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Northwest Bancshares Announces Agreement to Acquire Penns Woods Bancorp

Provided By GlobeNewswire

Last update: Dec 17, 2024

COLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Northwest Bancshares, Inc. (“Northwest”) (NASDAQ: NWBI) the bank holding company for Northwest Bank, and Penns Woods Bancorp, Inc. (“Penns Woods”) (NASDAQ: PWOD), the multi-bank holding company of Jersey Shore State Bank and Luzerne Bank, jointly announced today that they have entered into a definitive Agreement and Plan of Merger (“Agreement”) whereby Northwest will acquire Penns Woods in an all-stock transaction valued at approximately $270.4 million. Combining the two organizations will significantly enhance the combined company’s presence in North Central and Northeastern Pennsylvania.

Read more at globenewswire.com

PENNS WOODS BANCORP INC

NASDAQ:PWOD (7/25/2025, 8:18:42 PM)

After market: 30.03 +0.03 (+0.1%)

30

-0.5 (-1.64%)



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