OverviewSuggest Edit

WesBanco, Inc. is a bank holding company that offers a full range of financial services including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. The Company offers these services through two segments, community banking and trust and investment services. WesBanco’s community banking segment offers services traditionally offered by full-service commercial banks, including commercial demand, individual demand, and time deposit accounts, as well as commercial, mortgage and individual installment loans, and certain non-traditional offerings, such as insurance and securities brokerage services. The trust and investment services segment offers trust services as well as various alternative investment products including mutual funds.

TypePublic
Founded1870
HQWheeling, WV, US
Websitewesbanco.com
Employee Ratings3.7
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2018)2,388(+24%)
Revenue (FY, 2019)$116.7 M(+17%)
Share Price (Feb 2021)$31.1
Cybersecurity ratingBMore

Key People/Management at WesBanco

Robert Becerra

Robert Becerra

VP & Senior Investment Officer
Todd F. Clossin

Todd F. Clossin

President & Chief Executive Officer and Director
Steve Kellas

Steve Kellas

SVP Fixed Income
Thomas C. Farnsworth

Thomas C. Farnsworth

VP & Senior Investment Officer
Lisa Stavsky

Lisa Stavsky

SVP, Managing Director
Ivan L. Burdine

Ivan L. Burdine

Executive Vice President – Chief Credit Officer
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WesBanco Office Locations

WesBanco has an office in Wheeling
Wheeling, WV, US (HQ)
1 Bank Plaza
Show all (1)

WesBanco Financials and Metrics

WesBanco Revenue

WesBanco's revenue was reported to be $116.72 m in FY, 2019
USD

Revenue (Q3, 2020)

34.6m

Net income (Q3, 2020)

41.3m

Market capitalization (5-Feb-2021)

2.1b

Closing stock price (5-Feb-2021)

31.1

Cash (30-Sept-2020)

760.3m

EV

2.7b
WesBanco's current market capitalization is $2.1 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

59.9m252.7m69.3m68.5m74.5m81.5m88.8m100.3m116.7m

Revenue growth, %

(1%)21%9%

Sales and marketing expense

5.1m4.2m5.2m5.2m5.6m5.4m5.7m5.4m6.1m

Operating expense total

39.1m13.7m42.5m42.4m44.5m46.4m51.1m56.1m68.7m
Quarterly
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

43.8m49.5m63.9m70.0m80.8m86.6m94.5m143.1m158.9m

Depreciation and Amortization

6.2m6.1m7.0m9.1m14.6m18.0m19.3m14.4m12.6m

Cash From Operating Activities

108.7m76.8m111.5m94.8m88.6m123.7m141.6m191.6m163.4m

Purchases of PP&E

(2.5m)(6.0m)(8.8m)(7.4m)(9.6m)(2.1m)(6.0m)(4.7m)(12.2m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

22.2m33.2m12.0m24.0m36.9m16.0m33.0m

Depreciation and Amortization

1.2m1.8m537.0k1.1m1.6m625.0k1.2m

Cash From Operating Activities

58.7m78.9m20.6m46.3m64.0m31.3m66.0m91.6m24.0m41.4m70.2m36.1m34.5m58.6m40.3m59.9m89.2m47.5m56.5m93.5m32.4m66.9m122.4m51.2m76.4m148.1m32.9m89.4m20.6m

Purchases of PP&E

(1.3m)(1.9m)(916.0k)(1.5m)(2.5m)(1.2m)(4.0m)(6.6m)(1.5m)(2.7m)(4.4m)(2.0m)(4.8m)(6.9m)(526.0k)(2.8m)(3.9m)(2.3m)(4.9m)(6.2m)(328.0k)(845.0k)(2.4m)(2.2m)(6.1m)(8.3m)(2.9m)(4.9m)(6.0m)
USDQ2, 2011

Financial Leverage

8.7 x
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WesBanco Operating Metrics

WesBanco's Total Loans was reported to be $6.4b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

ATMs

107 129 163

Bank Branches

120 141 174

Non-performing Loans

$50.88 m$58.70 m$61.16 m$53.32 m$44.93 m$43.41 m$41.43 m$39.26 m$39.43 m$46.52 m$43.08 m

Total Loans

$4.09 b$4.88 b$4.94 b$4.96 b$5.07 b$5.14 b$5.18 b$6.26 b$6.27 b$6.32 b$6.41 b
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WesBanco Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

WesBanco Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

WesBanco Online and Social Media Presence

Embed Graph

WesBanco Company Culture

  • Overall Culture

    C-

    67/100

  • CEO Rating

    A-

    80/100

  • Compensation

    C

    67/100

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WesBanco News and Updates

WesBanco Again Ranked by Forbes as One of the Best Banks in America

WHEELING, W.V., Feb. 5, 2021 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has again been named to Forbes magazine's list of the Best Banks in America. The 2021 ranking is WesBanco's eleventh...

WesBanco Announces Initiatives to Assist Customers and Communities Affected by COVID-19

WHEELING, W.Va., March 18, 2020 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has launched a number of initiatives and precautionary measures intended to mitigate the impact of the COVID-19...

WesBanco Declares Increase in Quarterly Cash Dividend to Its Shareholders

WHEELING, W.Va., Feb. 27, 2020 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company announced today that its Board of Directors has approved a 3.2% increase in the quarterly cash dividend to $0.32 per common share from the previous quarterly...

WesBanco, Inc. Announces Approval of a New Stock Repurchase Program

WHEELING, W.V., Dec. 19, 2019 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced that the Board of Directors has authorized the adoption of a new stock repurchase plan for the purchase of up to an additional 1.7 million...

WesBanco Announces Seventh Consecutive Outstanding Community Reinvestment Act Rating

WHEELING, W.Va., Dec. 19, 2019 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced that its affiliate, WesBanco Bank, Inc., was awarded a composite "Outstanding" rating by the Federal Deposit Insurance Corporation (FDIC) for its...

WesBanco, Inc. and Old Line Bancshares, Inc. Announce Regulatory Approvals for Pending Merger

WHEELING, W.Va., Nov. 14, 2019 (GLOBE NEWSWIRE) -- WesBanco, Inc. (“WesBanco”) (Nasdaq:WSBC), a diversified, multi-state bank holding company to WesBanco Bank, Inc., and Old Line Bancshares, Inc. (“Old Line”) (Nasdaq:OLBK), the parent company of Old Line Bank, a Maryland-chartered trust company wi…
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WesBanco Frequently Asked Questions

  • When was WesBanco founded?

    WesBanco was founded in 1870.

  • Who are WesBanco key executives?

    WesBanco's key executives are Robert Becerra, Todd F. Clossin and Steve Kellas.

  • How many employees does WesBanco have?

    WesBanco has 2,388 employees.

  • What is WesBanco revenue?

    Latest WesBanco annual revenue is $116.7 m.

  • What is WesBanco revenue per employee?

    Latest WesBanco revenue per employee is $48.9 k.

  • Who are WesBanco competitors?

    Competitors of WesBanco include Ally Financial, Umpqua Holdings and Fulton Financial.

  • Where is WesBanco headquarters?

    WesBanco headquarters is located at 1 Bank Plaza, Wheeling.

  • Where are WesBanco offices?

    WesBanco has an office in Wheeling.

  • How many offices does WesBanco have?

    WesBanco has 1 office.