| Northwest Bancshares, Inc. Announces Board of Directors Leadership Transition |
COLUMBUS, Ohio , May 12, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. ("Northwest") (Nasdaq: NWBI), today announced a change in its board of directors as part of a leadership transition. As a result of his impending retirement from the board of directors in 2026, Timothy B. |
prnewswire.com |
2025-05-12 13:10:00 |
Czytaj oryginał (ang.) |
| Earnings Estimates Moving Higher for Northwest Bancshares (NWBI): Time to Buy? |
Northwest Bancshares (NWBI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. |
zacks.com |
2025-05-02 17:25:40 |
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| Northwest Bancshares: A Great Income Name, Near 7% Yield |
Q1 earnings for Northwest Bancshares, Inc. were strong, with revenues up 19% and net income increasing by $14 million, driven by margin expansion and lower credit loss provisions. The bank's asset quality remains robust, with improvements in nonperforming loans and assets, despite a slight increase in the allowance for credit losses. Northwest Bancshares offers a near 7% dividend yield and projects 20% commercial loan growth, making it an attractive income investment amid market volatility. |
seekingalpha.com |
2025-04-29 20:27:24 |
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| Northwest Bancshares, Inc. (NWBI) Q1 2025 Results Conference Call Transcript |
Northwest Bancshares, Inc. (NASDAQ:NWBI ) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Michael Perry - Managing Director, Corporate Strategy and Development and Investor Relations Louis Torchio - President and CEO Doug Schosser - Chief Financial Officer Thomas Creal - Chief Credit Officer Sean Morrow - Treasurer Conference Call Participants Tim Switzer - KBW Daniel Tamayo - Raymond James Matthew Breese - Stephens, Inc. Manuel Navas - D. A. Davidson Operator Thank you for standing by. |
seekingalpha.com |
2025-04-29 16:51:08 |
Czytaj oryginał (ang.) |
| Northwest Bancshares (NWBI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Northwest Bancshares (NWBI) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-04-29 00:01:05 |
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| Northwest Bancshares (NWBI) Surpasses Q1 Earnings and Revenue Estimates |
Northwest Bancshares (NWBI) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.23 per share a year ago. |
zacks.com |
2025-04-28 22:20:33 |
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| Northwest Bancshares, Inc. Announces First Quarter 2025 net income of $43 million, or $0.34 per diluted share |
Net interest margin expands 45 basis points to 3.87% our 4th consecutive quarter of improved margin All regulatory and shareholder approvals received for Penns Woods merger Total revenue grew 19% from first quarter 2024 3rd consecutive quarter of reduced costs of funds Credit quality remains stable with nonperforming assets at 0.52% of total assets COLUMBUS, Ohio , April 28, 2025 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (Nasdaq: NWBI) announced net income for the quarter ended March 31, 2025 of $43 million, or $0.34 per diluted share. This represents an increase of $14 million compared to the same quarter last year, when net income was $29 million, or $0.23 per diluted share, and an increase of $11 million compared to the prior quarter, when net income was $33 million, or $0.26 per diluted share. |
prnewswire.com |
2025-04-28 20:05:00 |
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| Northwest Bancshares, Inc. Merger with Penns Woods Bancorp, Inc. Receives Regulatory and Shareholder Approval |
Completion of Merger Expected to Take Place in Late July 2025 COLUMBUS, Ohio , April 23, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. ("Northwest") (Nasdaq: NWBI) today announced that it has received all regulatory and shareholder approvals required to complete the previously announced merger of Penns Woods Bancorp, Inc. ("Penns Woods") (Nasdaq: PWOD) with and into Northwest and the merger of Penns Woods' wholly-owned subsidiary banks, Jersey Shore State Bank and Luzerne Bank each with and into Northwest Bank, a Pennsylvania-chartered savings bank and wholly-owned subsidiary of Northwest, with Northwest Bank as the surviving bank. The Federal Deposit Insurance Corporation has approved the merger of Jersey Shore State Bank and Luzerne Bank with and into Northwest Bank, and the Pennsylvania Department of Banking and Securities has approved the merger of Penns Woods with and into Northwest and the merger of the subsidiary banks. |
prnewswire.com |
2025-04-23 12:35:00 |
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| SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Northwest Bancshares, Inc. (NASDAQ: NWBI) |
NEW YORK , April 8, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Northwest Bancshares, Inc. (NASDAQ: NWBI) on behalf of the company's shareholders. The investigation seeks to determine whether Northwest Bancshares's directors breached their fiduciary duties in connection with recent corporate actions. |
prnewswire.com |
2025-04-08 13:00:00 |
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| Northwest Bancshares, Inc. Announces First Quarter 2025 Earnings Call Details |
COLUMBUS, Ohio , April 7, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. (Nasdaq: NWBI) will host a conference call to review first quarter 2025 financial results on Tuesday, April 29 at 9:00 a.m. (EDT). The financial results and supporting financial data are scheduled to be released after market close on Monday, April 28. |
prnewswire.com |
2025-04-07 13:00:00 |
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| SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Northwest Bancshares, Inc. (NASDAQ: NWBI) |
NEW YORK , March 19, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Northwest Bancshares, Inc. (NASDAQ: NWBI) on behalf of the company's shareholders. The investigation seeks to determine whether Northwest Bancshares's directors breached their fiduciary duties in connection with recent corporate actions. |
prnewswire.com |
2025-03-19 12:06:00 |
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| PENNS WOODS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Penns Woods Bancorp, Inc. - PWOD |
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Penns Woods Bancorp, Inc. (NasdaqGS: PWOD) to Northwest Bancshares, Inc. (NasdaqGS: NWBI). Under the terms of the proposed transaction, shareholders of Penns will receive 2.385 shares of Northwest for each share of Penns that they own. KSF is seeking to determine whether this consideration and the process that. |
businesswire.com |
2025-02-25 15:03:00 |
Czytaj oryginał (ang.) |
| Northwest Bancshares: Continue To Own For Juicy Income |
We continue to recommend holding Northwest Bancshares, Inc. for its over 6% dividend yield, despite mixed asset quality and return metrics. Q4 earnings showed strong revenue growth and net income increase, with EPS beating estimates by $0.02, though credit loss provisions rose. Loans remained flat while deposits grew, and the net interest margin improved to 3.42%, reflecting positive trends in margins and deposit growth. |
seekingalpha.com |
2025-01-28 14:49:49 |
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| Northwest Bancshares, Inc. (NWBI) Q4 2024 Earnings Call Transcript |
Northwest Bancshares, Inc. (NASDAQ:NWBI ) Q4 2024 Earnings Conference Call January 24, 2025 10:00 AM ET Company Participants Michael Perry - Managing Director, Corporate Strategy and Development and Investor Relations Louis Torchio - President and CEO Doug Schosser - Chief Financial Officer Thomas Creal - Chief Credit Officer Conference Call Participants Tim Switzer - KBW Daniel Tamayo - Raymond James Matthew Breese - Stephens, Inc. Daniel Cardenas - Janney Montgomery Scott Operator Good morning, thank you for joining us, and welcome to Northwest Bancshares Fourth Quarter 2024 Earnings Call. This session is being recorded, and a playback will be available on our Investor Relations website. |
seekingalpha.com |
2025-01-24 16:05:53 |
Czytaj oryginał (ang.) |
| Northwest Bancshares (NWBI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates |
While the top- and bottom-line numbers for Northwest Bancshares (NWBI) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-01-24 12:30:55 |
Czytaj oryginał (ang.) |
| Northwest Bancshares (NWBI) Q4 Earnings and Revenues Surpass Estimates |
Northwest Bancshares (NWBI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.24 per share a year ago. |
zacks.com |
2025-01-24 11:40:38 |
Czytaj oryginał (ang.) |
| Northwest Bancshares, Inc. Announces Fourth Quarter 2024 net income of $33 million, or $0.26 per diluted share |
Adjusted net income (non-GAAP) of $35 million , or $0.27 per diluted share Net interest margin expands 9 basis points to 3.42%, inclusive of 6bps from an interest recovery Efficiency ratio improved to 61.8% 121st consecutive quarterly dividend of $0.20 per share declared COLUMBUS, Ohio , Jan. 24, 2025 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (Nasdaq: NWBI) announced net income for the quarter ended December 31, 2024 of $33 million, or $0.26 per diluted share. This represents an increase of $4 million compared to the same quarter last year, when net income was $29 million, or $0.23 per diluted share, and a decrease of $1 million compared to the prior quarter, when net income was $34 million, or $0.26 per diluted share. |
prnewswire.com |
2025-01-24 09:30:00 |
Czytaj oryginał (ang.) |
| Exploring Analyst Estimates for Northwest Bancshares (NWBI) Q4 Earnings, Beyond Revenue and EPS |
Evaluate the expected performance of Northwest Bancshares (NWBI) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. |
zacks.com |
2025-01-20 12:21:43 |
Czytaj oryginał (ang.) |
| Northwest Bancshares, Inc. to Host Fourth Quarter 2024 Earnings Call |
COLUMBUS, Ohio , Jan. 10, 2025 /PRNewswire/ -- Northwest Bancshares, Inc. (NASDAQ: NWBI) will host a conference call to review fourth quarter 2024 financial results on Friday, January 24 at 10:00 a.m. (EDT). The results are scheduled to be released at approximately 7:30 a.m. |
prnewswire.com |
2025-01-10 17:00:00 |
Czytaj oryginał (ang.) |
| Northwest Bancshares: A Growing Regional Bank With Attractive Dividend Yield |
I'm initiating coverage of Northwest Bancshares with a buy rating, more bullish than today's consensus calling for a hold. With a recent acquisition of another regional bank, and growth in commercial loans, it is a regional with growth prospects. Its dividend yield just over 6% beats similar peers. |
seekingalpha.com |
2025-01-10 05:34:28 |
Czytaj oryginał (ang.) |
| PENNS WOODS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Penns Woods Bancorp, Inc. - PWOD |
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Penns Woods Bancorp, Inc. (NasdaqGS: PWOD) to Northwest Bancshares, Inc. (NasdaqGS: NWBI). Under the terms of the proposed transaction, shareholders of Penns will receive 2.385 shares of Northwest for each share of Penns that they own. KSF is seeking to determine whether this consideration and the process that. |
businesswire.com |
2025-01-06 20:40:00 |
Czytaj oryginał (ang.) |
| Best Value Stocks to Buy for December 31st |
ACIC, NWBI and NCLH made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 31, 2024. |
zacks.com |
2024-12-31 08:01:18 |
Czytaj oryginał (ang.) |
| Best Income Stocks to Buy for December 31st |
VRN, NWBI and JKS made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 31, 2024. |
zacks.com |
2024-12-31 06:16:07 |
Czytaj oryginał (ang.) |
| Northwest Bancshares (NWBI) Upgraded to Strong Buy: What Does It Mean for the Stock? |
Northwest Bancshares (NWBI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2024-12-23 15:01:14 |
Czytaj oryginał (ang.) |
| New Strong Buy Stocks for December 23rd |
PBI, NFG, NWBI, PFIS and MNDY have been added to the Zacks Rank #1 (Strong Buy) List on December 23, 2024. |
zacks.com |
2024-12-23 07:36:08 |
Czytaj oryginał (ang.) |
| Best Income Stocks to Buy for December 23rd |
NWBI, PFIS and NFG made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 23, 2024. |
zacks.com |
2024-12-23 03:56:06 |
Czytaj oryginał (ang.) |
| Northwest Bancshares, Inc. Announces Agreement to Acquire Penns Woods Bancorp, Inc. |
COLUMBUS, Ohio , Dec. 17, 2024 /PRNewswire/ -- Northwest Bancshares, Inc. ("Northwest") (NASDAQ: NWBI) the bank holding company for Northwest Bank, and Penns Woods Bancorp, Inc. ("Penns Woods") (NASDAQ: PWOD), the multi-bank holding company of Jersey Shore State Bank and Luzerne Bank, jointly announced today that they have entered into a definitive Agreement and Plan of Merger ("Agreement") whereby Northwest will acquire Penns Woods in an all-stock transaction valued at approximately $270.4 million. Combining the two organizations will significantly enhance the combined company's presence in North Central and Northeastern Pennsylvania. |
prnewswire.com |
2024-12-17 10:15:00 |
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| Northwest Bancshares Inc. (NWBI) Q3 2024 Earnings Call Transcript |
Northwest Bancshares Inc. (NASDAQ:NWBI ) Q3 2024 Results Conference Call October 29, 2024 9:00 AM ET Company Participants Joseph Canfield - Executive Vice President, Chief Accounting Officer Louis Torchio - President, CEO & Director Doug Schosser - Chief Financial Officer Thomas Creal - Executive VP & Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Manuel Navas - D.A. Davidson Matthew Breese - Stephens Inc Frank Schiraldi - Piper Sandler Daniel Cardenas - Janney Montgomery Scott Operator Thank you for standing by. |
seekingalpha.com |
2024-10-29 16:00:10 |
Czytaj oryginał (ang.) |
| Northwest Bancshares (NWBI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for Northwest Bancshares (NWBI) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2024-10-29 13:00:33 |
Czytaj oryginał (ang.) |
| Northwest Bancshares (NWBI) Q3 Earnings Meet Estimates |
Northwest Bancshares (NWBI) came out with quarterly earnings of $0.26 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.31 per share a year ago. |
zacks.com |
2024-10-29 11:41:08 |
Czytaj oryginał (ang.) |
| Northwest Bancshares, Inc. Announces Third Quarter 2024 net income of $34 million, or $0.26 per diluted share |
Net interest margin expands 13 basis points to 3.33%, inclusive of 4bps from an interest recovery Average deposits grew $10 million while cost of funds remain ed stable Noninterest expense declines $2 million due to disciplined expense management 120th consecutive quarterly dividend of $0.20 per share declared COLUMBUS, Ohio , Oct. 29, 2024 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended September 30, 2024 of $34 million, or $0.26 per diluted share. This represents a decrease of $5 million compared to the same quarter last year, when net income was $39 million, or $0.31 per diluted share, and an increase of $29 million compared to the prior quarter, when net income was $5 million, or $0.04 per diluted share. |
prnewswire.com |
2024-10-29 09:30:00 |
Czytaj oryginał (ang.) |
| Staying The Course With Northwest Bancshares As Earnings Near |
Northwest Bancshares remains a 'hold' as its performance is expected to match the broader market. Despite a 7.6% rise in net interest income, non-interest income fell significantly due to one-time losses, impacting overall profitability. The bank's balance sheet shows minimal growth in deposits and a decline in loans, with a mixed asset quality and higher-than-preferred price to earnings multiple. |
seekingalpha.com |
2024-10-23 23:37:09 |
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| Northwest Bancshares, Inc. to Host Third-Quarter 2024 Earnings Call |
COLUMBUS, Ohio , Oct. 8, 2024 /PRNewswire/ -- Northwest Bancshares, Inc. (NASDAQ: NWBI) will host a conference call to review third-quarter 2024 financial results on Tuesday, October 29 at 9:00 a.m. (EDT). The results are scheduled to be released at approximately 7:30 a.m. |
prnewswire.com |
2024-10-08 19:00:00 |
Czytaj oryginał (ang.) |
| What Makes Northwest Bancshares (NWBI) a New Buy Stock |
Northwest Bancshares (NWBI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). |
zacks.com |
2024-08-29 17:00:35 |
Czytaj oryginał (ang.) |
| Contrarian Alert: 6 Hated Dividend Stocks Yielding Up To 13% |
The haters are out in full force. Wall Street “pros” are downright disgusted with high-yield stocks. Here at Contrarian Outlook, this pessimism warms our heart. With no analysts left to slap a Sell rating on these names, the future is filled with upgrades. |
forbes.com |
2024-08-18 13:27:00 |
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| Collect 3X To 5X More Income With These 5 Steady Dividend Stocks |
Worried about a serious pullback in the S&P 500? That something is going to go a bit haywire here in America, or overseas, and send stocks swooning? |
forbes.com |
2024-08-04 11:00:00 |
Czytaj oryginał (ang.) |
| Northwest Bancshares, Inc. (NWBI) Q2 2024 Earnings Call Transcript |
Northwest Bancshares, Inc. (NASDAQ:NWBI ) Q2 2023 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Jeffrey Maddigan - Head, Investor Relations Louis Torchio - President and Chief Executive Officer Douglas Schosser - Chief Financial Officer Conference Call Participants Tim Switzer - KBW Frank Schiraldi - Piper Sandler Daniel Cardenas - Janney David Mirochnick - Stephens Manuel Navas - D.A. Davidson Operator Good morning. |
seekingalpha.com |
2024-07-23 17:44:08 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About Northwest Bancshares (NWBI) Q2 Earnings |
While the top- and bottom-line numbers for Northwest Bancshares (NWBI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-07-23 14:36:34 |
Czytaj oryginał (ang.) |
| Northwest Bancshares (NWBI) Tops Q2 Earnings Estimates |
Northwest Bancshares (NWBI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.27 per share a year ago. |
zacks.com |
2024-07-23 13:35:58 |
Czytaj oryginał (ang.) |
| Northwest Bancshares, Inc. Announces Second Quarter 2024 net income of $5 million, or $0.04 per diluted share |
The Company's adjusted net operating income was $35 million, or $0.27 per diluted share (1) Previously announced balance sheet restructure successfully completed Net interest margin expands 10 basis points to 3.20% Credit quality remains strong 119th consecutive quarterly dividend of $0.20 per share declared COLUMBUS, Ohio , July 23, 2024 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NasdaqGS: NWBI) announced net income for the quarter ended June 30, 2024 of $5 million, or $0.04 per diluted share. This represents a decrease of $28 million compared to the same quarter last year, when net income was $33 million, or $0.26 per diluted share, and a decrease of $24 million compared to the prior quarter, when net income was $29 million, or $0.23 per diluted share. |
prnewswire.com |
2024-07-23 11:00:00 |
Czytaj oryginał (ang.) |
| Northwest Bancshares, Inc. to Host Second-Quarter 2024 Earnings Call |
COLUMBUS, Ohio , July 12, 2024 /PRNewswire/ -- will host a conference call to review second-quarter 2024 financial results on Tuesday, July 23 at 9:00 a.m. (EDT). The results are scheduled to be released at approximately 7:00 a.m. |
prnewswire.com |
2024-07-12 21:00:00 |
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