Northwest Bancshares Inc
NASDAQ:NWBI

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Northwest Bancshares Inc
NASDAQ:NWBI
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Price: 13.43 USD 0.07% Market Closed
Market Cap: 1.7B USD
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Northwest Bancshares Inc
Investor Relations

Northwest Bancshares Inc., with roots dating back to 1896, has woven itself into the financial fabric of a myriad of communities, primarily in the northeastern United States. As the parent company of Northwest Bank, it navigates the complex waters of financial services by balancing traditional banking routes with modern innovations. The bank stands as a vital pillar in its regions, offering individuals and small businesses a reliable partner for personal and commercial banking needs. Core to its operations are the more than 150 branch offices across Pennsylvania, New York, Ohio, and Indiana, where it provides an array of products including savings accounts, mortgages, personal loans, and business credit. This geographic spread offers Northwest stability and reach, crucial for its steady performance even in less favorable economic climates.

The company's revenue engine is fueled by its interest income, which it earns by leveraging depositor funds towards an extensive loan portfolio that includes real estate and commercial loans. Interest from these loans constitutes the lion's share of its earnings, making prudent lending and risk management vital to its success. Besides, Northwest Bancshares generates additional income from its fee-based services - such as trust, investment management, and insurance services - which add a diverse stream of activity beyond traditional interest-bearing endeavors. This strategic combination allows Northwest Bancshares Inc. not only to weather financial headwinds but also to capitalize on growth opportunities within its market footprint, reinforcing its role as a bedrock in the communities it serves.

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Management

Mr. Louis J. Torchio
President, CEO & Director
No Bio Available
Mr. William W. Harvey Jr.
Senior EVP, COO & Director
No Bio Available
Mr. Scott J. Watson
Executive VP & Chief Information Officer
No Bio Available
Mr. Gregory J. Betchkal
Executive VP & Chief Risk Officer
No Bio Available
Mr. Douglas M. Schosser CPA
Chief Financial Officer
No Bio Available
Mr. Jeffrey J. Maddigan
Executive VP of Finance & Accounting, Corporate Treasurer and Principal Accounting Officer
No Bio Available
Mr. C. Forrest Tefft
Senior Vice President of Corporate Finance
No Bio Available
Michael W. Cappetta
Senior VP & Chief Technology Officer
No Bio Available
Mr. Richard K. Laws J.D.
Executive VP, Chief Legal Counsel & Corporate Secretary
No Bio Available
Leslie D. Kurtz
Senior VP & Chief Compliance Officer
No Bio Available

Contacts

Address
PENNSYLVANIA
Warren
100 Liberty St
Contacts