Inactive Instrument

MutualFirst Financial, Inc.

Equities

US62845B1044

MutualFirst Financial, Inc. : Receives Necessary Stockholder Approvals for Merger with Northwest Bancshares, Inc.

March 10, 2020 at 12:06 pm EDT

MUNCIE, Ind., March 10, 2020 /PRNewswire/ -- MutualFirst Financial, Inc. (the "Company") (NASDAQ: MFSF) announced today that it received the requisite approvals of its stockholders for the Company's pending merger with Northwest Bancshares, Inc. ("Northwest") at a special meeting of the Company's stockholders held on Friday, March 6, 2020. Detailed voting results will be provided in a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission.

Completion of the merger remains subject to regulatory approvals and other customary closing conditions. Upon completion of the transaction, each outstanding share of the Company's common stock will be converted into the right to receive 2.4 shares of Northwest common stock. The transaction is expected to close in the second quarter of 2020.

MutualFirst Financial, Inc. is the parent company of MutualBank, an Indiana-based financial institution since 1889. MutualBank has thirty-six full-service retail financial centers throughout Indiana. MutualBank has two offices located in Fishers and Crawfordsville, Indiana specializing in wealth management and trust services. MutualBank provides a full range of financial services including commercial and business banking, personal banking, wealth management, trust services, investments and internet banking services. The Company's stock is traded on the NASDAQ National Market under the symbol "MFSF". Additional information can be found online at www.bankwithmutual.com.

Statements contained in this release, which are not historical facts, are forward-looking statements, as that term is defined in the Private Securities Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from those currently anticipated due to a number of factors, which include, but are not limited to factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time.

View original content:http://www.prnewswire.com/news-releases/mutualfirst-financial-inc-receives-necessary-stockholder-approvals-for-merger-with-northwest-bancshares-inc-301020791.html

SOURCE MutualFirst Financial, Inc.

Latest news about MutualFirst Financial, Inc.

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Northwest Bancshares, Inc. completed the acquisition of MutualFirst Financial, Inc.	20-04-23	CI
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Mutualfirst Financial Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-10-21	CI
MutualFirst Financial, Inc. Reports Net Charge Off for the Third Quarter Ended September 30, 2019	19-10-21	CI
MutualFirst Financial, Inc. Announces Demise of Patrick Botts, Director	19-10-18	CI
MutualFirst Financial, Inc. Declares Cash Dividend, Payable on September 27, 2019	19-08-22	CI
Mutualfirst Financial, Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2019	19-07-23	CI
Tranche Update on MutualFirst Financial, Inc.'s Equity Buyback Plan announced on January 18, 2019.	19-07-23	CI
Tranche Update on MutualFirst Financial, Inc.'s Equity Buyback Plan announced on January 18, 2019.	19-05-09	CI
MutualFirst Financial, Inc. Declares Cash Dividend for the Second Quarter of 2019, Payable on June 28, 2019	19-05-02	CI
MutualFirst Financial, Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2019; Reports Net Charge Offs for the First Quarter Ended March 31, 2019	19-04-23	CI
Mutualfirst Financial, Inc. Announces Retirement of Rosema as Member of the Board of Directors	19-03-22	CI
MutualFirst Financial, Inc. Declares Cash Dividend for the First Quarter of 2019, Payable on March 22, 2019	19-02-21	CI
MutualFirst Financial, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Reports Net Charge Offs for the Fourth Quarter Ended December 31, 2018	19-01-30	CI
MutualFirst Financial, Inc. announces an Equity Buyback for 430,000 shares, representing 5% of its issued share capital.	19-01-18	CI

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MutualFirst Financial, Inc. (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana. MutualBank also has trust offices in Carmel and Crawfordsville, Indiana and a loan origination office in New Buffalo, Michigan. The Bank has a subsidiary, Summit Mortgage, Inc., that operates a mortgage banking firm in Fort Wayne, Indiana. In addition, it originates residential mortgage and commercial loans. MutualWealth and MutualFinancial Advisors are the wealth management and brokerage divisions of the Bank that provide a range of fee-based financial services, including trust, investment, insurance, broker advisory, retirement plan and private banking services, in its market areas.

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