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Northwest Bancshares Appoints New Chairman Timothy M. Hunter

Story Highlights
  • Northwest Bancshares appointed Timothy M. Hunter as Chairman on May 12, 2025.
  • The leadership change aims to support Northwest’s growth and upcoming merger with Penns Woods.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Northwest Bancshares ( (NWBI) ) has shared an announcement.

On May 12, 2025, Northwest Bancshares, Inc. announced a leadership transition with Timothy M. Hunter appointed as the new Chairman of the Board, succeeding Timothy B. Fannin, who stepped down in anticipation of his retirement in 2026. The transition marks a significant moment for the company, which is on track to becoming a Top 100 US bank by assets, with a merger with Penns Woods expected to close in late July. This leadership change is seen as a strategic move to continue the company’s growth trajectory, leveraging Hunter’s extensive business experience and previous roles within the company.

The most recent analyst rating on (NWBI) stock is a Sell with a $12.00 price target. To see the full list of analyst forecasts on Northwest Bancshares stock, see the NWBI Stock Forecast page.

Spark’s Take on NWBI Stock

According to Spark, TipRanks’ AI Analyst, NWBI is a Outperform.

Northwest Bancshares demonstrates robust financial performance with strong revenue growth and strategic advancements, such as the Penns Woods Bancorp merger. Despite pressures on profitability margins and cash flow challenges, the stock’s attractive valuation and a positive outlook from recent earnings call enhance its appeal. However, caution is advised due to technical indicators signaling potential overbought conditions and economic uncertainties that could impact future performance.

To see Spark’s full report on NWBI stock, click here.

More about Northwest Bancshares

Headquartered in Columbus, Ohio, Northwest Bancshares, Inc. is the bank holding company of Northwest Bank. Founded in 1896, Northwest Bank is a full-service financial institution offering a complete line of business and personal banking products, as well as employee benefits and wealth management services. Currently, Northwest operates 130 full-service financial centers and eleven free-standing drive-up facilities in Pennsylvania, New York, Ohio, and Indiana. Northwest Bancshares, Inc.’s common stock is listed on the NASDAQ Global Select Market (“NWBI”).

Average Trading Volume: 830,381

Technical Sentiment Signal: Buy

Current Market Cap: $1.59B

Find detailed analytics on NWBI stock on TipRanks’ Stock Analysis page.

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