WesBanco First Quarter 2025 Financial Results Exceed Expectations
Earnings Per Share Surpass $1.25, Sales Growth Beats Pre-COVID Levels Petersburg, WV – WesBanco Corporation, a leading community bank holding company headquartered in Petersburg, WV, announced today its financial results for the first quarter of 2025. On a quarterly basis, total loans grew by 11%, driven by a strong demand for mortgage products and commercial lending. Deposits also increased by 8% as customers took advantage of WesBanco’s expanded online banking capabilities and convenient mobile app. Net interest income rose 13% year-over-year, while noninterest income remained steady at $4.5 million. Operating expenses improved slightly compared to the same period last year. “Our team has worked tirelessly to deliver exceptional customer service and create long-term value for our shareholders,” said Paul Schneider, President and CEO of WesBanco Corporation. “We’re confident that our strategic initiatives will continue to drive growth and profitability in the years ahead.” The bank’s total risk-based capital ratio stood at 12.52%, exceeding regulatory requirements. WesBanco’s board of directors declared a quarterly dividend of $0.20 per share, payable on June 19, 2025, to shareholders of record as of June 3, 2025. We are committed to maintaining our position as a leading community bank in the region while driving growth and profitability through strategic investments and focused customer service. The company’s full financial report is available on the investor relations section of its website at wesbanco.com.