# EDGAR Filing Document

**Accession Number:** 0000203596
**File Stem:** 0001193125-25-246889
**Filing Date:** 2025-10
**Character Count:** 138634
**Document Hash:** 0eacdf1c15829f64b88d8fbec46ade0a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-246889.hdr.sgml**: 20251022

**ACCESSION NUMBER**: 0001193125-25-246889

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 35

**CONFORMED PERIOD OF REPORT**: 20251022

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251022

**DATE AS OF CHANGE**: 20251022

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WESBANCO INC
- **CENTRAL INDEX KEY:** 0000203596
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 550571723
- **STATE OF INCORPORATION:** WV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39442
- **FILM NUMBER:** 251410555

**BUSINESS ADDRESS:**
- **STREET 1:** 1 BANK PLAZA
- **CITY:** WHEELING
- **STATE:** WV
- **ZIP:** 26003
- **BUSINESS PHONE:** 3042349000

**MAIL ADDRESS:**
- **STREET 1:** ONE BANK PLZ
- **CITY:** WHEELING
- **STATE:** WV
- **ZIP:** 26003

?xml version='1.0' encoding='ASCII'? 8-K

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549**

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## FORM 8-K

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**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

&nbsp;&nbsp;&nbsp;&nbsp;**Date of Report (Date of earliest event reported):** October 22, 2025<br>

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WESBANCO, INC.

**(Exact name of Registrant as Specified in Its Charter)**

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| | | |
|:---|:---|:---|
| West Virginia | 001-39442 | 55-0571723 |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission File Number)** | **(IRS Employer<br>Identification No.)** |
| 1 Bank Plaza |  |  |
| Wheeling**,** West Virginia |  | 26003 |
| **(Address of Principal Executive Offices)** |  | **(Zip Code)** |

---

**Registrant's Telephone Number, Including Area Code:** 304 234-9000<br>

**Former Name or Former Address, if Changed Since Last Report: Not Applicable**

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:**

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| | | |
|:---|:---|:---|
| **<br>Title of each class** | **Trading<br>Symbol(s)** | **<br>Name of each exchange on which registered** |
| Common Stock $2.0833 Par Value | WSBC | Nasdaq Global Select Market |
| Depositary Shares (each representing 1/40th interest in a share of 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A) | WSBCP | Nasdaq Global Select Market |
| Depositary Shares (each representing 1/40th interest in a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B) | WSBCO | Nasdaq Global Select Market |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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## Item 2.02 Results of Operations and Financial Condition.
Wesbanco, Inc. issued a press release and earnings call presentation today announcing earnings for the three and nine months ended September 30, 2025. The press release is attached as Exhibit 99.1 and the earnings call presentation is attached as Exhibit 99.2 to this report.

Wesbanco, Inc. will host a conference call to discuss the Company's financial results for the third quarter of 2025 on Wednesday, October 23, 2025 at 3:00 p.m. ET.

Interested parties can access the live webcast of the conference call through the Investor Relations section of the Company's website, www.wesbanco.com. Participants can also listen to the conference call by dialing 888-347-6607, 855-669-9657 for Canadian callers, or 1-412-902-4290 for international callers, and asking to be joined into the Wesbanco call. Please log in or dial in at least 10 minutes prior to the start time to ensure a connection.

A replay of the conference call will be available by dialing 877-344-7529, 855-669-9658 for Canadian callers, or 1-412-317-0088 for international callers, and providing the access code of 2433750. The replay will begin at approximately 5:00 p.m. ET on October 23, 2025 and end at 12 a.m. ET on November 6, 2025. An archive of the webcast will be available for one year on the Investor Relations section of the Company's website (www.wesbanco.com).

**Item 9.01 Financial Statements and Exhibits.** 

**(d)** Exhibits:

99.1 - [<u>Press release dated October 22, 2025 announcing earnings for the three and nine months ended September 30, 2025.</u>](wsbc-ex99_1.htm)

99.2 - [<u>Third quarter 2025 earnings conference call presentation</u>](wsbc-ex99_2.htm).

104 – Cover Page Interactive Data File (embedded within the Inline XBRL document).

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

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| | | |
|:---|:---|:---|
|  |  | <u>Wesbanco, Inc.</u><br>(registrant) |
| Date: | October 22, 2025 | ***/s/ Daniel K. Weiss, Jr.*** |
|  |  | Daniel K. Weiss, Jr.<br>Senior Executive Vice President and<br>Chief Financial Officer<br>|

---

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## Exhibit 99.1

# ![img235408680_0.jpg](img235408680_0.jpg)
**WesBanco Announces Third Quarter 2025 Financial Results**

*Highlighted by a net interest margin of 3.53% and deposit growth that fully funded loan growth*

Wheeling, WVa. (October 22, 2025) – WesBanco, Inc. ("WesBanco" or "Company") (Nasdaq: WSBC), a diversified, multi-state bank holding company, today announced net income and related earnings per share for the three months ended September 30, 2025. Net income available to common shareholders for the third quarter of 2025 was $81.0 million, with diluted earnings per share of $0.84, compared to $34.7 million and $0.54 per diluted share, respectively, for the third quarter of 2024. For the nine months ended September 30, 2025, net income was $124.4 million, or $1.39 per diluted share, which reflected the impact of a day one provision for credit losses and other expenses related to the closing of the Premier Financial Corp. ("PFC") acquisition on February 28<sup>th</sup>, compared to $94.3 million, or $1.54 per diluted share, for the 2024 period.

As noted below, WesBanco reported $0.94 of earnings per diluted share, in the third quarter, as compared to $0.56 in the prior year period, when excluding after-tax restructuring and merger-related expenses (non-GAAP measures). On a similar basis and excluding the after-tax day one provision for credit losses on acquired loans, WesBanco reported $2.55 per diluted share, for the nine month period, which was a 58.4% increase compared to $1.61 per diluted share last year (non-GAAP measures).

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | ***For the Three Months Ended September 30,*** | ***For the Three Months Ended September 30,*** | ***For the Three Months Ended September 30,*** | ***For the Three Months Ended September 30,*** | ***For the Nine Months Ended September 30,*** | ***For the Nine Months Ended September 30,*** | ***For the Nine Months Ended September 30,*** | ***For the Nine Months Ended September 30,*** |
|  | ***2025*** | ***2025*** | ***2024*** | ***2024*** | ***2025*** | ***2025*** | ***2024*** | ***2024*** |
| ***(unaudited, dollars in thousands,<br>except per share amounts)*** | ***Net<br>Income*** | ***Diluted<br>Earnings<br>Per Share*** | ***Net<br>Income*** | ***Diluted<br>Earnings<br>Per Share*** | ***Net<br>Income*** | ***Diluted<br>Earnings<br>Per Share*** | ***Net<br>Income*** | ***Diluted<br>Earnings<br>Per Share*** |
| Net income available to common shareholders (GAAP) | $81042 | $0.84 | $34741 | $0.54 | $124401 | $1.39 | $94287 | $1.54 |
| Add: After-tax day one provision for credit losses on acquired loans | - | - | - | - | 46926 | 0.53 | - | - |
| Add: After-tax restructuring and merger-related expenses | 8993 | 0.10 | 1562 | 0.02 | 57235 | 0.63 | 4546 | 0.07 |
| Adjusted net income available to common shareholders (Non-GAAP)(1) | $90035 | $0.94 | $36303 | $0.56 | $228562 | $2.55 | $98833 | $1.61 |
| *(1) See non-GAAP financial measures for additional information relating to the calculation of these items.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of these items.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of these items.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of these items.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of these items.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of these items.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of these items.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of these items.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of these items.* |

---

Financial and operational highlights during the quarter ended September 30, 2025:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Deposit growth fully funded loan growth both year-over-year and sequentially

oTotal deposits increased 53.8% year-over-year to $21.3 billion, reflecting $6.9 billion of deposits from PFC and organic growth of 4.1%, and increased 2.5% annualized over the sequential quarter

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Total loans increased 52.0% year-over-year to $18.9 billion, reflecting organic growth of 4.8% and $5.9 billion of loans from PFC

oCommercial real estate payoffs have totaled approximately $490 million year-to-date and $235 million during the quarter

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Net interest margin of 3.53% increased 58 basis points year-over-year reflecting higher earning asset yields and lower funding costs

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Reflecting the PFC acquisition, market appreciation, and organic growth, WesBanco Trust and Investment Services ("WTIS") assets under management increased to a record $7.7 billion

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Efficiency ratio of 55.1% improved more than 10 percentage points year-over-year and 44 basis points sequentially due to expense synergies generated from the PFC acquisition, as well as a continued focus on expense management and driving positive operating leverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Criticized and classified loans as a percent of total portfolio loans decreased to 3.22%, while key credit quality metrics continued to remain at low levels and in a consistent range through the last five years

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Continuing its commitment to expense management and recognizing the market shift to digital delivery channels, WesBanco implemented the next phase of its financial center optimization strategy by approving the closure of 27 locations in early 2026, pending notification to the appropriate regulatory authorities and customers

"Our third quarter results demonstrate the successful integration of Premier and continued operational discipline. Despite elevated commercial real estate payoffs, we delivered strong loan growth, fully funded by deposit growth, while meaningfully

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# 2
expanding our net interest margin and fee income. Combined with our focus on cost control, these efforts drove positive operating leverage and an improved efficiency ratio in the mid-50s," said Jeff Jackson, President and CEO. "Consistent with our focus on operational efficiency and our commitment to supporting evolving customer banking preferences, we are continuing a strategic optimization of our financial center network. This optimization ensures we remain responsive to how customers choose to bank, while supporting long-term growth and value creation."

**<u>Financial Center Optimization Strategy</u>**

WesBanco's mission is to deliver financial solutions that empower our customers for success, and that starts with optimizing our financial center network to ensure it reflects where and how our customers want to bank. In addition to closures, this strategy also includes refreshing existing locations, opening new banking centers in select locations within our existing footprint, and continuing to enhance our digital banking offerings. After a careful review of numerous factors, WesBanco has made the decision to close 27 locations across its legacy markets, a similar number to those closed during the last three years. Based on customer migration to digital channels and proximity to existing centers, deposit attrition is anticipated to be minimal. Net pre-tax savings of approximately $6 million are expected to be phased-in during the first half of 2026. WesBanco anticipates incurring total non-recurring restructuring charges of approximately $8 million due to the disposition of assets, lease terminations, severance, and other costs associated with the closures, with approximately $7 million recognized during the third quarter. These closures, which are expected to be completed during January 2026, do not include any locations from WesBanco's acquisition of PFC.

**<u>Balance Sheet</u>**

WesBanco's balance sheet, as of September 30, 2025, reflects both the PFC acquisition and organic growth. Total assets increased 48.6% year-over-year to $27.5 billion, including total portfolio loans of $18.9 billion and total securities of $4.4 billion. Total portfolio loans increased 52.0% year-over-year due to acquired PFC loans of $5.9 billion and organic growth of $0.6 billion, driven by the commercial teams. Commercial real estate payoffs have continued to increase and totaled approximately $235 million during the third quarter of 2025 and $490 million year-to-date, more than 2.5 times the prior year-to-date period.

Deposits of $21.3 billion increased 53.8% year-over-year due to acquired PFC deposits of $6.9 billion and organic growth of $0.6 billion, which fully funded year-over-year organic loan growth. On a sequential quarter basis, total deposits increased $130 million due to the efforts of our consumer and business teams more than offsetting the intentional runoff of $50 million of higher cost brokered deposits and less reliance on public funds from PFC. Reflecting the addition of PFC deposits, which included $1.3 billion of certificates of deposit, total demand deposits represented 48% of total deposits, with the non-interest bearing component representing 25%.

**<u>Credit Quality</u>**

As of September 30, 2025, total loans past due, criticized and classified loans, non-performing loans, and non-performing assets as percentages of the loan portfolio and total assets have remained low, from a historical perspective, and within a consistent range through the last five years. As expected, criticized and classified loans as a percent of total portfolio loans decreased 41 basis points from the sequential quarter to 3.22%. Charge-offs, across a variety of loan categories, industries and markets, increased to 0.19% of total loans.

The allowance for credit losses to total portfolio loans at September 30, 2025 was 1.15% of total loans, or $217.7 million. The decrease of $6.2 million from June 30, 2025 was driven by a reduction in PCD loan reserves from a couple of large payoffs and the $5.1 million run off of a qualitative factor established in 2023 to capture elevated interest rate risk, which more than offset increases associated with slightly higher unemployment assumptions and loan growth. Excluded from the allowance for credit losses and related coverage ratio are fair market value adjustments on previously acquired loans representing 1.67% of total portfolio loans.

**<u>Net Interest Margin and Income</u>**

The third quarter margin of 3.53% improved 58 basis points on a year-over-year basis, through a combination of higher loan and securities yields and lower funding costs. Deposit funding costs of 256 basis points for the third quarter of 2025 decreased 29 basis points from the prior year period. When including non-interest bearing deposits, deposit funding costs for the third quarter were 192 basis points.

Net interest income for the third quarter of 2025 was $216.7 million, an increase of $95.6 million, or 78.9% year-over-year, reflecting the impact of the benefits from the PFC acquisition, loan growth, higher loan and securities yields, and lower FHLB borrowing costs. For the nine months ended September 30, 2025, net interest income of $592.0 million increased $240.3 million, or 68.3%, primarily due to the reasons discussed for the three-month period comparison.

**<u>Non-Interest Income</u>**

For the third quarter of 2025, non-interest income of $44.9 million increased $15.3 million, or 51.5%, from the third quarter of 2024 due primarily to the acquisition of PFC. Service charges on deposits increased $3.2 million year-over-year, reflecting

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the addition of PFC, fee income from new products and services and treasury management, and increased general consumer spending. Digital banking fees increased $2.2 million from higher volumes primarily associated with our larger customer base. Reflecting record asset levels, trust fees and net securities brokerage revenue increased $1.5 million and $0.3 million, respectively, due to the addition of PFC wealth clients, market value appreciation, and organic growth. Bank-owned life insurance increased $1.6 million year-over-year due to the addition of PFC. Gross swap fees were $3.2 million in the third quarter, compared to $1.1 million in the prior year period, while fair value adjustments were a negligible gain as compared to negative adjustment of $1.7 million, respectively.

Primarily reflecting the items discussed above, as well as mortgage banking income, non-interest income, for the nine months ended September 30, 2025, increased $31.9 million, or 34.8%, year-over-year to $123.5 million. Mortgage Banking income increased due to an approximate 30% year-over-year increase in residential mortgage originations primarily related to our larger customer base.

**<u>Non-Interest Expense</u>**

Non-interest expense, excluding restructuring and merger-related costs, for the three months ended September 30, 2025 was $144.8 million, a $45.6 million, or 46.0%, increase year-over-year primarily due to the addition of the PFC expense base associated with approximately 900 employees and 70 financial centers. Salaries and wages of $60.6 million and employee benefits expense of $18.0 million increased due to higher staffing levels and higher health insurance costs. Amortization of intangible assets of $8.4 million increased $6.4 million year-over-year due to the core deposit intangible asset that was created from the acquisition of PFC. Restructuring and merger-related expenses of $11.4 million are primarily related to costs associated with the financial center optimization.

Excluding restructuring and merger-related expenses, non-interest expense during the first nine months of 2025 of $404.2 million increased $109.2 million, or 37.0%, compared to the prior year period, due primarily to the expenses described above. Equipment and software expense of $46.5 million reflects the addition of PFC and the additional cost of operating two core systems until the conversion to one platform in mid-May. FDIC insurance expense of $15.5 million increased due to our larger asset size.

**<u>Capital</u>**

WesBanco continues to maintain what we believe are strong regulatory capital ratios, as both consolidated and bank-level regulatory capital ratios are well above the applicable "well-capitalized" standards promulgated by bank regulators and the BASEL III capital standards. On September 10<sup>th</sup>, WesBanco raised $230 million of Series B preferred stock, considered Tier 1 capital, through the issuance of 9,200,000 depositary shares, which are listed on the Nasdaq Global Select Market under the symbol "WSBCO". WesBanco expects to use approximately $150 million of the net proceeds from this offering to redeem in full its outstanding Series A Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock and approximately $50 million of the net proceeds to redeem in full its outstanding 4.0% Fixed-To-Floating Rate Subordinated Notes due September 30, 2030, which were assumed in connection with its acquisition of PFC. The remaining net proceeds will be used for general corporate purposes. At September 30, 2025, Tier I leverage was 9.72%, Tier I risk-based capital ratio was 11.83%, common equity Tier 1 capital ratio ("CET 1") was 10.1%, and total risk-based capital was 14.6%. In addition, the tangible common equity to tangible assets ratio was 7.92%.

**<u>Conference Call and Webcast</u>**

WesBanco will host a conference call to discuss the Company's financial results for the third quarter of 2025 at 3:00 p.m. ET on Thursday, October 23, 2025. Interested parties can access the live webcast of the conference call through the Investor Relations section of the Company's website, www.wesbanco.com. Participants can also listen to the conference call by dialing 888-347-6607, 855-669-9657 for Canadian callers, or 1-412-902-4290 for international callers, and asking to be joined into the WesBanco call. Please log in or dial in at least 10 minutes prior to the start time to ensure a connection.

A replay of the conference call will be available by dialing 877-344-7529, 855-669-9658 for Canadian callers, or 1-412-317-0088 for international callers, and providing the access code of 2433750. The replay will begin at approximately 5:00 p.m. ET on October 23, 2025 and end at 12 a.m. ET on November 6, 2025. An archive of the webcast will be available for one year on the Investor Relations section of the Company's website (www.wesbanco.com).

**<u>Forward-Looking Statements</u>**

Forward-looking statements in this report relating to WesBanco's plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The information contained in this report should be read in conjunction with WesBanco's Form 10-K for the year ended December 31, 2024 and documents subsequently filed by WesBanco with the Securities and Exchange Commission ("SEC") including WesBanco's Form 10-Q for the quarters ended March 31 and June 30, 2025, which are available at the SEC's website, www.sec.gov or at WesBanco's website, www.WesBanco.com. Investors are cautioned that forward-looking statements, which are not historical fact, involve risks and uncertainties, including those detailed in WesBanco's most recent Annual Report on Form 10-K filed with the SEC under "Risk Factors" in Part I, Item 1A. Such statements are subject to

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important factors that could cause actual results to differ materially from those contemplated by such statements, including, without limitation, the expected cost savings and any revenue synergies from the merger of WesBanco and Premier may not be fully realized within the expected timeframes; disruption from the merger of WesBanco and Premier may make it more difficult to maintain relationships with clients, associates, or suppliers; the effects of changing regional and national economic conditions, changes in interest rates, spreads on earning assets and interest-bearing liabilities, and associated interest rate sensitivity; sources of liquidity available to WesBanco and its related subsidiary operations; potential future credit losses and the credit risk of commercial, real estate, and consumer loan customers and their borrowing activities; actions of the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, the SEC, the Financial Institution Regulatory Authority, the Municipal Securities Rulemaking Board, the Securities Investors Protection Corporation, and other regulatory bodies; potential legislative and federal and state regulatory actions and reform, including, without limitation, the impact of the implementation of the Dodd-Frank Act; adverse decisions of federal and state courts; fraud, scams and schemes of third parties; cyber-security breaches; competitive conditions in the financial services industry; rapidly changing technology affecting financial services; marketability of debt instruments and corresponding impact on fair value adjustments; and/or other external developments materially impacting WesBanco's operational and financial performance. WesBanco does not assume any duty to update forward-looking statements.

While forward-looking statements reflect our good-faith beliefs, they are not guarantees of future performance. All forward-looking statements are necessarily only estimates of future results. Accordingly, actual results may differ materially from those expressed in or contemplated by the particular forward-looking statement, and, therefore, you are cautioned not to place undue reliance on such statements. Further, any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events or circumstances, except as required by applicable law.

Statements in this presentation with respect to the benefits of the merger between WesBanco and Premier, the parties' plans, obligations, expectations, and intentions, and the statements with respect to accretion, earn back of tangible book value, tangible book value dilution and internal rate of return, constitute forward-looking statements as defined by federal securities laws. Such statements are subject to numerous assumptions, risks, and uncertainties. Actual results could differ materially from those contained or implied by such statements for a variety of factors including: the expected cost savings and any revenue synergies from the merger may not be fully realized within the expected time frames; disruption from the merger may make it more difficult to maintain relationships with clients, associates, or suppliers; changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of other business strategies; the nature, extent, and timing of governmental actions and reforms; extended disruption of vital infrastructure; and other factors described in WesBanco's 2024 Annual Report on Form 10-K and documents subsequently filed by WesBanco with the Securities and Exchange Commission.

**<u>Non-GAAP Financial Measures</u>**

In addition to the results of operations presented in accordance with Generally Accepted Accounting Principles (GAAP), WesBanco's management uses, and this presentation contains or references, certain non-GAAP financial measures, such as pre-tax pre-provision income, tangible common equity/tangible assets; net income excluding after-tax restructuring and merger-related expenses and excluding after-tax day one provision for credit losses on acquired loans; efficiency ratio; return on average assets; and return on average tangible equity. WesBanco believes these financial measures provide information useful to investors in understanding our operational performance and business and performance trends which facilitate comparisons with the performance of others in the financial services industry. Although WesBanco believes that these non-GAAP financial measures enhance investors' understanding of WesBanco's business and performance, these non-GAAP financial measures should not be considered an alternative to GAAP. The non-GAAP financial measures contained therein should be read in conjunction with the audited financial statements and analysis as presented in the Annual Report on Form 10-K as well as the unaudited financial statements and analyses as presented in the Quarterly Reports on Forms 10-Q for WesBanco and its subsidiaries, as well as other filings that the company has made with the SEC.

**<u>About WesBanco, Inc.</u>**

With over 150 years as a community-focused, regional financial services partner, WesBanco Inc. (NASDAQ: WSBC) and its subsidiaries build lasting prosperity through relationships and solutions that empower our customers for success in their financial journeys. Customers across our nine-state footprint choose WesBanco for the comprehensive range and personalized delivery of our retail and commercial banking solutions, as well as trust, brokerage, wealth management and insurance services, all designed to advance their financial goals. Through the strength of our teams, we leverage large bank capabilities and local focus to help make every community we serve a better place for people and businesses to thrive. Headquartered in Wheeling, West Virginia, WesBanco has $27.5 billion in total assets, with our Trust and Investment Services holding $7.7 billion of assets under management and securities account values (including annuities) of $2.6 billion through our broker/dealer, as of September 30, 2025. Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram.

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SOURCE: WesBanco, Inc.

WesBanco Company Contact:

John H. Iannone

Senior Vice President, Investor Relations

304-905-7021

###

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** |
| **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** |
| *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* |
|  | ***For the Three Months Ended*** | ***For the Three Months Ended*** | ***For the Three Months Ended*** | ***For the Nine Months Ended*** | ***For the Nine Months Ended*** | ***For the Nine Months Ended*** |
| **<u>STATEMENT OF INCOME</u>** | ***September 30,*** | ***September 30,*** | ***September 30,*** | ***September 30,*** | ***September 30,*** | ***September 30,*** |
|  | ***2025*** | ***2024*** | ***% Change*** | ***2025*** | ***2024*** | ***% Change*** |
| **Interest and dividend income** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans, including fees | $**295482** | $184215 | 60.4 | $**803994** | $526550 | 52.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest and dividends on securities: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taxable | **31483** | 17651 | 78.4 | **84797** | 51984 | 63.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tax-exempt | **4692** | 4498 | 4.3 | **13837** | 13640 | 1.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest and dividends on securities | **36175** | 22149 | 63.3 | **98634** | 65624 | 50.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other interest income | **11229** | 7365 | 52.5 | **29872** | 19881 | 50.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total interest and dividend income | **342886** | 213729 | 60.4 | **932500** | 612055 | 52.4 |
| **Interest expense** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest bearing demand deposits | **31351** | 28139 | 11.4 | **91132** | 80654 | 13.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market deposits | **38249** | 19609 | 95.1 | **95672** | 54166 | 76.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings deposits | **9577** | 8246 | 16.1 | **25606** | 23796 | 7.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit | **23554** | 14284 | 64.9 | **63553** | 36513 | 74.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest expense on deposits | **102731** | 70278 | 46.2 | **275963** | 195129 | 41.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank borrowings | **17337** | 17147 | 1.1 | **47056** | 50374 | (6.6) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other short-term borrowings | **766** | 1092 | (29.9) | **2703** | 2662 | 1.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subordinated debt and junior subordinated debt | **5336** | 4070 | 31.1 | **14774** | 12189 | 21.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest expense | **126170** | 92587 | 36.3 | **340496** | 260354 | 30.8 |
| **Net interest income** | **216716** | 121142 | 78.9 | **592004** | 351701 | 68.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provision for credit losses | **2082** | 4798 | (56.6) | **74183** | 19352 | 283.3 |
| Net interest income after provision for credit losses | **214634** | 116344 | 84.5 | **517821** | 332349 | 55.8 |
| **Non-interest income** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Trust fees | **8987** | 7517 | 19.6 | **27342** | 22902 | 19.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Service charges on deposits | **11163** | 7945 | 40.5 | **30233** | 21841 | 38.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital banking income | **7324** | 5084 | 44.1 | **20053** | 14828 | 35.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net swap fee and valuation income/(loss) | **3231** | (627) | 615.3 | **4937** | 2712 | 82.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net securities brokerage revenue | **2961** | 2659 | 11.4 | **9010** | 7808 | 15.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank-owned life insurance | **3765** | 2173 | 73.3 | **10643** | 7032 | 51.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortgage banking income | **1898** | 1280 | 48.3 | **5402** | 3042 | 77.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net securities gains | **1210** | 675 | 79.3 | **2302** | 1347 | 70.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net gains/(losses) on other real estate owned and other assets | **329** | (239) | 237.7 | **400** | (51) | 884.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other income | **3996** | 3145 | 27.1 | **13164** | 10135 | 29.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total non-interest income | **44864** | 29612 | 51.5 | **123486** | 91596 | 34.8 |
| **Non-interest expense** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Salaries and wages | **60583** | 44890 | 35.0 | **169314** | 131879 | 28.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Employee benefits | **18040** | 11522 | 56.6 | **49867** | 34284 | 45.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net occupancy | **8819** | 6226 | 41.6 | **24716** | 19158 | 29.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equipment and software | **16310** | 10157 | 60.6 | **46500** | 30622 | 51.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marketing | **2979** | 2977 | 0.1 | **7225** | 7233 | (0.1) |
| &nbsp;&nbsp;&nbsp;&nbsp;FDIC insurance | **5820** | 3604 | 61.5 | **15487** | 10576 | 46.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of intangible assets | **8425** | 2053 | 310.4 | **21853** | 6217 | 251.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Restructuring and merger-related expense | **11383** | 1977 | 475.8 | **72449** | 5755 | NM |
| &nbsp;&nbsp;&nbsp;&nbsp;Other operating expenses | **23829** | 17777 | 34.0 | **69278** | 55044 | 25.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total non-interest expense | **156188** | 101183 | 54.4 | **476689** | 300768 | 58.5 |
| Income before provision for income taxes | **103310** | 44773 | 130.7 | **164618** | 123177 | 33.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provision for income taxes | **19737** | 7501 | 163.1 | **32623** | 21296 | 53.2 |
| **Net Income** | **83573** | 37272 | 124.2 | **131995** | 101881 | 29.6 |
| Preferred stock dividends | **2531** | 2531 | - | **7594** | 7594 | - |
| **Net income available to common shareholders** | $**81042** | $34741 | 133.3 | $**124401** | $94287 | 31.9 |
| *Taxable equivalent net interest income* | $***217963*** | $*122338* | 78.2 | $***595682*** | $*355327* | 67.6 |
| **<u>Per common share data</u>** |  |  |  |  |  |  |
| Net income per common share - basic | $**0.84** | $0.54 | 55.6 | $**1.39** | $1.54 | (9.7) |
| Net income per common share - diluted | **0.84** | 0.54 | 55.6 | **1.39** | 1.54 | (9.7) |
| Adjusted net income per common share - diluted, excluding certain items (1)(2) | **0.94** | 0.56 | 67.9 | **2.55** | 1.61 | 58.4 |
| Dividends declared | **0.37** | 0.36 | 2.8 | **1.11** | 1.08 | 2.8 |
| Book value (period end) | **39.02** | 39.73 | (1.8) | **39.02** | 39.73 | (1.8) |
| Tangible book value (period end) (1) | **21.29** | 22.99 | (7.4) | **21.29** | 22.99 | (7.4) |
| Average common shares outstanding - basic | **95995174** | 64488962 | 48.9 | **89593739** | 61143452 | 46.5 |
| Average common shares outstanding - diluted | **96116617** | 64634208 | 48.7 | **89718706** | 61272602 | 46.4 |
| Period end common shares outstanding | **96044222** | 66871479 | 43.6 | **96044222** | 66871479 | 43.6 |
| Period end preferred shares outstanding | **380000** | 150000 | 153.3 | **380000** | 150000 | 153.3 |
| *(1) See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of this item.* |  |  |  |  |
| *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* | *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* | *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* | *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* | *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* |  |  |
| *NM - Not Meaningful* | *NM - Not Meaningful* | *NM - Not Meaningful* | *NM - Not Meaningful* | *NM - Not Meaningful* |  |  |

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# 7

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| | | | |
|:---|:---|:---|:---|
| **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** |
| **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** |
| *(unaudited, dollars in thousands, unless otherwise noted)* | *(unaudited, dollars in thousands, unless otherwise noted)* | *(unaudited, dollars in thousands, unless otherwise noted)* | *(unaudited, dollars in thousands, unless otherwise noted)* |
| **<u>Selected ratios</u>** |  |  |  |
|  | ***For the Nine Months Ended*** | ***For the Nine Months Ended*** | ***For the Nine Months Ended*** |
|  | ***September 30,*** | ***September 30,*** | ***September 30,*** |
|  | ***2025*** | ***2024*** | ***% Change*** |
| Return on average assets | **0.65%** | 0.70% | (7.14)% |
| Return on average assets, excluding certain items (1) | **1.20** | 0.73 | 64.38 |
| Return on average equity | **4.59** | 4.84 | (5.17) |
| Return on average equity, excluding certain items (1) | **8.43** | 5.07 | 66.27 |
| Return on average tangible equity (1) | **9.10** | 8.96 | 1.56 |
| Return on average tangible equity, excluding certain items (1) | **15.79** | 9.37 | 68.52 |
| Return on average tangible common equity (1) | **9.84** | 9.93 | (0.91) |
| Return on average tangible common equity, excluding certain items (1) | **17.07** | 10.38 | 64.45 |
| Yield on earning assets (2) | **5.50** | 5.09 | 8.06 |
| Cost of interest bearing liabilities | **2.75** | 3.10 | (11.29) |
| Net interest spread (2) | **2.75** | 1.99 | 38.19 |
| Net interest margin (2) | **3.50** | 2.94 | 19.05 |
| Efficiency (1) (2) | **56.21** | 66.01 | (14.85) |
| Average loans to average deposits | **89.42** | 89.56 | (0.16) |
| Annualized net loan charge-offs/average loans | **0.12** | 0.11 | 9.09 |
| Effective income tax rate | **19.82** | 17.29 | 14.63 |

---

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | ***For the Three Months Ended*** | ***For the Three Months Ended*** | ***For the Three Months Ended*** | ***For the Three Months Ended*** | ***For the Three Months Ended*** |
|  | ***Sept. 30,*** | ***June 30,*** | ***Mar. 31,*** | ***Dec. 31,*** | ***Sept. 30,*** |
|  | ***2025*** | ***2025*** | ***2025*** | ***2024*** | ***2024*** |
| Return on average assets | **1.17%** | 0.81% | (0.22)% | 1.01% | 0.76% |
| Return on average assets, excluding certain items (1) | **1.30** | 1.28 | 0.96 | 1.02 | 0.79 |
| Return on average equity | **8.25** | 5.76 | (1.45) | 6.68 | 5.09 |
| Return on average equity, excluding certain items (1) | **9.16** | 9.17 | 6.45 | 6.75 | 5.32 |
| Return on average tangible equity (1) | **15.86** | 11.27 | (1.74) | 11.49 | 9.07 |
| Return on average tangible equity, excluding certain items (1) | **17.48** | 17.16 | 11.61 | 11.61 | 9.46 |
| Return on average tangible common equity (1) | **17.26** | 12.06 | (1.89) | 12.56 | 9.97 |
| Return on average tangible common equity, excluding certain items (1) | **19.03** | 18.36 | 12.56 | 12.69 | 10.40 |
| Yield on earning assets (2) | **5.58** | 5.56 | 5.33 | 5.10 | 5.19 |
| Cost of interest bearing liabilities | **2.79** | 2.69 | 2.78 | 2.96 | 3.21 |
| Net interest spread (2) | **2.79** | 2.87 | 2.55 | 2.14 | 1.98 |
| Net interest margin (2) | **3.53** | 3.59 | 3.35 | 3.03 | 2.95 |
| Efficiency (1) (2) | **55.10** | 55.54 | 58.62 | 61.23 | 65.29 |
| Average loans to average deposits | **89.41** | 89.47 | 89.32 | 89.24 | 90.58 |
| Annualized net loan charge-offs and recoveries /average loans | **0.19** | 0.09 | 0.08 | 0.13 | 0.05 |
| Effective income tax rate | **19.10** | 19.10 | (6.96) | 19.87 | 16.75 |
| Trust and Investment Services assets under management (3) | $**7688** | $7205 | $6951 | $5968 | $6061 |
| Broker-dealer securities account values (including annuities) (3) | $**2588** | $2554 | $2359 | $1852 | $1853 |
| *(1) Certain items excluded from the calculation can consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans. See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) Certain items excluded from the calculation can consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans. See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) Certain items excluded from the calculation can consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans. See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) Certain items excluded from the calculation can consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans. See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) Certain items excluded from the calculation can consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans. See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) Certain items excluded from the calculation can consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans. See non-GAAP financial measures for additional information relating to the calculation of this item.* |
| *(2) The yield on earning assets, net interest margin, net interest spread and efficiency ratios are presented on a fully taxable-equivalent (FTE) and annualized basis. The FTE basis adjusts for the tax benefit of income on certain tax-exempt loans and investments. WesBanco believes this measure to be the preferred industry measurement of net interest income and provides a relevant comparison between taxable and non-taxable amounts.* | *(2) The yield on earning assets, net interest margin, net interest spread and efficiency ratios are presented on a fully taxable-equivalent (FTE) and annualized basis. The FTE basis adjusts for the tax benefit of income on certain tax-exempt loans and investments. WesBanco believes this measure to be the preferred industry measurement of net interest income and provides a relevant comparison between taxable and non-taxable amounts.* | *(2) The yield on earning assets, net interest margin, net interest spread and efficiency ratios are presented on a fully taxable-equivalent (FTE) and annualized basis. The FTE basis adjusts for the tax benefit of income on certain tax-exempt loans and investments. WesBanco believes this measure to be the preferred industry measurement of net interest income and provides a relevant comparison between taxable and non-taxable amounts.* | *(2) The yield on earning assets, net interest margin, net interest spread and efficiency ratios are presented on a fully taxable-equivalent (FTE) and annualized basis. The FTE basis adjusts for the tax benefit of income on certain tax-exempt loans and investments. WesBanco believes this measure to be the preferred industry measurement of net interest income and provides a relevant comparison between taxable and non-taxable amounts.* | *(2) The yield on earning assets, net interest margin, net interest spread and efficiency ratios are presented on a fully taxable-equivalent (FTE) and annualized basis. The FTE basis adjusts for the tax benefit of income on certain tax-exempt loans and investments. WesBanco believes this measure to be the preferred industry measurement of net interest income and provides a relevant comparison between taxable and non-taxable amounts.* | *(2) The yield on earning assets, net interest margin, net interest spread and efficiency ratios are presented on a fully taxable-equivalent (FTE) and annualized basis. The FTE basis adjusts for the tax benefit of income on certain tax-exempt loans and investments. WesBanco believes this measure to be the preferred industry measurement of net interest income and provides a relevant comparison between taxable and non-taxable amounts.* |
| *(3) Represents market value at period end, in millions.* | *(3) Represents market value at period end, in millions.* | *(3) Represents market value at period end, in millions.* | *(3) Represents market value at period end, in millions.* | *(3) Represents market value at period end, in millions.* | *(3) Represents market value at period end, in millions.* |

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# 8

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** |
| **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** |
| *(unaudited, dollars in thousands, except shares)* | *(unaudited, dollars in thousands, except shares)* | *(unaudited, dollars in thousands, except shares)* | *(unaudited, dollars in thousands, except shares)* | *(unaudited, dollars in thousands, except shares)* | *(unaudited, dollars in thousands, except shares)* |
|  |  |  |  |  | ***% Change*** |
|  | ***September 30,*** | ***September 30,*** |  | ***December 31,*** | ***December 31, 2024*** |
| **<u>Balance sheets</u>** | ***2025*** | ***2024*** | **% Change** | ***2024*** | ***to September 30, 2025*** |
| **Assets** |  |  |  |  |  |
| Cash and due from banks | $**231814** | $172221 | 34.6 | $142271 | 62.9 |
| Due from banks - interest bearing | **776423** | 448676 | 73.0 | 425866 | 82.3 |
| Securities: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity securities, at fair value | **30374** | 13355 | 127.4 | 13427 | 126.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Available-for-sale debt securities, at fair value | **3268016** | 2228527 | 46.6 | 2246072 | 45.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Held-to-maturity debt securities (fair values of $1,042,503, $1,052,781 and $1,006,817 respectively) | **1150520** | 1162359 | (1.0) | 1152906 | (0.2) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allowance for credit losses - held-to-maturity debt securities | **(181)** | (148) | (22.3) | (146) | (24.0) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net held-to-maturity debt securities | **1150339** | 1162211 | (1.0) | 1152760 | (0.2) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total securities | **4448729** | 3404093 | 30.7 | 3412259 | 30.4 |
| Loans held for sale | **125971** | 22127 | 469.3 | 18695 | 573.8 |
| Portfolio loans: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial real estate | **10755370** | 7206271 | 49.3 | 7326681 | 46.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | **2771906** | 1717369 | 61.4 | 1787277 | 55.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;Residential real estate | **3928469** | 2519089 | 55.9 | 2520086 | 55.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home equity | **1091636** | 796594 | 37.0 | 821110 | 32.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer | **384693** | 212107 | 81.4 | 201275 | 91.1 |
| Total portfolio loans, net of unearned income | **18932074** | 12451430 | 52.0 | 12656429 | 49.6 |
| Allowance for credit losses - loans | **(217666)** | (140872) | (54.5) | (138766) | (56.9) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net portfolio loans | **18714408** | 12310558 | 52.0 | 12517663 | 49.5 |
| Premises and equipment, net | **267521** | 222005 | 20.5 | 219076 | 22.1 |
| Accrued interest receivable | **108865** | 79465 | 37.0 | 78324 | 39.0 |
| Goodwill and other intangible assets, net | **1736073** | 1126050 | 54.2 | 1124016 | 54.5 |
| Bank-owned life insurance | **555104** | 358701 | 54.8 | 360738 | 53.9 |
| Other assets | **553134** | 370273 | 49.4 | 385390 | 43.5 |
| **Total Assets** | $**27518042** | $**18514169** | 48.6 | $**18684298** | 47.3 |
| **Liabilities** |  |  |  |  |  |
| Deposits: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-interest bearing demand | $**5285740** | $3777781 | 39.9 | $3842758 | 37.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest bearing demand | **5025216** | 3667082 | 37.0 | 3771314 | 33.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market | **4901863** | 2347444 | 108.8 | 2429977 | 101.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings deposits | **3141075** | 2381542 | 31.9 | 2362736 | 32.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit | **2930368** | 1663494 | 76.2 | 1726932 | 69.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total deposits | **21284262** | 13837343 | 53.8 | 14133717 | 50.6 |
| Federal Home Loan Bank borrowings | **1275000** | 1175000 | 8.5 | 1000000 | 27.5 |
| Other short-term borrowings | **113501** | 140641 | (19.3) | 192073 | (40.9) |
| Subordinated debt and junior subordinated debt | **358373** | 279251 | 28.3 | 279308 | 28.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | **1746874** | 1594892 | 9.5 | 1471381 | 18.7 |
| Accrued interest payable | **25472** | 16406 | 55.3 | 14228 | 79.0 |
| Other liabilities | **344907** | 263943 | 30.7 | 274691 | 25.6 |
| **Total Liabilities** | **23401515** | 15712584 | 48.9 | 15894017 | 47.2 |
| **Shareholders' Equity** |  |  |  |  |  |
| Preferred stock, no par value; 1,000,000 shares authorized; 150,000 shares 6.75% non-cumulative perpetual preferred stock, Series A, liquidation preference $150.0 million, issued and outstanding, respectively | **144484** | 144484 | - | 144484 | - |
| Preferred stock, no par value; 1,000,000 shares authorized; 230,000 shares 7.375% non-cumulative perpetual preferred stock, Series B, liquidation preference $230.0 million, issued and outstanding at September 30, 2025, and 0 shares issued and outstanding at December 31, 2024 | **224383** | - | 100.0 | - | 100.0 |
| Common stock, $2.0833 par value; 200,000,000, 100,000,000, and 200,000,000 shares authorized; 96,044,222, 75,354,034 and 75,354,034 shares issued; 96,044,222, 68,871,479 and 66,919,805 shares outstanding, respectively | **200088** | 156985 | 27.5 | 156985 | 27.5 |
| Capital surplus | **2487564** | 1808272 | 37.6 | 1809679 | 37.5 |
| Retained earnings | **1210823** | 1169808 | 3.5 | 1192091 | 1.6 |
| Treasury stock (0, 8,482,555 and 8,434,229 shares - at cost, respectively) | **-** | (294079) | (100.0) | (292244) | (100.0) |
| Accumulated other comprehensive loss | **(148669)** | (181804) | 18.2 | (218632) | 32.0 |
| Deferred benefits for directors | **(2146)** | (2081) | (3.1) | (2082) | (3.1) |
| **Total Shareholders' Equity** | **4116527** | 2801585 | 46.9 | 2790281 | 47.5 |
| **Total Liabilities and Shareholders' Equity** | $**27518042** | $**18514169** | **48.6** | $**18684298** | **47.3** |

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# 9

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| | | | |
|:---|:---|:---|:---|
| **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** |
| **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** |
| *(unaudited, dollars in thousands, except shares)* | *(unaudited, dollars in thousands, except shares)* | *(unaudited, dollars in thousands, except shares)* | *(unaudited, dollars in thousands, except shares)* |
|  | ***September 30,*** | ***June 30,*** |  |
| **<u>Balance sheets</u>** | ***2025*** | ***2025*** | **% Change** |
| **Assets** |  |  |  |
| Cash and due from banks | $**231814** | $402755 | (42.4) |
| Due from banks - interest bearing | **776423** | 754275 | 2.9 |
| Securities: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity securities, at fair value | **30374** | 29538 | 2.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;Available-for-sale debt securities, at fair value | **3268016** | 3222819 | 1.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;Held-to-maturity (fair values of $1,042,503; and $1,006,110 respectively) | **1150520** | 1137782 | 1.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allowance for credit losses - held-to-maturity debt securities | **(181)** | (178) | (1.7) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net held-to-maturity debt securities | **1150339** | 1137604 | 1.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total securities | **4448729** | 4389961 | 1.3 |
| Loans held for sale | **125971** | 123019 | 2.4 |
| Portfolio loans: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial real estate | **10755370** | 10600210 | 1.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial and industrial | **2771906** | 2819096 | (1.7) |
| &nbsp;&nbsp;&nbsp;&nbsp;Residential real estate | **3928469** | 3939796 | (0.3) |
| &nbsp;&nbsp;&nbsp;&nbsp;Home equity | **1091636** | 1052334 | 3.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer | **384693** | 417190 | (7.8) |
| Total portfolio loans, net of unearned income | **18932074** | 18828626 | 0.5 |
| Allowance for credit losses - loans | **(217666)** | (223866) | 2.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net portfolio loans | **18714408** | 18604760 | 0.6 |
| Premises and equipment, net | **267521** | 274137 | (2.4) |
| Accrued interest receivable | **108865** | 106410 | 2.3 |
| Goodwill and other intangible assets, net | **1736073** | 1745170 | (0.5) |
| Bank-owned life insurance | **555104** | 552051 | 0.6 |
| Other assets | **553134** | 619038 | (10.6) |
| **Total Assets** | $**27518042** | $**27571576** | **(0.2)** |
| **Liabilities** |  |  |  |
| Deposits: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-interest bearing demand | $**5285740** | $5328181 | (0.8) |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest bearing demand | **5025216** | 4865091 | 3.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market | **4901863** | 4825154 | 1.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings deposits | **3141075** | 3192943 | (1.6) |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit | **2930368** | 2943187 | (0.4) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total deposits | **21284262** | 21154556 | 0.6 |
| Federal Home Loan Bank borrowings | **1275000** | 1750000 | (27.1) |
| Other short-term borrowings | **113501** | 103666 | 9.5 |
| Subordinated debt and junior subordinated debt | **358373** | 357762 | 0.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | **1746874** | 2211428 | (21.0) |
| Accrued interest payable | **25472** | 25967 | (1.9) |
| Other liabilities | **344907** | 360405 | (4.3) |
| **Total Liabilities** | **23401515** | 23752356 | (1.5) |
| **Shareholders' Equity** |  |  |  |
| Preferred stock, no par value; 1,000,000 shares authorized; 150,000 shares 6.75% non-cumulative perpetual preferred stock, Series A, liquidation preference $150.0 million, issued and outstanding, respectively | **144484** | 144484 | - |
| Preferred stock, no par value; 1,000,000 shares authorized; 230,000 shares 7.375% non-cumulative perpetual preferred stock, Series B, liquidation preference $230.0 million, issued and outstanding at September 30, 2025 and 0 shares issued and oustanding at June 30, 2025 | **224383** | - | 100.0 |
| Common stock, $2.0833 par value; 200,000,000 shares authorized; 96,044,222 and 95,986,023 shares issued; 96,044,222 and 95,986,023 shares outstanding, respectively | **200088** | 199967 | 0.1 |
| Capital surplus | **2487564** | 2485458 | 0.1 |
| Retained earnings | **1210823** | 1165058 | 3.9 |
| Treasury stock (0 and 0 shares - at cost, respectively) | **-** | - | - |
| Accumulated other comprehensive loss | **(148669)** | (173644) | 14.4 |
| Deferred benefits for directors | **(2146)** | (2103) | (2.0) |
| **Total Shareholders' Equity** | **4116527** | 3819220 | 7.8 |
| **Total Liabilities and Shareholders' Equity** | $**27518042** | $**27571576** | **(0.2)** |

---

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# 10

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** |
| **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** |
| *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* |
|  | **For the Three Months Ended September 30,** | **For the Three Months Ended September 30,** | **For the Three Months Ended September 30,** | **For the Three Months Ended September 30,** | **For the Nine Months Ended September 30,** | **For the Nine Months Ended September 30,** | **For the Nine Months Ended September 30,** | **For the Nine Months Ended September 30,** |
|  | ***2025*** | ***2025*** | ***2024*** | ***2024*** | ***2025*** | ***2025*** | ***2024*** | ***2024*** |
| **<u>Average balance sheet and net interest margin analysis</u>** | ***Average*** | ***Average*** | ***Average*** | ***Average*** | ***Average*** | ***Average*** | ***Average*** | ***Average*** |
|  | ***Balance*** | ***Rate*** | ***Balance*** | ***Rate*** | ***Balance*** | ***Rate*** | ***Balance*** | ***Rate*** |
| **Assets** |  |  |  |  |  |  |  |  |
| Due from banks - interest bearing | **761410** | **4.90**% | 435417 | 5.64% | **704757** | **4.81**% | 388064 | 5.65% |
| Loans, net of unearned income (1) | **18990507** | **6.17** | 12355547 | 5.93 | **17553879** | **6.12** | 12057841 | 5.83 |
| Securities: (2) |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Taxable | **3901533** | **3.20** | 2863374 | 2.45 | **3679815** | **3.08** | 2885072 | 2.41 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tax-exempt (3) | **733493** | **3.21** | 745517 | 3.04 | **732823** | **3.20** | 752795 | 3.06 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total securities | **4635026** | **3.20** | 3608891 | 2.57 | **4412638** | **3.10** | 3637867 | 2.54 |
| Other earning assets | **77308** | **9.40** | 63187 | 7.51% | **75338** | **8.04** | 60073 | 7.68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total earning assets (3)** | **24464251** | **5.58%** | **16463042** | **5.19%** | **22746612** | **5.50%** | **16143845** | **5.09**% |
| Other assets | **2955475** |  | 1832541 |  | **2710747** |  | 1820755 |  |
| **Total Assets** | **27419726** |  | **18295583** |  | **25457359** |  | **17964600** |  |
| **Liabilities and Shareholders' Equity** |  |  |  |  |  |  |  |  |
| Interest bearing demand deposits | **4963468** | **2.51**% | 3624061 | 3.09% | **4676955** | **2.61**% | 3551076 | 3.03% |
| Money market accounts | **4905387** | **3.09** | 2295192 | 3.40 | **4322300** | **2.96** | 2203768 | 3.28 |
| Savings deposits | **3152927** | **1.21** | 2403806 | 1.36 | **2962302** | **1.16** | 2442015 | 1.30 |
| Certificates of deposit | **2928961** | **3.19** | 1500816 | 3.79 | **2694587** | **3.15** | 1388115 | 3.51 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest bearing deposits | **15950743** | **2.56** | 9823875 | 2.85 | **14656144** | **2.52** | 9584974 | 2.72 |
| Federal Home Loan Bank borrowings | **1500272** | **4.58** | 1256250 | 5.43 | **1419571** | **4.43** | 1228832 | 5.48 |
| Repurchase agreements | **110452** | **2.75** | 122159 | 3.56 | **130592** | **2.77** | 107565 | 3.31 |
| Subordinated debt and junior subordinated debt | **358007** | **5.91** | 279218 | 5.80 | **340425** | **5.80** | 279160 | 5.83 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total interest bearing liabilities (4)** | **17919474** | **2.79%** | **11481502** | **3.21%** | **16546732** | **2.75%** | **11200531** | **3.10**% |
| Non-interest bearing demand deposits | **5289568** |  | 3817184 |  | **4975638** |  | 3878063 |  |
| Other liabilities | **312542** |  | 281436 |  | **309656** |  | 284172 |  |
| Shareholders' equity | **3898142** |  | 2715461 |  | **3625333** |  | 2601834 |  |
| **Total Liabilities and Shareholders' Equity** | **27419726** |  | **18295583** |  | **25457359** |  | **17964600** |  |
| **Taxable equivalent net interest spread** |  | **2.79%** |  | **1.98%** |  | **2.75%** |  | **1.99**% |
| **Taxable equivalent net interest margin** |  | **3.53%** |  | **2.95%** |  | **3.50%** |  | **2.94**% |
| *(1) Gross of allowance for credit losses, net of unearned income and includes non-accrual and loans held for sale. Loan fees included in interest income on loans were $1.4 million and $0.5 million for the three months ended September 30, 2025 and 2024, respectively, and were $5.5 million and $1.8 million for the nine months ended September 30, 2025 and 2024. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $16.0 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and was $39.3 million and $2.3 million for the nine months ended September 30, 2025 and 2024, respectively.* | *(1) Gross of allowance for credit losses, net of unearned income and includes non-accrual and loans held for sale. Loan fees included in interest income on loans were $1.4 million and $0.5 million for the three months ended September 30, 2025 and 2024, respectively, and were $5.5 million and $1.8 million for the nine months ended September 30, 2025 and 2024. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $16.0 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and was $39.3 million and $2.3 million for the nine months ended September 30, 2025 and 2024, respectively.* | *(1) Gross of allowance for credit losses, net of unearned income and includes non-accrual and loans held for sale. Loan fees included in interest income on loans were $1.4 million and $0.5 million for the three months ended September 30, 2025 and 2024, respectively, and were $5.5 million and $1.8 million for the nine months ended September 30, 2025 and 2024. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $16.0 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and was $39.3 million and $2.3 million for the nine months ended September 30, 2025 and 2024, respectively.* | *(1) Gross of allowance for credit losses, net of unearned income and includes non-accrual and loans held for sale. Loan fees included in interest income on loans were $1.4 million and $0.5 million for the three months ended September 30, 2025 and 2024, respectively, and were $5.5 million and $1.8 million for the nine months ended September 30, 2025 and 2024. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $16.0 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and was $39.3 million and $2.3 million for the nine months ended September 30, 2025 and 2024, respectively.* | *(1) Gross of allowance for credit losses, net of unearned income and includes non-accrual and loans held for sale. Loan fees included in interest income on loans were $1.4 million and $0.5 million for the three months ended September 30, 2025 and 2024, respectively, and were $5.5 million and $1.8 million for the nine months ended September 30, 2025 and 2024. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $16.0 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and was $39.3 million and $2.3 million for the nine months ended September 30, 2025 and 2024, respectively.* | *(1) Gross of allowance for credit losses, net of unearned income and includes non-accrual and loans held for sale. Loan fees included in interest income on loans were $1.4 million and $0.5 million for the three months ended September 30, 2025 and 2024, respectively, and were $5.5 million and $1.8 million for the nine months ended September 30, 2025 and 2024. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $16.0 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and was $39.3 million and $2.3 million for the nine months ended September 30, 2025 and 2024, respectively.* | *(1) Gross of allowance for credit losses, net of unearned income and includes non-accrual and loans held for sale. Loan fees included in interest income on loans were $1.4 million and $0.5 million for the three months ended September 30, 2025 and 2024, respectively, and were $5.5 million and $1.8 million for the nine months ended September 30, 2025 and 2024. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $16.0 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and was $39.3 million and $2.3 million for the nine months ended September 30, 2025 and 2024, respectively.* | *(1) Gross of allowance for credit losses, net of unearned income and includes non-accrual and loans held for sale. Loan fees included in interest income on loans were $1.4 million and $0.5 million for the three months ended September 30, 2025 and 2024, respectively, and were $5.5 million and $1.8 million for the nine months ended September 30, 2025 and 2024. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $16.0 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and was $39.3 million and $2.3 million for the nine months ended September 30, 2025 and 2024, respectively.* | *(1) Gross of allowance for credit losses, net of unearned income and includes non-accrual and loans held for sale. Loan fees included in interest income on loans were $1.4 million and $0.5 million for the three months ended September 30, 2025 and 2024, respectively, and were $5.5 million and $1.8 million for the nine months ended September 30, 2025 and 2024. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $16.0 million and $0.8 million for the three months ended September 30, 2025 and 2024, respectively, and was $39.3 million and $2.3 million for the nine months ended September 30, 2025 and 2024, respectively.* |
| *(2) Average yields on available-for-sale securities are calculated based on amortized cost.* | *(2) Average yields on available-for-sale securities are calculated based on amortized cost.* | *(2) Average yields on available-for-sale securities are calculated based on amortized cost.* | *(2) Average yields on available-for-sale securities are calculated based on amortized cost.* | *(2) Average yields on available-for-sale securities are calculated based on amortized cost.* | *(2) Average yields on available-for-sale securities are calculated based on amortized cost.* | *(2) Average yields on available-for-sale securities are calculated based on amortized cost.* | *(2) Average yields on available-for-sale securities are calculated based on amortized cost.* | *(2) Average yields on available-for-sale securities are calculated based on amortized cost.* |
| *(3) Taxable equivalent basis is calculated on tax-exempt securities using a rate of 21% for each period presented.* | *(3) Taxable equivalent basis is calculated on tax-exempt securities using a rate of 21% for each period presented.* | *(3) Taxable equivalent basis is calculated on tax-exempt securities using a rate of 21% for each period presented.* | *(3) Taxable equivalent basis is calculated on tax-exempt securities using a rate of 21% for each period presented.* | *(3) Taxable equivalent basis is calculated on tax-exempt securities using a rate of 21% for each period presented.* | *(3) Taxable equivalent basis is calculated on tax-exempt securities using a rate of 21% for each period presented.* | *(3) Taxable equivalent basis is calculated on tax-exempt securities using a rate of 21% for each period presented.* | *(3) Taxable equivalent basis is calculated on tax-exempt securities using a rate of 21% for each period presented.* | *(3) Taxable equivalent basis is calculated on tax-exempt securities using a rate of 21% for each period presented.* |
| *(4) Accretion on interest bearing liabilities acquired from prior acquisitions was $1.7 million and $7 thousand for the three months ended September 30, 2025 and 2024, respectively, and was $9.6 million and $0.2 million for the nine months ended September 30, 2025 and 2024 respectively.* | *(4) Accretion on interest bearing liabilities acquired from prior acquisitions was $1.7 million and $7 thousand for the three months ended September 30, 2025 and 2024, respectively, and was $9.6 million and $0.2 million for the nine months ended September 30, 2025 and 2024 respectively.* | *(4) Accretion on interest bearing liabilities acquired from prior acquisitions was $1.7 million and $7 thousand for the three months ended September 30, 2025 and 2024, respectively, and was $9.6 million and $0.2 million for the nine months ended September 30, 2025 and 2024 respectively.* | *(4) Accretion on interest bearing liabilities acquired from prior acquisitions was $1.7 million and $7 thousand for the three months ended September 30, 2025 and 2024, respectively, and was $9.6 million and $0.2 million for the nine months ended September 30, 2025 and 2024 respectively.* | *(4) Accretion on interest bearing liabilities acquired from prior acquisitions was $1.7 million and $7 thousand for the three months ended September 30, 2025 and 2024, respectively, and was $9.6 million and $0.2 million for the nine months ended September 30, 2025 and 2024 respectively.* | *(4) Accretion on interest bearing liabilities acquired from prior acquisitions was $1.7 million and $7 thousand for the three months ended September 30, 2025 and 2024, respectively, and was $9.6 million and $0.2 million for the nine months ended September 30, 2025 and 2024 respectively.* | *(4) Accretion on interest bearing liabilities acquired from prior acquisitions was $1.7 million and $7 thousand for the three months ended September 30, 2025 and 2024, respectively, and was $9.6 million and $0.2 million for the nine months ended September 30, 2025 and 2024 respectively.* | *(4) Accretion on interest bearing liabilities acquired from prior acquisitions was $1.7 million and $7 thousand for the three months ended September 30, 2025 and 2024, respectively, and was $9.6 million and $0.2 million for the nine months ended September 30, 2025 and 2024 respectively.* | *(4) Accretion on interest bearing liabilities acquired from prior acquisitions was $1.7 million and $7 thousand for the three months ended September 30, 2025 and 2024, respectively, and was $9.6 million and $0.2 million for the nine months ended September 30, 2025 and 2024 respectively.* |

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# 11

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** |
| **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** |
| *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* | *(unaudited, dollars in thousands, except shares and per share amounts)* |
|  | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** |
|  | ***Sept. 30,*** | ***June 30,*** | ***March 31,*** | ***Dec. 31,*** | ***Sept. 30,*** |
| **<u>Statement of Income</u>** | ***2025*** | ***2025*** | ***2025*** | ***2024*** | ***2024*** |
| **Interest and dividend income** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans, including fees | $**295482** | $290104 | $218409 | $183251 | $184215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest and dividends on securities: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taxable | **31483** | 31066 | 22247 | 18575 | 17651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tax-exempt | **4692** | 4616 | 4529 | 4449 | 4498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest and dividends on securities | **36175** | 35682 | 26776 | 23024 | 22149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other interest income | **11229** | 10596 | 8047 | 7310 | 7365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest and dividend income | **342886** | 336382 | 253232 | 213585 | 213729 |
| **Interest expense** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest bearing demand deposits | **31351** | 30405 | 29377 | 27044 | 28139 |
| &nbsp;&nbsp;&nbsp;&nbsp;Money market deposits | **38249** | 36287 | 21134 | 18734 | 19609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings deposits | **9577** | 8670 | 7359 | 7271 | 8246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit | **23554** | 21442 | 18558 | 16723 | 14284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest expense on deposits | **102731** | 96804 | 76428 | 69772 | 70278 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank borrowings | **17337** | 16683 | 13034 | 12114 | 17147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other short-term borrowings | **766** | 816 | 1122 | 1291 | 1092 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subordinated debt and junior subordinated debt | **5336** | 5310 | 4129 | 3902 | 4070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest expense | **126170** | 119613 | 94713 | 87079 | 92587 |
| **Net interest income** | **216716** | 216769 | 158519 | 126506 | 121142 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provision for credit losses | **2082** | 3218 | 68883 | (147) | 4798 |
| Net interest income after provision for credit losses | **214634** | 213551 | 89636 | 126653 | 116344 |
| **Non-interest income** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Trust fees | **8987** | 9657 | 8697 | 7775 | 7517 |
| &nbsp;&nbsp;&nbsp;&nbsp;Service charges on deposits | **11163** | 10484 | 8587 | 8138 | 7945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital banking income | **7324** | 7325 | 5404 | 5125 | 5084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net swap fee and valuation income/ (loss) | **3231** | 746 | 961 | 3230 | (627) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net securities brokerage revenue | **2961** | 3348 | 2701 | 2430 | 2659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank-owned life insurance | **3765** | 3450 | 3428 | 2512 | 2173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mortgage banking income | **1898** | 2364 | 1140 | 1229 | 1280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net securities gains / (losses) | **1210** | 1410 | (318) | 61 | 675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net gains / (losses) on other real estate owned and other assets | **329** | 111 | (40) | 193 | (239) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other income | **3996** | 5062 | 4105 | 5695 | 3145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total non-interest income | **44864** | 43957 | 34665 | 36388 | 29612 |
| **Non-interest expense** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Salaries and wages | **60583** | 60153 | 48577 | 45638 | 44890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Employee benefits | **18040** | 18857 | 12970 | 11856 | 11522 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net occupancy | **8819** | 8119 | 7778 | 5999 | 6226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equipment and software | **16310** | 17140 | 13050 | 10681 | 10157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marketing | **2979** | 1864 | 2382 | 2531 | 2977 |
| &nbsp;&nbsp;&nbsp;&nbsp;FDIC insurance | **5820** | 5479 | 4187 | 3640 | 3604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of intangible assets | **8425** | 9204 | 4223 | 2034 | 2053 |
| &nbsp;&nbsp;&nbsp;&nbsp;Restructuring and merger-related expense | **11383** | 41056 | 20010 | 646 | 1977 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other operating expenses | **23829** | 24663 | 20789 | 18079 | 17777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total non-interest expense | **156188** | 186535 | 133966 | 101104 | 101183 |
| Income / (loss) before provision for income taxes | **103310** | 70973 | (9665) | 61937 | 44773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provision / (benefit) provision for income taxes | **19737** | 13558 | (673) | 12308 | 7501 |
| **Net Income /(loss)** | **83573** | 57415 | (8992) | 49629 | 37272 |
| Preferred stock dividends | **2531** | 2531 | 2531 | 2531 | 2531 |
| **Net income / (loss) available to common shareholders** | $**81042** | $54884 | $(11523) | $47098 | $34741 |
| *Taxable equivalent net interest income* | $***217963*** | $*217996* | $*159723* | $*127689* | $*122338* |
| **<u>Per common share data</u>** |  |  |  |  |  |
| Net income / (loss) per common share - basic | $**0.84** | $0.57 | $(0.15) | $0.70 | $0.54 |
| Net income / (loss) per common share - diluted | **0.84** | 0.57 | (0.15) | 0.70 | 0.54 |
| Adjusted net income per common share - diluted, excluding certain items (1)(2) | **0.94** | 0.91 | 0.66 | 0.71 | 0.56 |
| Dividends declared | **0.37** | 0.37 | 0.37 | 0.37 | 0.36 |
| Book value (period end) | **39.02** | 38.28 | 38.02 | 39.54 | 39.73 |
| Tangible book value (period end) (1) | **21.29** | 20.48 | 20.06 | 22.83 | 22.99 |
| Average common shares outstanding - basic | **95995174** | 95744980 | 76830460 | 66895834 | 64488962 |
| Average common shares outstanding - diluted | **96116617** | 95808310 | 77020592 | 66992009 | 64634208 |
| Period end common shares outstanding | **96044222** | 95986023 | 95672204 | 66919805 | 66871479 |
| Period end preferred shares outstanding | **380000** | 150000 | 150000 | 150000 | 150000 |
| Full time equivalent employees | **3064** | 3253 | 3205 | 2262 | 2277 |
| *(1) See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of this item.* | *(1) See non-GAAP financial measures for additional information relating to the calculation of this item.* |
| *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* | *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* | *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* | *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* | *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* | *(2) Certain items excluded from the calculation consist of after-tax restructuring and merger-related expenses and the after-tax day one provision for credit losses on acquired loans.* |

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# 12

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** | **WESBANCO, INC.** |
| **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** | **Consolidated Selected Financial Highlights** |
| *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* | *(unaudited, dollars in thousands)* |
|  | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** |  |
|  | ***Sept. 30,*** |  | ***June 30,*** |  | ***Mar. 31,*** |  | ***Dec. 31,*** |  | ***Sept. 30,*** |  |
| **<u>Asset quality data</u>** | ***2025*** |  | ***2025*** |  | ***2025*** |  | ***2024*** |  | ***2024*** |  |
| Non-performing assets: |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Total non-performing loans | $**94463** |  | $84319 |  | $81489 |  | $39752 |  | $30421 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other real estate and repossessed assets | **997** |  | 958 |  | 1854 |  | 852 |  | 906 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total non-performing assets | $**95460** |  | $85277 |  | $83343 |  | $40604 |  | $31327 |  |
| Past due loans (1): |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans past due 30-89 days | $**80333** |  | $65401 |  | $69755 |  | $45926 |  | $33762 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Loans past due 90 days or more | **19430** |  | 20890 |  | 10734 |  | 13553 |  | 20427 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total past due loans | $**99763** |  | $86291 |  | $80489 |  | $59479 |  | $54189 |  |
| Criticized and classified loans (2): |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Criticized loans | $**433320** |  | $531415 |  | $470619 |  | $242000 |  | $200540 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Classified loans | **175648** |  | 151849 |  | 149452 |  | 112669 |  | 93185 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total criticized and classified loans | $**608968** |  | $683264 |  | $620071 |  | $354669 |  | $293725 |  |
| Loans past due 30-89 days / total portfolio loans | **0.42** | **%** | 0.35 | **%** | 0.37 | % | 0.36 | % | 0.27 | % |
| Loans past due 90 days or more / total portfolio loans | **0.10** |  | 0.11 |  | 0.06 |  | 0.11 |  | 0.16 |  |
| Non-performing loans / total portfolio loans | **0.50** |  | 0.45 |  | 0.44 |  | 0.31 |  | 0.24 |  |
| Non-performing assets/total portfolio loans, other<br> real estate and repossessed assets | **0.50** |  | 0.45 |  | 0.45 |  | 0.32 |  | 0.25 |  |
| Non-performing assets / total assets | **0.35** |  | 0.31 |  | 0.30 |  | 0.22 |  | 0.17 |  |
| Criticized and classified loans / total portfolio loans | **3.22** |  | 3.63 |  | 3.32 |  | 2.80 |  | 2.36 |  |
| **<u>Allowance for credit losses</u>** |  |  |  |  |  |  |  |  |  |  |
| Allowance for credit losses - loans | $**217666** |  | $223866 |  | $233617 |  | $138766 |  | $140872 |  |
| Allowance for credit losses - loan commitments | **7628** |  | 6168 |  | 6459 |  | 6120 |  | 8225 |  |
| Provision for credit losses | **2082** |  | 3218 |  | 68883 |  | (147) |  | 4798 |  |
| Net loan and deposit account overdraft charge-offs and recoveries | **8867** |  | 4329 |  | 2771 |  | 4066 |  | 1420 |  |
| Annualized net loan charge-offs and recoveries / average loans | **0.19** | **%** | 0.09 | **%** | 0.08 | % | 0.13 | % | 0.05 | % |
| Allowance for credit losses - loans / total portfolio loans | **1.15** | **%** | 1.19 | **%** | 1.25 | % | 1.10 | % | 1.13 | % |
| Allowance for credit losses - loans / non-performing loans | **2.30** | **x** | 2.65 | **x** | 2.87 | x | 3.49 | x | 4.63 | x |
| Allowance for credit losses - loans / non-performing loans<br> and loans past due | **1.12** | **x** | 1.31 | **x** | 1.44 | x | 1.40 | x | 1.66 | x |
|  | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** | ***Quarter Ended*** |  |
|  | ***Sept. 30,*** |  | ***June 30,*** |  | ***Mar. 31,*** |  | ***Dec. 31,*** |  | ***Sept. 30,*** |  |
|  | ***2025*** |  | ***2025*** |  | ***2025*** |  | ***2024*** |  | ***2024*** |  |
| **<u>Capital ratios</u>** |  |  |  |  |  |  |  |  |  |  |
| Tier I leverage capital | **9.72** | **%** | 8.66 | **%** | 11.01 | % | 10.68 | % | 10.69 | % |
| Tier I risk-based capital | **11.83** |  | 10.59 |  | 10.69 |  | 13.06 |  | 12.89 |  |
| Total risk-based capital | **14.58** |  | 13.40 |  | 13.59 |  | 15.88 |  | 15.74 |  |
| Common equity tier 1 capital ratio (CET 1) | **10.10** |  | 9.90 |  | 9.99 |  | 12.07 |  | 11.89 |  |
| Average shareholders' equity to average assets | **14.22** |  | 13.99 |  | 14.86 |  | 15.09 |  | 14.84 |  |
| Tangible equity to tangible assets (3) | **9.35** |  | 8.16 |  | 8.03 |  | 9.52 |  | 9.67 |  |
| Tangible common equity to tangible assets (3) | **7.92** |  | 7.60 |  | 7.47 |  | 8.70 |  | 8.84 |  |
| *(1) Excludes non-performing loans.* | *(1) Excludes non-performing loans.* | *(1) Excludes non-performing loans.* | *(1) Excludes non-performing loans.* | *(1) Excludes non-performing loans.* | *(1) Excludes non-performing loans.* | *(1) Excludes non-performing loans.* | *(1) Excludes non-performing loans.* | *(1) Excludes non-performing loans.* | *(1) Excludes non-performing loans.* |  |
| *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* | *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* | *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* | *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* | *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* | *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* | *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* | *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* | *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* | *(2) Criticized and classified commercial loans may include loans that are also reported as non-performing or past due.* |  |
| *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* | *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* | *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* | *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* | *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* | *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* | *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* | *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* | *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* | *(3) See non-GAAP financial measures for additional information relating to the calculation of this ratio.* |  |

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# 13

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <u>NON-GAAP FINANCIAL MEASURES</u> | <u>NON-GAAP FINANCIAL MEASURES</u> | <u>NON-GAAP FINANCIAL MEASURES</u> | <u>NON-GAAP FINANCIAL MEASURES</u> | <u>NON-GAAP FINANCIAL MEASURES</u> | <u>NON-GAAP FINANCIAL MEASURES</u> | <u>NON-GAAP FINANCIAL MEASURES</u> | <u>NON-GAAP FINANCIAL MEASURES</u> |
| The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. |
|  | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Year to Date*** | ***Year to Date*** |
|  | ***Sept. 30,*** | ***June 30,*** | ***Mar. 31,*** | ***Dec. 31,*** | ***Sept. 30,*** | ***Sept. 30,*** | ***Sept. 30,*** |
| *(unaudited, dollars in thousands, except shares and per share amounts)* | ***2025*** | ***2025*** | ***2025*** | ***2024*** | ***2024*** | ***2025*** | ***2024*** |
| **Return on average assets, excluding certain items:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income / (loss) available to common shareholders | $**81042** | $54884 | $(11523) | $47098 | $34741 | $**124401** | $94287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plus: after-tax restructuring and merger-related expenses (1) | **8993** | 32434 | 15808 | 510 | 1562 | **57235** | 4546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plus: after-tax day one provision for credit losses on acquired loans (1) | **-** | - | 46926 | - | - | **46926** | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income available to common shareholders, excluding certain items | **90035** | 87318 | 51211 | 47608 | 36303 | **228562** | 98833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Average total assets | $**27419726** | $27304700 | $21658352 | $18593265 | $18295583 | $**25457359** | $17964600 |
| Return on average assets, excluding certain items (annualized) (2) | **1.30%** | 1.28% | 0.96% | 1.02% | 0.79% | **1.20%** | 0.73% |
| **Return on average equity, excluding certain items:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income / (loss) available to common shareholders | $**81042** | $54884 | $(11523) | $47098 | $34741 | $**124401** | $94287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plus: after-tax restructuring and merger-related expenses (1) | **8993** | 32434 | 15808 | 510 | 1562 | **57235** | 4546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plus: after-tax day one provision for credit losses on acquired loans (1) | **-** | - | 46926 | - | - | **46926** | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income available to common shareholders excluding certain items | **90035** | 87318 | 51211 | 47608 | 36303 | **228562** | 98833 |
| &nbsp;&nbsp;&nbsp;&nbsp;Average total shareholders' equity | **3898142** | 3819513 | 3218639 | 2806079 | 2715461 | **3625333** | 2601834 |
| Return on average equity, excluding certain items (annualized) (2) | **9.16%** | 9.17% | 6.45% | 6.75% | 5.32% | **8.43%** | 5.07% |
| **Return on average tangible equity:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income / (loss) available to common shareholders | $**81042** | $54884 | $(11523) | $47098 | $34741 | $**124401** | $94287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plus: amortization of intangibles (1) | **6656** | 7271 | 3336 | 1607 | 1622 | **17264** | 4911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income / (loss) available to common shareholders before amortization of intangibles | **87698** | 62155 | (8187) | 48705 | 36363 | **141665** | 99198 |
| &nbsp;&nbsp;&nbsp;&nbsp;Average total shareholders' equity | **3898142** | 3819513 | 3218639 | 2806079 | 2715461 | **3625333** | 2601834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Less: average goodwill and other intangibles, net of def. tax liability | **(1704105)** | (1608358) | (1312855) | (1119060) | (1120662) | **(1543552)** | (1122282) |
| &nbsp;&nbsp;&nbsp;&nbsp;Average tangible equity | $**2194037** | $2211155 | $1905784 | $1687019 | $1594799 | $**2081781** | $1479552 |
| Return on average tangible equity (annualized) (2) | **15.86%** | 11.27% | -1.74% | 11.49% | 9.07% | **9.10%** | 8.96% |
| &nbsp;&nbsp;&nbsp;&nbsp;Average tangible common equity | $**2015329** | $2066671 | $1761300 | $1542535 | $1450315 | $**1925764** | $1335068 |
| Return on average tangible common equity (annualized) (2) | **17.26%** | 12.06% | -1.89% | 12.56% | 9.97% | **9.84%** | 9.92% |
| **Return on average tangible equity, excluding certain items:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income / (loss) available to common shareholders | $**81042** | $54884 | $(11523) | $47098 | $34741 | $**124401** | $94287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plus: after-tax restructuring and merger-related expenses (1) | **8993** | 32434 | 15808 | 510 | 1562 | **57235** | 4546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plus: amortization of intangibles (1) | **6656** | 7271 | 3336 | 1607 | 1622 | **17264** | 4911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plus: after-tax day one provision for credit losses on acquired loans (1) | **-** | - | 46926 | - | - | **46926** | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income available to common shareholders before amortization of intangibles and excluding other items | **96691** | 94589 | 54547 | 49215 | 37925 | **245826** | 103744 |
| &nbsp;&nbsp;&nbsp;&nbsp;Average total shareholders' equity | **3898142** | 3819513 | 3218639 | 2806079 | 2715461 | **3625333** | 2601834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Less: average goodwill and other intangibles, net of def. tax liability | **(1704105)** | (1608358) | (1312855) | (1119060) | (1120662) | **(1543552)** | (1122282) |
| &nbsp;&nbsp;&nbsp;&nbsp;Average tangible equity | $**2194037** | $2211155 | $1905784 | $1687019 | $1594799 | $**2081781** | $1479552 |
| Return on average tangible equity, excluding certain items (annualized) (2) | **17.48%** | 17.16% | 11.61% | 11.61% | 9.46% | **15.79%** | 9.37% |
| &nbsp;&nbsp;&nbsp;&nbsp;Average tangible common equity | $**2015329** | $2066671 | $1761300 | $1542535 | $1450315 | $**1925764** | $1335068 |
| Return on average tangible common equity, excluding certain items (annualized) (2) | **19.03%** | 18.36% | 12.56% | 12.69% | 10.40% | **17.07%** | 10.38% |

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# 14

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Year to Date*** | ***Year to Date*** |
|  | ***Sept. 30,*** | ***Sept. 30,*** | ***June 30,*** | ***June 30,*** | ***Mar. 31,*** | ***Mar. 31,*** | ***Dec. 31,*** | ***Dec. 31,*** | ***Sept. 30,*** | ***Sept. 30,*** | ***Sept. 30,*** | ***Sept. 30,*** |
| *(unaudited, dollars in thousands, except shares and per share amounts)* | ***2025*** | ***2025*** | ***2025*** | ***2025*** | ***2025*** | ***2025*** | ***2024*** | ***2024*** | ***2024*** | ***2024*** | ***2025*** | ***2024*** |
| **Efficiency ratio:** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-interest expense | **$** | **156188** | $| 186535 | $| 133966 | $| 101104 | $| 101183 | $**476689** | $300768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Less: restructuring and merger-related expense |  | **(11383)** |  | (41056) |  | (20010) |  | (646) |  | (1977) | **(72449)** | (5755) |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-interest expense excluding restructuring and merger-related expense |  | **144805** |  | 145479 |  | 113956 |  | 100458 |  | 99206 | **404240** | 295013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest income on a fully taxable equivalent basis |  | **217963** |  | 217996 |  | 159723 |  | 127689 |  | 122338 | **595682** | 355327 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-interest income |  | **44864** |  | 43957 |  | 34665 |  | 36388 |  | 29612 | **123486** | 91596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net interest income on a fully taxable equivalent basis plus non-interest income | **$** | **262827** | $| 261953 | $| 194388 | $| 164077 | $| 151950 | $**719168** | $446923 |
| &nbsp;&nbsp;&nbsp;&nbsp;Efficiency ratio |  | **55.10%** |  | 55.54% |  | 58.62% |  | 61.23% |  | 65.29% | **56.21%** | 66.01% |
| **Adjusted net income available to common shareholders, excluding certain items:** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income / (loss) available to common shareholders | **$** | **81042** | $| 54884 | $| (11523) | $| 47098 | $| 34741 | $**124401** | $94287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: After-tax restructuring and merger-related expenses (1) |  | **8993** |  | 32434 |  | 15808 |  | 510 |  | 1562 | **57235** | 4546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: after-tax day one provision for credit losses on acquired loans (1) |  | **-** |  | - |  | 46926 |  | - |  | - | **46926** |  |
| Adjusted net income available to common shareholders, excluding certain items: | **$** | **90035** | $ | 87318 | $ | 51211 | $ | 47608 | $ | 36303 | $**228562** | $98833 |
| **Adjusted net income per common share - diluted, excluding certain items:** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income / (loss) per common share - diluted | **$** | **0.84** | $| 0.57 | $| (0.15) | $| 0.70 | $| 0.54 | $**1.39** | $1.54 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: After-tax restructuring and merger-related expenses per common share - diluted (1) |  | **0.10** |  | 0.34 |  | 0.21 |  | 0.01 |  | 0.02 | **0.63** | 0.07 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: after-tax day one provision for credit losses on acquired loans (1) |  | **-** |  | - |  | 0.60 |  | - |  | - | **0.53** | - |
| Adjusted net income per common share - diluted, excluding certain items: | **$** | **0.94** | $ | 0.91 | $ | 0.66 | $ | 0.71 | $ | 0.56 | $**2.55** | $1.61 |
|  | ***Period End*** | ***Period End*** | ***Period End*** | ***Period End*** | ***Period End*** | ***Period End*** | ***Period End*** | ***Period End*** | ***Period End*** | ***Period End*** |  |  |
|  | ***Sept. 30,*** | ***Sept. 30,*** | ***June 30,*** | ***June 30,*** | ***Mar. 31,*** | ***Mar. 31,*** | ***Dec. 31,*** | ***Dec. 31,*** | ***Sept. 30,*** | ***Sept. 30,*** |  |  |
|  | ***2025*** | ***2025*** | ***2025*** | ***2025*** | ***2025*** | ***2025*** | ***2024*** | ***2024*** | ***2024*** | ***2024*** |  |  |
| **Tangible book value per share:** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Total shareholders' equity | **$** | **4116527** | $| 3819220 | $| 3781579 | $| 2790281 | $| 2801585 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Less: goodwill and other intangible assets, net of def. tax liability |  | **(1702916)** |  | (1709001) |  | (1718048) |  | (1118293) |  | (1119899) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Less: preferred shareholders' equity |  | **(368867)** |  | (144484) |  | (144484) |  | (144484) |  | (144484) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tangible common equity |  | **2044744** |  | 1965735 |  | 1919047 |  | 1527504 |  | 1537202 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common shares outstanding |  | **96044222** |  | 95986023 |  | 95672204 |  | 66919805 |  | 66871479 |  |  |
| Tangible book value per share | **$** | **21.29** | $ | 20.48 | $ | 20.06 | $ | 22.83 | $ | 22.99 |  |  |
| **Tangible common equity to tangible assets:** |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Total shareholders' equity | **$** | **4116527** | $| 3819220 | $| 3781579 | $| 2790281 | $| 2801585 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Less: goodwill and other intangible assets, net of def. tax liability |  | **(1702916)** |  | (1709001) |  | (1718048) |  | (1118293) |  | (1119899) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tangible equity |  | **2413611** |  | 2110219 |  | 2063531 |  | 1671988 |  | 1681686 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Less: preferred shareholders' equity |  | **(368867)** |  | (144484) |  | (144484) |  | (144484) |  | (144484) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tangible common equity |  | **2044744** |  | 1965735 |  | 1919047 |  | 1527504 |  | 1537202 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets |  | **27518042** |  | 27571576 |  | 27412383 |  | 18684298 |  | 18514169 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Less: goodwill and other intangible assets, net of def. tax liability |  | **(1702916)** |  | (1709001) |  | (1718048) |  | (1118293) |  | (1119899) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tangible assets | **$** | **25815126** | $| 25862575 | $| 25694335 | $| 17566005 | $| 17394270 |  |  |
| Tangible equity to tangible assets |  | **9.35%** |  | 8.16% |  | 8.03% |  | 9.52% |  | 9.67% |  |  |
| Tangible common equity to tangible assets |  | **7.92%** |  | 7.60% |  | 7.47% |  | 8.70% |  | 8.84% |  |  |
| *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* | *(1) Tax effected at 21% for all periods presented.* |  |  |
| *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual number of days in the quarter versus the year.* |  |  |

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# 15

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <u>ADDITIONAL NON-GAAP FINANCIAL MEASURES</u> | <u>ADDITIONAL NON-GAAP FINANCIAL MEASURES</u> | <u>ADDITIONAL NON-GAAP FINANCIAL MEASURES</u> | <u>ADDITIONAL NON-GAAP FINANCIAL MEASURES</u> | <u>ADDITIONAL NON-GAAP FINANCIAL MEASURES</u> | <u>ADDITIONAL NON-GAAP FINANCIAL MEASURES</u> | <u>ADDITIONAL NON-GAAP FINANCIAL MEASURES</u> | <u>ADDITIONAL NON-GAAP FINANCIAL MEASURES</u> |
| The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. | The following non-GAAP financial measures used by WesBanco provide information useful to investors in understanding WesBanco's operating performance and trends, and facilitate comparisons with the performance of WesBanco's peers. The following tables summarize the non-GAAP financial measures derived from amounts reported in WesBanco's financial statements. |
|  | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Three Months Ended*** | ***Year to Date*** | ***Year to Date*** |
|  | ***Sept. 30,*** | ***June 30,*** | ***Mar. 31,*** | ***Dec. 31,*** | ***Sept. 30,*** | ***Sept. 30,*** | ***Sept. 30,*** |
| *(unaudited, dollars in thousands, except shares and per share amounts)* | ***2025*** | ***2025*** | ***2025*** | ***2024*** | ***2024*** | ***2025*** | ***2024*** |
| **Pre-tax, pre-provision income:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income / (Loss) before Provision / (benefit) for income taxes | $**103310** | $70973 | $(9665) | $61937 | $44773 | $**164618** | $123177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: provision for credit losses | **2082** | 3218 | 68883 | (147) | 4798 | **74183** | 19352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pre-tax, pre-provision income | $**105392** | $74191 | $59218 | $61790 | $49571 | $**238801** | $142529 |
| **Pre-tax, pre-provision income, excluding restructuring and merger-related expenses:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income / (Loss) before Provision / (benefit) for income taxes | $**103310** | $70973 | $(9665) | $61937 | $44773 | $**164618** | $123177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: provision for credit losses | **2082** | 3218 | 68883 | (147) | 4798 | **74183** | 19352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: restructuring and merger-related expenses | **11383** | 41056 | 20010 | 646 | 1977 | **72449** | 5755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pre-tax, pre-provision income, excluding restructuring and merger-related expenses | $**116775** | $115247 | $79228 | $62436 | $51548 | $**311250** | $148284 |
| **Pre-tax, pre-provision return on average assets, excluding restructuring and merger-related expenses:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income / (Loss) before Provision / (benefit) for income taxes | $**103310** | $70973 | $(9665) | $61937 | $44773 | $**164618** | $123177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: provision for credit losses | **2082** | 3218 | 68883 | (147) | 4798 | **74183** | 19352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: restructuring and merger-related expenses | **11383** | 41056 | 20010 | 646 | 1977 | **72449** | 5755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pre-tax, pre-provision income, excluding restructuring and merger-related expenses | **116775** | 115247 | 79228 | 62436 | 51548 | **311250** | 148284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Average total assets | $**27419726** | $27304700 | $21658352 | $18593265 | $18295583 | $**25457359** | $17964600 |
| Pre-tax, pre-provision return on average assets, excluding restructuring and merger-related expenses (annualized) (2) | **1.69%** | 1.69% | 1.48% | 1.34% | 1.12% | **1.63%** | 1.10% |
| **Pre-tax, pre-provision return on average equity, excluding restructuring and merger-related expenses:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income / (Loss) before Provision / (benefit) for income taxes | $**103310** | $70973 | $(9665) | $61937 | $44773 | $**164618** | $123177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: provision for credit losses | **2082** | 3218 | 68883 | (147) | 4798 | **74183** | 19352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: restructuring and merger-related expenses | **11383** | 41056 | 20010 | 646 | 1977 | **72449** | 5755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pre-tax, pre-provision income, excluding restructuring and merger-related expenses | **116775** | 115247 | 79228 | 62436 | 51548 | **311250** | 148284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Average total shareholders' equity | $**3898142** | $3819513 | $3218639 | $2806079 | $2715461 | $**3625333** | $2601834 |
| Pre-tax, pre-provision return on average equity, excluding restructuring and merger-related expenses (annualized) (2) | **11.88%** | 12.10% | 9.98% | 8.85% | 7.55% | **11.48%** | 7.61% |
| **Pre-tax, pre-provision return on average tangible equity, excluding certain items (1):** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income / (Loss) before Provision / (benefit) for income taxes | $**103310** | $70973 | $(9665) | $61937 | $44773 | $**164618** | $123177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: provision for credit losses | **2082** | 3218 | 68883 | (147) | 4798 | **74183** | 19352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: amortization of intangibles | **8425** | 9204 | 4223 | 2034 | 2053 | **21853** | 6217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Add: restructuring and merger-related expenses | **11383** | 41056 | 20010 | 646 | 1977 | **72449** | 5755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pre-tax, pre-provision income before restructuring and merger-related expenses and amortization of intangibles | **125200** | 124451 | 83451 | 64470 | 53601 | **333103** | 154501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Average total shareholders' equity | **3898142** | 3819513 | 3218639 | 2806079 | 2715461 | **3625333** | 2601834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Less: average goodwill and other intangibles, net of def. tax liability | **(1704105)** | (1608358) | (1312855) | (1119060) | (1120662) | **(1543552)** | (1122282) |
| &nbsp;&nbsp;&nbsp;&nbsp;Average tangible equity | $**2194037** | $2211155 | $1905784 | $1687019 | $1594799 | $**2081781** | $1479552 |
| Pre-tax, pre-provision return on average tangible equity, excluding certain items (annualized) (1) (2) | **22.64%** | 22.58% | 17.76% | 15.20% | 13.37% | **21.39%** | 13.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;Average tangible common equity | $**2015329** | $2066671 | $1761300 | $1542535 | $1450315 | $**1925764** | $1335068 |
| Pre-tax, pre-provision return on average tangible common equity, excluding certain items (annualized) (1) (2) | **24.65%** | 24.15% | 19.22% | 16.63% | 14.70% | **23.13%** | 15.46% |
| *(1) Certain items excluded from the calculations consist of credit provisions, tax provisions and restructuring and merger-related expenses.* | *(1) Certain items excluded from the calculations consist of credit provisions, tax provisions and restructuring and merger-related expenses.* | *(1) Certain items excluded from the calculations consist of credit provisions, tax provisions and restructuring and merger-related expenses.* | *(1) Certain items excluded from the calculations consist of credit provisions, tax provisions and restructuring and merger-related expenses.* | *(1) Certain items excluded from the calculations consist of credit provisions, tax provisions and restructuring and merger-related expenses.* | *(1) Certain items excluded from the calculations consist of credit provisions, tax provisions and restructuring and merger-related expenses.* | *(1) Certain items excluded from the calculations consist of credit provisions, tax provisions and restructuring and merger-related expenses.* | *(1) Certain items excluded from the calculations consist of credit provisions, tax provisions and restructuring and merger-related expenses.* |
| *(2) The ratios are annualized by utilizing actual numbers of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual numbers of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual numbers of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual numbers of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual numbers of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual numbers of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual numbers of days in the quarter versus the year.* | *(2) The ratios are annualized by utilizing actual numbers of days in the quarter versus the year.* |

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## Exhibit 99.2

![Slide 1](wsbc-ex99_2s1.jpg)

Third Quarter 2025Earnings Call Presentation 22 October 2025 Note: update footnote copyright year annually

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![Slide 2](wsbc-ex99_2s2.jpg)

Forward-Looking Statements and Non-GAAP Financial Measures Forward-looking statements in this report relating to WesBanco's plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The information contained in this report should be read in conjunction with WesBanco's Form 10-K for the year ended December 31, 2024 and documents subsequently filed by WesBanco with the Securities and Exchange Commission ("SEC") including WesBanco's Form 10-Q for the quarters ended March 31 and June 30, 2025, which are available at the SEC's website, www.sec.gov or at WesBanco's website, www.WesBanco.com. Investors are cautioned that forward-looking statements, which are not historical fact, involve risks and uncertainties, including those detailed in WesBanco's most recent Annual Report on Form 10-K filed with the SEC under "Risk Factors" in Part I, Item 1A. Such statements are subject to important factors that could cause actual results to differ materially from those contemplated by such statements, including, without limitation, the expected cost savings and any revenue synergies from the merger of WesBanco and Premier may not be fully realized within the expected timeframes; disruption from the merger of WesBanco and Premier may make it more difficult to maintain relationships with clients, associates, or suppliers; the effects of changing regional and national economic conditions, changes in interest rates, spreads on earning assets and interest-bearing liabilities, and associated interest rate sensitivity; sources of liquidity available to WesBanco and its related subsidiary operations; potential future credit losses and the credit risk of commercial, real estate, and consumer loan customers and their borrowing activities; actions of the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, the SEC, the Financial Institution Regulatory Authority, the Municipal Securities Rulemaking Board, the Securities Investors Protection Corporation, and other regulatory bodies; potential legislative and federal and state regulatory actions and reform, including, without limitation, the impact of the implementation of the Dodd-Frank Act; adverse decisions of federal and state courts; fraud, scams and schemes of third parties; cyber-security breaches; competitive conditions in the financial services industry; rapidly changing technology affecting financial services; marketability of debt instruments and corresponding impact on fair value adjustments; and/or other external developments materially impacting WesBanco's operational and financial performance. WesBanco does not assume any duty to update forward-looking statements. While forward-looking statements reflect our good-faith beliefs, they are not guarantees of future performance. All forward-looking statements are necessarily only estimates of future results. Accordingly, actual results may differ materially from those expressed in or contemplated by the particular forward-looking statement, and, therefore, you are cautioned not to place undue reliance on such statements. Further, any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events or circumstances, except as required by applicable law. Statements in this presentation with respect to the benefits of the merger between WesBanco and Premier, the parties' plans, obligations, expectations, and intentions, and the statements with respect to accretion, earn back of tangible book value, tangible book value dilution and internal rate of return, constitute forward-looking statements as defined by federal securities laws. Such statements are subject to numerous assumptions, risks, and uncertainties. Actual results could differ materially from those contained or implied by such statements for a variety of factors including: the expected cost savings and any revenue synergies from the merger may not be fully realized within the expected time frames; disruption from the merger may make it more difficult to maintain relationships with clients, associates, or suppliers; changes in economic conditions; movements in interest rates; competitive pressures on product pricing and services; success and timing of other business strategies; the nature, extent, and timing of governmental actions and reforms; extended disruption of vital infrastructure; and other factors described in WesBanco's 2024 Annual Report on Form 10-K and documents subsequently filed by WesBanco with the Securities and Exchange Commission. In addition to the results of operations presented in accordance with Generally Accepted Accounting Principles (GAAP), WesBanco's management uses, and this presentation contains or references, certain non-GAAP financial measures, such as pre-tax pre-provision income, tangible common equity/tangible assets; net income excluding after-tax restructuring and merger-related expenses and excluding after-tax day one provision for credit losses on acquired loans; efficiency ratio; return on average assets; and return on average tangible equity. WesBanco believes these financial measures provide information useful to investors in understanding our operational performance and business and performance trends which facilitate comparisons with the performance of others in the financial services industry. Although WesBanco believes that these non-GAAP financial measures enhance investors' understanding of WesBanco's business and performance, these non-GAAP financial measures should not be considered an alternative to GAAP. The non-GAAP financial measures contained therein should be read in conjunction with the audited financial statements and analysis as presented in the Annual Report on Form 10-K as well as the unaudited financial statements and analyses as presented in the Quarterly Reports on Forms 10-Q for WesBanco and its subsidiaries, as well as other filings that the company has made with the SEC.

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![Slide 3](wsbc-ex99_2s3.jpg)

Deposit growth fully funded loan growth both year-over-year and sequentially Total organic loan growth was 4.8% YoY and 2.2% QoQ annualized Commercial real estate payoffs increased to approximately $235 million during Q3 Net interest margin of 3.53% increased 58 basis points year-over-year reflecting higher earning asset yields and lower funding costs Efficiency ratio of 55.1% improved due to expense synergies generated from the PFC acquisition and driving positive operating leverage Implemented the next phase of our financial center optimization strategy to close 27 locations in early-2026, with expected net pre-tax savings of approximately $6 million Net Income Available to Common Shareholders and Diluted EPS(1) $90.0 million; $0.94/share Net Interest Margin +58bp YoY Total Loan Growth +52.0% YoY; +2.2% QoQ (annualized) Average loans to average deposits 89.4% Non-Performing Assets to Total Assets 0.35% Tangible Common Equity to Tangible Assets(1) 7.92% Net interest margin of 3.53% and loan growth fully funded by deposits Note: financial and operational highlights during the quarter ended September 30, 2025; PFC = Premier Financial Corp.; YoY = year-over-year; QoQ = quarter-over-quarter; bp = basis points (1) Non-GAAP measure – please see reconciliation in appendix Q3 2025 Financial and Operational Highlights

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![Slide 4](wsbc-ex99_2s4.jpg)

Key metrics Note: PTPP = pre-tax, pre-provision Non-GAAP measure – please see reconciliation in appendix Excludes restructuring and merger-related expenses and/or day 1 provision for credit losses on acquired loans Q3 2025 Financial and Operational Highlights

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![Slide 5](wsbc-ex99_2s5.jpg)

Reflecting $5.9 billion of loans from PFC and organic growth, total loans increased 52.0% YoY to $18.9 billion Total organic loan growth was +4.8% YoY and +0.5% (or +2.2% annualized) QoQ, reflecting the strength of WesBanco's new and legacy markets and teams CRE loan payoffs totaled approximately $490 million for YTD 2025, as compared to approximately $185 million(1) last year The sequential quarter increase in payoffs negatively impacted annualized QoQ loan growth by nearly 1.5% PFC and loan production offices are contributing meaningfully to the commercial loan pipeline, which totaled approximately $1.5 billion, as of 9/30/2025 C&I line utilization was ~38% for Q3 2025, as compared to a mid-40% range prior to the pandemic Total organic loan growth of 4.8% year-over-year Q3 2025 Total Portfolio Loans Note: commercial payoffs and new originations and associated yields (in charts above) are WesBanco-only and do not include PFC (1) WesBanco-only and does not include PFC

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![Slide 6](wsbc-ex99_2s6.jpg)

Deposit growth fully funded loan growth Note: "uninsured deposits" are approximated; "collateralized municipal deposits" are collateralized by securities Reflecting $6.9 billion of deposits from PFC and organic growth, total deposits increased 53.8% YoY to $21.3 billion Deposit growth fully funded loan growth both year-over-year and sequentially On a sequential quarter basis, total deposits increased $130 million due to the efforts of our consumer and business teams more than offsetting the intentional runoff of $50 million of higher cost brokered deposits and less reliance on public funds from PFC Distribution: consumer ~52% and business ~32% (note: public funds, which are separately collateralized, ~16%) Average loans to average deposits were 89.4%, providing continued capacity to fund loan growth Q3 2025 Total Deposits

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![Slide 7](wsbc-ex99_2s7.jpg)

Tangible common equity to tangible assets ratio of 7.92%, which reflects the impact of the successful closing of the PFC acquisition Weighted average yield 3.20% vs. 2.57% last year Weighted average duration 4.2 Total unrealized securities losses (after-tax): Available for Sale ("AFS") = $155MM Held to Maturity ("HTM")(2) = $83MM Securities represent 16% of total assets Note: securities chart excludes allowance for credit losses for HTM securities; weighted average yields have been calculated on a taxable-equivalent basis using the federal statutory rate of 21%; after-tax unrealized losses have been calculated using the Other Comprehensive Income ("OCI") tax rate of ~23% Non-GAAP measure – please see reconciliation in appendix HTM losses not recognized in accumulated other comprehensive income Q3 2025 Total Securities

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![Slide 8](wsbc-ex99_2s8.jpg)

NIM benefiting from loan growth and management of funding costs Q2 2025 NIM of 3.53% improved 58 basis points YoY, through a combination of higher loan and securities yields and lower funding costs As expected, the NIM declined 6 basis points on a sequential quarter basis due to the repricing of PFC marked certificates of deposits partially offset by legacy net interest margin improvement Deposit funding costs, including non-interest bearing deposits, were 192 basis points and decreased 13 basis points YoY FHLB borrowings of $1.3 billion decreased $475 million quarter-over-quarter as advances were paid-off with excess cash Of the $1.3 billion of borrowings at 9/30/2025, approximately 92% have 2025 maturities, with an average rate of 4.42% Q3 2025 Net Interest Margin (NIM)

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![Slide 9](wsbc-ex99_2s9.jpg)

Non-interest income increased year-over-year due primarily to the acquisition of PFC which drove higher service charges on deposits, trust fees, mortgage banking income, digital banking income, and bank-owned life insurance Service charges on deposits reflect the addition of PFC, fee income from new products and services and treasury management, and increased general consumer spending Digital banking fees reflect higher volumes primarily associated with our larger customer base Reflecting record asset levels, trust fees and securities brokerage revenue increased due to the addition of PFC wealth clients, market value appreciation, and organic growth Gross swap fees were $3.2 million, compared to $1.1 million in the prior year Fair market valuation was a negligible gain, as compared to a $1.7 million loss last year Fee income increased $15.3 million, or 51.5%, year-over-year Note: OREO = other real estate owned; AUM = assets under management; securities account values include annuities Q3 2025 Non-Interest Income

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![Slide 10](wsbc-ex99_2s10.jpg)

Expenses declined $0.7 million sequentially due to cost control Q3 2025 Non-Interest Expense Non-interest expense, excluding merger and restructuring charges, decreased sequentially from discretionary cost control Marketing expense increased quarter-over-quarter in support of our deposit campaign Non-interest expense, excluding merger and restructuring charges, increased 46% YoY due to the addition of the PFC expense base associated with approximately 900 employees and 70 financial centers Salaries and wages and employee benefits expense increased due to higher staffing levels and higher health insurance costs Amortization of intangible assets increased due to the core deposit intangible asset that was created from the acquisition of PFC

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![Slide 11](wsbc-ex99_2s11.jpg)

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 $20B to $50B (excluding FINN) from S&P Capital IQ (as of 9/30/2025) and represent simple averages except criticized & classified loans as % of total loans and allowance for credit losses as % of total loans which are weighted averages Non-Performing Assets as % of Total Assets Net Charge-Offs as % of Average Loans (Annualized) Allowance for Credit Losses as % of Total Loans Criticized & Classified Loans as % of Total Loans Strong Legacy of Credit Quality

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![Slide 12](wsbc-ex99_2s12.jpg)

Allowance coverage ratio of 1.15% Note: ACL at 9/30/2025 excludes off-balance sheet credit exposures of $7.6 million The allowance for credit losses on loans was $217.7 million at 9/30/2025, which provided a coverage ratio of 1.15% Excluded from the allowance for credit losses and related coverage ratio are fair market value adjustments on previously acquired loans representing 1.67% of total loans Q3 2025 Current Expected Credit Loss (CECL)

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![Slide 13](wsbc-ex99_2s13.jpg)

Capital ratios above both regulatory and well-capitalized levels Note: financial data as of quarter ending 12/31; current year data as of 9/30/2025 and reflects successful acquisition of PFC; WSBC adopted Current Expected Credit Losses ("CECL") accounting standard on 1/1/2020; in conjunction with the PFC acquisition, WSBC raised $200MM of common equity on 8/1/2024 to support future growth and issued $1B of common equity on the 2/28/2025 closing Under the existing share repurchase authorization that was approved on February 24, 2022 by WesBanco's Board of Directors Non-GAAP measure – please see reconciliation in appendix Tangible Equity to Tangible Assets(2) Tier 1 Risk-Based Capital Ratio Well-Capitalized 8.0% Required 6.0% On 9/10/2025, raised $230 million of Series B preferred stock through the issuance of 9.2 million depositary shares $150 million of the proceeds will be used to redeem the Series A preferred stock, $50 million to redeem sub-debt from PFC, and general corporate purposes ~0.9 million shares continue to remain for repurchase (as of 9/30/2025)(1) Strong Capital Position

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![Slide 14](wsbc-ex99_2s14.jpg)

Appendix

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![Slide 15](wsbc-ex99_2s15.jpg)

Pre-Tax, Pre-Provision Income (PTPP) and Ratios Reconciliation

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![Slide 16](wsbc-ex99_2s16.jpg)

Net Income and Diluted Earnings per Share (EPS) Reconciliation

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![Slide 17](wsbc-ex99_2s17.jpg)

Tangible Book Value per Share Reconciliation

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![Slide 18](wsbc-ex99_2s18.jpg)

Efficiency Ratio Reconciliation

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![Slide 19](wsbc-ex99_2s19.jpg)

Return on Average Assets (1) three-, six-, and nine-month (as applicable) figures are annualized Reconciliation

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![Slide 20](wsbc-ex99_2s20.jpg)

Return on Average Tangible Equity (1) three-, six-, and nine-month (as applicable) figures are annualized Reconciliation

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![Slide 21](wsbc-ex99_2s21.jpg)

Tangible Equity to Tangible Assets Reconciliation Note: Premier Financial Corporation merger closed February 2025; Old Line Bancshares merger closed November 2019; Farmers Capital Bank Corporation merger closed August 2018; First Sentry Bancshares merger closed April 2018; Your Community Bankshares merger closed September 2016; ESB Financial merger closed February 2015

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![Slide 22](wsbc-ex99_2s22.jpg)

Tangible Common Equity to Tangible Assets Note: Premier Financial Corporation merger closed February 2025; Old Line Bancshares merger closed November 2019; Farmers Capital Bank Corporation merger closed August 2018; First Sentry Bancshares merger closed April 2018; Your Community Bankshares merger closed September 2016; ESB Financial merger closed February 2015 Reconciliation