Northwest Bancshares Management
Management criteria checks 2/4
Northwest Bancshares' CEO is Louis Torchio, appointed in Aug 2022, has a tenure of 2.42 years. total yearly compensation is $1.93M, comprised of 42.3% salary and 57.7% bonuses, including company stock and options. directly owns 0.05% of the company’s shares, worth $825.10K. The average tenure of the management team and the board of directors is 1.3 years and 6.8 years respectively.
Key information
Louis Torchio
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 42.3% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.3yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
Northwest Bancshares: Continue To Own For Juicy Income
Jan 28Northwest Bancshares (NASDAQ:NWBI) Has Announced A Dividend Of $0.20
Jan 28
Analysts Have Made A Financial Statement On Northwest Bancshares, Inc.'s (NASDAQ:NWBI) Third-Quarter Report
Nov 01Northwest Bancshares: Over 6% Yield, But Downgrading To Hold Following Recent Rally
Oct 22Northwest Bancshares: Too Early For An Upgrade
Jul 17Northwest Bancshares: 6.9% Dividend Yield, But Earnings Outlook Is Negative
Jul 11Northwest Bancshares (NASDAQ:NWBI) Has Announced A Dividend Of $0.20
Apr 27Northwest Bancshares: Securities Portfolio Begins To Materialize Losses (Rating Downgrade)
Apr 25Northwest Bancshares, Inc. (NASDAQ:NWBI) Just Reported Earnings, And Analysts Cut Their Target Price
Apr 24Northwest Bancshares: A Step Back Might Not Be So Bad (Rating Downgrade)
Jan 17Northwest Bancshares (NASDAQ:NWBI) Is Due To Pay A Dividend Of $0.20
Oct 26Northwest Bancshares (NASDAQ:NWBI) Ticks All The Boxes When It Comes To Earnings Growth
Jul 27Northwest Bancshares (NASDAQ:NWBI) Is Paying Out A Dividend Of $0.20
Apr 27Northwest Bancshares (NASDAQ:NWBI) Is Due To Pay A Dividend Of $0.20
Jan 26Northwest Bancshares: Let It Fall, Then Pounce
Aug 23Northwest Bancshares (NASDAQ:NWBI) Will Pay A Dividend Of $0.20
Jul 28Northwest Bancshares declares $0.20 dividend
Jul 25Northwest Bancshares: A 6.6% Dividend Yield Doesn't Make The Stock Cheap
Jun 15Northwest Bancshares' (NASDAQ:NWBI) Dividend Will Be US$0.20
Apr 28Northwest Bancshares: Earnings To Dip Due To Provision Normalization
Mar 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$100m |
| Sep 30 2024 | n/a | n/a | US$96m |
| Jun 30 2024 | n/a | n/a | US$102m |
| Mar 31 2024 | n/a | n/a | US$130m |
| Dec 31 2023 | US$2m | US$817k | US$135m |
| Sep 30 2023 | n/a | n/a | US$140m |
| Jun 30 2023 | n/a | n/a | US$138m |
| Mar 31 2023 | n/a | n/a | US$139m |
| Dec 31 2022 | US$1m | US$530k | US$133m |
| Sep 30 2022 | n/a | n/a | US$128m |
| Jun 30 2022 | n/a | n/a | US$126m |
| Mar 31 2022 | n/a | n/a | US$141m |
| Dec 31 2021 | US$723k | US$376k | US$153m |
| Sep 30 2021 | n/a | n/a | US$158m |
| Jun 30 2021 | n/a | n/a | US$162m |
| Mar 31 2021 | n/a | n/a | US$107m |
| Dec 31 2020 | US$654k | US$337k | US$75m |
| Sep 30 2020 | n/a | n/a | US$65m |
| Jun 30 2020 | n/a | n/a | US$61m |
| Mar 31 2020 | n/a | n/a | US$93m |
| Dec 31 2019 | US$540k | US$295k | US$110m |
| Sep 30 2019 | n/a | n/a | US$111m |
| Jun 30 2019 | n/a | n/a | US$106m |
| Mar 31 2019 | n/a | n/a | US$106m |
| Dec 31 2018 | US$373k | US$229k | US$105m |
Compensation vs Market: Louis's total compensation ($USD1.93M) is below average for companies of similar size in the US market ($USD5.30M).
Compensation vs Earnings: Louis's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Louis Torchio (62 yo)
2.4yrs
Tenure
US$1,932,721
Compensation
Mr. Louis J. Torchio was appointed as President and Chief Executive Officer of both Northwest Bancshares, Inc. and Northwest Bank since August 17, 2022 and as Director of both entities since August 17, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$1.93m | 0.050% $ 825.1k | |
| Executive VP & Chief Information Officer | no data | US$689.31k | 0.022% $ 371.2k | |
| Consultant | less than a year | US$1.63m | 0.18% $ 2.9m | |
| Executive VP & Chief Risk Officer | 1.8yrs | US$1.36m | 0.0092% $ 152.9k | |
| Chief Financial Officer | less than a year | no data | 0.036% $ 600.7k | |
| Senior Vice President of Corporate Finance | no data | no data | no data | |
| Senior VP & Chief Technology Officer | no data | no data | no data | |
| Executive VP | no data | no data | 0.040% $ 665.8k | |
| Senior VP & Chief Compliance Officer | no data | no data | no data | |
| Executive VP of Corporate Communications & Regional Marketing | no data | no data | no data | |
| Executive VP and Chief Marketing & Communications Officer | 3.8yrs | no data | 0.020% $ 336.6k | |
| Managing Director of Corporate Development & Strategy | no data | no data | no data |
1.3yrs
Average Tenure
58yo
Average Age
Experienced Management: NWBI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$1.93m | 0.050% $ 825.1k | |
| Consultant | 2.4yrs | US$1.63m | 0.18% $ 2.9m | |
| Independent Director | 4.8yrs | US$211.43k | 0.099% $ 1.6m | |
| Independent Director | 9.4yrs | US$145.53k | 0.047% $ 776.0k | |
| Independent Director | 2.8yrs | US$126.78k | 0.0091% $ 150.0k | |
| Independent Director | 14.8yrs | US$159.03k | 0.076% $ 1.2m | |
| Independent Director | 12.8yrs | US$150.34k | 0.033% $ 546.0k | |
| Independent Vice Chairman of the Board | 9.8yrs | US$159.29k | 0.13% $ 2.1m | |
| Independent Chairman | 11.8yrs | US$200.02k | 0.025% $ 407.3k | |
| Independent Director | 8.8yrs | US$136.36k | 0.049% $ 802.3k | |
| Independent Director | 4.8yrs | US$137.37k | 0.020% $ 327.5k | |
| Independent Director | 1.7yrs | US$89.52k | 0.0033% $ 53.9k |
6.8yrs
Average Tenure
61.5yo
Average Age
Experienced Board: NWBI's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 22:41 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Northwest Bancshares, Inc. is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Beury | Boenning & Scattergood, Inc. |
| Stephen Moss | B. Riley Securities, Inc. |
| Manuel Navas | D.A. Davidson & Co. |