NASDAQ:NWBI

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Northwest Bancshares Stock Nears 52-Week High After Insider Buy Puts NWBI Back In Focus

Northwest Bancshares shares rose 1.1% to $14.22 midday Friday after a regulatory filing showed director Timothy M. Hunter bought 10,000 shares earlier in the week. The stock traded near its 52-week high of $14.26. Northwest reported Q1 net income of $51 million and a 20-cent dividend. The KBW Nasdaq Regional Banking Index was up 0.35%.

May 29, 2026

Australian Shares Rise 0.9% Amid Inflation Data and Middle East Ceasefire Talks
May 29, 2026, 12:36 PM EDT. Australian shares rebounded 0.9% on the week as investors digested easing headline inflation, a tentative 60-day US-Iran ceasefire extension, and falling oil prices. The S&P/ASX 200 closed at 8,731.7 points, marking a second consecutive monthly rise of 0.8% in May. Mining and materials stocks led gains on expectations of reopening the Strait of Hormuz, while banks and growth stocks remained volatile amid inflation concerns. Australia's April CPI inflation slowed to 4.2% year-on-year, below forecasts, easing pressure on an immediate Reserve Bank rate hike and boosting risk appetite. Despite softer oil prices, geopolitical risks kept markets cautious, with a mixed impact on energy and travel sectors. The RBA maintains a higher-for-longer interest rate outlook due to persistent trimmed mean inflation at 3.4%.