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WSBCP

WesBanco, Inc.

WSBCP

WesBanco, Inc. • NASDAQ
$24.99 ▲ 0.04% (+0.01)
Market Cap $2.92 B
52w High $25.60
52w Low $24.86
Dividend Yield 1.69%
P/E 7.91
Volume 124.42K
Outstanding Shares 116.96M

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 ▲$0 ▲$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 ▲$10.00M ▲$10.00M ▲$10.00M ▲
Trail Commissions
Trail Commissions
 $0 ▲$0 ▲$0 ▲$0 ▲
Trust Account Fees
Trust Account Fees
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Wes Mark Fees
Wes Mark Fees
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement WesBanco’s income statement shows a bank that remains solidly profitable but past its earnings peak. Revenue has been climbing at a healthy pace in recent years, which suggests decent loan growth and fee generation. However, profit margins have narrowed compared with a few years ago, likely reflecting higher funding costs, competitive pressure on loan pricing, and possibly higher credit or operating expenses. Net income and earnings per share are lower than they were in the early 2020s, even though total revenue is higher. This means each dollar of revenue is now producing less bottom-line profit than before. The story here is: growing business activity, but profitability per unit of business has been squeezed, and per‑share earnings have trended down from earlier highs while still remaining clearly positive.

Balance Sheet

Balance Sheet The balance sheet looks steady and conservative for a regional bank. Total assets have grown gradually over time, pointing to measured expansion rather than rapid, risky growth. Equity has edged up, which signals that the bank has been retaining some earnings and maintaining a solid capital base. Debt levels have moved around but remain modest relative to the overall size of the bank. Cash balances have fluctuated, with a noticeable spike and then normalization, which is typical as banks adjust liquidity in response to interest-rate and funding conditions. Overall, the balance sheet reads as reasonably well-capitalized and not overly leveraged, though the rise in borrowings versus a few years ago is a point to monitor if conditions tighten further.

Cash Flow

Cash Flow Cash generation from operations has been consistently positive, which is an encouraging sign for the underlying health of the franchise. Even as earnings have come down from earlier highs, the bank continues to produce enough internal cash flow to comfortably support its activities. Capital spending is very light, so free cash flow is usually close to operating cash flow. This suggests WesBanco does not require heavy physical investment to sustain or grow its business, which is typical for banks that primarily invest via loans and securities rather than hard assets. The cash flow profile points to a self-funding model with decent flexibility to absorb bumps in the operating environment.

Competitive Edge

Competitive Edge WesBanco operates as a mid-sized regional bank with a long history and a community-focused identity, which gives it relationship depth and brand trust in its core markets. Its positioning as a bank that offers large-bank capabilities with a community-bank feel is a key part of its moat, helping it compete against both national players and smaller local institutions. The bank is diversified beyond basic lending, with long-established trust and investment services and a growing set of fee-based offerings for individuals and businesses. Strategic acquisitions, such as the Premier Financial deal, expand its footprint and scale across several states, but also add integration complexity and execution risk. Competition from national banks and digital-first challengers remains a structural pressure, so maintaining service quality and niche strengths will be critical.

Innovation and R&D

Innovation and R&D WesBanco is not trying to be a cutting-edge fintech disruptor, but it has been steadily modernizing. Its digital suite—mobile banking, remote deposit, bill pay, and budgeting tools—matches what customers now expect from a competent regional bank. The real focus appears to be strong execution of proven technologies rather than inventing new ones. Investments in cloud services, data analytics, and network upgrades, along with an internal innovation committee, show a structured approach to staying current. Partnerships and new treasury products support efficiency and fee-income growth more than flashy innovation. The main risk is falling behind the largest banks and pure-play fintechs if it underinvests, but its measured, practical approach should help it keep pace with mainstream customer needs.

Summary

Overall, WesBanco looks like a historically steady regional bank that is growing its business base while working through a more challenging profitability environment. Revenue has expanded and the balance sheet appears sound, but profit margins and per‑share earnings are lower than earlier in the decade, reflecting industry-wide pressures from interest rates, funding costs, and competition. The bank’s strength lies in its long-standing community relationships, diversified services, and disciplined, incremental use of technology. Strategic acquisitions and new market entries could provide additional scale and fee income, but also introduce integration and credit-cycle risks. For someone tracking the credit quality behind the WSBCP securities, the picture is of a mature, relationship-driven institution with stable cash generation and a conservative balance sheet, but operating in a banking landscape where careful cost control and continued digital investment will be important to protect returns.