WesBanco Announces Fourth Quarter 2020 Financial Results
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WesBanco (WSBC) Tops Q4 EPS by 15c
January 26, 2021 4:41 PM ESTWesBanco (NASDAQ: WSBC) reported Q4 EPS of $0.76, $0.15 better than the analyst estimate of $0.61.
Financial and operational highlights during the quarter ended December 31, 2020:
WesBanco is a well-capitalized financial institution with solid liquidity and a strong balance sheetStrong year-over-year growth in pre-tax, pre-provision income (non-GAAP measure) for both the quarter and annual periodsTotal loan growth was 5.1% year-over-year, driven by WesBanco's support of small businesses impacted by the pandemicTotal loan growth includes nearly 6,850 loans remaining from the first rounds of the Small Business Administration's Payroll Protection Program ("SBA PPP") totaling approximately $726.3... More