WesBanco Stock (NASDAQ:WSBC)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$30.99

52W Range

$23.00 - $34.85

50D Avg

$30.61

200D Avg

$29.09

Market Cap

$1.84B

Avg Vol (3M)

$259.66K

Beta

0.84

Div Yield

$1.44 (4.67%)

WSBC Company Profile


WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services. It operates in two segments, Community Banking, and Trust and Investment Services. The company offers commercial demand, individual demand, and time deposit accounts; money market accounts; interest bearing and non-interest bearing demand deposits, as well as savings deposits; and certificates of deposit. It also provides commercial real estate loans; commercial and industrial loans; residential real estate loans, including loans to purchase, construct, or refinance borrower's home; home equity lines of credit; installment loans to finance the purchase of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit; and commercial, mortgage, and individual installment loans. In addition, the company offers trust and investment services, as well as various investment products comprising mutual funds and annuities; and securities brokerage services. Further, WesBanco, Inc., through its non-banking subsidiaries, acts as an agency that specializes in property, casualty, life, and title insurance, as well as benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; holds investment securities and loans; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. As of December 31, 2021, it operated 206 branches and 203 ATMs in West Virginia, Ohio, western Pennsylvania, Kentucky, southern Indiana, and Maryland, as well as seven loan production offices in West Virginia, Ohio, western Pennsylvania, Maryland, and northern Virginia. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

2,370

IPO Date

May 08, 1987

Website

WSBC Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Wes Mark Fees$7.66M$8.42M$9.79M
Trust Account Fees$20.47M$19.13M$19.72M
Personal Service Charges$23.27M$23.91M$20.32M
Fiduciary and Trust$28.14M$27.55M$29.51M
Commercial Banking Fees$2.85M$2.37M$2.09M
Trail Commissions$1.00M$965.00K$1.12M
Managed Money$1.09M$1.22M$1.20M
Equity And Debt Security Trades$283.00K$87.00K$242.00K
Annuity Commissions$7.68M$7.26M$4.33M

Fiscal year ends in Dec 23 | Currency in USD

WSBC Financial Summary


Dec 23Dec 22Dec 21
Revenue$825.05M$591.70M$590.72M
Operating Income$632.52M$275.74M$301.85M
Net Income$159.03M$192.11M$242.26M
EBITDA$9.09M$286.02M$313.31M
Basic EPS$2.68$2.86$3.54
Diluted EPS$2.68$2.85$3.53

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Jul 26, 24 | 12:00 PM
Q1 24Apr 24, 24 | 12:00 AM
Q4 23Jan 24, 24 | 2:00 PM

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