Top 10 Defensive Stocks To Buy For 2015

Top 10 Defensive Stocks To Buy For 2015: Northwest Bancshares Inc.(NWBI)

Northwest Bancshares, Inc. operates as the holding company for Northwest Savings Bank that offers various banking and consumer finance services. The company offers consumer and commercial deposits, such as checking accounts, savings accounts, money market deposit accounts, term certificate accounts, and individual retirement accounts. Its loan portfolio comprises one- to four-family residential real estate loans, multifamily residential and commercial real estate loans, home equity loans and lines of credit, and commercial business loans, as well as consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by deposit accounts. It also offers trust, investment management, actuarial and benefit plan administration, brokerage services, title insurance, and municipal bonds, as well as involves in the ownership and operation of properties. As of December 31, 2009, the company operated 171 community-banking of fices in northwest, southwest, and central Pennsylvania; western New York; eastern Ohio; Maryland; and southeastern Florida. It also operated 51 consumer finance offices in Pennsylvania. The company was founded in 1896 and is headquartered in Warren, Pennsylvania.

Advisors' Opinion:

• [By Rich Duprey]

  Northwest Bancshares (NASDAQ: NWBI  ) announced today that it will be paying a special dividend of $0.12 per share in May tosupplement the regular dividend for the first quarter of 2013, which it prepaid back in December in a bid toaccelerate the distribution of cashto help shareholders offset some of the risk of higher taxes.

• [By Tim Melvin]

  The financial crisis bought an end to the takeover activity, but as the industry has recovered and valuations have stabilized we should once again see the former thrifts become too tempting for growth-starved larger banks to ignore. It is a wort! hwhile exercise to look at some older thrift conversions that may be beyond their “sell by” dates.

  Northwest Bancshares(NWBI)

  Northwest Bancshares (NWBI) did its conversion offering back in 2009, right near the bottom of the financial crisis. The bank has 65 community banking offices in central and western Pennsylvania, western New York, eastern Ohio, and Maryland as well as 52 consumer finance offices in Pennsylvania. The bank has an above-average equity-to-assets ratio of 13.42, and nonperforming assets are just 1.59% of total assets. That puts NWBI in solid financial shape.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-defensive-stocks-to-buy-for-2015-3.html