Northwest Bancshares Net Worth
Northwest Bancshares Net Worth Breakdown | NWBI |
Northwest Bancshares Net Worth Analysis
Northwest Bancshares' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Northwest Bancshares' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Northwest Bancshares' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Northwest Bancshares' net worth analysis. One common approach is to calculate Northwest Bancshares' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Northwest Bancshares' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Northwest Bancshares' net worth. This approach calculates the present value of Northwest Bancshares' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Northwest Bancshares' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Northwest Bancshares' net worth. This involves comparing Northwest Bancshares' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Northwest Bancshares' net worth relative to its peers.
Enterprise Value |
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To determine if Northwest Bancshares is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Northwest Bancshares' net worth research are outlined below:
Northwest Bancshares generated a negative expected return over the last 90 days | |
Northwest Bancshares has a poor financial position based on the latest SEC disclosures | |
About 71.0% of the company shares are owned by institutional investors | |
On 14th of February 2025 Northwest Bancshares paid $ 0.2 per share dividend to its current shareholders | |
Latest headline from MacroaxisInsider: Acquisition by Jacques DesMarteau of 13742 shares of Northwest Bancshares subject to Rule 16b-3 |
Northwest Bancshares Quarterly Good Will |
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Northwest Bancshares uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Northwest Bancshares. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Northwest Bancshares' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of April 2024 Upcoming Quarterly Report | View | |
22nd of July 2024 Next Financial Report | View | |
31st of March 2024 Next Fiscal Quarter End | View | |
27th of January 2025 Next Fiscal Year End | View | |
31st of December 2023 Last Quarter Report | View | |
31st of December 2023 Last Financial Announcement | View |
Northwest Bancshares Target Price Consensus
Northwest target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Northwest Bancshares' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
6 | Hold |
Most Northwest analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Northwest stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Northwest Bancshares, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNorthwest Bancshares Target Price Projection
Northwest Bancshares' current and average target prices are 12.05 and 14.38, respectively. The current price of Northwest Bancshares is the price at which Northwest Bancshares is currently trading. On the other hand, Northwest Bancshares' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Northwest Bancshares Market Quote on 21st of March 2025
Target Price
Analyst Consensus On Northwest Bancshares Target Price
Know Northwest Bancshares' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Northwest Bancshares is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northwest Bancshares backward and forwards among themselves. Northwest Bancshares' institutional investor refers to the entity that pools money to purchase Northwest Bancshares' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 1.2 M | Goldman Sachs Group Inc | 2024-12-31 | 864.7 K | First Trust Advisors L.p. | 2024-12-31 | 723.3 K | Fmr Inc | 2024-12-31 | 657.7 K | Panagora Asset Management Inc | 2024-12-31 | 643.1 K | Bridgeway Capital Management, Llc | 626.7 K | Principal Financial Group Inc | 2024-12-31 | 617.8 K | Jpmorgan Chase & Co | 2024-12-31 | 599.1 K | Nuveen Asset Management, Llc | 2024-12-31 | 510.9 K | Blackrock Inc | 2024-12-31 | 18.8 M | Vanguard Group Inc | 2024-12-31 | 14.6 M |
Follow Northwest Bancshares' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.53 B.Market Cap |
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Project Northwest Bancshares' profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.01 | 0.01 | |
Return On Assets | 0.01 | 0.01 | |
Return On Equity | 0.06 | 0.08 |
When accessing Northwest Bancshares' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Northwest Bancshares' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Northwest Bancshares' profitability and make more informed investment decisions.
Evaluate Northwest Bancshares' management efficiency
The Northwest Bancshares' current Return On Equity is estimated to increase to 0.08, while Return On Tangible Assets are projected to decrease to 0.01. As of now, Northwest Bancshares' Non Currrent Assets Other are increasing as compared to previous years. The Northwest Bancshares' current Total Current Assets is estimated to increase to about 13.1 B, while Total Assets are projected to decrease to under 8.3 B. Northwest Bancshares' management efficiency ratios could be used to measure how well Northwest Bancshares manages its routine affairs as well as how well it operates its assets and liabilities.Last Reported | Projected for Next Year | ||
Book Value Per Share | 12.57 | 6.48 | |
Tangible Book Value Per Share | 9.54 | 5.05 | |
Enterprise Value Over EBITDA | 16.12 | 18.57 | |
Price Book Value Ratio | 1.05 | 1.66 | |
Enterprise Value Multiple | 16.12 | 18.57 | |
Price Fair Value | 1.05 | 1.66 | |
Enterprise Value | 1.6 B | 1.2 B |
Northwest Bancshares' management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Enterprise Value Revenue 3.7944 | Revenue | Quarterly Revenue Growth 0.08 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northwest Bancshares insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northwest Bancshares' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Northwest Bancshares insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Northwest Bancshares Corporate Filings
F4 | 11th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
7th of March 2025 Other Reports | ViewVerify | |
10K | 25th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
24th of February 2025 Other Reports | ViewVerify |
Northwest Bancshares Earnings Estimation Breakdown
The calculation of Northwest Bancshares' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Northwest Bancshares is estimated to be 0.2433 with the future projection ranging from a low of 0.23 to a high of 0.27. Please be aware that this consensus of annual earnings estimates for Northwest Bancshares is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.23 Lowest | Expected EPS | 0.27 Highest |
Northwest Bancshares Earnings Projection Consensus
Suppose the current estimates of Northwest Bancshares' value are higher than the current market price of the Northwest Bancshares stock. In this case, investors may conclude that Northwest Bancshares is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Northwest Bancshares' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
6 | 92.18% | 0.27 | 0.2433 | 0.79 |
Northwest Bancshares Earnings History
Earnings estimate consensus by Northwest Bancshares analysts from Wall Street is used by the market to judge Northwest Bancshares' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Northwest Bancshares' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Northwest Bancshares Quarterly Gross Profit |
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Northwest Bancshares Earnings per Share Projection vs Actual
Actual Earning per Share of Northwest Bancshares refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Northwest Bancshares predict the company's earnings will be in the future. The higher the earnings per share of Northwest Bancshares, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Northwest Bancshares Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Northwest Bancshares, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Northwest Bancshares should always be considered in relation to other companies to make a more educated investment decision.Northwest Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Northwest Bancshares' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2025-01-20 | 2024-12-31 | 0.2533 | 0.27 | 0.0167 | 6 | ||
2024-10-29 | 2024-09-30 | 0.26 | 0.26 | 0.0 | 0 | ||
2024-07-23 | 2024-06-30 | 0.22 | 0.27 | 0.05 | 22 | ||
2024-04-22 | 2024-03-31 | 0.23 | 0.24 | 0.01 | 4 | ||
2024-01-22 | 2023-12-31 | 0.24 | 0.23 | -0.01 | 4 | ||
2023-10-23 | 2023-09-30 | 0.24 | 0.31 | 0.07 | 29 | ||
2023-07-24 | 2023-06-30 | 0.26 | 0.26 | 0.0 | 0 | ||
2023-04-24 | 2023-03-31 | 0.26 | 0.26 | 0.0 | 0 | ||
2023-01-23 | 2022-12-31 | 0.31 | 0.27 | -0.04 | 12 | ||
2022-10-24 | 2022-09-30 | 0.29 | 0.29 | 0.0 | 0 | ||
2022-07-25 | 2022-06-30 | 0.22 | 0.26 | 0.04 | 18 | ||
2022-04-25 | 2022-03-31 | 0.2 | 0.22 | 0.02 | 10 | ||
2022-01-24 | 2021-12-31 | 0.22 | 0.24 | 0.02 | 9 | ||
2021-10-25 | 2021-09-30 | 0.22 | 0.27 | 0.05 | 22 | ||
2021-07-26 | 2021-06-30 | 0.27 | 0.23 | -0.04 | 14 | ||
2021-04-26 | 2021-03-31 | 0.28 | 0.32 | 0.04 | 14 | ||
2021-01-25 | 2020-12-31 | 0.22 | 0.28 | 0.06 | 27 | ||
2020-10-26 | 2020-09-30 | 0.25 | 0.3 | 0.05 | 20 | ||
2020-07-27 | 2020-06-30 | 0.08 | 0.25 | 0.17 | 212 | ||
2020-04-27 | 2020-03-31 | 0.17 | 0.07 | -0.1 | 58 | ||
2020-01-27 | 2019-12-31 | 0.27 | 0.24 | -0.03 | 11 | ||
2019-10-21 | 2019-09-30 | 0.26 | 0.31 | 0.05 | 19 | ||
2019-07-22 | 2019-06-30 | 0.28 | 0.25 | -0.03 | 10 | ||
2019-04-17 | 2019-03-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2019-01-22 | 2018-12-31 | 0.27 | 0.26 | -0.01 | 3 | ||
2018-10-22 | 2018-09-30 | 0.26 | 0.27 | 0.01 | 3 | ||
2018-07-23 | 2018-06-30 | 0.25 | 0.25 | 0.0 | 0 | ||
2018-04-18 | 2018-03-31 | 0.24 | 0.24 | 0.0 | 0 | ||
2018-01-22 | 2017-12-31 | 0.22 | 0.19 | -0.03 | 13 | ||
2017-10-23 | 2017-09-30 | 0.22 | 0.23 | 0.01 | 4 | ||
2017-07-24 | 2017-06-30 | 0.21 | 0.3 | 0.09 | 42 | ||
2017-04-24 | 2017-03-31 | 0.23 | 0.17 | -0.06 | 26 | ||
2017-01-23 | 2016-12-31 | 0.25 | 0.24 | -0.01 | 4 | ||
2016-10-24 | 2016-09-30 | 0.23 | 0.18 | -0.05 | 21 | ||
2016-07-25 | 2016-06-30 | 0.19 | -0.07 | -0.26 | 136 | ||
2016-04-22 | 2016-03-31 | 0.18 | 0.18 | 0.0 | 0 | ||
2016-01-25 | 2015-12-31 | 0.19 | 0.16 | -0.03 | 15 | ||
2015-10-26 | 2015-09-30 | 0.17 | 0.13 | -0.04 | 23 | ||
2015-07-16 | 2015-06-30 | 0.16 | 0.17 | 0.01 | 6 | ||
2015-04-20 | 2015-03-31 | 0.16 | 0.18 | 0.02 | 12 | ||
2015-01-26 | 2014-12-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2014-10-17 | 2014-09-30 | 0.16 | 0.19 | 0.03 | 18 | ||
2014-07-21 | 2014-06-30 | 0.16 | 0.14 | -0.02 | 12 | ||
2014-04-21 | 2014-03-31 | 0.17 | 0.16 | -0.01 | 5 | ||
2014-01-24 | 2013-12-31 | 0.17 | 0.22 | 0.05 | 29 | ||
2013-10-21 | 2013-09-30 | 0.16 | 0.19 | 0.03 | 18 | ||
2013-07-22 | 2013-06-30 | 0.18 | 0.15 | -0.03 | 16 | ||
2013-04-22 | 2013-03-31 | 0.17 | 0.17 | 0.0 | 0 | ||
2013-01-22 | 2012-12-31 | 0.16 | 0.18 | 0.02 | 12 | ||
2012-10-22 | 2012-09-30 | 0.18 | 0.17 | -0.01 | 5 | ||
2012-07-23 | 2012-06-30 | 0.17 | 0.17 | 0.0 | 0 | ||
2012-04-23 | 2012-03-31 | 0.17 | 0.16 | -0.01 | 5 | ||
2012-01-23 | 2011-12-31 | 0.17 | 0.16 | -0.01 | 5 | ||
2011-10-24 | 2011-09-30 | 0.17 | 0.17 | 0.0 | 0 | ||
2011-07-25 | 2011-06-30 | 0.16 | 0.15 | -0.01 | 6 | ||
2011-04-25 | 2011-03-31 | 0.15 | 0.16 | 0.01 | 6 | ||
2011-01-25 | 2010-12-31 | 0.15 | 0.12 | -0.03 | 20 | ||
2010-10-25 | 2010-09-30 | 0.15 | 0.14 | -0.01 | 6 | ||
2010-07-26 | 2010-06-30 | 0.13 | 0.15 | 0.02 | 15 | ||
2010-04-21 | 2010-03-31 | 0.09 | 0.12 | 0.03 | 33 | ||
2010-01-25 | 2009-12-31 | 0.11 | 0.06 | -0.05 | 45 | ||
2009-10-22 | 2009-09-30 | 0.09 | 0.11 | 0.02 | 22 | ||
2009-07-20 | 2009-06-30 | 0.09 | 0.07 | -0.02 | 22 | ||
2009-04-20 | 2009-03-31 | 0.12 | 0.11 | -0.01 | 8 | ||
2009-01-26 | 2008-12-31 | 0.13 | 0.1 | -0.03 | 23 | ||
2008-10-20 | 2008-09-30 | 0.13 | 0.09 | -0.04 | 30 | ||
2008-07-21 | 2008-06-30 | 0.12 | 0.13 | 0.01 | 8 | ||
2008-04-21 | 2008-03-31 | 0.12 | 0.12 | 0.0 | 0 | ||
2008-01-23 | 2007-12-31 | 0.12 | 0.15 | 0.03 | 25 | ||
2007-10-22 | 2007-09-30 | 0.11 | 0.12 | 0.01 | 9 | ||
2007-07-23 | 2007-06-30 | 0.11 | 0.11 | 0.0 | 0 | ||
2007-04-23 | 2007-03-31 | 0.1 | 0.1 | 0.0 | 0 | ||
2007-01-22 | 2006-12-31 | 0.11 | 0.09 | -0.02 | 18 | ||
2006-10-23 | 2006-09-30 | 0.13 | 0.12 | -0.01 | 7 | ||
2006-07-24 | 2006-06-30 | 0.14 | 0.12 | -0.02 | 14 | ||
2006-04-24 | 2006-03-31 | 0.13 | 0.14 | 0.01 | 7 | ||
2006-01-23 | 2005-12-31 | 0.13 | 0.13 | 0.0 | 0 | ||
2005-10-24 | 2005-09-30 | 0.13 | 0.12 | -0.01 | 7 | ||
2005-07-25 | 2005-06-30 | 0.13 | 0.12 | -0.01 | 7 | ||
2005-04-14 | 2005-03-31 | 0.13 | 0.12 | -0.01 | 7 | ||
2005-01-20 | 2004-12-31 | 0.13 | 0.12 | -0.01 | 7 | ||
2004-10-21 | 2004-09-30 | 0.12 | 0.13 | 0.01 | 8 | ||
2004-07-22 | 2004-06-30 | 0.12 | 0.12 | 0.0 | 0 | ||
2004-04-22 | 2004-03-31 | 0.11 | 0.12 | 0.01 | 9 | ||
2004-01-22 | 2003-12-31 | 0.11 | 0.11 | 0.0 | 0 | ||
2003-10-21 | 2003-09-30 | 0.09 | 0.12 | 0.03 | 33 | ||
2003-07-21 | 2003-06-30 | 0.09 | 0.09 | 0.0 | 0 | ||
2003-04-21 | 2003-03-31 | 0.09 | 0.09 | 0.0 | 0 | ||
2003-01-21 | 2002-12-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2002-10-23 | 2002-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2002-07-19 | 2002-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2002-04-19 | 2002-03-31 | 0.08 | 0.08 | 0.0 | 0 | ||
2002-01-31 | 2001-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2001-10-22 | 2001-09-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2001-04-19 | 2001-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2001-01-18 | 2000-12-31 | 0.06 | 0.06 | 0.0 | 0 | ||
2000-07-20 | 2000-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2000-04-20 | 2000-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2000-01-20 | 1999-12-31 | 0.06 | 0.06 | 0.0 | 0 | ||
1999-10-21 | 1999-09-30 | 0.05 | 0.06 | 0.01 | 20 | ||
1998-07-17 | 1998-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
1998-04-20 | 1998-03-31 | 0.05 | 0.05 | 0.0 | 0 | ||
1998-01-22 | 1997-12-31 | 0.05 | 0.05 | 0.0 | 0 | ||
1997-10-20 | 1997-09-30 | 0.05 | 0.05 | 0.0 | 0 | ||
1997-07-18 | 1997-06-30 | 0.05 | 0.05 | 0.0 | 0 |
Northwest Bancshares Corporate Management
Richard JD | Chief VP | Profile | |
Michael Cappetta | Senior Officer | Profile | |
Sean Morrow | Interim Treasurer | Profile | |
C Tefft | Sr Fin | Profile | |
Urich Bowers | Chief Officer | Profile | |
Mark Reitzes | EVP Banking | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Northwest Stock please use our How to Invest in Northwest Bancshares guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northwest Bancshares. If investors know Northwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northwest Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.132 | Dividend Share 0.8 | Earnings Share 0.79 | Revenue Per Share | Quarterly Revenue Growth 0.08 |
The market value of Northwest Bancshares is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Northwest Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northwest Bancshares' market value can be influenced by many factors that don't directly affect Northwest Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northwest Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.