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.

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WHEELING, W.Va., Jan. 6, 2021 /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. ET on Wednesday, January 27, 2021. Todd F. Clossin, President and Chief Executive Officer, and Robert...

WesBanco, Inc. to Host 2020 Fourth Quarter Earnings Conference Call and Webcast on Wednesday, January 27

WesBanco (WSBC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is WesBanco (WSBC) Stock a Solid Choice Right Now?

WesBanco, Inc. (WSBC) CEO Todd Clossin on Q3 2020 Results - Earnings Call Transcript

WHEELING, W.Va., Oct. 22, 2020 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding shares of its 6.75% Non-Cumulative Perpetual Preferred...

WesBanco Declares Initial Quarterly Cash Dividend Upon Its Perpetual Preferred Stock

WesBanco (WSBC) delivered earnings and revenue surprises of 15.79% and 2.27%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

WesBanco (WSBC) Beats Q3 Earnings and Revenue Estimates

Shares of Wesbanco (NASDAQ:WSBC) were flat in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 7.04% over the past year to $0.66, which beat the estimate of $0.53.

Wesbanco: Q3 Earnings Insights

WHEELING, W.Va., Oct. 21, 2020 /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 nine months ended September 30, 2020. Reflecting the impact from the 2020...

WesBanco Announces Third Quarter 2020 Financial Results

The sizable reserve build in the first half of the year solidified the bank's credit soundness, in my mind.

WesBanco: An Unfounded 25-Year Low Valuation Sets The Stage For Sizable Upside

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) Q3 Earnings Expected to Decline

WHEELING, W.Va., Oct. 5, 2020 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today it will host a conference call at 3:00 p.m. ET on Thursday, October 22, 2020. Todd F. Clossin, President and Chief Executive Officer, and Robert H....

WesBanco, Inc. to Host 2020 Third Quarter Earnings Conference Call and Webcast on Thursday, October 22

PITTSBURGH, Sept. 21, 2020 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, today announced that the western Pennsylvania market of its affiliate, WesBanco Bank, has been awarded a 2020 Top Workplaces honor by The Pittsburgh Post-Gazette. The...

The Pittsburgh Post-Gazette Again Names WesBanco A Winner of the Pittsburgh Top Workplaces 2020 Award

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New Preferred Stock IPOs, August 2020

WesBanco, Inc.'s new preferred stock, WSBCP, is trading 4% above its par value.

WesBanco, Inc: Its New Fixed-Rate Reset Preferred Stock IPO Is Trading 4% Above Its PAR

WHEELING, W. Va., Aug. 4, 2020 /PRNewswire/ -- Wesbanco, Inc.

Wesbanco Announces Pricing of $150 Million Offering of Non-Cumulative Perpetual Preferred Stock Depositary Shares

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, a preferred stock rating of BBB-, and a short-term debt rating of K2 to Wheeling, West Virginia-based Wesbanco, Inc. (NASDAQ: WSBC) (“the company”).

KBRA Assigns Ratings to Wesbanco, Inc.

WesBanco's (WSBC) CEO Todd Clossin on Q2 2020 Results - Earnings Call Transcript

WesBanco (WSBC) delivered earnings and revenue surprises of -80.00% and 3.68%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

WesBanco (WSBC) Lags Q2 Earnings Estimates

WHEELING, W.Va., July 22, 2020 /PRNewswire/ -- WesBanco, Inc.

WesBanco Announces Second Quarter 2020 Financial Results

Earnings Preview: WesBanco (WSBC) Q2 Earnings Expected to Decline

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WesBanco, Inc. (WSBC) CEO Todd Clossin on Q1 2020 Results - Earnings Call Transcript

WesBanco (WSBC) delivered earnings and revenue surprises of -26.79% and 0.67%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

WesBanco (WSBC) Q1 Earnings Miss Estimates

WesBanco, Inc.'s (WSBC) CEO Todd Clossin on Q4 2019 Results - Earnings Call Transcript

WesBanco (WSBC) delivered earnings and revenue surprises of 8.70% and 3.49%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

News for WesBanco Stock (WSBC)