Wes Banco Inc - Understand $wsbc stock

$WSBC Market Cap: $2.399 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$612.1M

TTM

Gross Margin

Net Earnings

$129.3M

TTM

Current Assets

Current Liabilities

$157.0M

Q3 2024

Current Ratio

Total Assets

$18.51B

Q3 2024

Total Liabilities

$15.71B

Q3 2024

Book Value

$2.802B

Q3 2024

Cash

$620.9M

Q3 2024

P/E

18.56

Nov 13, 2024 EST

Free Cash Flow

$187.2M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Revenue	$711.5M	$513.7M	$485.0M	$541.3M	$484.3M	$415.0M	$332.4M	$286.1M	$261.7M	$216.0M	$217.9M	$211.7M	$224.2M
YoY Change	38.52%	5.92%	-10.4%	11.78%	16.7%	24.83%	16.19%	9.32%	21.17%	-0.87%	2.93%	-5.57%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$711.5M	$513.7M	$485.0M	$541.3M	$484.3M	$415.0M	$332.4M	$286.1M	$261.7M	$216.0M	$217.9M	$211.7M	$224.2M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$14.44M	$13.04M	$13.40M	$14.10M	$11.60M	$10.50M	$10.40M	$9.200M	$8.100M	$7.400M	$7.000M	$6.100M	$6.200M	$6.900M	$7.600M	$7.400M	$5.900M	$5.500M	$6.100M	$5.900M	$5.800M	$5.700M	$4.900M	$5.200M	$5.500M	$5.300M	$6.300M	$6.500M	$7.200M	$9.100M	$1.900M	$1.900M	$1.900M	$1.900M	$1.800M	$1.700M
YoY Change	10.68%	-2.67%	-4.96%	21.55%	10.48%	0.96%	13.04%	13.58%	9.46%	5.71%	14.75%	-1.61%	-10.14%	-9.21%	2.7%	25.42%	7.27%	-9.84%	3.39%	1.72%	1.75%	16.33%	-5.77%	-5.45%	3.77%	-15.87%	-3.08%	-9.72%	-20.88%	378.95%	0.0%	0.0%	0.0%	5.56%	5.88%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$230.2M	$39.34M	$27.03M	$61.80M	$84.35M	$67.72M	$42.13M	$32.77M	$24.73M	$22.76M	$32.40M	$43.34M	$54.80M
YoY Change	485.05%	45.53%	-56.25%	-26.74%	24.55%	60.75%	28.57%	32.53%	8.62%	-29.75%	-25.23%	-20.92%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Pretax Income	$194.0M	$236.4M	$301.8M	$145.1M	$193.2M	$174.5M	$148.3M	$117.7M	$109.2M	$93.69M	$84.69M	$63.13M	$53.65M	$40.00M	$22.90M	$42.60M	$52.70M	$48.30M	$54.50M	$47.20M	$44.80M	$45.40M	$41.30M	$39.20M	$39.10M	$41.80M	$34.70M	$36.60M	$28.00M	$24.20M	$24.40M	$23.00M	$19.60M	$18.20M	$17.90M	$15.40M
YoY Change	-17.92%	-21.68%	108.06%	-24.91%	10.71%	17.69%	26.02%	7.78%	16.53%	10.63%	34.14%	17.68%	34.12%	74.67%	-46.24%	-19.17%	9.11%	-11.38%	15.47%	5.36%	-1.32%	9.93%	5.36%	0.26%	-6.46%	20.46%	-5.19%	30.71%	15.7%	-0.82%	6.09%	17.35%	7.69%	1.68%	16.23%	54.0%
Income Tax	$35.02M	$44.29M	$59.59M	$23.04M	$34.34M	$31.41M	$53.81M	$31.04M	$28.42M	$23.72M	$20.76M	$13.59M	$9.838M	$4.400M	-$1.000M	$4.500M	$8.000M	$9.300M	$11.70M	$9.000M	$8.700M	$10.60M	$12.30M	$12.30M	$11.50M	$13.50M	$9.500M	$10.60M	$7.700M	$6.300M	$6.600M	$6.500M	$5.200M	$4.500M	$4.600M	$3.600M
% Of Pretax Income	18.05%	18.73%	19.74%	15.88%	17.77%	18.0%	36.29%	26.38%	26.03%	25.32%	24.52%	21.52%	18.34%	11.0%	-4.37%	10.56%	15.18%	19.25%	21.47%	19.07%	19.42%	23.35%	29.78%	31.38%	29.41%	32.3%	27.38%	28.96%	27.5%	26.03%	27.05%	28.26%	26.53%	24.73%	25.7%	23.38%
Net Earnings	$148.9M	$182.0M	$242.3M	$122.0M	$158.9M	$143.1M	$94.48M	$86.64M	$80.76M	$69.97M	$63.93M	$49.54M	$43.81M	$35.60M	$23.90M	$38.10M	$44.70M	$39.00M	$42.80M	$38.20M	$36.10M	$34.80M	$29.00M	$26.90M	$27.60M	$28.30M	$25.20M	$25.90M	$20.30M	$17.90M	$17.80M	$15.90M	$14.40M	$13.70M	$13.30M	$11.80M
YoY Change	-18.18%	-24.88%	98.5%	-23.18%	11.01%	51.47%	9.06%	7.27%	15.42%	9.46%	29.03%	13.09%	23.06%	48.95%	-37.27%	-14.77%	14.62%	-8.88%	12.04%	5.82%	3.74%	20.0%	7.81%	-2.54%	-2.47%	12.3%	-2.7%	27.59%	13.41%	0.56%	11.95%	10.42%	5.11%	3.01%	12.71%	53.25%
Net Earnings / Revenue	20.93%	35.43%	49.95%	22.55%	32.81%	34.49%	28.42%	30.28%	30.86%	32.4%	29.34%	23.4%	19.54%
Basic Earnings Per Share	$2.51	$3.03	$3.54	$1.78	$2.83	$2.93	$2.15	$2.16	$2.15	$2.39	$2.18	$1.84	$1.65
Diluted Earnings Per Share	$2.51	$3.022M	$3.53	$1.77	$2.83	$2.92	$2.14	$2.16	$2.15	$2.39	$2.18	$1.84	$1.65	$1.338M	$898.5K	$1.432M	$2.089M	$1.789M	$1.902M	$1.900M	$1.796M	$1.698M	$1.602M	$1.408M	$1.366M	$1.354M	$1.229M	$1.302M	$1.336M	$1.162M	$1.141M	$1.214M	$1.099M	$1.046M	$1.015M	$900.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$233.6M	$220.9M	$229.0M	$249.0M	$261.0M	$167.0M	$131.0M	$133.0M	$112.0M	$93.00M	$93.00M	$89.00M	$82.00M	$86.00M	$90.00M	$94.00M	$94.00M	$67.00M	$65.00M	$57.00M	$53.00M	$56.00M	$50.00M	$53.00M	$56.00M	$48.00M	$45.00M	$33.00M	$28.00M	$22.00M	$22.00M	$22.00M	$22.00M	$22.00M	$18.00M	$18.00M
YoY Change	5.74%	-3.54%	-8.03%	-4.6%	56.29%	27.48%	-1.5%	18.75%	20.43%	0.0%	4.49%	8.54%	-4.65%	-4.44%	-4.26%	0.0%	40.3%	3.08%	14.04%	7.55%	-5.36%	12.0%	-5.66%	-5.36%	16.67%	6.67%	36.36%	17.86%	27.27%	0.0%	0.0%	0.0%	0.0%	22.22%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$34.90M	$261.8M	-$5.000M	$47.00M	$24.00M	$28.00M	$21.00M	$20.00M	$8.000M	$6.000M	$7.000M
YoY Change	-86.67%	-5336.0%	-110.64%	95.83%	-14.29%	33.33%	5.0%	150.0%	33.33%	-14.29%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$17.71B	$16.93B	$16.93B	$16.43B	$15.72B	$12.46B	$9.816B	$9.791B	$8.470B	$6.297B	$6.145B	$6.079B	$5.536B	$5.361B	$5.397B	$5.222B	$5.384B	$4.098B	$4.422B	$4.011B	$3.445B	$3.297B	$2.474B	$2.310B	$2.270B	$2.243B	$2.212B	$1.678B	$1.549B	$1.351B	$1.347B	$1.316B	$1.269B	$1.106B	$871.0M	$839.0M
YoY Change
Accounts Payable	$11.12M	$4.593M	$2.000M	$4.000M	$8.000M	$5.000M	$3.000M	$2.000M	$2.000M	$2.000M	$2.000M	$4.000M	$5.000M	$7.000M	$9.000M	$10.00M	$13.00M	$10.00M	$9.000M	$7.000M	$6.000M	$8.000M	$7.000M	$8.000M	$6.000M	$7.000M	$7.000M	$6.000M	$7.000M	$5.000M	$5.000M	$5.000M	$7.000M	$5.000M	$4.000M	$3.000M
YoY Change	142.13%	129.65%	-50.0%	-50.0%	60.0%	66.67%	50.0%	0.0%	0.0%	0.0%	-50.0%	-20.0%	-28.57%	-22.22%	-10.0%	-23.08%	30.0%	11.11%	28.57%	16.67%	-25.0%	14.29%	-12.5%	33.33%	-14.29%	0.0%	16.67%	-14.29%	40.0%	0.0%	0.0%	-28.57%	40.0%	25.0%	33.33%
Accrued Expenses	$46.30M	$43.00M	$48.00M	$56.00M	$57.00M
YoY Change	7.67%	-10.42%	-14.29%	-1.75%
Deferred Revenue
YoY Change
Short-Term Debt	$105.9M	$135.1M	$142.0M	$242.0M	$282.0M	$291.0M	$185.0M	$199.0M	$81.00M	$81.00M	$151.0M	$143.0M	$194.0M	$185.0M	$186.0M	$297.0M	$329.0M	$201.0M	$240.0M	$201.0M	$218.0M	$176.0M	$172.0M	$159.0M	$173.0M	$135.0M	$120.0M	$93.00M	$72.00M	$70.00M	$62.00M	$57.00M	$57.00M	$59.00M	$44.00M	$40.00M
YoY Change	-21.6%	-4.88%	-41.32%	-14.18%	-3.09%	57.3%	-7.04%	145.68%	0.0%	-46.36%	5.59%	-26.29%	4.86%	-0.54%	-37.37%	-9.73%	63.68%	-16.25%	19.4%	-7.8%	23.86%	2.33%	8.18%	-8.09%	28.15%	12.5%	29.03%	29.17%	2.86%	12.9%	8.77%	0.0%	-3.39%	34.09%	10.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$117.0M	$4.593M	$50.00M	$60.00M	$65.00M	$5.000M	$3.000M	$2.000M	$2.000M	$2.000M	$2.000M	$4.000M	$5.000M	$7.000M	$9.000M	$10.00M	$13.00M	$10.00M	$9.000M	$7.000M	$6.000M	$8.000M	$7.000M	$8.000M	$6.000M	$7.000M	$7.000M	$6.000M	$7.000M	$5.000M	$5.000M	$5.000M	$7.000M	$5.000M	$4.000M	$3.000M
YoY Change	2447.66%	-90.81%	-16.67%	-7.69%	1200.0%	66.67%	50.0%	0.0%	0.0%	0.0%	-50.0%	-20.0%	-28.57%	-22.22%	-10.0%	-23.08%	30.0%	11.11%	28.57%	16.67%	-25.0%	14.29%	-12.5%	33.33%	-14.29%	0.0%	16.67%	-14.29%	40.0%	0.0%	0.0%	-28.57%	40.0%	25.0%	33.33%
Long-Term Debt	$279.1M	$281.4M	$137.0M	$197.0M	$205.0M	$190.0M	$164.0M	$164.0M	$106.0M	$106.0M	$106.0M	$114.0M	$106.0M	$106.0M	$111.0M	$111.0M	$111.0M	$88.00M	$88.00M	$72.00M	$31.00M	$13.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-0.83%	105.4%	-30.46%	-3.9%	7.89%	15.85%	0.0%	54.72%	0.0%	0.0%	-7.02%	7.55%	0.0%	-4.5%	0.0%	0.0%	26.14%	0.0%	22.22%	132.26%	138.46%
Other Long-Term Liabilities	$264.5M	$248.1M	$156.0M	$191.0M	$154.0M	$109.0M	$77.00M	$74.00M	$51.00M	$48.00M	$37.00M	$48.00M	$32.00M	$29.00M	$29.00M	$42.00M	$37.00M	$26.00M	$25.00M	$36.00M	$29.00M	$33.00M	$16.00M	$14.00M	$6.000M	$17.00M	$16.00M	$9.000M	$8.000M	$8.000M	$7.000M	$9.000M	$9.000M	$9.000M	$8.000M	$8.000M
YoY Change	6.62%	59.03%	-18.32%	24.03%	41.28%	41.56%	4.05%	45.1%	6.25%	29.73%	-22.92%	50.0%	10.34%	0.0%	-30.95%	13.51%	42.31%	4.0%	-30.56%	24.14%	-12.12%	106.25%	14.29%	133.33%	-64.71%	6.25%	77.78%	12.5%	0.0%	14.29%	-22.22%	0.0%	0.0%	12.5%	0.0%
Total Long-Term Liabilities	$543.6M	$529.5M	$293.0M	$388.0M	$359.0M	$299.0M	$241.0M	$238.0M	$157.0M	$154.0M	$143.0M	$162.0M	$138.0M	$135.0M	$140.0M	$153.0M	$148.0M	$114.0M	$113.0M	$108.0M	$60.00M	$46.00M	$16.00M	$14.00M	$6.000M	$17.00M	$16.00M	$9.000M	$8.000M	$8.000M	$7.000M	$9.000M	$9.000M	$9.000M	$8.000M	$8.000M
YoY Change	2.66%	80.71%	-24.48%	8.08%	20.07%	24.07%	1.26%	51.59%	1.95%	7.69%	-11.73%	17.39%	2.22%	-3.57%	-8.5%	3.38%	29.82%	0.88%	4.63%	80.0%	30.43%	187.5%	14.29%	133.33%	-64.71%	6.25%	77.78%	12.5%	0.0%	14.29%	-22.22%	0.0%	0.0%	12.5%	0.0%
Total Liabilities	$15.18B	$14.51B	$14.23B	$13.67B	$13.13B	$10.48B	$8.421B	$8.449B	$7.348B	$5.508B	$5.398B	$5.365B	$4.902B	$4.755B	$4.809B	$4.563B	$4.804B	$3.681B	$4.007B	$3.641B	$3.127B	$2.972B	$2.216B	$2.052B	$2.000B	$1.946B	$1.924B	$1.450B	$1.342B	$1.192B	$1.187B	$1.167B	$1.130B	$993.0M	$779.0M	$754.0M
YoY Change	4.65%	1.91%	4.13%	4.14%	25.25%	24.45%	-0.33%	14.98%	33.41%	2.04%	0.62%	9.45%	3.09%	-1.12%	5.39%	-5.02%	30.51%	-8.14%	10.05%	16.44%	5.22%	34.12%	7.99%	2.6%	2.77%	1.14%	32.69%	8.05%	12.58%	0.42%	1.71%	3.27%	13.8%	27.47%	3.32%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	59.30M	60.05M	65.52M	67.26M	56.11M	48.89M	44.00M	40.10M shares	37.49M shares	29.25M shares	29.27M shares	26.87M shares	26.61M shares
Diluted Shares Outstanding	59.43M	60.22M	65.67M	67.31M	56.21M	49.02M	44.08M	40.13M shares	37.55M shares	29.33M shares	29.34M shares	26.89M shares	26.62M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.3994 Billion

About WesBanco Inc

WesBanco, Inc. is a bank holding company, which engages in the provision of financial services. The company is headquartered in Wheeling, West Virginia and currently employs 2,321 full-time employees. The firm offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. The firm has two segments: community banking and trust and investment services. The 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. Its banking subsidiary, Wesbanco Bank, Inc., operates more than 190 financial centers in the states of Indiana, Kentucky, Maryland, Ohio, Pennsylvania and West Virginia.

Industry: National Commercial Banks Peers: Atlantic Union Bankshares Corp Banner Corp Columbia Banking System Inc First Financial Bancorp First Merchants Corp Park National Corp PNC Financial Services Group Inc /entities/siclq