WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock

Rhea-AI Summary

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.

Positive

• Consistent dividend payment demonstrates financial stability
• Substantial asset base of $27.4 billion shows strong market position
• Diversified revenue streams across banking, trust, and investment services

Negative

• None.

News Market Reaction

-0.16%

1 alert

-0.16% News Effect

On the day this news was published, WSBCP declined 0.16%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

WHEELING, W.Va., June 24, 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 on the outstanding shares of its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") (Nasdaq:WSBCP). The declared cash dividend on the Series A Preferred Stock is for the period from May 15, 2025, up to, but excluding August 15, 2025. The declared cash dividend equates to $0.421875 per depositary share, or $16.875 per share of the Series A Preferred Stock outstanding. The cash dividend is payable on August 15, 2025 to shareholders of record on August 1, 2025.

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 nine-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 $27.4 billion in total assets, with our Trust and Investment Services holding $7.0 billion of assets under management and securities account values (including annuities) of $2.4 billion through our broker/dealer, as of March 31, 2025. 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 for WesBanco's Series A Preferred Stock (WSBCP) in Q3 2025?

WesBanco declared a dividend of $0.421875 per depositary share ($16.875 per preferred share) for Q3 2025.

When is the payment date for WesBanco's (WSBC) preferred stock dividend?

The preferred stock dividend will be paid on August 15, 2025 to shareholders of record as of August 1, 2025.

What is WesBanco's (WSBC) total asset size as of March 2025?

WesBanco reported $27.4 billion in total assets and $7.0 billion in assets under management as of March 31, 2025.

What is the coverage period for WesBanco's Q3 2025 preferred dividend?

The dividend covers the period from May 15, 2025, up to, but excluding August 15, 2025.