NWBI Stock Analysis: Northwest Bancshares | NASDAQ

Deposits, Loans, Wealth Management, Treasury Management

Total Rating 43

Safety 38

Buy Signal -0.23

Banks - Regional
Industry Rotation: +6.1

Market Cap: 2.26B
Avg Turnover: 15.6M

Risk 3d forecast

Volatility25.4%

VaR 5^th Pctl3.85%

VaR vs Median-7.59%

Reward TTM

Sharpe Ratio1.13

Rel. Str. IBD74.5

Rel. Str. Peer Group71.3

Character TTM

Beta0.496

Beta Downside0.463

Hurst Exponent0.456

Drawdowns 3y

Max DD26.56%

CAGR/Max DD0.83

CAGR/Mean DD2.51

EPS (Earnings per Share)

EPS CAGR: 8.04%
EPS Trend: 74.4%

Last SUE: 1.01
Qual. Beats: 2

Revenue

Rev. CAGR: 10.83%
Rev. Trend: 95.7%

Last SUE: -0.51
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan +0.0% 7

Feb -0.1% 10

Mar -3.5% 20

Apr -2.1% 19

May +0.9% 11

Jun +1.7% 23

Jul +0.3% 19

Aug -1.6% 22

Sep -2.6% 45

Oct +0.0% 2

Nov +7.5% 46

Dec -0.6% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: NWBI Northwest Bancshares

Northwest Bancshares, Inc. (NWBI) is the holding company for Northwest Bank, a state-chartered savings bank headquartered in Columbus, Ohio. Founded in 1896 and publicly traded since 1994, the company provides personal and commercial banking products and services to individuals, businesses, and charitable institutions across Pennsylvania, New York, Ohio, and Indiana.

The companys core activities include accepting deposits (checking, savings, money market, CDs, and IRAs) and originating a diversified loan portfolio. Lending products span one-to-four-family residential mortgages, multi-family and commercial real estate loans, commercial business loans, home equity lines, consumer loans (auto, credit card, personal, and recreational), and indirect auto financing. Beyond traditional banking, NWBI generates fee-based revenue through wealth management, trust and estate services, treasury and cash management, insurance, retirement plan administration, and financial planning.

As a savings bank holding company, Northwest operates under a distinct charter that historically emphasizes residential mortgage lending and consumer deposit gathering, differing in regulatory focus from national commercial banks. The companys geographic concentration in the Mid-Atlantic and Midwest regions ties its performance closely to local economic conditions, including housing demand and small business activity in those markets.

Headlines to Watch Out For

Net interest margin compresses as deposit costs rise
Commercial real estate exposure raises credit loss provisions
Mortgage origination revenue declines amid elevated rates

Piotroski VR-10 (Strict) 3.0

Net Income: 153.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.00 > 1.0
NWC/Revenue: -1.69k% < 20% (prev -1.33k%; Δ -360.5% < -1%)
CFO/TA 0.01 > 3% & CFO 153.7m > Net Income 153.0m
Net Debt (-1.22b) to EBITDA (134.5m): -9.08 < 3
Current Ratio: 0.02 > 1.5 & < 3
Outstanding Shares: last quarter (147.1m) vs 12m ago 14.84% < -2%
Gross Margin: 66.26% > 18% (prev 68.30%; Δ -2.04% > 0.5%)
Asset Turnover: 5.32% > 50% (prev 5.65%; Δ -0.33% > 0%)
Interest Coverage Ratio: 0.57 > 6 (EBIT TTM 134.4m / Interest Expense TTM 236.6m)

Altman Z'' -5.11

A: -0.83 (Total Current Assets 306.0m - Total Current Liabilities 14.6b) / Total Assets 17.2b
B: 0.04 (Retained Earnings 734.4m / Total Assets 17.2b)
C: 0.01 (EBIT TTM 134.4m / Avg Total Assets 15.8b)
D: 0.13 (Book Value of Equity 1.93b / Total Liabilities 15.3b)
Altman-Z'' = -5.11 = D

Beneish M -2.76

DSRI: 1.19 (Receivables 57.5m/47.0m, Revenue 843.6m/818.9m)
GMI: 1.03 (GM 68.30% / 66.26%)
AQI: 1.10 (AQ_t 0.97 / AQ_t-1 0.89)
SGI: 1.03 (Revenue 843.6m / 818.9m)
TATA: -0.00 (NI 153.0m - CFO 153.7m) / TA 17.2b)
Beneish M = -2.76 (Cap -4..+1) = A

What is the price of NWBI shares?

As of September 27, 2026, the stock is trading at USD 15.31 with a total of 813,267 shares traded. Over the past week, the price has changed by -0.97%, over one month by +0.07%, over three months by +2.75% and over the past year by +30.31%.

Current recommended Stop Loss: 14.80 (which is 3.3% or 2 ATR below the current price).

Is NWBI a buy, sell or hold?

Northwest Bancshares has received a consensus analysts rating of 3.25. Therefore, it is recommended to hold NWBI.

StrongBuy: 1
Buy: 0
Hold: 7
Sell: 0
StrongSell: 0

What are the forecasts/targets for the NWBI price?

Analysts Target Price	16.6	8.2%

Northwest Bancshares (NWBI) - Fundamental Data Overview as of 20 September 2026

Market Cap USD = 2.26b (2.26b USD * 1.0 USD.USD)
P/E Trailing = 14.8654
P/E Forward = 13.4048
P/S = 3.4585
P/B = 1.1687
P/EG = 2.2949
Revenue TTM = 843.6m USD
EBIT TTM = 134.4m USD
EBITDA TTM = 134.5m USD
Long Term Debt = 310.3m USD (from longTermDebt, last quarter)
Short Term Debt = 320.1m USD (from shortTermDebt, last quarter)
Debt = 857.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.22b USD (calculated: Debt 857.1m - CCE 2.08b)
Enterprise Value = 1.04b USD (2.26b + Debt 857.1m - CCE 2.08b)
Interest Coverage Ratio = 0.57 (Ebit TTM 134.4m / Interest Expense TTM 236.6m)
EV/FCF = 7.58x (Enterprise Value 1.04b / FCF TTM 137.6m)
FCF Yield = 13.20% (FCF TTM 137.6m / Enterprise Value 1.04b)
FCF Margin = 16.32% (FCF TTM 137.6m / Revenue TTM 843.6m)
Net Margin = 18.13% (Net Income TTM 153.0m / Revenue TTM 843.6m)
Gross Margin = 66.26% ((Revenue TTM 843.6m - Cost of Revenue TTM 284.6m) / Revenue TTM)
Gross Margin QoQ = 54.57% (prev 72.91%)
Tobins Q-Ratio = 0.06 (Enterprise Value 1.04b / Total Assets 17.2b)
Interest Expense / Debt = 27.61% (Interest Expense 236.6m / Debt 857.1m)
Taxrate = 23.92% (48.1m / 201.1m)
NOPAT = 102.2m (EBIT 134.4m * (1 - 23.92%))
Current Ratio = 0.02 (Total Current Assets 306.0m / Total Current Liabilities 14.6b)
Debt / Equity = 0.44 (Debt 857.1m / totalStockholderEquity, last quarter 1.93b)
Debt / EBITDA = -9.08 (Net Debt -1.22b / EBITDA 134.5m)
Debt / FCF = -8.87 (Net Debt -1.22b / FCF TTM 137.6m)
Total Stockholder Equity = 1.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.97% (Net Income 153.0m / Total Assets 17.2b)
RoE = 8.07% (Net Income TTM 153.0m / Total Stockholder Equity 1.89b)
RoCE = 6.09% (EBIT 134.4m / Capital Employed (Equity 1.89b + L.T.Debt 310.3m))
RoIC = 0.60% (NOPAT 102.2m / Invested Capital 17.2b)
WACC = 11.38% (E(2.26b)/V(3.12b) * Re(7.73%) + D(857.1m)/V(3.12b) * Rd(27.61%) * (1-Tc(0.24)))
Discount Rate = 7.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.88 | Cagr: 6.53%
[DCF] Terminal Value 68.83% ; FCFF base≈128.9m ; Y1≈147.8m ; Y5≈217.5m
[DCF] Fair Price = 22.88 (EV 2.13b - Net Debt -1.22b = Equity 3.35b / Shares 146.4m; r=11.38% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 74.41 | EPS CAGR: 8.04% | SUE: 1.01 | # QB: 2
Revenue Correlation: 95.69 | Revenue CAGR: 10.83% | SUE: -0.51 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.34 | Chg30d=-0.35% | Revisions=+0% | Analysts=8
EPS current Year (2026-12-31): EPS=1.41 | Chg30d=+2.29% | Revisions=+50% | GrowthEPS=+11.8% | GrowthRev=+10.9%
EPS next Year (2027-12-31): EPS=1.45 | Chg30d=+0.61% | Revisions=+38% | GrowthEPS=+2.9% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: +47% (up=11, down=3)