Northwest Bancshares, Inc. - Understand $nwbi stock

$NWBI Market Cap: $1.86 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$498.5M

TTM

Gross Margin

Net Earnings

$96.47M

TTM

Current Assets

Current Liabilities

$15.13M

Q3 2024

Current Ratio

Total Assets

$14.35B

Q3 2024

Total Liabilities

$12.76B

Q3 2024

Book Value

$1.591B

Q3 2024

Cash

$226.9M

Q3 2024

P/E

19.28

Nov 29, 2024 EST

Free Cash Flow

$240.8M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992
Revenue	$587.9M	$448.8M	$418.5M	$434.1M	$417.4M	$375.8M	$358.9M	$345.6M	$319.6M	$305.4M	$313.1M	$338.0M	$359.2M	$370.6M	$364.5M
YoY Change	31.0%	7.24%	-3.58%	4.0%	11.07%	4.72%	3.83%	8.15%	4.63%	-2.45%	-7.38%	-5.9%	-3.06%	1.68%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$587.9M	$448.8M	$418.5M	$434.1M	$417.4M	$375.8M	$358.9M	$345.6M	$319.6M	$305.4M	$313.1M	$338.0M	$359.2M	$370.6M	$364.5M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992
Selling, General & Admin	$22.40M	$22.41M	$22.01M	$23.42M	$21.13M	$22.57M	$25.95M	$23.75M	$20.84M	$19.92M	$20.74M	$21.05M	$22.80M	$23.74M	$22.10M
YoY Change	-0.06%	1.85%	-6.05%	10.85%	-6.39%	-13.01%	9.26%	13.99%	4.58%	-3.93%	-1.5%	-7.67%	-3.94%	7.42%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$11.50M	$11.60M	$12.10M	$11.90M	$11.70M	$12.10M	$12.40M	$13.70M	$13.30M	$12.00M	$11.90M	$11.50M	$11.70M	$12.60M	$17.20M	$16.20M	$14.60M	$10.80M	$9.200M	$12.50M	$10.00M	$5.900M	$12.80M	$9.800M	$6.000M	$4.100M	$3.300M	$2.200M	$1.600M	$1.500M	$1.600M	$1.200M
YoY Change	-0.86%	-4.13%	1.68%	1.71%	-3.31%	-2.42%	-9.49%	3.01%	10.83%	0.84%	3.48%	-1.71%	-7.14%	-26.74%	6.17%	10.96%	35.19%	17.39%	-26.4%	25.0%	69.49%	-53.91%	30.61%	63.33%	46.34%	24.24%	50.0%	37.5%	6.67%	-6.25%	33.33%
% of Gross Profit
Operating Expenses	$22.40M	$22.41M	$22.01M	$23.42M	$21.13M	$22.57M	$25.95M	$23.75M	$20.84M	$19.92M	$20.74M	$21.05M	$22.80M	$23.74M	$22.10M
YoY Change	-0.06%	1.85%	-6.05%	10.85%	-6.39%	-13.01%	9.26%	13.99%	4.58%	-3.93%	-1.5%	-7.67%	-3.94%	7.42%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$152.2M	$28.12M	$27.25M	$42.34M	$56.91M	$37.14M	$28.07M	$38.30M	$56.33M	$56.59M	$61.16M	$75.20M	$92.80M	$112.9M	$135.8M
YoY Change	441.45%	3.2%	-35.65%	-25.61%	53.24%	32.31%	-26.71%	-32.01%	-0.46%	-7.48%	-18.67%	-18.97%	-17.82%	-16.85%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992
Pretax Income	$175.1M	$173.7M	$201.1M	$92.53M	$141.1M	$133.9M	$135.9M	$71.32M	$88.50M	$83.76M	$92.76M	$89.93M	$91.01M	$81.05M	$39.65M	$65.10M	$66.60M	$71.30M	$77.60M	$62.00M	$42.60M	$54.50M	$39.50M	$41.10M	$31.00M	$34.10M	$22.10M	$28.30M	$26.50M	$27.20M	$22.80M	$14.40M
YoY Change	0.8%	-13.64%	117.37%	-34.43%	5.38%	-1.47%	90.58%	-19.42%	5.66%	-9.7%	3.15%	-1.19%	12.29%	104.39%	-39.09%	-2.25%	-6.59%	-8.12%	25.16%	45.54%	-21.83%	37.97%	-3.89%	32.58%	-9.09%	54.3%	-21.91%	6.79%	-2.57%	19.3%	58.33%
Income Tax	$40.12M	$40.03M	$46.80M	$17.67M	$30.68M	$28.42M	$41.44M	$21.65M	$27.96M	$21.80M	$26.20M	$26.37M	$26.86M	$23.52M	$7.000M	$17.00M	$17.50M	$19.80M	$22.70M	$19.80M	$16.90M	$16.60M	$12.70M	$13.90M	$10.90M	$13.00M	$8.500M	$10.80M	$10.20M	$11.20M	$8.800M	$5.800M
% Of Pretax Income	22.92%	23.04%	23.27%	19.1%	21.74%	21.22%	30.49%	30.36%	31.59%	26.02%	28.24%	29.32%	29.51%	29.02%	17.65%	26.11%	26.28%	27.77%	29.25%	31.94%	39.67%	30.46%	32.15%	33.82%	35.16%	38.12%	38.46%	38.16%	38.49%	41.18%	38.6%	40.28%
Net Earnings	$135.0M	$133.7M	$154.3M	$74.85M	$110.4M	$105.5M	$94.50M	$49.70M	$60.50M	$62.00M	$66.60M	$63.40M	$64.20M	$57.50M	$32.70M	$48.20M	$49.10M	$51.50M	$54.80M	$42.10M	$25.70M	$40.20M	$26.80M	$27.20M	$20.00M	$21.30M	$13.70M	$17.50M	$16.30M	$18.10M	$14.00M	$8.600M
YoY Change	0.97%	-13.39%	106.17%	-32.22%	4.67%	11.64%	90.14%	-17.85%	-2.42%	-6.91%	5.05%	-1.25%	11.65%	75.84%	-32.16%	-1.83%	-4.66%	-6.02%	30.17%	63.81%	-36.07%	50.0%	-1.47%	36.0%	-6.1%	55.47%	-21.71%	7.36%	-9.94%	29.29%	62.79%
Net Earnings / Revenue	22.95%	29.78%	36.87%	17.24%	26.46%	28.07%	26.33%	14.38%	18.93%	20.3%	21.27%	18.76%	17.87%	15.52%	8.97%
Basic Earnings Per Share	$1.06	$1.05	$1.22	$0.62	$1.05	$1.03	$0.94	$0.50	$0.64	$0.68	$0.73	$0.68	$0.64	$0.53	$0.30
Diluted Earnings Per Share	$1.06	$1.05	$1.21	$0.62	$1.04	$1.02	$0.92	$0.49	$0.64	$0.67	$0.73	$0.68	$0.64	$0.53	$0.30	$441.0K	$442.3K	$456.6K	$483.7K	$386.6K	$237.1K	$372.2K	$249.5K	$254.2K	$187.3K	$200.9K	$131.5K	$170.1K	$160.0K	$177.6K	$137.4K	$84.40K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$200.6M	$200.8M	$211.0M	$210.0M	$197.0M	$143.0M	$152.0M	$161.0M	$154.0M	$144.0M	$146.0M	$139.0M	$132.0M	$128.0M	$124.0M	$116.0M	$111.0M	$105.0M	$97.00M	$82.00M	$63.00M	$55.00M	$47.00M	$41.00M	$35.00M	$26.00M	$21.00M	$18.00M	$15.00M	$13.00M	$13.00M	$13.00M
YoY Change	-0.13%	-4.82%	0.48%	6.6%	37.76%	-5.92%	-5.59%	4.55%	6.94%	-1.37%	5.04%	5.3%	3.13%	3.23%	6.9%	4.5%	5.71%	8.25%	18.29%	30.16%	14.55%	17.02%	14.63%	17.14%	34.62%	23.81%	16.67%	20.0%	15.38%	0.0%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets							$0.00	$153.0M
YoY Change							-100.0%
Total Long-Term Assets
YoY Change
Total Assets	$14.42B	$14.11B	$14.50B	$13.81B	$10.49B	$9.608B	$9.364B	$9.624B	$8.952B	$7.775B	$7.880B	$7.943B	$7.958B	$8.148B	$8.025B	$6.930B	$6.664B	$6.528B	$6.477B	$6.343B	$5.222B	$4.306B	$3.853B	$3.407B	$3.079B	$2.563B	$2.091B	$1.878B	$1.592B	$1.430B	$1.292B	$1.292B
YoY Change
Accounts Payable	$13.67M	$3.231M	$2.000M	$2.000M	$1.000M	$1.000M	$0.00	$1.000M	$2.000M	$1.000M	$1.000M	$1.000M	$1.000M	$2.000M	$4.000M	$5.000M	$4.000M	$4.000M	$4.000M	$4.000M	$4.000M	$5.000M	$4.000M	$2.000M	$4.000M	$3.000M	$4.000M	$4.000M	$4.000M	$3.000M	$3.000M	$3.000M
YoY Change	323.06%	61.55%	0.0%	100.0%	0.0%		-100.0%	-50.0%	100.0%	0.0%	0.0%	0.0%	-50.0%	-50.0%	-20.0%	25.0%	0.0%	0.0%	0.0%	0.0%	-20.0%	25.0%	100.0%	-50.0%	33.33%	-25.0%	0.0%	0.0%	33.33%	0.0%	0.0%
Accrued Expenses	$64.72M	$57.74M	$58.00M	$52.00M	$52.00M
YoY Change	12.1%	-0.45%	11.54%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt											$156.0M	$165.0M	$132.0M	$146.0M	$115.0M	$96.00M	$82.00M	$61.00M	$40.00M	$32.00M	$36.00M	$36.00M	$24.00M	$31.00M	$38.00M	$32.00M	$58.00M	$59.00M	$212.0M	$103.0M	$71.00M	$54.00M
YoY Change											-5.45%	25.0%	-9.59%	26.96%	19.79%	17.07%	34.43%	52.5%	25.0%	-11.11%	0.0%	50.0%	-22.58%	-18.42%	18.75%	-44.83%	-1.69%	-72.17%	105.83%	45.07%	31.48%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$78.39M	$60.97M	$60.00M	$54.00M	$53.00M	$1.000M		$1.000M	$2.000M	$1.000M	$1.000M	$1.000M	$1.000M	$2.000M	$4.000M	$5.000M	$4.000M	$4.000M	$4.000M	$4.000M	$4.000M	$4.000M	$5.000M	$4.000M	$2.000M	$4.000M	$3.000M	$4.000M	$4.000M	$4.000M	$3.000M	$3.000M
YoY Change	28.58%	1.61%	11.11%	1.89%	5200.0%			-50.0%	100.0%	0.0%	0.0%	0.0%	-50.0%	-50.0%	-20.0%	25.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-20.0%	25.0%	100.0%	-50.0%	33.33%	-25.0%	0.0%	0.0%	33.33%	0.0%
Long-Term Debt	$642.7M	$924.3M	$392.0M	$412.0M	$368.0M	$346.0M	$219.0M	$254.0M	$1.086B	$991.0M	$103.0M	$103.0M	$103.0M	$103.0M	$103.0M	$108.0M	$108.0M	$103.0M	$205.0M	$102.0M	$99.00M	$99.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-30.47%	135.8%	-4.85%	11.96%	6.36%	57.99%	-13.78%	-76.61%	9.59%	862.14%	0.0%	0.0%	0.0%	0.0%	-4.63%	0.0%	4.85%	-49.76%	100.98%	3.03%	0.0%
Other Long-Term Liabilities	$166.8M	$172.0M	$166.0M	$202.0M	$127.0M	$110.0M	$109.0M	$316.0M	$88.00M	$88.00M	$70.00M	$62.00M	$67.00M	$57.00M	$57.00M	$71.00M	$32.00M	$34.00M	$12.00M	$16.00M	$12.00M	$11.00M	$10.00M	$8.000M	$10.00M	$12.00M	$11.00M	$9.000M	$10.00M	$7.000M	$5.000M	$5.000M
YoY Change	-3.0%	3.62%	-17.82%	59.06%	15.45%	0.92%	-65.51%	259.09%	0.0%	25.71%	12.9%	-7.46%	17.54%	0.0%	-19.72%	121.88%	-5.88%	183.33%	-25.0%	33.33%	9.09%	10.0%	25.0%	-20.0%	-16.67%	9.09%	22.22%	-10.0%	42.86%	40.0%	0.0%
Total Long-Term Liabilities	$809.5M	$1.096B	$558.0M	$614.0M	$495.0M	$456.0M	$328.0M	$570.0M	$1.174B	$1.079B	$173.0M	$165.0M	$170.0M	$160.0M	$160.0M	$179.0M	$140.0M	$137.0M	$217.0M	$118.0M	$111.0M	$110.0M	$10.00M	$8.000M	$10.00M	$12.00M	$11.00M	$9.000M	$10.00M	$7.000M	$5.000M	$5.000M
YoY Change	-26.16%	96.47%	-9.12%	24.04%	8.55%	39.02%	-42.46%	-51.45%	8.8%	523.7%	4.85%	-2.94%	6.25%	0.0%	-10.61%	27.86%	2.19%	-36.87%	83.9%	6.31%	0.91%	1000.0%	25.0%	-20.0%	-16.67%	9.09%	22.22%	-10.0%	42.86%	40.0%	0.0%
Total Liabilities	$12.87B	$12.62B	$12.92B	$12.27B	$9.141B	$8.350B	$8.156B	$8.453B	$7.789B	$6.712B	$6.725B	$6.814B	$6.803B	$6.841B	$6.709B	$6.316B	$6.051B	$5.923B	$5.892B	$5.793B	$4.865B	$3.989B	$3.577B	$3.159B	$2.845B	$2.345B	$1.893B	$1.687B	$1.413B	$1.328B	$1.208B	$1.208B
YoY Change	1.95%	-2.29%	5.3%	34.21%	9.47%	2.38%	-3.51%	8.52%	16.05%	-0.19%	-1.31%	0.16%	-0.56%	1.97%	6.22%	4.38%	2.16%	0.53%	1.71%	19.08%	21.96%	11.52%	13.23%	11.04%	21.32%	23.88%	12.21%	19.39%	6.4%	9.93%	0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	126.7M shares	126.2M shares	126.2M shares	120.2M shares	104.9M shares	102.1M shares	101.0M shares	99.44M shares	94.31M shares	91.54M shares	90.63M shares	93.91M shares	99.80M shares	108.3M shares
Diluted Shares Outstanding	127.0M shares	126.7M shares	127.0M shares	120.2M shares	105.8M shares	103.6M shares	102.6M shares	100.7M shares	94.83M shares	92.27M shares	91.47M shares	94.20M shares	100.2M shares	108.9M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.86 Billion

About Northwest Bancshares, Inc.

Northwest Bancshares, Inc. is a holding company, which engages in the provision of a complete line of business and personal banking products, as well as treasury management solutions, and wealth management services. The company is headquartered in Columbus, Ohio and currently employs 2,030 full-time employees. Northwest Bank is a Pennsylvania-chartered savings bank. The Bank is a community-oriented financial institution offering personal and business banking solutions, investment management and trust services. The Banks principal lending activities are the origination of loans secured by first mortgages on owner-occupied, one-to-four-family residences, shorter term consumer loans, and commercial business and commercial real estate loans. Its principal sources of funds for lending activities include deposits, borrowings, repayments on loans, cash flows from investment and mortgage-backed securities and income provided from operations. The company offers other consumer loans, such as direct and indirect automobile loans, sales finance loans, credit card loans, and others. The Bank has approximately 142 community-banking locations throughout its market area in Pennsylvania, western New York, eastern Ohio, and Indiana.

Industry: National Commercial Banks Peers: ENTERPRISE FINANCIAL SERVICES CORP FB Financial Corp HEARTLAND FINANCIAL USA INC NBT BANCORP INC RENASANT CORP PNC FINANCIAL SERVICES GROUP, INC. SANDY SPRING BANCORP INC SEACOAST BANKING CORP OF FLORIDA