Wesbanco (WSBC)

Founded in 1870, WesBanco, Inc. is a diversified and balanced financial services company that delivers large bank capabilities with a community bank feel. Its distinct long-term growth strategies are built upon unique sustainable advantages permitting to span six states with meaningful market share. Built upon its 'Better Banking Pledge', its customer-centric service culture is focused on growing long-term relationships by pledging to serve all personal and business customer needs efficiently and effectively. In addition to a full range of online and mobile banking options and a full-suite of commercial products and services, WesBanco provides trust, wealth management, securities brokerage, and private banking services through its century-old Trust and Investment Services department, with approximately $5.0 billion of assets under management (as of December 31, 2020). WesBanco's banking subsidiary, WesBanco Bank, Inc., operates 212 financial centers in the states of Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and West Virginia. Additionally, WesBanco operates an insurance agency, WesBanco Insurance Services, Inc., and a full service broker/dealer, WesBanco Securities, Inc.

Company profile

Ticker

WSBC, WSBCP

Exchange

NASDAQ

Website

www.wesbanco.com

CEO

Todd F. Clossin

Incorporated

West Virginia

Location

West Virginia

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

Citigroup • Wells Fargo & Co. • JPMorgan Chase & Co. • U.S. Bancorp. • PNC Financial Services • Capital One Financial • Shinhan Financial • HSBC USA • Regions Financial • Keycorp ...

SEC CIK

0000203596

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Wesbanco Bank, Inc. • Wesbanco Insurance Services, Inc. • Wesbanco Title Agency, LLC • THF, Inc. • Wesbanco Asset Management, Inc. • Wesbanco Community Development Corp. • CBSI Development Fund, Inc. • AMSCO, Inc. • Kentuckiana Real Estate Holdings, LLC • Southern Indiana Real Estate Holdings, LLC ...

IRS number

550571723

WSBC stock data

1M 1Y 5Y

News

From Benzinga Pro

Benzinga's Top Ratings Upgrades, Downgrades For May 4, 2022

4 May 22

Upgrades

Piper Sandler Downgrades Wesbanco to Underweight

4 May 22

Piper Sandler analyst Casey Orr Whitman downgrades Wesbanco (NASDAQ:WSBC) from Neutral to Underweight.

Wesbanco: Q1 Earnings Insights

26 Apr 22

Wesbanco (NASDAQ:WSBC) reported its Q1 earnings results on Tuesday, April 26, 2022 at 04:30 PM. Here's what investors need to know about the announcement. Earnings Wesbanco beat estimated earnings by 11.11%, reporting an EPS of $0.7 versus an estimate of $0.63.

Wesbanco Q1 EPS $0.70 Beats $0.63 Estimate

26 Apr 22

Earnings Scheduled For April 26, 2022

26 Apr 22

Press releases

From Benzinga Pro

WesBanco, Inc. Elects Rosie Allen-Herring to its Board of Directors

2 Jun 22

WHEELING, W.Va., June 2, 2022 /PRNewswire/ -- WesBanco, Inc. (NASDAQ:WSBC), a diversified, multi-state bank holding company, announces that during its Annual Meeting of Stockholders held April 20, 2022, Rosie

WesBanco Bank Again Receives the America Saves Designation of Savings Excellence

1 Jun 22

WHEELING, W.Va., June 1, 2022 /PRNewswire/ -- WesBanco, Inc. (NASDAQ:WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, was recently recognized with the 2022 America

WesBanco Declares Quarterly Cash Dividend to Its Shareholders

18 May 22

WHEELING, W.Va., May 18, 2022 /PRNewswire/ -- WesBanco, Inc. (NASDAQ:WSBC), a diversified, multi-state bank holding company, announced today that its Board of Directors has declared a quarterly cash dividend of $0.34 per

WesBanco Announces First Quarter 2022 Financial Results

26 Apr 22

WesBanco Named One of the World's Best Banks by Forbes

19 Apr 22

Calendar

5 May 22

26 Jun 22

31 Dec 22

Financial summary

Financial statements Chart WSBC financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Wesbanco earnings reports.

Recent insider trades

WSBC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 Jun 22	Richmond Brent E	Common Stock	Grant	Acquire A	No	No	0	152	0	31,702.225
6 Jun 22	Dargusch Jonathan D	Common Stock	Sell	Dispose S	No	No	34.0469	2,000	68.09K	26,615.211
2 Jun 22	Dargusch Jonathan D	Common Stock	Gift	Dispose G	No	No	0	900	0	28,615.211
25 May 22	Young Robert H	Common Stock	Sell	Dispose S	No	No	32.8	2,000	65.6K	23,698.409
25 May 22	Young Robert H	Common Stock	Option exercise	Acquire M	No	No	31.58	2,000	63.16K	25,698.409
25 May 22	Young Robert H	Stock Option Common Stock	Option exercise	Dispose M	No	No	31.58	2,000	63.16K	0
23 May 22	Zatta Jayson M	Common Stock	Sell	Dispose S	No	No	32.7741	2,000	65.55K	55,199.887
23 May 22	Zatta Jayson M	Common Stock	Option exercise	Acquire M	No	No	31.58	2,000	63.16K	57,199.887
23 May 22	Zatta Jayson M	Stock Option Common Stock	Option exercise	Dispose M	No	No	31.58	2,000	63.16K	0
23 May 22	Clossin Todd	Common Stock	Sell	Dispose S	No	No	32.3399	5,000	161.7K	129,392.942

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

WSBC institutional ownership history Ownership history

59.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	201	204	-1.5%
Opened positions	22	28	-21.4%
Closed positions	25	32	-21.9%
Increased positions	71	59	+20.3%
Reduced positions	63	70	-10.0%

13F shares	Current	Prev Q	Change
Total value	1.23B	1.31B	-5.9%
Total shares	35.91M	37.44M	-4.1%
Total puts	14.2K	15.9K	-10.7%
Total calls	0	0
Total put/call ratio	Infinity	Infinity	NaN%

Largest owners	Shares	Value	Change
Vanguard	5.97M	$205.26M	+1.3%
BLK Blackrock	5.36M	$184.18M	-3.3%
Dimensional Fund Advisors	4.27M	$146.78M	+0.9%
STT State Street	2.36M	$81.81M	-11.7%
Wesbanco Bank	2.1M	$72.31M	-11.3%
MCQEF Macquarie	1.68M	$57.84M	+3.0%
Geode Capital Management	1.13M	$38.86M	+0.6%
BAC Bank Of America	1.05M	$35.97M	+3.0%
NTRS Northern Trust	829.48K	$28.5M	-4.1%
Earnest Partners	671.51K	$23.07M	-2.7%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-644.43K	EXIT
STT State Street	2.36M	-311.64K	-11.7%
Wesbanco Bank	2.1M	-267.39K	-11.3%
Foundry Partners	0	-266.89K	EXIT
BLK Blackrock	5.36M	-180.78K	-3.3%
Victory Capital Management	366.65K	+162.81K	+79.9%
WFC Wells Fargo & Co.	386.3K	+79.27K	+25.8%
Richard Bernstein Advisors	0	-78.21K	EXIT
Vanguard	5.97M	+75.27K	+1.3%
Nuveen Asset Management	430.59K	-72.49K	-14.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Kentucky First Federal Bancorp

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

New words: ACH, count, Derecognition, difficulty, economy, eleven, enterprise, floating, HELOC, issuable, layer, lessen, merit, moratorium, multiple, NaN, Nashville, nonfinancial, nonprepayable, online, owner, promising, recruiting, salary, stabilizing, Subtopic, summer, Tier, Troubled

Removed: accelerate, aggressive, assessment, award, broadly, communication, coupled, cured, declining, depositing, digital, elimination, ending, franchise, FTE, grant, infrastructure, inherently, KSOP, led, lowest, median, metric, moved, moving, OLBK, overdraft, peer, percentile, prevalent, record, reducing, refinanced, subjective, supportable, susceptible, top, United, unused, usage, vest

From filing 10-Q 2022 Q1

Financial reports

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