WesBanco Inc (WSBC) News & EventsWSBCWesBanco Inc

WesBanco Reports Q2 Net Charge-Offs at 0.02%

Reports Q2 Net charge-offs 0.02% of total average loans. Allowance for credit losses to total portfolio loans at June 30, 2026 was 1.12% of total loans, or $217.8M. "Our strong Q2 performance reflects the continued success of our relationship-focused banking model and disciplined growth strategy," said Jeff Jackson, President and CEO, WesBanco. "We generated annualized loan growth of more than 8%, expanded our commercial loan pipeline to a record $2.3B, and generated positive operating leverage, demonstrating our ability to drive profitable growth across the franchise. With a solid funding position and strong momentum across our markets - particularly our Premier and expansion markets in Northern Virginia, Tennessee, and Florida - we are well-positioned for continued growth."

WesBanco Expands Stock Buyback Program to 4.9 Million Shares

WesBanco announced that the Board of Directors has authorized a 4M share increase to the 3.2M stock repurchase program approved by the Board on February 24, 2022, which had approximately 0.9M shares remaining available for repurchase, as of March 31. The combination of the additional 4M shares and 0.9M shares remaining under the prior authorization totals 4.9M shares available and authorized for repurchase, or 5.1% of shares outstanding, as of March 31.

WesBanco Appoints Nathan Jones as Chief Risk Officer

WesBanco announced that Nathan Jones has been appointed Senior Executive Vice President and Chief Risk Officer, effective April 27. He succeeds Mike Perkins, who is retiring in June after more than three decades with WesBanco. Jones brings nearly 30 years of experience in enterprise risk and credit leadership at large, complex financial institutions. He joins WesBanco from First Interstate Bank, where he most recently served as Chief Risk Officer, overseeing enterprise risk management and governance. Prior to that role, Jones held senior leadership positions, including Executive Vice President and Chief Credit Officer at Heartland Financial USA and Fulton Financial Corporation, as well as leadership roles at First Horizon National Corporation, BMO Financial Group, and Bank of America. His background spans credit risk, enterprise risk, analytics, consumer and commercial portfolios, and finance. Jones holds a Master of Business Administration and a Bachelor of Arts in psychology from Southern Methodist University.