Louis J. Torchio net worth and biography

Louis Torchio Biography and Net Worth

President, CEO & Director of Northwest Bancshares

Louis J. Torchio serves as Senior Executive Vice President - Retail Lending of the Company. Mr. Louis J. Torchio has been employed by Northwest Bank since 2018 and currently serves as Executive Vice President, Retail Lending. Prior to joining Northwest Bank, Mr. Torchio served as Senior Vice President of Residential and Consumer Lending at Delaware County Bank for two years and prior to that served as Executive Vice President at CNB Bank. He also has served in various senior leadership positions for Charter One Bank, Bank One, Prudential Home Mortgage and Mellon Bank. Mr. Torchio holds a BA degree in Business Administration and Computer Programming from Fairmont State University and a MBA degree in Finance and Financial Management Services from Franklin University.

What is Louis J. Torchio's net worth?: The estimated net worth of Louis J. Torchio is at least $2.15 million as of March 6th, 2026. Mr. Torchio owns 171,341 shares of Northwest Bancshares stock worth more than $2,154,613 as of March 26th. This net worth estimate does not reflect any other investments that Mr. Torchio may own. Learn More about Louis J. Torchio's net worth.
How do I contact Louis J. Torchio?: The corporate mailing address for Mr. Torchio and other Northwest Bancshares executives is 100 LIBERTY STREET, WARREN PA, 16365. Northwest Bancshares can also be reached via phone at (814) 726-2140. Learn More on Louis J. Torchio's contact information.
Has Louis J. Torchio been buying or selling shares of Northwest Bancshares?: During the past quarter, Louis J. Torchio has bought $42,560.00 in Northwest Bancshares stock. Most recently, on Friday, March 6th, Louis J. Torchio bought 3,500 shares of Northwest Bancshares stock. The stock was acquired at an average cost of $12.16 per share, with a total value of $42,560.00. Following the completion of the transaction, the chief executive officer now directly owns 171,341 shares of the company's stock, valued at $2,083,506.56. Learn More on Louis J. Torchio's trading history.
Who are Northwest Bancshares' active insiders?: Northwest Bancshares' insider roster includes Carey Barnum (Chief Auditor), Deborah Chadsey (Director), James Colestro (Chief Retail Lending Officer), Thomas Creal, IV (EVP), Devin Cygnar (Chief Marketing and Communications Officer), Timothy Fannin (Chairman), William Harvey (CFO), David Heeter (CEO), Timothy Hunter (Director), John Meegan (Director), Mark Paup (Director), Sonia Probst (Director), Mark Reitzes (EVP), Douglas Schosser (CFO), Louis Torchio (President, CEO & Director), David Tullio (Director), Shawn Walker (CMO), and Scott Watson (Chief Information Officer). Learn More on Northwest Bancshares' active insiders.
Are insiders buying or selling shares of Northwest Bancshares?: During the last twelve months, Northwest Bancshares insiders bought shares 5 times. They purchased a total of 20,700 shares worth more than $246,073.00. During the last twelve months, insiders at the savings and loans company sold shares 2 times. They sold a total of 8,920 shares worth more than $113,129.20. The most recent insider tranaction occured on March, 6th when CEO Louis J Torchio bought 3,500 shares worth more than $42,560.00. Insiders at Northwest Bancshares own 1.1% of the company. Learn More about insider trades at Northwest Bancshares.
Information on this page was last updated on 3/6/2026.

Louis J. Torchio Insider Trading History at Northwest Bancshares

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/6/2026	Buy	3,500	$12.16	$42,560.00	171,341
8/23/2023	Buy	1,352	$11.07	$14,966.64	57,298
4/26/2023	Buy	4,395	$11.31	$49,707.45	55,946
6/3/2022	Sell	440	$12.73	$5,601.20	28,113
5/31/2022	Sell	246	$12.88	$3,168.48	28,553
5/27/2022	Sell	303	$12.81	$3,881.43	28,799
5/19/2022	Sell	126	$12.53	$1,578.78	29,102
6/14/2021	Sell	427	$14.17	$6,050.59	22,118
5/26/2021	Sell	605	$13.82	$8,361.10
5/19/2021	Sell	130	$14.09	$1,831.70	15,900

Louis J. Torchio Buying and Selling Activity at Northwest Bancshares

Northwest Bancshares Company Overview

Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans, shorter term consumer loans, and loans collateralized by multi-family residential and commercial real estate; home equity loans and lines of credit; commercial business and real estate loans; commercial loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by investment accounts, as well as investment management and trust services. The company operates community banking locations in Pennsylvania, Western New York, Eastern Ohio, and Indiana. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.

Today's Range

Now: $12.58

$12.43

$12.61

50 Day Range

MA: $12.67

$12.09

$13.44

2 Week Range

Now: $12.58

$10.75

$13.62

Volume

265,903 shs

Average Volume

1,274,478 shs

Market Capitalization

$1.84 billion

P/E Ratio

13.52

Dividend Yield

6.43%

Beta

0.68