---
title: "Northwest Bancshares, Inc. acquires Penns Woods Bancorp, Inc. Bank holding companies for multiple banks."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250407744.md"
description: "COLUMBUS, Ohio, July 28, 2025 - Northwest Bancshares, Inc. (\"Northwest\") and Penns Woods Bancorp, Inc. (\"Penns Woods\") have entered into an agreement for acquisition. Northwest trades under NASDAQ as NWBI while Penns Woods is listed as PWOD. Northwest Bank is the subsidiary of Northwest Bancshares, and Penns Woods operates Jersey Shore State Bank and Luzerne Bank. This strategic move is significant in the banking sector, marking a new chapter for both entities as they unite their strengths and resources in a merger."
datetime: "2025-07-28T11:33:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250407744.md)
  - [en](https://longbridge.com/en/news/250407744.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250407744.md)
generator: "portal-rs"
---

# Northwest Bancshares, Inc. acquires Penns Woods Bancorp, Inc. Bank holding companies for multiple banks.

COLUMBUS, Ohio, July 28, 2025 - Northwest Bancshares, Inc. ("Northwest") and Penns Woods Bancorp, Inc. ("Penns Woods") have entered into an agreement for acquisition. Northwest trades under NASDAQ as NWBI while Penns Woods is listed as PWOD. Northwest Bank is the subsidiary of Northwest Bancshares, and Penns Woods operates Jersey Shore State Bank and Luzerne Bank. This strategic move is significant in the banking sector, marking a new chapter for both entities as they unite their strengths and resources in a merger.

### Related Stocks

- [PWOD.US](https://longbridge.com/en/quote/PWOD.US.md)
- [NWBI.US](https://longbridge.com/en/quote/NWBI.US.md)

## Related News & Research

- [Northwest Bank plans headquarters relocation to Dublin, Ohio by 1H 2029](https://longbridge.com/en/news/296918623.md)
- [Should Northwest Bancshares' (NWBI) Early Subordinated Debt Redemption Reframe How Investors View Its Capital Strategy?](https://longbridge.com/en/news/296695149.md)
- [Northwest Bancshares director Charles E. Kranich reports $24,983 common share purchase](https://longbridge.com/en/news/296534636.md)
- [Is Northwest Bancshares (NWBI) Fairly Valued On Its Note Redemption News?](https://longbridge.com/en/news/296377729.md)
- [Northwest Bancshares redeems subordinated notes on Sept. 15](https://longbridge.com/en/news/296141032.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**