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Northwest Bancshares acquires Penns Woods Bancorp

PUBLIC · NWBIJul 28, 2025

Acquiring Company

Northwest Bancshares

Acquired Company

Penns Woods Bancorp

WarrenWilliamsportFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingNon Profit

Description

Northwest Bancshares, Inc. has completed the acquisition of Penns Woods Bancorp, Inc. effective July 25, 2025. This merger enhances Northwest's presence in Pennsylvania by adding 21 branch locations. Richard A. Grafmyre of Penns Woods has joined the Board of Directors of Northwest. Customers and operations of the acquired banks have been rebranded under the Northwest Bank name.

Quick answer

Northwest Bancshares is acquiring Penns Woods Bancorp, announced July 28, 2025. Northwest Bancshares is based in Warren, Pennsylvania, United States.

How much did Northwest Bancshares pay for Penns Woods Bancorp?
The deal value was not disclosed.
What does Northwest Bancshares do?
Northwest Bancshares, Inc. is the bank holding company of Northwest Bank.
Where are Northwest Bancshares and Penns Woods Bancorp based?
Northwest Bancshares is based in Warren, Pennsylvania, United States. Penns Woods Bancorp is based in Williamsport, Pennsylvania, United States.
Who are the decision-makers at Northwest Bancshares?
Fundz holds 1 contact at Northwest Bancshares. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Northwest Bancshares

Location

Warren, Pennsylvania, United States

About

Northwest Bancshares, Inc. is the bank holding company of Northwest Bank. Founded in 1896 and headquartered in Warren, Pennsylvania, Northwest Bank is a full-service financial institution offering a complete line of business and personal banking products, as well as treasury management solutions and wealth management services.

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Frequently asked

Who acquired Penns Woods Bancorp?

Penns Woods Bancorp was acquired by Northwest Bancshares, based in Warren. The deal was reported on July 28, 2025. Northwest Bancshares, Inc. is the bank holding company of Northwest Bank. Northwest Bancshares is publicly traded (NWBI) and operates in Financial Services.

When did Northwest Bancshares acquire Penns Woods Bancorp?

Northwest Bancshares's acquisition of Penns Woods Bancorp was reported on July 28, 2025. Northwest Bancshares, Inc. has completed the acquisition of Penns Woods Bancorp, Inc. effective July 25, 2025. This merger enhances Northwest's presence in Pennsylvania by adding 21 branch locations. Richard A. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Penns Woods Bancorp do?

Penns Woods Bancorp, Inc. is the holding company for Jersey Shore State Bank and offers a full range of financial services to individuals, business customers, government entities, and non-profit organizations. It is privately held, operating in Financial Services, and is based in Williamsport.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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