WesBanco

In the simplest terms, WesBanco, Inc. is a multi-state, bank holding company headquartered in Wheeling, West Virginia. But that really doesn’t say much about who we are. Over the past decade, we have built a national reputation as a safe, sound and profitable bank holding company that always strives to do better by its customers. We’ve always maintained our community bank orientation – because we’ve never forgotten who’s money we’re holding. We merge technology with people to support our commitment to personal customer service. That’s why WesBanco is, by all accounts, the smarter, faster and better bank for you. WesBanco, Inc. is a multi-state bank holding company with total assets of approximately $8.4 billion operating through 142 branch locations and 130 ATMs in West Virginia, Ohio and Pennsylvania. WesBanco's banking subsidiary is WesBanco Bank, Inc., headquartered in Wheeling, West Virginia. WesBanco also operates an insurance brokerage company, WesBanco Insurance Services Inc., and a full-service broker/dealer, WesBanco Securities, Inc.
Company Growth (employees)
Type
Public
HQ
Wheeling, US
Founded
1870
Size (employees)
1,928 (est)
WesBanco was founded in 1870 and is headquartered in Wheeling, US

WesBanco Office Locations

WesBanco has an office in Wheeling
Wheeling, US (HQ)
1 Bank PLZ

WesBanco Data and Metrics

WesBanco Financial Metrics

WesBanco's revenue was reported to be $286.1 m in FY, 2016
USD

Net income (Q1, 2017)

25.9 m

EBIT (Q1, 2017)

70.7 m

Market capitalization (17-Aug-2017)

1.6 b
WesBanco's current market capitalization is $1.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

217.9 m216 m261.7 m286.1 m

Revenue growth, %

(1%)21%9%

Cost of goods sold

32.8 m

Gross profit

253.3 m

Gross profit Margin, %

89%

Sales and marketing expense

5.4 m

Operating expense total

37.3 m208.7 m

EBIT

84.7 m93.7 m(600 k)253.3 m

EBIT margin, %

39%43%(0%)89%

Pre tax profit

117.7 m

Income tax expense

31 m

Net Income

63.9 m70 m80.8 m86.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cost of goods sold

5.7 m5.7 m5.4 m5.9 m6.3 m7.8 m7.8 m8.1 m9.2 m

Sales and marketing expense

1.7 m1.3 m965 k1.7 m1.5 m973 k1.6 m1.3 m824 k

Operating expense total

1.7 m1.3 m965 k1.7 m1.5 m973 k1.6 m1.3 m824 k

EBIT

48.3 m48.6 m55 m60.8 m60.6 m59.8 m59.8 m62 m70.7 m

Pre tax profit

25.4 m24.5 m18.4 m29.6 m30 m31.6 m30.2 m23.2 m36.5 m

Income tax expense

6.5 m6.4 m4.5 m8 m7.8 m8.7 m8.1 m5.8 m10.6 m

Net Income

18.9 m18.2 m13.9 m21.6 m22.2 m22.9 m22.1 m17.4 m25.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Accounts Receivable

19 m18.5 m25.8 m28.3 m

PP&E

93.2 m93.1 m112.2 m133.3 m

Total Assets

6.1 b6.3 b8.5 b9.8 b

Accounts Payable

2.4 m1.6 m1.7 m7 b

Total Debt

968.9 m

Total Liabilities

8.4 b

Additional Paid-in Capital

245 m244.7 m516.3 m680.5 m

Retained Earnings

460.4 m504.6 m549.9 m597.1 m

Total Equity

746.6 m788.2 m1.1 b1.3 b

Debt to Equity Ratio

0.7 x

Debt to Assets Ratio

0.1 x

Financial Leverage

8.2 x8 x7.5 x7.3 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

PP&E

92.1 m92.1 m110.9 m111.7 m111.7 m110.5 m110.6 m138.7 m134.9 m

Total Assets

6.3 b6.3 b8.2 b8.4 b8.5 b8.6 b8.4 b9.8 b9.8 b

Accounts Payable

5.1 b5.1 b6.4 b6.3 b6.2 b6.1 b5.9 b7.1 b7.1 b

Additional Paid-in Capital

244 m244.4 m520.6 m517 m515.8 m516.3 m515.2 m678 m681.5 m

Retained Earnings

482.8 m494.5 m509.6 m522.4 m535.8 m563.6 m576.5 m583.4 m611.5 m

Total Equity

778.6 m788.8 m1.1 b1.1 b1.1 b1.1 b1.2 b1.3 b1.4 b

Financial Leverage

8.1 x8 x7.5 x7.7 x7.6 x7.5 x7.2 x7.3 x7.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

63.9 m70 m80.8 m86.6 m

Depreciation and Amortization

3.1 m3.6 m

Cash From Operating Activities

111.5 m94.8 m88.6 m123.7 m

Cash From Investing Activities

(164.5 m)(173 m)(210.6 m)

Cash From Financing Activities

23 m76.6 m114.6 m(276.2 m)

Income Taxes Paid

18.1 m11.7 m15.9 m22.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

18.9 m18.2 m13.9 m21.6 m22.2 m22.9 m22.1 m17.4 m25.9 m

Depreciation and Amortization

482 k477 k566 k944 k815 k730 k697 k837 k1.3 m

Cash From Operating Activities

41.4 m70.2 m36.1 m34.5 m58.6 m40.3 m59.9 m89.2 m47.5 m

Cash From Investing Activities

(130.5 m)(161.8 m)41.4 m(84.5 m)(173.5 m)(17.1 m)(40.4 m)

Cash From Financing Activities

88 m72.5 m(78.5 m)64.7 m113.9 m58.1 m(145.4 m)(259.2 m)(20.2 m)

Income Taxes Paid

7.9 m12.3 m100 k5.1 m9.7 m1.1 m14.5 m17.9 m250 k
Y, 2017

Financial Leverage

7.2 x

WesBanco Market Value History

Traffic Overview of WesBanco

WesBanco Online and Social Media Presence

WesBanco Company Life and Culture

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