Company: WSBC
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030795
Chunk: 178

Company: WESBANCO INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 7
Chunk 178
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,062
    )

    Average tangible assets
     
    $
    17,001,153

    $
    16,131,443

    $
    15,743,479

    Return on average tangible assets

    0.87
    %

    0.97
    %

    1.21
    %

    Efficiency ratio:

    Non-interest expense
     
    $
    401,871

    $
    390,002

    $
    356,966

    Less: restructuring and merger-related expense

    (6,400
    )

    (3,830
    )

    (1,723
    )

    Non-interest expense excluding restructuring and merger-related expense

    395,471

    386,172

    355,243

    Net interest income on a fully-taxable equivalent basis

    483,016

    486,343

    479,315

    Non-interest income

    127,983

    120,447

    117,391

    Net interest income on a fully-taxable equivalent basis plus non-interest income
     
    $
    610,999

    $
    606,790

    $
    596,706

    Efficiency ratio

    64.73
    %

    63.64
    %

    59.53
    %

    Net income per common shareholders, excluding after-tax restructuring and merger-related expenses:

    Net income available to common shareholders
     
    $
    141,385

    $
    148,907

    $
    181,988

    Add: after-tax restructuring and merger-related expenses (1)

    5,056

    3,026

    1,361

    Net income per common shareholders, excluding after-tax restructuring and merger-related expenses
     
    $
    146,441

    $
    151,933

    $
    183,349

33

    For the years ended December 31,

    (dollars in thousands, except per share amounts)
     
    2024

    2023

    2022

    Net income per common share - diluted, excluding after-tax restructuring and merger-related expenses:

    Net income per common share - diluted
     
    $
    2.26

    $
    2.51

    $
    3.02

    Add: