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Northwest Bancshares, Inc.
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NASDAQ: NWBI Financials Bank 🔎 Screen
🏹 Trader: 🎯 Near 52W High | BRS 69 Forming View all →
$2.0B
Market Cap
13.0
P/E
2.18
PEG
—
ROCE
7.2%
ROE
0.41
D/E
—
OPM
-7.2%
% from 52W High
71
α RS
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🌏 Global Investor Returns
Currency-adjusted total returns for NWBI including FX impact
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📈 Price History
Ratio Health
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About

Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and commercial banking solutions in Pennsylvania, New York, Ohio, and Indiana in the United States. 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, as well as commercial business loans; residential mortgage loans; home equity loans and lines of credit; commercial real estate loans; commercial loans and financing solutions; and other consumer loans, including auto refinance loans, indirect automobile and recreational loans, unsecured personal loans, credit card loans, and loans secured by investment accounts. In addition, the company offers investment and cash management; estate and trust services; digital and online banking; certificates of deposit; credit cards; student and small business loans; private banking, planning, and investments; retirement plans; liquidity management for commercial checking and savings; treasury and wealth management; insurance; employee benefit plans; and financial planning services. It serves individuals, businesses, and charitable institutions. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.

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⭐ Superinvestors Holding NWBI
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 99.2K $1.3M 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
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📊 MIXED Northwest Bancshares posts record Q1 net income of $51M with 28% C&I loan growth.
Revenue & Profitability
First quarter 2026 net income was a record $51 million, with GAAP EPS of $0.34 and adjusted EPS of $0.35. Net interest income grew 0.2% quarter-over-quarter and 11.5% year-over-year. Total revenue was $175.1 million, up 12.1% year-over-year. Pre-tax pre-provision net revenue reached $71.7 million, a 1.5% increase from the prior quarter. Return on average assets (ROAA) was 1.22% and return on tangible common equity (ROTCE) was 14.6%.
Outlook
Management maintained full-year 2026 guidance, expecting low-to-mid single-digit loan growth and stable net interest margin around the low 370s. They noted significant macro uncertainty from oil prices, geopolitical tensions, interest rate expectations, and Federal Reserve policy. Despite these headwinds, the company remains focused on organic growth and does not foresee major changes in the competitive environment for deposits.
Growth Drivers
Key growth levers include continued expansion of C&I lending (28% year-over-year growth), scaling of nationwide specialty verticals, and the opening of five new financial centers in Columbus, Ohio in 2026. SBA lending (ranked among top 50 U.S. originators in 2025) and wealth management are also contributing to revenue diversification. Management is focused on capturing additional market share in core markets through cross-selling and relationship deepening.
Balance Sheet & CapEx
Not discussed in this earnings call.
Margins
Net interest margin improved to 3.70% in Q1 2026, up 1 basis point quarter-over-quarter. The adjusted efficiency ratio improved to 57.8%, a 170 bps sequential improvement, reflecting expense discipline and full realization of cost saves from the Penns Woods acquisition. Management expects stable NIM through 2026 and will maintain positive operating leverage by keeping expense growth aligned with revenue growth.
Key Risks
Risks mentioned include macroeconomic uncertainty (oil prices, war, interest rate volatility, Fed policy) and potential credit deterioration: classified loans increased in Q1 due to two C&I borrowers, but management does not expect higher charge-offs. Interest rate sensitivity remains slightly asset-sensitive. The highly competitive deposit market could pressure margins if competition intensifies.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-28
Record net income and EPS were achieved in Q2 2026, driven by strong C&I loan growth, improved net interest margin, and disciplined expense management. The Penns Woods acquisition integration is ahead of schedule, and expansion in Columbus is underway. Guidance for 2026 remains positive.
Q1 2026 Q1 2026 2026-04-28
Record Q1 2026 net income and strong C&I loan growth drove improved margins and returns, with disciplined expense management and stable credit quality. Guidance for 2026 is maintained, with continued focus on organic growth, deposit strength, and prudent capital allocation.
Q4 2025 Q4 2025 2026-01-27
Record 2025 revenue and double-digit EPS growth were driven by a major acquisition and strong loan growth, with Q4 showing improved margins and efficiency. 2026 guidance calls for continued organic growth, stable credit, and full realization of merger cost savings.
Q3 2025 Q3 2025 2025-10-28
Record revenue and strong loan growth followed the Penns Woods merger, with improved margins, stable credit quality, and robust capital and liquidity. Expansion into new markets and specialty verticals is driving future growth, with guidance reaffirmed for Q4 2025.
Q2 2025 Q2 2025 2025-07-30
Second quarter results showed strong revenue and earnings growth, driven by improved net interest margin, disciplined expense control, and successful integration of the Penns Woods merger. Commercial and consumer loan growth continued, while credit quality and deposit costs remained favorable.
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This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
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Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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