Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
07 November 1994Website:
http://www.northwest.bankNext earnings report:
24 July 2024Last dividends:
01 May 2024Next dividends:
N/APrice
after hours | Fri, 21 Jun 2024 20:16:20 GMTAnalysts recommendations
Institutional Ownership
NWBI Latest News
Look beyond analysts' expectations for Northwest Bancshares (NWBI) and consider projections for important metrics to get a clearer picture of the company's performance in the first quarter of 2024.
After losing some value lately, a hammer chart pattern has been formed for Northwest Bancshares (NWBI), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Northwest Bancshares (NWBI) came out with quarterly earnings of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.30 per share a year ago.
The headline numbers for Northwest Bancshares (NWBI) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Northwest Bancshares (NWBI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Northwest Bancshares (NWBI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The headline numbers for Northwest Bancshares (NWBI) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Northwest Bancshares is a potential opportunity for value-oriented investors after experiencing a significant decline in share price. The bank offers a wide range of services and has been successful in growing its loan portfolio. Deposits have been steadily increasing, and the bank has managed to keep revenue and profits up despite some fluctuations.
Investors need to pay close attention to Northwest Bancshares (NWBI) stock based on the movements in the options market lately.
Northwest Bancshares Inc's share price dropped almost 40% after news of liquidity issues at First Republic Bank. Despite a dividend yield of over 6%, the current price is not a good enough deal for investors. The company's fundamentals are solid, with steady growth in gross loans and net income, but the recent report highlighted the impact of shifting company strategies.
What type of business is Northwest Bancshares?
Northwest Bancshares, Inc. operates as the holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans and loans collateralized by multi-family residential and commercial real estate; commercial business loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by deposit accounts. The company also offers investment management and trust services. As of December 31, 2021, it operated 170 community-banking locations in Pennsylvania, Western New York, Eastern Ohio, and Indiana. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.
What sector is Northwest Bancshares in?
Northwest Bancshares is in the Financial Services sector
What industry is Northwest Bancshares in?
Northwest Bancshares is in the Banks - Regional industry
What country is Northwest Bancshares from?
Northwest Bancshares is headquartered in United States
When did Northwest Bancshares go public?
Northwest Bancshares initial public offering (IPO) was on 07 November 1994
What is Northwest Bancshares website?
https://www.northwest.bank
Is Northwest Bancshares in the S&P 500?
No, Northwest Bancshares is not included in the S&P 500 index
Is Northwest Bancshares in the NASDAQ 100?
No, Northwest Bancshares is not included in the NASDAQ 100 index
Is Northwest Bancshares in the Dow Jones?
No, Northwest Bancshares is not included in the Dow Jones index
When does Northwest Bancshares report earnings?
The next expected earnings date for Northwest Bancshares is 24 July 2024