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WesBanco, Inc. and Premier Financial Corp. Announce Regulatory Approvals for Pending Merger
WSBCWesBanco(WSBC) Prnewswire·2025-02-12 21:40

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 27billioninassets,makingitthe8thlargestbankinOhiobydepositmarketshareandexpandingitspresenceinIndiana[3]WesBanco,Inc.WesBancohasover150yearsofexperienceasacommunityfocusedfinancialservicesprovider,withtotalassetsof27 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]