Item 8.01. Other Events.
On October 28, 2009, W Holding Company, Inc. (the "Company"), the bank
holding company of Westernbank Puerto Rico, announced that it has completed its
2008 financial statements and has filed with the Securities and Exchange
Commission (the "SEC") its Annual Report on Form 10-K for the year ended
December 31, 2008. The Company also announced it intends to complete and submit
its 2009 quarterly reports for the quarters ended March 31, June 30, and
September 30, 2009 before year end, as it continues its efforts to become
current and be in full compliance with the reporting requirements of the SEC and
the New York Stock Exchange.
Forward Looking Statements
This filing may contain some information that constitutes "forward-looking
statements." Such information can be identified by the use of forward-looking
terminology such as "may," "will," "should," "expect," "anticipate," "estimate,"
"intend," "continue," or "believe," or the negatives or other variations of
these terms or comparable terminology. Forward-looking statements with respect
to future financial conditions, results of operations and businesses of the
Company are always subject to various risk and market factors out of
management's control which could cause future results to differ materially from
current management expectations or estimates and as such should be understood.
Such factors include particularly, but are not limited to, the possibility of
prolonged adverse economic conditions or that an adverse interest rate
environment could develop. For a discussion of these and other risks and
uncertainties, please refer to Item 1A of the Company's Annual Report on Form
10-K for the most recently completed fiscal year. Except as required by
applicable securities laws, the Company does not intend, and specifically
disclaims any obligation, to update forward-looking statements.
