NWBI - ノ―スウェスト・バンクシェア―ズ （Northwest Bancshares Inc.）

COLUMBUS, OH / ACCESSWIRE / February 9, 2023 / Financial industry veterans Lee Palm, Brian Shapiro and Phil Mulder have joined Northwest Bank , a full-service financial institution offering a complete line of business and personal banking solutions, to lead the bank''s new Commercial Finance Group that will focus on business aviation, long-haul (OTR) trucking, inland/offshore marine financing and general equipment loans in the middle market to large corporate finance space. This new capability broadens Northwest''s commercial loan offering both across the bank''s four state footprint, and throughout the eastern United States. Palm will lead the new group as president. "Lee''s extensive industry experience building successful equipment finance businesses and the key relationships he''s developed will greatly benefit Northwest Bank as we expand into this new offering," said Mark Reitzes, senior executive vice president, Commercial Banking. "We are excited to enter this commercial space and proud to launch the team we''ve assembled to focus on equipment finance as we continue to grow and diversify." Palm has been part of senior and executive management for more than 20 years.

Northwest Bancshares is growing the topline and enjoying string margins. A strong dividend yield pays you to wait for a bounce. Read for our take on NWBI stock.

Northwest Bancshares Misses Q4 EPS by 4c

Northwest Bancshares earnings missed by $0.04, revenue topped estimates

Northwest Bancshares press release (NWBI): Q4 GAAP EPS of $0.27 misses by $0.04.Revenue of $144.91M (+17.1% Y/Y) beats by $3.02M.

Northwest Bancshares is growing the topline and enjoying string margins. A strong dividend yield pays you to wait for a bounce. Read for our take on NWBI stock.

Northwest Bancshares Misses Q4 EPS by 4c

Northwest Bancshares earnings missed by $0.04, revenue topped estimates

Northwest Bancshares press release (NWBI): Q4 GAAP EPS of $0.27 misses by $0.04.Revenue of $144.91M (+17.1% Y/Y) beats by $3.02M.

COLUMBUS, Ohio , Jan. 23, 2023 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NASDAQ: NWBI ) announced net income for the quarter ended December 31, 2022 of $34.6 million , or $0.27 per diluted share. This represents an increase of $4.6 million , or 15.3%, compared to the same quarter last year, when net income was $30.1 million , or $0.24 per diluted share. The annualized returns on average shareholders'' equity and average assets for the quarter ended December 31, 2022 were 9.38% and 0.98% compared to 7.65% and 0.82% for the quarter ended December 31, 2021. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share payable on February 14, 2023 to shareholders of record as of February 2, 2023. This is the 113 th consecutive quarter in which the Company has paid a cash dividend. Based on the market value of the Company''s common stock as of December 31, 2022, this represents an annualized dividend yield of approximately 5.7%.

Northwest Bancshares is growing the topline and enjoying string margins. A strong dividend yield pays you to wait for a bounce. Read for our take on NWBI stock.

Northwest Bancshares Misses Q4 EPS by 4c

Northwest Bancshares earnings missed by $0.04, revenue topped estimates

Northwest Bancshares press release (NWBI): Q4 GAAP EPS of $0.27 misses by $0.04.Revenue of $144.91M (+17.1% Y/Y) beats by $3.02M.

COLUMBUS, Ohio , Jan. 23, 2023 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (NASDAQ: NWBI ) announced net income for the quarter ended December 31, 2022 of $34.6 million , or $0.27 per diluted share. This represents an increase of $4.6 million , or 15.3%, compared to the same quarter last year, when net income was $30.1 million , or $0.24 per diluted share. The annualized returns on average shareholders'' equity and average assets for the quarter ended December 31, 2022 were 9.38% and 0.98% compared to 7.65% and 0.82% for the quarter ended December 31, 2021. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share payable on February 14, 2023 to shareholders of record as of February 2, 2023. This is the 113 th consecutive quarter in which the Company has paid a cash dividend. Based on the market value of the Company''s common stock as of December 31, 2022, this represents an annualized dividend yield of approximately 5.7%.