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WesBanco, Inc.

WesBanco, Inc.

NASDAQ•WSBC
CEO: Mr. Jeffrey H. Jackson
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 1987-05-08
WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services. It offers commercial demand, individual demand, and time deposit accounts; commercial, mortgage and individual installment loans; retail loans, such as residential real estate mortgage loans, home equity lines of credit, and loans for other consumer purposes; installment loans to finance the purchase of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit; and various non-traditional offerings, such as insurance and securities brokerage services. The company also provides trust services; and various alternative investment products, including mutual funds and annuities. In addition, it acts as an agency that specializes in property, casualty, life, and title insurance, as well as benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; holds investment securities and loans; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.
Contact Information
1 Bank Plaza, Wheeling, WV, 26003, United States
304-234-9000
www.wesbanco.com
Market Cap
$3.36B
P/E (TTM)
17.4
14.8
Dividend Yield
4.3%
52W High
$37.18
52W Low
$26.42
52W Range
79%
Rank45Top 43.2%
4.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$386.23M+59.72%
4-Quarter Trend

EPS

$0.84+55.56%
4-Quarter Trend

FCF

$114.90M+101.91%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Strong NII Growth Post-Acquisition Net Interest Income surged 78.9% to $216.7M in Q3 2025, driven by PFC acquisition and higher asset yields across the expanded balance sheet.
Balance Sheet Expansion 47.3% Total assets reached $27.52B as of September 30, 2025, reflecting 47.3% growth since year-end 2024, primarily due to the PFC merger.
NIM Expansion to 3.53% Fully taxable equivalent Net Interest Margin improved 58 basis points year-over-year to 3.53% for the third quarter, reflecting better asset yields.
Capital Adequacy Maintained Common Equity Tier 1 ratio stood at 11.83% at period end, demonstrating strong capital levels well above minimum regulatory requirements.

Risk Factors

Asset Quality Deterioration Non-Performing Loans increased to $94.5M (0.50% ratio) from 0.32% at year-end, reflecting acquired non-accruals from the PFC transaction.
Elevated Provisioning Activity Provision for credit losses for nine months totaled $74.2M, heavily impacted by the $59.4M initial provision recorded for acquired PFC loans.
Increased Merger Expenses Restructuring and merger-related expenses totaled $11.4M in Q3 2025, significantly impacting GAAP net income due to integration costs.
Intangible Amortization Rises Amortization of intangible assets, mainly core deposit intangibles from PFC, increased sharply to $8.4M in Q3 2025.

Outlook

Liquidity Position Remains Strong Sources of liquidity expected within one year total $7.36B, supported by $1.01B in cash and substantial securities holdings.
Financial Center Optimization Strategy includes closing 27 legacy locations, anticipating phased-in pre-tax savings of approximately $6M by the first half of 2026.
Interest Rate Risk Management ALCO continues monitoring interest rate risk, maintaining policy limits for NIM sensitivity under various parallel rate shock scenarios.
Capital Structure Refinement Planned use of $230M Series B preferred stock proceeds includes redeeming outstanding Series A preferred stock and subordinated notes.

Peer Comparison

Revenue (TTM)

Banco Macro S.A.BMA
$4.82B
-19.2%
Fulton Financial CorporationFULT
$1.90B
+11.1%
Independent Bank Corp.INDB
$1.57B
+63.2%

Gross Margin (Latest Quarter)

First Interstate BancSystem, Inc.FIBK
100.0%
+38.0pp
WSFS Financial CorporationWSFS
73.3%
+4.7pp
Independent Bank Corp.INDB
65.2%
+3.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BMA$5.55B17.611.5%7.3%
INDB$3.80B12.58.7%3.1%
FIBK$3.65B14.97.3%2.9%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
15.8%
Strong Growth
4Q Net Income CAGR
19.0%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Next earnings:Jan 28, 2026
|
EPS:$0.84
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 10, 2025|
    Revenue: $386.23M+59.7%
    |
    EPS: $0.84+55.6%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 7, 2025|
    Revenue: $379.05M+62.8%
    |
    EPS: $0.57+29.5%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 8, 2025|
    Revenue: $286.81M+27.8%
    |
    EPS: $-0.15-126.8%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 3, 2025|
    Revenue: $947.61M+14.9%
    |
    EPS: $2.26-10.0%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 31, 2024|
    Revenue: $241.81M+13.7%
    |
    EPS: $0.54-6.9%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 1, 2024|
    Revenue: $232.87M+13.0%
    |
    EPS: $0.44-38.0%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 2, 2024|
    Revenue: $224.43M+20.3%
    |
    EPS: $0.56-16.4%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 26, 2024|
    Revenue: $824.87M+31.9%
    |
    EPS: $2.51-17.2%
    Beat