Northwest Bancshares, Inc. (NASDAQ: NWBI) (“the company”) is the bank holding company for Warren, PA based Northwest Bank (est. 1896). The company was established upon the completion of the bank’s transition from a mutual savings bank to stock savings bank in 2009. NWBI offers a full line of financial services that includes investment management and trust services, primarily serving the communities of western and central Pennsylvania as well as parts of western New York, Ohio, and Indiana.
The company has been relatively acquisitive and is a proven acquirer, completing six total transactions between 2015 – 2020. More recently, on July 25, 2025, NWBI completed the merger with Penn Woods Bancorp, Inc. (NASDAQ: PWOD) (“Penn Woods”) adding $2.3 billion in assets, and bolstering the company’s footprint across North Central and Northeastern PA with 21 branches.
NWBI has a more consumer driven loan portfolio with residential mortgage and consumer loans…
Log in or Sign up for free access to this report.
KBRA is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and by offering timely and transparent ratings. KBRA provides market participants with an alternative solution by delivering in-depth research across various sectors within the United States and European markets. We strive to provide the investment community with the products and tools needed to make informed investment decisions.