Northwest Bancshares Inc

NASDAQ NWBI

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Northwest Bancshares Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2024: 87.17%

Northwest Bancshares Inc Dividend Payout Ratio is 87.17% for the Trailing 12 Months (TTM) ending March 31, 2024, a 19.16% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.

Northwest Bancshares Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 73.16%, a -1.87% change year over year.
Northwest Bancshares Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 74.55%, a 250.46% change year over year.
Northwest Bancshares Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was -49.55%, a -143.00% change year over year.
Northwest Bancshares Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 115.23%, a 70.56% change year over year.

NASDAQ: NWBI

Northwest Bancshares Inc

CEO	Mr. Louis J. Torchio
IPO Date	Nov. 8, 1994
Location	United States
Headquarters	3 Easton Oval, Columbus, OH, United States, 43219
Employees	2,060
Sector	Financial Services
Industry	Banks - regional

Description

Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans, shorter term consumer loans, and loans collateralized by multi-family residential and commercial real estate; home equity loans and lines of credit; commercial business and real estate loans; commercial loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by investment accounts, as well as investment management and trust services. The company operates community banking locations in Pennsylvania, Western New York, Eastern Ohio, and Indiana. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.

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