WesBanco reported net income available to common shareholders of $88.4 million for the quarter ended June 30, 2026, with diluted earnings per share of $0.91. Adjusted net income (excluding after‑tax restructuring/merger costs) was $89.2 million, or $0.92 per diluted share. For the six months ended June 30, 2026, net income was $172.8 million, or $1.79 per diluted share, and adjusted diluted EPS was $1.83.

Financial Highlights

  • Net income available to common shareholders (GAAP) for Q2 2026: $88,437 thousand; diluted EPS: $0.91.
  • Adjusted net income (excluding after‑tax restructuring & merger-related expenses) for Q2 2026: $89,229 thousand; adjusted diluted EPS: $0.92.
  • Six months ended June 30, 2026 — net income: $172,832 thousand; diluted EPS: $1.79; adjusted diluted EPS (excl. specified items): $1.83.
  • Net interest income for Q2 2026: $222,162 thousand; net interest margin: 3.63% (Q2 2026).
  • Non-interest income for Q2 2026: $53,632 thousand (up 22.0% year-over-year); total assets at June 30, 2026: $27,796,917 thousand.

Business Highlights

  • Loan growth: Annualized sequential loan growth of 8.3% and year-over-year portfolio loan increase of 3.5% driven by organic growth across markets despite elevated CRE payoffs (~$345 million in Q2).
  • Commercial pipeline: Record commercial loan pipeline of $2.3 billion as of June 30, 2026, reflecting expanded business development across markets.
  • Deposit composition and funding: Total deposits of $21.6 billion (up 2.1% year-over-year); demand deposits comprised 49% of total deposits with non-interest bearing at 24%.
  • Efficiency and operating leverage: Efficiency ratio improved to a record low 51.2% for the quarter, down more than one percentage point year-over-year and quarter-over-quarter.
  • Market expansion and operations: Continued commercial momentum and organic expansion in Northern Virginia, Tennessee and South Florida, with planned Florida financial center openings in H1 2027 and recognition for growth by Business Insider and Time.

Original SEC Filing:

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