WSBC WesBanco, Inc.

All WSBC filings Filing statistics SEC Website

WesBanco, Inc. is a bank holding company. It offers financial services including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. The company operates through the following segments: Community Banking, and Trust & Investment Services. The Community Banking segment offers services traditionally offered by service commercial banks, including commercial demand, individual demand and time deposit accounts, as well as commercial, mortgage and individual installment loans, and certain non-traditional offerings, such as insurance and securities brokerage services. The Trust & Investment Services segment offers trust services as well as various alternative investment products including mutual funds. The company was founded on April 3, 1870 and is headquartered in Wheeling, WV.

Company profile

Ticker

WSBC

Exchange

NASDAQ

CEO

Todd F. Clossin

Incorporated in

West Virginia

Location

West Virginia

Fiscal year end

Dec 31

Sector

Finance > Regional Banks

Industry (SEC)

National Commercial Banks

Bank of America • JPMorgan Chase & Co. • Us Bancorp • Capital One Financial • Regions Financial • MUFG Americas • Citigroup • Comerica • Zions Bancorporation, National Association • BB&T ...

SEC CIK

0000203596

Corporate docs

Articles of Incorporation & Bylaws

Subsidiary Companies

IRS number

550571723

WSBC stock data

S&P 500

1M 1Y 2Y 5Y

Company financial data Financial data

Chart WSBC financial data

Download latest Excel data (2019 Q2) View latest Excel data (2019 Q2)

Quarter (USD)	Jun 19	Mar 19	Dec 18	Sep 18
Net income	44.81M	40.34M	43.93M	32.49M
Diluted EPS	0.82	0.74	0.8	0.64
Net change in cash	-142.54M	167.71M	-104.49M	118.12M
Cash on hand	194.36M	336.89M	169.19M	273.68M

Annual (USD)	Dec 18	Dec 17	Dec 16	Dec 15
Net income	143.11M	94.48M	86.64M	80.76M
Diluted EPS	2.92	2.14	2.16	2.15
Net change in cash	51.61M	-10.6M	41.49M	-7.32M
Cash on hand	169.19M	117.57M	128.17M	86.69M

Financial data from WesBanco earnings reports

Financial report summary

Management Discussion

Net income for the three months ended June 30, 2019 was $44.8 million, with diluted earnings per share of $0.82, compared to $33.2 million and $0.71 per diluted share, respectively, for the second quarter of 2018. Net income for the six months ended June 30, 2019 was $85.2 million, with diluted earnings per share of $1.56, compared to $66.7 million and $1.47 per diluted share, respectively for the six months ended June 30, 2018. Excluding after-tax merger-related expenses (non-GAAP measure) in both periods, net income and diluted earnings per share would have increased 19.9% to $44.9 million, or $0.82 per diluted share for the three months ended June 30, 2019, as compared to the prior year quarter; and net income for the six months ended June 30, 2019 increased 23.2% year-over-year to $87.7 million, or $1.60 per diluted share versus $1.57 per diluted share in the prior year period.

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