Northwest Total Revenue vs Tax Provision 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 Total Revenue and its Tax Provision 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.

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northwest Bancshares Total Revenue account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Northwest Bancshares' Total Revenue and Tax Provision is 0.48. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Tax Provision 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' Total Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Northwest Bancshares are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Revenue i.e., Northwest Bancshares' Total Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Northwest Bancshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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.

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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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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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.
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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.