Northwest Bancshares Inc
NASDAQ:NWBI
NWBI's latest stock split occurred on Dec 18, 2009
The company executed a 225-for-100 stock split, meaning that for every 100 shares held, investors received 225 new shares.
Before the split, NWBI traded at 25.21 per share. Afterward, the share price was about 5.1001.
The adjusted shares began trading on Dec 18, 2009. This was NWBI's 3rd stock split, following the previous one in Nov 17, 1997.
1S9
Northwest Bancshares Inc
Glance View
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.
You don't have any saved screeners yet