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 18 other locations
Warren, US (HQ)
100 Liberty St
Show all (21)

Northwest Bancshares Financials and Metrics

Northwest Bancshares Financials

Northwest Bancshares's revenue was reported to be $345.6 m in FY, 2016
USD

Revenue (Q2, 2017)

131.3 m

Gross profit (Q2, 2017)

124.2 m

Gross profit margin (Q2, 2017), %

95%

Net income (Q2, 2017)

31 m

EBIT (Q2, 2017)

77.2 m

Market capitalization (13-Dec-2017)

1.7 b

Cash (30-Jun-2017)

111.8 m
Northwest Bancshares's current market capitalization is $1.7 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

92.5 m99.2 m104.7 m107 m106.9 m108.8 m131.3 m

Cost of goods sold

13.8 m14.2 m13.7 m10 m7.5 m6.7 m7.1 m

Gross profit

78.7 m85.1 m91 m97 m99.5 m102.1 m124.2 m

Gross profit Margin, %

85%86%87%91%93%94%95%
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
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

84 m91.4 m86.2 m87.7 m107.6 m106.6 m111.8 m

PP&E

142.3 m153.8 m153 m151.6 m167.6 m159.8 m154.8 m

Goodwill

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

Total Assets

7.9 b8.9 b8.9 b9 b9.7 b9.7 b9.5 b
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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

12.7 m17.3 m16.2 m31.5 m44.3 m18 m11 m25.2 m17.7 m48.7 m

Depreciation and Amortization

269 k422 k675 k710 k1.1 m1.7 m

Accounts Receivable

22.6 m22.2 m21.8 m19.5 m19.8 m

Accounts Payable

861 k860 k816 k880 k1.3 m
USDY, 2017

Revenue/Employee

61.2 k

Financial Leverage

7.9 x
Show all financial metrics

Northwest Bancshares Operating Metrics

Northwest Bancshares's Total Loans Issued was reported to be $7.7 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

198222212

Total Loans Issued

$5.99 b$6.06 b$6.12 b$7.15 b$7.22 b$7.29 b$7.29 b$7.8 b$7.56 b$7.56 b$7.69 b

Non-performing Loans

$80.04 m$73.62 m$58.38 m$68.58 m$73 m$75.05 m$76.35 m$86.38 m$80.19 m$73.56 m$72.96 m
Show all operating metrics

Northwest Bancshares Market Value History

Northwest Bancshares's Web-traffic and Trends

Northwest Bancshares Online and Social Media Presence

Northwest Bancshares Company Life and Culture

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