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WesBanco Announces Second Quarter 2021 Financial Results

WesBanco Announces Second Quarter 2021 Financial Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Canada , Indiana , United-states , Maryland , Pennsylvania , Ohio , West-virginia , Kentucky , Canadian , Toddf-clossin , Investment-services-department

WesBanco Announces Second Quarter 2021 Financial Results

WesBanco Announces Second Quarter 2021 Financial Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Canada , Indiana , United-states , Maryland , Pennsylvania , Ohio , West-virginia , Kentucky , Canadian , Toddf-clossin , Investment-services-department

WesBanco Announces First Quarter 2021 Financial Results


WesBanco Announces First Quarter 2021 Financial Results
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WHEELING, W.Va., April 27, 2021 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq: WSBC), a diversified, multi-state bank holding company, today announced net income and related earnings per share for the three months ended March 31, 2021.  Net income available to common shareholders for the period was $70.6 million, with diluted earnings per share of $1.05, compared to $23.4 million and $0.35 per diluted share, respectively, for the first quarter of 2020.  Net income available to common shareholders excluding after-tax restructuring and merger-related expenses for the three months ended March 31, 2021, was $71.3 million, or $1.06 per diluted share, as compared to $27.5 million and $0.41 per diluted share, respectively, in the prior year quarter (non-GAAP measures).

United-states , Kentucky , Cleveland , Ohio , Indiana , Maryland , Pennsylvania , Canada , West-virginia , America , Canadian , Toddf-clossin

WesBanco Announces Fourth Quarter 2020 Financial Results


WesBanco Announces Fourth Quarter 2020 Financial Results
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WHEELING, W.Va., Jan. 26, 2021 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (NASDAQ: WSBC), a diversified, multi-state bank holding company, today announced net income and related earnings per share for the three and twelve months ended December 31, 2020.  Net income available to common shareholders for the three months ended December 31, 2020 was $50.2 million, with diluted earnings per share of $0.75, compared to $36.4 million and $0.60 per diluted share, respectively, for the fourth quarter of 2019.  For the twelve months ended December 31, 2020, reflecting the impact from the 2020 adoption of the new Current Expected Credit Losses ("CECL") accounting standard, net income available to common shareholders was $119.4 million, or $1.77 per diluted share, compared to $158.9 million, or $2.83 per diluted share, for the 2019 period.  Net income available to common shareholders excluding after-tax restructuring and merger-related expenses for the three months ended December 31, 2020, was $50.6 million, or $0.76 per diluted share, as compared to $45.5 million and $0.75 per diluted share, respectively, in the prior year quarter (non-GAAP measures).  On the same basis, net income available to common shareholders for the twelve months ended December 31, 2020 was $127.1 million, or $1.88 per diluted share, as compared to $171.8 million, or $3.06 per diluted share, in the prior year period (non-GAAP measures).

Indiana , United-states , Canada , Maryland , Pennsylvania , Ohio , West-virginia , Kentucky , Canadian , Toddf-clossin , Investment-services-department

cleverDome and Silver Oak Securities to Provide Military-Grade Cybersecurity to Advisors and Representatives


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GILBERT, Ariz, Jan. 19, 2021 /PRNewswire/ -- cleverDome, Inc.™, a Phoenix-based B-Corporation that provides a community-driven solution to protect confidential consumer information by taking that information "Under the Dome"
TM (i.e. secure and off the open Internet), today announced an agreement with Silver Oak Securities, Inc. to move its entire partner and advisor business "Under the Dome," using the unique service provided by cleverDome. Silver Oak Securities is a rapidly growing firm based in Tennessee that has 130 offices across the U.S.
cleverDome
"Some wealth management firms have historically relied upon legacy processes and a technology adoption rate that lagged other industries," said Michael Hallett, CEO, cleverDome. "Recent events have drastically disrupted the market, catapulting advisors into a more remote and work-from-home model of interacting with clients. With face-to-face meetings not possible, advisors adapted quickly to support their clients and develop new relationships. For firms that approach this shift as a way to adopt further innovation rather than just a means to an end, it has opened doors to new opportunities - it has also opened up more vulnerabilities."

Phoenix , Arizona , United-states , Tennessee , Michael-hallett , Leesy-palmer , Billy-hopkins , Ab-corporation , Silver-oak-securities-inc , Financial-industry-regulatory-authority , Securities-investors-protection-corporation , Dome-inc