- The economic reopening and addition of team members will likely boost loan growth this year.
- The upcoming maturity of costly deposits and the steepening of the yield curve will likely reduce the pressure on the net interest margin.
- The growth of non-interest expenses will likely remain subdued due to the recent branch optimization.
- The provision expense will likely decline mostly on the back of manageable credit risk.
- NWBI is offering an attractive dividend yield and a decent price upside.
For further details see:
Northwest Bancshares: Positive Earnings Outlook, Relatively High Dividend Yield