Northwest Bancshares, Inc.
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 16.2
- Dividend yield
- 5.38%
About Northwest Bancshares
National Commercial Banks, SIC 6021
Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, providing personal and commercial banking solutions, investment management, and trust services. The institution serves individual retail consumers, small businesses, and commercial clients. Its lending activities center on fixed- and adjustable-rate residential first mortgages, shorter-term consumer loans such as automobile financing and personal credit, home equity financing, multi-family and commercial real estate loans, and commercial business credit facilities. Northwest also offers depository solutions including checking, savings, money market, term certificates, and individual retirement accounts.
The company delivers its banking services primarily through a regional network comprising 161 community banking locations. This network encompasses 102 offices in Pennsylvania, 28 in western New York, 20 in Indiana, and 11 in northeastern Ohio, alongside commercial specialty lending verticals operating on a national footprint. Executive offices are situated in Columbus, Ohio, while administrative offices and Northwest Bank's headquarters reside in Warren, Pennsylvania.
Summary of the business section of Northwest Bancshares's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Northwest Bancshares, Inc.
- Founded
- 1896
- Headquarters
- Warren, PA
- Address
- 100 Liberty Street 16365
- Phone
- (814) 726-2140
- Website
- northwest.com
- Employees
- 2,233, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Pittsburgh, PA
Stock & identifiers
- Ticker
- NWBI
- Exchange
- Nasdaq
- IPO date
- Nov 7, 1994
- Shares outstanding
- 146M, Jul 31, 2026
- Public float
- $1.63B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 225-for-100, Dec 18, 2009; 2-for-1, Nov 17, 1997; 2-for-1, May 22, 1996
- SEC CIK
- 1471265
- CUSIP
- 667340103
- ISIN
- US6673401039
- LEI
- 549300RLPDJH5V5UHQ32
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Louis J. Torchio | President & CEO, Director | 353,046 |
| James M. Colestro | Chief Retail Lending Officer | 62,340 |
| Joseph D. Canfield Jr | Chief Accounting Officer | 16,540 |
| Jacques Marc DesMarteau | Chief Comm. Banking Officer | 57,242 |
| Urich T. Bowers | Chief Cons. Banking /Strat Off | 43,611 |
| Steven Chad Ballard | Chief Information Officer | 47,217 |
| Thomas K. Creal IV | Chief Credit Officer | 58,174 |
| Douglas M. Schosser | Chief Financial Officer | 81,058 |
| Carey A. Barnum | Chief Auditor | 5,915 |
| Gregory J. Betchkal | Chief Risk Officer | 93,814 |
| Kyle P. Kane | Chief People Officer | 26,307 |
| Devin T. Cygnar | Chief Mktg/Comm. Officer | 42,284 |
| Scott J. Watson | Chief Information Officer | 54,541 |
| Brian Edward McCarthy | Chief Lending Officer | 14,730 |
| Erin Freund Siegfried | Chief Legal Counsel /Corp Sec | 26,715 |
| Richard K. Laws | Chief Legal Counsel/Corp. Sec. | 69,226 |
| M. Dominic Cugini | Chief of Staff | 20,194 |
| Charles E. Kranich | Director | 102,021 |
| Mark A. Paup | Director | 77,643 |
| Amber Lee Williams | Director | 13,997 |
| Robert M. Campana | Director | 71,480 |
| Timothy M. Hunter | Director | 203,804 |
| John P. Meegan | Director | 106,154 |
| David M. Tullio | Director | 35,104 |
| Deborah J. Esq. Chadsey | Director | 52,154 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Torchio | $3.40M | $3.21M | $1.54M | $129 | $167 |
| FY2024 Mr.Torchio | $2.66M | $2.88M | $1.19M | $109 | $142 |
| FY2023 Mr.Torchio | $1.93M | $1.90M | $1.09M | $97 | $115 |
| FY2022 Mr.Seiffert | $802.00K | $580.60K | $862.06K | $101 | $108 |
| FY2022 Mr.Torchio | $1.19M | $1.26M | $862.06K | $101 | $108 |
| FY2021 Mr.Seiffert | $1.69M | $1.76M | $730.28K | $97 | $128 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Workforce Demographics . As of December 31, 2025, we had 2,104 full-time and 129 part-time employees, or 2,169 full-time equivalent employees ( “ FTEs”). This represents an increase of 213 FTEs, or 10 .9% , from December”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 28, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 27, 2025 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 3, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 24, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 20, 2019 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Sep 12, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 20, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 9, 2015 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Dec 14, 2009 | Listing | Registration of securities on an exchange (Form 8-A) |