WesBanco Announces Quarterly Cash Dividend for Series A Preferred Stock

WesBanco Declares Quarterly Cash Dividend on Its Preferred Shares



WesBanco, Inc. (NASDAQ: WSBC), a prominent multi-state banking organization, has officially declared a cash dividend for its Series A Perpetual Preferred Stock. This announcement was made by the company's Board of Directors on April 16, 2025, reaffirming WesBanco's commitment to delivering value to its shareholders.

The quarterly cash dividend has been set at $0.421875 per depositary share for the Series A Preferred Stock. This translates to $16.875 per share for each outstanding Series A preferred share. The dividend covers the period from February 15, 2025, up to but not including May 15, 2025. Shareholders of record as of May 1, 2025, will be eligible to receive this dividend, which is scheduled for payment on May 15, 2025.

About WesBanco, Inc.


Established over 150 years ago, WesBanco, Inc. stands as a community-oriented financial services provider. With its headquarters in Wheeling, West Virginia, the company has grown to manage assets totaling more than $27 billion. WesBanco’s scope extends across nine states, where it offers a wide range of services including retail and commercial banking, trust and investment solutions, wealth management, and insurance services.

WesBanco is known for empowering its customers through personalized financial solutions that cater to their individual goals and needs. Following its recent acquisition of Premier Financial Corp, which was completed on February 28, 2025, WesBanco shows ongoing commitment to expanding its service offerings and customer base. This acquisition has further augmented its trust and investment services, which now boasts over $7 billion in assets under management.

The company’s strategy focuses on leveraging the capabilities of a larger financial institution while maintaining a local touch, which has been essential in nurturing productive relationships that foster financial success for its clients.

Financial Health and Shareholder Confidence


The declaration of cash dividends, particularly in a fluctuating economic environment, showcases WesBanco's robust financial health and its dedication to enhancing shareholder confidence. Regular dividend payouts generally signal a company's stability and potential for consistent returns, factors that are highly regarded by investors.

WesBanco's proactive approach in managing its financial strategies amid changing market conditions reflects its resilience and adaptability. By continuing to prioritize shareholder interests through periodic dividends, WesBanco reinforces its status as a reliable investment choice among regional banks.

As a trusted partner in financial solutions, WesBanco remains committed to facilitating pathways for success for the communities and businesses it serves, forging strong connections that contribute to a better quality of life for all stakeholders involved.

For more detailed information, please visit WesBanco's official website or connect with them on social media platforms such as Facebook, LinkedIn, and Instagram.

Topics Financial Services & Investing)

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