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WesBanco Inc (WSBC)
NASDAQ:WSBC
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.87Last Year’s EPS
0.49Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 2.91%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive sentiment with strong organic growth and successful acquisition of Premier Financial, leading to improved financial metrics. However, challenges such as negative GAAP net income, increased provisions, and macroeconomic uncertainties present areas of concern.Company Guidance
During the WesBanco First Quarter 2025 Earnings Conference Call, guidance provided highlighted several key metrics. The acquisition of Premier Financial was successfully completed, increasing WesBanco's standing among the top 100 largest U.S. banks by asset size. The company reported net income, excluding merger and restructuring expenses and the day-one provision on acquired loans, of $51.2 million, with diluted earnings per share increasing 18% year-over-year to $0.66. Net interest margin improved to 3.35%, with expectations to surpass 3.50% in the second quarter, while the efficiency ratio improved to 58.62%. Organic loan growth was robust at 8% year-over-year and 4% quarter-over-quarter annualized, supported by organic deposit growth of $922 million year-over-year. The commercial loan pipeline stood at approximately $1.3 billion, growing to $1.4 billion in the weeks after quarter-end. WesBanco's balance sheet grew significantly, with total assets increasing 54% year-over-year to $27.4 billion. The company anticipates mid-single-digit loan growth for 2025, despite the volatile macroeconomic environment, and maintains a focus on disciplined expense management to drive positive operating leverage.Successful Acquisition of Premier Financial
The acquisition of Premier Financial was successfully completed, elevating WesBanco into the ranks of the top 100 largest U.S. banks by asset size. Nearly 90% of Premier employees were retained, and the merger has received positive feedback.
Strong Organic Loan and Deposit Growth
First quarter organic loan growth was 8% year-over-year and 4% quarter-over-quarter annualized. Total deposits increased by $922 million year-over-year, with organic deposit growth, excluding CDs, at 5% year-over-year and nearly 11% quarter-over-quarter annualized.
Improved Financial Metrics
Net income, excluding merger and restructuring expenses, increased 54% from the prior year to $51.2 million. The net interest margin increased to 3.35%, and the efficiency ratio improved to 58.62%.
Positive Operating Leverage
The company delivered strong organic loan and deposit growth while achieving positive operating leverage. Pre-tax, pre-provision earnings grew by 25% year-over-year.
WSBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WSBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | $29.91 | $29.78 | -0.43% |
Jan 22, 2025 | $31.38 | $33.05 | +5.32% |
Oct 23, 2024 | $30.09 | $29.70 | -1.30% |
Jul 26, 2024 | $33.15 | $31.70 | -4.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does WesBanco Inc (WSBC) report earnings?
WesBanco Inc (WSBC) is schdueled to report earning on Jul 29, 2025, TBA Not Confirmed.
What is WesBanco Inc (WSBC) earnings time?
WesBanco Inc (WSBC) earnings time is at Jul 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WSBC EPS forecast?
WSBC EPS forecast for the fiscal quarter 2025 (Q2) is 0.87.