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WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock

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WesBanco (Nasdaq: WSBC) has announced a quarterly cash dividend on its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (WSBCP). The dividend of $0.421875 per depositary share ($16.875 per preferred share) covers the period from November 15, 2024, to February 15, 2025. The dividend will be paid on February 15, 2025, to shareholders of record as of February 1, 2025.

WesBanco operates as a regional financial services provider across eight states, managing $18.5 billion in total assets. The company's Trust and Investment Services division oversees $6.1 billion in assets under management, with securities account values of $1.9 billion through its broker/dealer as of September 30, 2024.

WesBanco (Nasdaq: WSBC) ha annunciato un dividendo in contante trimestrale sulla sua azione preferenziale perpetua non cumulativa a 6,75%, Serie A (WSBCP). Il dividendo di 0,421875 $ per azione di deposito (16,875 $ per azione preferita) copre il periodo dal 15 novembre 2024 al 15 febbraio 2025. Il pagamento del dividendo avverrà il 15 febbraio 2025 agli azionisti registrati entro il 1 febbraio 2025.

WesBanco opera come fornitore di servizi finanziari regionali in otto stati, gestendo 18,5 miliardi di dollari in attivi totali. La divisione Trust e Servizi d'Investimento dell'azienda supervisiona 6,1 miliardi di dollari in attivi gestiti, con valori dei conti di titoli pari a 1,9 miliardi di dollari attraverso il suo broker/dealer al 30 settembre 2024.

WesBanco (Nasdaq: WSBC) ha anunciado un dividendo en efectivo trimestral sobre su 6.75% Acciones Preferentes Perpetuas No Acumulativas, Serie A (WSBCP). El dividendo de $0.421875 por acción depositaria ($16.875 por acción preferente) cubre el período del 15 de noviembre de 2024 al 15 de febrero de 2025. El dividendo se pagará el 15 de febrero de 2025 a los accionistas registrados hasta el 1 de febrero de 2025.

WesBanco opera como un proveedor de servicios financieros regionales en ocho estados, gestionando $18.5 mil millones en activos totales. La división de Servicios Fiduciarios e Inversiones de la compañía supervisa $6.1 mil millones en activos bajo gestión, con valores de cuentas de valores de $1.9 mil millones a través de su corredor/comprador al 30 de septiembre de 2024.

WesBanco (Nasdaq: WSBC)는 6.75% 비누적 영구 우선주, A 시리즈(WSBCP)에 대한 분기 현금 배당금을 발표했습니다. 1주당 $0.421875($16.875 우선주당)의 배당금은 2024년 11월 15일부터 2025년 2월 15일까지의 기간을 포함합니다. 배당금은 2025년 2월 15일에 2025년 2월 1일 기준 주주에게 지급됩니다.

WesBanco는 8개 주에서 지역 금융 서비스 제공업체로 운영되며 $185억의 총 자산을 관리합니다. 회사의 신탁 및 투자 서비스 부서는 2024년 9월 30일 기준으로 $61억의 관리 자산을 감독하며, 증권 계좌 가치는 $19억입니다.

WesBanco (Nasdaq: WSBC) a annoncé un dividende en espèces trimestriel sur ses actions privilégiées perpétuelles non cumulatives de 6,75%, Série A (WSBCP). Le dividende de 0,421875 $ par action de dépôt (16,875 $ par action privilégiée) couvre la période du 15 novembre 2024 au 15 février 2025. Le dividende sera payé le 15 février 2025 aux actionnaires enregistrés au 1er février 2025.

WesBanco opère en tant que fournisseur de services financiers régionaux dans huit États, gérant 18,5 milliards de dollars d'actifs totaux. La division des services fiduciaires et d'investissement de l'entreprise supervise 6,1 milliards de dollars d'actifs sous gestion, avec des valeurs de comptes de titres de 1,9 milliard de dollars via son courtier/dealer au 30 septembre 2024.

WesBanco (Nasdaq: WSBC) hat eine vierteljährliche Bar-Dividende auf seine 6,75% Nicht kumulierten Perpetual Preferred Stock, Serie A (WSBCP) bekannt gegeben. Die Dividende von $0,421875 pro Depotaktie ($16,875 pro Vorzugsaktie) umfasst den Zeitraum vom 15. November 2024 bis zum 15. Februar 2025. Die Dividende wird am 15. Februar 2025 an die zum 1. Februar 2025 registrierten Aktionäre ausgezahlt.

WesBanco agiert als regionaler Anbieter von Finanzdienstleistungen in acht Bundesstaaten und verwaltet $18,5 Milliarden an Gesamtvermögen. Die Abteilung für Treuhand- und Investmentdienstleistungen des Unternehmens überwacht $6,1 Milliarden an verwaltetem Vermögen, mit einem Wert von Wertpapierkonten von $1,9 Milliarden über seinen Broker/Dealer zum 30. September 2024.

Positive
  • Strong asset base of $18.5 billion in total assets
  • Substantial wealth management presence with $6.1 billion in assets under management
  • Additional $1.9 billion in securities account values through broker/dealer
  • Consistent dividend payments to preferred shareholders
Negative
  • None.

WHEELING, W.Va., Dec. 19, 2024 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding shares of its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") (Nasdaq:WSBCP). The declared cash dividend on the Series A Preferred Stock is for the period from November 15, 2024, up to, but excluding February 15, 2025. The declared cash dividend equates to $0.421875 per depositary share, or $16.875 per share of the Series A Preferred Stock outstanding. The cash dividend is payable on February 15, 2025 to shareholders of record on February 1, 2025.

About WesBanco, Inc.
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 eight-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 $18.5 billion in total assets, with our Trust and Investment Services holding $6.1 billion of assets under management and securities account values (including annuities) of $1.9 billion through our broker/dealer, as of September 30, 2024. Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram.

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SOURCE WesBanco, Inc.

FAQ

What is the dividend amount for WesBanco's Series A Preferred Stock (WSBCP) in Q1 2025?

WesBanco's Series A Preferred Stock dividend is $0.421875 per depositary share, or $16.875 per preferred share for Q1 2025.

When is the payment date for WesBanco's (WSBC) latest preferred stock dividend?

The preferred stock dividend will be paid on February 15, 2025, to shareholders of record as of February 1, 2025.

What is WesBanco's (WSBC) total assets under management as of September 2024?

WesBanco's Trust and Investment Services had $6.1 billion of assets under management as of September 30, 2024.

What is the total asset value of WesBanco (WSBC) as of Q3 2024?

WesBanco reported total assets of $18.5 billion as of September 30, 2024.

What is the coverage period for WesBanco's (WSBC) latest preferred stock dividend?

The dividend covers the period from November 15, 2024, up to, but excluding February 15, 2025.

WesBanco Inc

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