WesBanco Declares Quarterly Cash Dividend to Its Shareholders

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.

News Market Reaction

+1.50%

1 alert

+1.50% News Effect

On the day this news was published, WSBC gained 1.50%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

WHEELING, W.Va., Feb. 26, 2025 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today that its Board of Directors has declared a quarterly cash dividend of $0.37 per share to be paid to its holders of common stock. The dividend will be payable on April 1, 2025 to shareholders of record on March 10, 2025, and represents an annualized cash dividend rate of $1.48 per common share.

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 Wheeling, West Virginia, WesBanco has $18.7 billion in total assets, with our Trust and Investment Services holding $6.0 billion of assets under management and securities account values (including annuities) of $1.9 billion through our broker/dealer, as of December 31, 2024. Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram.

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SOURCE WesBanco, Inc.

FAQ

What is the dividend amount and payment date for WesBanco (WSBC) Q1 2025?

WesBanco will pay a quarterly dividend of $0.37 per share on April 1, 2025, to shareholders of record as of March 10, 2025.

What is WesBanco's (WSBC) annual dividend rate for 2025?

WesBanco's annualized cash dividend rate is $1.48 per common share.

How much in total assets does WesBanco (WSBC) manage as of December 2024?

WesBanco reported total assets of $18.7 billion, with $6.0 billion in assets under management and $1.9 billion in securities account values.

What is the record date for WesBanco's (WSBC) Q1 2025 dividend?

The record date for WesBanco's Q1 2025 dividend is March 10, 2025.