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NWBI

Northwest Bancshares Inc

$15.18

Earnings Summary

Revenue
$130.31Mn
Net Profits
$33.43Mn
Net Profit Margins
25.65%
PE Ratio
15.14

Highlights

Revenue:

Northwest Bancshares Inc’s revenue jumped 4.41% since last year same period to $130.31Mn in the Q2 2022. On a quarterly growth basis, Northwest Bancshares Inc has generated 12.49% jump in its revenue since last 3-months.

Net Profits:

Northwest Bancshares Inc’s net profit fell -31.74% since last year same period to $33.43Mn in the Q2 2022. On a quarterly growth basis, Northwest Bancshares Inc has generated 18.17% jump in its net profits since last 3-months.

Net Profit Margins:

Northwest Bancshares Inc’s net profit margin fell -34.62% since last year same period to 25.65% in the Q2 2022. On a quarterly growth basis, Northwest Bancshares Inc has generated 5.05% jump in its net profit margins since last 3-months.

PE Ratio:

Northwest Bancshares Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 15.14.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Northwest Bancshares Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.28
EPS Estimate Current Year
0.28

Highlights

EPS Estimate Current Quarter:

Northwest Bancshares Inc’s earning per share (EPS) estimates for the current quarter stand at 0.28 - a 27.27% jump from last quarter’s estimates.

EPS Estimate Current Year:

Northwest Bancshares Inc’s earning per share (EPS) estimates for the current year stand at 0.28.

Key Ratios

Key ratios of the Northwest Bancshares Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.26
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.08
Dividend Per Share (DPS)
0.8

Highlights

Earning Per Share (EPS):

Northwest Bancshares Inc’s earning per share (EPS) jumped 13.04% since last year same period to 0.26 in the Q2 2022. This indicates that the Northwest Bancshares Inc has generated 13.04% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Northwest Bancshares Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Northwest Bancshares Inc’s return on equity (ROE) stands at 0.08.

Dividend Per Share (DPS):

Northwest Bancshares Inc declared 0.8 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-06
0.2
0.22
10%
2022-06-30
0.22
0.26
18.18%

Company Information

Headquartered in Warren, Pennsylvania, Northwest Bancshares, Inc. is the holding company of Northwest Bank. Founded in 1896, Northwest Bank is a full-service financial institution offering a complete line of business and personal banking products, employee benefits and wealth management services, as well as the fulfillment of business and personal insurance needs. As of September 30, 2020, Northwest operated 205 full-service community banking offices and eight free standing drive-through facilities in Pennsylvania, New York, Ohio and Indiana.

Organisation
Northwest Bancshares Inc
Headquarters
, MINNESOTA
Employees
2.42K
Industry
Finance