I rate WesBanco, Inc. (NASDAQ: WSBC ) as a "Buy," mainly because of the recent "Tariff Selloff" that made the stock trade at 8.4x Price to Earnings Fwd (Non-Gaap). I see potential upside of 20% for the next 12 months. I also think there may beAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving co ...

Financial Results Announcement - Wesbanco, Inc. will release its financial results for Q1 2025 after market close on April 29, 2025[6] - A conference call to discuss the Q1 2025 financial results is scheduled for April 30, 2025, at 9:00 a.m. ET[6] - The financial results will provide insights into the company's operational performance and financial condition for the first quarter[6] - The scheduled conference call will allow management to address investor questions and provide further insights into future strategies[6] - The press release regarding the financial results is attached as Exhibit 99.1[6] Stock Information - The company’s common stock is traded on the Nasdaq Global Select Market under the symbol WSBC[4] - The company’s preferred stock is also traded on the Nasdaq Global Select Market under the symbol WSBCP[4] Compliance and Reporting - The company is not classified as an emerging growth company under the Securities Act of 1933[5] - The company has not indicated any changes to its accounting standards compliance[5] - The report was signed by Daniel K. Weiss, Jr., Senior Executive Vice President and CFO[9]

WHEELING, W.Va., April 2, 2025 /PRNewswire/ -- WesBanco, Inc. (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced today it will host a conference call at 9:00 a.m. ET on Wednesday, April 30, 2025. Jeffrey H. Jackson, President and Chief Executive Officer, and Daniel K. Weiss, Jr., Senior Executive Vice President and Chief Financial Officer, will review financial results for the first quarter of 2025. Results for the quarter are expected to be released after the market close on Tuesday, ...

WesBanco (WSBC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual ...

Financial Performance - For the twelve months ended December 31, 2024, net income available to common shareholders was $141.4 million, or $2.26 per diluted share, compared to $148.9 million, or $2.51 per diluted share for the same period in 2023, reflecting a decrease due to higher funding costs and inflationary pressures[208]. - Interest income increased by $114.1 million or 16.0% to $825.6 million in 2024 compared to 2023, while net interest income decreased by $3.1 million or 0.7% primarily due to higher funding costs[208]. - Total assets as of December 31, 2024, were $18.7 billion, an increase of 5.5% compared to December 31, 2023[209]. - Total portfolio loans increased to $12.7 billion, reflecting an 8.7% increase year-over-year from $11.6 billion at December 31, 2023[209]. - Total deposits increased by $965.0 million or 7.3% at December 31, 2024, compared to December 31, 2023, supporting loan growth[209]. - Criticized and classified loan balances increased to 2.80% of total portfolio loans, up from 2.22% at December 31, 2023[209]. - Tier I leverage ratio was 10.68%, Tier I risk-based capital was 13.06%, total risk-based capital was 15.88%, and common equity Tier 1 capital ratio was 12.07% as of December 31, 2024, indicating strong regulatory capital ratios[210]. - The quarterly dividend was increased to $0.37 per share in Q4 2024, marking the eighteenth increase over the last fourteen years, representing a cumulative increase of 164%[211]. Assets and Liabilities - As of December 31, 2024, Wesbanco's total assets were approximately $18.7 billion, with assets under management in the trust and investment services segment valued at around $6.0 billion[14]. - Wesbanco had $131.0 million in junior subordinated debt on its balance sheets as of December 31, 2024, with $126.9 million included in Tier 2 capital[58]. - Wesbanco's goodwill was approximately $1.1 billion, representing 39% of stockholders' equity as of December 31, 2024, which may require future impairment testing[124]. - Wesbanco's total assets increased above $15 billion due to recent acquisitions, affecting the inclusion of certain trust preferred securities in Tier 1 capital[149]. Employee and Corporate Culture - The company employed 2,195 full-time equivalent employees as of December 31, 2024, with an overall turnover rate of 17%[27]. - The average tenure of Wesbanco's full-time employees was approximately 10 years, while executive officers had an average tenure of over 18 years[27]. - Over 10% of Wesbanco's employees were minorities, with 56% of total officers being women[28]. - Wesbanco's corporate culture emphasizes customer and employee-centric values, focusing on long-term relationships and community stewardship[29]. Community Engagement and Philanthropy - In 2024, Wesbanco provided philanthropic donations and sponsorships totaling over $1.0 million, contributing nearly 12,000 volunteer hours to local organizations[32]. - Wesbanco's community development strategies focus on providing targeted investment and financial education to promote financial inclusion[85]. - Wesbanco CDC has made over 240 loans totaling in excess of $184 million, creating over 7,100 jobs in low-income communities[88]. - In the past five years, Wesbanco originated nearly $2.4 billion in community development loans, including over $520 million in 2024[89]. - Wesbanco employees provided nearly 12,000 hours of technical assistance and financial education to over 640 organizations and schools in 2024[90]. - Wesbanco's community development programs are supported by partnerships with governmental and non-profit agencies to assist low- and moderate-income consumers[89]. Regulatory and Compliance - The company is subject to enhanced prudential supervision due to its asset size exceeding $10 billion, ensuring compliance with safety and soundness regulations[36]. - The Federal Reserve's minimum capital levels require a CET1 of at least 4.5%, a Tier 1 capital ratio of at least 6%, and a total capital ratio of at least 8%[53]. - The Dodd-Frank Act requires annual company-run stress tests for bank holding companies with total consolidated assets greater than $100 billion, but Wesbanco is not subject to these rules as it has less than $100 billion in average total consolidated assets[74][75]. - The Dodd-Frank Act mandates that financial institutions retain at least 5% of the credit risk in securitizations, which may affect Wesbanco's funding strategies[78]. - Wesbanco's assets exceeded $10 billion for four consecutive quarters, bringing it under the supervision of the Consumer Financial Protection Bureau (CFPB) in 2019[80]. Risk Management - The company is enhancing its climate risk considerations into its risk management strategies to address potential impacts from climate change[100]. - Wesbanco's ability to mitigate risk depends on its enterprise risk management framework, which is crucial for managing various types of risks[151]. - Wesbanco is exposed to operational risks, including reputational risk and the risk of fraud or theft, which could adversely impact its business[145]. - The integration of future acquisitions may not be successful, potentially leading to a material adverse effect on the company's financial condition[142]. - Wesbanco's financial performance may be adversely affected if it fails to keep pace with technological changes in the financial services industry[158]. Competition and Market Position - The market for Wesbanco's trust and investment services faces intense competition from various financial institutions, impacting its market share growth potential[33]. - The company faces significant competition from local, regional, and national banks, as well as financial technology companies, which may impact its ability to attract and retain customers[136]. - Wesbanco's competitive position may be challenged by the introduction of new payment system technologies and cryptocurrency by competitors[136]. Acquisitions and Growth Strategy - Wesbanco completed the acquisition of Premier Financial Corp. on February 28, 2025, expanding its presence in Ohio and surrounding states[25]. - The anticipated cost savings and synergies from the acquisition of Premier Financial depend on successful integration, which may face challenges and uncertainties[125]. - Wesbanco has incurred significant transaction-related costs associated with the merger, which may impact short-term financial performance[129]. - Wesbanco's future profitability will depend on the success and growth of its subsidiaries, which may include acquisitions that could be dilutive to earnings per share[148]. - The company may need to raise additional capital in the future, but conditions in the capital markets may affect its ability to do so on favorable terms[150]. Technology and Cybersecurity - Wesbanco completed its core banking software conversion in 2021 to enhance operational efficiency and customer service[158]. - The bank's cybersecurity strategy includes a multi-layered approach to identify and mitigate threats, with ongoing education and incident response exercises[168]. - The company maintains backups of key processing output daily to mitigate risks associated with third-party vendor failures[157]. - Wesbanco's ability to pay dividends on common stock is limited by the outstanding Series A Preferred Stock, which requires full dividends to be paid before any common stock dividends can be declared[159].

Core Points - WesBanco, Inc. has successfully completed the acquisition of Premier Financial Corp, enhancing its position as a regional financial services institution with approximately $27 billion in assets [1][3] - The merger integrates Premier Bank into WesBanco Bank, Inc., and includes the appointment of four former Premier directors to the WesBanco Board of Directors [1][2] Group 1: Acquisition Details - The acquisition creates a combined entity that is the 81st largest insured depository organization in the U.S. and the 8th largest bank in Ohio based on deposit market share [3] - WesBanco now operates over 250 financial centers and loan production offices across nine states, including Indiana, Kentucky, Maryland, Michigan, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia [3] Group 2: Leadership and Integration - The integration of Premier's leadership and expertise is expected to enhance customer and community relationships, supporting long-term growth [4] - The former Premier financial centers will continue to operate under the Premier Bank name until a full rebranding to WesBanco occurs in mid-May [5] Group 3: Company Background - WesBanco has over 150 years of experience as a community-focused financial services partner, with total assets of $18.7 billion as of December 31, 2024 [6]

WHEELING, W.Va., Feb. 24, 2025 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today that it has been named to Newsweek's 2025 America's Best Regional Banks. This recognition serves as a testament to the Bank's 155-years of serving as a community-focused, regional financial services partner of choice. WesBanco named to Newsweek's America's Best Regional Banks List. "We are honored to be recognized by Newsweek as one of America's Best Regional Ban ...

Core Points - WesBanco, Inc. and Premier Financial Corp. have received all necessary regulatory approvals for their merger, with overwhelming shareholder support [1][2] - The merger is expected to close on or about February 28, 2025, pending customary closing conditions [2] - The combined entity will have approximately $27 billion in assets, making it the 8th largest bank in Ohio by deposit market share and expanding its presence in Indiana [3] WesBanco, Inc. - WesBanco has over 150 years of experience as a community-focused financial services provider, with total assets of $18.7 billion as of December 31, 2024 [4] - The company offers a comprehensive range of banking solutions, including retail and commercial banking, trust, brokerage, wealth management, and insurance services [4] - WesBanco aims to leverage large bank capabilities while maintaining a local focus to enhance community prosperity [4] Premier Financial Corp. - Premier Financial Corp. is headquartered in Defiance, Ohio, and operates 73 branches and nine loan offices across Ohio, Michigan, Indiana, and Pennsylvania [5] - The company focuses on community banking and has a dedicated team of wealth professionals for each branch [5]

Financial Data and Key Metrics Changes - The company reported strong loan growth fully funded through deposit growth [5] - Improved net interest margin was highlighted as a key performance indicator [5] Business Line Data and Key Metrics Changes - Specific details on individual business lines were not provided in the available content [1] Market Data and Key Metrics Changes - No specific market data or key metrics changes were mentioned in the available content [1] Company Strategy and Development Direction and Industry Competition - The company plans to provide an update on operations and an initial outlook for 2025, indicating a forward-looking strategy [5] Management's Comments on Operating Environment and Future Outlook - Management emphasized strong performance in the fourth quarter and full year 2024, suggesting a positive outlook for the future [5] Other Important Information - The call included cautionary statements regarding forward-looking information and non-GAAP measures [4] Q&A Session All Questions and Answers - No specific questions and answers from the Q&A session were provided in the available content [1]

Forward-looking statements in this report relating to WesBanco's plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The information contained in this report should be read in conjunction with WesBanco's Form 10-K for the year ended December 31, 2023 and documents subsequently filed by WesBanco with the Securities and Exchange Commission ("SEC") including WesBanco's Form 10 ...