GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wesbanco Inc (NAS:WSBC) » Definitions » Total Assets

WSBC (Wesbanco) Total Assets : $18,684.3 Mil (As of Dec. 2024)


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

What is Wesbanco Total Assets?

Wesbanco's Total Assets for the quarter that ended in Dec. 2024 was $18,684.3 Mil.

During the past 12 months, Wesbanco's average Total Assets Growth Rate was 20.00% per year. During the past 3 years, the average Total Assets Growth Rate was 12.20% per year. During the past 5 years, the average Total Assets Growth Rate was 5.80% per year. During the past 10 years, the average Total Assets Growth Rate was 11.30% per year.

During the past 13 years, Wesbanco's highest 3-Year average Total Assets Growth Rate was 18.70%. The lowest was -4.80%. And the median was 11.00%.

Total Assets is connected with ROA %. Wesbanco's annualized ROA % for the quarter that ended in Dec. 2024 was 1.07%. Total Assets is also linked to Revenue through Asset Turnover. Wesbanco's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.


Wesbanco Total Assets Historical Data

The historical data trend for Wesbanco's Total Assets 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 Total Assets Chart

Wesbanco Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,425.61 16,927.13 16,931.91 17,712.37 18,684.30

Wesbanco Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets 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 17,712.37 17,772.74 18,128.38 18,514.17 18,684.30

Wesbanco Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Wesbanco's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=2790.281+15894.017
=18,684.3

Wesbanco's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=2790.281+15894.017
=18,684.3

* 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.


Wesbanco  (NAS:WSBC) Total Assets Explanation

Total Assets is connected with ROA %.

Wesbanco's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=198.516/( (18514.169+18684.298)/ 2 )
=198.516/18599.2335
=1.07 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Wesbanco's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=161.423/( (18514.169+18684.298)/ 2 )
=161.423/18599.2335
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Wesbanco Total Assets Related Terms

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


Wesbanco Business Description

Traded in Other Exchanges
Address
1 Bank Plaza, Wheeling, WV, USA, 26003
Wesbanco Inc is a bank holding company. Through its subsidiaries, it offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking, and insurance. WesBanco operates one commercial bank, WesBanco Bank, which runs scores of branches. The company's reportable segments are Community Banking, which derives key revenue, and Trust and Investment Services. The Community Banking segment offers various banking products and services through various delivery channels, including commercial demand, individual demand, and time deposit accounts; commercial, mortgage, and individual installment loans; and certain non-traditional offerings, such as insurance and securities brokerage services.
Executives
Todd Clossin officer: EVP & COO 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Michael L Perkins officer: EVP/Chief Risk & Admin 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
Kerry M Stemler director
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
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
Jayson M Zatta officer: EVP & Chief Lending Officer C/O WESBANCO INC, ONE 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