Northwest Bancorp Newswire

Northwest Bancorp Newswire

Comprehensive Real-Time News Feed for Northwest Bancorp.

Results 1 - 20 of 51 in Northwest Bancorp

  1. Northwest Bancshares Lowered to "Hold" at ZacksRead the original story

    Saturday |

    According to Zacks, "Northwest Bancorp, Inc. is a bank holding company whose sole activity is the ownership of all of the issued and outstanding common stock of Northwest Savings Bank and the majority ownership of Jamestown Savings Bank. Northwest Savings Bank is a stock savings bank.


  2. Morgan Bank merges with Northwest Bancshare Inc.Read the original story w/Photo

    Saturday Aug 22 | Hudson Hub-Times

    Morgan Bank, which has offices in Hudson and Stow and was a division of Lorain National Bank, announced Aug. 14 that it merged with Northwest Bancshare Inc. in a $179 million venture. "We are pleased to announce the completion of our merger with LNB Bancorp, Inc. and The Lorain National Bank," William J. Wagner, president and chief executive officer of Northwest Bancshares Inc. said in a company press release.


  3. Insider Selling: Northwest Bancshares insider Sells 1,500 Shares of StockRead the original story

    Tuesday Aug 18 |

    Northwest Bancshares insider Julia W. Mctavish sold 1,500 shares of Northwest Bancshares stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $12.70, for a total value of $19,050.00.


  4. Northwest still on acquisition pathRead the original story w/Photo

    Monday Aug 17 | Business Journal

    Northwest Bancshares Inc. completed the biggest buy in its history Friday with the $183 million purchase of LNB Bancorp. William Wagner , chairman, president and CEO, described the conversion, completed over the weekend, as "quite challenging," but now it's got a 25-branch presence in the Cleveland area and a footprint stretching into four states, and Wagner is looking to future growth, organic and via acquisition.


  5. Northwest's Ohio deal completedRead the original story w/Photo

    Monday Aug 17 | Business Journal

    Northwest Bancshares Inc. on Friday completed its acquisition of LNB Bancorp Inc., a transaction that positions Northwest as a 182-branch bank with $9.1 billion in assets. Northwest is the ninth-largest retail bank in the Pittsburgh region.


  6. Five things to know Friday, and tough times for Charlie the Tuna in Pacific islandRead the original story w/Photo

    Friday Aug 14 | Business Journal

    We've got a shareholder advisory group's challenge to Mylan's bid for Perrigo, a new deal for a bank, and potential job losses at a Pittsburgh-based company. Institutional Shareholder Services, an influential shareholder-vote adviser, recommended that Mylan NV investors turn down the $36 billion takeover of Perrigo Co.


  7. First Northwest Bancorp Announces Retirement and Nomination of a DirectorRead the original story

    Monday Aug 3 | GlobeNewswire

    PORT ANGELES, Wash., Aug. 3, 2015 -- First Northwest Bancorp , the holding company for First Federal Savings and Loan Association of Port Angeles , announced that Richard "Dick" Kott will retire from the Company's and the Bank's Boards of Directors at the completion of his current term. Stephen Oliver, Chairman of the Company's and the Bank's Boards of Directors said, "Dick Kott has been a phenomenal director having served for 17 years with great skill, candor, personal honesty and integrity."


  8. Northwest Bancshares, Inc. reports USD15m net income in Q2 2015Read the original story

    Jul 22, 2015 |

    Northwest Bancshares, Inc. reported net income of USD15.3 million, or USD0.17 per diluted share for the quarter ended June 30, 2015. This represents an increase of USD2.6 million, or 20.8 percent, compared to the same quarter last year when net income was USD12.7 million, or USD0.14 per diluted share.


  9. Profit surges 21 percent for Northwest in 2QRead the original story w/Photo

    Jul 21, 2015 | Business Journal

    Northwest Bancshares announced second-quarter 2015 net income of $15.3 million, or 17 cents per share, up from $12.7 million, or 14 cents per share a year ago. Northwest (Nasdaq:NWBI, based in Warren, Pa., north of Pittsburgh, is the region's 10th biggest retail bank by deposit market share.


  10. Northwest Bancshares: Blowout Q2 Should Mean The End Of A 4% YieldRead the original story w/Photo

    Jul 21, 2015 | Seeking Alpha

    NWBI had what I view as a blowout quarter and is still an excellent 12-month/18-month hold for investors. I continue to view NWBI as a debt-like name that can be bought for its substantial carry, NWBI currently throws off a 4.33% yield.


  11. Pittsburgh bank names president for its Ohio regionRead the original story w/Photo

    Jul 20, 2015 | Business Journal

    The deal, which will expand Warren, Pa.-based Northwest's presence in northeastern Ohio, is expected to close Aug. 14. Northwest is Pittsburgh's 12th-largest bank as ranked by deposit market share. Nelson originally joined Lorain National Bank, retail subsidiary of LNB , in 2000.


  12. Know your checksRead the original story w/Photo

    Jul 18, 2015 | Weirton Daily Times

    ... Your Royalty Check" was conducted by Penn State Extension's Dan Brockett and Bud Shuffstall of Northwest Bancorp. The seminar delved into the complexities of the royalty statements, which are not uniform from company to company, and which have many ...


  13. Northwest Bancshares names Kevin Nelson to be Ohio region presidentRead the original story w/Photo

    Jul 17, 2015 | Hudson Hub-Times

    Northwest Bancshares Inc. and Northwest Bank announced in conjunction with their merger of LNB Bancorp, Inc. and Lorain National Bank, Kevin Nelson will be named Ohio Region President. The merger is expected to occur Aug. 14, 2015.


  14. Decrease in loan losses drive up Northwest Bancshares' profitsRead the original story w/Photo

    Jul 17, 2015 | Business Journal

    A reduction in the amount of money set aside to cover problem loans resulted in higher second-quarter profits for Northwest Bancshares Inc., the parent company of Northwest Savings Bank . Northwest Bancshares reported net income of $15.3 million, or 17 cents per share, for the quarter ending June 30. That's up 20.5 percent from the same three-month period last year when the Warren, Pa.-based company reported net income of $12.7 million, or 14 cents per share.


  15. Northwest Bancshares names Kevin Nelson Ohio Region president, Robert Campana directorRead the original story w/Photo

    Jul 17, 2015 | Crain's Cleveland Business

    Northwest Bancshares, Inc. and Northwest Bank have named Kevin Nelson Ohio Region president. Also, Northwest Bancshares named Robert Campana director following the announcement of Northwest's merger with LNB Bancorp, Inc. and Lorain National Bank, which is expected Aug. 14. Business headlines from Crain's Cleveland Business and other Ohio newspapers - delivered FREE to your inbox every morning.


  16. Northwest Bancshares, Inc. Announces Second Quarter 2015 Earnings and Quarterly DividendRead the original story

    Jul 16, 2015 | Sys-Con Media

    The provision for loan losses was less this quarter than in 2014. All other components of income and expense are relatively consistent with the previous year.


  17. Five things to know, and why The New York Times is all about the Steel City this weekRead the original story w/Photo

    Jul 16, 2015 | Business Journal

    Thinking about ordering out? You may want to think again. Eating at restaurants has become a bit pricey, at least when compared to home cooking, Bloomberg Business found.


  18. Northwest Bancorp. to Buy Fairfield Financial in WashingtonRead the original story w/Photo

    Jun 24, 2015 | American Banker

    Northwest Bancorp. in Spokane, Wash., has agreed to buy Fairfield Financial Holdings in Fairfield, Wash., for about $21 million in cash.


  19. Pittsburgh banks may swoop in for opportunities as Fifth Third sheds branchesRead the original story w/Photo

    Jun 23, 2015 | Business Journal

    Fifth Third Bancorp's plans to cut 100 branches and possibly 30 plots of land the Cincinnati-based financial institution acquired as sites for building more, creates a new opportunity for the growing number of Pittsburgh banks expanding westward. That includes F.N.B. Corp , First Commonwealth Financial Corp. , S&T Bancorp , Northwest Bancshares Inc. and WesBanco Inc. , all of which have entered Ohio to some degree.


  20. Northwest acquisition of Ohio bank heads for Aug. 14 closeRead the original story w/Photo

    Jun 22, 2015 | Business Journal

    A pending deal that will build the Ohio presence of one of the Pittsburgh region's largest banks cleared another hurdle. Northwest Bancshares Inc. announced plans last December to acquire LNB Bancorp Inc. in a $183.3 million stock and cash transaction.