Company: WSBC
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030795
Chunk: 35

Company: WESBANCO INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 35
---

    Related income tax effect

    122

    (97
    )

    (70
    )

    Recognition of unrealized gain (loss)

    845

    8,909

    (473
    )

    Related income tax effect

    (203
    )

    (2,161
    )

    115

    Gain on settlement of retired employee accounts

    (2,301
    )

    —

    —

    Related income tax effect

    552

    —

    —

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

    (1,391
    )

    7,050

    (137
    )

    Total other comprehensive income (loss)

    8,061

    35,723

    (257,296
    )

    Comprehensive income (loss)
     
    $
    159,571

    $
    194,755

    $
    (65,183
    )

See Notes to Consolidated Financial Statements.

73

WESBANCO, INC. CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

    For the years ended December 31, 2024, 2023, and 2022

    Common Stock

    (in thousands, except shares and per share amounts)
     
    Preferred StockAmount

    SharesOutstanding

    Amount

    CapitalSurplus

    RetainedEarnings

    TreasuryStock

    AccumulatedOtherComprehensiveGain (Loss)

    DeferredBenefitsforDirectors

    Total

    January 1, 2022
     
    $
    144,484

    62,307,245

    $
    141,834

    $
    1,635,642

    $
    977,765

    $
    (199,759
    )
     
    $
    (5,120
    )
     
    $
    (1,680
    )
     
    $
    2,693,166

    Net income

    —

    —

    —

    —

    192,113

    —

    —

    —

    192,113

    Other comprehensive loss

    —

    —

    —

    —

    —

    —

    (257,296
    )

    —

    (257,296
    )

    Comprehensive loss

    (65,183
    )

    Common dividends declared ($1.37