$0.22 EPS Expected for Northwest Bancshares, Inc. (NWBI); Riverview Bancorp (RVSB)’s Sentiment Is 2.04

January 17, 2018 - By Peter Erickson

Riverview Bancorp, Inc. operates as the holding firm for Riverview Community Bank that provides community banking services in the United States. The company has market cap of $194.49 million. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans. It has a 20.86 P/E ratio. The firm also provides commercial business, commercial real estate, other real estate mortgage, and real estate construction loans; and consumer loans, such as one-to-four family mortgage loans, home equity lines of credit, land loans, and other secured and unsecured consumer loans.

Analysts expect Northwest Bancshares, Inc. (NASDAQ:NWBI) to report $0.22 EPS on January, 22.They anticipate $0.03 EPS change or 12.00% from last quarter’s $0.25 EPS. NWBI’s profit would be $22.58M giving it 19.07 P/E if the $0.22 EPS is correct. After having $0.24 EPS previously, Northwest Bancshares, Inc.’s analysts see -8.33% EPS growth. The stock decreased 1.12% or $0.19 during the last trading session, reaching $16.78. About 548,824 shares traded or 17.29% up from the average. Northwest Bancshares, Inc. (NASDAQ:NWBI) has risen 6.88% since January 17, 2017 and is uptrending. It has underperformed by 9.82% the S&P500.

Northwest Bancshares, Inc. operates as a bank holding firm for Northwest Savings Bank that offers various personal and business banking solutions in the United States. The company has market cap of $1.72 billion. The firm operates through two divisions, Community Banking and Consumer Finance. It has a 17.7 P/E ratio. It offers personal and business deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts.

Since September 14, 2017, it had 0 buys, and 3 sales for $353,985 activity. On Monday, December 11 the insider Ritzert Gerald J sold $158,913. Scalise Jonathan P had sold 6,047 shares worth $104,076 on Thursday, October 26. On Thursday, September 14 the insider Young Andrew sold $90,996.

Among 7 analysts covering Northwest Bancshares (NASDAQ:NWBI), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Northwest Bancshares had 10 analyst reports since September 22, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, September 22 by Zacks. Keefe Bruyette & Woods maintained Northwest Bancshares, Inc. (NASDAQ:NWBI) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $17.5 target. RBC Capital Markets maintained the shares of NWBI in report on Monday, May 2 with “Outperform” rating. FBR Capital initiated the stock with “Market Perform” rating in Thursday, June 2 report. The rating was maintained by Keefe Bruyette & Woods on Monday, July 24 with “Hold”. Sandler O’Neill downgraded Northwest Bancshares, Inc. (NASDAQ:NWBI) on Monday, December 19 to “Sell” rating. The rating was maintained by FBR Capital with “Mkt Perform” on Wednesday, October 26. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, October 6. As per Tuesday, July 25, the company rating was maintained by Boenning & Scattergood. Wood maintained the stock with “Market Perform” rating in Tuesday, September 13 report.

Investors sentiment decreased to 0.86 in 2017 Q3. Its down 0.20, from 1.06 in 2017Q2. It fall, as 12 investors sold Northwest Bancshares, Inc. shares while 59 reduced holdings. 18 funds opened positions while 43 raised stakes. 65.40 million shares or 1.94% less from 66.69 million shares in 2017Q2 were reported. Hbk Sorce Advisory Ltd invested in 53,556 shares. Manufacturers Life Insurance Communications The has 68,914 shares. Glenmede Trust Na holds 295 shares or 0% of its portfolio. Jpmorgan Chase Co reported 154,910 shares stake. Bessemer Grp has 120,700 shares for 0.01% of their portfolio. Us Bank & Trust De reported 395 shares. Ls Inv Limited Liability Corp has 3,519 shares. Riverhead Cap Ltd Liability Co invested in 0.01% or 11,027 shares. 34,200 are held by Teachers Retirement Of The State Of Kentucky. Moreover, Ahl Partners Ltd Liability Partnership has 0.02% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 79,462 shares. Magnetar Fincl Ltd Liability invested 0.02% of its portfolio in Northwest Bancshares, Inc. (NASDAQ:NWBI). Cipher Capital L P reported 72,910 shares. Sterling Cap Mgmt Limited Liability accumulated 887,921 shares. D E Shaw & Inc owns 15,192 shares. Credit Suisse Ag holds 0% or 169,466 shares in its portfolio.

Analysts await Riverview Bancorp, Inc. (NASDAQ:RVSB) to report earnings on January, 25. They expect $0.14 earnings per share, up 55.56% or $0.05 from last year’s $0.09 per share. RVSB’s profit will be $3.04 million for 16.02 P/E if the $0.14 EPS becomes a reality. After $0.14 actual earnings per share reported by Riverview Bancorp, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 0.79% or $0.07 during the last trading session, reaching $8.97. About 54,528 shares traded. Riverview Bancorp, Inc. (RVSB) has risen 41.24% since January 17, 2017 and is uptrending. It has outperformed by 24.54% the S&P500.

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