James Colestro Biography and Net Worth

Chief Retail Lending Officer of Northwest Bancshares

James M. Colestro has been employed by Northwest Bank since 2007 and currently serves as Chief Retail Lending Officer. He’s held a number of positions throughout the bank, including management roles in the retail network and retail lending corporate departments. Mr. Colestro has been an integral part of Northwest’s retail lending growth, leading the development and implementation of the bank’s first virtual lending program and growth of a mortgage sales force across the bank’s footprint. He received his bachelor’s degree in economics and business management with minors in finance and marketing from the University of Pittsburgh at Bradford and is a graduate of the Pennsylvania Bankers Association School of Banking.

What is James M. Colestro's net worth?: The estimated net worth of James M. Colestro is at least $219,934.74 as of June 5th, 2023. Mr. Colestro owns 18,607 shares of Northwest Bancshares stock worth more than $219,935 as of March 14th. This net worth evaluation does not reflect any other investments that Mr. Colestro may own. Learn More about James M. Colestro's net worth.
How do I contact James M. Colestro?: The corporate mailing address for Mr. Colestro 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 James M. Colestro's contact information.
Has James M. Colestro been buying or selling shares of Northwest Bancshares?: James M. Colestro has not been actively trading shares of Northwest Bancshares during the last ninety days. Most recently, James M. Colestro sold 75 shares of the business's stock in a transaction on Monday, June 5th. The shares were sold at an average price of $10.90, for a transaction totalling $817.50. Following the completion of the sale, the executive vice president now directly owns 18,607 shares of the company's stock, valued at $202,816.30. Learn More on James M. Colestro's trading history.
Who are Northwest Bancshares' active insiders?: Northwest Bancshares' insider roster includes Carey Barnum (Chief Auditor), 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 4 times. They purchased a total of 32,000 shares worth more than $406,930.00. During the last twelve months, insiders at the savings and loans company sold shares 10 times. They sold a total of 29,747 shares worth more than $400,461.26. The most recent insider tranaction occured on February, 4th when Director Mark A Paup bought 5,000 shares worth more than $63,300.00. 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 2/4/2025.

James M. Colestro Insider Trading History at Northwest Bancshares

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/5/2023	Sell	75	$10.90	$817.50	18,607
5/31/2023	Sell	186	$10.69	$1,988.34	18,699
5/23/2023	Sell	39	$10.74	$418.86	19,133
5/17/2023	Sell	52	$10.63	$552.76	19,172
11/28/2022	Sell	1,325	$15.05	$19,941.25	14,028

James M. Colestro 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: $12.16

$11.88

$12.14

50 Day Range

MA: $12.81

$11.78

$13.39

2 Week Range

Now: $12.16

$10.45

$15.42

Volume

314,912 shs

Average Volume

652,031 shs

Market Capitalization

$1.55 billion

P/E Ratio

15.39

Dividend Yield

6.67%

Beta

0.64