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Northwest Bancshares (NWBI)

Company Profile

Company profile

Ticker

NWBI

Exchange

Website

www.northwest.bank

CEO

Mr. Louis J. Torchio

Incorporated

Location

Fiscal year end

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

JPMorgan Chase & Co. • Bank of America • Citigroup • Wells Fargo & Company • U.S. Bancorp • The PNC Financial Services Group, Inc. • Capital One Financial • Shinhan Financial • HSBC USA • Regions Financial ...

Former names

SUN WORLD PARTNERS INC

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

NWBI stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Keefe, Bruyette & Woods

Latest filings (excl ownership)

View all

Registration of securities issued in business combination transactions

Results of Operations and Financial Condition

Entry into a Material Definitive Agreement

Regulation FD Disclosure

Departure of Directors or Certain Officers

Quarterly report

7 Nov 24

Results of Operations and Financial Condition

Annual report of proxy voting record

Transcripts

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

View all

Quarterly holdings report by institutional manager

Timothy M Hunter

Timothy B Fannin

Louis J Torchio

Quarterly holdings report by institutional manager

Joseph D Canfield Jr

Quarterly holdings report by institutional manager

WILLIAM W HARVEY

Notice of proposed sale of securities

Financial summary

Financial statements Chart NWBI financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	226.88 mm	226.88 mm	226.88 mm	226.88 mm	226.88 mm	226.88 mm
Cash burn (monthly)	516.67 k	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	2.35 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	224.54 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	434.6	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

NWBI institutional ownership history Ownership history

65.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	227	217	+4.6%
Opened positions	28	35	-20.0%
Closed positions	18	28	-35.7%
Increased positions	76	79	-3.8%
Reduced positions	76	67	+13.4%

13F shares	Current	Prev Q	Change
Total value	1.10 tn	949.66 bn	+16.2%
Total shares	83.84 mm	83.78 mm	+0.1%
Total puts	19.80 k	7.30 k	+171.2%
Total calls	133.10 k	117.10 k	+13.7%
Total put/call ratio	0.1	0.1	+138.6%

Largest owners	Shares	Value	Change
BlackRock	18.50 mm	$247.46 bn	NEW
Vanguard	14.51 mm	$194.11 bn	-1.9%
Dimensional Fund Advisors	8.87 mm	$118.61 bn	+1.2%
STT State Street	7.30 mm	$97.67 bn	+1.0%
Charles Schwab Investment Management	4.84 mm	$64.70 bn	+3.5%
Geode Capital Management	3.06 mm	$40.93 bn	+1.2%
Victory Capital Management	2.96 mm	$39.59 bn	-2.4%
American Century Companies	1.58 mm	$21.18 bn	+29.1%
BK The Bank of New York Mellon Corporation	1.53 mm	$20.53 bn	-8.9%
NTRS Northern Trust	1.26 mm	$16.89 bn	-0.8%

Largest transactions	Shares	Bought/sold	Change
BlackRock	18.50 mm	+18.50 mm	NEW
BLK BlackRock	0.00	-18.43 mm	EXIT
Deutsche Bank AG - Registered Shares	69.64 k	-435.59 k	-86.2%
Norges Bank	0.00	-430.35 k	EXIT
American Century Companies	1.58 mm	+356.90 k	+29.1%
FMR	564.82 k	+310.03 k	+121.7%
Vanguard	14.51 mm	-274.61 k	-1.9%
MS Morgan Stanley	1.18 mm	+228.88 k	+24.0%
IVZ Invesco	1.15 mm	-203.08 k	-15.0%
GS The Goldman Sachs Group, Inc.	619.74 k	+190.19 k	+44.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NWBI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
4 Feb 25	Paup Mark A	Northwest Bancshares, Inc. Common Stock	Buy	Acquire P	No	No	12.66	5,000	63.30 k	54,988.743
31 Jan 25	Hunter Timothy M	Northwest Bancshares, Inc. Common Stock	Buy	Acquire P	No	No	13.13	10,000	131.30 k	171,474
28 Jan 25	Fannin Timothy B	Northwest Bancshares, Inc. Common Stock	Sell	Dispose S	No	No	13.025	3,500	45.59 k	23,264
20 Dec 24	Torchio Louis J	Northwest Bancshares, Inc. Common Stock	Grant	Acquire A	No	No	13.35	149,813	2.00 mm	239,433

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Northwest Bancshares Q4 2024 Adj EPS $0.27 Beats $0.25 Estimate, Sales $114.20M Beat $112.22M Estimate

Northwest Bancshares (NASDAQ:NWBI) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.25 by 8 percent. The company reported quarterly sales of $114.20 million which beat the

Earnings Scheduled For January 24, 2025

Keefe, Bruyette & Woods Maintains Market Perform on Northwest Bancshares, Raises Price Target to $15

Keefe, Bruyette & Woods analyst Timothy Switzer maintains Northwest Bancshares (NASDAQ:NWBI) with a Market Perform and raises the price target from $14 to $15.

Press releases

From Benzinga Pro

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

Northwest Bank Names Michael Perry as Managing Director, Corporate Development and Strategy

COLUMBUS, Ohio, Jan. 13, 2025 /PRNewswire/ -- Northwest Bank, a full-service financial institution offering a complete line of business and personal banking solutions, announced today that Michael Perry has been

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

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

Northwest Bancshares Announces Agreement to Acquire Penns Woods Bancorp

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