Northwest Bancshares Inc (NWBI) Files 10-K for the Fiscal Year Ended on December 31, 2017

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Northwest Bancshares Inc (NWBI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Northwest Bancshares Inc is a stock savings bank and community-oriented financial institution. It operates banks in Pennsylvania, New York, Ohio and Maryland offering personal and business deposit and loan products. Northwest Bancshares Inc has a market cap of $1.68 billion; its shares were traded at around $16.40 with a P/E ratio of 17.80 and P/S ratio of 3.79. The dividend yield of Northwest Bancshares Inc stocks is 3.97%. Northwest Bancshares Inc had annual average EBITDA growth of 4.80% over the past ten years.


For the last quarter Northwest Bancshares Inc reported a revenue of $107.1 million, compared with the revenue of $107.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $441.3 million, an increase of 12.4% from last year. For the last five years Northwest Bancshares Inc had an average revenue growth rate of 6.6% a year.

The reported diluted earnings per share was 92 cents for the year, an increase of 87.8% from previous year. Over the last five years Northwest Bancshares Inc had an EPS growth rate of 1% a year. The Northwest Bancshares Inc enjoyed an operating margin of 30.8%, compared with the operating margin of 18.16% a year before. The 10-year historical median operating margin of Northwest Bancshares Inc is 26.43%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Northwest Bancshares Inc has the cash and cash equivalents of $77.7 million, compared with $386.3 million in the previous year. The long term debt was $219.5 million, compared with $254.1 million in the previous year. The interest coverage to the debt is 4.8. Northwest Bancshares Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $16.40, Northwest Bancshares Inc is traded at close to its historical median P/S valuation band of $16.88. The P/S ratio of the stock is 3.79, while the historical median P/S ratio is 3.91. The stock lost 5.95% during the past 12 months.

Directors and Officers Recent Trades:

  • Director John P Meegan bought 1,000 shares of NWBI stock on 02/06/2018 at the average price of $16.14. The price of the stock has increased by 1.61% since.

  • EVP Finance and Controller Gerald J Ritzert sold 12,200 shares of NWBI stock on 02/08/2018 at the average price of $16.56. The price of the stock has decreased by 0.97% since.

  • EVP Finance and Controller Gerald J Ritzert sold 12,200 shares of NWBI stock on 02/08/2018 at the average price of $16.56. The price of the stock has decreased by 0.97% since.

For the complete 20-year historical financial data of NWBI, click here.

This article first appeared on GuruFocus.


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