WesBanco Announces Fourth Quarter 2018 Net Income

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Go back to WesBanco Announces Fourth Quarter 2018 Net Income

WesBanco (WSBC) Tops Q4 EPS by 7c

January 28, 2019 4:23 PM EST

WesBanco (NASDAQ: WSBC) reported Q4 EPS of $0.82, $0.07 better than the analyst estimate of $0.75. Revenue for the quarter came in at $101.77 million versus the consensus estimate of $100.84 million.

Execution of well-defined long-term growth strategies combined with strong underlying fundamentals driving strong profitabilityRecord net income during 2018 of $143.1 million, or $157.2 million when excluding merger-related costs2018 net income was positively impacted by the passage of the "Tax Cuts and Jobs Act" in late-2017 which lowered the statutory Federal income tax rate for corporations to 21%, as compared to 35% in... More