The bank maintains a conservative capital position with an equity-to-assets ratio of 0.15 as of 2026Q1, though the $24.1 billion investment securities portfolio warrants scrutiny for potential interest rate sensitivity.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 3.07B | 204.86M | 780.73M | 2.79B | 2.94B | 4.26B | 2.88B | 2.63B | 2.28B | 1.39B | 1.37B | 1.5B | 1.01B | 1.03B | 1.15B | 1.16B | 79.14M | 82.87M | 141.17M | 130.22M | 96.61M | 110.61M | 97.06M | 91.21M | 81.08M | 82.28M | 73.42M | 71.8M | 68.2M | 161.3M | 70M |
| Cash & Due from Banks | 214.45M | 204.86M | 568.14M | 595.38M | 408.41M | 1.25B | 905.45M | 234.8M | 169.19M | 117.57M | 128.17M | 86.69M | 94M | 95.55M | 125.61M | 140.32M | 79.14M | 82.87M | 141.17M | 130.22M | 96.61M | 110.61M | 97.06M | 91.21M | 81.08M | 82.28M | 73.42M | 71.8M | 68.2M | 161.3M | 70M |
| Short Term Investments | 0 | 0 | 212.59M | 2.19B | 2.53B | 3.01B | 1.98B | 2.39B | 2.11B | 1.27B | 1.24B | 1.41B | 917.42M | 934.39M | 1.02B | 1.02B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 24.13B | 24.42B | 15.95B | 14.93B | 14.38B | 13.67B | 13.49B | 13.52B | 10.75B | 8.59B | 8.53B | 7.45B | 5.56B | 5.39B | 5.28B | 4.8B | 4.66B | 4.68B | 4.49B | 4.66B | 3.62B | 3.9B | 3.63B | 3.11B | 2.99B | 2.28B | 2.12B | 2.07B | 2.03B | 1.95B | 1.54B |
| Investments Growth % | 155.74% | 53.15% | 6.82% | 3.81% | 5.22% | 1.3% | -0.17% | 25.72% | 25.19% | 0.65% | 14.56% | 33.98% | 3.21% | 2% | 10.02% | 2.9% | -0.38% | 4.19% | -3.54% | 28.83% | -7.34% | 7.47% | 16.82% | 3.97% | 31.28% | 7.57% | 2.19% | 1.82% | 4.29% | 27% | 21.82% |
| Long-Term Investments | 94.48B | 24.42B | 15.74B | 12.74B | 11.85B | 10.66B | 11.52B | 11.12B | 8.64B | 7.33B | 7.29B | 6.04B | 4.64B | 4.45B | 4.26B | 3.78B | 4.66B | 4.68B | 4.49B | 4.66B | 3.62B | 3.9B | 3.63B | 3.11B | 2.99B | 2.28B | 2.12B | 2.07B | 2.03B | 1.95B | 1.54B |
| Accounts Receivables | 0 | 0 | 78.32M | 77.44M | 68.52M | 60.84M | 66.79M | 43.65M | 38.85M | 29.73M | 28.3M | 25.76M | 18.48M | 18.96M | 19.35M | 19.27M | 20.54M | 20.05M | 19.97M | 23.68M | 19.18M | 20.43M | 18.6M | 18.25M | 20.02M | 16.29M | 15.72M | 15.7M | 14.8M | 15.6M | 11.7M |
| Goodwill & Intangibles | 1.72B | 1.72B | 1.12B | 1.13B | 1.14B | 1.15B | 1.16B | 1.15B | 918.85M | 589.26M | 593.19M | 490.89M | 319.51M | 321.43M | 324.46M | 283.15M | 20.54M | 20.05M | 19.97M | 23.68M | 19.18M | 20.43M | 83.92M | 18.25M | 20.02M | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 1.72B | 1.58B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.07B | 861.88M | 573.95M | 573.8M | 480.55M | 312.1M | 312.1M | 312.85M | 274.06M | 0 | 0 | 0 | 0 | 0 | 0 | 73.76M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 141.1M | 27.25M | 35.51M | 44.59M | 54.87M | 66.33M | 80.43M | 56.97M | 15.32M | 19.38M | 10.34M | 7.41M | 9.33M | 11.62M | 9.09M | 20.54M | 20.05M | 19.97M | 23.68M | 19.18M | 20.43M | 10.16M | 18.25M | 20.02M | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 251.32M | 263.24M | 219.08M | 233.57M | 220.89M | 229.02M | 249.42M | 261.01M | 166.93M | 130.72M | 133.3M | 112.2M | 93.14M | 93.16M | 88.87M | 82.2M | 85.93M | 89.6M | 93.69M | 94.14M | 67.4M | 64.71M | 56.67M | 53.23M | 55.73M | 50.25M | 53.15M | 56.2M | 48M | 45.1M | 32.7M |
| Other Assets | 1.07B | 1.1B | 746.13M | 743.59M | 710.48M | 565.66M | 547.01M | 515.28M | 413.43M | 361.05M | 375.7M | 306.73M | 212.37M | 229.37M | 239.71M | 211.18M | 225.68M | 234.06M | 205.36M | 200.75M | 153.7M | 176.23M | 123.92M | 116.1M | 91.87M | 48.26M | 50.79M | 54.3M | 77.2M | 38.7M | 27.3M |
| Total Current Assets | 319.74M | 311.51M | 859.05M | 2.87B | 3.01B | 4.33B | 2.95B | 2.67B | 2.32B | 1.41B | 1.4B | 1.52B | 1.03B | 1.05B | 1.17B | 1.18B | 99.67M | 102.92M | 161.14M | 153.9M | 115.78M | 131.03M | 115.66M | 109.46M | 101.11M | 98.56M | 89.14M | 87.5M | 83M | 176.9M | 81.7M |
| Total Non-Current Assets | 27.16B | 27.38B | 17.83B | 14.85B | 13.93B | 12.6B | 13.48B | 13.05B | 10.14B | 8.41B | 8.39B | 6.95B | 5.27B | 5.1B | 4.91B | 4.36B | 5.26B | 5.29B | 5.06B | 5.23B | 3.98B | 4.29B | 3.9B | 3.34B | 3.2B | 2.38B | 2.22B | 2.18B | 2.16B | 2.03B | 1.6B |
| Total Assets | 27.48B | 27.7B | 18.68B | 17.71B | 16.93B | 16.93B | 16.43B | 15.72B | 12.46B | 9.82B | 9.79B | 8.47B | 6.3B | 6.14B | 6.08B | 5.54B | 5.36B | 5.4B | 5.22B | 5.38B | 4.1B | 4.42B | 4.01B | 3.45B | 3.3B | 2.47B | 2.31B | 2.27B | 2.24B | 2.21B | 1.68B |
| Asset Growth % | 149.21% | 48.23% | 5.49% | 4.61% | 0.03% | 3.05% | 4.49% | 26.18% | 26.92% | 0.26% | 15.59% | 34.52% | 2.47% | 1.09% | 9.8% | 3.26% | -0.66% | 3.36% | -3.01% | 31.38% | -7.33% | 10.24% | 16.44% | 4.48% | 33.25% | 7.11% | 1.78% | 1.2% | 1.41% | 31.81% | 22.31% |
| Return on Assets (ROA) | 1.16% | 0.96% | 0.83% | 0.92% | 1.13% | 1.45% | 0.76% | 1.13% | 1.29% | 0.96% | 0.95% | 1.09% | 1.12% | 1.05% | 0.85% | 0.8% | 0.66% | 0.45% | 0.72% | 0.94% | 0.92% | 1.01% | 1.02% | 1.07% | 1.21% | 1.21% | 1.18% | 1.22% | 1.27% | 1.3% | 1.7% |
| Accounts Payable | 0 | 0 | 14.23M | 11.12M | 4.59M | 1.9M | 4.31M | 8.08M | 4.63M | 3.18M | 2.2M | 1.72M | 1.62M | 2.35M | 3.86M | 4.97M | 6.56M | 9.21M | 10.49M | 12.96M | 10.17M | 8.93M | 6.9M | 5.79M | 7.94M | 7.31M | 8.44M | 6.2M | 6.7M | 7.2M | 5.8M |
| Total Debt | 1.4B | 1.66B | 1.47B | 1.73B | 1.12B | 458.67M | 983.24M | 1.9B | 1.83B | 1.3B | 1.33B | 1.23B | 410M | 296.14M | 368.02M | 471.14M | 547.02M | 796.09M | 1.01B | 846.34M | 649.11M | 944.63M | 872.1M | 609.92M | 518.96M | 279.13M | 318.63M | 173.5M | 134.7M | 120.2M | 92.8M |
| Net Debt | 1.18B | 1.46B | 903.24M | 1.14B | 713.06M | -792.68M | 77.8M | 1.66B | 1.66B | 1.18B | 1.2B | 1.14B | 316M | 200.59M | 242.41M | 330.81M | 467.89M | 713.22M | 864.63M | 716.12M | 552.5M | 834.02M | 775.04M | 518.71M | 437.87M | 196.86M | 245.22M | 101.6M | 66.5M | -41.1M | 22.8M |
| Long-Term Debt | 1.28B | 358.53M | 1.28B | 1.63B | 986.4M | 316.78M | 741.29M | 1.62B | 1.24B | 1.11B | 1.13B | 1.15B | 329.3M | 145.65M | 225.02M | 274.25M | 359.64M | 607.57M | 708M | 516.82M | 446.55M | 700.33M | 571.58M | 609.92M | 518.96M | 279.13M | 159.32M | 0 | 0 | 0 | 0 |
| Short-Term Debt | 114.07M | 1.27B | 192.07M | 105.89M | 135.07M | 141.89M | 241.95M | 282.36M | 581.04M | 184.81M | 199.4M | 81.4M | 80.7M | 150.5M | 143M | 196.89M | 187.38M | 188.52M | 297.81M | 329.51M | 202.56M | 244.3M | 300.52M | 0 | 0 | 0 | 159.32M | 173.5M | 134.7M | 120.2M | 92.8M |
| Other Liabilities | 22.01B | 22B | 274.69M | 264.52M | 248.09M | 207.52M | 251.94M | 216.26M | -181.51M | 76.76M | 74.44M | 50.81M | 47.77M | 37.15M | 48.37M | 32.26M | 28.59M | 29.1M | 42.46M | 36.77M | 26.44M | 25M | 36.28M | 28.77M | 32.56M | 16.35M | -145.8M | 6.3M | 17.1M | 16.2M | 8.9M |
| Total Current Liabilities | 114.07M | 1.27B | 14.34B | 13.29B | 13.27B | 13.71B | 12.68B | 11.29B | 9.42B | 7.23B | 7.24B | 6.15B | 5.13B | 5.22B | 5.09B | 4.6B | 4.37B | 4.17B | 3.81B | 4.25B | 3.21B | 3.28B | 3.03B | 2.49B | 2.41B | 1.92B | 2.04B | 1.99B | 1.93B | 1.91B | 1.44B |
| Total Non-Current Liabilities | 23.3B | 22.4B | 1.55B | 1.89B | 1.23B | 524.3M | 993.24M | 1.83B | 1.06B | 1.19B | 1.21B | 1.2B | 377.07M | 182.79M | 273.39M | 306.51M | 388.23M | 636.67M | 750.46M | 553.6M | 472.99M | 725.33M | 607.87M | 638.7M | 551.51M | 295.48M | 13.52M | 6.3M | 17.1M | 16.2M | 8.9M |
| Total Liabilities | 23.41B | 23.66B | 15.89B | 15.18B | 14.51B | 14.23B | 13.67B | 13.13B | 10.48B | 8.42B | 8.45B | 7.35B | 5.51B | 5.4B | 5.36B | 4.9B | 4.75B | 4.81B | 4.56B | 4.8B | 3.68B | 4.01B | 3.64B | 3.13B | 2.96B | 2.22B | 2.05B | 2B | 1.95B | 1.92B | 1.45B |
| Total Equity | 4.07B | 4.03B | 2.79B | 2.53B | 2.43B | 2.69B | 2.76B | 2.59B | 1.98B | 1.4B | 1.34B | 1.12B | 788.19M | 746.6M | 714.18M | 633.79M | 606.86M | 588.72M | 659.37M | 580.32M | 416.88M | 415.23M | 370.18M | 318.44M | 337.82M | 258.2M | 258.51M | 269.7M | 296.5M | 288M | 227.5M |
| Equity Growth % | 149.19% | 44.5% | 10.15% | 4.38% | -9.9% | -2.31% | 6.28% | 31.08% | 41.82% | 4.02% | 19.54% | 42.37% | 5.57% | 4.54% | 12.68% | 4.44% | 3.08% | -10.72% | 13.62% | 39.21% | 0.4% | 12.17% | 16.25% | -5.74% | 30.84% | -0.12% | -4.15% | -9.04% | 2.95% | 26.59% | 33.82% |
| Equity / Assets (Capital Ratio) | 14.81% | 14.56% | 14.93% | 14.3% | 14.33% | 15.91% | 16.78% | 16.5% | 15.88% | 14.21% | 13.7% | 13.25% | 12.52% | 12.15% | 11.75% | 11.45% | 11.32% | 10.91% | 12.63% | 10.78% | 10.17% | 9.39% | 9.23% | 9.24% | 10.25% | 10.43% | 11.19% | 11.88% | 13.22% | 13.02% | 13.56% |
| Return on Equity (ROE) | 8% | 6.54% | 5.69% | 6.41% | 7.5% | 8.89% | 4.56% | 6.95% | 8.48% | 6.9% | 7.03% | 8.46% | 9.12% | 8.75% | 7.35% | 7.06% | 5.96% | 3.84% | 6.15% | 8.96% | 9.38% | 10.89% | 11.09% | 11.01% | 11.69% | 11.23% | 10.19% | 9.75% | 9.68% | 9.78% | 13.03% |
| Book Value per Share | 42.27 | 44.94 | 44.53 | 42.62 | 40.30 | 41.01 | 40.96 | 46.14 | 40.37 | 31.66 | 33.43 | 29.89 | 26.87 | 25.44 | 26.56 | 23.81 | 22.83 | 22.16 | 24.82 | 27.13 | 19.11 | 18.43 | 18.43 | 15.88 | 16.51 | 14.25 | 13.54 | 13.23 | 14.21 | 14.06 | 14.92 |
| Tangible BV per Share | 24.45 | 25.73 | 26.59 | 23.57 | 21.35 | 23.47 | 23.68 | 25.70 | 21.62 | 18.29 | 18.65 | 16.81 | 15.98 | 14.49 | 14.49 | 13.17 | 22.06 | 21.41 | 24.07 | 26.02 | 18.23 | 17.53 | 14.25 | 14.97 | 15.53 | 14.25 | 13.54 | 13.23 | 14.21 | 14.06 | 14.92 |
| Common Stock | 200.28M | 200.14M | 156.99M | 141.83M | 141.83M | 141.83M | 141.83M | 141.83M | 113.76M | 91.76M | 91.52M | 80.3M | 61.18M | 61.18M | 60.86M | 55.49M | 55.49M | 55.49M | 55.49M | 55.49M | 49.2M | 49.2M | 44.41M | 44.41M | 44.41M | 43.74M | 43.74M | 43.7M | 43.7M | 0 | 0 |
| Additional Paid-in Capital | 2.5B | 2.49B | 1.81B | 1.64B | 1.64B | 1.64B | 1.63B | 1.64B | 1.17B | 684.73M | 680.51M | 516.29M | 244.66M | 244.97M | 241.67M | 191.68M | 191.99M | 192.27M | 193.22M | 190.22M | 123.17M | 122.34M | 61.45M | 52.9M | 52.85M | 58.66M | 59.46M | 60.1M | 60.3M | 0 | 0 |
| Retained Earnings | 1.3B | 1.25B | 1.19B | 1.14B | 1.08B | 977.76M | 831.69M | 824.69M | 737.58M | 645.78M | 597.07M | 549.92M | 504.58M | 460.35M | 419.25M | 388.82M | 361.51M | 340.79M | 344.4M | 336.32M | 316.46M | 300.45M | 281.01M | 263.08M | 246.15M | 230.92M | 218.54M | 208.5M | 198.8M | 187.4M | 170.1M |
| Accumulated OCI | -149.57M | -135.62M | -220.71M | -228.71M | -264.24M | -6.8M | 29.86M | -103K | -38.94M | -32.52M | -27.69M | -21.75M | -20.08M | -13.94M | -7.6M | -2.1M | 131K | 2.95M | -3.18M | 276K | -10.1M | -9M | -3.99M | -3.58M | 2.23M | 1.05M | -1.23M | -8.4M | 3.1M | 0 | 0 |
| Treasury Stock | 0 | 0 | -292.24M | -303M | -308.96M | -199.76M | -25.95M | -9.46M | -274K | 0 | 0 | -2.64M | -2.15M | -5.97M | 0 | -96K | -1.06M | -1.5M | -1.66M | -1.98M | -61.85M | -47.77M | -12.71M | -38.38M | -20.48M | -76.18M | -62.01M | -34.3M | -9.4M | 0 | 0 |
| Preferred Stock | 224.19M | 224.19M | 144.48M | 144.48M | 144.48M | 144.48M | 144.48M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CRE concentration and integration
As reported in recent financial statements, WesBanco's total assets surged from $17.7 billion in 2023Q4 to $27.5 billion by 2026Q1, a trajectory that suggests aggressive inorganic expansion rather than organic loan growth, warranting close scrutiny of the underlying asset quality and integration efficiency.
The rapid increase in the balance sheet size appears to be driven by strategic acquisitions, which have significantly altered the bank's scale. Investors should monitor whether this rapid growth in assets can be effectively managed without diluting the bank's historical credit culture or operational efficiency.
Based on the company's reported figures, the equity-to-assets ratio has remained stable at approximately 0.15 as of 2026Q1, indicating a conservative capital position that provides a meaningful buffer against potential credit volatility or further strategic capital deployment.
Maintaining a capital ratio of 15% suggests that management is prioritizing balance sheet strength over aggressive leverage. This capital cushion appears sufficient to absorb potential shocks from the bank's expanding commercial real estate exposure while supporting ongoing dividend commitments.
According to quarterly data, WesBanco holds $24.1 billion in investment securities against $27.5 billion in total assets as of 2026Q1, reflecting a highly liquid but interest-rate-sensitive balance sheet that relies heavily on the yield of its investment portfolio.
The high concentration of investment securities relative to total assets suggests that the bank's net interest margin is heavily influenced by the duration and repricing characteristics of this portfolio. This structure may limit the bank's ability to rapidly pivot its asset mix in response to changing interest rate environments.
As indicated by the bank's financial disclosures, the heavy reliance on a $24.1 billion investment securities portfolio in 2026Q1 creates a significant duration mismatch risk that could pressure net interest margins if the yield curve remains inverted or shifts unexpectedly.
While the securities portfolio provides liquidity, it also exposes the bank to unrealized losses in a rising rate environment, which may impact the tangible book value. Investors should monitor the duration of these holdings to assess the potential for future margin compression.
Quick answers to the most common questions about buying WSBC stock.
As of 2025, WesBanco, Inc. (WSBC) had total assets of $27.70B including $311.5M in current assets.
WesBanco, Inc. (WSBC) carries total debt of $1.66B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
WesBanco, Inc. (WSBC) has total shareholders' equity (book value) of $4.03B ($44.94 book value per share). Book value represents the net worth of the company belonging to common stock holders.
WesBanco, Inc. (WSBC) reported a current ratio of 0.25x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.