WARREN — Northwest Bancshares Inc., the parent company of Northwest Bank, has been recognized by Forbes as one of America’s 50 Most Trustworthy Financial Companies.

In determining this year’s award winners, Forbes commissioned MSCI ESG Research, an independent research company that reviewed the accounting and governance behaviors of nearly 700 publicly-traded financial companies and scored them based on factors like high-risk events, revenue and expense recognition methods, SEC actions and bankruptcy risk — all of which are considered indicators of a company’s credibility.

The 50 companies named to this year’s list have the highest scores for the past four quarters of the fiscal year. Northwest was the 10th highest bank on the list; only 14 companies on the list had a better score than Northwest; Northwest was the highest ranked bank in all the markets it serves across four states.

Northwest has made Forbes’ Most Trustworthy list four times in the past seven years.