Credit and interest ratesnegative · 4 filings
“This increase was attributable to the acquisition of long-term borrowings from Penns Woods.”10-Q · May 7, 2026 ↗
Northwest Bancshares, Inc.
NWBI
Market read
Northwest Bancshares, Inc.'s move is spreading beyond its market group.
NWBI accounts for 10.3% of the group's measured movement across 8.0 effective names. all 9 measured members are rising in raw terms, but 9 of 9 session-normalized paths align to the upside. Capital-flow agreement is 26%, so confirmation is not yet clean. No verified headline preceded the measured group move.
MOVE ANATOMY
Session-normalized 5m pathsIs this move genuinely shared?
Role in the moveAligned contributor#6 of 9 by movement share
Group movement share10.3%Absolute path energy—not portfolio weight
Relative path+1.53%aligned
Effective breadth8.0 / 9broad
Relative alignment9/9upside path · 0 counter-moving
Capital-flow agreement26%not yet clean
SEQUENCE READ
PEBO, BKU, EBC moved materially before NWBI. NWBI crossed its material path threshold at 10:45 ET. FCF, PFS followed.
EVIDENCE COVERAGE
8 of 9 members in Regional Banks are active. No disclosed relationship network is available for this name; the confirmation read above is market-derived.
What would change this read
Watch this read- At least 6 of 9 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- HFWA remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 3 of 9 members or fewer.
Research brief
The story so far
NWBI accounts for 10.3% of the group's measured movement across 8.0 effective names. all 9 measured members are rising in raw terms, but 9 of 9 session-normalized paths align to the upside. Capital-flow agreement is 26%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 6 of 9 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- HFWA remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods0
Price observations334
Usable filing statements117
Verified relationships0
Evidence supporting the case
No qualifying supportive evidence was identified.
Evidence challenging the case
- Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Oct 1, 2026
14.986m+22.7%12m+17.1%24m—
What management says matters
Persistent and emerging business drivers
Restructuring and cost reductionsnegative · 2 filings
“This increase was primarily attributable to an increase in merger, asset disposition and restructuring expense of $37 million, and a $3 million increase in other operating expense that is attributable to an increase in intangible amortization expense from the…”10-K · Feb 25, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales — · EV/sales —. Comparisons use only industry-matched filing peers.
Scenario scaffold
Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.
Price action
How the market is pricing the story
15.21+2.6% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 2 Oct, 15:45 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for NWBI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for NWBI. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind NWBI
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
NWBI is currently a Early Follower in the organic co-movement group Regional Banks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.