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Wesbanco (Wesbanco) Gross-Profit-to-Asset % : 3.33% (As of Dec. 2023)


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What is Wesbanco Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Wesbanco's annualized Gross Profit for the quarter that ended in Dec. 2023 was $583.5 Mil. Wesbanco's average Total Assets over the quarter that ended in Dec. 2023 was $17,528.4 Mil. Therefore, Wesbanco's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.33%.


Wesbanco Gross-Profit-to-Asset % Historical Data

The historical data trend for Wesbanco's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wesbanco Gross-Profit-to-Asset % Chart

Wesbanco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 3.73 3.49 3.46 3.43

Wesbanco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.52 3.50 3.38 3.33 3.26

Competitive Comparison of Wesbanco's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Wesbanco's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wesbanco's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wesbanco's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Wesbanco's Gross-Profit-to-Asset % falls into.



Wesbanco Gross-Profit-to-Asset % Calculation

Wesbanco's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=594.694/( (16931.905+17712.374)/ 2 )
=594.694/17322.1395
=3.43 %

Wesbanco's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=583.54/( (17344.377+17712.374)/ 2 )
=583.54/17528.3755
=3.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Wesbanco Gross-Profit-to-Asset % Related Terms

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Wesbanco (Wesbanco) Business Description

Traded in Other Exchanges
Address
1 Bank Plaza, Wheeling, WV, USA, 26003
Wesbanco Inc is a bank holding company that offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking, and insurance. The company has two reportable segments: community banking and trust and investment services. WesBanco operates one commercial bank, WesBanco Bank, which runs scores of branches. Its market service area primarily includes the Rust Belt region of the United States. Commercial real estate accounts for nearly half of the bank's loan portfolio. The bank has historically grown through both organic growth and acquisitions. The bank's primary component of net revenue is net interest income.
Executives
Proctor Gregory S Jr director 2995 CRAIN HIGHWAY, WALDORF MD 20601
Jeffrey H Jackson officer: SEVP & COO C/O WESBANCO, ONE BANK PLAZA, WHEELING WV 26003
Robert J Fitzsimmons director 1701 WARWOOD AVENUE, WHEELING WV 26003
Denise H Knouse-snyder director C/O WESBANCO INC, ONE BANK PLAZA, WHEELING WV 26003
Kerry M Stemler director
Scott A Love officer: EVP - Wealth Management C/O WESBANCO, ONE BANK PLAZA, WHEELING WV 26003
Jonathan D Dargusch officer: EVP - Wealth Management C/O WESBANCO, INC., ONE BANK PLAZA, WHEELING WV 26003
Todd Clossin officer: EVP & COO 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Jayson M Zatta officer: EVP & Chief Lending Officer C/O WESBANCO INC, ONE BANK PLAZA, WHEELING WV 26003
Brent E Richmond officer: Exec. Vice President WESBANCO, INC, 1 BANK PLAZA, WHEELING WV 26003
Robert H Friend officer: EVP & CCO C/O WESBANCO, ONE BANK PLAZA, WHEELING WV 26003
Joseph R Robinson director 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Rosie Allen-herring director 1525 POINTER RIDGE PLACE, BOWIE MD 20716
Robert H Young officer: Exec Vice President/CFO 1BANK PLAZA, WHEELING WV 26003
Nelson F Eric Jr director C/O WESBANCO INC, ONE BANK PLAZA, WHEELING WV 26003