WesBanco (WSBC) Revenue & Revenue Breakdown


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WesBanco Revenue Highlights


Latest Revenue (Y)

$825.64M

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

DateRevenueChange
2024-12-31$825.64M38.83%
2023-12-31$594.69M0.51%
2022-12-31$591.70M0.17%
2021-12-31$590.72M-2.79%
2020-12-31$607.66M17.62%
2019-12-31$516.62M15.44%
2018-12-31$447.51M18.04%
2017-12-31$379.13M13.23%
2016-12-31$334.83M7.51%
2015-12-31$311.45M19.00%
2014-12-31$261.73M2.73%
2013-12-31$254.77M9.29%
2012-12-31$233.13M1.69%
2011-12-31$229.25M1.58%
2010-12-31$225.69M1.22%
2009-12-31$222.96M2.33%
2008-12-31$217.88M26.49%
2007-12-31$172.25M5.52%
2006-12-31$163.24M-4.78%
2005-12-31$171.44M18.43%
2004-12-31$144.76M6.26%
2003-12-31$136.23M3.64%
2002-12-31$131.45M17.19%
2001-12-31$112.17M4.93%
2000-12-31$106.90M-3.86%
1999-12-31$111.20M-2.88%
1998-12-31$114.50M37.13%
1997-12-31$83.50M8.44%
1996-12-31$77.00M14.75%
1995-12-31$67.10M-0.15%
1994-12-31$67.20M31.51%
1993-12-31$51.10M-

WesBanco generated $825.64M in revenue during NA 2024, up 38.83% compared to the previous quarter, and up 159.82% compared to the same period a year ago.

WesBanco Revenue by Quarter

DateRevenueChange
2024-09-30$243.97M4.17%
2024-06-30$234.19M7.07%
2024-03-31$218.73M-1.36%
2023-12-31$221.74M49.26%
2023-09-30$148.56M-3.16%
2023-06-30$153.41M0.94%
2023-03-31$151.99M-3.59%
2022-12-31$157.64M596.31%
2022-09-30$22.64M-83.74%
2022-06-30$139.21M0.81%
2022-03-31$138.09M-2.09%
2021-12-31$141.04M-4.72%
2021-09-30$148.03M-2.59%
2021-06-30$151.97M1.52%
2021-03-31$149.69M-1.79%
2020-12-31$152.42M-1.80%
2020-09-30$155.21M2.19%
2020-06-30$151.87M2.50%
2020-03-31$148.17M7.52%
2019-12-31$137.80M11.97%
2019-09-30$123.07M-5.05%
2019-06-30$129.62M2.76%
2019-03-31$126.13M-1.71%
2018-12-31$128.33M10.48%
2018-09-30$116.16M9.84%
2018-06-30$105.75M8.72%
2018-03-31$97.27M1.20%
2017-12-31$96.12M1.01%
2017-09-30$95.15M0.95%
2017-06-30$94.26M0.70%
2017-03-31$93.60M0.53%
2016-12-31$93.11M12.12%
2016-09-30$83.04M4.63%
2016-06-30$79.36M0.16%
2016-03-31$79.23M4.01%
2015-12-31$76.18M-3.31%
2015-09-30$78.80M-0.09%
2015-06-30$78.86M7.82%
2015-03-31$73.14M19.28%
2014-12-31$61.32M-6.04%
2014-09-30$65.27M-1.93%
2014-06-30$66.55M3.38%
2014-03-31$64.37M7.51%
2013-12-31$59.88M-5.33%
2013-09-30$63.25M-0.73%
2013-06-30$63.71M0.14%
2013-03-31$63.62M11.36%
2012-12-31$57.14M-0.90%
2012-09-30$57.66M0.39%
2012-06-30$57.43M0.49%
2012-03-31$57.15M-0.95%
2011-12-31$57.70M0.35%
2011-09-30$57.50M-0.98%
2011-06-30$58.07M3.73%
2011-03-31$55.98M-2.34%
2010-12-31$57.32M0.63%
2010-09-30$56.96M2.21%
2010-06-30$55.73M0.11%
2010-03-31$55.67M-3.77%
2009-12-31$57.85M-1.92%
2009-09-30$58.98M6.16%
2009-06-30$55.56M9.88%
2009-03-31$50.56M-5.20%
2008-12-31$53.34M-3.47%
2008-09-30$55.26M-0.35%
2008-06-30$55.45M3.27%
2008-03-31$53.69M15.44%
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/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Equity And Debt Security Trades$299.00K$283.00K$87.00K$242.00K$349.00K
Managed Money$1.15M$1.09M$1.22M$1.20M$952.00K
Trail Commissions$1.08M$1.00M$965.00K$1.12M$982.00K
Commercial Banking Fees$5.39M$2.85M$2.37M$2.09M$2.34M
Fiduciary and Trust$30.68M$28.14M$27.55M$29.51M-
Personal Service Charges$24.59M$23.27M$23.91M$20.32M$19.61M
Annuity Commissions$7.71M$7.68M$7.26M$4.33M$3.91M
Trust Account Fees$22.50M$20.47M$19.13M$19.72M$17.75M
Wes Mark Fees$8.18M$7.66M$8.42M$9.79M$8.58M
Fiduciary And Trust----$26.34M

WesBanco's latest annual revenue breakdown by segment (product or service), as of Dec 24: Fiduciary and Trust (30.20%), Personal Service Charges (24.21%), Trust Account Fees (22.15%), Wes Mark Fees (8.05%), Annuity Commissions (7.59%), Commercial Banking Fees (5.31%), Managed Money (1.13%), Trail Commissions (1.07%), and Equity And Debt Security Trades (0.29%).

Quarterly Revenue by Product

Product/ServiceDec 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Commercial Banking Fees$4.20M$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
Trail Commissions$840.00K$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
Managed Money$897.00K$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
Equity And Debt Security Trades$219.00K$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
Wes Mark Fees$6.20M$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
Annuity Commissions$5.73M$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
Trust Account Fees$16.40M$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
Personal Service Charges$18.99M$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
Fiduciary and Trust$22.59M$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-

WesBanco's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Fiduciary and Trust (29.70%), Personal Service Charges (24.97%), Trust Account Fees (21.55%), Wes Mark Fees (8.15%), Annuity Commissions (7.54%), Commercial Banking Fees (5.52%), Managed Money (1.18%), Trail Commissions (1.10%), and Equity And Debt Security Trades (0.29%).

WesBanco Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
Trust Account Fees$19.13M$19.72M$17.75M$18.06M$15.83M
Personal Service Charges$23.91M$20.32M$19.61M$24.94M$21.55M
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
Annuity Commissions$7.26M$4.33M$3.91M$4.83M$5.18M
Equity And Debt Security Trades$87.00K$242.00K$349.00K$434.00K$429.00K
Managed Money$1.22M$1.20M$952.00K$738.00K$647.00K
Wes Mark Fees$8.42M$9.79M$8.58M$8.52M-
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


TickerCompanyLast Year RevenueLast Quarter Revenue
UMBFUMB Financial$2.17B$557.69M
TRMKTrustmark$972.90M$254.90M
INDBIndependent Bank$852.75M$243.72M
WSBCWesBanco$825.64M$243.97M
SASRSandy Spring Bancorp$672.27M$170.10M
BRKLBrookline Bancorp$628.52M$159.56M
CTBICommunity Trust Ban$313.44M$95.38M
WABCWestamerica Ban$268.01M$79.72M
PGCPeapack-Gladstone Financial$228.13M$56.62K
HBCPHome Bancorp$184.77M$51.02M
CFBKCF Bankshares$118.39M$30.00M
FFNWFirst Financial Northwest$77.37M$20.09M
CWBCCommunity West Bancshares$61.39M$27.26M
UNBUnion Bankshares$47.16M$20.10M
TBNKTerritorial Bancorp$36.40M$18.93M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$7.66M
RBKBRhinebeck Bancorp$25.91M$6.01M
WSFSWSFS Financial-$363.54M

WSBC Revenue FAQ


What is WesBanco’s yearly revenue?

WesBanco's yearly revenue for 2024 was $825.64M, representing an increase of 38.83% compared to 2023. The company's yearly revenue for 2023 was $594.69M, representing an increase of 0.51% compared to 2022. WSBC's yearly revenue for 2022 was $591.7M, representing an increase of 0.17% compared to 2021.

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 (2022-2024) was 39.54%, and for the last 5 years (2020-2024) was 35.87%.

What are WesBanco’s revenue streams?

WesBanco's revenue streams in c 24 are Equity And Debt Security Trades, Managed Money, Trail Commissions, Commercial Banking Fees, Fiduciary and Trust, Personal Service Charges, Annuity Commissions, Trust Account Fees, and Wes Mark Fees. Equity And Debt Security Trades generated $299K in revenue, accounting 0.29% of the company's total revenue, up 5.65% year-over-year. Managed Money generated $1.15M in revenue, accounting 1.13% of the company's total revenue, up 5.50% year-over-year. Trail Commissions generated $1.08M in revenue, accounting 1.07% of the company's total revenue, up 7.77% year-over-year. Commercial Banking Fees generated $5.39M in revenue, accounting 5.31% of the company's total revenue, up 89.29% year-over-year. Fiduciary and Trust generated $30.68M in revenue, accounting 30.20% of the company's total revenue, up 9.03% year-over-year. Personal Service Charges generated $24.59M in revenue, accounting 24.21% of the company's total revenue, up 5.67% year-over-year. Annuity Commissions generated $7.71M in revenue, accounting 7.59% of the company's total revenue, up 0.38% year-over-year. Trust Account Fees generated $22.5M in revenue, accounting 22.15% of the company's total revenue, up 9.88% year-over-year. Wes Mark Fees generated $8.18M in revenue, accounting 8.05% of the company's total revenue, up 6.77% year-over-year.

What is WesBanco’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of WesBanco was Fiduciary and Trust. This segment made a revenue of $30.68M, representing 30.20% of the company's total revenue.