WesBanco Reports Strong Q2 2025 Earnings Growth

WesBanco ( (WSBC) ) has released its Q2 earnings. Here is a breakdown of the information WesBanco presented to its investors.

WesBanco, Inc. is a diversified, multi-state bank holding company based in Wheeling, West Virginia, offering a wide range of financial services including retail and commercial banking, trust, brokerage, wealth management, and insurance services across its eight-state footprint.

In its second quarter of 2025 financial results, WesBanco reported a significant increase in net income, reaching $54.9 million, up from $26.4 million in the same period last year. This growth was supported by a successful customer data systems conversion following the acquisition of Premier Financial Corp. (PFC), which also contributed to a net interest margin of 3.59%.

Key financial highlights include a 53.6% year-over-year increase in total loans to $18.8 billion and a 57.5% rise in total deposits to $21.2 billion, driven by the PFC acquisition and organic growth. The company’s net interest income surged by 85.9% to $216.8 million, while non-interest income grew by 40.2% to $44.0 million. Additionally, WesBanco’s efficiency ratio improved to 55.5%, reflecting enhanced operational leverage and cost management.

Despite the positive financial performance, the company faced increased non-interest expenses, primarily due to restructuring and merger-related costs associated with the PFC acquisition. However, WesBanco maintained strong credit quality metrics, with low levels of non-performing assets and loans past due.

Looking ahead, WesBanco’s management remains focused on leveraging the benefits of the PFC acquisition to enhance shareholder value and strengthen customer relationships, while continuing to drive operational excellence and growth across its markets.