From what 6 stock analysts predict, the share price for Northwest Bancshares Inc (NWBI) might decrease by 1.81% in the next year. This is based on a 12-month average estimation for NWBI. Price targets go from $12 to $15. The majority of stock analysts believe NWBI is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
NWBI is a stock in Financial Services which has been forecasted to be worth $14.1 as an average. On the higher end, the forecast price is $15 USD by from Keefe, Bruyette & Woods and on the lower end NWBI is forecasted to be $12 by from FBR Capital.
These are the latest 20 analyst ratings of NWBI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $15 | Maintains | Dec 4, 2024 |
Frank Schiraldi Piper Sandler | Underweight | $10 | Maintains | Apr 23, 2024 |
Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $12 | Reiterates | Apr 23, 2024 |
Michael Perito Keefe, Bruyette & Woods | Market Perform | $13 | Maintains | Jan 23, 2024 |
Michael Perito Keefe, Bruyette & Woods | Market Perform | $12 | Maintains | Apr 6, 2023 |
Daniel Cardenas Janney Montgomery Scott | Neutral | $15 | Initiates | Sep 29, 2022 |
Frank Schiraldi Piper Sandler | Underweight | $12 | Downgrade | May 6, 2022 |
B. Riley Securities | Neutral | Downgrade | Jul 27, 2021 | |
Stephens & Co. | Equal-Weight | Initiates | Oct 15, 2020 | |
B. Riley FBR | Buy | Initiates | Jun 19, 2020 | |
B. Riley Securities | Buy | Initiates | Jun 19, 2020 | |
Raymond James | Market Perform | Initiates | Nov 20, 2019 | |
DA Davidson | Neutral | Initiates | Mar 6, 2017 | |
Keefe, Bruyette & Woods | Market Perform | $15 | Maintains | Sep 13, 2016 |
Keefe Bruyette & Woods | Market Perform | Maintains | Sep 13, 2016 | |
FBR Capital | Market Perform | Initiates | Jun 2, 2016 | |
FBR Capital | Market Perform | Initiates | Jun 1, 2016 | |
Boenning & Scattergood | Outperform | Upgrade | Sep 30, 2014 | |
Keefe Bruyette & Woods | Market Perform | Downgrade | Jul 23, 2013 | |
Keefe, Bruyette & Woods | Market Perform | Downgrade | Jul 23, 2013 |
When did it IPO
1994
Staff Count
1,975
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Louis J. Torchio
Market Cap
$1.83B
In 2023, NWBI generated $547.8M in revenue, which was a increase of 3.41% from the previous year. This can be seen as a signal that NWBI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Northwest Bancshares Inc. (NASDAQ:NWBI) will hold its Q3 2024 Results Conference Call on October 29, 2024, at 9:00 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The upcoming Q3 2024 results conference call for Northwest Bancshares could provide critical insights into the company's financial performance and future outlook, influencing investor sentiment and stock valuation.
Summary - Northwest Bancshares (NWBI) reported its quarterly performance for September 2024, suggesting a comparison with Wall Street estimates and previous year's metrics may provide valuable insights for investors.
Why It Matters - Comparing Northwest Bancshares' quarterly performance to Wall Street estimates and prior year results helps gauge its financial health and growth, influencing investment decisions.
Summary - Northwest Bancshares (NWBI) reported quarterly earnings of $0.26 per share, matching estimates but down from $0.31 per share year-over-year.
Why It Matters - NWBI's earnings meeting estimates but declining year-over-year may signal stagnation or weakening performance, potentially impacting investor confidence and stock valuation.
Summary - Northwest Bancshares reported Q3 2024 net income of $34M ($0.26/share), down from $39M last year but up from $5M last quarter. Net interest margin rose to 3.33%. Declared a $0.20/share dividend.
Why It Matters - Expanding net interest margins and stable costs indicate stronger profitability potential, while the consistent dividend reflects financial stability, attracting income-focused investors.
Summary - Northwest Bancshares is a 'hold' as performance aligns with the market; net interest income rose 7.6%, but non-interest income fell. Deposits grew minimally, loans declined, and asset quality is mixed.
Why It Matters - Northwest Bancshares' mixed performance, with rising net interest income but falling non-interest income and stagnant loan growth, signals potential volatility and limited upside for investors.
Summary - Northwest Bancshares, Inc. (NASDAQ: NWBI) will release its Q3 2024 financial results on October 29 at 7:30 a.m. EDT, followed by a conference call at 9:00 a.m. EDT.
Why It Matters - The upcoming conference call and financial results release for Northwest Bancshares could impact stock performance, providing insights into the company's financial health and future outlook.