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Director Timothy M. Hunter of Northwest Bancshares (NASDAQ:NWBI), a $1.5 billion market cap regional bank with a notable 6.87% dividend yield, acquired 10,000 shares of common stock on August 6, 2025. The shares were purchased at an average price of $11.656, with prices ranging from $11.65 to $11.66, for a total transaction value of $116,560. The purchase price represents an attractive entry point, as InvestingPro analysis suggests the stock is currently undervalued, trading at just 10.4x earnings. Following the transaction, Hunter directly owns 185,751 shares of Northwest Bancshares. The bank has maintained dividend payments for 31 consecutive years, and according to InvestingPro, 4 analysts have recently revised their earnings expectations upward.
In other recent news, Northwest Bancshares reported better-than-expected financial results for the second quarter of 2025. The company announced earnings per share of $0.30, which exceeded analyst projections of $0.28 by 7.14%. Additionally, Northwest Bancshares surpassed revenue expectations, bringing in $150.38 million compared to the anticipated $148.67 million. These figures highlight the company’s strong financial performance during the quarter. Despite the positive earnings surprise, the stock price saw only a modest increase. The earnings results have drawn attention from analysts and investors alike. These developments are part of the latest updates concerning Northwest Bancshares.
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