Northwest Bancshares Inc (NWBI) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 02, 2020
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Northwest Bancshares Inc (NWBI, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Northwest Bancshares Inc is a stock savings bank and community-oriented financial institution. It operates banks in Pennsylvania, New York, Ohio and Maryland offering personal and business deposit and loan products. Northwest Bancshares Inc has a market cap of $1.53 billion; its shares were traded at around $14.35 with a P/E ratio of 13.81 and P/S ratio of 3.32. The dividend yield of Northwest Bancshares Inc stocks is 5.09%. GuruFocus has detected 3 severe warning signs with Northwest Bancshares Inc. .

For the last quarter Northwest Bancshares Inc reported a revenue of $117.2 million, compared with the revenue of $110.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $459.9 million, an increase of 6.9% from last year. For the complete 30-year financial data, please go here.. For the last five years Northwest Bancshares Inc had an average revenue growth rate of 8.1% a year.

The reported diluted earnings per share was $1.04 for the year, an increase of 2% from previous year. Over the last five years Northwest Bancshares Inc had an EPS growth rate of 12.8% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Northwest Bancshares Inc has the cash and cash equivalents of $60.8 million, compared with $68.8 million in the previous year. The long term debt was $121.8 million, compared with $111.2 million in the previous year. Northwest Bancshares Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $14.35, Northwest Bancshares Inc is traded at 16.5% discount to its historical median P/S valuation band of $17.18. The P/S ratio of the stock is 3.32, while the historical median P/S ratio is 3.86. The stock lost 21.4% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Timothy M Hunter bought 10,000 shares of NWBI stock on 02/06/2020 at the average price of $15.82. The price of the stock has decreased by 9.29% since.

For the complete 20-year historical financial data of NWBI, click here.