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WSBCO: A 7.375% Fixed-Rate Reset Preferred IPO From WesBanco (NASDAQ:WSBC)
Seeking Alpha· 2025-10-20 19:35
Group 1 - The article discusses new fixed-income financial products listed on the exchange, focusing on the IPO-evaluation methodology applied to the latest product [1] - Active investors are invited to join a free trial and engage in discussions within a chat room of sophisticated traders and investors [1] Group 2 - The article emphasizes that past performance does not guarantee future results and does not provide specific investment recommendations [2] - It clarifies that the analysts contributing to the article may not be licensed or certified by any regulatory body [2]
Looking For Yields: Essential Utilities, Verizon, And WesBanco Are Consistent Moneymakers
Yahoo Finance· 2025-10-13 12:01
Core Insights - Companies with a strong history of dividend payments and increases are attractive to income-focused investors, with Essential Utilities, Verizon, and WesBanco recently announcing dividend hikes and offering yields up to around 6% [1]. Essential Utilities - Essential Utilities Inc. (NYSE:WTRG) provides water, wastewater, and natural gas services in the U.S. [2] - The company has raised its dividends for 34 consecutive years, with a recent increase of 5.25% to $0.3426 per share, translating to an annual figure of $1.37 per share [3]. - The current dividend yield is 3.34%, and the annual revenue as of June 30 is $2.34 billion. For Q2 2025, the company reported revenues of $514.91 million and EPS of $0.38, both exceeding consensus estimates [3]. Verizon Communications - Verizon Communications Inc. (NYSE:VZ) is a major player in technology and telecommunications, known for its extensive wireless network and services [4]. - The company has increased its dividends for 19 consecutive years, with a recent hike of 1.25% to $0.69 per share, equating to an annual figure of $2.76 per share [5]. - The current dividend yield is 6.68%, and the annual revenue as of June 30 is $137 billion. For Q2 2025, Verizon reported revenues of $34.50 billion and EPS of $1.22, both surpassing consensus estimates [5]. WesBanco - WesBanco Inc. (NASDAQ:WSBC) offers a range of banking and financial services in the U.S. [6]. - The company has raised its dividends for 14 consecutive years, with a recent increase from $0.36 to $0.37 per share, resulting in an annual figure of $1.48 per share [7]. - The current dividend yield stands at 4.40%, and the company maintained its payout level in a recent announcement [7].
WesBanco(WSBC) - 2025 Q3 - Quarterly Results
2025-10-22 20:36
[Filing Information](index=1&type=section&id=Filing%20Information) This section provides the foundational details of the Form 8-K filing, including the registrant's identity, jurisdiction, and the securities registered on the Nasdaq Global Select Market [General Filing Details](index=1&type=section&id=General%20Filing%20Details) This section provides the foundational details of the Form 8-K filing, including the registrant's identity, jurisdiction, and the securities registered on the Nasdaq Global Select Market - The filing is a **Form 8-K Current Report** by WESBANCO, INC., dated October 02, 2025[1](index=1&type=chunk)[2](index=2&type=chunk) - Wesbanco, Inc. is incorporated in **West Virginia**[2](index=2&type=chunk) Registered Securities | Title of each class | Symbol(s) | Name of each exchange on which registered | | :------------------ | :-------- | :---------------------------------------- | | Common Stock $2.0833 Par Value | WSBC | Nasdaq Global Select Market | | Depositary Shares (each representing 1/40th interest in a share of 6.75% Fixed-Rate Reset Non Cumulative Perpetual Preferred Stock, Series A) | WSBCP | Nasdaq Global Select Market | [Item 2.02 Results of Operations and Financial Condition](index=3&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) This section details the announcement regarding the release of third-quarter 2025 financial results and the associated conference call [Third Quarter 2025 Earnings Release Announcement](index=3&type=section&id=Third%20Quarter%202025%20Earnings%20Release%20Announcement) Wesbanco, Inc. announced the scheduled release of its financial results for the third quarter of 2025 and an accompanying conference call for investors and analysts - Third quarter 2025 financial results will be released after market close on **Wednesday, October 22, 2025**[6](index=6&type=chunk) - A conference call to discuss the results will be hosted on **Thursday, October 23, 2025, at 3:00 p.m. ET**[6](index=6&type=chunk) - The press release detailing this announcement is attached as **Exhibit 99.1** to this report[7](index=7&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=3&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section outlines the financial statements and exhibits included as part of the Form 8-K filing [Exhibits Filed](index=3&type=section&id=Exhibits%20Filed) This section lists the exhibits that are filed as part of this Form 8-K report, providing supplementary information Exhibit List | Exhibit Number | Description | | :------------- | :---------------------------------------------------------------------------- | | 99.1 | Press release announcing the scheduled release of third quarter 2025 earnings and conference call | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | [Signature](index=4&type=section&id=Signature) This section provides the formal signatory details, confirming the report's authorization and submission [Authorized Signatory](index=4&type=section&id=Authorized%20Signatory) This section formally concludes the report, indicating that it has been duly signed on behalf of Wesbanco, Inc. by an authorized officer - The report was signed by **Daniel K. Weiss, Jr., Senior Executive Vice President and Chief Financial Officer** of Wesbanco, Inc[10](index=10&type=chunk) - The signing date for the report was **October 2, 2025**[10](index=10&type=chunk)
WesBanco, Inc. to Host 2025 Third Quarter Earnings Conference Call and Webcast on Thursday, October 23rd
Prnewswire· 2025-10-02 13:00
Core Points - WesBanco, Inc. will host a conference call on October 23, 2025, to review its financial results for the third quarter of 2025, with results expected to be released after market close on October 22, 2025 [1] - The conference call can be accessed via a live webcast on the company's website or by dialing specific numbers for participants [2] - A replay of the conference call will be available starting at 5:00 p.m. ET on October 23, 2025, and will end at 12 a.m. ET on November 6, 2025 [3] Company Overview - WesBanco, Inc. has over 150 years of experience as a community-focused financial services partner, offering a range of banking solutions, trust, brokerage, wealth management, and insurance services [4] - The company is headquartered in Wheeling, West Virginia, and has total assets of $27.6 billion, with $7.2 billion in assets under management in its Trust and Investment Services [4]
WesBanco, Inc. Names Amby Bauer as Western Pennsylvania Market President
Prnewswire· 2025-10-01 16:25
Core Insights - WesBanco, Inc. has appointed Amby Bauer as the Western Pennsylvania Market President and Senior Commercial Banker, effective immediately, to lead growth strategies in the region [1][2][3] Group 1: Leadership and Experience - Amby Bauer brings over 25 years of industry experience, having joined WesBanco in 2022 as a Commercial Banker [2] - Prior to WesBanco, Bauer served as Vice President of Corporate Banking at Dollar Bank, managing a corporate banking portfolio [2] - Bauer holds a Bachelor of Arts degree in economics from The Pennsylvania State University and a Wharton Leadership Certificate from the Stonier ABA Graduate School of Banking [2] Group 2: Strategic Focus - Bauer's role will involve fostering relationships and initiatives that support Western Pennsylvania communities, reflecting WesBanco's commitment to local engagement [1][3] - The focus will be on providing personalized, high-quality financial services to meet the evolving needs of clients [3] Group 3: Company Overview - WesBanco, Inc. has over 150 years of experience as a community-focused financial services partner, with total assets of $27.6 billion as of June 30, 2025 [4] - The company offers a comprehensive range of services, including retail and commercial banking, trust, brokerage, wealth management, and insurance [4] - WesBanco operates across an eight-state footprint, emphasizing local focus while leveraging large bank capabilities [4]
WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock, Series A
Prnewswire· 2025-09-25 20:15
Core Points - WesBanco, Inc. has declared a quarterly cash dividend of $0.421875 per depositary share on its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A, for the period from August 15, 2025, to November 15, 2025 [1] - The total cash dividend amounts to $16.875 per share of the Series A Preferred Stock outstanding, payable on November 15, 2025, to shareholders of record on November 1, 2025 [1] Company Overview - WesBanco, Inc. is a diversified, multi-state bank holding company with over 150 years of experience, focusing on community financial services [2] - The company has total assets of $27.6 billion, with $7.2 billion in Trust and Investment Services assets under management and $2.6 billion in securities account values as of June 30, 2025 [2]
WSBC Makes Bullish Cross Above Critical Moving Average
Nasdaq· 2025-09-18 20:30
Core Insights - WesBanco Inc shares have crossed above their 200-day moving average of $32.11, reaching a high of $32.37 per share, indicating positive trading momentum [2] - The current trading price of WesBanco Inc shares is approximately $32.32, reflecting a daily increase of about 3.8% [2] - The 52-week range for WesBanco Inc shares is between a low of $26.42 and a high of $37.36 [2]
KBW Announces Index Rebalancing for Third-Quarter 2025
The Manila Times· 2025-09-13 00:47
Core Viewpoint - Keefe, Bruyette & Woods, Inc. announces the upcoming index rebalancing for the KBW Regional Banking Index, effective September 22, 2025, indicating changes in its constituent components [1][2]. Group 1: Index Rebalancing Details - The rebalancing will affect the KBW Regional Banking Index (Ticker: KRX; ETF Ticker: KBWR) [2]. - Renasant Corporation (NYSE: RNST) and WesBanco, Inc. (NYSE: WSBC) are among the companies involved in the changes [2][3]. Group 2: KBW Overview - KBW is a leading independent authority in the financial services sector, including banking, insurance, and asset management, and is a wholly owned subsidiary of Stifel Financial Corp. [5]. - Established in 1962, KBW has a strong reputation in research, corporate finance, mergers and acquisitions, and trading of equity securities [5].
Wesbanco Announces Pricing of $230 Million Offering of Depositary Shares Representing Interests in Preferred Stock
Prnewswire· 2025-09-11 00:30
Core Viewpoint - Wesbanco, Inc. has announced a public offering of 9,200,000 depositary shares representing a 1/40 interest in a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, with a liquidation preference of $1,000 per share [1][2] Summary by Sections Offering Details - The depositary shares will accrue dividends at a rate of 7.375% per annum from September 17, 2025, to October 1, 2030, payable quarterly [2] - After October 1, 2030, the dividend rate will reset to the five-year treasury rate plus 3.795% [2] - Wesbanco may redeem the Series B Preferred Stock at a price of $1,000 per share on any dividend payment date after October 1, 2030 [2] Use of Proceeds - Approximately $150 million of the net proceeds will be used to redeem the outstanding 6.75% Series A Preferred Stock [3] - Approximately $50 million will be allocated to redeem the 4.0% Fixed-To-Floating Rate Subordinated Notes due September 30, 2030 [3] - Remaining proceeds will support general corporate purposes, including debt repayment, capital expenditures, and potential acquisitions [3] Company Background - Wesbanco has over 150 years of experience as a community-focused financial services provider [6] - The company has total assets of $27.6 billion, with $7.2 billion in Trust and Investment Services assets under management as of June 30, 2025 [7]
WesBanco, Inc. Appoints Richard Laws as Chief Legal Counsel
Prnewswire· 2025-08-14 17:00
Core Insights - WesBanco, Inc. has appointed Richard Laws as Senior Executive Vice President and Chief Legal Counsel, effective August 18, 2025, marking a strategic evolution in the company's legal leadership [1][2][4] - Laws brings over 25 years of legal experience, including his previous role as Chief Legal Officer at Northwest Bank, where he managed all legal activities for a $16 billion financial institution [2][4] - The appointment reflects WesBanco's commitment to building the necessary infrastructure to support long-term success, especially following its acquisition of Premier Financial Corp. [4][5] Company Overview - WesBanco, Inc. is a diversified, multi-state bank holding company with total assets of $27.6 billion as of June 30, 2025 [5] - The company offers a comprehensive range of financial services, including retail and commercial banking, trust, brokerage, wealth management, and insurance services [5] - WesBanco has received national recognition, including being named one of Forbes' Most Trusted Companies and Newsweek's America's Best Regional Banks [4]