Corporate ProfileCorporate Overview NORTHWEST BANCSHARES, INC. (NASDAQ - NWBI)
Market Value ($M)
As ofJuly 25, 2014 1:57 PM
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Northwest Bancshares, Inc. (the “Company”) is a savings and loan holding company regulated by the Board of Governors of the Federal Reserve System. The Company operates Northwest Savings Bank, a Pennsylvania-chartered savings bank headquartered in Warren, Pennsylvania. Through this subsidiary, the Company operates 166 business and personal banking locations and 267 automated teller machines (ATMs) in Pennsylvania, northeastern Ohio, western New York, and northern Maryland. The Company also operates Northwest Consumer Discount Company, with 52 consumer loan offices in Pennsylvania, Boetger & Associates, an actuarial and employee benefits consulting firm, The Bert Company, an employee benefits and property and casualty insurance firm, Veracity Benefits Design, Inc., an insurance and employee benefits firm, North¬west Financial Services, a full and discount brokerage service, and Northwest Advisors, Inc., a Registered Investment Advisor firm offering financial planning services.
The Company has operated as a community-oriented financial institution since 1896, and has demonstrated a pattern of sustained expansion resulting from strong internal growth combined with a series of mergers, acquisitions, and new office openings.
The Company's business emphasis is to:
• Solicit personal and business deposits as a primary source of funding.
• Provide high quality personal banking and business banking loans in its markets.
• Offer trust, investment management, insurance, employee benefit plans and financial planning services with a personal touch to individuals, businesses and charitable institutions.
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Investment, annuity and insurance products: i) are not deposits or other obligations of, nor are they guaranteed by, Northwest Savings Bank or its affiliates; ii) are not insured by the Federal Deposit Insurance Corporation (FDIC) or any other agency of the United States or by Northwest Savings Bank or its affiliates; and iii) are subject to investment risks, including the possible loss of value.