moneyheap
NWBI · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is Northwest Bancshares, Inc. (NWBI) stock moving?
NWBI closed at $15.33 on Nov 10, about 2% below its Nov 4 close of $15.64 and within a 30-day range of roughly $14.83 to $16.01. The stock went ex-dividend on Nov 5 with a $0.20 payout, and the price fell from $15.64 to $15.31 that day, a drop roughly equal to the dividend. The $0.80 annual rate equals about a 5.2% yield at the current price. The Oct 26 Q3 results day brought the period's largest volume (3.27M shares versus roughly 1.0-1.6M on typical days), but the close was only marginally higher and VWAP ($15.49) sat above the close, suggesting intraday selling into the report. Since then, volume has faded to about 845K on Nov 10, which points to waning interest. DA Davidson raised its target to $16 on Oct 28 but kept a Neutral rating, implying about 4% upside from current levels. The filings do not include the Q3 figures, guidance, or the 10-Q text (filed Nov 5), so fundamental conclusions rest on limited information. Upcoming catalysts are the Hovde conference presentation on Nov 5, which has passed, and future quarterly results.
News behind the analysis
- Northwest Bancshares to Go Ex-Dividend on November 5th, 2026Northwest Bancshares is scheduled to go ex-dividend on November 5, 2026, with a $0.20 per share dividend payment.
- Form 8-K: Regulation FD disclosure, Hovde Financial Services ConferenceNorthwest will present at the 2026 Hovde Financial Services Conference on November 5, 2026, with the investor presentation furnished as Exhibit 99.1.
- Northwest Bancshares Price Target Raised by DA DavidsonDA Davidson raised its price target on Northwest Bancshares from $15.00 to $16.00 per share.
- DA Davidson Maintains Neutral on Northwest Bancshares, Raises Price Target to $16DA Davidson kept its Neutral rating on Northwest Bancshares while lifting its price target to $16.
- Form 8-K: Results of operations for the quarter ended September 30, 2026Northwest reported third quarter 2026 results and posted a supplemental earnings presentation; the press release text in the filing data does not include the figures.
About Northwest Bancshares, Inc
Northwest Bancshares is the holding company for Northwest Bank, a regional bank founded in 1896 and now headquartered in Columbus, Ohio. It has about $17 billion in assets and roughly 150 branches, mainly in Pennsylvania, New York, Ohio and Indiana, and grew larger after buying Penns Woods Bancorp in 2025. It has paid a dividend every quarter for more than 30 years, currently $0.20 a share each quarter.
How it makes money
Most of its revenue, very roughly three-quarters or more, is net interest income. That is the gap between the interest it earns on about $13 billion of loans and the interest it pays on about $14 billion of deposits. Its loans include home mortgages, consumer loans, commercial real estate and a fast-growing book of business (commercial and industrial) loans. The rest comes from fees, including deposit account and card fees, wealth management and trust services, insurance commissions and gains on selling mortgages.
What usually moves NWBI
- Interest rates and net interest margin (recently about 3.7%)
- Deposit costs and competition for deposits
- Loan growth, especially business lending
- Credit quality and loan-loss provisions
- Merger integration and costs of expanding into Columbus