Northwest Bancshares, Inc. (NWBI) 2009年年度报告「NASDAQ」.pdf

1、2009 SUMMARY ANNUAL REPORTMaking headlinesForbes Names Northwest One of Americas 100 Most Trustworthy CompaniesNorthwest Bancshares,Inc.Completes Second Step ConversionNorthwest Sees Record Deposit Growth2009 SUMMARY ANNUAL REPORT NORTHWEST BANCSHARES,INC.2 DEAR SHAREHOLDERS,As the headlines on the

2、cover of this report indicate,2009 was a busy and productive year for the Northwest group of companies.The highlight of the year was the completion of a$688 million common stock offering which converted Northwest from a partially-public to a fully-public company.Also contributing to our success this

3、 year was Northwests recognition by Forbes Magazine as one of“Americas 100 Most Trustworthy Companies.”Out of 12,000 publicly-traded companies in the country,we were ranked 54th overall and#1 among savings banks in America.Northwests public recognition did not stop there.Later in the year,Forbes ran

4、ked Northwest 23rd strongest among the 100 largest banks in the country,while Bank Directors Magazine ranked Northwest 53rd in operating performance among the nations 150 largest banks.We are excited about the national recognition Northwest has received and we are eager to tell you more about our si

5、gnificant accomplishments this past year.Second-step Stock OfferingIn 1994,Northwest became a partially-public company by adopting the mutual holding company structure.At that time,we sold$69 million of common stock,representing 29%public ownership.The remaining 71%of the shares were retained by our

6、 mutual holding company(MHC).While this structure was somewhat new for our industry,Northwest pioneered the use of the structure to significantly grow our company and provide a substantial return to our shareholders.Northwest was the most active and acquisitive mutual holding company of all time hav