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Wesbanco, Inc. - WSBC STOCK NEWS

Welcome to our dedicated news page for Wesbanco (Ticker: WSBC), a resource for investors and traders seeking the latest updates and insights on Wesbanco.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wesbanco's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wesbanco's position in the market.

News
WesBanco Announces First Quarter 2024 Financial Results
Rhea-AI Summary
WesBanco, Inc. announces its first quarter 2024 financial results, reporting a net income of $33.2 million with diluted earnings per share of $0.56. Total deposits increased by 4.8% year-over-year, while total loans grew by 9.0%. Non-interest income rose by 10.8%, and credit quality metrics remained favorable. Despite a decrease in the net interest margin, WesBanco continues to maintain strong regulatory capital ratios.
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WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock
Rhea-AI Summary
WesBanco, Inc. (Nasdaq:WSBC) has declared a quarterly cash dividend on its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (Nasdaq:WSBCP). The cash dividend of $0.421875 per depositary share, or $16.875 per share of the Series A Preferred Stock outstanding, is payable on May 15, 2024, to shareholders of record on May 1, 2024.
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WesBanco Again Named One of America's Best Banks by Forbes
Rhea-AI Summary
WesBanco, Inc. (Nasdaq: WSBC) has been named one of America's Best Banks by Forbes for the 14th time, based on 10 key financial metrics for the 2023 calendar year. The recognition highlights WesBanco's commitment to exceptional customer experiences, sustainable growth strategies, and credit quality. The bank's strong financial position and stock performance have earned the trust and confidence of customers, communities, and shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
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WesBanco, Inc. to Host 2024 First Quarter Earnings Conference Call and Webcast on Wednesday, April 24th
Rhea-AI Summary
WesBanco, Inc. (WSBC) will host a conference call to review financial results for Q1 2024. The call will be led by Jeffrey H. Jackson, President, and CEO, and Daniel K. Weiss, Jr., CFO. Results will be released on April 23, 2024, with the call scheduled for April 24, 2024. Interested parties can access the webcast or dial in to listen.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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conferences earnings
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WesBanco Declares Quarterly Cash Dividend to Its Shareholders
Rhea-AI Summary
WesBanco, Inc. (WSBC) declares a quarterly cash dividend of $0.36 per share, with an annualized rate of $1.44 per common share. Shareholders of record on March 8, 2024, will receive the dividend on April 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
dividends
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WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock
Rhea-AI Summary
WesBanco, Inc. (Nasdaq:WSBC) has declared a quarterly cash dividend on its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A. The cash dividend equates to $0.421875 per depositary share, or $16.875 per share outstanding, payable on February 15, 2024 to shareholders of record on February 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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dividends
News
WesBanco Announces Fourth Quarter 2023 Financial Results
Rhea-AI Summary
WesBanco, Inc. announced net income and earnings per share for the three and twelve months ended December 31, 2023. Net income for the fourth quarter of 2023 was $32.4 million, with diluted earnings per share of $0.55, compared to $49.7 million and $0.84 per diluted share, respectively, for the fourth quarter of 2022. For the twelve months ended December 31, 2023, net income was $148.9 million, or $2.51 per diluted share, compared to $182.0 million, or $3.02 per diluted share, for the 2022 period. Deposits of $13.2 billion increased year-over-year and sequentially, and total loan growth was 8.7% year-over-year and 2.9% quarter-over-quarter. Non-interest income increased 8.0% year-over-year, and net interest margin of 3.02% was stable to the third quarter of 2023. Total portfolio loans were $11.6 billion, which increased 8.7% year-over-year, and total deposits were $13.2 billion, up 0.6% from September 30, 2023 and up 0.3% from December 31, 2022. WesBanco remains well-capitalized with solid liquidity and a strong balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.89%
Tags
earnings
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WesBanco Named Among Newsweek's Best Regional Banks
Rhea-AI Summary
WesBanco, Inc. has been named one of America's Best Regional Banks and Credit Unions 2024 by Newsweek, reflecting its ongoing commitment to excellence in community banking. The rating places it among the top 250 regional banks in the nation. The recognition is based on a study of nearly 10,000 financial institutions, more than 35,000 customer interviews, and almost 150 million online reviews. WesBanco has also received national accolades for financial performance, credit quality, community development, employer of choice, and customer satisfaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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WesBanco, Inc. to Host 2023 Fourth Quarter Earnings Conference Call and Webcast on Wednesday, January 24th
Rhea-AI Summary
WesBanco, Inc. (Nasdaq:WSBC) to Host Conference Call to Review Q4 2023 Financial Results
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Rhea-AI Sentiment
End-of-Day
0.46%
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conferences earnings
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WesBanco Rings Nasdaq Opening Bell to Celebrate Next Chapter of Growth
Rhea-AI Summary
WesBanco, Inc. (Nasdaq: WSBC) proudly rang the Nasdaq Stock Market opening bell to mark the company's next chapter of growth and transformation under the leadership of new CEO Jeff Jackson. Over the past decade, WesBanco has nearly tripled in total assets through organic growth and strategic mergers, transforming from a community bank into a regional financial services institution with operations in six states and loan production offices in two more. The company has earned numerous national accolades for financial performance, credit quality, community development, employer of choice, and customer satisfaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
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Stock WSBC logo
Wesbanco, Inc.

Nasdaq:WSBC

WSBC Rankings

#1997 Ranked by Market Cap
#4364 Ranked by Stock Gains
#640 Ranked by Dividends

WSBC Stock Data

1.63B
55.86M
3.11%
61.48%
1.39%
Commercial Banking
Finance and Insurance
Link
US
Wheeling

About WSBC

in the simplest terms, wesbanco, inc. is a multi-state, bank holding company headquartered in wheeling, west virginia. but that really doesn’t say much about who we are. over the past decade, we have built a national reputation as a safe, sound and profitable bank holding company that always strives to do better by its customers. we’ve always maintained our community bank orientation – because we’ve never forgotten who’s money we’re holding. we merge technology with people to support our commitment to personal customer service. that’s why wesbanco is, by all accounts, the smarter, faster and better bank for you. wesbanco's banking subsidiary wesbanco bank, inc., operates 118 banking offices in the states of west virginia, ohio and pennsylvania. in addition, wesbanco operates an insurance agency, wesbanco insurance services, inc., and a full service broker/dealer, wesbanco securities, inc.