Northwest Bancshares, Inc. operates as the holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans and loans collateralized by multi-family residential and commercial real estate; commercial business loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by deposit accounts. The company also offers investment management and trust services. As of December 31, 2021, it operated 170 community-banking locations in Pennsylvania, Western New York, Eastern Ohio, and Indiana. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.
P/S ratio for Northwest Bancshares, Inc. (NWBI)
P/S ratio as of 2023: 2.25
According to Northwest Bancshares, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.25. At the end of 2022 the company had a P/S ratio of 3.33.
P/S ratio history for Northwest Bancshares, Inc. from 1994 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.25 |
| 2022 | 3.33 |
| 2021 | 3.52 |
| 2020 | 2.94 |
| 2019 | 3.81 |
| 2018 | 4.04 |
| 2017 | 3.85 |
| 2016 | 4.59 |
| 2015 | 3.84 |
| 2014 | 3.62 |
| 2013 | 4.21 |
| 2012 | 3.55 |
| 2011 | 3.82 |
| 2010 | 3.99 |
| 2009 | 4.32 |
| 2008 | 3.74 |
| 2007 | 5.72 |
| 2006 | 6.15 |
| 2005 | 0.00 |
| 2004 | 5.00 |
| 2003 | 5.62 |
| 2002 | 4.62 |
| 2001 | 4.21 |
| 2000 | 3.88 |
| 1999 | 2.72 |
| 1998 | 4.88 |
| 1997 | 8.28 |
| 1996 | 4.49 |
| 1995 | 3.83 |
| 1994 | 3.31 |