Northwest Bancshares (FRA:NHS) Debt-to-Equity : 0.28 (As of Sep. 2024)

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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 Sep. 2024 was €184.1 Mil. Northwest Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €220.0 Mil. Northwest Bancshares's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €1,433.8 Mil. Northwest Bancshares's debt to equity for the quarter that ended in Sep. 2024 was 0.28.

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:

FRA:NHS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.26 Max: 0.98
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Northwest Bancshares was 0.98. The lowest was 0.17. And the median was 0.26.

FRA:NHS's Debt-to-Equity is ranked better than
71.47% of 1458 companies
in the Banks industry
Industry Median: 0.64 vs FRA:NHS: 0.28

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

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0.27

0.25

0.62

0.41

Northwest Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.57	0.41	0.42	0.31	0.28

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(365.787	+	223.531)	/	1422.558
	=	0.41

Northwest Bancshares's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(184.141	+	220.042)	/	1433.784
	=	0.28

Northwest Bancshares (FRA:NHS) 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

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Northwest Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northwest Bancshares Inc (FRA:NHS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NWBI:USA

Address

3 Easton Oval, Suite 500, Columbus, OH, USA, 43219

Website

https://www.northwest.bank

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.