For the quarter ending 2025-09-30, WSBC made $670,108,000 in revenue. $81,042,000 in net income. Net profit margin of 12.09%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-12-31 | |
|---|---|---|---|---|
| Loans, including fees | 295,482,000 | 290,104,000 | - | |
| Taxable | 31,483,000 | 31,066,000 | - | |
| Tax-exempt | 4,692,000 | 4,616,000 | - | |
| Total interest and dividends on securities | 36,175,000 | 35,682,000 | - | |
| Other interest income | 11,229,000 | 10,596,000 | - | |
| Total interest and dividend income | 342,886,000 | 336,382,000 | - | |
| Interest bearing demand deposits | 31,351,000 | 30,405,000 | - | |
| Money market deposits | 38,249,000 | 36,287,000 | - | |
| Savings deposits | 9,577,000 | 8,670,000 | - | |
| Certificates of deposit | 23,554,000 | 21,442,000 | - | |
| Total interest expense on deposits | 102,731,000 | 96,804,000 | - | |
| Federal home loan bank borrowings | 17,337,000 | 16,683,000 | - | |
| Other short-term borrowings | 766,000 | 816,000 | - | |
| Subordinated debt and junior subordinated debt | 5,336,000 | 5,310,000 | - | |
| Total interest expense | 126,170,000 | 119,613,000 | - | |
| Net interest income | 216,716,000 | 216,769,000 | - | |
| Provision for credit losses | 2,082,000 | 3,218,000 | - | |
| Net interest income after provision for credit losses | 214,634,000 | 213,551,000 | - | |
| Trust fees | 8,987,000 | 9,657,000 | - | |
| Service charges on deposits | 11,163,000 | 10,484,000 | - | |
| Digital banking income | 7,324,000 | 7,325,000 | - | |
| Net swap fee and valuation income | 3,231,000 | 746,000 | - | |
| Net securities brokerage revenue | 2,961,000 | 3,348,000 | - | |
| Bank-owned life insurance | 3,765,000 | 3,450,000 | - | |
| Mortgage banking income | 1,898,000 | 2,364,000 | - | |
| Net securities gains | 1,210,000 | 1,410,000 | - | |
| Net gain (loss) on other real estate owned and other assets | 329,000 | 111,000 | - | |
| Other income | 3,996,000 | 5,062,000 | - | |
| Total non-interest income | 44,864,000 | 43,957,000 | - | |
| Total income | - | - | 160,206,500 | |
| Salaries and wages | 60,583,000 | 60,153,000 | 44,379,000 | |
| Merger-related and restructuring | - | - | 1,600,000 | |
| Employee benefits | 18,040,000 | 18,857,000 | 11,535,250 | |
| Taxes, miscellaneous | - | - | 3,246,500 | |
| Supplies expense | - | - | 1,505,000 | |
| Segment reporting, other segment item, amount | - | - | 4,515,750 | |
| Professional services | - | - | 4,755,000 | |
| Net occupancy | 8,819,000 | 8,119,000 | 6,289,250 | |
| Equipment and software | 16,310,000 | 17,140,000 | 20,651,500 | |
| Marketing | 2,979,000 | 1,864,000 | 2,441,000 | |
| General and administrative expense | - | - | 1,634,500 | |
| Telecommunications | - | - | 1,179,500 | |
| Fdic insurance | 5,820,000 | 5,479,000 | 3,553,750 | |
| Corporate overhead expenses | - | - | 1,444,750 | |
| Amortization of intangible assets | 8,425,000 | 9,204,000 | 4,125,500 | |
| Restructuring and merger-related expense | 11,383,000 | 41,056,000 | - | |
| Other operating expenses | 23,829,000 | 24,663,000 | - | |
| Total non-interest expense | 156,188,000 | 186,535,000 | - | |
| Income before provision for income taxes | 103,310,000 | 70,973,000 | 46,278,500 | |
| Provision for income taxes | 19,737,000 | 13,558,000 | 8,401,000 | |
| Net income | 83,573,000 | 57,415,000 | 37,877,500 | |
| Preferred stock dividends | 2,531,000 | 2,531,000 | 2,531,250 | |
| Net income available to common shareholders | 81,042,000 | 54,884,000 | 35,346,250 | |
| Earnings per share, basic | 0.84 | 0.57 | 0.565 | |
| Earnings per share, diluted | 0.84 | 0.57 | 0.565 | |
| Weighted average number of shares outstanding, basic | 95,995,174 | 95,744,980 | 15,647,351.5 | |
| Weighted average number of shares outstanding, diluted | 96,116,617 | 95,808,310 | 15,663,389.25 | |
WESBANCO INC (WSBC)
WESBANCO INC (WSBC)