Northwest Bancshares, Inc. Price & Performance (NWBI)

The proposed sale of Penns Woods Bancorp to Northwest Bancshares is under investigation by law firm Kahn Swick & Foti. Concerns focus on whether the terms undervalue Penns Woods Bancorp, with shareholders receiving 2.385 Northwest shares per Penns share. The adequacy of the sale's price and process remains in question.12

Bank of New York Mellon Corp increased its stake in Rio Tinto Group by 6.7% during the fourth quarter, now holding shares worth nearly $4.95 million. Other institutional investors have also adjusted their positions, reflecting continued interest in the mining giant despite market fluctuations.34

Global Federal Credit Union has received final regulatory approval for its acquisition of First Financial Northwest Bank. The deal, set to close in early Q2 2025, will lead to the bank winding up operations and distributing remaining assets to shareholders, while expanding Global's banking footprint in Washington.56