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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Northwest Bancshares, Inc. (NWBI) Quarterly Financial Ratios

Last 47 quarters of trend data · Financial Services · Banks - Regional

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Northwest Bancshares, Inc.'s quarterly P/E stands at 9.7x, down 23.7% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 18.4% YoY to 8.1x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →15.039.68138.2812.298.8412.6812.8772.1912.6613.578.2510.1911.57
—-23.7%+974.8%-83.0%-30.2%-6.5%+55.9%+608.3%+9.5%+4.8%-29.2%-17.2%-24.7%
P/S Ratio2.311.831.932.031.851.982.182.171.982.131.791.942.46
—-7.6%-11.1%-6.7%-6.6%-7.1%+21.8%+12.0%-19.5%-26.3%-40.3%-35.9%-31.2%
P/B Ratio1.070.930.941.000.951.041.090.880.961.020.870.891.03
—-10.5%-13.3%+13.2%-1.1%+1.7%+25.3%-1.1%-7.0%-15.0%-27.1%-19.1%-9.7%
P/FCF14.27120.4111.42—3.64—4.647.765.7010.38—16.6213.05
——+146.1%—-36.0%——-53.3%-56.4%+42.6%—+99.1%—
EV / EBITDA13.578.13148.1010.047.149.979.6333.1811.8711.748.5110.4312.97
—-18.4%+1438.0%-69.8%-39.9%-15.1%+13.2%+218.2%-8.5%-13.0%-13.2%+17.2%+115.6%
EV / EBIT13.578.13150.1510.287.2110.7311.2268.5213.3314.299.8012.0213.60
—-24.2%+1238.3%-85.0%-45.9%-25.0%+14.5%+470.2%-2.0%+0.3%-2.1%+37.4%+105.6%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Northwest Bancshares, Inc.'s operating margin was 25.2% in Q4 2025, up 23.7 pp QoQ and up 5.0 pp YoY. The trailing four-quarter average of 18.9% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 11.1% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin68.3%72.4%60.2%69.8%70.9%65.2%67.3%62.2%67.9%68.3%75.7%74.4%82.7%
—+11.1%-10.5%+12.3%+4.4%-4.6%-11.1%-16.5%-17.8%-21.7%-14.2%-18.6%-13.1%
Operating Margin18.8%25.2%1.5%21.9%27.1%20.2%21.9%3.8%20.1%19.8%27.9%25.1%27.7%
—+24.9%-93.0%+480.0%+34.9%+2.0%-21.4%-85.0%-27.6%-32.1%-18.0%-21.1%-6.0%
Net Margin14.4%19.0%1.4%16.7%20.8%15.6%16.9%3.0%15.5%15.6%21.6%19.1%21.2%
—+21.8%-91.7%+454.4%+34.2%+0.2%-21.5%-84.2%-26.9%-30.2%-16.2%-22.5%-8.6%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE7.2%2.4%0.2%2.1%2.7%2.1%2.1%0.3%1.9%1.9%2.6%2.2%2.2%
—+18.8%-91.5%+574.2%+43.4%+8.0%-18.0%-86.0%-16.2%-19.0%+3.2%-1.4%+23.1%
ROA0.8%0.3%0.0%0.2%0.3%0.2%0.2%0.0%0.2%0.2%0.3%0.2%0.2%
—+21.1%-91.2%+607.3%+49.4%+12.9%-14.6%-85.8%-15.3%-18.3%+3.2%-0.9%+21.6%
ROIC5.6%1.9%0.1%1.6%2.1%1.6%1.6%0.2%1.3%1.2%1.6%1.4%1.4%
—+21.6%-92.9%+657.3%+59.9%+27.9%-0.4%-84.5%-5.0%-24.1%-20.0%-21.6%-2.4%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Northwest Bancshares, Inc.'s Debt/EBITDA ratio is 7.4x, down from 174.3x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 15.1% YoY to 0.13x, strengthening the short-term liquidity position.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.240.240.330.270.270.280.280.310.420.410.570.580.62
—-15.2%+17.2%-13.7%-34.7%-32.8%-50.2%-46.1%-32.6%-33.2%+133.9%+131.9%+150.7%
Debt / EBITDA2.717.35174.329.807.739.758.8539.6415.2114.3214.5317.4420.20
—-24.6%+1869.1%-75.3%-49.1%-31.9%-39.1%+127.2%-24.7%-25.9%+107.0%+98.8%+113.2%
Current Ratio0.130.130.030.120.130.120.110.110.100.100.100.100.11
—+15.1%-77.3%+15.0%+23.9%+19.4%+15.1%+5.0%-7.5%-14.6%-16.1%-35.9%-48.7%
Quick Ratio0.130.130.030.120.130.120.110.110.100.100.100.100.11
—+15.1%-77.3%+15.0%+23.9%+19.4%+15.1%+5.0%-7.5%-14.6%-16.1%-35.9%-48.7%
Interest Coverage0.731.000.060.851.070.750.720.100.660.721.171.231.96
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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NWBI — Frequently Asked Questions

Quick answers to the most common questions about buying NWBI stock.

What is Northwest Bancshares, Inc.'s quarterly P/E ratio trend?

Northwest Bancshares, Inc.'s current P/E is 15.0x. The average P/E over the last 4 quarters is 42.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Northwest Bancshares, Inc.'s margins change by quarter?

Northwest Bancshares, Inc.'s current operating margin is 18.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at NWBI quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Northwest Bancshares, Inc.'s business trajectory between earnings reports.

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