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
Website
CEO
Todd F. Clossin
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
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
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
15 Mar 23
DEF 14A
Definitive proxy
15 Mar 23
S-3ASR
Automatic shelf registration
27 Feb 23
10-K
2022 FY
Annual report
27 Feb 23
8-K
Regulation FD Disclosure
15 Feb 23
8-K
WesBanco Announces Fourth Quarter 2022 Financial Results
24 Jan 23
8-K
WesBanco, Inc. to Host 2022 Fourth Quarter Earnings Conference Call and Webcast on Wednesday, January 25
5 Jan 23
8-K
WesBanco Declares Increase in Quarterly Cash Dividend to Its Shareholders
21 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Regulation FD Disclosure
2 Nov 22
Transcripts
WSBC
Earnings call transcript
2022 Q4
25 Jan 23
WSBC
Earnings call transcript
2022 Q3
26 Oct 22
WSBC
Earnings call transcript
2022 Q2
27 Jul 22
WSBC
Earnings call transcript
2022 Q1
27 Apr 22
WSBC
Earnings call transcript
2021 Q4
26 Jan 22
WSBC
Earnings call transcript
2021 Q3
27 Oct 21
WSBC
Earnings call transcript
2021 Q2
29 Jul 21
WSBC
Earnings call transcript
2021 Q1
2 May 21
WSBC
Earnings call transcript
2020 Q4
27 Jan 21
WSBC
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
10 Mar 23
4
BRENT E RICHMOND
28 Feb 23
4
Todd Clossin
28 Feb 23
4
Jonathan D Dargusch
28 Feb 23
4
Stephen J Lawrence
28 Feb 23
4
Michael L Perkins
28 Feb 23
4
Anthony F Pietranton
28 Feb 23
4
Jayson M Zatta
28 Feb 23
4
Denise H Knouse-Snyder
23 Feb 23
5
JAMES W CORNELSEN
13 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 408.41 mm | 408.41 mm | 408.41 mm | 408.41 mm | 408.41 mm | 408.41 mm |
| Cash burn (monthly) | (no burn) | 70.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 205.67 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 202.74 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 2.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 215 |
| Opened positions | 31 |
| Closed positions | 13 |
| Increased positions | 67 |
| Reduced positions | 70 |
| 13F shares | Current |
|---|---|
| Total value | 1.22 tn |
| Total shares | 35.05 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 5.88 mm | $217.54 bn |
| BLK Blackrock | 5.42 mm | $200.59 bn |
| Dimensional Fund Advisors | 4.61 mm | $170.11 bn |
| MCQEF Macquarie | 1.82 mm | $67.46 bn |
| STT State Street | 1.76 mm | $65.51 bn |
| Wesbanco Bank | 1.75 mm | $64.76 mm |
| Geode Capital Management | 1.12 mm | $41.37 bn |
| BAC Bank Of America | 1.05 mm | $38.96 bn |
| Earnest Partners | 812.71 k | $30.05 bn |
| NTRS Northern Trust | 765.27 k | $28.30 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 Feb 23 | Zatta Jayson M | Common Stock | Grant | Acquire A | No | No | 0 | 413 | 0.00 | 55,047.092 |
| 28 Feb 23 | Pietranton Anthony F | Common Stock | Grant | Acquire A | No | No | 0 | 275 | 0.00 | 36,071.055 |
| 28 Feb 23 | Perkins Michael L | Common Stock | Grant | Acquire A | No | No | 0 | 277 | 0.00 | 34,698.535 |
| 28 Feb 23 | Lawrence Stephen J | Common Stock | Grant | Acquire A | No | No | 0 | 166 | 0.00 | 22,014.524 |
| 28 Feb 23 | Dargusch Jonathan D | Common Stock | Grant | Acquire A | No | No | 0 | 282 | 0.00 | 26,120.703 |
Press releases
WesBanco Declares Quarterly Cash Dividend Upon Its Perpetual Preferred Stock
15 Mar 23
WesBanco Again Named One of America's Best Employers by Forbes
2 Mar 23
WesBanco Again Named One of America's Best Banks by Forbes
1 Mar 23
WesBanco CEO, COO, and CFO to Participate in the 2023 RBC Capital Markets Global Financial Institutions Conference
27 Feb 23
WesBanco Declares Quarterly Cash Dividend to Its Shareholders
23 Feb 23