Northwest Bancshares, Inc.
Description
Northwest Bancshares, Inc. operates as the bank 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, shorter term consumer loans, and loans collateralized by multi-family residential and commercial real estate; home equity loans and lines of credit; commercial business and real estate loans; commercial loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by investment accounts, as well as investment management and trust services. The company operates 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.
About
CEO
Mr. Louis J. Torchio
Employees
1,975
Instrument type
Common Stock
Sector
Financial Services
Industry
Banks - Regional
MIC code
XNGS
Address
3 Easton Oval, Columbus, OH 43219, United States
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Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 22, 2026 | — | — | — | — |
| Oct 27, 2025 | — | — | — | — |
| Jul 21, 2025 | — | — | — | — |
| Apr 21, 2025 | — | — | — | — |
| Jan 24, 2025 | 0.25 | 0.27 | 0.02 | 8.00% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 5 | 5 | 6 | 6 |
| Average estimate | 0.25 | 0.25 | 1.07 | 1.32 |
| Low estimate | 0.23 | 0.23 | 1.02 | 1.28 |
| High estimate | 0.27 | 0.27 | 1.10 | 1.36 |
| Last year EPS | 0.23 | 0.27 | 1.04 | 1.07 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
6.960%
Next qtr. (Jun 2025)
-8.890%
Current year (Dec 2025)
2.720%
Next year (Dec 2026)
23.560%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 547.81M | 529.72M | 506.89M | 520.72M | 457.31M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 214.41M | 202.23M | 207.10M | 206.57M | 184.90M |
| Other operating expenses | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | 175.08M | 173.69M | 201.12M | 92.53M | 141.11M |
| Tax provision | 40.12M | 40.03M | 46.80M | 17.67M | 30.68M |
| Net income | 134.96M | 133.67M | 154.32M | 74.85M | 110.43M |
| Basic EPS | 1.06 | 1.05 | 1.22 | 0.62 | 1.05 |
| Diluted EPS | 1.06 | 1.05 | 1.21 | 0.62 | 1.04 |
| Basic average shares | 127.32M | 127.30M | 126.49M | 120.24M | 104.88M |
| Diluted average shares | 127.32M | 127.30M | 126.49M | 120.24M | 104.88M |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | 134.96M | 133.67M | 154.32M | 74.85M | 110.43M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | 339,000 | 585,000 | 1.01M | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 122.26M | 139.37M | 1.28B | 736.28M | 60.85M |
| Other short term investments | 1.04B | 1.22B | 1.55B | 1.40B | 819.90M |
| Accounts receivable | 47.35M | 35.53M | 25.60M | 35.55M | 25.76M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | 23.91M | 24.37M | 25.45M | 26.88M | 22.19M |
| Machinery furniture equipment | 133.51M | 138.59M | 138.24M | 134.82M | 124.22M |
| Construction in progress | — | — | — | — | — |
| Leases | 23.55M | 23.56M | 20.29M | 18.85M | 20.77M |
| Accumulated depreciation | -182.57M | -179.79M | -180.11M | -173.45M | -174.31M |
| Goodwill | 767.28M | 770.55M | 774.83M | 784.49M | 715.28M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 5.29M | 8.56M | 12.84M | 19.94M | 23.08M |
| Investments and advances | 1.86B | 2.10B | 2.32B | 1.58B | 837.94M |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | 13.67M | 3.23M | 1.80M | 2.05M | 1.14M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | 398.90M | 681.17M | 139.09M | 137.66M | 92.74M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 243.76M | 243.15M | 252.63M | 274.18M | 275.40M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | 24.10M | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 1.27M | 1.27M | 1.27M | 1.27M | 1.07M |
| Retained earnings | 674.69M | 641.73M | 609.53M | 555.48M | 583.41M |
| Other shareholders equity | -149.49M | -171.16M | -37.63M | -33.55M | -36.94M |
| Total shareholders equity | 1.55B | 1.49B | 1.58B | 1.54B | 1.35B |
| Additional paid in capital | 1.02B | 1.02B | 1.01B | 1.02B | 805.75M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||
| Net Income | 134.96M | 133.67M | 154.32M | 74.85M | 110.43M | 105.49M | 94.47M | 49.67M | 60.54M | 61.96M | 66.56M | 63.39M | 64.15M | 57.52M | 32.65M | 48.17M | 49.10M | 51.54M | 55.80M | 42.65M | 26.06M | 35.88M | 26.78M | 27.20M | 20.04M | 21.32M | 13.70M | 17.50M | 16.30M |
| Depreciation | 24.50M | 6.45M | 6.63M | 4.74M | 3.82M | 8.12M | 14.29M | 15.42M | 8.96M | 9.87M | 8.95M | 9.47M | 7.79M | 14.77M | 15.35M | 18.39M | 10.18M | 9.49M | 12.00M | 20.16M | 11.01M | 13.20M | 12.82M | 9.83M | 6.00M | 4.10M | 800,000 | -100,000 | 200,000 |
| Deferred Taxes | -4.92M | -5.50M | 12.31M | -8.08M | 2.78M | -2.77M | 11.32M | 2.73M | 6.29M | 8.60M | 1.26M | 3.17M | 7.75M | 431,000 | -8.76M | -6.48M | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | 4.58M | 4.07M | 4.74M | 4.24M | 6.85M | 7.02M | 4.89M | 10.92M | 5.57M | 5.71M | 5.08M | 4.62M | 6.73M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 4.12M | 17.50M | 31.74M | -51.08M | -6.05M | 3.20M | 7.05M | 14.74M | 10,000 | 273,000 | 15.78M | -12.18M | 10.35M | -52.02M | 12.82M | — | 13.10M | 13.90M | 10.06M | 14.93M | 25.22M | 694,000 | 2.09M | 4.35M | 6.16M | 4.68M | 3.60M | 3.30M | 2.40M |
| Accounts Receivable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -96.04M | -13.98M | 26.19M | 30.92M | -12.08M | -7.56M | 14.60M | 29.56M | 18.97M | -13.62M | 14.95M | 29.94M | -17.43M | 5.82M | -37.69M | 1.99M | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating Cash Flow | 67.19M | 142.21M | 235.94M | 55.59M | 105.75M | 113.51M | 146.61M | 123.05M | 100.34M | 72.79M | 112.58M | 98.41M | 79.33M | 26.53M | 14.37M | 62.07M | 72.37M | 74.93M | 77.87M | 77.74M | 62.29M | 49.77M | 41.69M | 41.39M | 32.20M | 30.10M | 18.10M | 20.70M | 18.90M |
| Investing Activities | |||||||||||||||||||||||||||||
| Capital Expenditures | -8.56M | -4.32M | -17.52M | -12.25M | -10.90M | -5.23M | -3.72M | -15.23M | -13.22M | -9.97M | -19.37M | -18.26M | -12.43M | -15.94M | -20.63M | -15.66M | -6.20M | -6.23M | -20.37M | -22.85M | -12.43M | -13.18M | -8.17M | -8.28M | -7.80M | -4.30M | -18.60M | -3.90M | -3.20M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | 28.24M | 261.71M | -28.78M | — | — | 1.10B | -61.11M | -2.79M | — | -4.09M | — | — | 8.67M | — | -25.15M | -2.61M | — | -21.91M | 167.22M | 53.44M | 59.68M | 203.32M | — | — | — | — | — |
| Purchase of Investments | -23.50M | -315.07M | -1.36B | -995.12M | -200.20M | -228.18M | -241.91M | -238.67M | -59.98M | -50.00M | -234.97M | -508.55M | -237.06M | -782.57M | -222.91M | -489.62M | -49.10M | -483.35M | -420.26M | -945.45M | -1.24B | -339.65M | -185.14M | -125.54M | -199.70M | -168.70M | -31.00M | -100.30M | -96.30M |
| Sale of Investments | 270.24M | 330.43M | 577.45M | 397.37M | 278.18M | 222.46M | 256.80M | 292.27M | 353.79M | 187.59M | 304.83M | 417.54M | 423.36M | 538.83M | 320.15M | 432.54M | 458.56M | 259.52M | 511.65M | 1.45B | 723.76M | 243.82M | 93.43M | 66.01M | 639.20M | 99.10M | 42.50M | 444.30M | 274.80M |
| Investing Cash Flow | 264.21M | -7.89M | -761.24M | -339.33M | 47.09M | -5.21M | 16.04M | 1.18B | 230.28M | 146.08M | 72.47M | -96.75M | 195.64M | -258.55M | 93.33M | -65.40M | 122.97M | 32.41M | -276.26M | 97.25M | -445.14M | -246.54M | -302.18M | -79.61M | -240.70M | -265.30M | -148.90M | -213.50M | -170.70M |
| Financing Activities | |||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | 123.21M | — | — | — | — | 135.00M | — | 30.00M | — | — | — | — | 645.00M | — | — | — | — | 180.00M | 1.04M | 116.96M | 37.11M | 101.30M | 136.60M | 63.10M | 834.20M | 38.30M |
| Long-Term Debt Payments | — | -10.09M | -22.11M | -206.91M | — | — | — | -774.86M | -180.67M | -52,000 | -68,000 | -69,000 | -50.07M | -6.03M | -175.58M | -84.27M | -75.18M | -149.82M | -35.06M | -251.06M | -40.78M | -17.29M | -31.22M | -33.61M | -87.40M | -70.50M | -75.30M | -729.00M | -16.40M |
| Other Financing Charges | -2.36M | 3.03M | -648,000 | -1.32M | 1.24M | 2.47M | 3.95M | 1.29M | 3.31M | 4.78M | 3.98M | 157,000 | 703,000 | 834,000 | -4.16M | 2.03M | 1.48M | -2.14M | 1.16M | 2.99M | 1.56M | 98.23M | — | 3.60M | 3.50M | 2.30M | 600,000 | 100,000 | -200,000 |
| Financing Cash Flow | -386.30M | 433.54M | -145.45M | -296.10M | -62.99M | 58.70M | -95.93M | -917.25M | -41.76M | -143.96M | -24.75M | -76.61M | -279.00M | -41.56M | 320.62M | 712.14M | -80.06M | -141.67M | -56.89M | -257.36M | 148.92M | 78.38M | 27.96M | -112.95M | 53.50M | 61.10M | -300,000 | 96.30M | 20.80M |
| Other Cash Details | |||||||||||||||||||||||||||||
| End Cash Position | 122.26M | 139.37M | 1.28B | 736.28M | 60.85M | 68.79M | 77.71M | 389.87M | 167.41M | 240.71M | 391.91M | 451.70M | 688.30M | 719.11M | 1.11B | 79.92M | 230.62M | 154.33M | 135.89M | 391.72M | 540.83M | 217.75M | 95.97M | 90.77M | 84.30M | 59.40M | 71.50M | — | — |
| Income Tax Paid | 48.00M | 39.37M | 33.58M | 29.77M | 29.28M | 25.85M | 32.27M | 9.71M | 16.72M | 26.04M | 22.88M | 14.28M | 23.92M | 19.72M | 20.83M | 22.54M | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 141.80M | 26.69M | 27.50M | 41.43M | 54.28M | 36.86M | 28.25M | 39.65M | 55.27M | 56.54M | 61.16M | 75.42M | 93.41M | 115.70M | 136.51M | 168.46M | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 84.33M | 171.11M | 187.94M | 128.18M | 116.56M | 133.68M | 148.08M | 120.49M | 99.98M | 80.60M | 110.84M | 108.80M | 106.27M | 54.40M | 57.99M | 55.71M | 57.40M | 57.52M | 59.78M | 52.12M | 45.33M | 33.11M | 30.46M | 38.78M | 11.70M | 21.40M | 1.60M | 17.40M | 15.20M |
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