Annual Income Statements for WesBanco
This table shows WesBanco's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for WesBanco
This table shows WesBanco's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
51 |
50 |
40 |
42 |
34 |
32 |
33 |
26 |
35 |
47 |
-12 |
Consolidated Net Income / (Loss) |
|
53 |
52 |
42 |
45 |
37 |
35 |
36 |
29 |
37 |
50 |
-8.99 |
Net Income / (Loss) Continuing Operations |
|
53 |
52 |
42 |
45 |
37 |
35 |
36 |
29 |
37 |
50 |
-8.99 |
Total Pre-Tax Income |
|
65 |
64 |
52 |
54 |
44 |
44 |
43 |
35 |
45 |
62 |
-9.67 |
Total Revenue |
|
157 |
158 |
152 |
153 |
149 |
148 |
145 |
148 |
151 |
163 |
193 |
Net Interest Income / (Expense) |
|
125 |
130 |
124 |
122 |
118 |
118 |
114 |
117 |
121 |
127 |
159 |
Total Interest Income |
|
134 |
149 |
161 |
176 |
184 |
191 |
195 |
203 |
214 |
214 |
253 |
Loans and Leases Interest Income |
|
110 |
123 |
133 |
146 |
155 |
162 |
167 |
175 |
184 |
183 |
218 |
Investment Securities Interest Income |
|
22 |
24 |
24 |
23 |
23 |
22 |
22 |
21 |
22 |
23 |
27 |
Other Interest Income |
|
2.11 |
2.11 |
3.27 |
7.11 |
5.62 |
6.38 |
6.37 |
6.15 |
7.37 |
7.31 |
8.05 |
Total Interest Expense |
|
9.62 |
19 |
36 |
54 |
66 |
74 |
81 |
86 |
93 |
87 |
95 |
Deposits Interest Expense |
|
5.95 |
12 |
21 |
33 |
44 |
54 |
60 |
65 |
70 |
70 |
76 |
Short-Term Borrowings Interest Expense |
|
0.15 |
0.33 |
0.42 |
0.49 |
0.75 |
0.89 |
0.67 |
0.90 |
1.09 |
1.29 |
1.12 |
Long-Term Debt Interest Expense |
|
3.52 |
6.37 |
15 |
21 |
21 |
19 |
21 |
20 |
21 |
16 |
17 |
Total Non-Interest Income |
|
32 |
28 |
28 |
32 |
31 |
30 |
31 |
31 |
30 |
36 |
35 |
Trust Fees by Commissions |
|
9.01 |
9.23 |
10 |
9.44 |
9.10 |
9.58 |
11 |
9.90 |
10 |
10 |
11 |
Other Service Charges |
|
19 |
18 |
15 |
18 |
20 |
16 |
17 |
18 |
17 |
23 |
20 |
Net Realized & Unrealized Capital Gains on Investments |
|
2.70 |
-0.05 |
0.38 |
1.08 |
-0.37 |
1.33 |
0.69 |
0.17 |
0.44 |
0.25 |
-0.36 |
Other Non-Interest Income |
|
2.00 |
0.54 |
1.96 |
3.19 |
2.40 |
3.46 |
2.07 |
2.79 |
2.17 |
2.51 |
3.43 |
Provision for Credit Losses |
|
-0.54 |
3.12 |
3.58 |
3.03 |
6.33 |
4.80 |
4.01 |
11 |
4.80 |
-0.15 |
69 |
Total Non-Interest Expense |
|
92 |
90 |
96 |
96 |
98 |
100 |
97 |
102 |
101 |
101 |
134 |
Salaries and Employee Benefits |
|
55 |
52 |
54 |
56 |
57 |
57 |
55 |
55 |
56 |
57 |
62 |
Net Occupancy & Equipment Expense |
|
15 |
15 |
16 |
15 |
15 |
16 |
17 |
17 |
16 |
17 |
21 |
Marketing Expense |
|
2.38 |
1.79 |
2.33 |
2.76 |
3.12 |
2.98 |
1.89 |
2.37 |
2.98 |
2.53 |
2.38 |
Other Operating Expenses |
|
17 |
19 |
19 |
20 |
19 |
22 |
21 |
23 |
21 |
22 |
25 |
Amortization Expense |
|
2.56 |
2.54 |
2.30 |
2.28 |
2.26 |
2.24 |
2.09 |
2.07 |
2.05 |
2.03 |
4.22 |
Restructuring Charge |
|
0.07 |
0.01 |
3.15 |
0.04 |
0.64 |
0.00 |
0.00 |
3.78 |
1.98 |
0.65 |
20 |
Income Tax Expense |
|
12 |
12 |
9.94 |
9.06 |
7.45 |
8.56 |
7.70 |
6.10 |
7.50 |
12 |
-0.67 |
Preferred Stock Dividends Declared |
|
2.53 |
2.53 |
2.53 |
2.53 |
2.53 |
2.53 |
2.53 |
2.53 |
2.53 |
2.53 |
2.53 |
Basic Earnings per Share |
|
$0.85 |
$0.83 |
$0.67 |
$0.71 |
$0.58 |
$0.55 |
$0.56 |
$0.44 |
$0.54 |
$0.72 |
($0.15) |
Weighted Average Basic Shares Outstanding |
|
59.55M |
60.05M |
59.22M |
59.26M |
59.36M |
59.30M |
59.38M |
59.52M |
64.49M |
62.59M |
76.83M |
Diluted Earnings per Share |
|
$0.85 |
$0.82 |
$0.67 |
$0.71 |
$0.58 |
$0.55 |
$0.56 |
$0.44 |
$0.54 |
$0.72 |
($0.15) |
Weighted Average Diluted Shares Outstanding |
|
59.70M |
60.22M |
59.38M |
59.39M |
59.44M |
59.43M |
59.52M |
59.66M |
64.63M |
62.65M |
77.02M |
Weighted Average Basic & Diluted Shares Outstanding |
|
59.16M |
59.20M |
59.25M |
59.36M |
59.37M |
59.38M |
59.42M |
59.59M |
66.87M |
66.94M |
95.67M |
Cash Dividends to Common per Share |
|
$0.34 |
$0.35 |
$0.35 |
$0.35 |
$0.35 |
$0.36 |
$0.36 |
$0.36 |
$0.36 |
$0.37 |
$0.37 |
Annual Cash Flow Statements for WesBanco
This table details how cash moves in and out of WesBanco's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-1.55 |
-7.32 |
41 |
-11 |
52 |
66 |
671 |
346 |
-843 |
187 |
-27 |
Net Cash From Operating Activities |
|
95 |
88 |
123 |
142 |
192 |
163 |
60 |
336 |
204 |
169 |
211 |
Net Cash From Continuing Operating Activities |
|
95 |
88 |
123 |
142 |
192 |
63 |
60 |
336 |
204 |
169 |
211 |
Net Income / (Loss) Continuing Operations |
|
70 |
81 |
87 |
94 |
143 |
159 |
122 |
242 |
192 |
159 |
152 |
Consolidated Net Income / (Loss) |
|
70 |
81 |
87 |
94 |
143 |
159 |
122 |
242 |
192 |
159 |
152 |
Provision For Loan Losses |
|
6.41 |
8.35 |
8.48 |
9.99 |
7.76 |
11 |
108 |
-64 |
-1.66 |
18 |
19 |
Depreciation Expense |
|
9.13 |
15 |
18 |
19 |
10 |
12 |
14 |
13 |
13 |
14 |
15 |
Amortization Expense |
|
- |
- |
- |
- |
3.93 |
1.00 |
-9.89 |
-11 |
8.89 |
14 |
11 |
Non-Cash Adjustments to Reconcile Net Income |
|
0.99 |
-2.77 |
-9.97 |
11 |
8.78 |
-44 |
-160 |
131 |
11 |
-18 |
-12 |
Changes in Operating Assets and Liabilities, net |
|
8.31 |
-13 |
20 |
7.22 |
18 |
-75 |
-14 |
25 |
-19 |
-17 |
26 |
Net Cash From Investing Activities |
|
-173 |
-210 |
195 |
-77 |
-52 |
104 |
58 |
-328 |
-1,068 |
-535 |
-1,030 |
Net Cash From Continuing Investing Activities |
|
-173 |
-210 |
195 |
-77 |
-52 |
104 |
58 |
-328 |
-1,068 |
-535 |
-1,030 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-7.37 |
-9.58 |
-2.06 |
-6.04 |
-4.67 |
-12 |
-7.55 |
-8.54 |
-7.99 |
-23 |
-10 |
Purchase of Investment Securities |
|
-447 |
-1,239 |
-482 |
-409 |
-932 |
-617 |
-1,207 |
-1,273 |
-1,762 |
-940 |
-1,409 |
Sale and/or Maturity of Investments |
|
281 |
1,038 |
679 |
338 |
884 |
733 |
1,273 |
953 |
701 |
427 |
389 |
Net Cash From Financing Activities |
|
77 |
115 |
-276 |
-75 |
-88 |
-202 |
553 |
338 |
21 |
553 |
792 |
Net Cash From Continuing Financing Activities |
|
77 |
115 |
-276 |
-75 |
-88 |
-202 |
553 |
338 |
21 |
553 |
792 |
Net Change in Deposits |
|
-13 |
-234 |
-217 |
4.26 |
-130 |
-200 |
1,435 |
1,140 |
-433 |
39 |
965 |
Issuance of Debt |
|
201 |
942 |
156 |
698 |
726 |
1,035 |
475 |
-100 |
791 |
1,576 |
1,261 |
Issuance of Common Equity |
|
1.92 |
- |
1.71 |
1.04 |
1.58 |
0.07 |
0.06 |
- |
0.00 |
0.00 |
191 |
Repayment of Debt |
|
-68 |
-556 |
-234 |
-701 |
-607 |
-968 |
-1,382 |
-426 |
-130 |
-966 |
-1,528 |
Repurchase of Common Equity |
|
- |
-4.79 |
-3.03 |
- |
-0.43 |
-10 |
-25 |
-180 |
-116 |
-3.51 |
0.08 |
Payment of Dividends |
|
-25 |
-33 |
-38 |
-45 |
-54 |
-67 |
-88 |
-97 |
-91 |
-92 |
-98 |
Cash Interest Paid |
|
25 |
28 |
34 |
43 |
69 |
87 |
75 |
33 |
38 |
224 |
344 |
Cash Income Taxes Paid |
|
12 |
16 |
22 |
23 |
19 |
31 |
37 |
36 |
25 |
36 |
27 |
Quarterly Cash Flow Statements for WesBanco
This table details how cash moves in and out of WesBanco's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
-71 |
30 |
189 |
-35 |
-67 |
100 |
-86 |
-23 |
134 |
-53 |
524 |
Net Cash From Operating Activities |
|
111 |
7.47 |
11 |
47 |
64 |
47 |
65 |
18 |
61 |
67 |
-26 |
Net Cash From Continuing Operating Activities |
|
1.55 |
203 |
0.08 |
0.07 |
0.02 |
169 |
0.05 |
0.11 |
- |
211 |
0.00 |
Net Income / (Loss) Continuing Operations |
|
- |
192 |
0.00 |
- |
- |
159 |
0.00 |
- |
- |
152 |
0.00 |
Non-Cash Adjustments to Reconcile Net Income |
|
- |
9.05 |
0.08 |
0.07 |
0.02 |
-18 |
0.05 |
0.11 |
- |
-12 |
0.00 |
Net Cash From Investing Activities |
|
65 |
-293 |
-92 |
-133 |
-87 |
-223 |
-171 |
-359 |
-233 |
-267 |
360 |
Net Cash From Continuing Investing Activities |
|
65 |
-293 |
-92 |
-133 |
-87 |
-223 |
-171 |
-359 |
-233 |
-267 |
360 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-2.47 |
-2.71 |
-12 |
-4.68 |
-2.67 |
-2.93 |
-2.76 |
0.87 |
-3.84 |
-4.59 |
-4.33 |
Purchase of Investment Securities |
|
-97 |
-424 |
-187 |
-243 |
-187 |
-323 |
-242 |
-435 |
-355 |
-378 |
-821 |
Divestitures |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
200 |
Sale and/or Maturity of Investments |
|
164 |
134 |
107 |
114 |
103 |
103 |
73 |
75 |
126 |
115 |
984 |
Net Cash From Financing Activities |
|
-247 |
315 |
270 |
51 |
-45 |
276 |
21 |
318 |
306 |
147 |
190 |
Net Cash From Continuing Financing Activities |
|
-247 |
315 |
270 |
51 |
-45 |
276 |
21 |
318 |
306 |
147 |
190 |
Net Change in Deposits |
|
-124 |
-313 |
-258 |
-11 |
229 |
79 |
328 |
-64 |
405 |
296 |
287 |
Issuance of Debt |
|
-14 |
657 |
1,280 |
100 |
- |
196 |
800 |
375 |
- |
86 |
900 |
Issuance of Common Equity |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.03 |
Repayment of Debt |
|
-72 |
-2.16 |
-729 |
-11 |
-251 |
25 |
-1,084 |
32 |
-266 |
-210 |
-970 |
Repurchase of Common Equity |
|
-14 |
-4.08 |
0.05 |
-3.67 |
0.02 |
0.09 |
0.01 |
-1.28 |
0.27 |
1.07 |
0.53 |
Payment of Dividends |
|
-23 |
-23 |
-23 |
-23 |
-23 |
-23 |
-24 |
-24 |
-24 |
-26 |
-27 |
Cash Interest Paid |
|
8.28 |
19 |
33 |
53 |
63 |
74 |
77 |
87 |
92 |
89 |
85 |
Cash Income Taxes Paid |
|
6.63 |
3.08 |
0.00 |
24 |
9.55 |
1.81 |
0.00 |
16 |
7.75 |
3.10 |
0.00 |
Annual Balance Sheets for WesBanco
This table presents WesBanco's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
6,297 |
8,470 |
9,791 |
9,816 |
12,459 |
15,720 |
16,426 |
16,927 |
16,932 |
17,712 |
18,684 |
Cash and Due from Banks |
|
94 |
87 |
128 |
118 |
169 |
235 |
905 |
1,251 |
408 |
595 |
568 |
Trading Account Securities |
|
1,511 |
2,422 |
2,316 |
2,285 |
3,147 |
3,258 |
2,722 |
4,018 |
3,789 |
3,406 |
3,412 |
Loans and Leases, Net of Allowance |
|
4,042 |
5,024 |
6,206 |
6,296 |
7,607 |
0.00 |
-0.33 |
9,733 |
-118 |
11,508 |
12,518 |
Loans and Leases |
|
4,087 |
5,066 |
6,249 |
6,341 |
7,656 |
- |
- |
9,733 |
- |
11,638 |
12,656 |
Allowance for Loan and Lease Losses |
|
45 |
42 |
44 |
45 |
49 |
0.00 |
0.33 |
0.27 |
118 |
131 |
139 |
Loans Held for Sale |
|
5.87 |
7.90 |
17 |
20 |
8.99 |
43 |
168 |
- |
8.25 |
16 |
19 |
Premises and Equipment, Net |
|
93 |
112 |
133 |
131 |
167 |
261 |
249 |
229 |
221 |
234 |
219 |
Intangible Assets |
|
320 |
491 |
593 |
589 |
919 |
1,149 |
1,163 |
1,152 |
1,141 |
1,132 |
1,124 |
Other Assets |
|
231 |
326 |
397 |
377 |
441 |
10,774 |
11,217 |
10,238 |
11,364 |
821 |
824 |
Total Liabilities & Shareholders' Equity |
|
6,297 |
8,470 |
9,791 |
9,816 |
12,459 |
15,720 |
16,426 |
16,650 |
16,932 |
17,712 |
18,684 |
Total Liabilities |
|
5,508 |
7,348 |
8,449 |
8,421 |
10,480 |
13,126 |
13,669 |
14,234 |
14,505 |
15,179 |
15,894 |
Non-Interest Bearing Deposits |
|
1,061 |
1,311 |
1,790 |
1,847 |
2,441 |
3,178 |
4,071 |
4,591 |
4,700 |
3,963 |
3,843 |
Interest Bearing Deposits |
|
3,988 |
4,755 |
5,251 |
5,197 |
6,391 |
7,826 |
8,359 |
8,975 |
8,431 |
9,206 |
10,291 |
Short-Term Debt |
|
81 |
81 |
199 |
185 |
291 |
282 |
242 |
- |
135 |
106 |
192 |
Accrued Interest Payable |
|
1.62 |
1.72 |
2.20 |
3.18 |
4.63 |
8.08 |
4.31 |
- |
4.59 |
11 |
14 |
Long-Term Debt |
|
329 |
1,148 |
1,133 |
1,113 |
1,244 |
1,615 |
741 |
184 |
986 |
1,629 |
1,279 |
Other Long-Term Liabilities |
|
48 |
51 |
74 |
77 |
109 |
216 |
252 |
208 |
248 |
265 |
275 |
Total Equity & Noncontrolling Interests |
|
788 |
1,122 |
1,341 |
1,395 |
1,979 |
2,594 |
2,757 |
2,693 |
2,427 |
2,533 |
2,790 |
Total Preferred & Common Equity |
|
788 |
1,122 |
1,341 |
1,395 |
1,979 |
2,594 |
2,757 |
2,693 |
2,427 |
2,533 |
2,790 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
144 |
144 |
144 |
144 |
144 |
Total Common Equity |
|
788 |
1,122 |
1,341 |
1,395 |
1,979 |
2,594 |
2,612 |
2,550 |
2,282 |
2,389 |
2,646 |
Common Stock |
|
306 |
597 |
772 |
776 |
1,280 |
1,779 |
1,777 |
1,777 |
1,778 |
1,778 |
1,967 |
Retained Earnings |
|
505 |
550 |
597 |
651 |
738 |
825 |
832 |
978 |
1,078 |
1,143 |
1,192 |
Treasury Stock |
|
-2.15 |
-2.64 |
0.00 |
- |
-0.27 |
-9.46 |
-26 |
-200 |
-309 |
-303 |
-292 |
Accumulated Other Comprehensive Income / (Loss) |
|
-19 |
-21 |
-27 |
-31 |
-38 |
1.20 |
31 |
-5.12 |
-262 |
-227 |
-219 |
Other Equity Adjustments |
|
-1.26 |
-0.79 |
-0.57 |
-1.03 |
-1.07 |
-1.30 |
-1.49 |
- |
-1.83 |
-2.01 |
-2.08 |
Quarterly Balance Sheets for WesBanco
This table presents WesBanco's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
16,605 |
17,275 |
17,357 |
17,344 |
17,773 |
18,128 |
18,514 |
27,412 |
Cash and Due from Banks |
|
379 |
598 |
562 |
495 |
510 |
487 |
621 |
1,092 |
Trading Account Securities |
|
3,920 |
3,717 |
3,566 |
3,419 |
3,322 |
3,295 |
3,404 |
4,321 |
Loans and Leases, Net of Allowance |
|
-0.23 |
-119 |
11,010 |
11,189 |
11,744 |
12,121 |
12,311 |
18,440 |
Loans and Leases |
|
- |
- |
11,130 |
11,316 |
11,873 |
12,258 |
12,451 |
18,674 |
Allowance for Loan and Lease Losses |
|
0.23 |
119 |
120 |
127 |
129 |
137 |
141 |
234 |
Loans Held for Sale |
|
13 |
13 |
29 |
18 |
12 |
25 |
22 |
243 |
Premises and Equipment, Net |
|
221 |
225 |
220 |
226 |
233 |
222 |
222 |
281 |
Intangible Assets |
|
1,144 |
1,139 |
1,137 |
1,135 |
1,130 |
1,128 |
1,126 |
1,755 |
Other Assets |
|
10,928 |
11,584 |
834 |
863 |
822 |
850 |
808 |
1,281 |
Total Liabilities & Shareholders' Equity |
|
16,605 |
17,275 |
17,357 |
17,344 |
17,773 |
18,128 |
18,514 |
27,412 |
Total Liabilities |
|
14,209 |
14,799 |
14,892 |
14,896 |
15,234 |
15,584 |
15,713 |
23,631 |
Non-Interest Bearing Deposits |
|
4,737 |
4,479 |
4,286 |
4,170 |
3,939 |
3,826 |
3,778 |
5,319 |
Interest Bearing Deposits |
|
8,708 |
8,394 |
8,575 |
8,920 |
9,558 |
9,606 |
10,060 |
15,974 |
Short-Term Debt |
|
128 |
111 |
101 |
107 |
73 |
106 |
141 |
148 |
Accrued Interest Payable |
|
4.36 |
7.67 |
8.87 |
11 |
16 |
15 |
16 |
27 |
Long-Term Debt |
|
338 |
1,562 |
1,662 |
1,407 |
1,379 |
1,754 |
1,454 |
1,837 |
Other Long-Term Liabilities |
|
294 |
245 |
259 |
281 |
270 |
276 |
264 |
327 |
Total Equity & Noncontrolling Interests |
|
2,396 |
2,475 |
2,465 |
2,448 |
2,538 |
2,544 |
2,802 |
3,782 |
Total Preferred & Common Equity |
|
2,396 |
2,475 |
2,465 |
2,448 |
2,538 |
2,544 |
2,802 |
3,782 |
Preferred Stock |
|
144 |
144 |
144 |
144 |
144 |
144 |
144 |
144 |
Total Common Equity |
|
2,251 |
2,331 |
2,321 |
2,303 |
2,394 |
2,400 |
2,657 |
3,637 |
Common Stock |
|
1,776 |
1,778 |
1,773 |
1,775 |
1,779 |
1,773 |
1,965 |
2,685 |
Retained Earnings |
|
1,049 |
1,097 |
1,118 |
1,132 |
1,154 |
1,159 |
1,170 |
1,145 |
Treasury Stock |
|
-305 |
-308 |
-304 |
-303 |
-302 |
-295 |
-294 |
0.00 |
Accumulated Other Comprehensive Income / (Loss) |
|
-267 |
-234 |
-265 |
-298 |
-235 |
-235 |
-182 |
-191 |
Other Equity Adjustments |
|
-1.81 |
-1.94 |
-2.02 |
-2.04 |
-2.04 |
-2.06 |
-2.08 |
-2.13 |
Annual Metrics And Ratios for WesBanco
This table displays calculated financial ratios and metrics derived from WesBanco's official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
2.73% |
19.00% |
7.51% |
13.23% |
18.04% |
15.44% |
17.62% |
-2.79% |
0.17% |
1.70% |
0.73% |
EBITDA Growth |
|
12.09% |
20.36% |
9.63% |
23.53% |
12.71% |
8.93% |
-27.44% |
103.75% |
-15.09% |
-14.04% |
-4.68% |
EBIT Growth |
|
10.63% |
16.53% |
7.78% |
26.02% |
17.69% |
10.71% |
-24.91% |
108.06% |
-21.68% |
-17.92% |
-4.60% |
NOPAT Growth |
|
9.46% |
15.42% |
7.27% |
9.06% |
51.47% |
11.01% |
-23.18% |
98.50% |
-20.70% |
-17.22% |
-4.73% |
Net Income Growth |
|
9.46% |
15.42% |
7.27% |
9.06% |
51.47% |
11.01% |
-23.18% |
98.50% |
-20.70% |
-17.22% |
-4.73% |
EPS Growth |
|
9.63% |
-10.04% |
0.47% |
-0.93% |
36.45% |
-3.08% |
-37.46% |
99.44% |
-14.45% |
-16.89% |
-9.96% |
Operating Cash Flow Growth |
|
-14.96% |
-6.77% |
39.25% |
15.44% |
35.06% |
-14.87% |
-63.51% |
464.20% |
-39.30% |
-17.06% |
24.61% |
Free Cash Flow Firm Growth |
|
-182.68% |
-1,155.37% |
78.06% |
131.95% |
-1,001.61% |
-20.95% |
206.63% |
26.47% |
-143.34% |
-17.11% |
128.15% |
Invested Capital Growth |
|
14.90% |
96.25% |
13.69% |
0.72% |
30.48% |
27.85% |
-16.74% |
-23.07% |
23.32% |
20.29% |
-0.15% |
Revenue Q/Q Growth |
|
0.52% |
5.10% |
3.89% |
0.78% |
7.76% |
-1.16% |
9.44% |
-5.39% |
2.89% |
-1.60% |
2.55% |
EBITDA Q/Q Growth |
|
9.04% |
20.73% |
13.81% |
13.91% |
14.93% |
-10.53% |
50.62% |
-9.01% |
3.66% |
-0.85% |
20.84% |
EBIT Q/Q Growth |
|
1.51% |
9.48% |
1.32% |
4.38% |
9.80% |
-12.10% |
68.43% |
-6.37% |
-0.93% |
-9.57% |
11.04% |
NOPAT Q/Q Growth |
|
1.69% |
8.73% |
1.43% |
-8.09% |
24.36% |
-4.54% |
15.61% |
0.54% |
-1.00% |
-9.78% |
10.71% |
Net Income Q/Q Growth |
|
1.69% |
8.73% |
1.43% |
-8.09% |
24.36% |
-4.54% |
15.61% |
0.54% |
-1.00% |
-9.78% |
10.71% |
EPS Q/Q Growth |
|
2.14% |
1.90% |
-3.14% |
-8.15% |
18.70% |
-7.21% |
9.26% |
2.62% |
-0.33% |
-9.71% |
8.13% |
Operating Cash Flow Q/Q Growth |
|
-14.96% |
-6.77% |
39.25% |
-34.40% |
12.31% |
-24.96% |
66.05% |
6.72% |
-20.52% |
30.83% |
10.51% |
Free Cash Flow Firm Q/Q Growth |
|
-112.33% |
-8.40% |
23.82% |
275.74% |
1.52% |
-2,223.85% |
446.98% |
1.44% |
-181.81% |
39.28% |
153.00% |
Invested Capital Q/Q Growth |
|
5.48% |
6.90% |
3.06% |
-1.71% |
-0.82% |
19.96% |
-8.82% |
-11.56% |
23.98% |
7.73% |
-3.07% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
39.29% |
39.74% |
40.52% |
44.21% |
42.21% |
39.83% |
24.57% |
51.50% |
43.66% |
36.90% |
34.92% |
EBIT Margin |
|
35.80% |
35.05% |
35.14% |
39.11% |
39.00% |
37.40% |
23.87% |
51.10% |
39.95% |
32.25% |
30.54% |
Profit (Net Income) Margin |
|
26.74% |
25.93% |
25.87% |
24.92% |
31.98% |
30.75% |
20.08% |
41.01% |
32.47% |
26.43% |
24.99% |
Tax Burden Percent |
|
74.68% |
73.97% |
73.62% |
63.71% |
82.00% |
82.23% |
84.12% |
80.26% |
81.27% |
81.95% |
81.85% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
25.32% |
26.03% |
26.38% |
36.29% |
18.00% |
17.77% |
15.88% |
19.74% |
18.73% |
18.05% |
18.15% |
Return on Invested Capital (ROIC) |
|
6.25% |
4.55% |
3.45% |
3.52% |
4.61% |
3.97% |
2.97% |
7.32% |
5.98% |
4.07% |
3.55% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
6.25% |
4.55% |
3.45% |
3.52% |
4.61% |
3.97% |
2.97% |
7.32% |
5.98% |
4.07% |
3.55% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.87% |
3.90% |
3.59% |
3.38% |
3.87% |
2.98% |
1.60% |
1.57% |
1.52% |
2.34% |
2.14% |
Return on Equity (ROE) |
|
9.12% |
8.46% |
7.03% |
6.90% |
8.48% |
6.95% |
4.56% |
8.89% |
7.50% |
6.41% |
5.69% |
Cash Return on Invested Capital (CROIC) |
|
-7.62% |
-60.43% |
-9.36% |
2.80% |
-21.84% |
-20.48% |
21.23% |
33.40% |
-14.91% |
-14.35% |
3.70% |
Operating Return on Assets (OROA) |
|
1.51% |
1.48% |
1.29% |
1.51% |
1.57% |
1.37% |
0.90% |
1.81% |
1.40% |
1.12% |
1.02% |
Return on Assets (ROA) |
|
1.12% |
1.09% |
0.95% |
0.96% |
1.29% |
1.13% |
0.76% |
1.45% |
1.13% |
0.92% |
0.83% |
Return on Common Equity (ROCE) |
|
9.12% |
8.46% |
7.03% |
6.90% |
8.48% |
6.95% |
4.44% |
8.42% |
7.08% |
6.04% |
5.38% |
Return on Equity Simple (ROE_SIMPLE) |
|
8.88% |
7.20% |
6.46% |
6.77% |
7.23% |
6.12% |
4.43% |
9.00% |
7.92% |
6.28% |
5.43% |
Net Operating Profit after Tax (NOPAT) |
|
70 |
81 |
87 |
94 |
143 |
159 |
122 |
242 |
192 |
159 |
152 |
NOPAT Margin |
|
26.74% |
25.93% |
25.87% |
24.92% |
31.98% |
30.75% |
20.08% |
41.01% |
32.47% |
26.43% |
24.99% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
45.02% |
43.89% |
43.85% |
43.82% |
41.66% |
42.75% |
41.67% |
44.14% |
46.10% |
49.36% |
49.47% |
Operating Expenses to Revenue |
|
61.76% |
62.26% |
62.32% |
58.25% |
59.27% |
60.43% |
58.39% |
59.78% |
60.33% |
64.81% |
66.29% |
Earnings before Interest and Taxes (EBIT) |
|
94 |
109 |
118 |
148 |
175 |
193 |
145 |
302 |
236 |
194 |
185 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
103 |
124 |
136 |
168 |
189 |
206 |
149 |
304 |
258 |
222 |
212 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.91 |
0.75 |
1.05 |
0.99 |
0.80 |
0.65 |
0.66 |
0.77 |
0.87 |
0.74 |
0.82 |
Price to Tangible Book Value (P/TBV) |
|
1.54 |
1.33 |
1.89 |
1.71 |
1.49 |
1.17 |
1.19 |
1.41 |
1.74 |
1.41 |
1.43 |
Price to Revenue (P/Rev) |
|
2.75 |
2.70 |
4.22 |
3.63 |
3.53 |
3.26 |
2.85 |
3.34 |
3.36 |
2.95 |
3.59 |
Price to Earnings (P/E) |
|
10.28 |
10.40 |
16.31 |
14.56 |
11.04 |
10.61 |
14.50 |
8.51 |
10.91 |
11.93 |
15.39 |
Dividend Yield |
|
3.58% |
4.22% |
2.98% |
3.33% |
4.01% |
4.02% |
4.97% |
4.23% |
4.08% |
4.71% |
4.46% |
Earnings Yield |
|
9.72% |
9.61% |
6.13% |
6.87% |
9.06% |
9.43% |
6.90% |
11.76% |
9.17% |
8.39% |
6.50% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.86 |
0.84 |
0.98 |
0.95 |
0.84 |
0.75 |
0.52 |
0.37 |
0.80 |
0.72 |
0.76 |
Enterprise Value to Revenue (EV/Rev) |
|
3.96 |
6.37 |
7.81 |
6.74 |
6.58 |
6.48 |
3.21 |
1.78 |
4.81 |
5.08 |
5.32 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
10.07 |
16.02 |
19.29 |
15.25 |
15.59 |
16.27 |
13.08 |
3.46 |
11.01 |
13.78 |
15.23 |
Enterprise Value to EBIT (EV/EBIT) |
|
11.05 |
18.16 |
22.24 |
17.23 |
16.87 |
17.33 |
13.46 |
3.48 |
12.03 |
15.77 |
17.41 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
14.80 |
24.55 |
30.20 |
27.04 |
20.58 |
21.08 |
16.00 |
4.34 |
14.80 |
19.24 |
21.28 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
10.92 |
22.43 |
21.26 |
17.98 |
15.35 |
20.50 |
32.77 |
3.13 |
13.93 |
18.07 |
15.28 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
34.00 |
0.00 |
0.00 |
2.24 |
0.95 |
0.00 |
0.00 |
20.42 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.52 |
1.10 |
0.99 |
0.93 |
0.78 |
0.73 |
0.36 |
0.07 |
0.46 |
0.68 |
0.53 |
Long-Term Debt to Equity |
|
0.42 |
1.02 |
0.84 |
0.80 |
0.63 |
0.62 |
0.27 |
0.07 |
0.41 |
0.64 |
0.46 |
Financial Leverage |
|
0.46 |
0.86 |
1.04 |
0.96 |
0.84 |
0.75 |
0.54 |
0.21 |
0.26 |
0.58 |
0.60 |
Leverage Ratio |
|
8.11 |
7.73 |
7.41 |
7.16 |
6.60 |
6.16 |
6.01 |
6.12 |
6.61 |
6.99 |
6.84 |
Compound Leverage Factor |
|
8.11 |
7.73 |
7.41 |
7.16 |
6.60 |
6.16 |
6.01 |
6.12 |
6.61 |
6.99 |
6.84 |
Debt to Total Capital |
|
34.22% |
52.28% |
49.82% |
48.18% |
43.68% |
42.25% |
26.29% |
6.39% |
31.61% |
40.65% |
34.53% |
Short-Term Debt to Total Capital |
|
6.73% |
3.46% |
7.46% |
6.86% |
8.27% |
6.29% |
6.47% |
0.00% |
3.81% |
2.48% |
4.51% |
Long-Term Debt to Total Capital |
|
27.48% |
48.82% |
42.36% |
41.32% |
35.41% |
35.97% |
19.82% |
6.39% |
27.80% |
38.17% |
30.02% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
3.86% |
5.02% |
4.07% |
3.39% |
3.39% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
65.78% |
47.72% |
50.18% |
51.82% |
56.32% |
57.75% |
69.85% |
88.64% |
64.32% |
55.96% |
62.08% |
Debt to EBITDA |
|
3.99 |
9.93 |
9.82 |
7.74 |
8.12 |
9.22 |
6.58 |
0.60 |
4.34 |
7.81 |
6.95 |
Net Debt to EBITDA |
|
3.07 |
9.23 |
8.87 |
7.04 |
7.23 |
8.08 |
0.52 |
-3.51 |
2.76 |
5.13 |
4.27 |
Long-Term Debt to EBITDA |
|
3.20 |
9.28 |
8.35 |
6.64 |
6.59 |
7.85 |
4.96 |
0.60 |
3.82 |
7.34 |
6.04 |
Debt to NOPAT |
|
5.86 |
15.22 |
15.37 |
13.73 |
10.72 |
11.95 |
8.06 |
0.76 |
5.84 |
10.91 |
9.71 |
Net Debt to NOPAT |
|
4.52 |
14.15 |
13.89 |
12.49 |
9.54 |
10.47 |
0.64 |
-4.41 |
3.71 |
7.17 |
5.96 |
Long-Term Debt to NOPAT |
|
4.71 |
14.21 |
13.07 |
11.78 |
8.69 |
10.17 |
6.07 |
0.76 |
5.13 |
10.24 |
8.44 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
2.70% |
5.27% |
5.61% |
5.83% |
5.43% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-85 |
-1,072 |
-235 |
75 |
-678 |
-820 |
874 |
1,105 |
-479 |
-561 |
158 |
Operating Cash Flow to CapEx |
|
1,285.71% |
923.09% |
5,971.71% |
2,354.27% |
4,109.90% |
1,338.93% |
789.38% |
3,940.21% |
2,554.94% |
752.34% |
2,042.98% |
Free Cash Flow to Firm to Interest Expense |
|
-3.75 |
-43.38 |
-7.18 |
1.78 |
-10.01 |
-9.72 |
14.14 |
40.88 |
-12.17 |
-2.44 |
0.45 |
Operating Cash Flow to Interest Expense |
|
4.17 |
3.57 |
3.76 |
3.37 |
2.83 |
1.94 |
0.96 |
12.44 |
5.19 |
0.74 |
0.61 |
Operating Cash Flow Less CapEx to Interest Expense |
|
3.84 |
3.19 |
3.69 |
3.23 |
2.76 |
1.79 |
0.84 |
12.12 |
4.99 |
0.64 |
0.58 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
2.81 |
3.03 |
2.73 |
2.87 |
3.01 |
2.41 |
2.38 |
2.47 |
2.63 |
2.65 |
2.68 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,198 |
2,351 |
2,673 |
2,693 |
3,513 |
4,492 |
3,740 |
2,877 |
3,548 |
4,268 |
4,262 |
Invested Capital Turnover |
|
0.23 |
0.18 |
0.13 |
0.14 |
0.14 |
0.13 |
0.15 |
0.18 |
0.18 |
0.15 |
0.14 |
Increase / (Decrease) in Invested Capital |
|
155 |
1,153 |
322 |
19 |
821 |
978 |
-752 |
-863 |
671 |
720 |
-6.37 |
Enterprise Value (EV) |
|
1,036 |
1,983 |
2,617 |
2,555 |
2,945 |
3,348 |
1,953 |
1,052 |
2,843 |
3,060 |
3,224 |
Market Capitalization |
|
720 |
840 |
1,413 |
1,375 |
1,579 |
1,685 |
1,731 |
1,974 |
1,986 |
1,776 |
2,176 |
Book Value per Share |
|
$26.92 |
$29.14 |
$30.58 |
$31.69 |
$36.24 |
$47.43 |
$38.86 |
$40.33 |
$38.58 |
$40.23 |
$39.57 |
Tangible Book Value per Share |
|
$16.01 |
$16.39 |
$17.06 |
$18.31 |
$19.41 |
$26.42 |
$21.56 |
$22.12 |
$19.29 |
$21.16 |
$22.76 |
Total Capital |
|
1,198 |
2,351 |
2,673 |
2,693 |
3,513 |
4,492 |
3,740 |
2,877 |
3,548 |
4,268 |
4,262 |
Total Debt |
|
410 |
1,229 |
1,332 |
1,297 |
1,535 |
1,898 |
983 |
184 |
1,121 |
1,735 |
1,471 |
Total Long-Term Debt |
|
329 |
1,148 |
1,133 |
1,113 |
1,244 |
1,615 |
741 |
184 |
986 |
1,629 |
1,279 |
Net Debt |
|
316 |
1,143 |
1,204 |
1,180 |
1,365 |
1,663 |
78 |
-1,067 |
713 |
1,140 |
903 |
Capital Expenditures (CapEx) |
|
7.37 |
9.58 |
2.06 |
6.04 |
4.67 |
12 |
7.55 |
8.54 |
7.99 |
23 |
10 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
410 |
1,229 |
1,332 |
1,297 |
1,535 |
1,898 |
983 |
184 |
1,121 |
1,735 |
1,471 |
Total Depreciation and Amortization (D&A) |
|
9.13 |
15 |
18 |
19 |
14 |
13 |
4.24 |
2.39 |
22 |
28 |
27 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.39 |
$2.15 |
$2.16 |
$2.15 |
$2.93 |
$2.83 |
$1.78 |
$3.54 |
$3.03 |
$2.51 |
$2.26 |
Adjusted Weighted Average Basic Shares Outstanding |
|
29.25M |
37.49M |
40.10M |
44.00M |
48.89M |
56.11M |
67.26M |
65.52M |
60.05M |
59.30M |
62.59M |
Adjusted Diluted Earnings per Share |
|
$2.39 |
$2.15 |
$2.16 |
$2.14 |
$2.92 |
$2.83 |
$1.77 |
$3.53 |
$3.02 |
$2.51 |
$2.26 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
29.33M |
37.55M |
40.13M |
44.08M |
49.02M |
56.21M |
67.31M |
65.67M |
60.22M |
59.43M |
62.65M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
38.48M |
38.34M |
43.95M |
44.05M |
54.60M |
67.54M |
67.26M |
61.31M |
59.20M |
59.38M |
66.94M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
71 |
89 |
96 |
95 |
158 |
172 |
130 |
248 |
194 |
162 |
157 |
Normalized NOPAT Margin |
|
27.11% |
28.56% |
28.79% |
25.08% |
35.25% |
33.36% |
21.43% |
41.92% |
32.70% |
26.95% |
25.86% |
Pre Tax Income Margin |
|
35.80% |
35.05% |
35.14% |
39.11% |
39.00% |
37.40% |
23.87% |
51.10% |
39.95% |
32.25% |
30.54% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
4.12 |
4.42 |
3.59 |
3.52 |
2.58 |
2.29 |
2.35 |
11.17 |
6.01 |
0.84 |
0.53 |
NOPAT to Interest Expense |
|
3.07 |
3.27 |
2.64 |
2.24 |
2.11 |
1.88 |
1.97 |
8.96 |
4.88 |
0.69 |
0.44 |
EBIT Less CapEx to Interest Expense |
|
3.79 |
4.03 |
3.53 |
3.38 |
2.51 |
2.15 |
2.23 |
10.85 |
5.81 |
0.75 |
0.50 |
NOPAT Less CapEx to Interest Expense |
|
2.75 |
2.88 |
2.58 |
2.10 |
2.04 |
1.74 |
1.85 |
8.65 |
4.68 |
0.59 |
0.41 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
35.92% |
40.87% |
43.64% |
47.48% |
37.44% |
41.90% |
72.02% |
39.88% |
47.60% |
58.11% |
64.38% |
Augmented Payout Ratio |
|
35.92% |
46.80% |
47.13% |
47.48% |
37.73% |
48.33% |
92.13% |
114.13% |
108.01% |
60.32% |
64.33% |
Quarterly Metrics And Ratios for WesBanco
This table displays calculated financial ratios and metrics derived from WesBanco's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
5.90% |
11.78% |
10.06% |
10.20% |
-5.23% |
-6.22% |
-4.86% |
-3.56% |
1.48% |
10.19% |
33.60% |
EBITDA Growth |
|
17.26% |
-3.65% |
-3.53% |
1.16% |
-31.44% |
-31.28% |
-16.68% |
-34.04% |
0.58% |
39.76% |
-111.97% |
EBIT Growth |
|
18.69% |
-3.36% |
-3.15% |
1.77% |
-32.22% |
-32.05% |
-17.01% |
-35.09% |
1.08% |
42.29% |
-122.27% |
NOPAT Growth |
|
19.42% |
-3.58% |
-4.04% |
4.99% |
-30.53% |
-33.02% |
-15.70% |
-35.57% |
1.17% |
41.92% |
-118.95% |
Net Income Growth |
|
19.42% |
-3.58% |
-4.04% |
4.99% |
-30.53% |
-33.02% |
-15.70% |
-35.57% |
1.17% |
41.92% |
-125.19% |
EPS Growth |
|
32.81% |
-1.20% |
-1.47% |
5.97% |
-31.76% |
-32.93% |
-16.42% |
-38.03% |
-6.90% |
30.91% |
-126.79% |
Operating Cash Flow Growth |
|
136.94% |
-87.59% |
-77.19% |
23.64% |
-42.27% |
534.42% |
493.48% |
-61.33% |
-5.11% |
42.35% |
-140.88% |
Free Cash Flow Firm Growth |
|
-50.23% |
-167.48% |
-306.19% |
-360.99% |
-339.21% |
-10.68% |
119.44% |
87.35% |
62.61% |
108.18% |
-1,021.02% |
Invested Capital Growth |
|
-12.03% |
23.32% |
33.36% |
40.03% |
38.43% |
20.29% |
-3.80% |
4.16% |
10.97% |
-0.15% |
44.50% |
Revenue Q/Q Growth |
|
12.60% |
0.57% |
-3.59% |
0.94% |
-3.16% |
-0.49% |
-2.19% |
2.32% |
1.90% |
8.05% |
18.59% |
EBITDA Q/Q Growth |
|
22.18% |
-1.92% |
-18.05% |
3.01% |
-17.20% |
-1.69% |
-0.63% |
-18.46% |
26.26% |
36.61% |
-108.51% |
EBIT Q/Q Growth |
|
23.29% |
-1.97% |
-18.39% |
3.18% |
-17.89% |
-1.73% |
-0.32% |
-19.30% |
27.87% |
38.33% |
-115.60% |
NOPAT Q/Q Growth |
|
24.06% |
-1.56% |
-18.90% |
6.00% |
-17.91% |
-5.08% |
2.07% |
-18.99% |
28.90% |
33.15% |
-113.63% |
Net Income Q/Q Growth |
|
24.06% |
-1.56% |
-18.90% |
6.00% |
-17.91% |
-5.08% |
2.07% |
-18.99% |
28.90% |
33.15% |
-118.12% |
EPS Q/Q Growth |
|
26.87% |
-3.53% |
-18.29% |
5.97% |
-18.31% |
-5.17% |
1.82% |
-21.43% |
22.73% |
33.33% |
-120.83% |
Operating Cash Flow Q/Q Growth |
|
191.37% |
-93.27% |
45.87% |
332.01% |
36.06% |
-26.01% |
36.46% |
-71.85% |
233.86% |
11.00% |
-139.19% |
Free Cash Flow Firm Q/Q Growth |
|
-0.34% |
-239.25% |
-60.85% |
-16.91% |
8.65% |
35.57% |
128.25% |
-176.05% |
-170.08% |
114.09% |
-3,282.83% |
Invested Capital Q/Q Growth |
|
-5.22% |
23.98% |
16.91% |
1.93% |
-6.30% |
7.73% |
-6.50% |
10.37% |
-0.18% |
-3.07% |
35.30% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
43.32% |
42.25% |
35.91% |
36.65% |
31.34% |
30.96% |
31.45% |
25.07% |
31.06% |
39.27% |
-2.82% |
EBIT Margin |
|
41.69% |
40.64% |
34.40% |
35.16% |
29.82% |
29.44% |
30.01% |
23.67% |
29.70% |
38.02% |
-5.00% |
Profit (Net Income) Margin |
|
33.83% |
33.12% |
27.86% |
29.26% |
24.80% |
23.65% |
24.68% |
19.54% |
24.72% |
30.47% |
-4.65% |
Tax Burden Percent |
|
81.15% |
81.49% |
80.98% |
83.20% |
83.17% |
80.34% |
82.26% |
82.58% |
83.25% |
80.13% |
93.04% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
18.85% |
18.51% |
19.02% |
16.80% |
16.83% |
19.66% |
17.74% |
17.42% |
16.75% |
19.87% |
0.00% |
Return on Invested Capital (ROIC) |
|
6.36% |
6.10% |
4.65% |
5.00% |
4.45% |
3.64% |
3.61% |
2.67% |
3.50% |
4.33% |
-0.47% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
6.36% |
6.10% |
4.65% |
5.00% |
4.45% |
3.64% |
3.61% |
2.67% |
3.50% |
4.33% |
-0.60% |
Return on Net Nonoperating Assets (RNNOA) |
|
1.24% |
1.56% |
2.07% |
2.35% |
1.82% |
2.10% |
2.25% |
1.93% |
2.07% |
2.61% |
-0.33% |
Return on Equity (ROE) |
|
7.60% |
7.65% |
6.72% |
7.35% |
6.26% |
5.74% |
5.85% |
4.60% |
5.57% |
6.94% |
-0.80% |
Cash Return on Invested Capital (CROIC) |
|
19.15% |
-14.91% |
-23.35% |
-28.04% |
-27.07% |
-14.35% |
7.62% |
-0.92% |
-7.13% |
3.70% |
-34.21% |
Operating Return on Assets (OROA) |
|
1.43% |
1.42% |
1.21% |
1.28% |
1.07% |
1.02% |
1.02% |
0.79% |
0.98% |
1.27% |
-0.15% |
Return on Assets (ROA) |
|
1.16% |
1.16% |
0.98% |
1.06% |
0.89% |
0.82% |
0.84% |
0.65% |
0.82% |
1.01% |
-0.13% |
Return on Common Equity (ROCE) |
|
7.17% |
7.23% |
6.34% |
6.92% |
5.89% |
5.41% |
5.52% |
4.33% |
5.26% |
6.56% |
-0.76% |
Return on Equity Simple (ROE_SIMPLE) |
|
8.10% |
0.00% |
7.69% |
7.81% |
7.20% |
0.00% |
6.00% |
5.36% |
4.88% |
0.00% |
2.82% |
Net Operating Profit after Tax (NOPAT) |
|
53 |
52 |
42 |
45 |
37 |
35 |
36 |
29 |
37 |
50 |
-6.77 |
NOPAT Margin |
|
33.83% |
33.12% |
27.86% |
29.26% |
24.80% |
23.65% |
24.68% |
19.54% |
24.72% |
30.47% |
-3.50% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.13% |
SG&A Expenses to Revenue |
|
45.88% |
43.50% |
47.40% |
48.04% |
50.93% |
51.15% |
50.97% |
49.82% |
50.26% |
47.09% |
43.87% |
Operating Expenses to Revenue |
|
58.65% |
57.38% |
63.25% |
62.86% |
65.93% |
67.31% |
67.22% |
69.21% |
67.12% |
62.07% |
69.35% |
Earnings before Interest and Taxes (EBIT) |
|
65 |
64 |
52 |
54 |
44 |
44 |
43 |
35 |
45 |
62 |
-9.67 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
68 |
67 |
55 |
56 |
47 |
46 |
45 |
37 |
47 |
64 |
-5.44 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.81 |
0.87 |
0.73 |
0.62 |
0.60 |
0.74 |
0.73 |
0.69 |
0.67 |
0.82 |
0.57 |
Price to Tangible Book Value (P/TBV) |
|
1.65 |
1.74 |
1.43 |
1.22 |
1.18 |
1.41 |
1.38 |
1.30 |
1.16 |
1.43 |
1.10 |
Price to Revenue (P/Rev) |
|
3.19 |
3.36 |
2.81 |
2.32 |
2.25 |
2.95 |
2.94 |
2.82 |
3.00 |
3.59 |
3.17 |
Price to Earnings (P/E) |
|
9.96 |
10.91 |
9.45 |
7.90 |
8.30 |
11.93 |
12.27 |
13.13 |
14.00 |
15.39 |
21.43 |
Dividend Yield |
|
4.40% |
4.08% |
4.80% |
5.72% |
6.03% |
4.71% |
4.83% |
5.12% |
4.84% |
4.46% |
4.72% |
Earnings Yield |
|
10.04% |
9.17% |
10.58% |
12.66% |
12.05% |
8.39% |
8.15% |
7.62% |
7.14% |
6.50% |
4.67% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.72 |
0.80 |
0.70 |
0.66 |
0.64 |
0.72 |
0.71 |
0.72 |
0.66 |
0.76 |
0.54 |
Enterprise Value to Revenue (EV/Rev) |
|
3.59 |
4.81 |
4.83 |
4.49 |
4.16 |
5.08 |
4.77 |
5.39 |
4.89 |
5.32 |
4.75 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
8.28 |
11.01 |
11.95 |
11.35 |
11.35 |
13.78 |
14.60 |
18.16 |
16.52 |
15.23 |
21.83 |
Enterprise Value to EBIT (EV/EBIT) |
|
8.65 |
12.03 |
12.46 |
11.82 |
11.85 |
15.77 |
15.30 |
19.11 |
17.35 |
17.41 |
23.55 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
10.64 |
14.80 |
15.36 |
14.47 |
14.42 |
19.24 |
18.59 |
23.28 |
21.14 |
21.28 |
29.11 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
8.04 |
13.93 |
17.48 |
15.80 |
19.64 |
18.07 |
12.70 |
16.35 |
15.15 |
15.28 |
25.93 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
3.53 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
9.13 |
0.00 |
0.00 |
20.42 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.19 |
0.46 |
0.68 |
0.72 |
0.62 |
0.68 |
0.57 |
0.73 |
0.57 |
0.53 |
0.52 |
Long-Term Debt to Equity |
|
0.14 |
0.41 |
0.63 |
0.67 |
0.57 |
0.64 |
0.54 |
0.69 |
0.52 |
0.46 |
0.49 |
Financial Leverage |
|
0.19 |
0.26 |
0.45 |
0.47 |
0.41 |
0.58 |
0.62 |
0.72 |
0.59 |
0.60 |
0.54 |
Leverage Ratio |
|
6.54 |
6.61 |
6.84 |
6.92 |
7.01 |
6.99 |
6.99 |
7.08 |
6.83 |
6.84 |
7.15 |
Compound Leverage Factor |
|
6.54 |
6.61 |
6.84 |
6.92 |
7.01 |
6.99 |
6.99 |
7.08 |
6.83 |
6.84 |
7.15 |
Debt to Total Capital |
|
16.29% |
31.61% |
40.33% |
41.70% |
38.21% |
40.65% |
36.39% |
42.23% |
36.28% |
34.53% |
34.42% |
Short-Term Debt to Total Capital |
|
4.47% |
3.81% |
2.68% |
2.40% |
2.69% |
2.48% |
1.83% |
2.40% |
3.20% |
4.51% |
2.56% |
Long-Term Debt to Total Capital |
|
11.82% |
27.80% |
37.65% |
39.30% |
35.52% |
38.17% |
34.56% |
39.83% |
33.08% |
30.02% |
31.85% |
Preferred Equity to Total Capital |
|
5.05% |
4.07% |
3.48% |
3.42% |
3.65% |
3.39% |
3.62% |
3.28% |
3.29% |
3.39% |
2.51% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
78.66% |
64.32% |
56.19% |
54.88% |
58.14% |
55.96% |
59.99% |
54.49% |
60.44% |
62.08% |
63.08% |
Debt to EBITDA |
|
1.87 |
4.34 |
6.84 |
7.19 |
6.76 |
7.81 |
7.48 |
10.63 |
9.11 |
6.95 |
13.93 |
Net Debt to EBITDA |
|
0.35 |
2.76 |
4.39 |
4.89 |
4.55 |
5.13 |
4.86 |
7.85 |
5.56 |
4.27 |
6.27 |
Long-Term Debt to EBITDA |
|
1.36 |
3.82 |
6.38 |
6.77 |
6.28 |
7.34 |
7.11 |
10.03 |
8.30 |
6.04 |
12.89 |
Debt to NOPAT |
|
2.40 |
5.84 |
8.79 |
9.16 |
8.59 |
10.91 |
9.53 |
13.63 |
11.65 |
9.71 |
18.58 |
Net Debt to NOPAT |
|
0.45 |
3.71 |
5.65 |
6.24 |
5.78 |
7.17 |
6.18 |
10.07 |
7.12 |
5.96 |
8.36 |
Long-Term Debt to NOPAT |
|
1.74 |
5.13 |
8.20 |
8.63 |
7.98 |
10.24 |
9.05 |
12.86 |
10.63 |
8.44 |
17.19 |
Noncontrolling Interest Sharing Ratio |
|
5.64% |
5.61% |
5.69% |
5.86% |
5.97% |
5.83% |
5.76% |
5.77% |
5.50% |
5.43% |
4.57% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
444 |
-619 |
-995 |
-1,164 |
-1,063 |
-685 |
194 |
-147 |
-397 |
56 |
-1,782 |
Operating Cash Flow to CapEx |
|
4,481.77% |
275.60% |
89.03% |
1,004.70% |
2,402.06% |
1,619.35% |
2,339.34% |
0.00% |
1,583.09% |
1,467.70% |
-610.80% |
Free Cash Flow to Firm to Interest Expense |
|
46.21 |
-32.49 |
-27.48 |
-21.36 |
-16.13 |
-9.31 |
2.38 |
-1.70 |
-4.29 |
0.64 |
-18.82 |
Operating Cash Flow to Interest Expense |
|
11.53 |
0.39 |
0.30 |
0.86 |
0.97 |
0.64 |
0.79 |
0.21 |
0.66 |
0.77 |
-0.28 |
Operating Cash Flow Less CapEx to Interest Expense |
|
11.27 |
0.25 |
-0.04 |
0.78 |
0.93 |
0.60 |
0.76 |
0.22 |
0.61 |
0.72 |
-0.32 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.03 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
2.54 |
2.63 |
2.72 |
2.84 |
2.73 |
2.65 |
2.60 |
2.66 |
2.64 |
2.68 |
2.55 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
2,862 |
3,548 |
4,148 |
4,228 |
3,962 |
4,268 |
3,990 |
4,404 |
4,396 |
4,262 |
5,766 |
Invested Capital Turnover |
|
0.19 |
0.18 |
0.17 |
0.17 |
0.18 |
0.15 |
0.15 |
0.14 |
0.14 |
0.14 |
0.13 |
Increase / (Decrease) in Invested Capital |
|
-391 |
671 |
1,038 |
1,209 |
1,100 |
720 |
-158 |
176 |
435 |
-6.37 |
1,776 |
Enterprise Value (EV) |
|
2,064 |
2,843 |
2,923 |
2,785 |
2,542 |
3,060 |
2,833 |
3,176 |
2,893 |
3,224 |
3,110 |
Market Capitalization |
|
1,832 |
1,986 |
1,704 |
1,440 |
1,379 |
1,776 |
1,746 |
1,659 |
1,775 |
2,176 |
2,073 |
Book Value per Share |
|
$37.71 |
$38.58 |
$39.37 |
$39.17 |
$38.81 |
$40.23 |
$40.31 |
$40.38 |
$44.59 |
$39.57 |
$54.33 |
Tangible Book Value per Share |
|
$18.55 |
$19.29 |
$20.13 |
$19.98 |
$19.69 |
$21.16 |
$21.28 |
$21.40 |
$25.69 |
$22.76 |
$28.12 |
Total Capital |
|
2,862 |
3,548 |
4,148 |
4,228 |
3,962 |
4,268 |
3,990 |
4,404 |
4,396 |
4,262 |
5,766 |
Total Debt |
|
466 |
1,121 |
1,673 |
1,763 |
1,514 |
1,735 |
1,452 |
1,860 |
1,595 |
1,471 |
1,984 |
Total Long-Term Debt |
|
338 |
986 |
1,562 |
1,662 |
1,407 |
1,629 |
1,379 |
1,754 |
1,454 |
1,279 |
1,837 |
Net Debt |
|
88 |
713 |
1,075 |
1,201 |
1,019 |
1,140 |
942 |
1,373 |
974 |
903 |
893 |
Capital Expenditures (CapEx) |
|
2.47 |
2.71 |
12 |
4.68 |
2.67 |
2.93 |
2.76 |
-0.87 |
3.84 |
4.59 |
4.33 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
2.23 |
Net Nonoperating Obligations (NNO) |
|
466 |
1,121 |
1,673 |
1,763 |
1,514 |
1,735 |
1,452 |
1,860 |
1,595 |
1,471 |
1,984 |
Total Depreciation and Amortization (D&A) |
|
2.56 |
2.54 |
2.30 |
2.28 |
2.26 |
2.24 |
2.09 |
2.07 |
2.05 |
2.03 |
4.22 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.85 |
$0.83 |
$0.67 |
$0.71 |
$0.58 |
$0.55 |
$0.56 |
$0.44 |
$0.54 |
$0.72 |
($0.15) |
Adjusted Weighted Average Basic Shares Outstanding |
|
59.55M |
60.05M |
59.22M |
59.26M |
59.36M |
59.30M |
59.38M |
59.52M |
64.49M |
62.59M |
76.83M |
Adjusted Diluted Earnings per Share |
|
$0.85 |
$0.82 |
$0.67 |
$0.71 |
$0.58 |
$0.55 |
$0.56 |
$0.44 |
$0.54 |
$0.72 |
($0.15) |
Adjusted Weighted Average Diluted Shares Outstanding |
|
59.70M |
60.22M |
59.38M |
59.39M |
59.44M |
59.43M |
59.52M |
59.66M |
64.63M |
62.65M |
77.02M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
59.16M |
59.20M |
59.25M |
59.36M |
59.37M |
59.38M |
59.42M |
59.59M |
66.87M |
66.94M |
95.67M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
53 |
52 |
45 |
45 |
37 |
35 |
36 |
32 |
39 |
50 |
7.24 |
Normalized NOPAT Margin |
|
33.87% |
33.12% |
29.54% |
29.27% |
25.16% |
23.66% |
24.68% |
21.65% |
25.82% |
30.78% |
3.75% |
Pre Tax Income Margin |
|
41.69% |
40.64% |
34.40% |
35.16% |
29.82% |
29.44% |
30.01% |
23.67% |
29.70% |
38.02% |
-5.00% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
6.80 |
3.36 |
1.44 |
0.99 |
0.67 |
0.59 |
0.53 |
0.41 |
0.48 |
0.71 |
-0.10 |
NOPAT to Interest Expense |
|
5.52 |
2.74 |
1.17 |
0.82 |
0.56 |
0.48 |
0.44 |
0.33 |
0.40 |
0.57 |
-0.07 |
EBIT Less CapEx to Interest Expense |
|
6.54 |
3.22 |
1.11 |
0.90 |
0.63 |
0.55 |
0.50 |
0.42 |
0.44 |
0.66 |
-0.15 |
NOPAT Less CapEx to Interest Expense |
|
5.26 |
2.60 |
0.83 |
0.74 |
0.52 |
0.44 |
0.40 |
0.34 |
0.36 |
0.52 |
-0.12 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
47.71% |
47.60% |
48.04% |
47.51% |
52.11% |
58.11% |
61.05% |
68.65% |
68.89% |
64.38% |
94.45% |
Augmented Payout Ratio |
|
133.33% |
108.01% |
48.04% |
58.75% |
56.47% |
60.32% |
63.38% |
69.49% |
69.55% |
64.33% |
93.89% |
Key Financial Trends
WesBanco Inc. (NASDAQ: WSBC) has demonstrated notable financial developments over the last four years through Q1 2025. The analysis below highlights key trends in income statement, cash flow, and balance sheet items to provide retail investors an overview of the company’s financial health and operational performance.
- Net Interest Income has grown steadily from approximately $114 million in Q1 2024 to about $159 million in Q1 2025, driven primarily by increased Loans and Leases Interest Income, which rose from $167 million to $218 million over the same period. This indicates strong core lending revenue growth.
- Total Revenue increased significantly from around $145 million in Q1 2024 to $193 million in Q1 2025, supported by higher interest income and a solid contribution from non-interest income streams such as service charges and trust fees.
- The balance sheet has expanded, with Total Assets rising from roughly $17.7 billion at Q1 2024 to $27.4 billion at Q1 2025. This growth is largely attributable to a substantial increase in Trading Account Securities and Loans and Leases (net), suggesting successful asset growth and investment scaling.
- Deposits have increased substantially with Interest Bearing Deposits growing from about $9.6 billion in Q1 2024 to nearly $16.0 billion in Q1 2025, indicating strong customer deposit inflows and funding base expansion.
- WesBanco increased its Debt Issuance markedly in Q1 2025, raising $900 million, likely to support asset growth and liquidity, though it also repaid a substantial amount of debt ($970 million) in the same quarter, showing active debt management.
- Provision for Credit Losses spiked significantly in Q1 2025 to approximately $68.9 million compared to much lower or even negative provisions in prior quarters (e.g. $-147,000 in Q4 2024). This sharp increase could reflect tighter credit conditions or anticipated loan losses.
- Non-Interest Expenses saw a substantial rise in Q1 2025, reaching about $134 million compared to around $101 million in Q4 2024, mainly due to a $20 million Restructuring Charge, potentially affecting short-term profitability.
- Net Income fell to a loss of about $11.5 million attributable to common shareholders in Q1 2025, a notable turnaround from consistent profitability in previous quarters (e.g., $47 million in Q4 2024). The loss is driven by high credit loss provisions and restructuring costs.
- Earnings Per Share (EPS) declined to a loss of $0.15 in Q1 2025 from positive EPS in prior quarters (e.g., $0.72 in Q4 2024), evidencing the profit hit from higher expenses and credit losses amid growth initiatives.
- Although cash increased by approximately $523 million in Q1 2025, net cash from operating activities turned negative at roughly -$26 million, reflecting the impact of rising provisions and operating costs, which may press on liquidity if this trend continues.
Summary: WesBanco has been experiencing strong asset and deposit growth, alongside rising interest income, which generally supports long-term expansion. However, the jump in credit loss provisions and restructuring expenses in Q1 2025 has resulted in a quarterly loss for the first time in recent history, impacting earnings negatively. Investors should monitor the developments around credit quality and cost control to assess if the growth remains sustainable and profitability can be restored.
08/08/25 12:42 PMAI Generated. May Contain Errors.