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

WesBanco, Inc. (NASDAQ:WSBC ) Q2 2023 Earnings Conference Call July 26, 2023 10:00 AM ET Company Participants John Iannone – Senior Vice President-Investor Relations Todd Clossin – President and Chief Executive Officer Jeff Jackson – Senior Executive Vice President and Chief Operating Officer Dan Weiss – Executive Vice President and Chief Financial Officer Conference Call Participants Russell Gunther – Stephens Dave Bishop – Hovde Group Daniel Tamayo – Raymond James Karl Shepard – RBC Capital Markets Casey Whitman – Piper Sandler Catherine Mealor – KBW Manuel Navas – D.A. Davidson Operator Good morning, and welcome to the WesBanco Second Quarter 2023 Earnings Conference Call.

WesBanco, Inc. (WSBC) Q2 2023 Earnings Call Transcript

The headline numbers for WesBanco (WSBC) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, WesBanco (WSBC) Q2 Earnings: A Look at Key Metrics

WesBanco (WSBC) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.67 per share a year ago.

WesBanco (WSBC) Surpasses Q2 Earnings and Revenue Estimates

Generated solid earnings and loan growth; maintained strong capital levels; stable deposits WHEELING, W.Va. , July 25, 2023 /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 June 30, 2023.

WesBanco Announces Second Quarter 2023 Financial Results

Announces New Executive Employment Agreements WHEELING, W.Va. , July 21, 2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today that President and Chief Executive Officer Todd F.

WesBanco Completes Planned CEO Succession

WHEELING, W.Va. , July 19, 2023 /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 Stock, Series A (the "Series A Preferred Stock") (Nasdaq: WSBCP).

WesBanco Declares Quarterly Cash Dividend Upon Its Perpetual Preferred Stock

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.

WesBanco (WSBC) Reports Next Week: Wall Street Expects Earnings Growth

WHEELING, W.Va. , July 5, 2023 /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 2023 Second Quarter Earnings Conference Call and Webcast on Wednesday, July 26

Award recognizes banks and credit unions for extraordinary efforts to promote savings during America Saves Week WHEELING, W.Va. , June 13, 2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has earned the 2023 Designation of Savings Excellence (DOSE) award from America Saves.

WesBanco Bank Earns 2023 Designation of Savings Excellence Award from America Saves

WHEELING, W.Va. , May 25, 2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has promoted David Klick to the role of Upper Ohio Valley (UOV) Market President and Senior Commercial Banker.

WesBanco Bank Appoints David Klick as Upper Ohio Valley Market President

Timeline reflects strong progress in transitioning successor to role WHEELING, W.Va. , May 16, 2023 /PRNewswire/ -- Wesbanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today that Chief Executive Officer Todd F.

Wesbanco Announces Planned CEO Succession Date

BankUnited

Comerica

CVB Financial

East West Bancorp

First Horizon National

First Republic

Hope Bancorp

Independent Bank Group

SPDR S&P Bank ETF

PacWest Bancorp

Valley National

Western Alliance Bancorporation

Zions Bancorp

Investors aren't convinced the banking crisis is over. And they're not making any secret of the banks they're concerned with.

Investors Fear 12 Major Banks Are Still A Hot Mess

Evaluation recognizes overall superior performance in community lending, investment and service WHEELING, W.Va. , May 2, 2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has once again earned the highest composite rating of "Outstanding" from the Federal Deposit Insurance Corporation (FDIC) for its work in meeting the credit needs of the communities in which it operates, including low- and moderate-income neighborhoods.

WesBanco Earns Eighth "Outstanding" FDIC Community Reinvestment Act Rating

WHEELING, W.Va. , May 1, 2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company announced today that Todd F.

WesBanco CEO, COO, and CFO to Participate in the 25th Annual D. A. Davidson Financial Institutions Conference

Atlantic Union Bankshares Corp

Columbia Banking System

JPMorgan Chase & Co

Live Oak Bancshares

Northern Trust

Simmons First National Corporation

Veritex Hld

WSFS Financial

Just when you thought the S&P 500 banking crisis was over, tanking financial stocks remind investors the crisis still rages. The post 11 Bank Stocks Tank Again — Fueling Financial Crisis Dumpster Fire appeared first on Investor's Business Daily.

11 Bank Stocks Tank Again — Fueling Financial Crisis Dumpster Fire

WesBanco, Inc. (WSBC) Q1 2023 Earnings Call Transcript.

WesBanco, Inc. (WSBC) Q1 2023 Earnings Call Transcript

WesBanco (WSBC) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.70 per share a year ago.

WesBanco (WSBC) Lags Q1 Earnings and Revenue Estimates

WHEELING, W.Va. , April 24, 2023 /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, 2023.

WesBanco Announces First Quarter 2023 Financial Results

Company secures top ranking for the fifth consecutive year WHEELING, W.Va. , April 18, 2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has earned a spot on Forbes' World's Best Banks list for the fifth consecutive year.

WesBanco Named One of the World's Best Banks by Forbes

WesBanco (WSBC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

WHEELING, W. Va. , April 4, 2023 /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 2023 First Quarter Earnings Conference Call and Webcast on Tuesday, April 25

WesBanco's preferred shares trade at a discount to the redemption price. The reset rate margin of 6.557% is well above typical market premiums suggesting the preferred shares are likely to be called in November 2025.

WesBanco Preferred: An 11%+ Yield To Call Opportunity

WHEELING, W.Va. , March 2, 2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that it has been recognized on the Forbes 2023 list of America's Best Mid-Size Employers, representing WesBanco's third consecutive year on the list.

WesBanco Again Named One of America's Best Employers by Forbes

WHEELING, W.Va. , Feb. 27, 2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company announced today that Todd F.

WesBanco CEO, COO, and CFO to Participate in the 2023 RBC Capital Markets Global Financial Institutions Conference

WHEELING, W.Va. , Feb. 8, 2023 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company announced today that Todd F.

News for WesBanco Stock (WSBC)