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. operates as a diversified, multi-state bank holding company through WesBanco Bank, providing retail and commercial banking, mortgage banking, trust, brokerage, wealth management and insurance services. News about WSBC commonly centers on quarterly earnings, net interest margin, loan and deposit trends, credit costs, commercial real estate payoffs, and the performance of its Community Banking and Trust and Investment Services businesses.
Company updates also cover market expansion, including commercial banking growth in South Florida; common and Series B preferred stock dividends; executive and risk-management leadership; and recognition tied to regional banking, community reinvestment and customer service. WesBanco's completed Premier Financial acquisition is a recurring context for merger-related expenses, acquired loans and pro forma financial comparisons.
WesBanco (NASDAQ: WSBC) has partnered with the Paisley Foundation and the Community Foundation for the Ohio Valley (CFOV) to establish the Disaster Response and Recovery Fund, addressing the devastating flooding in the Upper Ohio Valley that occurred on June 14, 2025.
Both WesBanco and the Paisley Foundation have each committed $25,000 to initiate the fund. The initiative will support immediate and long-term recovery efforts for flood victims in the eight-county region served by CFOV, with 100% of donations going directly to response and recovery efforts for this and future disasters.
WesBanco, with $27.4 billion in total assets and $7.0 billion in assets under management, continues its 150-year legacy of community support across its nine-state footprint.
WesBanco (Nasdaq:WSBC) has declared a quarterly cash dividend for its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (Nasdaq:WSBCP). The dividend of $0.421875 per depositary share ($16.875 per preferred share) covers the period from May 15, 2025, to August 15, 2025.
The dividend will be paid on August 15, 2025 to shareholders of record as of August 1, 2025. WesBanco, a regional financial services company with over 150 years of history, manages $27.4 billion in total assets and $7.0 billion in assets under management through its Trust and Investment Services as of March 31, 2025.
WesBanco (NASDAQ: WSBC) has declared a quarterly cash dividend of $0.37 per share to be paid to common stock holders. The dividend will be payable on July 1, 2025, to shareholders of record on June 6, 2025, representing an annualized cash dividend rate of $1.48 per common share.
WesBanco, a diversified multi-state bank holding company with over 150 years of history, operates across nine states offering retail and commercial banking, trust, brokerage, wealth management, and insurance services. The company reports $27.4 billion in total assets, with Trust and Investment Services managing $7.0 billion in assets and $2.4 billion in securities account values through their broker/dealer as of March 31, 2025.
WesBanco (NASDAQ: WSBC) has successfully completed the customer transition and operational conversion of Premier Financial Corp, marking its largest conversion in history. The merger, announced in July 2024 and consummated in February 2025, has transformed WesBanco into a $27 billion asset regional financial institution.
The conversion included approximately 400,000 consumer and 50,000 business relationships, along with 70 financial centers across northern Ohio, southern Michigan, and northeastern Indiana. WesBanco now operates over 250 financial centers across nine states and ranks among the top 100 largest insured depository organizations in the United States, becoming the 8th largest bank in Ohio by deposit market share.
WesBanco reported Q1 2025 financial results, highlighting the successful acquisition of Premier Financial. The bank posted a net loss of $11.5 million (-$0.15 per share), primarily due to acquisition-related expenses and credit loss provisions. However, adjusted net income reached $51.2 million ($0.66 per share), compared to $33.2 million ($0.56 per share) in Q1 2024.
Key highlights:
- Total assets increased 54.2% to $27.4 billion
- Organic loan growth: 7.8% year-over-year
- Total deposits grew 57.8% to $21.3 billion
- Net interest margin improved to 3.35%
- Trust assets under management reached record $7.0 billion
The merger expanded WesBanco's market presence, adding approximately 900 employees and 70 financial centers. Credit quality metrics remained strong, with non-performing assets at 0.30% of total assets. The bank maintains strong regulatory capital ratios, with Tier I leverage at 11.01% and CET 1 at 9.99%.
WesBanco Inc. (NASDAQ: WSBC) has announced a quarterly cash dividend declaration for its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (WSBCP). The dividend of $0.421875 per depositary share ($16.875 per preferred share) covers the period from February 15, 2025, to May 15, 2025, payable to shareholders of record on May 1, 2025.
WesBanco operates as a regional financial services provider across nine states, with over $27 billion in total assets. The company's Trust and Investment Services manage more than $7 billion in assets, while holding securities account values exceeding $2 billion through their broker/dealer, including the recent Premier Financial acquisition completed on February 28, 2025.
WesBanco (NASDAQ:WSBC) has scheduled its 2025 first quarter earnings conference call and webcast for Wednesday, April 30, 2025, at 9:00 a.m. ET. The financial results will be released after market close on Tuesday, April 29, 2025.
President and CEO Jeffrey H. Jackson, along with CFO Daniel K. Weiss, Jr., will lead the presentation. The company recently completed the acquisition of Premier Financial on February 28, 2025.
WesBanco operates across nine states with over $27 billion in total assets. The company's Trust and Investment Services manages more than $7 billion in assets, while securities account values through their broker/dealer exceed $2 billion, including annuities.
WesBanco (WSBC) has successfully completed its acquisition of Premier Financial Corp, creating a regional financial institution with approximately $27 billion in assets. The merger positions WesBanco as the 81st largest insured depository organization in the United States and the 8th largest bank in Ohio.
The combined entity will operate through more than 250 financial centers across nine states: Indiana, Kentucky, Maryland, Michigan, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia. Former Premier directors Zahid Afzal, John L. Bookmyer, Louis M. Altman, and Lee J. Burdman have been appointed to WesBanco's Board of Directors.
Former Premier financial centers will continue operating under the Premier Bank name until customer and data conversion occurs in mid-May 2025, after which all locations will be rebranded as WesBanco.