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Northwest Bancshares acquires Penns Woods Bank

PUBLIC · NWBIJan 27, 2026

Acquiring Company

Northwest Bancshares

Acquired Company

Penns Woods

WarrenWilliamsportFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Northwest Bancshares has completed its largest acquisition to date by integrating Penns Woods into its operations. This strategic move positions Northwest as one of the top 100 US bank holding companies. The transaction is expected to result in significant cost reductions and expanded service offerings. As the integration progresses, investors will be closely monitoring operational efficiencies and service quality.

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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?

Penns Woods was acquired by Northwest Bancshares, based in Warren. The deal was reported on January 27, 2026. 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?

Northwest Bancshares's acquisition of Penns Woods was reported on January 27, 2026. Northwest Bancshares has completed its largest acquisition to date by integrating Penns Woods into its operations. This strategic move positions Northwest as one of the top 100 US bank holding companies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Penns Woods do?

Penns Woods is a financial services company that offers a range of banking products and services. It focuses primarily on serving customers in the local area, and is well-regarded for its customer-oriented approach. It is privately held, operating in Financial Services, and is based in Williamsport.

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