WesBanco Announces Cash Dividend for Preferred Stock Series A
WesBanco Declares Quarterly Cash Dividend
WesBanco, Inc. (NASDAQ: WSBC), a multi-state bank holding company known for its community-focused services, recently announced the decision by its Board of Directors to declare a quarterly cash dividend. This dividend is for the holders of its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A. The announcement highlights the company's commitment to delivering value to its shareholders through consistent financial performance and strategic growth.
Details of the Dividend Declaration
The declared cash dividend is specifically set for the period from August 15, 2025, up to, but excluding, November 15, 2025. WesBanco has designated the cash dividend at $0.421875 per depositary share, which translates to $16.875 for each share of the Series A Preferred Stock that is currently outstanding. Shareholders of record as of November 1, 2025, will receive this cash dividend on the payment date of November 15, 2025.
Community-Focused Financial Services
Founded over 150 years ago, WesBanco, Inc. has built a legacy as a trusted financial services partner. With a focus on empowering its customers, WesBanco has successfully established a strong brand that resonates with individuals across its eight-state footprint. The bank offers a comprehensive suite of financial services, including retail and commercial banking, trust services, brokerage, wealth management, and insurance, all tailored to meet diverse financial needs.
WesBanco’s Financial Health
As of mid-2025, WesBanco showcases impressive financial health with total assets amounting to $27.6 billion. Furthermore, the Trust and Investment Services division adeptly manages assets worth $7.2 billion, underscoring the company’s robust financial management capabilities. These figures reflect WesBanco's sound business practices and its dedication to maintaining growth that benefits both the company and its clients.
Strength in Community Engagement
WesBanco prides itself on its emphasis on building lasting relationships within the communities it serves. The strategic combination of large bank capabilities with a personalized local approach has enabled WesBanco to effectively address the varied financial requirements of businesses and individuals alike. This community engagement sets the bank apart in a competitive industry.
Future Outlook
As WesBanco continues to evolve and adapt to changing market conditions, the outlook remains positive. By maintaining a focus on customer satisfaction and community engagement, WesBanco is well-positioned for sustained success. Investors can look forward to future initiatives that deepen relationships across the customer base while ensuring consistent performance.
Frequently Asked Questions
What is the amount of the declared cash dividend for Series A stocks?
The declared cash dividend is $0.421875 per depositary share, equating to $16.875 per share of the Series A Preferred Stock.
When will the cash dividend be paid?
The cash dividend will be payable on November 15, 2025, to shareholders who are on record as of November 1, 2025.
Which financial services does WesBanco provide?
WesBanco offers a range of services including retail and commercial banking, trust services, brokerage, wealth management, and insurance services.
How does WesBanco engage with its communities?
The bank builds strong relationships within the communities it serves, focusing on personalized banking solutions that cater to local needs.
What are the total assets of WesBanco?
WesBanco has total assets of approximately $27.6 billion, demonstrating its strong financial position.
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