Northwest Bancshares, Inc. (NWBI)
Northwest Bancshares, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Columbus, OH, US. The stock last traded at $15.74, up 0.74% on the session, giving a market capitalisation of $2.31B. On trailing twelve-month figures it carries a trailing P/E of 14.96, a net margin of 18.1%. Its beta of 0.67 implies it has historically moved less than the broad market.
Northwest Bancshares, Inc. serves as the parent company for Northwest Bank, a state-chartered savings institution offering a full spectrum of banking solutions for both personal and business customers. Its deposit products encompass checking, savings, money market, time deposit certificates, and individual retirement accounts. The bank also provides a broad array of loan options, including mortgages for one-to-four-family homes, financing secured by multi-family and commercial real estate, commercial business credit, and various consumer loans such as auto loans, sales finance agreements, unsecured personal loans, credit cards, and loans collateralized by deposit accounts. Beyond traditional banking, the company furnishes investment management and trust services. Founded in 1896, Northwest Bancshares, Inc. is headquartered in Columbus, Ohio. As of December 31, 2021, it operated 170 community banking locations throughout Pennsylvania, Western New York, Eastern Ohio, and Indiana.
Northwest Bancshares, Inc. is most often compared with the following Financial Services names: