Wesbanco Pref Share WSBCP 6.75 Perp 11/15/25 | 10-Q: FY2025 Q3 Revenue: USD 261.58 M

Revenue: As of FY2025 Q3, the actual value is USD 261.58 M.

EPS: As of FY2025 Q3, the actual value is USD 0.84.

EBIT: As of FY2025 Q3, the actual value is USD -113.41 M.

Segment Revenue

• Commercial Real Estate: Total commercial real estate loans amounted to $10,755,370 thousand as of September 30, 2025, compared to $7,326,681 thousand as of December 31, 2024.
• Commercial and Industrial: Loans totaled $2,771,906 thousand as of September 30, 2025, up from $1,787,277 thousand as of December 31, 2024.
• Residential Real Estate: Loans were $3,928,469 thousand as of September 30, 2025, compared to $2,520,086 thousand as of December 31, 2024.

Operational Metrics

• Net Income: For the three months ended September 30, 2025, net income was $83,573 thousand, compared to $37,272 thousand for the same period in 2024.
• Provision for Credit Losses: The provision for credit losses was $2,082 thousand for the three months ended September 30, 2025, compared to $4,798 thousand for the same period in 2024.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities was $195,506 thousand for the nine months ended September 30, 2025, compared to $143,573 thousand for the same period in 2024.
• Investing Activities: Net cash provided by investing activities was $144,469 thousand for the nine months ended September 30, 2025, compared to net cash used of -$762,867 thousand for the same period in 2024.

Unique Metrics

• Non-Interest Income: Total non-interest income for the three months ended September 30, 2025, was $44,864 thousand, compared to $29,612 thousand for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: Wesbanco completed its acquisition of Premier Financial Corp. on February 28, 2025, which added approximately $7.9 billion in assets, including $5.9 billion in portfolio loans, enhancing its market share in Ohio and expanding into new markets in northwestern Ohio and Michigan.
• Non-Core Business: The company recorded merger-related expenses of $4.0 million and $57.4 million for the three and nine months ended September 30, 2025, respectively, associated with the PFC acquisition.