North Bergen, New Jersey 3/13/2010 2:32:14 AM
News / Business

National Western Life Insurance Company announces 2009 Financial Earnings.

Fourth Quarter Results Announced by President of National Western Life Insurance Company

National Western Life Insurance Company announced today fourth quarter 2009 consolidated net earnings of $12.7 million, or $3.59 per diluted Class A common share, compared with consolidated net earnings of $10.9 million, or $3.06 per diluted Class A common share, for the fourth quarter of 2008…National Western Life Insurance Company. trades on the “NASDAQ” under the Stock Symbol ”NWLI”. For the Latest information regarding “WNLI”, make sure to visit the Most Exclusive and In Depth newsletter website at:   http://www.wallstreetgrand.com/.

 

 

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The President of National Western Life Insurance Company, Ross R. Moody (Nasdaq:NWLI), announces today fourth quarter 2009 consolidated net earnings of $12.7 million, or $3.59 per diluted Class A common share, compared with consolidated net earnings of $10.9 million, or $3.06 per diluted Class A common share, for the fourth quarter of 2008. For the year ended December 31, 2009, the Company reported consolidated net earnings of $45.5 million, or $12.87 per diluted Class A common share, compared with $33.6 million, or $9.48 per diluted Class A common share, a year ago. The Company's book value per share was $307.24.

 

 

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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

 

 

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