Northwest Bancshares, Inc. to Acquire Penns Woods Bancorp, Inc. Strengthening Regional Presence
Acquiring Company
Northwest Bancshares
Acquired Company
Penns Woods Bancorp
WarrenWilliamsportFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingNon ProfitDescription
Northwest Bancshares, Inc. has announced an agreement to acquire Penns Woods Bancorp, Inc., aligning with its strategic growth plan to expand its regional presence. This acquisition will enhance Northwest Bancshares, Inc.'s ability to provide a wider range of financial services and strengthen its community-focused approach in the central Pennsylvania region.
Quick answer
Northwest Bancshares is acquiring Penns Woods Bancorp, announced December 17, 2024. 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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Who to call at Northwest Bancshares, and when
When Northwest Bancshares changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Northwest Bancshares raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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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 December 17, 2024. 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 December 17, 2024. Northwest Bancshares, Inc. has announced an agreement to acquire Penns Woods Bancorp, Inc., aligning with its strategic growth plan to expand its regional presence. 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.
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