WesBanco Reports Strong Financial Performance for Fourth Quarter 2025
In its latest announcement, WesBanco, Inc. revealed impressive financial results for the fourth quarter of 2025. The diversified multi-state bank holding company, listed on Nasdaq under the ticker WSBC, reported net income available to common shareholders hitting $78.2 million, or $0.81 per diluted share. This marks a significant increase from $47.1 million or $0.70 per diluted share during the same period last year. The quarterly results were bolstered by the inclusion of $8 million in dividends and redemption premium associated with the Series A preferred stock, which was redeemed in mid-November 2025.
For the year ended December 31, 2025, WesBanco recorded total annual net income of $202.6 million, equating to $2.23 per diluted share. This compares closely to the prior year, where net income was $141.4 million, or $2.26 per diluted share. Factors affecting this year's performance included a provision for credit losses stemming from the recent acquisition of Premier Financial Corp ("PFC"), which was completed on February 28, 2025.
The bank also reported steady growth in total deposits, which soared 53.3% year-over-year, reaching $21.7 billion. This remarkable increase was a result of both organic growth and the acquisition of PFC, contributing $6.9 billion to the deposit growth. During the fourth quarter alone, total deposits rose by 7.2% compared to the previous quarter, fueled by substantial inflows in demand and money market accounts.
Total loans experienced an annualized increase of 6.2% from the prior quarter, amounting to $19.2 billion by the end of December. This performance was driven by organic growth of 5.2% combined with an inflow of $5.9 billion from PFC. Despite this growth, WesBanco recorded notable payoffs in commercial real estate loans, totaling approximately $415 million for the quarter and $905 million over the year.
WesBanco's net interest margin improved to 3.61%, reflecting an increase of 58 basis points year-over-year. The bank noted that this increase was primarily due to heightened yields from earning assets and decreasing funding costs. The efficiency ratio also showcased improvement, now standing at 51.6%. This ended a year of successful operational reorganization following the PFC acquisition, with a keen focus on controlling expenses and achieving positive operational leverage.
In discussing the overall results, Jeff Jackson, President and CEO of WesBanco, emphasized the bank's methodical approach towards growth and effective execution strategies. He stated, "2025 was another year of disciplined growth and strong execution for WesBanco, as we continued our transformation into a regional financial services partner through our successful acquisition and integration of Premier Financial and its customers."
The balance sheet of WesBanco reflected robust growth, with total assets growing by 48.2% year-over-year to reach $27.7 billion. This included a substantial portfolio of loans and a heap of securities supporting their financial strategy.
The bank maintained a strong capital position, highlighting that its Tier I leverage ratio was at 9.42%, and its Tier I risk-based capital ratio stood at 11.38% by year's end, well above regulatory standards. WesBanco remains confident about its ability to create value for its customers and stakeholders, with a clear focus on sustainable growth.
Alongside the impressive financial highlights, WesBanco is set to host a conference call on January 28, 2026, allowing stakeholders to discuss these results in detail. Interested participants can join the call or access the live webcast through the company’s official website. Overall, the fourth-quarter results of WesBanco exemplify the bank's strong financial health and strategic direction as it continues to expand its service offerings in the banking sector.
For the year ended December 31, 2025, WesBanco recorded total annual net income of $202.6 million, equating to $2.23 per diluted share. This compares closely to the prior year, where net income was $141.4 million, or $2.26 per diluted share. Factors affecting this year's performance included a provision for credit losses stemming from the recent acquisition of Premier Financial Corp ("PFC"), which was completed on February 28, 2025.
The bank also reported steady growth in total deposits, which soared 53.3% year-over-year, reaching $21.7 billion. This remarkable increase was a result of both organic growth and the acquisition of PFC, contributing $6.9 billion to the deposit growth. During the fourth quarter alone, total deposits rose by 7.2% compared to the previous quarter, fueled by substantial inflows in demand and money market accounts.
Total loans experienced an annualized increase of 6.2% from the prior quarter, amounting to $19.2 billion by the end of December. This performance was driven by organic growth of 5.2% combined with an inflow of $5.9 billion from PFC. Despite this growth, WesBanco recorded notable payoffs in commercial real estate loans, totaling approximately $415 million for the quarter and $905 million over the year.
WesBanco's net interest margin improved to 3.61%, reflecting an increase of 58 basis points year-over-year. The bank noted that this increase was primarily due to heightened yields from earning assets and decreasing funding costs. The efficiency ratio also showcased improvement, now standing at 51.6%. This ended a year of successful operational reorganization following the PFC acquisition, with a keen focus on controlling expenses and achieving positive operational leverage.
In discussing the overall results, Jeff Jackson, President and CEO of WesBanco, emphasized the bank's methodical approach towards growth and effective execution strategies. He stated, "2025 was another year of disciplined growth and strong execution for WesBanco, as we continued our transformation into a regional financial services partner through our successful acquisition and integration of Premier Financial and its customers."
The balance sheet of WesBanco reflected robust growth, with total assets growing by 48.2% year-over-year to reach $27.7 billion. This included a substantial portfolio of loans and a heap of securities supporting their financial strategy.
The bank maintained a strong capital position, highlighting that its Tier I leverage ratio was at 9.42%, and its Tier I risk-based capital ratio stood at 11.38% by year's end, well above regulatory standards. WesBanco remains confident about its ability to create value for its customers and stakeholders, with a clear focus on sustainable growth.
Alongside the impressive financial highlights, WesBanco is set to host a conference call on January 28, 2026, allowing stakeholders to discuss these results in detail. Interested participants can join the call or access the live webcast through the company’s official website. Overall, the fourth-quarter results of WesBanco exemplify the bank's strong financial health and strategic direction as it continues to expand its service offerings in the banking sector.
Topics Financial Services & Investing）
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