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Northwest Bancshares (Northwest Bancshares) Debt-to-Equity : 0.41 (As of Dec. 2023)


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What is Northwest Bancshares Debt-to-Equity?

Northwest Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $398.9 Mil. Northwest Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $243.8 Mil. Northwest Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,551.3 Mil. Northwest Bancshares's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Northwest Bancshares's Debt-to-Equity or its related term are showing as below:

NWBI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.27   Max: 0.93
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Northwest Bancshares was 0.93. The lowest was 0.18. And the median was 0.27.

NWBI's Debt-to-Equity is ranked better than
65.37% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs NWBI: 0.42

Northwest Bancshares Debt-to-Equity Historical Data

The historical data trend for Northwest Bancshares's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northwest Bancshares Debt-to-Equity Chart

Northwest Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.27 0.25 0.62 0.41

Northwest Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.58 0.57 0.41 0.42

Competitive Comparison of Northwest Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Northwest Bancshares's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northwest Bancshares's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Northwest Bancshares's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Northwest Bancshares's Debt-to-Equity falls into.



Northwest Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Northwest Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Northwest Bancshares's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northwest Bancshares  (NAS:NWBI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Northwest Bancshares Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Northwest Bancshares's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Northwest Bancshares (Northwest Bancshares) Business Description

Traded in Other Exchanges
Address
3 Easton Oval, Suite 500, Columbus, OH, USA, 43219
Northwest Bancshares Inc is a stockholding company for Northwest Bank. Northwest Bank is a stock savings bank and a community-oriented financial institution offering personal and banking business solutions, investment management, trust services and insurance products. It also offers consumer finance loans through a wholly-owned subsidiary. The bank's loan portfolio segment consists of personal banking and business banking loans. Personal banking includes residential mortgages, home equity loans, and other consumer loans. Business banking loans consist of commercial real estate loans and commercial loans. Net interest income is the company's primary contributor to revenue.
Executives
Timothy B Fannin director 100 LIBERTY STREET, WARREN PA 16365
Devin T Cygnar officer: EVP, Chief Marketing Officer 100 LIBERTY STREET, WARREN PA 16365
Jeffrey J Maddigan officer: EVP, Corporate Treasurer 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Louis J Torchio officer: Sr. EVP Retail Lending 100 LIBERTY STREET, WARREN PA 16365
Carey A. Barnum officer: SVP, Chief Auditor 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Scott J Watson officer: EVP, Chief Information Officer 100 LIBERTY STREET, WARREN PA 16365
Jacques Marc Desmarteau officer: SEVP, Chief Comm. Banking Ofc. 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
James M Colestro officer: EVP, Retail Lend & Bus Banking 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Amber Lee Williams director 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Mark A Paup director 100 LIBERTY STREET, WARREN PA 16365
Robert M Campana director NORTHWEST BANCSHARES, INC., 100 LIBERTY STREET, WARREN PA 16365
David M Tullio director 100 LIBERTY STREET, WARREN PA 16365
Richard K Laws officer: EVP Chief Legal Counsel 100 LIBERTY STREET, WARREN PA 16365
Mark T. Reitzes officer: EVP Head of Commercial Lending 3723 GLENMORE AVENUE, CHEVIOT OH 45211
Gregory J. Betchkal officer: EVP, Chief Risk Officer 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219