Forbes Names Northwest Bancshares One of America’s 100 Most Trustworthy Companies
Forbes magazine has named Northwest Bancshares, Inc., parent company of Northwest Savings Bank, to its annual list of 100 Most Trustworthy Companies.
The list was based on an accounting and governance risk score (AGR) assigned by GMIRATINGS, an independent financial analytics company based in Los Angeles. Granted on a quarterly basis, the AGR uses a proprietary process to evaluate financial reporting, transparency, fiscal policies, management behaviors, corporate governance, and risk factors. The result is a list of companies that “have consistently demonstrated transparent and conservative accounting practices and solid corporate governance and management.”
“We are truly honored to be named one of America’s Most Trustworthy Companies,” said William J. Wagner, President and CEO of Northwest Bancshares, Inc. “Northwest remains committed to the highest standards of integrity with our customers, employees and shareholders. In today’s economic and political environment, our efforts to provide a high level of transparency and strong corporate governance have become more important than ever,” Wagner added.
Founded in 1896, Northwest Bancshares, Inc. holds assets of $8 billion and operates 168 community banking locations in Pennsylvania, New York, Ohio, and Maryland.
For more information, visit northwestsavingsbank.com.
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