Company Profile
- 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…