Welcome to our dedicated page for Wesbanco news (Ticker: WSBC), a resource for investors and traders seeking the latest updates and insights on Wesbanco stock.
WesBanco, Inc. (WSBC) is a multi-state financial services provider combining community banking values with modern solutions. This page serves as the definitive source for all official company announcements, press releases, and market-related developments.
Investors and stakeholders will find timely updates on earnings reports, merger activities, leadership changes, and service expansions. Our curated news collection ensures transparent access to WSBC's strategic initiatives in retail banking, trust services, and regional market developments.
The repository includes critical updates across three key areas: financial performance disclosures, operational milestones, and regulatory filings. Each entry is categorized for efficient navigation, enabling users to track the company's progress in enhancing customer solutions and shareholder value.
Bookmark this page for streamlined access to WesBanco's evolving story. Regular visitors benefit from structured information that supports informed decision-making without promotional bias.
WesBanco, Inc. (Nasdaq: WSBC) announced that Abdul Muhammad, Senior VP and Regional Manager of Residential Lending, has been appointed to the Federal Reserve Bank of Cleveland's Equity and Inclusion Advisory Council. This council aims to enhance diversity and inclusion at the Cleveland Fed and the surrounding communities. Muhammad, as chair of WesBanco's own Diversity, Equity, and Inclusion Council, focuses on leadership development and community initiatives. The bank emphasizes the importance of these efforts for minority communities and overall corporate culture.
WesBanco, Inc. (Nasdaq: WSBC) will host a conference call on April 28, 2021, at 10:00 a.m. ET to discuss its first quarter 2021 financial results. The results will be released after market close on April 27. Interested parties can access the call via the company's Investor Relations website or by dialing 888-347-6607. A replay will be available from 12:00 p.m. ET on April 28 until May 12. WesBanco operates in six states and offers a range of financial services, managing approximately $5.0 billion in assets.
WesBanco, Inc. (Nasdaq:WSBC) has announced its participation in two upcoming virtual investor conferences. The first is the Raymond James 42nd Annual Institutional Investors Conference on March 3, 2021, where CEO Todd F. Clossin and CFO Robert H. Young will engage in a fireside chat at 7:30 a.m. ET, accessible via live webcast. The second event is the RBC Capital Markets Global Financial Institutions Conference on March 10, 2021, which will not feature a formal presentation or webcast. WesBanco focuses on customer-centric banking services across six states.
WesBanco, Inc. (NASDAQ: WSBC) announced a 3.1% increase in its quarterly cash dividend, raising it to $0.33 per common share from $0.32. This dividend will be payable on April 1, 2021, to shareholders of record on March 12. This marks the fourteenth increase since 2010, with a cumulative rise of 136% over that period. The new annualized cash dividend rate will be $1.32, representing a yield of approximately 4.0% based on the previous closing stock price of $33.36.
WesBanco, Inc. (Nasdaq: WSBC) has been named by Forbes as one of the Best Banks in America for 2021, marking its 11th appearance since 2010 and its second consecutive year in the top 15, ranking 12th. CEO Todd F. Clossin highlighted the achievement as a testament to the dedication of its employees and the bank's robust credit and risk management. The ranking is based on various financial metrics as of September 30, 2020, including return on assets and capital ratios. Founded in 1870, WesBanco operates in six states, combining large bank capabilities with a community-oriented approach.
WesBanco, Inc. (Nasdaq:WSBC) announced the participation of President and CEO Todd F. Clossin and CFO Robert H. Young at the KBW Virtual Winter Financial Services Symposium on February 11-12, 2021. The event will not feature a formal presentation or a webcast. Founded in 1870, WesBanco operates in six states and offers a comprehensive range of financial services, including banking, trust, and wealth management, with approximately $5.0 billion in assets under management as of December 31, 2020.
WesBanco, Inc. (NASDAQ: WSBC) reported strong financial results for Q4 and the full year 2020. Q4 net income was $50.2 million, with EPS of $0.75, up from $36.4 million and $0.60 respectively in Q4 2019. Full-year net income dropped to $119.4 million ($1.77 EPS) from $158.9 million ($2.83 EPS) in 2019, affected by the adoption of the CECL standard. Notably, pre-tax, pre-provision income rose 14.2% YoY to $64.8 million in Q4. Total deposits increased by 13% to $12.4 billion, and loans grew by 5.1%, driven by ongoing support for small businesses during the pandemic.
WesBanco, Inc. (Nasdaq:WSBC) announced a quarterly cash dividend of $0.421875 per depositary share on its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (Nasdaq:WSBCP). This dividend, applicable for the period from November 15, 2020 to February 15, 2021, totals $16.875 per share. It will be paid on February 15, 2021 to shareholders on record as of February 1, 2021.
WesBanco, Inc. (Nasdaq: WSBC) will host a conference call on January 27, 2021, at 10:00 a.m. ET to discuss its fourth-quarter 2020 financial results. The results will be released after the market closes on January 26, 2021. Interested parties can access the call via their website or by phone. A replay will be available starting at 12:00 p.m. ET on January 27, lasting until February 10, 2021. WesBanco operates across six states, focusing on customer-centric banking services.
WesBanco, Inc. (Nasdaq:WSBC) has announced a quarterly cash dividend of $0.32 per share, to be paid on January 2, 2021. Shareholders of record as of December 11, 2020 will receive this dividend, reflecting an annualized rate of $1.28 per common share. WesBanco provides a range of financial services across six states, with a focus on community banking and customer service. The company manages approximately $4.6 billion in assets as of September 30, 2020.
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