Northwest Bancshares (NWBI) vs OFG Bancorp (OFG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Northwest Bancshares (NWBI) has outperformed OFG Bancorp (OFG) over the past year, gaining 17.6% versus a gain of 17.5%. Over five years, OFG leads with a +97.7% price change compared with +5.5% for NWBI. Northwest Bancshares is the larger company by market cap ($2.15 billion vs $2.14 billion), about 1.0 times the size.
On valuation, OFG Bancorp trades at a lower forward P/E (9.8x vs 10.1x for Northwest Bancshares). Northwest Bancshares offers the higher dividend yield (5.45% vs 2.57%). OFG Bancorp converts more of its revenue into profit, with a net margin of 28.0% versus 19.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NWBI | OFG |
|---|---|---|
| Share price | $14.67 | $50.54 |
| Market cap | $2.15B | $2.14B |
| 1-day change | -1.21% | -0.75% |
| YTD return | +22.25% | +23.33% |
| 1-year return | +17.64% | +17.45% |
| 5-year return | +5.46% | +97.73% |
| P/E ratio (TTM) | 14.11 | 10.05 |
| Forward P/E | 10.07 | 9.81 |
| EPS (TTM) | $1.04 | $5.03 |
| Dividend yield | 5.45% | 2.57% |
| Annual dividend | $0.80 | $1.30 |
| Revenue (latest FY) | $654.67M | $731.44M |
| Revenue growth (YoY) | +25.27% | +2.78% |
| Net income (latest FY) | $126.01M | $205.10M |
| Net margin | 19.25% | 28.04% |
| 52-week high | $16.16 | $54.47 |
| 52-week low | $11.25 | $35.71 |
| Distance from 52-week high | -9.22% | -7.21% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +11.04% | +11.79% |
| Average volume | 1.02M | 268.04K |
| Shares outstanding | 146.40M | 42.27M |
| Employees | 2,183 | 2,185 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Northwest Bancshares trades at a higher earnings multiple (14.1x vs 10.0x trailing P/E).
- Northwest Bancshares offers a meaningfully higher dividend yield (5.45% vs 2.57%).
- OFG Bancorp is more profitable, keeping 28.0 cents of every revenue dollar as net income versus 19.2 cents for Northwest Bancshares.
- Northwest Bancshares grew revenue faster in its latest fiscal year (+25.27% vs +2.78%).
About Northwest Bancshares
NWBI stock →Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and commercial banking solutions in Pennsylvania, New York, Ohio, and Indiana in the United States.
Finance · Major Banks · 2,183 employees
About OFG Bancorp
OFG stock →OFG Bancorp, a financial holding company, provides a range of banking and financial services in the United States. It operates through three segments: Banking, Wealth Management, and Treasury.
Finance · Major Banks · 2,185 employees
NWBI vs OFG FAQ
Which is bigger, Northwest Bancshares or OFG Bancorp?
Northwest Bancshares (NWBI) is larger, with a market capitalization of $2.15B compared with $2.14B for OFG Bancorp (OFG).
Which stock has performed better over the past year, NWBI or OFG?
NWBI returned +17.64% over the past 12 months, compared with +17.45% for OFG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NWBI or OFG?
OFG has the lower trailing P/E at 10.0, versus 14.1 for NWBI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Northwest Bancshares or OFG Bancorp?
Northwest Bancshares has the higher yield at 5.45%, compared with 2.57% for OFG Bancorp.
Are Northwest Bancshares and OFG Bancorp in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.