Northwest Bancshares, Inc. (NWBI)

Prev Close 14.11
Day Low/High 13.28 / 13.81
52 Wk Low/High 11.80 / 15.48
Exchange NASDAQ
Shares Outstanding 126.56B
Market Cap 1.79B
P/E Ratio 23.90
Div & Yield N.A. (N.A)

Latest News

Buy Into Northwest Bancshares as It Tops 40-Week Moving Average

Buy Into Northwest Bancshares as It Tops 40-Week Moving Average

Go long NWBI and buy more if it can break out over $15. Use a sell-stop at $12.75 for now.

Why Northwest Bancshares Is Resilient

For those who still own Northwest Bancshares (NWBI), Keefe Bruyette speculated earlier this week about the bank being a takeover target. That might explain the stock's resilience. More next week.

Further Exposure Reduction

Sold out of NWBI, cut some POT and C. I have sold my very small long in Northwest Bancshares (NWBI) (for a modest gain) and reduced Potash (POT) and Citi (C) in keeping with my desire to reduce my gross exposure into the New Year. POT and C remain o...

Back Buying Northwest

This is a conservative holding.  I am back buying Northwest Bancshares (NWBI) based on the following considerations:  * The price of crude may be bottoming -- NWBI is positioned in Western Pennsylvania's shale country.  * The recent add-on acquisiti...

Sleep-Well Community Bank Holdings

Safe holdings in turbulent markets.

Housekeeping Items

Some updates on Friday's trades Since I was out on Friday on research assignments, I wanted to update my portfolio changes made late that day -- mostly into the teeth of the steep market decline. Most of these changes were detailed in my Columnist C...

Reducing my Northwest Position

Oil's drop undercuts one reason to own it. The conspicuous drop in the price of crude oil undercuts one of the reasons for owning regional bank, Northwest Bancshares (NWBI). While I don't see much of a downside to the shares in light of the cash div...

Today's Trades

Today's trades recap. I added to the following shorts: LNC $57.45, MET $55.79,  IWM $118.19,  AAPL $118 68, CAT $105.90 and JPM $60.30.  I am still bidding for NWBI and OAK.

Bidding for Banks

I am bidding (slightly below the market) for Oaktree (OAK) and Northwest Bancshares (NWBI) today.

Going Back to a Net Short in Banks

On the group's recent strength. I am planning to return to a net-short position on banks over the next few days on the recent sector strength. I will do this by adding further to my JPMorgan Chase (JPM) short against my longs in Citigroup (C) and No...

Puzzling Strength in Banks

A little mystifying. Banks are conspicuously strong at the get-go -- but I am not sure why.

Adding to My Short Book

I am adding further to my short book. I have shorted more JPMorgan (JPM) against my Citi (C) and Northwest Bancshares (NWBI) longs to go net short banks.

Shorting JPMorgan Again

Back to a neutral rating in banks. I have again shorted JPMorgan Chase (JPM) at $61.30, against my Citigroup (C) and Northwest Bancorp (NWBI) longs. So I am back to a neutral weighting in banks.

JPMorgan Covered

A hedge against my bank longs. I have covered my JPMorgan Chase (JPM) short, which served as a hedge against Citigroup (C) and Northwest Bancshares (NWBI) longs.

Hedging on Banks

For the third time in several months. For the third time in the last few months, I'm hedging my Northwest Bancshares (NWBI) and Citigroup (C) longs with a JPMorgan Chase (JPM) short at $58.37. The first two times were profitable, so I am hopeful! I ...

Best Idea Update: Northwest Bancshares

My expectations going into next year. As promised, I'll be describing my specific price expectations for the balance of the year for each long position on my Best Ideas list. The forecasts that I make are within the context of a cautious and negativ...

Banks Are Strong

Banks are strong. I am holding into tomorrow's earnings reports.

Northwest Bancshares is Acting Better

As noted recently, I have been accumulating more Northwest Bancshares (NWBI). The shares are starting to act better, along with the sector. Safe long-term investment, reasonable dividend yield and a thoughtful capital allocation program.

Added So Far

 Thus far I have added small to my OAK, C and NWBI longs today.

What I'm Adding

I remain net short.  At current prices I am an add-on buyer of Northwest Bancshares (NWBI), Yahoo! (YHOO) and Oaktree (OAK). Also, Citi (C) at $50.50 and Bon-Ton (BONT) at $8.50. I remain net short and plan on adding to my short bond position today.

First Bids of the Day

I am bidding $40 for Yahoo! (YHOO) and $11.95 for Northwest Bancshares (NWBI). First bids of the day.

From The Street of Dreams

Regional investment boutique Boenning & Scattergood upgraded Northwest Bancshares (NWBI) to Outperform, with a $14 price target this morning: Quality at a Reasonable Price Investment Conclusion: Northwest's stock price decline (approximately 7.5%, s...

Updates on My Bank Trades

Covered one short, long two others. I have covered my JPMorgan Chase (JPM) short (for a small loss). I am long Citigroup (C) and Northwest Bancshares (NWBI) in the bank sector -- net long.

The 'Real Money' Fantasy Team

Applying a systematic, game-theory approach to trading.

This Morning's Market Setup

Where it began. Jack Nicklaus was once asked to rate several famous courses on a scale of difficulty from 1 to 10. He rated Augusta National, St. Andrews, Oak Hill and Seminole all 8s, and Pebble Beach and Baltusrol each got a 10. How about Winged F...

Financials Look Strong

Remarkably strong move in financials today, led by the money center banks. It's remarkable considering weak European economic data, mixed U.S. economic data (spotty data points in bank-dependent housing) and lower 10- and 30-year yields in Treasurie...

What I'd Buy, Part Deux

What smaller-cap stocks tempt me. Monitise (MONI.L/MONIF) and Northwest Bancshares (NWBI) tempt me on the long side.

Northwest Bancshares Earnings

A slight miss was a function of a larger-than-expected loan-loss provision. Northwest Bancshares (NWBI) reported earnings just now. On a quick look, a slight ($0.02 a share) miss was a function of a larger-than-expected loan-loss provision, with all...