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NWBI - Northwest Bancshares: Attractive Dividend Yield With A Positive Earnings Outlook
June, 27 2021 08:47 AM
Northwest Bancshares Inc.
Anticipated loan growth and repricing of costly time deposits will likely drive net interest income in the year ahead. The provision expense will likely return to a normal level because the allowances for loan losses appear sufficient. The dividend yield is quite attractive at 5.8%. Given the earnings outlook and historical payout trend, the current dividend level appears secure. The year-end target price suggests a high upside from the current market price. For further details see:
Northwest Bancshares: Attractive Dividend Yield With A Positive Earnings Outlook
Stock Information
Company Name:
Northwest Bancshares Inc.
Stock Symbol:
NWBI
Market:
NASDAQ
Website:
northwest.bank
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