WesBanco (WSBC) Revenue & Revenue Breakdown

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WesBanco Revenue Highlights

Latest Revenue (Y)

$825.05M

Latest Revenue (Q)

$243.97M

Main Segment (Y)

Fiduciary and Trust

Main Geography (Y)

Fiduciary and Trust

WesBanco Revenue by Period

WesBanco Revenue by Year

Date	Revenue	Change
2023-12-31	$825.05M	39.44%
2022-12-31	$591.70M	0.17%
2021-12-31	$590.72M	-2.79%
2020-12-31	$607.66M	17.62%
2019-12-31	$516.62M	15.44%
2018-12-31	$447.51M	18.04%
2017-12-31	$379.13M	13.23%
2016-12-31	$334.83M	7.51%
2015-12-31	$311.45M	19.00%
2014-12-31	$261.73M	2.73%
2013-12-31	$254.77M	9.29%
2012-12-31	$233.13M	1.69%
2011-12-31	$229.25M	1.58%
2010-12-31	$225.69M	1.22%
2009-12-31	$222.96M	2.33%
2008-12-31	$217.88M	26.49%
2007-12-31	$172.25M	5.52%
2006-12-31	$163.24M	-4.78%
2005-12-31	$171.44M	18.43%
2004-12-31	$144.76M	6.26%
2003-12-31	$136.23M	3.64%
2002-12-31	$131.45M	17.19%
2001-12-31	$112.17M	4.93%
2000-12-31	$106.90M	-3.86%
1999-12-31	$111.20M	-2.88%
1998-12-31	$114.50M	37.13%
1997-12-31	$83.50M	8.44%
1996-12-31	$77.00M	14.75%
1995-12-31	$67.10M	-0.15%
1994-12-31	$67.20M	31.51%
1993-12-31	$51.10M	-

WesBanco generated $825.05M in revenue during NA 2023, up 39.44% compared to the previous quarter, and up 184.36% compared to the same period a year ago.

WesBanco Revenue by Quarter

Date	Revenue	Change
2024-09-30	$243.97M	4.17%
2024-06-30	$234.19M	7.07%
2024-03-31	$218.73M	-1.36%
2023-12-31	$221.74M	49.26%
2023-09-30	$148.56M	-3.16%
2023-06-30	$153.41M	0.94%
2023-03-31	$151.99M	-3.59%
2022-12-31	$157.64M	596.31%
2022-09-30	$22.64M	-83.74%
2022-06-30	$139.21M	0.81%
2022-03-31	$138.09M	-2.09%
2021-12-31	$141.04M	-4.72%
2021-09-30	$148.03M	-2.59%
2021-06-30	$151.97M	1.52%
2021-03-31	$149.69M	-1.79%
2020-12-31	$152.42M	-1.80%
2020-09-30	$155.21M	2.19%
2020-06-30	$151.87M	2.50%
2020-03-31	$148.17M	7.52%
2019-12-31	$137.80M	11.97%
2019-09-30	$123.07M	-5.05%
2019-06-30	$129.62M	2.76%
2019-03-31	$126.13M	-1.71%
2018-12-31	$128.33M	10.48%
2018-09-30	$116.16M	9.84%
2018-06-30	$105.75M	8.72%
2018-03-31	$97.27M	1.20%
2017-12-31	$96.12M	1.01%
2017-09-30	$95.15M	0.95%
2017-06-30	$94.26M	0.70%
2017-03-31	$93.60M	0.53%
2016-12-31	$93.11M	12.12%
2016-09-30	$83.04M	4.63%
2016-06-30	$79.36M	0.16%
2016-03-31	$79.23M	4.01%
2015-12-31	$76.18M	-3.31%
2015-09-30	$78.80M	-0.09%
2015-06-30	$78.86M	7.82%
2015-03-31	$73.14M	19.28%
2014-12-31	$61.32M	-6.04%
2014-09-30	$65.27M	-1.93%
2014-06-30	$66.55M	3.38%
2014-03-31	$64.37M	7.51%
2013-12-31	$59.88M	-5.33%
2013-09-30	$63.25M	-0.73%
2013-06-30	$63.71M	0.14%
2013-03-31	$63.62M	11.36%
2012-12-31	$57.14M	-0.90%
2012-09-30	$57.66M	0.39%
2012-06-30	$57.43M	0.49%
2012-03-31	$57.15M	-0.95%
2011-12-31	$57.70M	0.35%
2011-09-30	$57.50M	-0.98%
2011-06-30	$58.07M	3.73%
2011-03-31	$55.98M	-2.34%
2010-12-31	$57.32M	0.63%
2010-09-30	$56.96M	2.21%
2010-06-30	$55.73M	0.11%
2010-03-31	$55.67M	-3.77%
2009-12-31	$57.85M	-1.92%
2009-09-30	$58.98M	6.16%
2009-06-30	$55.56M	9.88%
2009-03-31	$50.56M	-5.20%
2008-12-31	$53.34M	-3.47%
2008-09-30	$55.26M	-0.35%
2008-06-30	$55.45M	3.27%
2008-03-31	$53.69M	15.44%
2007-12-31	$46.51M	-

WesBanco generated $243.97M in revenue during Q3 2024, up 4.17% compared to the previous quarter, and up 159.03% compared to the same period a year ago.

WesBanco Revenue Breakdown

WesBanco Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Trail Commissions	$1.00M	$965.00K	$1.12M	$982.00K	$989.00K
Managed Money	$1.09M	$1.22M	$1.20M	$952.00K	$738.00K
Equity And Debt Security Trades	$283.00K	$87.00K	$242.00K	$349.00K	$434.00K
Annuity Commissions	$7.68M	$7.26M	$4.33M	$3.91M	$4.83M
Wes Mark Fees	$7.66M	$8.42M	$9.79M	$8.58M	$8.52M
Trust Account Fees	$20.47M	$19.13M	$19.72M	$17.75M	$18.06M
Personal Service Charges	$23.27M	$23.91M	$20.32M	$19.61M	$24.94M
Fiduciary and Trust	$28.14M	$27.55M	$29.51M	-	-
Commercial Banking Fees	$2.85M	$2.37M	$2.09M	$2.34M	$2.03M
Fiduciary And Trust	-	-	-	$26.34M	$26.58M

WesBanco's latest annual revenue breakdown by segment (product or service), as of Dec 23: Fiduciary and Trust (30.44%), Personal Service Charges (25.17%), Trust Account Fees (22.15%), Annuity Commissions (8.30%), Wes Mark Fees (8.29%), Commercial Banking Fees (3.08%), Managed Money (1.18%), Trail Commissions (1.09%), and Equity And Debt Security Trades (0.31%).

Quarterly Revenue by Product

Product/Service	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Annuity Commissions	$1.97M	$1.99M	$1.80M	$1.84M	$2.05M	$2.06M	$1.93M	$1.68M	$1.58M	$1.09M	$1.17M	$1.15M	$917.00K	$805.00K	$1.22M	$845.00K	$1.04M	$811.00K	$1.20M	$1.45M
Trail Commissions	$242.00K	$246.00K	$261.00K	$250.00K	$247.00K	$227.00K	$240.00K	$244.00K	$254.00K	$132.00K	$412.00K	$330.00K	$248.00K	$273.00K	$232.00K	$231.00K	$247.00K	$250.00K	$257.00K	$242.00K
Commercial Banking Fees	$1.19M	$833.00K	$756.00K	$650.00K	$609.00K	$596.00K	$606.00K	$602.00K	$568.00K	$459.00K	$464.00K	$601.00K	$564.00K	$589.00K	$576.00K	$586.00K	$585.00K	$553.00K	$513.00K	$499.00K
Trust Account Fees	$6.10M	$5.11M	$4.75M	$5.01M	$5.61M	$4.72M	$4.46M	$4.42M	$5.54M	$4.92M	$4.77M	$4.71M	$5.31M	$4.48M	$4.22M	$4.19M	$4.86M	$4.53M	$4.26M	$4.21M
Personal Service Charges	$5.60M	$6.16M	$5.97M	$5.58M	$5.56M	$6.17M	$6.34M	$5.88M	$5.52M	$6.13M	$5.59M	$4.28M	$4.33M	$5.08M	$4.76M	$3.74M	$6.03M	$6.62M	$6.54M	$5.70M
Equity And Debt Security Trades	$80.00K	$80.00K	$54.00K	$149.00K	-	$-7.00K	$29.00K	$8.00K	$57.00K	$36.00K	$73.00K	$57.00K	$76.00K	$69.00K	$27.00K	$94.00K	$159.00K	$78.00K	$151.00K	$103.00K
Managed Money	$254.00K	$249.00K	$275.00K	$284.00K	$283.00K	$271.00K	$290.00K	$327.00K	$327.00K	$316.00K	$311.00K	$291.00K	$283.00K	$255.00K	$248.00K	$214.00K	$235.00K	$254.00K	$153.00K	$174.00K
Wes Mark Fees	$1.98M	$1.91M	$1.95M	$1.91M	$1.89M	$1.95M	$2.06M	$2.11M	$2.29M	$2.52M	$2.52M	$2.44M	$2.32M	$2.27M	$2.20M	$2.01M	$2.10M	$2.17M	$2.16M	$2.13M
Fiduciary and Trust	$8.08M	$7.02M	$6.71M	$6.92M	$7.49M	$6.67M	$6.52M	$6.53M	$7.44M	-	-	-	-	-	-	-	-	-	-	-
Fiduciary And Trust	-	-	-	-	-	-	-	-	$7.83M	$7.29M	$7.15M	$7.63M	$6.75M	$6.43M	$6.20M	$6.95M	$6.70M	$6.42M	$6.34M	-

WesBanco's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Fiduciary and Trust (31.70%), Trust Account Fees (23.92%), Personal Service Charges (21.95%), Wes Mark Fees (7.78%), Annuity Commissions (7.73%), Commercial Banking Fees (4.66%), Managed Money (1.00%), Trail Commissions (0.95%), and Equity And Debt Security Trades (0.31%).

WesBanco Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Personal Service Charges	$23.91M	$20.32M	$19.61M	$24.94M	$21.55M
Trust Account Fees	$19.13M	$19.72M	$17.75M	$18.06M	$15.83M
Wes Mark Fees	$8.42M	$9.79M	$8.58M	$8.52M	-
Managed Money	$1.22M	$1.20M	$952.00K	$738.00K	$647.00K
Equity And Debt Security Trades	$87.00K	$242.00K	$349.00K	$434.00K	$429.00K
Annuity Commissions	$7.26M	$4.33M	$3.91M	$4.83M	$5.18M
Fiduciary and Trust	$27.55M	$29.51M	$24.62M	-	-
Commercial Banking Fees	$2.37M	$2.09M	$2.34M	$2.03M	$2.13M
Trail Commissions	$965.00K	$1.12M	$982.00K	$989.00K	$932.00K
Fiduciary And Trust	-	-	$26.34M	$26.58M	-
WesMark Fees	-	-	-	-	$8.79M

WesBanco's latest annual revenue breakdown by geography, as of Dec 22: Fiduciary and Trust (30.31%), Personal Service Charges (26.30%), Trust Account Fees (21.05%), Wes Mark Fees (9.26%), Annuity Commissions (7.98%), Commercial Banking Fees (2.61%), Managed Money (1.34%), Trail Commissions (1.06%), and Equity And Debt Security Trades (0.10%).

WesBanco Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
UMBF	UMB Financial	$2.38B	$557.69M
WSFS	WSFS Financial	$1.27B	$363.54M
TRMK	Trustmark	$892.30M	$254.90M
WSBC	WesBanco	$825.05M	$243.97M
INDB	Independent Bank	$795.73M	$243.72M
SASR	Sandy Spring Bancorp	$704.60M	$170.10M
BRKL	Brookline Bancorp	$609.22M	$159.56M
PGC	Peapack-Gladstone Financial	$377.41M	$56.62K
WABC	Westamerica Ban	$327.54M	$79.72M
CTBI	Community Trust Ban	$327.31M	$95.38M
HBCP	Home Bancorp	$178.87M	$51.02M
CFBK	CF Bankshares	$112.31M	$30.00M
FFNW	First Financial Northwest	$80.93M	$20.09M
TBNK	Territorial Bancorp	$71.56M	$18.93M
UNB	Union Bankshares	$67.00M	$19.40M
RBKB	Rhinebeck Bancorp	$66.39M	$6.01M
CWBC	Community West Bancshares	$61.39M	$27.26M
HMNF	HMN Financial	$43.48M	$14.79M
HFBL	Home Federal Bancorp, Inc. of Louisiana	$33.45M	$8.04M
TCBC	TC Bancshares	$21.92M	$6.04B

WSBC Revenue FAQ

What is WesBanco’s yearly revenue?

WesBanco's yearly revenue for 2023 was $825.05M, representing an increase of 39.44% compared to 2022. The company's yearly revenue for 2022 was $591.7M, representing an increase of 0.17% compared to 2021. WSBC's yearly revenue for 2021 was $590.72M, representing a decrease of -2.79% compared to 2020.

What is WesBanco’s quarterly revenue?

WesBanco's quarterly revenue for Q3 2024 was $243.97M, a 4.17% increase from the previous quarter (Q2 2024), and a 64.22% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $234.19M, a 7.07% increase from the previous quarter (Q1 2024), and a 52.66% increase year-over-year (Q2 2023). WSBC's quarterly revenue for Q1 2024 was $218.73M, a -1.36% decrease from the previous quarter (Q4 2023), and a 43.91% increase year-over-year (Q1 2023).

What is WesBanco’s revenue growth rate?

WesBanco's revenue growth rate for the last 3 years (2021-2023) was 39.67%, and for the last 5 years (2019-2023) was 59.70%.

What are WesBanco’s revenue streams?

WesBanco's revenue streams in c 23 are Trail Commissions, Managed Money, Equity And Debt Security Trades, Annuity Commissions, Wes Mark Fees, Trust Account Fees, Personal Service Charges, Fiduciary and Trust, and Commercial Banking Fees. Trail Commissions generated $1M in revenue, accounting 1.09% of the company's total revenue, up 4.04% year-over-year. Managed Money generated $1.09M in revenue, accounting 1.18% of the company's total revenue, down -10.21% year-over-year. Equity And Debt Security Trades generated $283K in revenue, accounting 0.31% of the company's total revenue, up 225.29% year-over-year. Annuity Commissions generated $7.68M in revenue, accounting 8.30% of the company's total revenue, up 5.77% year-over-year. Wes Mark Fees generated $7.66M in revenue, accounting 8.29% of the company's total revenue, down -8.98% year-over-year. Trust Account Fees generated $20.47M in revenue, accounting 22.15% of the company's total revenue, up 7.00% year-over-year. Personal Service Charges generated $23.27M in revenue, accounting 25.17% of the company's total revenue, down -2.68% year-over-year. Fiduciary and Trust generated $28.14M in revenue, accounting 30.44% of the company's total revenue, up 2.12% year-over-year. Commercial Banking Fees generated $2.85M in revenue, accounting 3.08% of the company's total revenue, up 20.07% year-over-year.

What is WesBanco’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of WesBanco was Fiduciary and Trust. This segment made a revenue of $28.14M, representing 30.44% of the company's total revenue.