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Side-by-side financial comparison of MATTHEWS INTERNATIONAL CORP (MATW) and Northwest Bancshares, Inc. (NWBI). Click either name above to swap in a different company.

MATTHEWS INTERNATIONAL CORP is the larger business by last-quarter revenue ($284.8M vs $175.1M, roughly 1.6× Northwest Bancshares, Inc.). Northwest Bancshares, Inc. runs the higher net margin — 28.9% vs 15.3%, a 13.5% gap on every dollar of revenue.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

Northwest Bank is a bank headquartered in Warren, Pennsylvania. It is the leading subsidiary of Northwest Bancshares, Inc., a bank holding company, and operates 151 branches in Pennsylvania, Western New York, Northeast Ohio, Appalachian Ohio, and Indiana.

MATW vs NWBI — Head-to-Head

Bigger by revenue
MATW
MATW
1.6× larger
MATW
$284.8M
$175.1M
NWBI
Higher net margin
NWBI
NWBI
13.5% more per $
NWBI
28.9%
15.3%
MATW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MATW
MATW
NWBI
NWBI
Revenue
$284.8M
$175.1M
Net Profit
$43.6M
$50.5M
Gross Margin
35.0%
Operating Margin
34.2%
Net Margin
15.3%
28.9%
Revenue YoY
-29.1%
Net Profit YoY
1356.6%
EPS (diluted)
$1.39
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MATW
MATW
NWBI
NWBI
Q1 26
$175.1M
Q4 25
$284.8M
$179.9M
Q3 25
$168.2M
Q2 25
$150.4M
Q1 25
$156.2M
Q4 24
$154.3M
Q3 24
$139.1M
Q2 24
$98.0M
Net Profit
MATW
MATW
NWBI
NWBI
Q1 26
$50.5M
Q4 25
$43.6M
Q3 25
$3.2M
Q2 25
$33.7M
Q1 25
$43.5M
Q4 24
Q3 24
$33.6M
Q2 24
$4.7M
Gross Margin
MATW
MATW
NWBI
NWBI
Q1 26
Q4 25
35.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
MATW
MATW
NWBI
NWBI
Q1 26
Q4 25
34.2%
32.6%
Q3 25
2.1%
Q2 25
29.3%
Q1 25
36.2%
Q4 24
27.5%
Q3 24
31.3%
Q2 24
6.1%
Net Margin
MATW
MATW
NWBI
NWBI
Q1 26
28.9%
Q4 25
15.3%
Q3 25
1.9%
Q2 25
22.4%
Q1 25
27.8%
Q4 24
Q3 24
24.2%
Q2 24
4.8%
EPS (diluted)
MATW
MATW
NWBI
NWBI
Q1 26
$0.34
Q4 25
$1.39
$0.30
Q3 25
$0.02
Q2 25
$0.26
Q1 25
$0.34
Q4 24
$0.26
Q3 24
$0.26
Q2 24
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MATW
MATW
NWBI
NWBI
Cash + ST InvestmentsLiquidity on hand
$31.4M
$286.7M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$543.2M
$1.9B
Total Assets
$1.6B
$16.9B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATW
MATW
NWBI
NWBI
Q1 26
$286.7M
Q4 25
$31.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
MATW
MATW
NWBI
NWBI
Q1 26
Q4 25
$529.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
MATW
MATW
NWBI
NWBI
Q1 26
$1.9B
Q4 25
$543.2M
$1.9B
Q3 25
$1.9B
Q2 25
$1.6B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.6B
Total Assets
MATW
MATW
NWBI
NWBI
Q1 26
$16.9B
Q4 25
$1.6B
$16.8B
Q3 25
$16.4B
Q2 25
$14.5B
Q1 25
$14.5B
Q4 24
$14.4B
Q3 24
$14.4B
Q2 24
$14.4B
Debt / Equity
MATW
MATW
NWBI
NWBI
Q1 26
Q4 25
0.98×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MATW
MATW
NWBI
NWBI
Operating Cash FlowLast quarter
$-52.0M
Free Cash FlowOCF − Capex
$-57.2M
FCF MarginFCF / Revenue
-20.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATW
MATW
NWBI
NWBI
Q1 26
Q4 25
$-52.0M
$153.4M
Q3 25
$41.9M
Q2 25
$-2.3M
Q1 25
$107.6M
Q4 24
$127.7M
Q3 24
$93.3M
Q2 24
$40.7M
Free Cash Flow
MATW
MATW
NWBI
NWBI
Q1 26
Q4 25
$-57.2M
$141.8M
Q3 25
$38.3M
Q2 25
$-6.0M
Q1 25
$105.8M
Q4 24
$125.4M
Q3 24
$93.2M
Q2 24
$37.2M
FCF Margin
MATW
MATW
NWBI
NWBI
Q1 26
Q4 25
-20.1%
78.8%
Q3 25
22.8%
Q2 25
-4.0%
Q1 25
67.7%
Q4 24
81.3%
Q3 24
67.0%
Q2 24
37.9%
Capex Intensity
MATW
MATW
NWBI
NWBI
Q1 26
Q4 25
1.8%
6.5%
Q3 25
2.2%
Q2 25
2.4%
Q1 25
1.2%
Q4 24
1.5%
Q3 24
0.1%
Q2 24
3.6%
Cash Conversion
MATW
MATW
NWBI
NWBI
Q1 26
Q4 25
-1.19×
Q3 25
13.24×
Q2 25
-0.07×
Q1 25
2.48×
Q4 24
Q3 24
2.77×
Q2 24
8.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MATW
MATW

Segment breakdown not available.

NWBI
NWBI

Net Interest Income$142.5M81%
Noninterest Income$32.6M19%

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