Company: WSBC
Filing Date: 2025-01-22
Form Type: 425
Source: 0000950170-25-007807
Chunk: 22

Company: WESBANCO INC
Filing Date: 2025-01-22
Form: 425
Chunk 22
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.1%) Focused on efficiency gains to support positive operating leverage Q4 2024 Non-Interest Expense • Non-interest expense, excluding merger and restructuring charges, increased just 1% year-over-year, reflecting company-wide efficiency efforts ▪ The year-over-year increase was primarily due to equipment and software expense • Equipment and software expense increased year-over-year due to the impact of the prior year ATM upgrades, which were phased in throughout the prior year • FDIC insurance increased due to an increase in the minimum rate for all banks • Salaries and wages increased primarily due to mid-year merit increases offset somewhat by lower full-time equivalent employees 11 ©2025 WesBanco Inc. | All rights reserved

Favorable asset quality measures compared to peer bank group Note: financial data as of quarter ending for dates specified; peer bank group includes all U.S. banks with total assets of $10B to $25B from S&P Capital IQ (as of 1/13/2025) and represent simple averages except criticized & classified loans as % of total loans which is a weighted average 0.16% 0.19% 0.20% 0.17% 0.22% 0.33% 0.36% 0.38% 0.44% 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 WSBC $10-25B Banks Non-Performing Assets as % of Total Assets 0.06% 0.20% 0.07% 0.05% 0.13% 0.15% 0.19% 0.18% 0.20% 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 WSBC $10-25B Banks Net Charge-Offs as % of Average Loans (Annualized) 1.12% 1.09% 1.11% 1.13% 1.10% 1.17% 1.23% 1.19% 1.21% 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 WSBC $10-25B Banks Allowance for Credit