WesBanco Historical Income Statement

WSBC Stock  USD 28.31  0.03  0.11%   
Historical analysis of WesBanco income statement accounts such as Interest Expense of 61.6 M, Other Operating Expenses of 658.5 M, Operating Income of 664.2 M or Ebit of 0.0 can show how well WesBanco performed in making a profits. Evaluating WesBanco income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of WesBanco's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining WesBanco latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether WesBanco is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesBanco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.

About WesBanco Income Statement Analysis

WesBanco Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to WesBanco shareholders. The income statement also shows WesBanco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

WesBanco Income Statement Chart

WesBanco Income Statement is one of the three primary financial statements used for reporting WesBanco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of WesBanco revenue and expense. WesBanco Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, WesBanco's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 105.3 M, whereas Interest Expense is forecasted to decline to about 61.6 M.

Operating Income

Operating Income is the amount of profit realized from WesBanco operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of WesBanco is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in WesBanco financial statement analysis. It represents the amount of money remaining after all of WesBanco operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Cost Of Revenue

Cost of Revenue is found on WesBanco income statement and represents the costs associated with goods and services WesBanco provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from WesBanco's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into WesBanco current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesBanco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.At present, WesBanco's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 105.3 M, whereas Interest Expense is forecasted to decline to about 61.6 M.
 2021 2022 2023 2024 (projected)
Operating Income301.8M275.7M632.5M664.2M
Other Operating Expenses288.9M64.3M627.2M658.5M

WesBanco income statement Correlations

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Click cells to compare fundamentals

WesBanco Account Relationship Matchups

WesBanco income statement Accounts

201920202021202220232024 (projected)
Interest Expense84.3M61.8M27.0M39.3M78.4M61.6M
Other Operating Expenses323.4M462.6M288.9M64.3M627.2M658.5M
Operating Income193.2M145.1M301.8M275.7M632.5M664.2M
Ebit245.7M193.2M145.1M301.8M275.7M0.0
Ebitda203.6M158.5M313.3M286.0M9.1M8.6M
Total Operating Expenses(323.4M)(462.6M)(288.9M)64.3M100.3M105.3M
Net Income158.9M122.0M242.3M192.1M159.0M167.0M
Income Tax Expense34.3M23.0M59.6M44.3M35.0M36.8M
Depreciation And Amortization10.3M13.4M11.5M10.3M9.1M6.5M
Selling General Administrative173.8M202.6M199.4M212.7M236.1M247.9M
Total Revenue516.6M607.7M590.7M591.7M825.1M866.3M
Gross Profit454.0M536.9M520.7M527.4M757.2M795.1M
Income Before Tax193.2M145.1M301.8M236.4M194.0M203.8M
Total Other Income Expense Net(222.3M)(319.5M)(104.4M)(39.3M)194.0M203.8M
Cost Of Revenue62.7M70.7M70.1M64.3M67.8M55.0M
Net Income Applicable To Common Shares158.9M119.4M232.1M182.0M209.3M219.8M
Selling And Marketing Expenses6.1M6.0M8.6M9.3M11.2M6.3M
Net Income From Continuing Ops158.9M122.0M242.3M192.1M176.3M128.9M
Tax Provision34.3M23.0M59.6M44.3M38.3M42.1M
Net Interest Income399.9M479.5M457.9M474.3M493.5M419.6M
Interest Income484.3M541.3M485.0M513.7M669.1M487.5M
Reconciled Depreciation11.6M14.1M11.5M10.3M9.4M8.9M

WesBanco Investors Sentiment

The influence of WesBanco's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in WesBanco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to WesBanco's public news can be used to forecast risks associated with an investment in WesBanco. The trend in average sentiment can be used to explain how an investor holding WesBanco can time the market purely based on public headlines and social activities around WesBanco. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
WesBanco's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for WesBanco's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average WesBanco's news discussions. The higher the estimated score, the more favorable is the investor's outlook on WesBanco.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WesBanco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WesBanco's short interest history, or implied volatility extrapolated from WesBanco options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether WesBanco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WesBanco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wesbanco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesbanco Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WesBanco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade WesBanco Stock refer to our How to Trade WesBanco Stock guide.
Note that the WesBanco information on this page should be used as a complementary analysis to other WesBanco's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running WesBanco's price analysis, check to measure WesBanco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WesBanco is operating at the current time. Most of WesBanco's value examination focuses on studying past and present price action to predict the probability of WesBanco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WesBanco's price. Additionally, you may evaluate how the addition of WesBanco to your portfolios can decrease your overall portfolio volatility.
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Is WesBanco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WesBanco. If investors know WesBanco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WesBanco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Dividend Share
1.42
Earnings Share
2.4
Revenue Per Share
9.71
Quarterly Revenue Growth
(0.05)
The market value of WesBanco is measured differently than its book value, which is the value of WesBanco that is recorded on the company's balance sheet. Investors also form their own opinion of WesBanco's value that differs from its market value or its book value, called intrinsic value, which is WesBanco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WesBanco's market value can be influenced by many factors that don't directly affect WesBanco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WesBanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if WesBanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WesBanco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.