Is Northwest Bancshares, Inc. (NWBI) Halal?

NASDAQ Financial Services United States $1.8B
✗ NOT HALAL
Confidence: 95/100
Northwest Bancshares, Inc. (NWBI) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
13.5
Forward: 8.8
EPS
$0.92
Dividend Yield
644.0%
Payout: 87.0%
P/B Ratio
1.0
Revenue
$652M
Growth: 25.1%
Beta
0.7
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 39.9%
Net Margin 21.0%
Return on Equity (ROE) 7.2%
Return on Assets (ROA) 0.8%

Cash Flow & Balance Sheet

Operating Cash Flow$153M
Free Cash Flow$142M
Total Debt$691M
Total Assets$16.8B

Price & Trading

Last Close$12.59
50-Day MA$12.66
200-Day MA$12.44
Avg Volume1.2M
Beta0.7
52-Week Range
$10.75
$13.62

About Northwest Bancshares, Inc. (NWBI)

CEO
Mr. Louis J. Torchio
Employees
2,104
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$1.8B
Currency
USD

Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and commercial banking solutions in Pennsylvania, New York, Ohio, and Indiana in the United States. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans, shorter-term consumer loans, and loans collateralized by multi-family residential and commercial real estate, as well as commercial business loans; residential mortgage loans; home equity loans and lines of credit; commercial real estate loans; commercial loans and financing solutions; and other consumer loans, including auto refinance loans, indirect automobile and recreational loans, unsecured personal loans, credit card loans, and loans secured by investment accounts. In addition, the company offers investment and cash management; estate and trust services; digital and online banking; certificates of deposit; credit cards; student and small business loans; private banking, planning, and investments; retirement plans; liquidity management for commercial checking and savings; treasury and wealth management; insurance; employee benefit plans; and financial planning services. It serves individuals, businesses, and charitable institutions. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.

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Frequently Asked Questions

Is Northwest Bancshares, Inc. (NWBI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Northwest Bancshares, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Northwest Bancshares, Inc.'s debt ratio?

Northwest Bancshares, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Northwest Bancshares, Inc.'s key financial metrics?

Northwest Bancshares, Inc. has a market capitalization of $1.8B, trailing P/E ratio of 13.5, and revenue of $652M. Return on equity stands at 7.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.