WesBanco, Inc.
Description
WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services. It offers commercial demand, individual demand, and time deposit accounts; commercial, mortgage and individual installment loans; retail loans, such as residential real estate mortgage loans, home equity lines of credit, and loans for other consumer purposes; 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 various non-traditional offerings, such as insurance and securities brokerage services. The company also provides trust services; and various alternative investment products, including mutual funds and annuities. In addition, it 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. WesBanco, Inc. was founded in 1870 and is headquartered in Wheeling, West Virginia.
About
CEO
Mr. Jeffrey H. Jackson
Employees
2,277
Instrument type
Common Stock
Sector
Financial Services
Industry
Banks - Regional
MIC code
XNGS
Address
1 Bank Plaza, Wheeling, WV 26003, United States
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Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 20, 2026 | — | — | — | — |
| Oct 21, 2025 | — | — | — | — |
| Jul 24, 2025 | — | — | — | — |
| Apr 21, 2025 | — | — | — | — |
| Jan 23, 2025 | 0.55 | 0.71 | 0.16 | 29.09% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 7 | 7 | 7 | 7 |
| Average estimate | 0.55 | 0.87 | 3.28 | 3.87 |
| Low estimate | 0.18 | 0.81 | 3.14 | 3.75 |
| High estimate | 0.71 | 0.97 | 3.40 | 3.98 |
| Last year EPS | 0.56 | 0.49 | 2.34 | 3.28 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
-2.300%
Next qtr. (Jun 2025)
76.680%
Current year (Dec 2025)
39.990%
Next year (Dec 2026)
18.100%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 594.69M | 585.80M | 582.48M | 599.30M | 509.69M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 247.27M | 222.04M | 208.06M | 208.58M | 193.37M |
| Other operating expenses | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | 194.05M | 236.40M | 301.85M | 145.08M | 193.21M |
| Tax provision | 35.02M | 44.29M | 59.59M | 23.04M | 34.34M |
| Net income | 159.03M | 192.11M | 242.26M | 122.04M | 158.87M |
| Basic EPS | 2.51 | 3.03 | 3.54 | 1.78 | 2.83 |
| Diluted EPS | 2.51 | 3.02 | 3.53 | 1.77 | 2.83 |
| Basic average shares | 59.30M | 60.05M | 65.52M | 67.26M | 56.11M |
| Diluted average shares | 59.30M | 60.05M | 65.52M | 67.26M | 56.11M |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | 159.03M | 192.11M | 242.26M | 122.04M | 158.87M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 595.38M | 408.41M | 1.25B | 905.45M | 234.80M |
| Other short term investments | 2.19B | 2.53B | 3.01B | 1.98B | 2.39B |
| Accounts receivable | 77.44M | 68.52M | 60.84M | 66.79M | 43.65M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 71.18M | 47.96M | 47.17M | 56.06M | 58.53M |
| Land and improvements | 55.67M | 57.82M | 58.53M | 62.13M | 66.61M |
| Machinery furniture equipment | 115.16M | 111.26M | 109.16M | 106.50M | 102.17M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -218.02M | -212.73M | -208.25M | -200.21M | -187.44M |
| Goodwill | 2.23B | 2.24B | 2.25B | 2.26B | 2.22B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 35.51M | 44.59M | 54.87M | 66.33M | 80.43M |
| Investments and advances | 3.41B | 3.79B | 4.03B | 2.72B | 3.26B |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | 11.12M | 4.59M | 1.90M | 4.31M | 8.08M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | 105.89M | 135.07M | 141.89M | 241.95M | 282.36M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 1.63B | 986.40M | 316.78M | 741.29M | 1.62B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 141.83M | 141.83M | 141.83M | 141.83M | 141.83M |
| Retained earnings | 1.14B | 1.08B | 977.77M | 831.69M | 824.69M |
| Other shareholders equity | -228.71M | -264.24M | -6.80M | 29.87M | -103,000 |
| Total shareholders equity | 2.53B | 2.43B | 2.69B | 2.76B | 2.59B |
| Additional paid in capital | 1.64B | 1.64B | 1.64B | 1.63B | 1.64B |
| Treasury stock | 303.00M | 308.96M | 199.76M | 25.95M | 9.46M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | 159.03M | 192.11M | 242.26M | 122.04M | 158.87M | 143.11M | 94.48M | 86.64M | 80.76M | 69.97M | 63.93M | 49.54M | 43.81M | 35.61M | 23.93M | 38.12M | 44.67M | 39.04M | 42.76M | 38.18M | 36.13M | 34.83M | 29.00M | 26.92M | 27.64M | 28.30M | 25.20M | 25.90M | 18.20M | 15.70M | 14.70M | 12.90M | 9.90M | 8.90M | 8.50M |
| Depreciation | 14.44M | 13.04M | 13.39M | 14.13M | 11.57M | 10.45M | 10.44M | 9.24M | 8.12M | 7.39M | 6.98M | 6.05M | 6.24M | 6.85M | 10.33M | 6.38M | 4.71M | 4.24M | 5.89M | 8.84M | 10.81M | 5.28M | 4.45M | 5.60M | 6.95M | 5.40M | 6.30M | 6.50M | 5.40M | 7.10M | 1.30M | 4.50M | 1.20M | 1.00M | 1.10M |
| Deferred Taxes | -3.68M | 4.49M | 18.69M | -10.52M | 8.47M | 7.16M | 27.11M | 10.82M | 10.67M | 8.69M | 6.53M | -80,000 | 874,000 | -3.22M | — | -5.40M | -2.11M | -395,000 | 3.75M | 1.41M | -364,000 | 391,000 | -232,000 | -70,000 | 323,000 | -200,000 | -400,000 | -300,000 | 200,000 | -100,000 | -100,000 | -800,000 | -600,000 | -400,000 | -300,000 |
| Stock-Based Compensation | 8.32M | 6.25M | 6.48M | 5.65M | 5.32M | 4.36M | 2.96M | 2.02M | 1.67M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 5.47M | 22.84M | 123.93M | -130.99M | -21.71M | 12.56M | 299,000 | -5.10M | -756,000 | 1.17M | 10.75M | -4.64M | 11.69M | 13.66M | 1.68M | -5.44M | 8.95M | 5.51M | 9.77M | 3.28M | 9.85M | 10.09M | 6.47M | 4.64M | 2.22M | -1.50M | 6.20M | 4.40M | 2.90M | 6.10M | 94.00M | 2.40M | 3.70M | 2.70M | 2.30M |
| Accounts Receivable | -30.03M | -63.07M | 60.50M | -30.28M | -33.40M | 19.90M | 4.59M | 13.14M | -4.29M | 10.21M | 26.37M | 5.21M | 5.30M | 20.08M | -8.15M | -190,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Accounts Payable | 12.59M | 44.23M | -35.10M | 16.19M | 41.50M | -1.35M | 3.40M | 7.40M | -7.99M | -1.90M | -4.20M | 9.71M | 11.99M | -4.38M | -14.18M | -4.01M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -11.00M | -10.73M | -8.94M | -7.36M | -5.91M | -7.13M | -5.57M | -4.68M | -5.13M | -4.61M | -4.66M | -3.52M | -3.57M | -2.87M | -10.93M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating Cash Flow | 155.14M | 209.16M | 421.21M | -21.13M | 164.70M | 189.07M | 137.71M | 119.49M | 83.05M | 90.91M | 105.69M | 62.28M | 76.33M | 65.74M | 2.69M | 29.46M | 56.22M | 48.39M | 62.16M | 51.71M | 56.43M | 50.59M | 39.68M | 37.10M | 37.13M | 32.00M | 37.30M | 36.50M | 26.70M | 28.80M | 109.90M | 19.00M | 14.20M | 12.20M | 11.60M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | -22.51M | -7.99M | -8.54M | -7.55M | -12.20M | -4.67M | -6.04M | -2.06M | -9.58M | -7.37M | -8.85M | -5.97M | -2.51M | -2.70M | -2.65M | -7.14M | -9.39M | -5.68M | -8.49M | -4.97M | -3.25M | -4.14M | -2.21M | -2.22M | -10.24M | -9.00M | -7.50M | -7.10M | -3.20M | -1.50M | -1.60M | -1.40M | -1.10M | -700,000 | -800,000 |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | 60.03M | 278.65M | — | 4.86M | -28.55M | — | — | 10.95M | — | — | 578.57M | — | 7.03M | -14.38M | -37.82M | -26.87M | — | 24.46M | — | — | 2.81M | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | -4.50M | -803.44M | -2.34B | -668.63M | -615.25M | -931.63M | -318.79M | -307.34M | -916.97M | -247.23M | -282.35M | -513.34M | -764.79M | -797.02M | -1.26B | -245.90M | -239.66M | -281.18M | -224.11M | -386.33M | -750.14M | -673.87M | -467.43M | -110.55M | -133.18M | -443.00M | -228.70M | -269.40M | -106.60M | -162.20M | -106.70M | -203.50M | -89.30M | -138.60M | -94.00M |
| Sale of Investments | 418.89M | 692.74M | 948.47M | 1.23B | 731.86M | 430.52M | 337.32M | 673.50M | 1.03B | 279.00M | 336.80M | 717.68M | 584.73M | 624.35M | 937.62M | 258.23M | 219.00M | 537.58M | 399.70M | 479.79M | 724.07M | 526.60M | 264.84M | 144.25M | 227.35M | 384.80M | 211.20M | 278.70M | 166.30M | 165.90M | 22.50M | 123.00M | 100.00M | 115.70M | 69.60M |
| Investing Cash Flow | 400.21M | -109.97M | -1.44B | 554.06M | 165.59M | -222.35M | 12.85M | 368.98M | 82.98M | 26.75M | 48.56M | 209.32M | -182.57M | -175.37M | 252.14M | -20.65M | 100.13M | 240.17M | 144.54M | -158.99M | -154.74M | -108.59M | -159.03M | -43.12M | -37.62M | -124.10M | -20.90M | -119.30M | -19.30M | -30.70M | -119.80M | -107.20M | -18.30M | -46.90M | -39.60M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 1.61B | 797.70M | — | 475.00M | 1.04B | 640.00M | 680.00M | 140.00M | 941.91M | 200.53M | — | — | — | 20.00M | — | 592.27M | — | — | 15.46M | 165.95M | 101.41M | 80.21M | 119.81M | — | 38.75M | 16.90M | 9.50M | — | — | 100,000 | 400,000 | 600,000 | — | — | — |
| Long-Term Debt Payments | -994.82M | -136.36M | -525.70M | -1.38B | -967.56M | -607.40M | -701.17M | -233.99M | -551.47M | -16.78M | -78.58M | -115.61M | -85.08M | -266.80M | -159.88M | -482.33M | -89.84M | -251.40M | -119.87M | -40.34M | -21.65M | — | — | -14.14M | 38.70M | 19.20M | 9.40M | 10.10M | -100,000 | — | -200,000 | -1.60M | — | — | — |
| Other Financing Charges | — | — | — | — | — | — | — | — | — | — | — | — | — | -9.97M | -46.89M | 75.00M | 84,000 | -23.23M | 41.82M | 23.35M | — | -18,000 | — | — | -1,000 | -100,000 | 100,000 | 900,000 | 4.80M | 14.60M | 1.20M | 1.20M | 1.00M | 3.60M | 900,000 |
| Financing Cash Flow | 485.08M | 447.02M | -902.25M | -907.66M | -54.06M | 66.46M | -46.57M | -117.40M | 350.56M | 109.52M | -116.39M | -241.97M | -91.06M | -267.35M | -372.41M | 123.96M | -54.76M | -315.44M | -82.48M | 152.26M | 60.48M | 61.31M | 103.08M | -31.30M | 59.70M | 20.20M | 14.90M | 14.30M | -6.30M | 1.70M | -1.00M | -4.40M | -2.00M | 5.10M | -2.00M |
| Other Cash Details | |||||||||||||||||||||||||||||||||||
| End Cash Position | 595.38M | 408.41M | 1.25B | 905.45M | 234.80M | 169.19M | 117.57M | 128.17M | 86.69M | 94.00M | 95.55M | 125.61M | 140.33M | 79.14M | 82.87M | 141.17M | 130.50M | 96.61M | 110.61M | 97.06M | 108.21M | 81.09M | 82.28M | 73.42M | 81.35M | 106.30M | 161.30M | — | — | — | — | — | — | — | — |
| Income Tax Paid | 35.60M | 24.90M | 35.73M | 36.98M | 31.38M | 18.70M | 22.88M | 22.08M | 15.86M | 11.71M | 18.05M | 11.92M | 10.55M | 4.56M | 8.73M | 7.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 223.92M | 37.75M | 32.57M | 75.08M | 87.15M | 68.62M | 42.53M | 34.03M | 27.97M | 24.52M | 36.31M | 44.45M | 56.39M | 73.09M | 100.28M | 121.58M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 146.82M | 196.15M | 327.76M | 52.06M | 151.16M | 187.22M | 136.05M | 121.02M | 78.81M | 87.43M | 102.64M | 70.85M | 106.19M | 101.37M | 38.79M | 57.64M | 49.25M | 67.61M | 35.44M | 27.83M | 52.38M | 43.29M | 34.48M | 36.27M | 21.66M | 21.50M | 32.70M | 25.90M | 17.90M | 24.70M | 108.20M | 15.60M | 10.70M | 14.00M | 9.50M |
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WesBanco, Inc. (WSBC) Q4 2024 Earnings Call Transcript
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Jan 23, 2025
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