Company: WSBC
Filing Date: 2025-01-22
Form Type: 425
Source: 0000950170-25-007807
Chunk: 21

Company: WESBANCO INC
Filing Date: 2025-01-22
Form: 425
Chunk 21
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.0%) Net securities gains/(losses) 61 (93.1%) (91.0%) Net gains/(losses) on OREO & other assets 193 (56.6%) (180.8%) Other income 5,695 61.7% 81.1% Total non-interest income $36,388 21.0% 22.9% • Non-interest income increased year-over-year reflecting growth in net swap fee and valuation income, trust fees, and service charges on deposits, which include new products and services and treasury management fees • Gross swap fees were $1.3 million, compared to $2.2 million in the prior year ▪ Fair market valuation gain of $1.9 million, as compared to a $2.5 million loss last year • Service charges on deposits reflect fee income from new products and services and treasury management, as well as increased general consumer spending • Trust fees reflect organic growth and market valuation changes • Other fee income included a $2.3 million from the transfer of certain liabilities for future pension payments to a third-party insurance company 10 Fee income increased $6.3 million, or 21%, year-over-year Note: OREO = other real estate owned; AUM = assets under management; securities account values include annuities Q4 2024 Non-Interest Income ©2025 WesBanco Inc. | All rights reserved

Quarter Ending % H / (L) % H / (L) ($000s) 12/31/24 12/31/23 09/30/24 Salaries and wages $45,638 1.0% 1.7% Employee benefits 11,856 3.9% 2.9% Net occupancy 5,999 (6.5%) (3.6%) Equipment and software 10,681 10.7% 5.2% Marketing 2,531 (14.9%) (15.0%) FDIC insurance 3,640 8.0% 1.0% Amortization of intangible assets 2,034 (9.3%) (0.9%) Other operating expenses 18,079 (1.1%) 1.7% Sub-total non-interest expense $100,458 1.0% 1.3% Restructuring & merger-related 646 na (67.3%) Total non-interest expense $101,104 1.6% (0