WesBanco (WSBC) Tops Q1 EPS by 37c
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EPS Growth %: +49.1%
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Total interest expense: 8.07M
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WesBanco (NASDAQ: WSBC) reported Q1 EPS of $1.05, $0.37 better than the analyst estimate of $0.68.
"We are pleased with WesBanco's performance during the first quarter of 2021 as we are in the early stages of emerging from the pandemic," said Todd F. Clossin, President and Chief Executive Officer of WesBanco. "I am proud of our entire organization as it has worked tirelessly to serve our customers and communities throughout the past year. Their outstanding efforts led to WesBanco Bank recently being named, for the third year in a row, one of the world's best banks in an independent ranking based solely on customer satisfaction and feedback. This exceptional ranking is in addition to being named one of the fifteen best banks in America by Forbes magazine, which represents our eleventh year making the list since its inception in 2010."
Mr. Clossin added, "I would also like to recognize Abdul Muhammad, our Senior Vice President and Regional Manager of Residential Lending. In addition to his chairing our Diversity, Equity, and Inclusion Council, he was recently appointed as one of the eight members of the Federal Reserve Bank of Cleveland's Equity and Inclusion Advisory Council. We are excited about our opportunities for the upcoming year as we build upon our well-defined, long-term strategies by leveraging the efforts of Abdul and our Council to further the principles of diversity and inclusion across not just WesBanco but also our communities."
For earnings history and earnings-related data on WesBanco (WSBC) click here.
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