Northwest Bancshares (NWBI) Restructuring Costs (2015 - 2020)
Northwest Bancshares' (NWBI) quarterly Restructuring Costs came in at $7.2 million in Q4 2020, up 549.73% YoY from $1.1 million in Q1 2020, and up 411.88% on a QoQ basis from $1.4 million in Q3 2020.
Northwest Bancshares (NWBI) Restructuring Costs (2015 - 2020) Analysis & Trends
Northwest Bancshares (NWBI) has 6 years of Restructuring Costs data on file, last reported at $7.2 million in Q4 2020.
- Quarterly Restructuring Costs rose 549.73% year-over-year to $7.2 million in Q4 2020, while the trailing twelve-month figure through Dec 2020 was $20.8 million (up 398.78% YoY) and the FY2020 annual result came in at $20.8 million, up 398.78% from the prior year.
- Restructuring Costs improved to $7.2 million in Q4 2020, from $1.4 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $9.7 million in Q2 2020 to a low of $23000.0 in Q3 2019.
- A 5-year average of $2.2 million and a median of $1.1 million in 2019 frame the typical range for Restructuring Costs.
- Annual changes were most pronounced in 2019 — Restructuring Costs plunged 87.63% — and 2020, when it jumped 6047.83%.
- Tracing NWBI's Restructuring Costs over 5 years: stood at $1.0 million in 2016, then tumbled by 83.75% to $164000.0 in 2017, then jumped by 165.24% to $435000.0 in 2018, then jumped by 156.09% to $1.1 million in 2019, then jumped by 549.73% to $7.2 million in 2020.
- The last three Restructuring Costs figures came in at $7.2 million (Q4 2020), $1.4 million (Q3 2020), and $9.7 million (Q2 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | Northwest Bancshares | 2.24 Bn | -468.21 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 7.24 Mn |
| Sep 30, 2020 | 1.41 Mn |
| Jun 30, 2020 | 9.68 Mn |
| Mar 31, 2020 | 2.46 Mn |
| Dec 31, 2019 | 1.11 Mn |
| Sep 30, 2019 | 23,000.00 |
| Jun 30, 2019 | 1.11 Mn |
| Mar 31, 2019 | 1.93 Mn |
| Dec 31, 2018 | 435,000.00 |
| Sep 30, 2018 | 186,000.00 |
| Jun 30, 2018 | 393,000.00 |
| Dec 31, 2017 | 164,000.00 |
| Sep 30, 2017 | 1.40 Mn |
| Jun 30, 2017 | 2.63 Mn |
| Mar 31, 2017 | 223,000.00 |
| Dec 31, 2016 | 1.01 Mn |
| Sep 30, 2016 | 7.18 Mn |
| Jun 30, 2016 | 3.39 Mn |
| Mar 31, 2016 | 635,000.00 |
| Dec 31, 2015 | 1.35 Mn |