Northwest Bancshares

If you’re looking for a customer-centric, community-oriented bank, look to Northwest. We’re a bank that knows how important our people are, and it shows in everything we do. From the teller who greets you at the drive-up window to the personal banker who helps you with your first home loan, we go out of our way to put our customers first. We operate 150 full service and 7 drive through locations across Pennsylvania, New York, Ohio and Maryland—if you’re ever in our area, stop by one of our locations and speak with our friendly staff. Founded in 1896, we’ve been around 120 years. That type of longevity proves that we’re a trusted institution with a history of award-winning customer service. We offer products and services to fit your diverse banking needs. From checking and savings accounts to business loans and retirement accounts, we think you’ll like what we have to offer. We’re a subsidiary of Northwest Bancshares, Inc. Find us on the Nasdaq Global Select Market under the symbol NWBI.
Company Growth (employees)
Type
Public
HQ
Warren, US
Founded
1896
Size (employees)
2,145 (est)
Northwest Bancshares was founded in 1896 and is headquartered in Warren, US

Northwest Bancshares Office Locations

Northwest Bancshares has offices in Warren, Pittsburgh, Altoona, Buffalo and in 17 other locations
Warren, US (HQ)
100 Liberty St
Show all (21)

Northwest Bancshares Data and Metrics

Northwest Bancshares Financial Metrics

Northwest Bancshares's revenue was reported to be $108.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

108.8 m

Gross profit (Q1, 2017)

102.1 m

Gross profit margin (Q1, 2017), %

94%

Net income (Q1, 2017)

17.7 m

EBIT (Q1, 2017)

75.9 m

Market capitalization (15-Aug-2017)

1.6 b

Cash (31-Mar-2017)

106.6 m
Northwest Bancshares's current market capitalization is $1.6 b.
USDFY, 2013FY, 2015FY, 2016

Revenue

303.6 m319.6 m345.6 m

Revenue growth, %

8%

Cost of goods sold

56.3 m38.3 m

Gross profit

263.3 m307.3 m

Gross profit Margin, %

82%89%

Operating expense total

233.9 m307.8 m

EBIT

83.8 m88.5 m293.8 m

EBIT margin, %

28%28%85%

Pre tax profit

88.5 m71.3 m

Net Income

62 m60.5 m49.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

92.5 m99.2 m104.7 m107 m106.9 m108.8 m

Cost of goods sold

13.8 m14.2 m13.7 m10 m7.5 m6.7 m

Gross profit

78.7 m85.1 m91 m97 m99.5 m102.1 m

Gross profit Margin, %

85%86%87%91%93%94%

EBIT

61.1 m63.8 m69.9 m72.5 m73.1 m75.9 m

EBIT margin, %

66%64%67%68%68%70%

Pre tax profit

22.5 m18.1 m26.1 m18.9 m25.8 m

Net Income

12.7 m17.3 m16.2 m31.5 m44.3 m18 m11 m25.2 m17.7 m
USDFY, 2015FY, 2016

Cash

92.3 m119.4 m

Accounts Receivable

21.1 m21.7 m

PP&E

154.4 m161.2 m

Goodwill

261.7 m307.4 m

Total Assets

9 b9.6 b

Accounts Payable

2 m7.9 b

Total Liabilities

8.5 b

Additional Paid-in Capital

717.6 m718.8 m

Retained Earnings

489.3 m478.8 m

Total Equity

1.2 b1.2 b

Financial Leverage

7.7 x8.2 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

84 m91.4 m86.2 m87.7 m107.6 m106.6 m

PP&E

142.3 m153.8 m153 m151.6 m167.6 m159.8 m

Goodwill

175.5 m261.3 m261.7 m262.1 m307.7 m307.4 m

Total Assets

7.9 b8.9 b8.9 b9 b9.7 b9.7 b

Accounts Payable

5.7 b6.6 b6.7 b6.6 b8.2 b8 b

Additional Paid-in Capital

624.3 m714.7 m718 m723 m712 m723.1 m

Retained Earnings

487.2 m487 m492.3 m470.3 m469.5 m480.3 m

Total Equity

1.1 b1.2 b1.2 b1.2 b1.2 b1.2 b

Financial Leverage

7.4 x7.7 x7.6 x7.8 x8.4 x8.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

66.7 m62 m60.5 m49.7 m

Accounts Receivable

18.6 m18.6 m

Accounts Payable

936 k936 k

Cash From Operating Activities

(151.2 m)113.2 m136.9 m

Cash From Investing Activities

(88.8 m)

Long-term Borrowings

(172.6 m)(774.9 m)

Cash From Financing Activities

(97.7 m)(1.1 b)

Income Taxes Paid

16.7 m9.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

12.7 m17.3 m16.2 m31.5 m44.3 m18 m11 m25.2 m17.7 m

Depreciation and Amortization

269 k422 k675 k710 k1.1 m1.7 m

Accounts Receivable

21.8 m19.5 m19.8 m

Accounts Payable

816 k880 k1.3 m

Cash From Operating Activities

52.5 m88.4 m24.7 m34.8 m82.3 m44 m

Cash From Investing Activities

(54.5 m)(124.9 m)

Long-term Borrowings

(50 m)(172.5 m)(35 m)

Dividends Paid

(25.9 m)(38.9 m)(15 m)(29.9 m)(45 m)(16.2 m)

Cash From Financing Activities

(971.7 m)88.4 m

Income Taxes Paid

4.8 m10.7 m733 k1.5 m4.1 m
USDY, 2017

Revenue/Employee

50.7 k

Financial Leverage

8.3 x

Northwest Bancshares Market Value History

Traffic Overview of Northwest Bancshares

Northwest Bancshares Online and Social Media Presence

Northwest Bancshares News and Updates

BRIEF-Northwest Bancshares - Northwest Bank receives regulatory approval for acquisition of First Niagara Bank offices

* Northwest Bank receives regulatory approval for acquisition of 18 first Niagara Bank offices in Western New York

Northwest Bancshares Company Life and Culture

You may also be interested in