if you’re looking for a customer-centric, community-oriented bank, look to northwest. we’re a bank that knows how important our people are, and it shows in everything we do. from the teller who greets you at the drive-up window to the personal banker who helps you with your first home loan, we go out of our way to put our customers first. we operate across pennsylvania, new york, and ohio - if you’re ever in our area, stop by one of our locations and speak with our friendly staff. founded in 1896, we’ve been around 120 years. that type of longevity proves that we’re a trusted institution with a history of award-winning customer service. we offer products and services to fit your diverse banking needs. from checking and savings accounts to business loans and retirement accounts, we think you’ll like what we have to offer. we’re a subsidiary of northwest bancshares, inc. find us on the nasdaq global select market under the symbol nwbi.
Company profile
Ticker
NWBI
Exchange
Website
CEO
Louis J. Torchio
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
NWBI stock data
Latest filings (excl ownership)
8-K
Northwest Bancshares, Inc. Announces First Quarter 2024 Earnings and Quarterly Dividend
22 Apr 24
8-K
Submission of Matters to a Vote of Security Holders
19 Apr 24
ARS
2023 FY
Annual report to shareholders
8 Mar 24
DEFA14A
Additional proxy soliciting materials
8 Mar 24
DEF 14A
Definitive proxy
8 Mar 24
8-K
Departure of Directors or Certain Officers
26 Feb 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Regulation FD Disclosure
15 Feb 24
8-K
Northwest Bancshares, Inc. Announces Fourth Quarter 2023 Earnings and Quarterly Dividend
22 Jan 24
10-Q
2023 Q3
Quarterly report
3 Nov 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
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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) | 162.00 mm | 162.00 mm | 162.00 mm | 162.00 mm | 162.00 mm | 162.00 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 1.68 mm | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 11.47 mm | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 150.52 mm | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 89.8 | n/a |
Institutional ownership, Q3 2023
64.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 207 |
Opened positions | 28 |
Closed positions | 16 |
Increased positions | 67 |
Reduced positions | 75 |
13F shares | Current |
---|---|
Total value | 836.75 bn |
Total shares | 82.05 mm |
Total puts | 46.40 k |
Total calls | 41.60 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 18.60 mm | $190.23 bn |
Vanguard | 14.90 mm | $152.47 bn |
Dimensional Fund Advisors | 8.62 mm | $88.20 bn |
STT State Street | 6.77 mm | $69.25 bn |
IVZ Invesco | 4.92 mm | $50.30 bn |
Charles Schwab Investment Management | 3.50 mm | $35.84 bn |
Victory Capital Management | 2.95 mm | $30.16 bn |
Geode Capital Management | 2.71 mm | $27.68 bn |
BK Bank Of New York Mellon | 1.59 mm | $16.31 bn |
NTRS Northern Trust | 1.27 mm | $12.99 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Mar 24 | Douglas M Schosser | Northwest Bancshares, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 22,105 | 0.00 | 39,347 |
20 Mar 24 | Douglas M Schosser | Northwest Bancshares, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 17,242 | 0.00 | 17,242 |
20 Mar 24 | Devin T Cygnar | Northwest Bancshares, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 5,048 | 0.00 | 15,666 |
20 Mar 24 | Davis Wilbur R | Northwest Bancshares, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 4,156 | 0.00 | 78,354 |
20 Mar 24 | Fannin Timothy B | Northwest Bancshares, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 4,156 | 0.00 | 26,764 |
20 Mar 24 | Hunter Timothy M | Northwest Bancshares, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 4,156 | 0.00 | 151,474 |
News
Keefe, Bruyette & Woods Reiterates Market Perform on Northwest Bancshares, Lowers Price Target to $12
23 Apr 24
Piper Sandler Maintains Underweight on Northwest Bancshares, Lowers Price Target to $10
23 Apr 24
FB Financial Empowers Investors with Solid Returns and Fueling Shareholder Value
27 Feb 24
Surpassing Expectations: Westamerica Bancorp Unleashes Growth Potential and Rewards Investors
16 Feb 24
Pathward Financial Nurtures Growth and Provides Investors with Value.
7 Feb 24