Company: WSBC
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030795
Chunk: 34

Company: WESBANCO INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 34
---
,032

    $
    192,113

    Preferred stock dividends

    10,125

    10,125

    10,125

    NET INCOME AVAILABLE TO COMMON SHAREHOLDERS
     
    $
    141,385

    $
    148,907

    $
    181,988

    EARNINGS PER COMMON SHARE

    Basic
     
    $
    2.26

    $
    2.51

    $
    3.03

    Diluted

    2.26

    2.51

    3.02

    AVERAGE COMMON SHARES OUTSTANDING

    Basic

    62,589,406

    59,303,210

    60,047,177

    Diluted

    62,653,557

    59,427,989

    60,215,374

    DIVIDENDS DECLARED PER COMMON SHARE
     
    $
    1.45

    $
    1.41

    $
    1.37

See Notes to Consolidated Financial Statements.

72

WESBANCO, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

    For the Years Ended December 31,

    (in thousands)
     
    2024

    2023

    2022

    Net income
     
    $
    151,510

    $
    159,032

    $
    192,113

    Debt securities available-for-sale:

    Net change in unrealized gains (losses) on debt securities available-for-sale

    12,511

    38,535

    (339,422
    )

    Related income tax effect

    (2,835
    )

    (10,045
    )

    82,253

    Net securities losses reclassified into earnings

    12

    241

    13

    Related income tax effect

    (236
    )

    (58
    )

    (3
    )

    Net effect on other comprehensive income (loss) for the period

    9,452

    28,673

    (257,159
    )

    Defined benefit plans:

    Amortization of net (gain) loss and prior service costs

    (406
    )

    399

    291