{"schema_version":"secwatch.filing_event.v1","accession":"0001471265-24-000140","form_type":"8-K","ticker":"NWBI","cik":"0001471265","company_name":"Northwest Bancshares, Inc.","filed_at":"2024-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.530508+00:00","generated_at":"2026-05-29T02:20:03.010263+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Northwest Bancshares to acquire Penns Woods Bancorp in all-stock deal valued ~$270M","bullets":["All-stock acquisition of Penns Woods Bancorp for ~$270.4M; exchange ratio 2.385 NWBI shares per PWOD share.","Consideration valued at $34.44/share, ~139% tangible book, 12.8x LTM core earnings, 5.2% core deposit premium.","Transaction expected ~23% accretive to 2026 EPS; TBV dilution ~9%, earnback <3 years using cross-over method.","Pro forma combined assets >$17B; adds 24 branches in PA; expected close Q3 2025.","Richard Grafmyre (CEO of Penns Woods) to join Northwest board post-closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001471265-24-000140","json":"https://secwatch.observer/filing/0001471265-24-000140.json","markdown":"https://secwatch.observer/filing/0001471265-24-000140.md","text":"https://secwatch.observer/filing/0001471265-24-000140.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1471265/000147126524000140/0001471265-24-000140-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1471265/000147126524000140/nwbi-20241216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T02:20:03.010263+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}