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NWBI - Northwest Bancshares: Bottom Line Will Likely Turn Back To Black
September, 29 2020 07:55 AM
Northwest Bancshares Inc.
Management’s branch consolidation plans and lower provision expense will likely drive earnings in the next year and a half. Mortgage banking revenue will likely normalize in the latter half of the year after surging in the second quarter. Risks related to credit quality and dividend payout will likely constrain the stock price in the near term. For further details see:
Northwest Bancshares: Bottom Line Will Likely Turn Back To Black
Stock Information
Company Name:
Northwest Bancshares Inc.
Stock Symbol:
NWBI
Market:
NASDAQ
Website:
northwest.bank
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