Company
Northwest Bancshares, Inc.
Headquarters: Warren, PA, United States
Founded: 1896
Employees: 2,251
CEO: Mr. Ronald J. Seiffert
Market Cap
$1.68 Billion
USD as of Jan. 1, 2025
Northwest Bancshares, Inc. Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
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Sector:
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Detailed Description
Northwest Bancshares, Inc. operates as the 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 and loans collateralized by multi-family residential and commercial real estate; commercial business loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by deposit accounts. The company also offers investment management and trust services. As of December 31, 2021, it operated 170 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.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | $487.9 M |
| EBITDA | $0 |
| Gross Profit TTM | $487.9 M |
| Profit Margin | 19.79% |
| Operating Margin | 34.94% |
| Quarterly Revenue Growth | -2.90% |
Stocks & Indices
Northwest Bancshares, Inc. has the following listings and related stock indices.
Stock: NASDAQ: NWBI wb_incandescent
Stock: FSX: NHS wb_incandescent
Key People
Ronald J. Seiffert, President & CEO William W. Harvey, Jr., CFO