WesBanco (WSBC) investor relations material

Executive summary

• Q3 net income available to common shareholders was $85.3 million, or $0.88 per diluted share; adjusted diluted EPS was $0.89.

• Organic loan growth, higher net interest income and expansion-market momentum supported results despite elevated CRE payoffs.

• Annualized sequential loan growth was 8.7%, with a $1.8 billion commercial loan pipeline at quarter-end.

Financial highlights

• Q3 net interest income rose 4.7% YoY to $226.9 million; non-interest income increased 2.2% to $45.9 million.

• Adjusted non-interest expense was $150.1 million, up 3.7% YoY; reported expense was $150.9 million.

• Total assets reached $28.5 billion; portfolio loans were $19.9 billion and deposits were $21.6 billion.

• Nine-month adjusted diluted EPS was $2.72, up 6.7% YoY.

Outlook and guidance

• Full-year 2026 loan growth is expected in the mid-single digits; the $1.8 billion commercial pipeline supports growth despite CRE payoffs.

• Q4 NIM may be 1–2 bps below Q3’s 3.60%; asset repricing is expected to offset rising deposit costs and support a roughly stable margin into 2027.

• Q4 fee income is expected to grow 3%–5% YoY; expenses are expected near $153 million after adding back Q3 one-time employee-benefit credits.

• Full-year effective tax rate is expected near 21%; management expects strong Q4 deposit growth and two Fed hikes, in December and March 2027.