Northwest Bancshares, Inc. Completes Acquisition of Penns Woods Bancorp, Inc.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 28 2025
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Source: Newsfilter
Merger Completion: Northwest Bancshares, Inc. has successfully completed its merger with Penns Woods Bancorp, enhancing its banking presence in Pennsylvania by adding 21 branch locations and rebranding former banks under the Northwest Bank name.
Leadership Changes and Future Plans: Richard A. Grafmyre, CEO of Penns Woods, has been appointed to the Board of Directors of Northwest, and the company plans to discuss its second quarter financial results in an upcoming conference call on July 30, 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
