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.
Type
Public
HQ
Warren, US
Founded
1896
Size (employees)
2,145 (est)+7%
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 14 other locations
Warren, US (HQ)
100 Liberty St

Northwest Bancshares Metrics

Northwest Bancshares Financial Metrics

Revenue (2016)

$345.6 m

Revenue growth (2015-16), %

8%

Gross profit

$307.3 m

Gross profit margin (2016), %

89%

Net income (2016)

$49.7 m

Market capitalization (28-Apr-2017)

$1.6 b

Closing share price (28-Apr-2017)

$16.4

Cash (31-Dec-2016)

$119.4 m
Northwest Bancshares's current market capitalization is $1.6 b.
Northwest Bancshares's revenue was reported to be $345.6 m in FY, 2016 which is a 8% increase from the previous period.
FY, 2013FY, 2015FY, 2016

Revenue

$303.6 m$319.6 m$345.6 m

Revenue growth, %

8%

Cost of goods sold

$56.3 m$38.3 m

Gross profit

$263.3 m$307.3 m

Gross profit Margin, %

82%89%

Operating expense total

$233.9 m$307.8 m

EBIT

$83.8 m$88.5 m$293.8 m

EBIT margin, %

28%28%85%

Pre tax profit

$88.5 m$71.3 m

Net Income

$62 m$60.5 m$49.7 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$92.3 m$119.4 m

Accounts Receivable

$21.1 m$21.7 m

Inventories

PP&E

$154.4 m$161.2 m

Goodwill

$261.7 m$307.4 m

Total Assets

$9 b$9.6 b

Accounts Payable

$2 m$635 k

Additional Paid-in Capital

$717.6 m$718.8 m

Retained Earnings

$489.3 m$478.8 m

Total Equity

$1.2 b$1.2 b

Financial Leverage

7.7 x8.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$66.7 m$62 m$60.5 m$49.7 m

Accounts Receivable

$18.6 m$18.6 m

Inventories

Accounts Payable

$936 k$936 k

Cash From Operating Activities

($151.2 m)$113.2 m$136.9 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 m$9.7 m

Northwest Bancshares Market Value History

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Northwest Bancshares Online Presence

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