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WSBC to transition auditors: Deloitte in 2026, EY concluding 2025

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

WesBanco, Inc. announced a planned auditor transition. The Audit Committee dismissed Ernst & Young LLP (EY) as the independent registered public accounting firm, effective upon issuance of the Company’s consolidated financial statements for the year ending December 31, 2025. EY’s reports on the consolidated financial statements for 2024 and 2023 were unqualified and there were no disagreements with EY through October 22, 2025.

The Audit Committee appointed Deloitte & Touche LLP as the new auditor for the fiscal year ending December 31, 2026 and related interim periods, subject to Deloitte’s standard client acceptance procedures and an engagement letter. The Company did not consult with Deloitte on accounting or auditing matters during 2024 and 2023. EY’s concurrence letter is filed as Exhibit 16.1.

Positive

  • None.

Negative

  • None.

Insights

Auditor change set for 2026; no reported disagreements.

WesBanco is rotating from EY to Deloitte. EY will complete the audit for the year ending December 31, 2025, after which Deloitte will assume responsibility for 2026 and related interims, contingent on acceptance procedures and an engagement letter.

The filing states EY issued clean opinions for 2024 and 2023, and there were no disagreements or reportable events through October 22, 2025. The company also did not consult Deloitte on accounting matters in 2024 or 2023, aligning with independence expectations.

This appears to be a governance-driven RFP outcome. Actual audit impact will be observable in the 2026 audit cycle under Deloitte, while EY’s role concludes after issuing the 2025 financials.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

  Date of Report (Date of earliest event reported): October 22, 2025

 

 

WESBANCO, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

West Virginia

001-39442

55-0571723

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

1 Bank Plaza

 

Wheeling, West Virginia

 

26003

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 304 234-9000

 

 

Former Name or Former Address, if Changed Since Last Report: Not Applicable

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock $2.0833 Par Value

 

WSBC

 

Nasdaq Global Select Market

Depositary Shares (each representing 1/40th interest in a share of 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A)

 

WSBCP

 

Nasdaq Global Select Market

Depositary Shares (each representing 1/40th interest in a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B)

 

WSBCO

 

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 4.01 Changes in Registrant's Certifying Accountant.

As a matter of good corporate governance, the Audit Committee (the "Audit Committee") of the Board of Directors of Wesbanco, Inc. (the “Company”), with the assistance of management, issued a Request for Proposal (“RFP”) regarding the Company’s engagement of an independent registered public accounting firm to audit the Company’s consolidated financial statements for the fiscal year ending December 31, 2026. Thereafter, the Audit Committee invited multiple firms to participate in the RFP process.

(a) Dismissal of Independent Registered Public Accounting Firm

Upon the completion of the RFP selection, on October 22, 2025, the Audit Committee approved the dismissal of Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm. The dismissal will be effective upon the issuance of the Company's consolidated financial statements for the fiscal year ending December 31, 2025.

The reports of EY on the Company’s consolidated financial statements as of and for the years ended December 31, 2024 and 2023 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.

In connection with the audits of the Company’s consolidated financial statements for each of the two years ended December 31, 2024 and 2023, and in the subsequent interim period through October 22, 2025, there were no disagreements with EY on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedures which, if not resolved to satisfaction of EY would have caused EY to make reference to the matter in their report.

 

The Company has requested EY to furnish a letter addressed to the Securities Exchange Commission stating whether it agrees with the above statements. A copy of EY’s letter dated October 22, 2025, is filed as Exhibit 16.1 to this Current Report on Form 8-K.

 


(b) Newly Engaged Independent Registered Public Accounting Firm

On October 22, 2025, the Audit Committee approved the appointment of Deloitte & Touche LLP ("Deloitte") as the Company's new independent registered public accounting firm to perform independent audit services for the fiscal year ending December 31, 2026, and the related interim periods, subject to completion of Deloitte’s standard client acceptance procedures and execution of an engagement letter.

 

During 2024 and 2023, and through the date of the Audit Committee’s action to approve the appointment of Deloitte, neither the Company, nor anyone on its behalf, consulted with Deloitte regarding either (a) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements and neither a written report nor oral advice was provided to the Company that Deloitte concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, or (b) any matter that was either the subject of a “disagreement,” as described in Item 304(a)(1)(iv) of Regulation S-K and the related instructions, or any “reportable events,” as defined in Item 304(a)(1)(v) of SEC Regulation S-K and the related instructions.

 

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:


16.1
Letter from Ernst & Young, LLP dated October 22, 2025.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

Wesbanco, Inc.
(registrant)

 

 

 

 

Date:

October 24, 2025

 

/s/ Daniel K. Weiss, Jr.

 

 

 

Daniel K. Weiss, Jr.
Senior Executive Vice President and
Chief Financial Officer
 

 


FAQ

What did WSBC announce about its auditor?

WesBanco will dismiss EY effective after issuing its 2025 consolidated financials and has appointed Deloitte for the 2026 audit, subject to acceptance.

Were there any disagreements with EY noted by WSBC?

No. The company reports no disagreements with EY on accounting, disclosure, or audit scope through October 22, 2025.

What audit opinions did EY issue for WSBC?

EY issued unqualified (clean) opinions on WesBanco’s consolidated financial statements for 2024 and 2023.

When will Deloitte begin as WSBC’s auditor?

Deloitte is appointed for the fiscal year ending December 31, 2026 and related interims, pending standard acceptance procedures and an engagement letter.

Did WSBC consult Deloitte on accounting matters before the appointment?

No. The company states it did not consult Deloitte on accounting or auditing matters during 2024 and 2023.

Is there an EY letter included with the announcement?

Yes. EY’s letter dated October 22, 2025 is filed as Exhibit 16.1.
Wesbanco Inc

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