Northwest Bancshares Drops 0.16% Despite Lower Expenses

Northwest Bancshares (NWBI) experienced a slight decline of 0.16% in today's trading session.

The backtest shows a positive return performance over the past 5 years of buying NWBI shares after the stock reached a recent peak and holding for 1 week. The strategy yielded a total return of 28.47%, with an annualized return of 5.28%. This indicates that investors could have achieved decent returns by adopting a "buy and hold" approach after identifying peaks in the stock price.

In the 2025 Q1 earnings call, Northwest Bancshares reported a 3.8% decrease in non-interest expenses compared to the previous quarter. This reduction was primarily due to lower processing expenses and merger-related costs, which could positively impact the stock price by improving the company's financial performance.

Additionally, earnings estimates for Northwest Bancshares have been moving higher, indicating potential growth and increased attractiveness for investors. This upward revision in earnings estimates could lead to increased buying interest and a rise in the stock price, as investors anticipate better financial performance in the future.