Updated
The most significant concentration Northwest Bancshares discloses is residential and commercial real estate lending, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
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Source: Northwest Bancshares’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1A: 'we have a concentration in residential and commercial real estate lending, as such loans represent a combined 342% of total bank capital as of December 31, 2025'”
“10-K Item 1A: '39% of our loan portfolio was secured by properties located in Pennsylvania'”
“10-K Item 1: 'commercial real estate loans totaled $3.3 billion, or 26% of gross loans'”
“10-K Item 1A: '10% of our loan portfolio was secured by properties located in New York'”
The company's concentration profile is dominated by a high-share exposure to residential and commercial real estate lending, where the combined loan portfolio in these two categories represents 342% of total bank capital as of December 31, 2025. This is the defining concentration for the institution: real estate lending at that capital multiple is structurally embedded in the business model and reflects the composition of the bank's core balance sheet. The character is structural — this is a community and regional bank with a lending focus that is deliberate and sustained rather than a temporary skew. Within the real estate portfolio, the geographic and product-type sub-concentrations are moderate. Pennsylvania accounts for 39% of the loan portfolio secured by real property, a medium-share geographic concentration reflecting the institution's primary operating footprint. Commercial real estate loans specifically totaled $3.3 billion, or 26% of gross loans, also a medium-share sub-concentration within the broader real estate book. New York accounts for 10% of the property-secured loan portfolio, a low-share geographic position. Together, these disclosures describe a bank whose balance sheet is heavily weighted toward real estate — particularly in Pennsylvania — with a meaningful commercial real estate sub-segment. The primary risk variable is regional real estate market health in Pennsylvania, with secondary exposure to commercial property values broadly.
For the engine’s reasoning on NWBI’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ASB | Associated Banc-Corp | 2 | 3 | 0 | 5 |
| BANC | Banc of California, Inc. | 2 | 0 | 0 | 2 |
| NWBI● | Northwest Bancshares, Inc. | 1 | 2 | 1 | 4 |
| AX | Axos Financial, Inc. | 1 | 1 | 0 | 2 |
| AUB | Atlantic Union Bankshares Corpo | 0 | 3 | 0 | 3 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.