Northwest Bancshares, Inc.

NWBI Financial Banks Regional

Northwest Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $878.9 million, up 16.2% from fiscal 2024.

Revenue
+8.47%
EPS
+1,650.0%
Free cash flow
+538.7%
Total debt
+49.6%

Quarter to September 2026, against a year earlier

15.35 0.49 −3.09%
Market cap
$2.2B
P/E
11.1×
Fwd P/E
10.9×
Dividend yield
5.21%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Northwest Bancshares, Inc. (NWBI) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Northwest Bancshares, Inc. (NWBI) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.7× (September 2020) to 1.6× (December 2016); the current reading is higher than 61% of that period. That is in line with the Banks Regional industry median of 1.2× and below the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 0.9× (18.06%)
FY2024 1.0× 2.11%
FY2023 1.0× (12.82%)
FY2022 1.2× 4.51%
FY2021 1.1× 13.33%
FY2020 1.0× (22.75%)
FY2019 1.3× (6.26%)
FY2018 1.4× (1.33%)
FY2017 1.4× (9.86%)
FY2016 1.5× 42.40%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.1× (1.25%)
Jun 2026 1.2× 18.21%
Mar 2026 1.0× 13.20%
Dec 2025 0.9× (8.42%)
43 more quarters

Against its own ten years

Low 0.7× High 1.6×
Ten-year median 1.1×
Current reading's percentile 58

P/B ratio against peers

Company P/B ratio
BBAR BBVA Banco Frances S.A. compare 0.7×
WAFD WaFd, Inc. compare 0.8×
BUSE First Busey Corporation compare 1.0×
NWBI Northwest Bancshares, Inc. 1.2×
EFSC Enterprise Financial Services Corporation compare 1.2×
MBIN Merchants Bancorp compare 1.2×
SRCE 1st Source Corporation compare 1.6×
OFG OFG Bancorp compare 1.6×
SYBT Stock Yards Bancorp, Inc. compare 1.9×
Banks Regional industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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