Northwest Net Income vs Other Operating Expenses Analysis

NWBI Stock  USD 10.93  0.26  2.44%   
Northwest Bancshares financial indicator trend analysis is infinitely more than just investigating Northwest Bancshares recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northwest Bancshares is a good investment. Please check the relationship between Northwest Bancshares Net Income and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.

Net Income vs Other Operating Expenses

Net Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northwest Bancshares Net Income account and Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Northwest Bancshares' Net Income and Other Operating Expenses is 0.21. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Northwest Bancshares, assuming nothing else is changed. The correlation between historical values of Northwest Bancshares' Net Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Northwest Bancshares are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income i.e., Northwest Bancshares' Net Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Northwest Bancshares financial statement analysis. It represents the amount of money remaining after all of Northwest Bancshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Northwest Bancshares. It is also known as Northwest Bancshares overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Northwest Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northwest Bancshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.As of now, Northwest Bancshares' Sales General And Administrative To Revenue is decreasing as compared to previous years. The Northwest Bancshares' current Enterprise Value Over EBITDA is estimated to increase to 193.13, while Selling General Administrative is projected to decrease to under 121.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense27.2M28.1M46.9M75.5M
Depreciation And Amortization6.6M6.4M14.8M10.5M

Northwest Bancshares fundamental ratios Correlations

0.080.140.20.950.81-0.20.850.140.370.28-0.410.480.690.860.70.130.881.00.730.480.03-0.580.820.49-0.59
0.080.050.080.20.310.70.390.040.00.09-0.08-0.070.20.16-0.260.220.110.060.190.130.46-0.44-0.170.15-0.45
0.140.050.990.020.160.140.10.97-0.240.990.78-0.750.380.450.450.980.430.150.57-0.55-0.280.150.040.050.12
0.20.080.990.070.190.170.150.98-0.260.990.74-0.70.390.50.50.980.490.210.63-0.54-0.260.130.060.150.1
0.950.20.020.070.91-0.110.95-0.040.380.14-0.470.550.650.790.460.040.820.940.610.550.15-0.790.730.31-0.8
0.810.310.160.190.910.090.90.030.20.24-0.220.340.550.740.220.20.730.790.520.350.05-0.880.520.07-0.89
-0.20.70.140.17-0.110.090.090.14-0.710.110.31-0.24-0.410.05-0.380.25-0.13-0.21-0.07-0.510.18-0.17-0.580.07-0.18
0.850.390.10.150.950.90.090.020.270.22-0.360.410.60.770.340.150.770.830.610.440.29-0.850.530.3-0.86
0.140.040.970.98-0.040.030.140.02-0.260.970.74-0.730.340.450.560.950.40.160.59-0.57-0.280.30.050.210.28
0.370.0-0.24-0.260.380.2-0.710.27-0.26-0.17-0.590.340.720.080.24-0.230.240.370.220.870.22-0.220.640.03-0.21
0.280.090.990.990.140.240.110.220.97-0.170.67-0.650.480.550.560.970.560.290.7-0.45-0.230.080.150.190.05
-0.41-0.080.780.74-0.47-0.220.31-0.360.74-0.590.67-0.91-0.220.0-0.050.76-0.15-0.4-0.03-0.88-0.370.41-0.46-0.350.39
0.48-0.07-0.75-0.70.550.34-0.240.41-0.730.34-0.65-0.910.070.10.05-0.750.260.47-0.010.710.19-0.50.470.27-0.48
0.690.20.380.390.650.55-0.410.60.340.720.48-0.220.070.580.590.40.760.690.750.560.1-0.390.750.25-0.4
0.860.160.450.50.790.740.050.770.450.080.550.00.10.580.690.450.810.860.680.10.11-0.450.620.4-0.47
0.7-0.260.450.50.460.22-0.380.340.560.240.56-0.050.050.590.690.380.70.720.770.11-0.130.130.680.670.11
0.130.220.980.980.040.20.250.150.95-0.230.970.76-0.750.40.450.380.430.140.57-0.52-0.190.080.00.050.05
0.880.110.430.490.820.73-0.130.770.40.240.56-0.150.260.760.810.70.430.880.860.28-0.03-0.530.710.45-0.54
1.00.060.150.210.940.79-0.210.830.160.370.29-0.40.470.690.860.720.140.880.740.470.02-0.550.820.51-0.57
0.730.190.570.630.610.52-0.070.610.590.220.7-0.03-0.010.750.680.770.570.860.740.14-0.01-0.280.50.66-0.29
0.480.13-0.55-0.540.550.35-0.510.44-0.570.87-0.45-0.880.710.560.10.11-0.520.280.470.140.34-0.480.640.14-0.46
0.030.46-0.28-0.260.150.050.180.29-0.280.22-0.23-0.370.190.10.11-0.13-0.19-0.030.02-0.010.34-0.31-0.10.26-0.3
-0.58-0.440.150.13-0.79-0.88-0.17-0.850.3-0.220.080.41-0.5-0.39-0.450.130.08-0.53-0.55-0.28-0.48-0.31-0.310.041.0
0.82-0.170.040.060.730.52-0.580.530.050.640.15-0.460.470.750.620.680.00.710.820.50.64-0.1-0.310.25-0.32
0.490.150.050.150.310.070.070.30.210.030.19-0.350.270.250.40.670.050.450.510.660.140.260.040.250.04
-0.59-0.450.120.1-0.8-0.89-0.18-0.860.28-0.210.050.39-0.48-0.4-0.470.110.05-0.54-0.57-0.29-0.46-0.31.0-0.320.04
Click cells to compare fundamentals

Northwest Bancshares Account Relationship Matchups

Northwest Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.5B13.8B14.5B14.1B14.4B8.1B
Short Long Term Debt Total368.1M411.8M391.7M900.2M707.4M619.0M
Other Current Liab(93.9M)(139.7M)(140.9M)(660.3M)7.3B7.6B
Total Current Liabilities93.9M139.7M140.9M660.3M7.4B7.7B
Total Stockholder Equity1.4B1.5B1.6B1.5B1.6B924.2M
Property Plant And Equipment Net147.4M161.5M156.5M145.9M200.6M116.7M
Net Debt307.3M(324.4M)(887.5M)760.9M585.1M301.8M
Retained Earnings583.4M555.5M609.5M641.7M674.7M450.4M
Accounts Payable1.1M2.1M1.8M3.2M13.7M14.4M
Cash60.8M736.3M1.3B139.4M122.3M116.1M
Non Current Assets Total1.4B2.1B2.9B2.6B14.2B15.0B
Non Currrent Assets Other(1.4B)(2.1B)(2.9B)(2.6B)441.9M463.9M
Other Assets8.2B9.5B8.8B10.1B1.00.95
Cash And Short Term Investments880.7M2.1B2.8B1.4B2.0B2.1B
Net Receivables25.8M35.6M25.6M35.5M47.4M25.0M
Common Stock Shares Outstanding105.8M120.2M127.0M126.7M127.0M118.6M
Liabilities And Stockholders Equity10.5B13.8B14.5B14.1B14.4B8.1B
Non Current Liabilities Total275.4M274.2M252.6M243.2M5.5B5.8B
Other Stockholder Equity805.8M1.0B1.0B1.0B1.0B1.1B
Total Liab9.1B12.3B12.9B12.6B12.9B7.1B
Property Plant And Equipment Gross147.4M161.5M336.6M325.7M321.4M337.5M
Total Current Assets906.5M2.2B2.9B1.4B169.7M161.2M
Accumulated Other Comprehensive Income(36.9M)(33.5M)(37.6M)(171.2M)(149.5M)(142.0M)
Short Term Debt92.7M137.7M139.1M657.1M66.5M63.2M
Common Stock1.0M1.1M1.3M1.3M1.3M2.2M
Other Liab106.3M254.4M223.2M126.5M145.5M98.7M
Long Term Debt121.8M128.8M391.7M924.3M243.8M274.6M
Common Stock Total Equity1.0M1.1M1.3M1.3M1.1M2.1M
Short Term Investments819.9M1.4B1.5B1.2B1.0B646.3M
Inventory(87.6M)(774.1M)(1.3B)(175.3M)(13.3B)(12.7B)
Intangible Assets23.1M19.9M12.8M8.6M5.3M5.0M
Property Plant Equipment147.4M161.5M156.5M145.9M167.8M131.5M
Other Current Assets87.6M774.1M1.3B175.3M169.7M161.2M
Net Tangible Assets984.1M1.1B1.2B1.1B1.3B1.1B
Retained Earnings Total Equity583.4M555.5M609.5M641.7M738.0M601.6M
Long Term Debt Total121.8M128.8M252.6M243.2M279.6M147.0M
Capital Surpluse805.8M1.0B1.0B1.0B1.2B850.9M
Long Term Investments9.6B1.6B2.3B2.1B1.9B1.9B
Non Current Liabilities Other179.3M254.4M223.2M229.7M264.2M169.0M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northwest Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northwest Bancshares' short interest history, or implied volatility extrapolated from Northwest Bancshares options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Northwest Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northwest Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northwest Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northwest Bancshares Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.
Note that the Northwest Bancshares information on this page should be used as a complementary analysis to other Northwest Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Northwest Stock analysis

When running Northwest Bancshares' price analysis, check to measure Northwest Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northwest Bancshares is operating at the current time. Most of Northwest Bancshares' value examination focuses on studying past and present price action to predict the probability of Northwest Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northwest Bancshares' price. Additionally, you may evaluate how the addition of Northwest Bancshares to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is Northwest Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northwest Bancshares. If investors know Northwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northwest Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
0.8
Earnings Share
1.02
Revenue Per Share
4.112
Quarterly Revenue Growth
(0.03)
The market value of Northwest Bancshares is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Northwest Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northwest Bancshares' market value can be influenced by many factors that don't directly affect Northwest Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northwest Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.