Northwest Bancshares, Inc.

NWBI

US6673401039

Banks

Market Closed - Nasdaq Other stock markets 01:30:00 18/05/2024 am IST			5-day change	1st Jan Change
11.4 ^USD	+0.62%		+2.06%	-8.65%

03/05	Tranche Update on Northwest Bancshares, Inc.'s Equity Buyback Plan announced on September 26, 2011.	CI
23/04	Keefe, Bruyette & Woods Trims Price Target on Northwest Bancshares to $12 From $13, Maintains Market Perform Rating	MT

Northwest Bancshares, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

July 24, 2023 at 06:46 pm IST

Northwest Bancshares, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 108.55 million compared to USD 100.27 million a year ago. Net income was USD 33.04 million compared to USD 33.43 million a year ago. Basic earnings per share from continuing operations was USD 0.26 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.26 compared to USD 0.26 a year ago.
For the six months, net interest income was USD 221.01 million compared to USD 190.89 million a year ago. Net income was USD 66.72 million compared to USD 61.71 million a year ago. Basic earnings per share from continuing operations was USD 0.53 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 0.52 compared to USD 0.49 a year ago.

Latest news about Northwest Bancshares, Inc.

Tranche Update on Northwest Bancshares, Inc.'s Equity Buyback Plan announced on September 26, 2011.	04/05	CI
Keefe, Bruyette & Woods Trims Price Target on Northwest Bancshares to $12 From $13, Maintains Market Perform Rating	23/04	MT
Piper Sandler Adjusts Northwest Bancshares' Price Target to $10 From $11, Keeps Underweight Rating	23/04	MT
Earnings Flash (NWBI) NORTHWEST BANCSHARES Reports Q1 EPS $0.23	22/04	MT
Northwest Bancshares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	22/04	CI
Northwest Bancshares, Inc. Declares Quarterly Dividend, Payable on May 15, 2024	22/04	CI
North American Morning Briefing : Stock Futures -2-	22/04	DJ
Northwest Bancshares Names Douglas Schosser as CFO	27/02	MT
Northwest Bancshares, Inc. and Northwest Bank Announce Chief Financial Officer Changes	27/02	CI
Tranche Update on Northwest Bancshares, Inc.'s Equity Buyback Plan announced on September 26, 2011.	24/02	CI
Keefe Bruyette & Woods Adjusts Price Target on Northwest Bancshares to $13 From $12, Keeps Market Perform Rating	23/01	MT
Sector Update: Financial Stocks Rise Late Monday Afternoon	23/01	MT
Sector Update: Financial Stocks Rise Monday Afternoon	23/01	MT
Northwest Bancshares Q4 Adjusted Operating Earnings, Revenue Fall	22/01	MT
Earnings Flash (NWBI) NORTHWEST BANCSHARES Posts Q4 EPS $0.24	22/01	MT
Northwest Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on February 14, 2024	22/01	CI
Northwest Bancshares, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	22/01	CI
North American Morning Briefing : S&P 500 Seen Extending Record	22/01	DJ
Northwest Bancshares Insider Bought Shares Worth $150,000, According to a Recent SEC Filing	08/11	MT
Tranche Update on Northwest Bancshares, Inc.'s Equity Buyback Plan announced on September 26, 2011.	03/11	CI
Earnings Flash (NWBI) NORTHWEST BANCSHARES Reports Q3 EPS $0.31	23/23/23	MT
Northwest Bancshares, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23/23/23	CI
Northwest Bancshares, Inc. Declares Quarterly Cash Dividend for the Third Quarter of 2023, Payable on November 14, 2023	23/23/23	CI
North American Morning Briefing : 10-Year Treasury -2-	23/23/23	DJ
Northwest Bancshares, Northwest Bank's CFO, COO to Retire in 2024	21/23/21	MT

Chart Northwest Bancshares, Inc.

Duration

Period

More charts

Company Profile

Northwest Bancshares, Inc. is a bank holding company of Northwest Bank (the Bank). Northwest Bank is a Pennsylvania-chartered savings bank. The Bank is a community-oriented financial institution offering personal and business banking solutions, investment management and trust services. The Banks principal lending activities are the origination of loans secured by first mortgages on owner-occupied, one-to-four-family residences, shorter term consumer loans, and commercial business and commercial real estate loans. Its principal sources of funds for lending activities include deposits, borrowings, repayments on loans, cash flows from investment and mortgage-backed securities and income provided from operations. It offers other consumer loans, such as direct and indirect automobile loans, sales finance loans, credit card loans, and others. The Bank has approximately 142 community-banking locations throughout its market area in Pennsylvania, western New York, eastern Ohio, and Indiana.

Sector

Banks

Calendar

22/07/2024 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Northwest Bancshares, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

11.4 USD

Average target price

11.4 USD

Spread / Average Target

0.00%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
NORTHWEST BANCSHARES, INC.	-8.65%	1.44B
JPMORGAN CHASE & CO.	+20.43%	583B
BANK OF AMERICA CORPORATION	+16.75%	307B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+23.30%	254B
WELLS FARGO & COMPANY	+24.18%	213B
CHINA CONSTRUCTION BANK CORPORATION	+25.81%	191B
BANK OF CHINA LIMITED	+29.53%	172B
HSBC HOLDINGS PLC	+9.68%	164B
ROYAL BANK OF CANADA	+8.46%	150B
COMMONWEALTH BANK OF AUSTRALIA	+8.26%	137B

Other Banks