Northwest Bancshares, Inc. operates as a holding company for Northwest Bank that offers various personal and business banking solutions.
Excellent balance sheet established dividend payer.
Share Price & News
How has Northwest Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NWBI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NWBI underperformed the US Mortgage industry which returned -23.6% over the past year.
Return vs Market: NWBI underperformed the US Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is Northwest Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StA Sliding Share Price Has Us Looking At Northwest Bancshares, Inc.'s (NASDAQ:NWBI) P/E Ratio
1 month ago | Simply Wall StHere's What Northwest Bancshares, Inc.'s (NASDAQ:NWBI) P/E Is Telling Us
1 month ago | Simply Wall StShould You Buy Northwest Bancshares, Inc. (NASDAQ:NWBI) For Its Upcoming Dividend In 3 Days?
Is Northwest Bancshares undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NWBI ($11.35) is trading below our estimate of fair value ($13.08)
Significantly Below Fair Value: NWBI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NWBI is poor value based on its PE Ratio (10.8x) compared to the Mortgage industry average (10.7x).
PE vs Market: NWBI is good value based on its PE Ratio (10.8x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: NWBI is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: NWBI is overvalued based on its PB Ratio (0.9x) compared to the US Mortgage industry average (0.8x).
How is Northwest Bancshares forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NWBI's forecast earnings growth (6.8% per year) is above the savings rate (1.7%).
Earnings vs Market: NWBI's earnings (6.8% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: NWBI's earnings are forecast to grow, but not significantly.
Revenue vs Market: NWBI's revenue (12% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: NWBI's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NWBI's Return on Equity is forecast to be low in 3 years time (7%).
How has Northwest Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWBI has high quality earnings.
Growing Profit Margin: NWBI's current net profit margins (25.3%) are lower than last year (25.7%).
Past Earnings Growth Analysis
Earnings Trend: NWBI's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: NWBI's earnings growth over the past year (4.7%) is below its 5-year average (16.6% per year).
Earnings vs Industry: NWBI earnings growth over the past year (4.7%) underperformed the Mortgage industry 8.7%.
Return on Equity
High ROE: NWBI's Return on Equity (8.2%) is considered low.
How is Northwest Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: NWBI has a low level of unsold assets or inventory.
Debt Coverage by Assets: NWBI's debt is not covered by short term assets (assets are 0.3x debt).
Financial Institutions Analysis
Asset Level: NWBI's level of assets compared to its equity is low.
Allowance for Bad Loans: NWBI has a low allowance for bad loans.
Low Risk Liabilities: NWBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: NWBI has an acceptable proportion of non-loan assets held.
Low Risk Deposits: NWBI's loans are broadly funded by customer deposits.
Level of Bad Loans: NWBI has an appropriate level of bad loans (0.76%)
What is Northwest Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NWBI's dividend (6.7%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: NWBI's dividend (6.7%) is in the top 25% of dividend payers in the US market (5.45%)
Stability and Growth of Payments
Stable Dividend: NWBI's dividend payments have been volatile in the past 10 years.
Growing Dividend: NWBI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.4%), NWBI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NWBI's dividends in 3 years are forecast to be covered by earnings (84.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ron Seiffert (62yo)
Mr. Ronald J. Seiffert, also known as Ron, has been the President of Northwest Bancshares Inc. and Northwest Bank since November 2017, and has been its Chief Executive Officer since June 22, 2018. Mr. Seif ...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD1.28M) is below average for companies of similar size in the US market ($USD4.54M).
Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.
|Senior EVP & CFO||no data||US$1.09m||0.18% $2.2m|
|Senior EVP & Chief Innovation Officer||no data||US$1.23m||0.32% $3.9m|
|Executive Vice President of Consumer & Business Banking||no data||US$530.68k||0.019% $225.6k|
|Executive VP of Retail Lending||2.17yrs||US$539.57k||0.012% $144.7k|
|Principal Accounting Officer||1yr||no data||0.0018% $22.0k|
|Senior VP & CTO||no data||no data||no data|
|Executive VP & Chief Information Officer||no data||no data||0.079% $958.7k|
|Executive VP||no data||no data||0.033% $400.9k|
|Senior VP & Chief Compliance Officer||no data||no data||0.097% $1.2m|
Experienced Management: NWBI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Independent Director||4.58yrs||US$139.49k||0.036% $436.7k|
|Lead Independent Director||5.92yrs||US$179.44k||0.018% $215.2k|
|Independent Director||9.92yrs||US$158.02k||0.074% $900.6k|
|Independent Director||8.92yrs||US$159.71k||0.038% $462.5k|
|Independent Director||7.92yrs||US$143.58k||0.024% $285.5k|
|Independent Director||4.92yrs||US$140.11k||0.042% $505.0k|
|Independent Director||6.92yrs||US$150.75k||0.019% $230.8k|
|Independent Director||6.92yrs||US$152.06k||0.038% $459.9k|
|Independent Director||3.92yrs||US$131.82k||0.010% $124.4k|
Experienced Board: NWBI's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NWBI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.
Northwest Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Northwest Bancshares, Inc.
- Ticker: NWBI
- Exchange: NasdaqGS
- Founded: 1896
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$1.214b
- Shares outstanding: 106.93m
- Website: https://www.northwest.com
Number of Employees
- Northwest Bancshares, Inc.
- 100 Liberty Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NWBI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Nov 1994|
|NHS||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 1994|
Northwest Bancshares, Inc. operates as a holding company for Northwest Bank that offers various personal and business banking solutions. The company accepts various deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts. Its loan products include one-to-four family residential real estate, short-term consumer, multi-family residential and commercial real estate, commercial business, and residential mortgage loans; home equity lines of credit; and consumer loans comprising automobile, sales finance, unsecured personal, and credit card loans, as well as loans secured by deposit accounts. The company also offers employee benefit, property, and casualty insurance services; and brokerage, investment management, and trust services. As of January 22, 2019, it operated 162 full-service community-banking offices and 10 freestanding drive-through facilities in Pennsylvania, New York, and Ohio. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Warren, Pennsylvania.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 01:44|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.