Wesbanco (Wesbanco) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Wesbanco LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Wesbanco's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Wesbanco's long-term debt to total assets ratio declined from Mar. 2023 (0.09) to Mar. 2024 (0.08). It may suggest that Wesbanco is progressively becoming less dependent on debt to grow their business.

Wesbanco LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wesbanco's LT-Debt-to-Total-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.

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Wesbanco LT-Debt-to-Total-Asset Chart

Wesbanco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.05

0.02

0.06

0.09

Wesbanco Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.10	0.08	0.09	0.08

Wesbanco LT-Debt-to-Total-Asset Calculation

Wesbanco's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1629.078	/	17712.374
	=	0.09

Wesbanco's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1379.136	/	17772.735
	=	0.08

Wesbanco (NAS:WSBC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Wesbanco LT-Debt-to-Total-Asset Related Terms

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Wesbanco (Wesbanco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wesbanco Inc (NAS:WSBC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WSBCP.PFD:USA WEY:Germany

Address

1 Bank Plaza, Wheeling, WV, USA, 26003

Website

https://www.wesbanco.com

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