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WesBanco Announces Second Quarter 2026 Financial Results

Marked by strong annualized loan growth, top-tier efficiency ratio, and accelerating growth in targeted expansion markets

Wheeling, WVa. (July 21, 2026) – 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 June 30, 2026. Net income available to common shareholders for the second quarter of 2026 was $88.4 million, with diluted earnings per share of $0.91, compared to $54.9 million and $0.57 per diluted share, respectively, for the second quarter of 2025. For the six months ended June 30, 2026, net income was $172.8 million, or $1.79 per diluted share, compared to $43.4 million, or $0.50 per diluted share, for the 2025 period.

As noted below, WesBanco reported $0.92 of earnings per diluted share, in the second quarter, as compared to $0.91 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 $1.83 per diluted share, for the six month period, as compared to $1.60 per diluted share last year (non-GAAP measures).

For the Three Months Ended June 30,

For the Six Months Ended June 30,

2026

2025

2026

2025

(unaudited, dollars in thousands, except per share amounts)

Net Income

Diluted Earnings Per Share

Net Income

Diluted Earnings Per Share

Net Income

Diluted Earnings Per Share

Net Income

Diluted Earnings Per Share

Net income available to common shareholders (GAAP)

$

88,437

$

0.91

$

54,884

$

0.57

$

172,832

$

1.79

$

43,360

$

0.50

Add: After-tax restructuring and merger-related expenses

792

0.01

32,434

0.34

3,726

0.04

48,242

0.56

Add: After-tax day one provision for credit losses on acquired loans

-

-

-

-

-

-

46,926

0.54

Adjusted net income available to common shareholders (Non-GAAP) (1)

$

89,229

$

0.92

$

87,318

$

0.91

$

176,558

$

1.83

$

138,528

$

1.60

(1) See non-GAAP financial measures for additional information relating to the calculation of these items.

Financial and operational highlights for the quarter ended June 30, 2026:

• Generated annualized loan growth of 8.3% over the sequential quarter and 3.5% year-over-year as organic growth across all markets more than offset higher commercial real estate (“CRE”) payoffs of approximately $345 million, which impacted year-over-year loan growth by 1.0%

• Grew commercial loan pipeline to a record $2.3 billion as of June 30, 2026, reflecting strong business development activity and growing opportunities across all markets, with an average loan to deposit ratio of 88.9% that provides substantial capacity to fund loan growth

• Increased net interest margin 4 basis points year-over-year to 3.63%, primarily driven by lower funding costs and asset repricing

• Achieved record fee income levels across securities brokerage, digital banking, and service charges on deposits, as well as record levels of trust assets under management and securities account values

• Improved efficiency ratio more than 1 percentage point both year-over-year and quarter-over-quarter to a record low of 51.2%, primarily due to a focus on driving positive operating leverage

• Advanced our organic growth strategy and commercial momentum in targeted expansion markets, including Northern Virginia, Tennessee, and South Florida; and, positioning the Florida franchise for continued growth through planned financial center openings during the first half of 2027

• Recently recognized as one of America’s High Growth Companies by Business Insider and one of America’s Best Companies by Time

“Our strong second quarter performance reflects the continued success of our relationship-focused banking model and disciplined growth strategy,” said Jeff Jackson, President and Chief Executive Officer, WesBanco. “We generated annualized loan growth of more than 8%, expanded our commercial loan pipeline to a record $2.3 billion, and generated positive operating leverage, demonstrating our ability to drive profitable growth across the franchise. With a solid funding position and strong momentum across our markets – particularly our Premier and expansion markets in Northern Virginia, Tennessee, and Florida – we are well-positioned for continued growth.”

Balance Sheet

WesBanco’s balance sheet, as of June 30, 2026, reflects organic growth and the impact of elevated CRE payoffs. Total assets increased 0.8% year-over-year to $27.8 billion, including total portfolio loans of $19.5 billion and total securities of $4.4 billion. Total portfolio loans increased 3.5% year-over-year due to organic growth of $650 million partially offset by higher CRE payoffs. As anticipated, CRE payoffs continued to remain elevated and totaled approximately $345 milli

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WesBanco, Inc. to Host 2026 Second Quarter Earnings Conference Call and Webcast on Wednesday, July 22nd

Wheeling, WVa., July 2, 2026 – WesBanco, Inc. (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced today it will host a conference call at 9:00 a.m. ET on Wednesday, July 22, 2026. Jeff Jackson, President and Chief Executive Officer, and Dan Weiss, Senior Executive Vice President and Chief Financial Officer, will review financial results for the second quarter of 2026. Results for the quarter are expected to be released after the market close on Tuesday, July 21, 2026.

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, 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 855-669-9658, or 1-412-317-0088 for international callers, and providing the access code of 2665203. The replay will begin at approximately 11:00 a.m. ET on July 22, 2026, and end at 12 a.m. ET on August 6, 2026. An archive of the webcast will be available for one year on the Investor Relations section of the Company’s website (www.wesbanco.com).

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 ten-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 $7.8 billion of assets under management and securities account values (including annuities) of $2.6 billion through our broker/dealer, as of March 31, 2026. Learn more at www.wesbanco.com and follow @WesBanco on Facebook, LinkedIn and Instagram.

SOURCE: WesBanco, Inc.

WesBanco Company Contact:

John H. Iannone

Senior Vice President, Investor Relations

304-905-7021

###

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WesBanco Announces First Quarter 2026 Financial Results

Improved net interest margin 22 basis points year-over-year; advanced organic growth with expansion into South Florida

Wheeling, WVa. (April 21, 2026) – 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 March 31, 2026. Net income available to common shareholders for the first quarter of 2026 was $84.4 million, with diluted earnings per share of $0.88, compared to a loss of $11.5 million and $(0.15) per diluted share, respectively, for the first quarter of 2025. The first quarter of 2025 includes 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, 2025.

As noted below, WesBanco reported $0.91 of earnings per diluted share, in the first quarter, as compared to $0.66 in the prior year period, when excluding after-tax restructuring and merger-related expenses and after-tax day one provision for credit losses on acquired loans (non-GAAP measures).

For the Three Months Ended March 31,

2026

2025

(unaudited, dollars in thousands, except per share amounts)

Net Income

Diluted Earnings Per Share

Net Income

Diluted Earnings Per Share

Net income (loss) available to common shareholders (GAAP)

$

84,395

$

0.88

$

(11,523

)

$

(0.15

)

Add: After-tax restructuring and merger-related expenses(1)

2,933

0.03

15,808

0.21

Add: After-tax day one provision for credit losses on acquired loans

-

-

46,926

0.60

Adjusted net income available to common shareholders (Non-GAAP) (1)

$

87,328

$

0.91

$

51,211

$

0.66

(1) See non-GAAP financial measures for additional information relating to the calculation of these items.

Financial and operational highlights for the quarter ended March 31, 2026:

• Achieved or exceeded year one financial targets outlined in the PFC acquisition model, including a 1.3% return on average assets, 10.7% CET1 ratio, and tangible book value per share of $22.45 (non-GAAP measures)

• Advanced organic growth model with commercial banking expansion into high-growth South Florida markets

• Increased net interest margin 22 basis points year-over-year to 3.57%, driven by lower funding costs and higher earning asset yields

• Improved efficiency ratio nearly 4 percentage points year-over-year to 52.5%, primarily due to expense synergies from the PFC acquisition and the focus on positive operating leverage

• Executed next phase of financial center optimization with planned closure of 10 financial centers in May 2026

• Built record commercial loan pipeline totaling $1.6 billion as of March 31, 2026

• Increased total deposits 1.8% year-over-year on an organic basis to $21.7 billion; flat compared to the fourth quarter

• Increased total loans 2.2% year-over-year as organic growth more than offset higher commercial real estate (“CRE”) payoffs of $340 million

o CRE payoffs impacted year-over-year loan growth by 1.4%

“Our first quarter results demonstrate sound fundamentals and the benefits of our disciplined approach to growth and expense management,” said Jeff Jackson, President and Chief Executive Officer, WesBanco. “We continued to drive organic loan and deposit growth, improved our net interest margin and efficiency ratio year-over-year, and exceeded our year one financial targets for the Premier acquisition – underscoring the strength of our operating model and our ability to deliver on strategic commitments. During the quarter, we took additional steps to position the Company for long-term success – expanding our commercial banking presence to high-growth South Florida markets and further optimizing our financial center network to align with customer behavior and drive operating efficiency. We remain focused on disciplined investment and execution to deliver consistent, sustainable value for our shareholders.”

Balance Sheet

WesBanco’s balance sheet, as of March 31, 2026, reflects organic growth and the impact of elevated CRE payoffs. Total assets increased 0.3% year-over-year to $27.5 billion, including total portfolio loans of $19.1 billion and total securities of $4.4 billion. Total portfolio loans increased 2.2% year-over-year due to organic growth of $667 million offset by higher CRE payoffs of $258 million. As anticipated, CRE payoffs continued to remain elevated and totaled approximately $340 million during the first quarter of 2026, consistent with the elevated quarterly levels incurred during the second half of 2025. The

commercial loan pipeline has grown 35% since year-end to a record $1.6 billion, as of March 31, 2026, and does not yet include the benefit of the South Florida expansion.

Deposits of $21.7 billion increased 1.8% year-over-year due to organic growth that more than offset the decline in higher cost certific