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WesBanco Inc
F:WEY

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WesBanco Inc
F:WEY
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Price: 36 EUR 1.12% Market Closed
Market Cap: €2.1B

WesBanco Inc
Investor Relations

WesBanco is a bank holding company that serves individuals, small businesses, and commercial customers through community banking. It takes deposits, makes loans, and offers everyday banking products such as checking and savings accounts, mortgages, auto loans, and business credit. Its core income comes from the spread between what it earns on loans and what it pays on deposits, along with service fees. The company also sells related financial services, including wealth management, insurance, and treasury or cash-management tools for businesses. These services help customers manage savings, borrow for homes or equipment, protect against risk, and handle day-to-day finances. For many customers, WesBanco acts as a one-stop local financial partner rather than just a lender. What makes its business model distinct is that it combines traditional branch banking with fee-based services tied to long-term customer relationships. That gives it a mix of interest income and recurring service revenue, and it serves markets where local knowledge, personal relationships, and small-business lending matter more than scale alone.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Jul 22, 2026
AI Summary
Q2 2026

Momentum: WesBanco said the quarter was defined by broad momentum, with strong loan growth, record commercial pipeline, and positive operating leverage across the franchise.

Earnings: The bank reported $89 million of net income available to common shareholders excluding merger and restructuring charges, or $0.92 per diluted share.

Loan growth: Total loans rose 3.5% year over year and 8.3% annualized sequentially, helped by record production and a commercial pipeline that reached $2.3 billion.

Margin: Management expects net interest margin to stay around 3.60% for the rest of 2026, supported by repricing but offset by heavier funding needs.

Capital: CET1 was 10.7%, and the company repurchased about 300,000 shares in the quarter, but buybacks should be muted while loan growth absorbs capital.

Expansion: Florida remained a major strategic focus, with early traction in South Florida already contributing about 10% of the commercial pipeline and management calling the franchise a potential $2 billion bank.

Credit: Credit remained manageable, though criticized and classified loans ticked up for timing reasons; management said three NPLs should be resolved by late third quarter or early fourth quarter.

Key Financials
Net income available to common shareholders
$88 million
Net income available to common shareholders
$89 million
Diluted earnings per share
$0.91
Diluted earnings per share
$0.92
Year-to-date earnings per share
$1.83
Year-to-date pre-tax pre-provision earnings
$242 million
Return on average assets
1.3%
Return on tangible common equity
17.3%
Efficiency ratio
51%
CET1 ratio
10.7%
Shares repurchased
300,000 shares
Total loans
$19.5 billion
Commercial loan production
nearly $2.5 billion
Commercial pipeline
$2.3 billion
CRE payoffs
approximately $345 million
Deposits
$21.6 billion
Sequential deposit change
down $75 million
Charge-offs
2 basis points
Allowance for credit losses
1.12% of total loans, or $218 million
Net interest margin
3.63%
Deposit funding costs
178 basis points
Noninterest income
$54 million
Gross swap fees
$2.8 million
Noninterest expense
$148 million
Quarterly expense run rate
$153 million
Total assets
$27.8 billion
Deposits related to branch closures
down $75 million sequentially
Trust and securities brokerage assets
nearly $11 billion
Tangible book value per share
$23 a share
Other Earnings Calls

Management

Mr. Jeffrey H. Jackson
President, CEO & Director
No Bio Available
Mr. Daniel K. Weiss Jr.
Senior Executive VP & CFO
No Bio Available
Mr. Anthony F. Pietranton
Senior Executive VP and Group Head of Human Resources & Facilities (Leave of Absence)
No Bio Available
Mr. Jayson M. Zatta
Senior EVP, Chief Banking Officer and Group Head of Banking & Trust
No Bio Available
Mr. Richard J. Hunt Jr.
Executive VP & Director of Commercial & Industrial Banking
No Bio Available
Mr. Robert H. Friend
Executive VP & Chief Credit Officer
No Bio Available
Mr. Scott Alan Love CIMA
Executive Vice President of Wealth Management
No Bio Available
Mr. Charles J. Chiatto
President of western Pennsylvania market & Senior Commercial Banker
No Bio Available
Mr. Brent E. Richmond
Executive Vice President of Treasury & Strategic Planning
No Bio Available
Ms. Linda M. Woodfin
Secretary
No Bio Available

Contacts

Address
WEST VIRGINIA
Wheeling
1 Bank Plz
Contacts
+13042349000.0
www.wesbanco.com
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