Northwest Bancshares recognized by Forbes
WARREN – Northwest Bancshares Inc., the parent company of Northwest Savings Bank, has been recognized by Forbes as one of America’s 50 Most Trustworthy Financial Companies.
In determining the most trustworthy publicly-traded companies in North America, Forbes employs GMI Ratings, an independent proprietary ratings provider and investment adviser. GMI assigns each company an accounting and governance risk score based on factors such as high-risk events, revenue and expense recognition methods, SEC actions and bankruptcy risk.
The 50 companies named to this year’s list have the highest scores for the past four quarters of the fiscal year.
Northwest Savings Bank operates 165 community banking locations in Pennsylvania, New York, Ohio and Maryland.