WESBANCO INC
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
WSBC$39.45+2.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Changes in Shareholders Equity
S OF CHANGES IN SHAREHOLDERS’ EQUITY
| Common Stock | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (in thousands, except shares and per share amounts) | Preferred StockAmount | SharesOutstanding | Amount | CapitalSurplus | RetainedEarnings | TreasuryStock | AccumulatedOtherComprehensiveGain (Loss) | DeferredBenefitsforDirectors | Total |
| January 1, 2021 | $144,484 | 67,254,706 | $141,834 | $1,634,815 | $831,688 | $(25,949) | $31,359 | $(1,494) | $2,756,737 |
| Net income | — | — | — | — | 242,260 | — | — | — | 242,260 |
| Other comprehensive loss | — | — | — | — | — | — | (36,479) | — | (36,479) |
| Comprehensive income | 205,781 | ||||||||
| Common dividends declared ($1.32 per share) | — | — | — | — | (85,667) | — | — | — | (85,667) |
| Preferred dividends declared ($16.875 per share) | — | — | — | — | (10,125) | — | — | — | (10,125) |
| Stock issued for dividend reinvestment | — | 11,720 | — | — | (391) | 391 | — | — | - |
| Treasury shares acquired | — | (5,218,275) | — | 194 | — | (183,171) | — | — | (182,977) |
| Stock options exercised | — | 130,273 | — | (1,388) | — | 4,484 | — | — | 3,096 |
| Restricted stock granted | — | 128,821 | — | (4,486) | — | 4,486 | — | — | - |
| Stock compensation expense | — | — | — | 6,475 | — | — | — | — | 6,475 |
| Deferred benefits for directors—net | — | — | — | 32 | — | — | — | (186) | (154) |
| December 31, 2021 | $144,484 | 62,307,245 | $141,834 | $1,635,642 | $977,765 | $(199,759) | $(5,120) | $(1,680) | $2,693,166 |
| Net income | — | — | — | — | 192,113 | — | — | — | 192,113 |
| Other comprehensive loss | — | — | — | — | — | — | (257,296) | — | (257,296) |
| Comprehensive loss | (65,183) | ||||||||
| Common dividends declared ($1.37 per share) | — | — | — | — | (81,286) | — | — | — | (81,286) |
| Preferred dividends declared ($16.875 per share) | — | — | — | — | (10,125) | — | — | — | (10,125) |
| Stock issued for dividend reinvestment | — | 23,478 | — | — | (792) | 792 | — | — | — |
| Treasury shares acquired | — | (3,407,016) | — | — | — | (119,097) | — | — | (119,097) |
| Stock options exercised | — | 111,050 | — | (529) | — | 3,579 | — | — | 3,050 |
| Restricted stock granted | — | 164,206 | — | (5,521) | — | 5,521 | — | — | — |
| Stock compensation expense | — | — | — | 6,246 | — | — | — | — | 6,246 |
| Deferred benefits for directors—net | — | — | — | 39 | — | — | — | (148) | (109) |
| December 31, 2022 | $144,484 | 59,198,963 | $141,834 | $1,635,877 | $1,077,675 | $(308,964) | $(262,416) | $(1,828) | $2,426,662 |
| Net income | — | — | — | — | 159,032 | — | — | — | 159,032 |
| Other comprehensive income | — | — | — | — | — | — | 35,723 | — | 35,723 |
| Comprehensive income | 194,755 | ||||||||
| Common dividends declared ($1.41 per share) | — | — | — | — | (82,906) | — | — | — | (82,906) |
| Preferred dividends declared ($16.875 per share) | — | — | — | — | (10,125) | — | — | — | (10,125) |
| Stock issued for dividend reinvestment | — | 29,871 | — | — | (1,090) | 1,090 | — | — | — |
| Treasury shares acquired | — | (162,432) | — | — | — | (3,745) | — | — | (3,745) |
| Stock options exercised | — | 10,755 | — | (127) | — | 364 | — | — | 237 |
| Restricted stock granted | — | 299,278 | — | (8,260) | — | 8,260 | — | — | — |
| Stock compensation expense | — | — | — | 8,324 | — | — | — | — | 8,324 |
| Deferred benefits for directors—net | — | — | — | 45 | — | — | — | (185) | (140) |
| December 31, 2023 | $144,484 | 59,376,435 | $141,834 | $1,635,859 | $1,142,586 | $(302,995) | $(226,693) | $(2,013) | $2,533,062 |
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