WesBanco Announces Strong Q4 Earnings, Exceeding Expectations
WesBanco Inc. (WSBC) reported fourth-quarter profit of $49.6 million, translating to earnings per share of 70 cents. Excluding merger-related costs, adjusted earnings reached 71 cents per share, surpassing analyst estimates of 54 cents per share.
The bank's revenue stood at $250 million during the quarter, with net interest revenue of $162.9 million, both exceeding market expectations. For the full year, WesBanco achieved a profit of $151.5 million or $2.26 per share, while revenue amounted to $606.2 million.