Wesbanco, Inc. Files 8-K on Financials and Operations

Ticker: WSBCO · Form: 8-K · Filed: Oct 23, 2024 · CIK: 203596

Sentiment: neutral

Topics: financial-condition, operations, filing

Related Tickers: WSBC

TL;DR

Wesbanco dropped an 8-K detailing its financials and operations. Check it out.

AI Summary

Wesbanco, Inc. filed an 8-K on October 23, 2024, reporting on its results of operations and financial condition. The filing also includes information on other events and financial statements/exhibits. Wesbanco, Inc. is a national commercial bank incorporated in West Virginia.

Why It Matters

This filing provides an update on Wesbanco's financial performance and operational status, which is crucial for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This is a routine filing reporting on financial condition and operations, not indicating any immediate or significant negative events.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing for Wesbanco, Inc.?

The primary purpose is to report on Wesbanco, Inc.'s results of operations and financial condition, as well as other events and financial statements/exhibits.

When was this 8-K filing submitted?

The filing was submitted on October 23, 2024.

What is Wesbanco, Inc.'s state of incorporation?

Wesbanco, Inc. is incorporated in West Virginia.

What is the principal executive office address for Wesbanco, Inc.?

The principal executive office is located at 1 Bank Plaza, Wheeling, West Virginia, 26003.

What is Wesbanco, Inc.'s telephone number?

Wesbanco, Inc.'s telephone number is 304 234-9000.

Filing Stats: 1,235 words · 5 min read · ~4 pages · Grade level 11.3 · Accepted 2024-10-23 16:30:32

Key Financial Figures

Filing Documents

02 Results of Operations and Financial Condition

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, 2024. 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 2024 on Thursday, October 24, 2024 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 7056218. The replay will begin at approximately 5:00 p.m. ET on October 24, 2024 and end at 12 a.m. ET on November 7, 2024. An archive of the webcast will be available for one year on the Investor Relations section of the Company's website (www.wesbanco.com).

01 Other Events

Item 8.01 Other Events. Additional Information about the Merger and Where to Find It On July 25, 2024, Wesbanco and Wesbanco Bank, Inc. ("Wesbanco Bank") entered into an Agreement and Plan of Merger with Premier Financial Corp. ("Premier") and Premier Bank, Inc. ("Premier Bank"), pursuant to which Premier will be merged with and into Wesbanco, with Wesbanco being the surviving company (the "Merger"), and Premier Bank will be merged with and into Wesbanco Bank, with Wesbanco Bank the surviving bank. In connection with the proposed merger, Wesbanco has filed with the SEC a Registration Statement on Form S-4 that will include a joint proxy statement of Wesbanco and Premier and a prospectus of Wesbanco, as well as other relevant documents concerning the proposed transaction. SHAREHOLDERS OF WESBANCO, SHAREHOLDERS OF PREMIER, AND OTHER INTERESTED PARTIES ARE URGED TO READ THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE MERGER WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The Joint Proxy Statement/Prospectus will be mailed to shareholders of Wesbanco and shareholders of Premier prior to the respective shareholder meetings, once they are officially noticed. In addition, when the Registration Statement on Form S-4, which will include the Joint Proxy Statement/Prospectus, and other related documents are filed by Wesbanco or Premier with the SEC, they may be obtained for free at the SEC's website at http://www.sec.gov, and from either Wesbanco's website at https://www.wesbanco.com or Premier's website at https://www.premierfincorp.com/. No Offer or Solicitation This presentation is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed merger and shall not constitute an offer to sell or a solicitation of an offer t

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits: 99.1 - Press release dated October 23, 2024 announcing earnings for the three and nine months ended September 30, 2024. 99.2 – Third quarter 2024 earnings conference call presentation. 104 - Cover Page Interactive Data File (embedded within the Inline XBRL document) . 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. Wesbanco, Inc. (registrant) Date: October 23, 2024 By: /s/ Daniel K. Weiss, Jr. Daniel K. Weiss, Jr. Senior Executive Vice President and Chief Financial Officer

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