NWBI vs. PM
NWBI (Northwest Bancshares, Inc.) and PM (Philip Morris International Inc.) are both stocks. NWBI operates in Banks - Regional (Financial Services), while PM operates in Tobacco (Consumer Defensive). Over the past 10 years, NWBI returned 6.30%/yr vs 12.07%/yr for PM. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
NWBI vs. PM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NWBI achieves a 35.07% return, which is significantly higher than PM's 21.02% return. Over the past 10 years, NWBI has underperformed PM with an annualized return of 6.30%, while PM has yielded a comparatively higher 12.07% annualized return.
NWBI
- 1D
- 0.32%
- 1M
- 4.17%
- 6M
- 25.84%
- YTD
- 35.07%
- 1Y
- 43.40%
- 3Y*
- 16.19%
- 5Y*
- 10.12%
- 10Y*
- 6.30%
- ALL TIME*
- 11.06%
PM
- 1D
- -0.61%
- 1M
- 4.69%
- 6M
- 8.18%
- YTD
- 21.02%
- 1Y
- 21.34%
- 3Y*
- 30.23%
- 5Y*
- 19.22%
- 10Y*
- 12.07%
- ALL TIME*
- 12.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $19.57M | $17.34M | $17.00M | |
| $1.12B | $967.33M | $937.11M |
NWBI vs. PM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWBI Northwest Bancshares, Inc. | 35.07% | -2.86% | 12.66% | -4.38% | 4.60% | 17.77% | -18.03% | 2.36% | 5.40% | -3.53% |
PM Philip Morris International Inc. | 21.02% | 37.99% | 34.34% | -1.85% | 12.31% | 20.78% | 3.69% | 35.02% | -33.30% | 19.85% |
Correlation
The correlation between NWBI and PM is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2008 | 0.28 |
Over the past year, the correlation between NWBI and PM has dropped to 0.08 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
NWBI:
$2.30B
PM:
$297.41B
NWBI:
$1.05
PM:
$6.97
NWBI:
14.97
PM:
27.38
NWBI:
2.53
PM:
7.00
NWBI:
$905.97M
PM:
$42.55B
NWBI:
$481.09M
PM:
$28.72B
NWBI:
$133.06M
PM:
$18.20B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NWBI vs. PM — Risk / Return Rank
NWBI
PM
NWBI vs. PM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northwest Bancshares, Inc. (NWBI) and Philip Morris International Inc. (PM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NWBI | PM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.14 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 4.12 | 1.11 | +3.01 |
| Martin ratioReturn relative to average drawdown | 10.91 | 2.44 | +8.47 |
Loading charts...
Drawdowns
NWBI vs. PM - Drawdown Comparison
The maximum NWBI drawdown since its inception was -64.95%, which is greater than PM's maximum drawdown of -42.87%. Use the drawdown chart below to compare losses from any high point for NWBI and PM.
Loading charts...
Drawdown Indicators
| NWBI | PM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.95% | -42.87% | -22.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.57% | -18.54% | +7.97% |
Max Drawdown (3Y)Largest decline over 3 years | -26.56% | -20.64% | -5.92% |
Max Drawdown (5Y)Largest decline over 5 years | -32.59% | -22.78% | -9.81% |
Max Drawdown (10Y)Largest decline over 10 years | -48.65% | -42.87% | -5.78% |
Current DrawdownCurrent decline from peak | -1.01% | -4.67% | +3.66% |
Average DrawdownAverage peak-to-trough decline | -14.59% | -9.97% | -4.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 8.42% | -4.44% |
Volatility
NWBI vs. PM - Volatility Comparison
The current volatility for Northwest Bancshares, Inc. (NWBI) is 5.68%, while Philip Morris International Inc. (PM) has a volatility of 10.17%. This indicates that NWBI experiences smaller price fluctuations and is considered to be less risky than PM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NWBI | PM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | 10.17% | -4.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.32% | 22.50% | -8.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.42% | 27.90% | -4.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.31% | 23.19% | +2.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.63% | 24.64% | +1.99% |
Dividends
NWBI vs. PM - Dividend Comparison
NWBI's dividend yield for the trailing twelve months is around 5.08%, more than PM's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWBI Northwest Bancshares, Inc. | 5.08% | 6.67% | 6.07% | 6.41% | 5.72% | 5.58% | 5.97% | 4.33% | 4.01% | 3.83% | 3.33% | 4.18% |
PM Philip Morris International Inc. | 3.08% | 3.52% | 4.40% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% |
Financials
NWBI vs. PM - Financials Comparison
This section allows you to compare key financial metrics between Northwest Bancshares, Inc. and Philip Morris International Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NWBI vs. PM - Profitability Comparison
NWBI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Northwest Bancshares, Inc. reported a gross profit of 0.00 and revenue of 205.14M. Therefore, the gross margin over that period was 0.0%.
PM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Philip Morris International Inc. reported a gross profit of 7.66B and revenue of 11.19B. Therefore, the gross margin over that period was 68.4%.
NWBI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Northwest Bancshares, Inc. reported an operating income of 3.55M and revenue of 205.14M, resulting in an operating margin of 1.7%.
PM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Philip Morris International Inc. reported an operating income of 4.53B and revenue of 11.19B, resulting in an operating margin of 40.5%.
NWBI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Northwest Bancshares, Inc. reported a net income of 53.55M and revenue of 205.14M, resulting in a net margin of 26.1%.
PM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Philip Morris International Inc. reported a net income of 2.82B and revenue of 11.19B, resulting in a net margin of 25.2%.
Frequently Asked Questions
NWBI and PM have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PM has higher volatility (10.17%) compared to NWBI (5.68%). In terms of maximum drawdown, NWBI dropped -64.95% vs PM's -42.87%.
NWBI currently has the higher Sharpe Ratio (1.87 vs 0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NWBI and PM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer