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WesBanco(WSBC) - 2024 Q2 - Quarterly Report
2024-08-01 20:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39442 | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|----------------|-------|-------| | | | | | | | | | ...
WesBanco(WSBC) - 2024 Q2 - Earnings Call Transcript
2024-07-26 16:00
WesBanco, Inc. (NASDAQ:WSBC) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants John Iannone - Senior Vice President, Investor Relations Jeff Jackson - President & Chief Executive Officer Dan Weiss - Senior Executive Vice President & Chief Financial Officer Conference Call Participants Karl Shepard - RBC Capital Markets Catherine Mealor - KBW Russell Gunther - Stephens David Bishop - Hovde Group Daniel Cardenas - Janney Montgomery Scott Manuel Navas - D.A. Davidson Operator Good ...
WesBanco(WSBC) - 2024 Q2 - Earnings Call Presentation
2024-07-26 14:18
Forward-Looking Statements and Non-GAAP Financial Measures ©2024 WesBanco Inc. | All rights reserved 8 consecutive quarters of strong YoY loan growth averaging 9% ©2024 WesBanco Inc. | All rights reserved Quarter Ending Year-to-Date | --- | --- | --- | --- | --- | --- | |----------------------------------------------------|--------|---------|---------|--------|---------| | Return on Average Assets (1)(2) | 0.66% | (32bp) | (9bp) | 0.71% | (29bp) | | PTPP Return on Average Assets (1)(2) | 1.11% | (21bp) | 3b ...
WesBanco (WSBC) Q2 Earnings Miss Estimates
ZACKS· 2024-07-26 14:15
WesBanco (WSBC) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -9.26%. A quarter ago, it was expected that this holding company for WesBanco Bank would post earnings of $0.56 per share when it actually produced earnings of $0.56, delivering no surprise. Over the last four quarters, t ...
WesBanco, Inc. Announces Transformative Merger with Premier Financial Corp.
Prnewswire· 2024-07-26 12:10
Creates a community-focused, regional financial services partner with $27+ billion in assets WHEELING, W.Va., July 26, 2024 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (NASDAQ: WSBC) and Premier Financial Corp. ("Premier") (NASDAQ: PFC) jointly announced today that they have executed a definitive Agreement and Plan of Merger ("Agreement") providing for the merger of Premier with and into WesBanco. Jeff Jackson, President and Chief Executive Officer of WesBanco, and Gary Small, President and Chief Executive ...
WesBanco(WSBC) - 2024 Q2 - Quarterly Results
2024-07-26 12:01
WesBanco Announces Second Quarter 2024 Financial Results Marks eight consecutive quarters of strong year-over-year loan growth averaging 9% "WesBanco sustained its positive momentum in 2024 with solid second-quarter results characterized by continued loan and deposit growth. We maintained a diligent focus on cost control, while making strategic investments in our company to secure our long-term success," said Jeff Jackson, President and Chief Executive Officer, WesBanco. "The strength of our balance sheet a ...
WesBanco Announces Second Quarter 2024 Financial Results
Prnewswire· 2024-07-26 12:00
| --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------|----------------|--------------|------------------------------------------|---------------|----------------|------------------------------------------|-------------| | Statement of Income \nInterest and dividend income | 2024 | 2023 | For the Three Months Ended June 30, \n | \n% Change | 2024 | For the Six Months Ended June 30, \n2023 | % Change | | Loans, including fees | $ 175,361 | | $ 145,741 | 20.3 ...
WesBanco Bank Earns 2024 Designation of Savings Excellence Award from America Saves
Prnewswire· 2024-07-22 13:30
Award recognizes exceptional efforts to promote savings during America Saves Week WHEELING, W.Va., July 22, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multistate bank holding company, announces that its affiliate, WesBanco Bank, has earned the America Saves Designation of Savings Excellence (DOSE) award for the ninth consecutive year. This honor is explicitly reserved for financial institutions that created measurable impact and displayed exceptional achievement during the annual Ame ...
WesBanco Inc. Named to Newsweek's America's Greatest Workplaces
Prnewswire· 2024-07-17 13:30
WesBanco has been recognized as one of America's Greatest Workplaces by Newsweek.WesBanco has been recognized as one of America's Greatest Workplaces by Newsweek. "At WesBanco, our mission is to build lasting prosperity not only for our customers and communities but also for our organization and people. So we are proud to be recognized by Newsweek for our commitment to fostering a workplace environment where employees feel valued, motivated and empowered to succeed," said Jeff Jackson, President and Chief E ...
WesBanco Inc. Names Kimberly Griffith as Group Head, Human Resources and Facilities
Prnewswire· 2024-07-08 13:30
WHEELING, W.Va., July 8, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today the appointment of Kimberly Griffith as Senior Executive Vice President and Group Head, Human Resources and Facilities. WesBanco Inc. has appointed Kimberly Griffith as Senior Executive Vice President and Group Head, Human Resources and Facilities. WesBanco Inc. has appointed Kimberly Griffith as Senior Executive Vice President and Group Head, Human Resources and Faci ...