Northwest Bancshares, Inc.

NasdaqGS:NWBI Stock Report

Market Cap: US$1.7b

Northwest Bancshares Valuation

Is NWBI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NWBI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NWBI ($13.35) is trading below our estimate of fair value ($18.73)

Significantly Below Fair Value: NWBI is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NWBI?

Key metric: As NWBI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NWBI. This is calculated by dividing NWBI's market cap by their current earnings.
What is NWBI's PE Ratio?
PE Ratio17.6x
EarningsUS$96.38m
Market CapUS$1.70b

Price to Earnings Ratio vs Peers

How does NWBI's PE Ratio compare to its peers?

The above table shows the PE ratio for NWBI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.7x
LOB Live Oak Bancshares
21.1x31.4%US$1.8b
CUBI Customers Bancorp
7.4x6.6%US$1.5b
LKFN Lakeland Financial
17.8x0.03%US$1.8b
MCHB Mechanics Bank
8.4xn/aUS$1.7b
NWBI Northwest Bancshares
17.6x31.5%US$1.7b

Price-To-Earnings vs Peers: NWBI is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (13.7x).

Price to Earnings Ratio vs Industry

How does NWBI's PE Ratio compare vs other companies in the US Banks Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRCB First Republic Bank
0.02xn/aUS$27.98m
BKGM BankGuam Holding
1xn/aUS$18.48m
SBNY Signature Bank
0.002xn/aUS$2.18m
BCBH.F Caribbean Investment Holdings
0.00001xn/aUS$132.00
No more companies available in this PE range
NWBI 17.6xIndustry Avg. 12.4xNo. of Companies83PE0612182430+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NWBI is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the US Banks industry average (12.4x).

Price to Earnings Ratio vs Fair Ratio

What is NWBI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NWBI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.6x
Fair PE Ratio19.3x

Price-To-Earnings vs Fair Ratio: NWBI is good value based on its Price-To-Earnings Ratio (17.6x) compared to the estimated Fair Price-To-Earnings Ratio (19.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NWBI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$13.35
US$14.38
+7.7%
2.9%US$15.00US$14.00n/a4
Dec ’25US$14.68
US$13.90
-5.3%
7.3%US$15.00US$12.00n/a5
Nov ’25US$13.31
US$13.30
-0.08%
8.1%US$15.00US$12.00n/a5
Oct ’25US$12.98
US$13.00
+0.2%
10.9%US$15.00US$11.00n/a5
Sep ’25US$13.85
US$12.80
-7.6%
10.4%US$15.00US$11.00n/a5
Aug ’25US$13.63
US$12.40
-9.0%
12.1%US$15.00US$11.00n/a5
Jul ’25US$11.48
US$11.40
-0.7%
7.0%US$12.00US$10.00n/a5
Jun ’25US$10.95
US$11.40
+4.1%
7.0%US$12.00US$10.00n/a5
May ’25US$10.67
US$11.40
+6.8%
7.0%US$12.00US$10.00n/a5
Apr ’25US$11.40
US$12.30
+7.9%
6.1%US$13.00US$11.00n/a5
Mar ’25US$11.35
US$12.30
+8.4%
6.1%US$13.00US$11.00n/a5
Feb ’25US$12.10
US$12.30
+1.7%
6.1%US$13.00US$11.00n/a5
Jan ’25US$12.48
US$11.50
-7.9%
5.5%US$12.50US$11.00n/a5
Dec ’24US$11.52
US$10.80
-6.3%
9.1%US$12.00US$9.00US$14.685
Nov ’24US$10.26
US$10.80
+5.3%
9.1%US$12.00US$9.00US$13.315
Oct ’24US$10.23
US$11.40
+11.4%
11.9%US$13.00US$9.00US$12.985
Sep ’24US$11.26
US$11.40
+1.2%
11.9%US$13.00US$9.00US$13.855
Aug ’24US$12.19
US$11.40
-6.5%
11.9%US$13.00US$9.00US$13.635
Jul ’24US$10.60
US$11.40
+7.5%
11.9%US$13.00US$9.00US$11.485
Jun ’24US$10.77
US$11.80
+9.6%
8.3%US$13.00US$10.00US$10.955
May ’24US$11.33
US$12.10
+6.8%
9.9%US$13.50US$10.00US$10.675
Apr ’24US$12.03
US$13.50
+12.2%
10.5%US$15.00US$11.00US$11.405
Mar ’24US$13.74
US$13.90
+1.2%
5.8%US$15.00US$13.00US$11.355
Feb ’24US$14.14
US$13.90
-1.7%
5.8%US$15.00US$13.00US$12.105
Jan ’24US$13.98
US$13.90
-0.6%
5.8%US$15.00US$13.00US$12.485
Dec ’23US$15.11
US$13.70
-9.3%
7.9%US$15.00US$12.00US$11.525

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:37
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Northwest Bancshares, Inc. is covered by 16 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.

AnalystInstitution
James BeuryBoenning & Scattergood, Inc.
Stephen MossB. Riley Securities, Inc.
null nullD.A. Davidson & Co.