1 EXHIBIT 11 Wesbanco, Inc. Computation of Earnings Per Share (Dollar Amounts in Thousands) The calculation of net income per common share follows: For the years ended December 31, ----------------------------------- 1995 1994 1993 ---- ---- ---- PRIMARY: Net Income $ 18,189 $ 15,697 $ 17,842 Less: Preferred Dividends and discount accretion 164 183 184 ------------------------------------ Net income applicable to common stock $ 18,025 $ 15,514 $ 17,658 ==================================== Average common share outstanding 8,470,328 8,590,878 8,689,499 Net income per common share $ 2.13 $ 1.81 $ 2.04 ============================================================================= ASSUMING FULL DILUTION: * Net income $ 18,189 $ 15,697 $ 17,842 Pro forma fully diluted average common shares outstanding 8,564,864 8,704,321 8,803,799 Pro forma fully diluted net income per share $ 2.12 $ 1.80 $ 2.03 * Assumes conversion of redeemable preferred stock as if issuance had occurred at the beginning of the reportable period. 22