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Northwest Bancshares Inc (NWBI)

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10.82 -0.07    -0.64%
26/04 - Closed. Currency in USD ( Disclaimer )
After Hours
10.82
0.00
0.00%
16:13:44 - Real-time Data
Type:  Equity
Market:  United States
  • Volume: 492,644
  • Bid/Ask: 10.75 / 10.92
  • Day's Range: 10.81 - 10.98
Northwest Bancshares 10.82 -0.07 -0.64%

Northwest Bancshares Inc Company Profile

 
Get an in-depth profile of Northwest Bancshares Inc, including a general overview of the company's business and key management, as well as employee data and location and contact information.
IndustryBanking Services
SectorFinancials
Employees

2098

Equity Type

ORD

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.

Contact Information

Address 3 Easton Oval Suite 500
Columbus, 43219
United States
Phone 814 726 2140
Fax -

Top Executives

Name Age Since Title
John Patrick Meegan 63 2010 Independent Director
Louis J. Torchio 60 2018 President, CEO & Director
Timothy M. Hunter 59 2015 Independent Director
Timothy B. Fannin 68 2013 Independent Chairman
Deborah J. Chadsey 65 2012 Independent Director
Pablo A. Vegas 50 2022 Independent Director
Amber Lee Williams - 2023 Independent Director
David M. Tullio 58 2020 Independent Director
Mark A. Paup 58 2016 Independent Director
Robert M. Campana 64 2015 Independent Director
Wilbur R. Davis 69 2020 Independent Director
William W. Harvey 58 2018 Senior EVP, COO & Director
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NWBI Comments

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Daniel Berman
Daniel Berman Nov 13, 2023 9:29PM ET
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Selling belie book and paying 7.5% Dividend. Granted not wowwing anyone but a regional bank stuck in mud. Not overtly overlevrraged so if they run into a large office loan coming due in next year or similar hiden bomb that all finacial institutions are painted ,this disaster brush and too many office loans would scare me away. But not highlighted by any specialist nor Analyst who follow NWBI. The negative is no optimism is ringing either. Hence yield of 7.5% from a Regional Bank with EPS upward tevidions predicte by 6 analyst. I buy watch and hope to avoid the commercial loan bomb before Fed can lower rate. Office bildings scare me but so do Malls and most strip centers and Big Box Stores outside of the quality we al know:WMT, COST,HD,LOW & strong grocey anchors. Even if the bomb is avoided these ats are all worth les then they were. When these loans cone due the tenant is king amd rents will be reduced nationwide as anyone can move anywhere. It not matter where or what & NYC ,SF R ?
 
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