Northwest Bancshares Inc MD Stock To Go Ex-dividend Tomorrow (NWBI)

NEW YORK ( TheStreet) -- The ex-dividend date for Northwest Bancshares Inc MD (Nasdaq: NWBI) is tomorrow, January 31, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $12.48 as of 9:35 a.m. ET, the dividend yield is 3.9%.

The average volume for Northwest Bancshares Inc MD has been 504,700 shares per day over the past 30 days. Northwest Bancshares Inc MD has a market cap of $1.22 billion and is part of the financial sector and banking industry. Shares are up 1.1% year to date as of the close of trading on Friday.

Northwest Bancshares, Inc. operates as the holding company for Northwest Savings Bank that offers various banking and consumer finance services. The company has a P/E ratio of 19.4, below the average banking industry P/E ratio of 20.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Northwest Bancshares Inc MD as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, expanding profit margins, solid stock price performance and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Northwest Bancshares Inc MD Ratings Report.

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