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WSBC

WesBanco, Inc.

WSBC

WesBanco, Inc. • NASDAQ
$32.27 ▼ -0.49% (-0.16)
Market Cap $3.10 B
52w High $37.18
52w Low $26.42
Dividend Yield 1.48%
P/E 15.29
Volume 189.22K
Outstanding Shares 96.05M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $551.578M ▲ $163.885M ▼ $81.529M ▲ 14.781% ▼ $0.84 ▲ $114.693M ▲
Q2-2025 $379.046M ▲ $185.242M ▲ $57.415M ▲ 15.147% ▲ $0.57 ▲ $80.177M ▲
Q1-2025 $286.805M ▲ $132.874M ▲ $-8.992M ▼ -3.135% ▼ $-0.15 ▼ $-5.442M ▼
Q4-2024 $248.502M ▲ $99.632M ▼ $49.629M ▲ 19.971% ▲ $0.7 ▲ $63.971M ▲
Q3-2024 $241.81M $99.652M $37.272M 15.414% $0.54 $46.75M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.243B ▼ $27.518B ▼ $23.402B ▼ $4.117B ▲
Q2-2025 $1.405B ▲ $27.572B ▲ $23.752B ▲ $3.819B ▲
Q1-2025 $1.346B ▲ $27.412B ▲ $23.631B ▲ $3.782B ▲
Q4-2024 $780.725M ▼ $18.684B ▲ $15.894B ▲ $2.79B ▼
Q3-2024 $2.849B $18.514B $15.713B $2.802B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $0 $105.05M ▲ $-97.059M ▼ $57.324M ▼ $65.315M ▼ $98.282M ▲
Q1-2025 $0 $-26.423M ▼ $359.54M ▲ $190.461M ▲ $523.578M ▲ $-30.749M ▼
Q4-2024 $0 $67.426M ▲ $-267.282M ▼ $147.096M ▼ $-52.76M ▼ $62.832M ▲
Q3-2024 $0 $60.743M ▲ $-233.104M ▲ $306.469M ▼ $134.108M ▲ $56.906M ▲
Q2-2024 $0 $18.194M $-358.697M $317.623M $-22.88M $19.06M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Annuity Commissions
Annuity Commissions
 $0 ▲$10.00M ▲$0 ▼$0 ▲
Commercial Banking Fees
Commercial Banking Fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Equity And Debt Security Trades
Equity And Debt Security Trades
 $0 ▲$0 ▲$0 ▲$0 ▲
Fiduciary and Trust
Fiduciary and Trust
 $10.00M ▲$20.00M ▲$10.00M ▼$10.00M ▲
Managed Money
Managed Money
 $0 ▲$0 ▲$0 ▲$0 ▲
Personal Service Charges
Personal Service Charges
 $10.00M ▲$20.00M ▲$10.00M ▼$10.00M ▲
Trail Commissions
Trail Commissions
 $0 ▲$0 ▲$0 ▲$0 ▲
Trust Account Fees
Trust Account Fees
 $10.00M ▲$20.00M ▲$10.00M ▼$10.00M ▲
Wes Mark Fees
Wes Mark Fees
 $0 ▲$10.00M ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been climbing over the past few years, especially recently, showing that WesBanco is growing its business base. However, profit per share actually peaked a few years ago and has been easing since then, even as revenue rises. That suggests margins are under pressure, likely from higher funding costs, competition for deposits, or higher operating expenses. Overall, the income statement shows a healthy, growing bank, but one that is currently trading some profitability for growth and navigating a tougher rate environment.

Balance Sheet

Balance Sheet The balance sheet looks generally steady and conservative for a regional bank. Total assets have grown gradually, not in a rushed or risky way, and shareholders’ equity has held up reasonably well with a recent uptick. Debt levels are higher than they were a few years ago but have started to come down a bit, which points to some active balance sheet management. Cash levels are solid but lower than the elevated pandemic-era levels, which is typical as conditions normalize. Overall, WesBanco appears to be growing while keeping its financial foundation relatively stable.

Cash Flow

Cash Flow WesBanco has consistently generated positive cash flow from its operations, which is a key sign of an underlyingly sound business. Free cash flow has closely tracked operating cash flow, helped by modest spending on fixed assets, meaning the bank does not appear to be heavily reliant on big capital projects. There was a particularly strong cash flow year earlier in the period, followed by a softer patch and then some improvement again most recently. This pattern suggests the bank can generally fund its own needs and strategic moves from internal cash generation, though cash flow strength can still swing with the interest rate and credit cycle.

Competitive Edge

Competitive Edge WesBanco competes as a relationship-driven regional bank with deep community roots and a long operating history, which gives it trust and loyalty that are hard for newer entrants to copy. Its footprint across multiple states, combined with a long-standing wealth management arm and a granular deposit base, provides diversification and a more stable funding mix. The recent Premier Financial merger meaningfully boosts its scale and market presence, especially in Ohio, which can enhance efficiency and brand recognition. At the same time, it faces stiff competition from both much larger national banks and agile digital-only players, so maintaining its “community bank feel” while operating at a larger scale will be a key balancing act.

Innovation and R&D

Innovation and R&D WesBanco’s innovation approach is steady and practical rather than flashy. It offers modern digital basics—mobile banking, online tools, and features like early paycheck access and integrated cash management for businesses—that keep it competitive but not necessarily ahead of the pack. Behind the scenes, the bank is investing in cloud and AI technologies through large technology partners and runs an internal innovation committee, signaling ongoing attention to new ideas without taking extreme bets. The main risk is moving too slowly relative to the fastest innovators, but the main strength is that upgrades are tightly linked to customer needs and the bank’s community-focused identity.

Summary

WesBanco comes across as a disciplined, community-centered regional bank that is growing its revenue base while managing through margin and earnings pressure. Its balance sheet and cash flow profile look solid and steady, suggesting a generally conservative stance rather than aggressive risk-taking. The competitive edge rests on long-term customer relationships, diversified regional presence, and a long track record in wealth management, now reinforced by added scale from the Premier merger. On the innovation front, the bank is methodically modernizing its technology and digital offerings, aiming to blend a traditional community-bank feel with contemporary services. Going forward, the key themes to watch are how effectively it restores profitability per share, integrates its acquisition, manages credit quality in a changing economy, and turns its digital investments into clear customer and cost advantages.

NEWS

November 19, 2025 · 4:15 PM UTC

WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock, Series B

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November 4, 2025 · 9:00 AM UTC

WesBanco Announces Full Redemption of 6,000,000 Depositary Shares, Each Representing a 1/40th Interest in a Share of Its 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A

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October 28, 2025 · 9:30 AM UTC

WesBanco, Inc. Expands Operations in Growing Tennessee Markets

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October 22, 2025 · 4:18 PM UTC

WesBanco Announces Third Quarter 2025 Financial Results

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October 2, 2025 · 9:00 AM UTC

WesBanco, Inc. to Host 2025 Third Quarter Earnings Conference Call and Webcast on Thursday, October 23rd

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