Northwest Bancshares, Inc. logo

NWBI

Northwest Bancshares, Inc.

$12.62

Earnings Summary

Revenue
$139.23Mn
Net Profits
$37.3Mn
Net Profit Margins
26.79%

Highlights

Revenue:

Northwest Bancshares, Inc.’s revenue jumped 9.46% since last year same period to $139.23Mn in the Q3 2022. On a quarterly growth basis, Northwest Bancshares, Inc. has generated 6.85% jump in its revenue since last 3-months.

Net Profits:

Northwest Bancshares, Inc.’s net profit jumped 6.39% since last year same period to $37.3Mn in the Q3 2022. On a quarterly growth basis, Northwest Bancshares, Inc. has generated 11.6% jump in its net profits since last 3-months.

Net Profit Margins:

Northwest Bancshares, Inc.’s net profit margin fell -2.81% since last year same period to 26.79% in the Q3 2022. On a quarterly growth basis, Northwest Bancshares, Inc. has generated 4.45% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
0.31
EPS Estimate Current Year
0.31

Highlights

EPS Estimate Current Quarter:

Northwest Bancshares, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.31 - a 6.9% 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 0.31.

Key Ratios

Key ratios of the Northwest Bancshares, Inc. post its Q4 2022 earnings

Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
0.2

Highlights

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 0.09.

Dividend Per Share (DPS):

Northwest Bancshares, Inc. declared 0.2 dividend per share during the earnings announcement for Q4 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2015-11-09
0.17
0.13
-23.53%
2016-02-29
0.19
0.16
-15.79%

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
3 Easton Oval, Columbus, OH, United States, 43219
Employees
2088
Industry
Finance
CEO
Louis J. Torchio