Northwest Bancshares, Inc.
Northwest Bancshares, Inc. (NWBI) is listed on NASDAQ and classified in Banks - Regional, part of the Financial Services sector. It is headquartered in Columbus, United States and has 2,183 employees. The company is worth $2.26B and trades at 14.4x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $654.67M in fiscal 2025, up 25.3% from the year before. Net income was $126.01M. The share price is 4.5% below its 52-week high of $16.16. It pays a dividend yielding 5.18%. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $14.54M. In that quarter, 4 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +12.4% over 5Y.
today you would have $1,477.90▲ +47.8%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $12.00 | $13.19 | $12.48 | $13.98 | $14.16 | $12.74 | $16.63 | $16.94 | $16.73 | $18.03 | $13.39 | $12.53 | $14.78 | $12.14 | $12.44 | $11.78 | $11.27 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 8.2% a year plus a 5.2% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 18.2 across this company’s own years on record.
Cash flow growing 8.2% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividend growing 6.0% a year against a 7.5% required return, from the stock’s beta.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| MBINMerchants Bancorp | $48.77 | 9.8x | 1.2x | 0.90% | 11.73% | $2.24B |
| NTBBank of N.T. Butterfield & Son Ltd | $58.65 | 10.3x | 2.0x | 3.41% | 21.14% | $2.31B |
| EFSCEnterprise Financial Services Corp | $61.01 | 12.0x | 1.1x | 2.20% | 9.60% | $2.21B |
| UPSTUpstart Holdings, Inc. |
| 18.2x |
| 13.0x |
| 16.7x |
| 11.8x |
| 13.3x |
| 11.7x |
| 20.5x |
| 16.0x |
| 16.6x |
| 18.2x |
| 36.8x |
| 20.9x |
| 18.7x |
| 20.2x |
| 18.1x |
| 19.4x |
| 22.2x |
| 37.6x |
| P/S | 3.7x | 2.7x | 3.2x | 2.9x | 3.3x | 3.4x | 3.1x | 3.9x | 4.1x | 3.9x | 4.7x | 4.1x | 3.7x | 4.2x | 3.6x | 3.7x | 4.0x | 4.4x |
| P/B | 1.1x | 0.9x | 1.1x | 1.0x | 1.2x | 1.1x | 1.1x | 1.3x | 1.4x | 1.4x | 1.6x | 1.2x | 1.1x | 1.2x | 1.0x | 1.1x | 1.0x | 0.9x |
| EPS | $0.92 | $0.79 | $1.06 | $1.05 | $1.21 | $0.62 | $1.04 | $1.02 | $0.92 | $0.49 | $0.64 | $0.67 | $0.73 | $0.67 | $0.64 | $0.53 | $0.30 |
| Dividend yield | 4.33% | 6.67% | 6.07% | 6.41% | 5.72% | 5.58% | 5.97% | 4.33% | 4.01% | 3.83% | 3.33% | 4.18% | 12.93% | 3.38% | 4.94% | 3.46% | 3.40% | 3.47% |
| Payout | 76.19% | 86.96% | 101.27% | 75.47% | 76.19% | 65.29% | 122.58% | 69.23% | 66.67% | 69.57% | 122.45% | 87.50% | 241.79% | 68.49% | 89.55% | 67.19% | 75.47% | 130.37% |
| Profit margin | 19.71% | 19.25% | 19.19% | 24.56% | 25.15% | 28.89% | 14.29% | 24.01% | 24.51% | 21.41% | 12.65% | 18.23% | 19.39% | 20.90% | 19.72% | 19.71% | 18.09% | 11.58% |
| ROE | 5.83% | 6.67% | 6.28% | 8.70% | 8.96% | 9.75% | 4.86% | 8.16% | 8.39% | 7.82% | 4.24% | 5.20% | 5.83% | 5.76% | 5.62% | 5.56% | 4.40% | 2.48% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+104.4% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| $23.85 |
| 47.7x |
| 2.9x |
| 0.00% |
| 7.94% |
| $2.32B |
| AGMFederal Agricultural Mortgage Corp | $201.42 | 10.9x | 1.7x | 3.13% | 13.48% | $2.19B |
| WAFDWAFD Inc | $29.44 | 8.8x | 0.8x | 3.67% | 8.47% | $2.18B |