
May 27, 2026Timothy M. Hunterdirector+10,000$13.97
Apr 30, 2026Carey A. Barnumofficer: Chief Auditor−1,351$13.97
May 1, 2026Urich T. Bowersofficer: Chief Cons. Banking /Strat Off+7,000$13.98
View details

Peers

  • F.N.B.

    $50B Pittsburgh regional bank with leading PA deposit share; four-state overlap.

  • First Commonwealth Financial

    $12.3B Indiana, PA community bank; 126 offices across western PA and Ohio.

  • KeyCorp

    ~$184B Cleveland-based super-regional; direct Buffalo and NE Ohio competitor.

  • Huntington Bancshares

    $204B Columbus-based Midwest regional; OH/IN/PA overlap, #1 SBA 7(a) lender.

  • S&T Bancorp

    $9.9B Indiana, PA community-commercial bank with 72 branches in PA and Ohio.

  • Citizens Financial Group

    Super-regional; 1,000+ branches in PA, NY, OH, and 11 other states.

  • Old National Bancorp

    $72B Midwest super-regional anchored in Indiana, scaled via 50+ acquisitions.

CompareAfter-hours close

CompanyPriceChange
Northwest Bancshares$15.340.00%$2.25B14.910.92.7+21.2%
F.N.B.$18.41−0.05%$6.55B11.010.32.4+5.6%
First Commonwealth Financial$20.85+0.05%$2.12B12.811.23.4+6.5%
KeyCorp$21.91+0.07%$23.65B12.711.22.3+7.3%
Huntington Bancshares$16.95+0.18%$34.19B12.69.82.4+47.4%
S&T Bancorp$49.79−0.02%$1.76B13.312.63.1+5.2%
Citizens Financial Group$71.05+1.96%$29.48B15.211.92.6+12.1%
Old National Bancorp$25.85+0.02%$9.89B11.49.52.5+12.3%
Median12.711.22.5+7.3%