Northwest Bancshares: Continue To Own For Juicy Income
We continue to recommend holding Northwest Bancshares, Inc. for its over 6% dividend yield, despite mixed asset quality and return metrics. Q4 earnings showed strong revenue growth and net income increase, with EPS beating estimates by $0.02, though credit loss provisions rose. Loans remained flat while deposits grew, and the net interest margin improved to 3.42%, reflecting positive trends in margins and deposit growth.
Northwest Bancshares, Inc. (NWBI) Q4 2024 Earnings Call Transcript
Northwest Bancshares, Inc. (NASDAQ:NWBI ) Q4 2024 Earnings Conference Call January 24, 2025 10:00 AM ET Company Participants Michael Perry - Managing Director, Corporate Strategy and Development and Investor Relations Louis Torchio - President and CEO Doug Schosser - Chief Financial Officer Thomas Creal - Chief Credit Officer Conference Call Participants Tim Switzer - KBW Daniel Tamayo - Raymond James Matthew Breese - Stephens, Inc. Daniel Cardenas - Janney Montgomery Scott Operator Good morning, thank you for joining us, and welcome to Northwest Bancshares Fourth Quarter 2024 Earnings Call. This session is being recorded, and a playback will be available on our Investor Relations website.
Northwest Bancshares (NWBI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Northwest Bancshares (NWBI) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Northwest Bancshares (NWBI) Q4 Earnings and Revenues Surpass Estimates
Northwest Bancshares (NWBI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.24 per share a year ago.
Exploring Analyst Estimates for Northwest Bancshares (NWBI) Q4 Earnings, Beyond Revenue and EPS
Evaluate the expected performance of Northwest Bancshares (NWBI) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Northwest Bancshares: A Growing Regional Bank With Attractive Dividend Yield
I'm initiating coverage of Northwest Bancshares with a buy rating, more bullish than today's consensus calling for a hold. With a recent acquisition of another regional bank, and growth in commercial loans, it is a regional with growth prospects. Its dividend yield just over 6% beats similar peers.
Northwest Bancshares (NWBI) Upgraded to Strong Buy: What Does It Mean for the Stock?
Northwest Bancshares (NWBI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Northwest Bancshares Inc. (NWBI) Q3 2024 Earnings Call Transcript
Northwest Bancshares Inc. (NASDAQ:NWBI ) Q3 2024 Results Conference Call October 29, 2024 9:00 AM ET Company Participants Joseph Canfield - Executive Vice President, Chief Accounting Officer Louis Torchio - President, CEO & Director Doug Schosser - Chief Financial Officer Thomas Creal - Executive VP & Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Manuel Navas - D.A. Davidson Matthew Breese - Stephens Inc Frank Schiraldi - Piper Sandler Daniel Cardenas - Janney Montgomery Scott Operator Thank you for standing by.
Northwest Bancshares (NWBI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Northwest Bancshares (NWBI) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Northwest Bancshares (NWBI) Q3 Earnings Meet Estimates
Northwest Bancshares (NWBI) came out with quarterly earnings of $0.26 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.31 per share a year ago.
Staying The Course With Northwest Bancshares As Earnings Near
Northwest Bancshares remains a 'hold' as its performance is expected to match the broader market. Despite a 7.6% rise in net interest income, non-interest income fell significantly due to one-time losses, impacting overall profitability. The bank's balance sheet shows minimal growth in deposits and a decline in loans, with a mixed asset quality and higher-than-preferred price to earnings multiple.
What Makes Northwest Bancshares (NWBI) a New Buy Stock
Northwest Bancshares (NWBI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
