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Northwest Bancshares inc   (NWBI)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial


 

Northwest Bancshares inc

NWBI's Financial Statements and Analysis



Northwest Bancshares inc reported in the forth quarter of 2023 net earnings per share of $0.22 a decrease by -21.06 % year on year from $0.28 and decline of -28.51 % from $0.31 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.22 $  128 Mill
$-0.06     -21.06 % $-8M     -6.15 %



Northwest Bancshares Inc 's Revenue fell by -6.15 % in forth quarter of 2023 (Dec 31 2023) year on year, to $128 million and declined by -7.76 % sequentially.


Northwest Bancshares Inc is

More on NWBI's Income Statement



Northwest Bancshares Inc 's net income of $29.014 million in the forth quarter of 2023 decreased by -16.26 % from net earnings of $34.649 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -26.02 % from net income of $39.220 million realized in previous quarter.

More on NWBI's Growth

Northwest Bancshares Inc Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-40 million, capital expenditures fell by -3.70787.40%, to $-7 millions compare to same quarter a year ago

More on NWBI's Cash flow Statement


Northwest Bancshares inc payed out dividend of $0.80 per share in last 52 weeks representing 76.19 % of net earning per share in trailing twelve-month period.

During the same period Northwest Bancshares inc earned $ 0.73 cash per share, on a free-cash flow basis 69.48 % of net earning per share.

Book value grew by 2.88 % sequentially to $12.18 per share, 44.54% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 9.15 per share from $ 8.78.

Company issued 0.80 million shares or 0.63 % in Dec 31 2023.
Interest Coverage Ratio was 2.15. Debt Coverage Ratio was 0.47.

More on NWBI's Dividends

 Market Capitalization (Millions) 1,411
 Shares Outstanding (Millions) 127
 Total Debt (Millions $) 513
 Revenue (TTM) (Millions $) 527
 Net Income (TTM) (Millions $) 135
 Cash Flow (TTM) (Millions $) -17
 Capital Exp. (TTM) (Millions $) -9
 Dividend TTM ($) 0.8 $
 Dividend Yield TTM (%) 7.22 %
 Employees (TTM) $ 2,007




Northwest Bancshares inc payed out dividend of $0.80 per share in the last 52 weeks representing 76.19 % of net earning per share in trailing twelve-month period.

During the same period Northwest Bancshares inc had $ 0.73 cash flow per share, on a free-cash flow basis 69.48 % of net earning per share.

Book value grew by 2.88 % sequentially to $12.18 per share, 44.54% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 9.15 per share from $ 8.78.

Company issued 0.80 million shares or 0.63 % in Dec 31 2023.
Interest Coverage Ratio was 2.15. Debt Coverage Ratio was 0.47.

More on NWBI's Balance Sheets

 Market Capitalization (Millions) 1,411
 Shares Outstanding (Millions) 127
 Total Debt (Millions $) 513
 Revenue (TTM) (Millions $) 527
 Net Income (TTM) (Millions $) 135
 Cash Flow (TTM) (Millions $) -17
 Capital Exp. (TTM) (Millions $) -9
 Dividend TTM ($) 0.8 $
 Dividend Yield TTM (%) 7.22 %
 Employees (TTM) $ 2,007
   


  News about Northwest Bancshares inc Earnings

Northwest Bancshares Inc Faces Challenges with Soft Top-line in Q4 2023 Earnings Season



Northwest Bancshares Inc, a leading player in the Commercial Banks sector, recently reported its financial results for the October to December 2023 period. The figures reveal a decline in income and revenue compared to the previous year. This article will analyze the implications of these results and discuss the potential impact on the company moving forward.
Revenue and Income Decline:
During the last quarter of 2023, Northwest Bancshares Inc experienced a decline in both revenue and income. Revenue decreased by -6.148% to $127.53 million, while income fell by -21.06% to $0.22 per share. This represents a broader trend, contrasting with the on-average revenue growth observed in the Commerc...

Northwest Bancshares Inc Surges with Impressive Stock Performance and Experiences Significant Revenue Growth in Q3 2023



Northwest Bancshares Inc has experienced positive growth in its shares, demonstrating a solid performance in the recent past. Over the last 5 trading days, the company's shares recorded a significant gain of 5.15%. Additionally, over the past 30 days, Northwest Bancshares Inc saw an increase of 5.76% in its shares. Furthermore, the company's shares currently trade 12.4% above its 52-week low. These impressive stock performances raise the question of how the company's financial results and revenue improvement from July to September 2023 will shape its future prospects.
1. Revenue Improvement:
Northwest Bancshares Inc witnessed a remarkable revenue improvement in the third quarter of 2023. Co...

Northwest Bancshares Triumphs with Stable Earnings Amid Moderate Revenue Growth ?? ????????? ???? ???, 2023

/>Northwest Bancshares Inc., a prominent player in the Commercial Banks sector, recently reported its financial results for the most recent fiscal period. While the company achieved moderate revenue growth, its earnings per share remained unchanged at $0.26. In comparison to the previous reporting period, Northwest Bancshares Inc. experienced a slight decrease in revenue. However, the company continues to showcase strong financial performance, with a net profit of $33.044 million.
Revenue Growth and Earnings Stability:
Northwest Bancshares Inc. witnessed a 1.04% increase in revenue, amounting to $129.42 million in the most recent fiscal period, compared to the same reporting period a year prior. This...

Northwest Bancshares Inc Continues to Thrive with Exceptional Performance in Q1 2023

Northwest Bancshares Inc Delivers Double Digit Growth in Revenue and Bottom-line for Q1 2023
Northwest Bancshares Inc, a leading financial services company, has announced impressive financial results for the first quarter of 2023, with both top-line and bottom-line growth in double digits. The company's revenue in the January to March 31 quarter surged by 11.535%, reaching $131.44 million and net profits grew by 18.18% sequentially.
Although net profit per share experienced a decrease of -7.38%, Northwest Bancshares Inc is demonstrating strong growth, as net earnings for the fiscal first quarter of 2023 increased by 19.06% YoY. Furthermore, the firm is pleased to report that its profit margins have ...


Date modified: 2024-02-24T15:38:31+00:00





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