Northwest Bancshares Valuation: Undervalued or Overvalued?

Northwest Bancshares (NWBI) has seen a 2.4% increase in share price over the past year, but a decline over the past month. The stock has a 30-day return of -7.72% and a 1-year total shareholder return of 9.59%. With a preferred P/E of 14.3x, the company is considered expensive compared to US bank peers. However, a DCF model indicates the shares are undervalued based on projected cash flows, with an estimated fair value of $25.69 per share.