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home / news releases / NWBI - Northwest Bancshares: Large Reserve Build To Help Earnings This Year

NWBI - Northwest Bancshares: Large Reserve Build To Help Earnings This Year

Northwest Bancshares Inc.
  • The provision expense for loan losses will likely fall this year because the allowance level is already quite high compared to the charge-offs.
  • A greater average loan balance this year compared to last year will drive net interest income.
  • The risk level has declined, but it is still somewhat above normal due to the pandemic and NWBI’s exposure to hotels and retail buildings.
  • The dividend yield is quite high. However, the potential stock price upside is low.

For further details see:

Northwest Bancshares: Large Reserve Build To Help Earnings This Year
Stock Information
Company Name: Northwest Bancshares Inc.
Stock Symbol: NWBI
Market: NASDAQ
Website: northwest.bank
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