Esb Financial Corp (ESBF) 17.77 $ESBF WesBanco Announces

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Esb Financial Corp (ESBF) 17.77 $ESBF

WesBanco Announces First Quarter 2016 Net Income
PR Newswire - Wed Apr 20, 7:48AM CDT
Todd F. Clossin, President and Chief Executive Officer of WesBanco, Inc. (NASDAQ Global Market: WSBC), a Wheeling, West Virginia based multi-state bank holding company, today announced net income and related earnings per share for the three months ended March 31, 2016. Net income for the three months ended March 31, 2016 was $22.9 million or $0.60 per diluted share compared to $13.9 million or $0.40 per diluted share for the first quarter of 2015. Net income excluding after-tax merger-related expenses (non-GAAP measure), increased 13.2% to $22.9 million compared to $20.2 million for the first quarter of 2015, while diluted earnings per share, excluding after-tax merger-related expenses (non-GAAP measure), totaled $0.60, compared to $0.59 per share for the first quarter of 2015.
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

WesBanco reports Q4 2015 net income of USD23m
M2 - Wed Feb 03, 7:41AM CST
WesBanco, Inc. (NASDAQ: WSBC) has reported net income for the three months ended December 31, 2015 was USD23.0 million, while diluted earnings per share were USD0.60, compared to USD16.5 million or USD0.56 per diluted share for the fourth quarter of 2014, the company said. Net income for 2015 was USD80.8 million or USD2.15 per diluted share compared to USD70.0 million or USD2.39 per diluted share for 2014. For the year ended December 31, 2015, net income excluding after-tax merger-related expenses (non-GAAP measure), increased 24.2 percent to USD88.0 million compared to USD70.8 million for 2014, while diluted earnings per share, excluding after-tax merger-related expenses (non-GAAP measure), totaled USD2.34, compared to USD2.41 per share for 2014. WesBanco's results for the three and 12 months ended December 31, 2015 included ESB Financial Corporation's results from February 10, 2015, the date of consummation of the merger. ESB was a Pennsylvania thrift holding company with approximately USD2.0 billion in assets and 23 offices in southwestern Pennsylvania. Total assets at December 31, 2015 increased 34.5 percent or USD2.2 billion compared to December 31, 2014, with approximately USD2.0 billion from the acquisition of ESB and USD0.2 billion from organic growth exclusive of ESB. Portfolio loans increased USD979.1 million, with USD701.0 million from the acquisition and USD278.1 million from loan growth exclusive of ESB. Organic loan growth in 2015 was 6.8 percent, primarily achieved through USD1.8 billion in loan originations compared to USD1.4 billion last year. Organic loan growth occurred in all loan categories, with approximately 15.2 percent of the growth in commercial and industrial loans and 22.0 percent in home equity loans. Loan growth was driven by increased business activity, additional commercial and residential lending personnel in urban markets, focused marketing efforts and continued improvement in loan origination processes. Net interest income increased USD43.8 million or 22.6 percent in 2015 compared to 2014 due to a 29.9 percent increase in average earning assets, primarily through the acquisition, and through a 6.7 percent increase in average loan balances, exclusive of ESB, partially offset by a 20 basis point decrease in the net interest margin. WesBanco is a multi-state bank holding company with total assets of approximately USD8.5 billion, operating in West Virginia, Ohio, and Pennsylvania. WesBanco's banking subsidiary is WesBanco Bank, Inc., headquartered in Wheeling, West Virginia.
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

WesBanco Announces 2015 Net Income
PR Newswire - Tue Jan 26, 3:19PM CST
Todd F. Clossin, President and Chief Executive Officer of WesBanco, Inc. (NASDAQ: WSBC), a Wheeling, West Virginia based multi-state bank holding company, today announced net income and related earnings per share for the three and twelve months ended December 31, 2015. Net income for 2015 was $80.8 million or $2.15 per diluted share compared to $70.0 million or $2.39 per diluted share for 2014. Net income for the three months ended December 31, 2015 was $23.0 million, while diluted earnings per share were $0.60, compared to $16.5 million or $0.56 per diluted share for the fourth quarter of 2014. For the year ended December 31, 2015, net income excluding after-tax merger-related expenses (non-GAAP measure), increased 24.2% to $88.0 million compared to $70.8 million for 2014, while diluted earnings per share, excluding after-tax merger-related expenses (non-GAAP measure), totaled $2.34, compared to $2.41 per share for 2014.
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

WesBanco Announces Third Quarter 2015 Net Income
PR Newswire - Tue Oct 20, 3:05PM CDT
Todd F. Clossin, President and Chief Executive Officer of WesBanco, Inc. (NASDAQ: WSBC), a Wheeling, West Virginia based multi-state bank holding company, today announced net income and related earnings per share for the three and nine months ended September 30, 2015. Net income for the three months ended September 30, 2015 was $22.2 million, while diluted earnings per share were $0.58, compared to $18.2 million or $0.62 per diluted share for the third quarter of 2014. Net income for the first nine months of 2015 was $57.8 million or $1.55 per diluted share compared to $53.5 million or $1.82 per diluted share for the same period of 2014. For the nine month period ending September 30, 2015, net income excluding after-tax merger-related expenses of $7.2 million, increased 21.5% to $64.9 million (non-GAAP measure) compared to $53.5 million for the same period in 2014, while diluted earnings per share, excluding after-tax merger-related expenses, totaled $1.75 (non-GAAP measure), compared to $1.82 per share for the same 2014 period.
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

WesBanco Announces Second Quarter 2015 Net Income
PR Newswire - Tue Jul 21, 3:21PM CDT
Todd F. Clossin, President and Chief Executive Officer of WesBanco, Inc. (NASDAQ Global Market: WSBC), a Wheeling, West Virginia based multi-state bank holding company, today announced net income and related earnings per share for the three and six months ended June 30, 2015. Net income for the three months ended June 30, 2015, excluding after-tax merger-related expenses of $0.7 million, was $22.4 million (non-GAAP measure) compared to $18.9 million for the second quarter of 2014, representing an increase of 18.5%. Diluted earnings per share, excluding after-tax merger-related expenses, were $0.58 (non-GAAP measure), compared to $0.64 per share for the second quarter of 2014. For the six month period ending June 30, 2015, net income excluding after-tax merger-related expenses of $7.1 million, was $42.6 million (non-GAAP measure) compared to $35.3 million for the first half of last year, representing an increase of 20.6%. Diluted earnings per share, excluding after-tax merger-related expenses, totaled $1.17 (non-GAAP measure), compared to $1.20 per share for the first six months of 2014. On a GAAP basis, net income for the three months ended June 30, 2015 was $21.6 million, while diluted earnings per share were $0.56, compared to $18.9 million or $0.64 per diluted share for the second quarter of 2014. Net income for the first half of 2015 was $35.5 million or $0.97 per diluted share compared to $35.3 million or $1.20 per diluted share for the same period of 2014. For the three and six month periods, temporary extra operating costs of $0.3 million and $0.8 million, after tax, were incurred between ESB closing and branch systems conversion.
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

WesBanco, Inc. Consummates Merger with ESB Financial Corporation and Appoints Directors
PR Newswire - Tue Feb 10, 4:15PM CST
WesBanco, Inc. ("WesBanco" (NASDAQ Global Select Market: WSBC), a multi-state bank holding company headquartered in Wheeling, West Virginia, and ESB Financial Corporation ("ESB" (NASDAQ Global Select Market: ESBF), headquartered in Ellwood City, Pennsylvania, jointly announced today the consummation of WesBanco's acquisition of ESB and the appointment of two directors to the WesBanco board of directors ("Board". Todd F. Clossin, President and Chief Executive Officer, of WesBanco and Charlotte A. Zuschlag, President and Chief Executive Officer of ESB, made the joint announcement.
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

ESB Financial Corporation Announces Record Earnings for 2014
BusinessWire - Tue Jan 27, 3:22PM CST
ESB Financial Corporation (NASDAQ: ESBF), the parent company of ESB Bank, today announced earnings of $1.02 per diluted share on net income of $18.2 million for the year ended December 31, 2014, which represents a 17.2% increase in net income per diluted share as compared to earnings of $0.87 per diluted share on net income of $15.3 million for the year ended December 31, 2013. The Company's return on average assets and return on average equity were 0.94% and 9.01%, respectively, for the year ended December 31, 2014 compared to 0.81% and 8.09%, respectively, for the year ended December 31, 2013.
ESBF: 17.77 (+0.05)

WesBanco and ESB Financial Announce Shareholders Approve Merger Agreement
PR Newswire - Thu Jan 22, 3:53PM CST
On January 22, 2015, shareholders of WesBanco, Inc. ("WesBanco" (NASDAQ Global Select Market: WSBC) approved the issuance of shares of WesBanco common stock in connection with the previously announced Agreement and Plan of Merger pursuant to which ESB Financial Corporation ("ESB" (NASDAQ Global Select Market: ESBF) will merge with and into WesBanco. In a separate vote, shareholders of ESB adopted the Agreement and Plan of Merger thereby approving the merger.
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

SHAREHOLDER ALERT: Brodsky & Smith, LLC Files Class Action against ESB Financial, Inc. in Connection with the Sale of the Company -ESBF
PR Newswire - Tue Dec 16, 3:58PM CST
Law office of Brodsky & Smith, LLC today announced that on December 15, 2014, a class action was commenced on behalf of all holders of ESB Financial, Inc. ("ESBF" or the "Company" (Nasdaq- ESBF- News) common shares in the United States District Court for the Western District of Pennsylvania relating to the proposed acquisition by WesBanco, Inc. ("WesBanco" (the "Proposed Transaction".
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

ESBF INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Board of Directors of ESB Financial Corp. Regarding the Fairness of the Sale of the Company to WesBanco Inc. - ESBF
PR Newswire - Mon Nov 17, 11:49AM CST
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of ESB Financial Corp. (NasdaqGS: ESBF) ("ESB" in connection with the sale of the Company to WesBanco Inc. (NasdaqGS: WSBC) ("WesBanco".
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of ESB Financial Corp. in Connection with the Sale of the Company
BusinessWire - Mon Nov 17, 6:15AM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of ESB Financial Corp. ("ESB Financial" or the "Company" (Nasdaq:ESBF) relating to the proposed acquisition by WesBanco Inc. ("WesBanco".
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Board of Directors of ESB Financial Corp. Regarding the Fairness of the Sale of the Company to WesBanco Inc. - ESBF
BusinessWire - Wed Nov 05, 12:43PM CST
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of ESB Financial Corp. (NasdaqGS:ESBF) ("ESB" in connection with the sale of the Company to WesBanco Inc. (NasdaqGS:WSBC) ("WesBanco".
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

ESB FINANCIAL CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
PR Newswire - Wed Nov 05, 12:41PM CST
Rigrodsky & Long, P.A.:
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

Lifshitz & Miller Law Firm Announces Investigation of American Realty Capital Properties Inc., Covance Inc., Elecsys Corporation, ESB Financial Corporation, Hudson Valley Holding Corp., Monarch Community Bancorp, Inc., and Penford Corporation
PR Newswire - Wed Nov 05, 12:22PM CST
American Realty Capital Properties Inc.
ESBF: 17.77 (+0.05), ESYS: 17.46 (+0.01), PENX: 18.98 (+0.14), HVB: 28.21 (+0.16), ARCP: 8.60 (-0.09), CVD: 106.42 (-0.71)

SHAREHOLDER ALERT: Brower Piven Launches An Investigation Into The Proposed Merger Of ESB Financial Corp. With WesBanco Inc. And Encourages Investors To Contact The Firm For Additional Information
BusinessWire - Tue Nov 04, 5:21PM CST
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of ESB Financial Corp. ("ESB" or the "Company" (Nasdaq: ESBF) relating to the proposed buyout of the Company by WesBanco Inc. ("WesBanco".
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of ESB Financial Corp. of Investigation of the Board of Directors of the Company Regarding the Fairness of the Sale of the Company to WesBanco Inc.
BusinessWire - Mon Nov 03, 3:03PM CST
Levi & Korsinsky is investigating the Board of Directors of ESB Financial Corp. ("ESB" or "the Company" (NasdaqGS:ESBF) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to WesBanco Inc. (NasdaqGS:WSBC).
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

ESB FINANCIAL CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of ESB Financial Corp. (ESBF) Over the Proposed Sale of the Company to WesBanco, Inc.
PR Newswire - Fri Oct 31, 6:20PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of ESB Financial Corp. ("ESB" or the "Company" (Nasdaq: ESBF) for potential breaches of fiduciary duties in connection with the sale of the Company to WesBanco, Inc. ("WesBanco" (WSBC) for approximately $324.40 million. The Company's stockholders will receive .502 shares of WesBanco and $1.76 for each share of ESB common stock they own.
ESBF: 17.77 (+0.05), WSBC: 30.98 (+0.54)

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