WesBanco

WesBanco, Inc. is a bank holding company, which engages in the provision of financial services. It operates through the following segments: Community Banking, and Trust and Investment Services. The Community Banking segment delivers services traditionally offered by service commercial banks, including commercial demand, individual demand, and time deposit accounts, as well as commercial, mortgage, and individual installment loans, and certain non-traditional offerings, such as insurance and securities brokerage services. The Trust and Investment Services segment includes trust services as well as alternative investment products including mutual funds. The company was founded on January 20, 1870 and is headquartered in Wheeling, WV.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

WesBanco reports robust Q4 earnings, eyes growth in key markets

WesBanco's Q4 performance highlighted strong financials, operational excellence, and growth focus. The company anticipates stable NIM, offsetting rising deposit costs with loan repricing. Strategic initiatives include branch network optimization, fee income expansion, and pursuing growth opportunities in key markets.

WesBanco reports robust Q1 performance amidst margin pressure challenges

WesBanco's Q1 performance reflects a solid financial foundation with strong growth metrics and a focus on risk management. While challenges like margin pressure and uncertain loan growth persist, the company's strategic initiatives around deposit growth and expense management position it for long-term success and profitability.

WesBanco reports strong Q2 earnings, eyes loan growth opportunities

WesBanco's Q2 2023 earnings call highlighted strong financial performance, robust loan growth, and successful efforts to drive organic deposit growth. Despite challenges such as margin contraction, the company maintains stable deposits and focuses on disciplined expense management.
The company's strengths lie in solid earnings, healthy capital levels, and a prudent approach to liquidity management. Opportunities for optimizing loan portfolio performance, revenue diversification through deposit growth, and strategic capital management are key focus areas for future growth.
Navigating challenges in margin contraction, Fed rate impacts, and liquidity management while capitalizing on opportunities for expansion and profitability will be crucial for WesBanco's continued success in the evolving financial landscape.

WesBanco reports solid Q3 performance, eyes revenue growth opportunities

WesBanco's Q3 performance reflects a robust financial position with growth in deposits, loans, and stable fee income trends.
Strong capital levels, disciplined expense management, and strategic investments position the company for long-term success and profitability.
While facing short-term challenges like margin contraction and specific loan risks, WesBanco is focused on seizing opportunities for revenue growth and market engagement.

WesBanco reports solid Q4 earnings, eyes sustained growth in 2024

WesBanco's Q4 2023 performance reflects resilience and growth amidst industry challenges, supported by strong teams and strategic initiatives.
The company's focus on customer service, product innovation, and market expansion underscores its commitment to sustainable growth and market leadership.
While facing M&A market difficulties and credit considerations, WesBanco's strategic approach positions it for continued success and revenue enhancement in 2024.

WesBanco reports robust Q1 earnings, eyes M&A and fee-based growth

WesBanco's Q1 performance reflects strong profitability and strategic focus on growth and efficiency.
Despite challenges in the CRE space and classified loans, the company's resilience and proactive approach position it well for future opportunities.
Opportunities in M&A, fee-based income growth, and expense management underscore WesBanco's commitment to sustainable growth.
Navigating market dynamics and leveraging strengths in customer trust and financial stability will be key for WesBanco's continued success.

WesBanco reports robust Q2 earnings and plans $960 million merger

WesBanco's strong Q2 performance, coupled with the proposed merger with Premier Financial Corporation, positions the company for enhanced growth and financial performance. While challenges in integration and investment exist, the opportunities for synergies and market expansion are significant post-merger.

WesBanco reports robust Q3 earnings, eyes growth amid integration

WesBanco delivered a strong performance in Q3 2024, showcasing growth in key financial metrics and operational efficiency.
While facing challenges in noninterest income and upcoming acquisition integration, the company remains well-positioned for future opportunities.
By capitalizing on its strengths and addressing challenges effectively, WesBanco can navigate uncertainties and drive sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

– Company Secures Top Awards for Kentucky and Ohio – WHEELING, W.Va. , July 8, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces, for the fourth year, that its affiliate, WesBanco Bank, Inc., has been named to the Best-In-State Banks List by Forbes.

WesBanco Named to the Forbes Best-In-State Banks 2022 List

WHEELING, W.Va. , July 5, 2022 /PRNewswire/ -- WesBanco, Inc. (NASDAQ: WSBC), a diversified, multi-state bank holding company, announced today it will host a conference call at 10:00 a.m.

WesBanco, Inc. to Host 2022 Second Quarter Earnings Conference Call and Webcast on Wednesday, July 27

- Company also announces upcoming retirement of Todd Clossin - WHEELING, W.Va. , July 5, 2022 /PRNewswire/ -- Wesbanco, Inc. (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced today the hiring of Jeffrey H.

Wesbanco Appoints Jeffrey H. Jackson as Chief Operating Officer

WHEELING, W.Va. , June 9, 2022 /PRNewswire/ -- WesBanco, Inc. (NASDAQ: WSBC), a diversified, multi-state bank holding company, announced today that industry veteran Richard Hunt has been named Executive Vice President and Director of Commercial & Industrial Banking.

WesBanco Appoints Richard Hunt as Executive Vice President and Director of Commercial & Industrial Banking

WHEELING, W.Va. , June 2, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq:WSBC), a diversified, multi-state bank holding company, announces that during its Annual Meeting of Stockholders held April 20, 2022, Rosie Allen-Herring was elected to its Board of Directors.

WesBanco, Inc. Elects Rosie Allen-Herring to its Board of Directors

WHEELING, W.Va. , June 1, 2022 /PRNewswire/ -- WesBanco, Inc. (NASDAQ: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, was recently recognized with the 2022 America Saves Designation of Savings Excellence for its extraordinary efforts during America Saves Week to encourage customers to save money.

WesBanco Bank Again Receives the America Saves Designation of Savings Excellence

WesBanco, Inc. (NASDAQ:WSBC ) Q1 2022 Earnings Conference Call April 27, 2022 10:00 AM ET Company Participants Todd F. Clossin – President and Chief Executive Officer Dan Weiss – Executive Vice President and Chief Financial Officer John Iannone – Senior Vice President of Investor Relations and Public Relations Conference Call Participants Casey Whitman – Piper Sandler Karl Shepard – RBC Capital Markets Stuart Lotz – KBW Russell Gunther – D.A.

WesBanco, Inc. (WSBC) CEO Todd F. Clossin on Q1 2022 Results - Earnings Call Transcript

WesBanco (WSBC) delivered earnings and revenue surprises of 12.90% and 0.14%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

WesBanco (WSBC) Q1 Earnings Top Estimates

WHEELING, W.Va. , April 26, 2022 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq: WSBC), a diversified, multi-state bank holding company, today announced net income and related earnings per share for the three months ended March 31, 2022.

WesBanco Announces First Quarter 2022 Financial Results

WesBanco (WSBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: WesBanco (WSBC) Q1 Earnings Expected to Decline

WHEELING, W.Va. , April 18, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced that it has continued to successfully execute upon its strategy to seek additional long-term growth opportunities through the opening of a loan production office, focused on both commercial and residential mortgage lending, within the Indianapolis market.

WesBanco Announces Indianapolis Loan Production Office

WHEELING, W. Va. , April 4, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced today it will host a conference call at 10:00 a.m.

WesBanco, Inc. to Host 2022 First Quarter Earnings Conference Call and Webcast on Wednesday, April 27

WHEELING, W.Va. , March 30, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, has been recognized as one of "America's Most Trusted Companies" by Newsweek, as well as being one of only 20 banks to earn this nationwide honor.

WesBanco Recognized as one of "America's Most Trusted Companies" in 2022 by Newsweek

WesBanco: Topline Growth Likely To Only Partly Compensate For Higher Provisioning

WHEELING, W.V., March 4, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company announced today that Todd F.

WesBanco CEO and CFO to Participate in the 26th Annual RBC Capital Markets Global Financial Institutions Virtual Conference

WHEELING, W.Va., March 1, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced that it has continued to successfully execute upon its strategy to seek additional long-term growth opportunities through the opening of a loan production office, initially focused on residential mortgage lending, within the Nashville area.

WesBanco Announces Nashville Area Residential Mortgage Loan Production Office

MVB Financial

Northrim BanCorp

Dividend is a steady source of income for investors during uncertain times. So, banks - MVBF, BPOP, WSBC and NRIM - that hiked dividends in recent days are worth watching.

4 Banks to Keep an Eye on to Earn Higher Dividend Income

WesBanco's (WSBC) board of directors authorizes the extension of its stock repurchase program to up to 3.2 million shares and announced a 3% rise in its quarterly cash dividend.

WesBanco (WSBC) Extends Share Buyback & Hikes Dividend By 3%

WHEELING, W.Va., Feb. 24, 2022 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced that the Board of Directors has authorized the adoption of a new stock repurchase plan for the purchase of up to an additional 3.2 million shares of WesBanco common stock from time to time on the open market.

WesBanco, Inc. Announces Approval of a New Stock Repurchase Program

WHEELING, W.Va., Feb. 15, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that it has been recognized on the Forbes 2022 list of America's Best Mid-Size Employers, earning a spot within the top 10% of all companies recognized.

WesBanco Named One of America's Best Employers by Forbes

WHEELING, W.Va. , Feb. 10, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank has been named the #10 Best Bank in America by Forbes.

WesBanco Named the #10 Best Bank in America by Forbes

WHEELING, W.Va., Feb. 8, 2022 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company announced today that Todd F.

WesBanco CEO and CFO to Participate in the KBW Winter Financial Services Symposium

WesBanco, Inc. (WSBC) CEO Todd Clossin on Q4 2021 Results - Earnings Conference Call

WesBanco (WSBC) delivered earnings and revenue surprises of 18.84% and 2.04%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

WesBanco (WSBC) Tops Q4 Earnings Estimates

WHEELING, W.Va., Jan. 25, 2022 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq: WSBC), a diversified, multi-state bank holding company, today announced net income and related earnings per share for the three and twelve months ended December 31, 2021.

News for WesBanco Stock (WSBC)