Northwest Bancshares (NWBI)

• Market cap: $1.68B
• 1 day: 0.08%
• 5 days: -0.53%
• 1 month: -1.71%
• 3 months: -0.83%
• 6 months: -4.00%
• Year to date: 1.77%
• 1 year: 3.05%
• 5 years: -18.43%
• 10 years: 8.38%
• Sector: Financials
• Industry: National Commercial Banks

About: Northwest Bancshares Inc is a stockholding company for Northwest Bank. Northwest Bank is a stock savings bank and a community-oriented financial institution offering personal and banking business solutions, investment management, trust services and insurance products. It also offers consumer finance loans through a wholly-owned subsidiary. The bank's loan portfolio segment consists of personal banking and business banking loans. Personal banking includes residential mortgages, home equity loans, and other consumer loans. Business banking loans consist of commercial real estate loans and commercial loans. Net interest income is the company's primary contributor to revenue.

Employees: 2,165

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

816% more call options, than puts

Call options by funds: $2.43M | Put options by funds: $265K

69% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 16

15% more capital invested

Capital invested by funds: $983M [Q2] → $1.13B (+$143M) [Q3]

4% more funds holding

Funds holding: 218 [Q2] → 227 (+9) [Q3]

0.78% less ownership

Funds ownership: 66.81% [Q2] → 66.03% (-0.78%) [Q3]

1% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 77

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $15 14% upside
• Avg. target: $15 14% upside
• High target: $15 14% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Keefe, Bruyette & Woods Timothy Switzer 85% 1-year accuracy 17 / 20 met price target

14% upside $15

Market Perform Maintained

4 Dec 2024