WesBanco, Inc. Appoints Nathan Jones as Chief Risk Officer

WesBanco (NASDAQ: WSBC) named Nathan Jones Senior Executive Vice President and Chief Risk Officer, effective April 27, 2026.

Rhea-AI Summary

WesBanco (NASDAQ: WSBC) named Nathan Jones Senior Executive Vice President and Chief Risk Officer, effective April 27, 2026. He succeeds Mike Perkins, who will retire in June after more than 30 years. Jones brings nearly 30 years of enterprise risk and credit leadership and will oversee risk, compliance, credit administration, loan review, and model risk management. WesBanco reported $27.5 billion in total assets and $7.8 billion in trust and investment AUM as of March 31, 2026.

Positive

• Appointed experienced CRO with nearly 30 years of risk and credit leadership
• Clear succession plan: incoming CRO named before Perkins' June retirement
• CRO role covers enterprise risk, compliance, credit administration, and model risk

Negative

• Leadership transition risk as Mike Perkins retires in June after decades of service

Argus Apr 24 session

-0.23% close to close Open Argus

Details

News Market Reaction – WSBC

In the Apr 24 session, WSBC declined 0.23%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement centers on leadership continuity in WesBanco’s risk function, with a new Chief Ris...

Analysis

This announcement centers on leadership continuity in WesBanco’s risk function, with a new Chief Risk Officer bringing extensive enterprise and credit risk experience. It follows recent quarters of solid financial performance, including Q1 2026 net income of $84.4 million and a record $1.6 billion commercial loan pipeline. Investors may focus on how this appointment supports credit quality, risk governance, and disciplined growth, alongside monitoring future earnings, loan performance metrics, and capital return decisions.

Key Figures

Total assets: $27.5 billion Trust & investment AUM: $7.8 billion Broker/dealer securities values: $2.6 billion +5 more

Total assets

$27.5 billion

As of March 31, 2026 per company description

Trust & investment AUM

$7.8 billion

Trust and Investment Services assets under management as of March 31, 2026

Broker/dealer securities values

$2.6 billion

Securities account values including annuities as of March 31, 2026

Q1 2026 net income

$84.4 million

Net income available to common shareholders in Q1 2026

Q1 2026 EPS

$0.88

Diluted EPS for quarter ended March 31, 2026

Q1 2026 adjusted EPS

$0.91

Adjusted non-GAAP EPS for quarter ended March 31, 2026

Net interest margin

3.57%

Q1 2026 net interest margin, up 22 bps year over year

Commercial loan pipeline

$1.6 billion

Record commercial loan pipeline reported with Q1 2026 results

Historical Context

5 past events · Latest: 2026-04-21

5 events

1. 2026-04-21

   Q1 2026 earnings

   24h Move

   -7.2%

   Reported $84.4M net income and $0.88 EPS with solid margin and deposit trends.

2. 2026-04-02

   Earnings call notice

   24h Move

   +1.1%

   Announced timing and access details for the Q1 2026 earnings call and release.

3. 2026-03-12

   Growth expansion

   24h Move

   +0.0%

   Announced targeted commercial banking expansion into South Florida with new team.

4. 2026-02-18

   Dividend declaration

   24h Move

   -0.1%

   Declared $0.38 quarterly common dividend and detailed preferred dividend payments.

5. 2026-01-27

   Q4 2025 earnings

   24h Move

   -2.6%

   Reported higher net income and EPS with strong loan, deposit and margin growth.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

enterprise risk management, model risk management

2 terms

enterprise risk management financial

"served as Chief Risk Officer, overseeing enterprise risk management and governance."

Enterprise Risk Management is a process companies use to identify, assess, and prepare for potential problems that could disrupt their success, like financial losses or reputation damage. It’s like a safety plan that helps a business stay strong and adapt quickly when unexpected challenges come up. This helps the company protect its future and keep running smoothly.

model risk management financial

"responsible for risk management, compliance, credit administration and credit products, loan review, and model risk management."

Model risk management is the set of practices firms use to check, test and control the mathematical or statistical models that inform pricing, risk measures and key decisions. Like routinely inspecting and calibrating a car’s brakes and dashboard instruments, it makes sure models are accurate, up-to-date and used correctly; investors care because faulty models can lead to mispriced assets, hidden risks or sudden losses that harm a company's financial stability and share value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WHEELING, W.Va., April 24, 2026 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today that Nathan Jones has been appointed Senior Executive Vice President and Chief Risk Officer, effective April 27, 2026. He succeeds Mike Perkins, who is retiring in June after more than three decades with WesBanco.

Jones brings nearly 30 years of experience in enterprise risk and credit leadership at large, complex financial institutions. He joins WesBanco from First Interstate Bank, where he most recently served as Chief Risk Officer, overseeing enterprise risk management and governance.

Prior to that role, Jones held senior leadership positions, including Executive Vice President and Chief Credit Officer at Heartland Financial USA and Fulton Financial Corporation, as well as leadership roles at First Horizon National Corporation, BMO Financial Group, and Bank of America. His background spans credit risk, enterprise risk, analytics, consumer and commercial portfolios, and finance.

"Nathan's disciplined risk mindset, deep credit background and proven ability to lead risk organizations through periods of growth and transformation make him an excellent fit for WesBanco," said Jeff Jackson, President and Chief Executive Officer, WesBanco. "I am confident Nathan will build on the strong risk culture and governance foundation established under Mike Perkins' dedicated leadership, and we are pleased to welcome him to our executive leadership team."

In his new role, Jones will be responsible for risk management, compliance, credit administration and credit products, loan review, and model risk management.

"WesBanco's long history and disciplined growth initiatives are impressive, but what truly attracted me to the organization was its people and strong leadership culture," said Jones. "I look forward to supporting the Bank's continued growth by partnering closely with the business and ensuring its strong risk culture remains an enabler of long-term, sustainable growth."

Jones holds a Master of Business Administration and a Bachelor of Arts in psychology from Southern Methodist University.

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 ten-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 $27.5 billion in total assets, with our Trust and Investment Services holding $7.8 billion of assets under management and securities account values (including annuities) of $2.6 billion through our broker/dealer, as of March 31, 2026. Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wesbanco-inc-appoints-nathan-jones-as-chief-risk-officer-302752865.html

SOURCE WesBanco, Inc.

FAQ

Who is Nathan Jones and when does WesBanco (WSBC) make him CRO?

Nathan Jones is the new Chief Risk Officer, effective April 27, 2026. According to WesBanco, he joins from First Interstate Bank and brings nearly 30 years of enterprise risk and credit leadership across large financial institutions.

What responsibilities will Nathan Jones hold as WesBanco (WSBC) Chief Risk Officer?

Jones will oversee risk management, compliance, credit administration, loan review, and model risk management. According to WesBanco, his role includes governance and partnering with business lines to support disciplined growth.

Who is WesBanco's outgoing CRO and when will they retire from WSBC?

Mike Perkins is the outgoing Chief Risk Officer, retiring in June 2026 after more than three decades with the company. According to WesBanco, Perkins established the current risk culture and governance foundation.

How might the WSBC CRO change affect WesBanco's risk oversight and strategy?

The firm states the appointment aims to maintain strong risk culture while supporting growth. According to WesBanco, Jones' deep credit background is intended to continue the bank's disciplined risk approach during expansion.

What is WesBanco's scale of operations as of March 31, 2026 (WSBC)?

WesBanco reported $27.5 billion in total assets and $7.8 billion in trust and investment AUM as of March 31, 2026. According to WesBanco, these figures reflect its ten-state regional banking footprint.