WesBanco (WSBC) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - WesBanco reported revenue of $162.89 million for Q4 2024, a year-over-year increase of 9.3% and exceeding the Zacks Consensus Estimate of $157 million by 3.75% [1] - The company achieved an EPS of $0.71, up from $0.55 a year ago, representing a surprise of 31.48% compared to the consensus estimate of $0.54 [1] Financial Performance Metrics - Net Interest Margin was reported at 3%, matching the average estimate from two analysts [4] - Annualized net loan charge-offs and recoveries as a percentage of average loans stood at 0.1%, better than the average estimate of 0.2% [4] - Efficiency Ratio was recorded at 61.2%, outperforming the average estimate of 64.5% [4] - Mortgage banking income reached $1.23 million, slightly above the average estimate of $1.15 million [4] - Total Non-Interest Income was $36.39 million, significantly higher than the average estimate of $30.20 million [4] Stock Performance - WesBanco shares have returned -4.2% over the past month, contrasting with the Zacks S&P 500 composite's increase of 2.1% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]