Wesbanco (Wesbanco) Debt-to-Equity

: 0.69 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

Wesbanco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $105.9 Mil. Wesbanco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,629.1 Mil. Wesbanco's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,533.1 Mil. Wesbanco's debt to equity for the quarter that ended in Dec. 2023 was 0.68.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Wesbanco's Debt-to-Equity or its related term are showing as below:

WSBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.71 Max: 1.02
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of Wesbanco was 1.02. The lowest was 0.17. And the median was 0.71.

WSBC's Debt-to-Equity is ranked better than
50.36% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs WSBC: 0.69

Wesbanco Debt-to-Equity Historical Data

The historical data trend for Wesbanco's Debt-to-Equity 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.73

0.36

0.17

0.46

0.69

Wesbanco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.46	0.68	0.72	0.62	0.69

Competitive Comparison

For the Banks - Regional subindustry, Wesbanco's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Wesbanco's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wesbanco's Debt-to-Equity falls into.

Wesbanco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wesbanco's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(105.893	+	1629.078)	/	2533.062
	=	0.68

Wesbanco's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(105.893	+	1629.078)	/	2533.062
	=	0.68

Wesbanco (NAS:WSBC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Wesbanco Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Wesbanco's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Wesbanco (Wesbanco) Business Description

Industry

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

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