Northwest Bancshares, Inc. Forecasted to Post FY2025 Earnings of $1.00 Per Share (NASDAQ:NWBI)

Northwest Bancshares, Inc. (NASDAQ:NWBI) – Analysts at DA Davidson issued their FY2025 EPS estimates for Northwest Bancshares in a research note issued on Tuesday, April 23rd. DA Davidson analyst M. Navas anticipates that the savings and loans company will post earnings per share of $1.00 for the year. The consensus estimate for Northwest Bancshares’ current full-year earnings is $0.95 per share.

Northwest Bancshares (NASDAQ:NWBI) last issued its earnings results on Monday, April 22nd. The savings and loans company reported $0.23 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.23. Northwest Bancshares had a net margin of 17.84% and a return on equity of 8.81%. The firm had revenue of $188.20 million for the quarter, compared to analysts’ expectations of $132.80 million.

NWBI has been the topic of several other research reports. Piper Sandler dropped their price target on shares of Northwest Bancshares from $11.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $12.00 price target (down previously from $13.00) on shares of Northwest Bancshares in a research note on Tuesday.

Northwest Bancshares Price Performance

Shares of NASDAQ:NWBI opened at $10.94 on Wednesday. The firm’s 50 day moving average is $11.29 and its two-hundred day moving average is $11.50. Northwest Bancshares has a 52 week low of $9.80 and a 52 week high of $13.07. The firm has a market capitalization of $1.39 billion, a P/E ratio of 10.62 and a beta of 0.60. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.41.

Northwest Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, May 2nd will be paid a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $0.80 annualized dividend and a dividend yield of 7.31%. Northwest Bancshares’s payout ratio is currently 77.67%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NWBI. CWM LLC increased its stake in shares of Northwest Bancshares by 164.6% during the fourth quarter. CWM LLC now owns 4,918 shares of the savings and loans company’s stock valued at $61,000 after acquiring an additional 3,059 shares during the period. International Assets Investment Management LLC increased its stake in shares of Northwest Bancshares by 1,148.0% during the fourth quarter. International Assets Investment Management LLC now owns 5,092 shares of the savings and loans company’s stock valued at $64,000 after acquiring an additional 4,684 shares during the period. IVC Wealth Advisors LLC acquired a new position in shares of Northwest Bancshares during the first quarter valued at approximately $124,000. Kestra Private Wealth Services LLC acquired a new position in shares of Northwest Bancshares during the third quarter valued at approximately $125,000. Finally, First Merchants Corp acquired a new position in shares of Northwest Bancshares during the fourth quarter valued at approximately $126,000. Institutional investors and hedge funds own 66.32% of the company’s stock.

Northwest Bancshares Company Profile

Northwest Bancshares, Inc operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts.