Western Financial Group
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Archived Press Releases

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May 21, 2010

High River, Alberta – May 21, 2010 (TSX – WES) – Western Financial Group (“the Company”) announced today that it will provide the following dividends: Common Shares: TSX: WES - A dividend of $0.0107 per share be declare...


May 14, 2010

For Immediate Release WESTERN FINANCIAL GROUP REPORTS FIRST QUARTER 2010 RESULTS High River, Alberta - May 14, 2010, (TSX - WES) - Western Financial Group (“the Company”) announced today its operating and financial results for the three m...


Mar 16, 2010

High River, Alberta – March 16, 2010 (TSX – WES, WES.PR.A, WES.PR.B, WES.PR.C, WES.PR.D) – Western Financial Group (“the Company”) announced today that it will provide the following dividends:  Common Shares (WES):...


Mar 15, 2010

Management's discussion and analysis of financial condition and results of operations...read more


Mar 15, 2010

High River, Alberta – March 15, 2010, (TSX – WES) - Western Financial Group (“the Company”) announced today its operating and financial results for the year ended December 31, 2009.  “We are pleased to report a...


Feb 4, 2010

High River, Alberta – February 4, 2010 (TSX – WES) Western Financial Group (“the Company”) today confirmed their intention to release their 2009 financial results on Monday, March 15, 2010. A conference call to discuss the yea...


Dec 23, 2009

High River, Alberta – December 23, 2009 (TSX – WES, WES.PR.A, WES.PR.B, WES.PR.C, WES.PR.D, WES.DB)        Western Financial Group (‘the Company” or “Western”) announced today that A.M...


Dec 21, 2009

High River, Alberta, December 18, 2009 - Western Financial Group Inc. ("Western Financial Group" or the "Company") is pleased to announce that its first preferred shares, series two (the "Series Two Preferred Shares") ha...


Nov 23, 2009

High River, Alberta – November 23, 2009 (TSX – WES, WES.PR.A, WES.PR.B, WES.PR.C) – Western Financial Group (“the Company”) announced today that it will provide the following dividends:  Common Shares (WES): A...


Nov 13, 2009

High River, Alberta – November 12, 2009, (TSX – WES) - Western Financial Group (“the Company”) announced today its operating and financial results for the three and nine months ended September 30, 2009.  “Our compa...


Oct 1, 2009

For Immediate Release High River, Alberta – October 1, 2009 (TSX - WES). Western Financial Group (“the Company” or “Western”) announced today that it has completed the acquisition of all outstanding shares of Hayhurst E...


Sep 10, 2009

High River, Alberta – September 10, 2009 (TSX – WES, WES.PR.A, WES.PR.B, WES.PR.C, WES.DB) – Western Financial Group (“Western”) announced today that it will provide $0.0107 per common share to each shareholder of record...


Sep 8, 2009

For Immediate Release   High River, Alberta – September 8, 2009 (TSX – WES). Western Financial Group (”the Company” or “Western”) announced today that it has agreed to acquire all issued and outstanding shar...


Sep 3, 2009

High River, Alberta, September 3, 2009 - Western Financial Group Inc. ("Western Financial Group" or the "Company") is pleased to announce that it has closed the maximum amount of its offering of first preferred shares, series five...


Aug 14, 2009

High River, Alberta – August 13, 2009, (TSX – WES) - Western Financial Group (“the Company”) announced today its operating and financial results for the three and six months ended June 30, 2009.  “Our company is pr...


Jun 10, 2009

High River, Alberta – June 10, 2009 (TSX – WES) – Today, members of Western Financial Group’s senior management team presented a corporate update to several Canadian research analysts.   As part of the presentation,...


Jun 2, 2009

High River, Alberta – June 1, 2009 (TSX – WES, WES.PR.A, WES.PR.B) – Western Financial Group (“the Company”) announced today that it will provide the following dividends: Common Shares (WES): $0.0107 per common sha...


May 15, 2009

High River, Alberta – May 14, 2009, (TSX – WES) - Western Financial Group (“the Company”) announced today its operating and financial results for the three months ended March 31, 2009.  Revenue from the Network’s pr...


Apr 21, 2009

High River, AB, April 21, 2009 – (TSX: WES) Western Financial Group Inc. (the "Company") announced today that it has completed its previously announced convertible debenture financing by way of private placement and as a result h...


Apr 3, 2009

High River, Alberta, April 2, 2009 (TSX-WES, WES.PR.A, WES.PR.B) - Western Financial Group Inc. ("the Company") is pleased to announce that it has retained a syndicate of agents led by TD Securities Inc. to conduct a "best efforts"...


Mar 20, 2009

High River, Alberta – March 19, 2009 (TSX – WES, WES.PR.A, WES.PR.B) – Western Financial Group (“the Company”) announced today that it will provide $0.0107 per common share to each shareholder of record as of March 31,...


Mar 20, 2009

Click here to review financial highlights for 2008.


Mar 6, 2009

High River, Alberta – March 6, 2009 - Western Financial Group Inc. (the "Company") has received the necessary regulatory approval to make a normal course issuer bid through the facilities of the Toronto Stock Exchange. The Company has...


Mar 2, 2009

High River, Alberta – March 2, 2009 (TSX: WES) – Western Financial Group announced today that it has closed on the acquisition of Bakes-Jarvie Insurance Brokers Ltd. in Nanaimo, BC effective January 1, 2009. Bakes-Jarvie traces its h...


Feb 2, 2009

High River, Alberta – February 2, 2009 (TSX – WES) -Western Financial Group Inc. and its subsidiary, Bank West, announced today the completion of the acquisition of AgriFinancial Canada Corp. (“AgriFinancial”) from C.A. Bancor...


Nov 20, 2008

High River, Alberta – November 20, 2008 (TSX – WES, WES.PR.A, WES.PR.B) – Western Financial Group (“the Company”) announced today that it will provide the following dividends: Common Shares (WES):  $0.0107 per comm...


Nov 13, 2008

High River, Alberta – November 12, 2008 (TSX – WES) - Western Financial Group (“the Company”) announced today its operating and financial results for the three and nine months ended September 30, 2008.  To read more clic...


Sep 11, 2008

High River, Alberta – September 11, 2008 (TSX - WES) - Western Financial Group Inc. (the "Company") announced today it has entered into a share purchase agreement with C.A. Bancorp Inc. pursuant to which the Company or an affiliate wi...


Aug 12, 2008

High River, Alberta – August 11, 2008 (TSX - WES) - The Board of Directors of Western Financial Group has approved a 7 percent increase to the next quarterly dividend, payable on October 10, 2008 to shareholders of record on September 30, ...


Aug 11, 2008

High River, Alberta – August 11, 2008 (TSX – WES ) - Western Financial Group (“the Company”) announced today its strongest quarterly net income result, as well as operating and financial results for the six months ended June 3...


Aug 7, 2008

  For Immediate Release     Western Financial Group Second Quarter 2008 Results and Conference Call     High River, Alberta – August 7, 2008 (TSX – WES) – Western Financial Group Inc. (“the Comp...


Jul 24, 2008

For Immediate Release High River, Alberta - July 24, 2008 (TSX - WES)  - Western Financial Group (the “Company”) announced today that it has closed on additional acquisitions in Alberta and Saskatchewan. The acquisition of Vet&rsquo...


May 27, 2008

High River, Alberta – May 27, 2008 (TSX – WES, WES.PR.A, WES.PR.B) – Western Financial Group (“the Company”) announced May 22, 2008 that it will provide the first dividend payment on the Preferred Series 4 (WES.PR.B) at ...


May 22, 2008

High River, Alberta – May 22, 2008 (TSX – WES, WES.PR.A, WES.PR.B) – Western Financial Group (“the Company”) announced today that it will provide the following dividends: Common Shares (WES): $0.01 per common share...


May 7, 2008

For Immediate Release High River, Alberta – May 7, 2008, (TSX – WES ) - Western Financial Group (“the Company”) announced today its operating and financial results for the three months ended March 31, 2008.  Financial H...


May 6, 2008

For Immediate Release High River, Alberta – May 5, 2008 (TSX – WES) – Western Financial Group Inc. (“the Company”) will release its first quarter 2008 results on Wednesday, May 7, 2008 and hold its quarterly conference ...


Mar 24, 2008

(TSX – WES, WES.PR.A, WES.PR.B) – Western Financial Group (“the Company”) announced today that it will provide $0.01 per common share to each shareholder of record as of March 31, 2008, with the dividend payable on April 14, ...


Mar 18, 2008

High River, Alberta – March 18, 2008 (TSX–WES, WES.PR.A, WES.PR.B) Western Financial Group today reported record revenues and net income for the year ended December 31, 2007. Revenue increased by 38.1% to $114.1 million from $82.6 million...


Mar 10, 2008

(TSX – WES) – Western Financial Group (the “Company”) announced today its disappointment with the news that the Board of Directors of Community Savings Credit Union (CU) had decided not to place its Proposal on the agenda of t...


Mar 6, 2008

(TSX – WES) – Western Financial Group (the Company) announced today that it intends to submit a proposal to acquire the assets and liabilities of Community Savings & Credit Union (Community Savings) of Red Deer, Alberta. Community Sa...


Feb 28, 2008

Western Financial Group Inc. (the "Company") has received the necessary regulatory approval to make a normal course issuer bid through the facilities of the Toronto Stock Exchange. The Company has been authorized to repurchase: (i) a maximu...


Jan 3, 2008

(TSX – WES) – Western Financial Group (the “Company”) announced today that it has closed on additional acquisitions in Alberta and Manitoba. The acquisition of Early Insurance in Thompson, Manitoba and Southern Insurance Manag...


Dec 28, 2007

Western Financial Group Inc. ("Western Financial Group" or the "Company") is pleased to announce that it has closed the maximum amount of its offering (being 200,000) of first preferred shares, series four (the "Preferred Sh...


Dec 12, 2007

HIGH RIVER, Alberta - December 12, 2007. (TSX - WES) Western Financial Group Inc. (the “Company”) announced today that it has retained a syndicate of agents led by CIBC World Markets Inc. to offer a minimum of $5 million of cumulative per...


Dec 10, 2007

(TSX – WES, WES.PR.A) - The board of directors of Western Financial Group (“the Company”) has declared a dividend of $3.375 per share on the first preferred shares, series two for the six months ending December 31, 2007 to the hold...


Dec 10, 2007

(TSX – WES, WES.PR.A) – Western Financial Group (“the Company”) announced today that it will provide $0.01 per common share to each shareholder of record as of January 2, 2008, with the dividend payable on January 15, 2008. ...


Nov 15, 2007

(TSX – WES, WES.PR.A) - The Board of Directors of Western Financial Group (“the Company”) today declared an initial dividend of $2.65574 per share on the first preferred shares, series three for the period ending November 30, 2007. ...


Nov 14, 2007

HIGH RIVER, AB, Nov. 14 /CNW/ - (TSX-WES, WES.PR.A) -Western Financial Group ("the Company") today announced its operating and financial results for the nine months ended September 30, 2007. For the nine months, revenue increased 35.0% to $...


Oct 9, 2007

(TSX – WES) – Western Financial Group announced today that they have completed additional acquisitions in Alberta - Younger & Holmes Limited in Peace River and Fimac Insurance Ltd. in Fairview. “Our Agency Network continues to e...


Oct 2, 2007

(TSX – WES) – Western Financial Group and its subsidiary Bank West announced they have closed on the acquisition of Ubiquity Bank of Canada effective October 1, 2007. The combined asset base of Bank West now exceeds $300 million. “T...


Sep 26, 2007

(TSX – WES) – Western Financial Group and its subsidiary, Bank West announced today that they have received all necessary approvals from regulatory authorities for the completion of the acquisition of Ubiquity Bank of Canada. The partie...


Sep 19, 2007

(TSX – WES) – Western Financial Group (“the Company”) announced today that it will pay a quarterly common share cash dividend. The dividend will provide $0.01 per common share to each shareholder of record as of September 28,...


Aug 24, 2007

(TSX – WES) – Western Financial Group Inc. (“the Company”) announced today that it and its subsidiaries are not issuers or holders of asset-backed commercial paper or ABCP. Western Financial Group is a leader in providing in...


Aug 13, 2007

HIGH RIVER, AB, Aug. 13 /CNW/ - (TSX-WES) - Western Financial Group ("the Company") today announced its operating and financial results for the six months ended June 30, 2007. For the six months, revenue increased 32.0% to $51.2 million fro...


Aug 7, 2007

(TSX – WES) – Western Financial Group Inc. (“the Company”) announced today that it has completed the acquisition of Blonde & Blonde in Kelowna, BC; Baxter Agencies, formerly a Trans West Insurance office in Lac La Biche, ...


Jul 10, 2007

Western Financial Group Inc. (the "Company") announced today that it has completed its previously announced equity financing by way of private placement (the "Private Placement") and as a result has issued 250,000 first preferred ...


Jun 27, 2007

(TSX - WES) Western Financial Group Inc. (the “Company”) announced today that it has priced the financing previously announced on June 19, 2007. A syndicate of investment dealers co-led by CIBC World Markets Inc., Desjardins Securities I...


Jun 22, 2007

(TSX – WES) - The board of directors of Western Financial Group (“the Company”) have declared a dividend of $3.375 per share on the first preferred shares, series two for the six months ending June 30, 2007 to the holders of first p...


Jun 19, 2007

(TSX - WES) Western Financial Group Inc. (the “Company”) announced today that it has retained a syndicate of agents co-led by CIBC World Markets Inc., Desjardins Securities Inc. and Jennings Capital Inc. and including Acumen Capital Finan...


Jun 13, 2007

(TSX – WES) – Western Financial Group (“the Company”) announced today that it will pay the first quarterly common share cash dividend in its history. The dividend will provide $0.01 per common share to each shareholder of rec...


May 22, 2007

(TSX – WES) – Western Financial Group Inc. (“the Company”) announced today that it plans to acquire Ubiquity Bank of Canada (“Ubiquity”) from Prospera Credit Union. Immediately after closing of the acquisition, Ub...


May 10, 2007

HIGH RIVER, AB, May 10 /CNW/ - (TSX - WES ) - Western Financial Group ("the Company") announced today its operating and financial results for the three months ended March 31, 2007. For the quarter, revenue increased 38.0% to $24.6 million, ...


Mar 15, 2007

HIGH RIVER, AB, March 15 /CNW/ - (TSX - WES, WES.DB.A) - Western Financial Group ("the Company") announced today its operating and financial results for the year ended December 31, 2006. For the year, revenue increased 24% to $82.6 million,...


Feb 2, 2007

(TSX – WES) – Western Financial Group (the “Company”) announced today that it has completed the acquisition of 15 locations in Northern British Columbia previously announced in its December 1, 2006 press release, as well as a...


Dec 21, 2006

Western Financial Group Inc. ("Western Financial Group" or the "Company") is pleased to announce that in connection with its previously completed offering of Common Shares the Underwriters have exercised in full their over-allotme...


Dec 12, 2006

The Board of Directors of Western Financial Group (“the Company”) today declared a dividend of $3.4397 per share on the first preferred shares, series two for the six months ending December 31, 2006 to the shareholders of record, at the c...


Dec 1, 2006

Western Financial Group (the “Company”) announced today that it intends to acquire 15 insurance offices in Northern British Columbia. In the northeast section of B.C. the Company will acquire Geer & Spice Insurance Agencies Ltd. w...


Nov 28, 2006

Western Financial Group Inc. ("Western Financial Group" or the "Company") is pleased to announce that it has closed its offering of 6,600,000 Common Shares for gross proceeds of $23,100,000. The offering was completed through a ...


Nov 14, 2006

Western Financial Group Inc. (TSX: WES) (“Western Financial”) is pleased to announce, in connection with its previously announced equity financing, that the underwriting syndicate co-led by Desjardins Securities Inc. and Jennings Capital ...


Nov 10, 2006

Western Financial Group Inc. (TSX: WES) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Desjardins Securities Inc. and Jennings Capital Inc., and including CIBC World Markets Inc., TD Securities...


Nov 9, 2006

Western Financial Group Inc. (the “Company”) (TSX: WES) is pleased to announce that it has filed a short form preliminary prospectus in respect of an offering of common shares on an overnight marketed basis with Canadian securities regula...


Nov 8, 2006

HIGH RIVER, AB, Nov. 8 /CNW/ - Western Financial Group ("the Company") today announced its operating and financial results for the three and nine month periods ended September 30, 2006. For the nine months, revenue increased 22.7% to $56.0 ...


Oct 31, 2006

(TSX – WES) Western Financial Group (“the Company”) announced today that it has acquired a 25% initial interest in Hayhurst Elias Dudek Inc. (“HED”), the largest independent insurance broker/administrator in Manitob...


Oct 13, 2006

 (TSX – WES, WES.DB.A) Western Financial Group (“the Company”) announced today that it has recently completed two additional acquisitions of insurance brokerages in Southern Alberta. Willow Creek Agencies is a well established...


Oct 12, 2006

High River, Alberta – October 12, 2006 (TSX – WES, WES.DB.A) - Western Financial Group (“the Company") is pleased to announce the appointment of Bill Yuill as Vice-Chairman of Western Financial Group’s Board of Directors....


Aug 10, 2006

HIGH RIVER, AB, Aug. 10 /CNW/ - (TSX - WES, WES.DB.A) - Western Financial Group ("the Company") today announced its operating and financial results for the six months ended June 30, 2006. For the six months, revenue increased 22.7% to $36.3...


Jun 29, 2006

(TSX - WES, WES.DB.A) Western Financial Group Inc. (the “Company”) announced today it has completed its previously announced equity financing and as a result has issued 150,000 first preferred shares, series two (the “Preferred Shar...


Jun 20, 2006

(TSX - WES,WES.DB.A) Western Financial Group Inc. (the “Company”) announced today that it has increased its previously announced equity financing from a maximum of $10 million to $15 million of convertible redeemable non-voting Preferred ...


Jun 9, 2006

(TSX - WES,WES.DB.A) Western Financial Group Inc. (the “Company”) announced today that it has entered into an agreement with a syndicate of investment dealers led by Jennings Capital Inc. and including Acumen Capital Finance Partners Limi...


May 11, 2006

HIGH RIVER, AB, May 11 /CNW/ - (TSX-WES, WES.DB.A) - Western Financial Group ("the Company") today announced its operating and financial results for the three months ended March 31, 2006. For the quarter, revenue increased 37.4% to $16.7 mi...


Apr 28, 2006

(TSX-WES, WES.DB.A) - Western Financial Group Inc. ("the Company") has received the necessary regulatory approval to make a normal course issuer bid through the facilities of the Toronto Stock Exchange.  The Company has been authoriz...


Mar 30, 2006

WESTERN FINANCIAL GROUP’S BANK WEST PASSES $100 MILLION MILESTONE High River, Alberta – March 30, 2006 (TSX – WES, WES.DB.A) - Western Financial Group (“the Company”) announced today that its subsidiary, Bank West (&ld...


Mar 21, 2006

WESTERN FINANCIAL GROUP ADOPTS SHAREHOLDER RIGHTS PLAN High River, Alberta – March 21, 2006, (TSX – WES, WES.DB.A) – Western Financial Group Inc. ("Western Financial Group" or the "Corporation") announced today ...


Mar 13, 2006

HIGH RIVER, AB, March 13 /CNW/ - (TSX - WES, WES.DB.A) - Western Financial Group ("the Company") announced today its operating and financial results for the year ended December 31, 2005. For the year revenue increased 51% to $63.6 million, ...


Jan 23, 2006

(TSX – WES, WES.DB.A) – Western Financial Group announced that it has entered into a strategic partnership with the Sawchuk Group in the ownership of Northcountry Insurance Agencies, an insurance agency operation with offices in Smithers,...