WesBanco Declares Quarterly Cash Dividend to Its Shareholders
WesBanco (WSBC) has declared a quarterly cash dividend of $0.37 per share to be paid on April 1, 2025, to shareholders of record on March 10, 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
WesBanco (WSBC) has declared a quarterly cash dividend of $0.37 per share to be paid on April 1, 2025, to shareholders of record on March 10, 2025. This represents an annualized cash dividend rate of $1.48 per common share.
The multi-state bank holding company, with over 150 years of community-focused service, operates across eight states offering retail and commercial banking, trust, brokerage, wealth management, and insurance services. As of December 31, 2024, WesBanco reported total assets of $18.7 billion, with Trust and Investment Services managing $6.0 billion in assets and securities account values of $1.9 billion through their broker/dealer division.
Positive
- Consistent dividend payment maintained at $0.37 quarterly
- Strong asset base of $18.7B total assets
- Significant AUM of $6.0B in Trust and Investment Services
- Additional $1.9B in securities account values
Negative
- None.
Details
News Market Reaction – WSBC
The recorded move for WSBC in the trading session of this news was +1.50%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About WesBanco, Inc.
With over 150 years as a community-focused, regional financial services partner, WesBanco Inc. (NASDAQ: WSBC) and its subsidiaries build lasting prosperity through relationships and solutions that empower our customers for success in their financial journeys. Customers across our eight-state footprint choose WesBanco for the comprehensive range and personalized delivery of our retail and commercial banking solutions, as well as trust, brokerage, wealth management and insurance services, all designed to advance their financial goals. Through the strength of our teams, we leverage large bank capabilities and local focus to help make every community we serve a better place for people and businesses to thrive. Headquartered in
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SOURCE WesBanco, Inc.
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