For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Loans, including fees | 1,097,203 | - | ||
| Taxable | 116,342 | - | ||
| Tax-exempt | 18,702 | - | ||
| Total interest and dividends on securities | 135,044 | - | ||
| Other interest income | 39,693 | - | ||
| Total interest and dividend income | 1,271,940 | - | ||
| Interest bearing demand deposits | 120,953 | - | ||
| Money market deposits | 131,839 | - | ||
| Savings deposits | 35,176 | - | ||
| Certificates of deposit | 87,788 | - | ||
| Total interest expense on deposits | 375,756 | - | ||
| Federal home loan bank borrowings | 58,434 | - | ||
| Other short-term borrowings | 3,433 | - | ||
| Subordinated debt and junior subordinated debt | 20,017 | - | ||
| Total interest expense | 457,640 | - | ||
| Net interest income | 814,300 | - | ||
| Provision for credit losses | 77,242 | - | ||
| Net interest income after provision for credit losses | 737,058 | - | ||
| Trust fees | 37,087 | - | ||
| Service charges on deposits | 41,392 | - | ||
| Digital banking income | 26,475 | - | ||
| Net swap fee and valuation income | 8,896 | - | ||
| Net securities brokerage revenue | 11,846 | - | ||
| Bank-owned life insurance | 15,101 | - | ||
| Mortgage banking income | 6,194 | - | ||
| Net securities gains | 3,379 | - | ||
| Net (losses)/gains on other real estate owned and other assets | -424 | - | ||
| Other income | 16,809 | - | ||
| Total non-interest income | 166,755 | - | ||
| Total income | - | 640,826 | ||
| Salaries and wages | 230,977 | 177,516 | ||
| Merger-related and restructuring | - | 6,400 | ||
| Employee benefits | 67,015 | 46,141 | ||
| Net occupancy | 33,237 | 25,157 | ||
| Equipment and software | 62,612 | 82,606 | ||
| Marketing | 9,861 | 9,764 | ||
| Taxes, miscellaneous | - | 12,986 | ||
| General and administrative expense | - | 6,538 | ||
| Telecommunications | - | 4,718 | ||
| Fdic insurance | 20,897 | 14,215 | ||
| Supplies expense | - | 6,020 | ||
| Corporate overhead expenses | - | 5,779 | ||
| Amortization of intangible assets | 29,070 | 16,502 | ||
| Restructuring and merger-related expense | 75,933 | - | ||
| Franchise and other miscellaneous taxes | 19,151 | - | ||
| Segment reporting, other segment item, amount | - | 18,063 | ||
| Professional fees | 26,047 | 19,020 | ||
| Card processing expenses | 6,924 | - | ||
| Communications | 5,917 | - | ||
| Other real estate owned and foreclosure expenses | 434 | - | ||
| Postage, supplies and other | 36,500 | - | ||
| Other operating expenses | 94,973 | - | ||
| Total non-interest expense | 624,575 | - | ||
| Income before provision for income taxes | 279,238 | 185,114 | ||
| Provision for income taxes | 56,133 | 33,604 | ||
| Net income | 223,105 | 151,510 | ||
| Preferred stock dividends | 20,541 | 10,125 | ||
| Net income available to common shareholders | 202,564 | 141,385 | ||
| Basic EPS | 2.23 | 2.26 | ||
| Diluted EPS | 2.23 | 2.26 | ||
| Basic Average Shares | 90,896,991 | 62,589,406 | ||
| Diluted Average Shares | 91,034,094 | 62,653,557 | ||
WESBANCO INC (WSBC)
WESBANCO INC (WSBC)