Northwest Bancshares Acquires Penns Woods Bancorp
July 28, 2025
Northwest Bancshares, Inc., the holding company for Northwest Bank, completed its previously announced merger with Penns Woods Bancorp, Inc. in an all-stock transaction. The deal combined Northwest with Penns Woods and its wholly owned subsidiary banks, Jersey Shore State Bank and Luzerne Bank, and rebranded the former Penns Woods bank locations under the Northwest Bank name.
- Buyers
- Northwest Bancshares, Inc.
- Targets
- Penns Woods Bancorp, Inc., Jersey Shore State Bank, Luzerne Bank
- Industry
- Financial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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