Earnings summaries and quarterly performance for WESBANCO.
Executive leadership at WESBANCO.
Jeffrey Jackson
President and Chief Executive Officer
Alisha Hipwell
Senior Executive Vice President – Chief Communications Officer
Brent Richmond
Executive Vice President – Treasury
Daniel Weiss
Senior Executive Vice President and Chief Financial Officer
Jan Pattishall Krupinski
Senior Executive Vice President – Chief Administrative Officer
Jayson Zatta
Senior Executive Vice President – Chief Banking Officer
Kimberly Griffith
Senior Executive Vice President – Chief Human Resources Officer
Michael Perkins
Senior Executive Vice President – Chief Risk Officer
Robert Friend
Executive Vice President – Chief Credit Officer
Scott Love
Executive Vice President – Wealth Management
Stephen Lawrence
Executive Vice President – Chief Internal Auditor
Board of directors at WESBANCO.
Abigail Feinknopf
Director
Bruce Knox
Director
Christopher Criss
Chair of the Board
Denise Knouse-Snyder
Director
Eric Nelson
Director
Gregory Proctor
Director
James Cornelsen
Director
Jay McCamic
Director
John Bookmyer
Director
Joseph Robinson
Director
Kerry Stemler
Director
Lee Burdman
Director
Lisa Knutson
Director
Louis Altman
Director
Michael Crawford
Director
Robert Fitzsimmons
Director
Rosie Allen-Herring
Director
Todd Clossin
Director
Zahid Afzal
Director
Research analysts who have asked questions during WESBANCO earnings calls.
Catherine Mealor
Keefe, Bruyette & Woods
6 questions for WSBC
Daniel Tamayo
Raymond James Financial, Inc.
6 questions for WSBC
David Bishop
Hovde Group
6 questions for WSBC
Karl Shepard
RBC Capital Markets
6 questions for WSBC
Russell Gunther
Stephens Inc.
6 questions for WSBC
Manuel Navas
D.A. Davidson & Co.
4 questions for WSBC
Andrew Liesch
Piper Sandler
1 question for WSBC
Recent press releases and 8-K filings for WSBC.
- Wesbanco reported Net Income Available to Common Shareholders of $90.0 million and Diluted EPS of $0.94/share for Q3 2025. The Net Interest Margin (NIM) was 3.53%, an increase of 58 basis points year-over-year, and the efficiency ratio improved to 55.1%.
- Total loans increased 52.0% year-over-year to $18.9 billion, and total deposits increased 53.8% year-over-year to $21.3 billion, primarily driven by the Premier Financial Corp (PFC) acquisition. Organic loan growth was 4.8% year-over-year and 2.2% quarter-over-quarter annualized.
- The company plans to close 27 financial center locations in early-2026, expecting approximately $6 million in net pre-tax savings. Additionally, on September 10, 2025, Wesbanco raised $230 million through the issuance of Series B preferred stock, with proceeds allocated to redeem Series A preferred stock, sub-debt from PFC, and general corporate purposes.
- WesBanco, Inc. (WSBC) will redeem all 150,000 outstanding shares of its 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, and 6,000,000 related depositary shares (WSBCP) on November 15, 2025.
- The redemption price is $1,000 per share of Series A Preferred Stock or $25.00 per Depositary Share.
- This redemption will be funded with a portion of the net proceeds from WesBanco's previously disclosed public offering of Series B Preferred Stock, which was completed on September 17, 2025.
- On and after the Redemption Date, no Series A Preferred Stock or Depositary Shares will remain outstanding, and trading of the Depositary Shares on the NASDAQ Stock Market will cease.
- WesBanco reported diluted earnings per share of $0.94 (excluding merger-related charges) and net income of $90 million (excluding merger and restructuring expenses) for Q3 2025, representing a 68% year-over-year increase in EPS.
- The company achieved 4.8% year-over-year organic loan growth and $570 million in year-over-year organic deposit growth, fully funding loan growth. The net interest margin (NIM) for Q3 2025 was 3.53%, a 58 basis point improvement year-over-year, and is anticipated to rebound to the mid to high 350s in Q4.
- WesBanco's efficiency ratio improved to 55% and is expected to continue improving through 2026. The company also announced the closure of 27 financial centers, projected to generate approximately $6 million in net pre-tax annual savings.
- WesBanco raised $230 million of Series B preferred stock and expects its CET1 ratio to build 15-20 basis points per quarter. The company anticipates mid-single-digit year-over-year loan growth for 2025 and mid to upper single-digit loan growth for 2026.
- WesBanco reported strong third-quarter 2025 results, with net income (excluding merger-related charges) of $90 million and diluted earnings per share of $0.94, representing a 68% year-over-year increase in EPS.
- The company achieved robust loan growth, with total portfolio loans increasing 52% year-over-year to $18.9 billion, and organic loan growth of 4.8% year-over-year. This growth was fully funded by organic deposit growth of over $570 million year-over-year.
- WesBanco's net interest margin improved 58 basis points year-over-year to 3.53%, and the efficiency ratio improved 10 percentage points year-over-year to 55%. Non-interest income also saw significant growth, increasing 51.5% year-over-year to $44.9 million.
- The company is optimizing its financial center network by closing 27 locations in legacy markets, which is expected to generate approximately $6 million in net pre-tax annual savings.
- WesBanco raised $230 million of Series B preferred stock to redeem existing Series A preferred stock and subordinated debt, with an internal target for the CET1 ratio between 10.5% and 11%.
- Wesbanco, Inc. (WSBC) completed a public offering of 9,200,000 depositary shares on September 17, 2025.
- Each depositary share represents 1/40th of a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, with a liquidation preference of $25.00 per depositary share (equivalent to $1,000.00 per preferred share).
- The Series B Preferred Stock ranks senior to the company's common stock and on parity with its 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Series A Preferred Stock regarding dividend rights and liquidation.
- Dividends on the Series B Preferred Stock are non-cumulative and accrue at a rate of 7.375% per annum on the liquidation preference until the First Reset Date.
- The company filed Articles of Amendment on September 15, 2025, establishing the terms for the Series B Preferred Stock, with 230,000 initially authorized shares of Series B Preferred Stock.
- Wesbanco has priced an underwritten public offering of 9,200,000 depositary shares, each representing a 1/40th interest in a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B.
- The offering, totaling $230 million, is expected to close on or about September 17, 2025.
- Approximately $150 million of the net proceeds will be used to redeem outstanding 6.75% Series A Preferred Stock, and $50 million will redeem 4.0% Fixed-To-Floating Rate Subordinated Notes due September 30, 2030.
- The remaining net proceeds are designated for general corporate purposes, which may include repayment of indebtedness, capital expenditures, contributions to Wesbanco Bank, funding acquisitions, and working capital.
- Wesbanco, Inc. has priced an underwritten public offering of 9,200,000 depositary shares, each representing a 1/40th interest in 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, with a liquidation preference of $1,000 per share (equivalent to $25 per depositary share). The offering is expected to close on or about September 17, 2025.
- Wesbanco intends to use approximately $150 million of the net proceeds to redeem its outstanding 6.75% Series A Preferred Stock and $50 million to redeem its 4.0% Fixed-To-Floating Rate Subordinated Notes due September 30, 2030. The remaining net proceeds will be used for general corporate purposes.
- Dividends on the Series B Preferred Stock will accrue and be payable quarterly, in arrears, at a rate of 7.375% per annum until October 1, 2030, and then at a rate equal to the five-year treasury rate plus 3.795%. Wesbanco intends to list the depositary shares on The Nasdaq Global Select Market under the symbol "WSBCPB".
- Wesbanco, Inc. reported Q2 2025 financial highlights, including $87.3 million in net income available to common shareholders and $0.91/share diluted EPS. The net interest margin (NIM) improved to 3.59%, up 24 basis points quarter-over-quarter and 64 basis points year-over-year.
- Total loans increased 53.6% year-over-year to $18.8 billion, and total deposits increased 57.5% year-over-year to $21.2 billion, primarily due to the Premier Financial Corp. (PFC) acquisition, which closed in February 2025.
- The company's efficiency ratio improved to 55.5%, and wealth management assets under management reached a record $7.2 billion for Trust & Investment Services and $2.6 billion for broker-dealer securities account values.
Quarterly earnings call transcripts for WESBANCO.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more