WesBanco, Inc. (WSBC) - Net Assets
Based on the latest financial reports, WesBanco, Inc. (WSBC) has net assets worth $4.07 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.48 Billion) and total liabilities ($23.41 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of WesBanco, Inc. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.07 Billion |
| % of Total Assets | 14.81% |
| Annual Growth Rate | 11.9% |
| 5-Year Change | 49.71% |
| 10-Year Change | 200.57% |
| Growth Volatility | 15.47 |
WesBanco, Inc. - Net Assets Trend (1989–2025)
This chart illustrates how WesBanco, Inc.'s net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of WesBanco, Inc. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for WesBanco, Inc. (1989–2025)
The table below shows the annual net assets of WesBanco, Inc. from 1989 to 2025. For live valuation and market cap data, see WesBanco, Inc. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.03 Billion | +44.50% |
| 2024-12-31 | $2.79 Billion | +10.15% |
| 2023-12-31 | $2.53 Billion | +4.38% |
| 2022-12-31 | $2.43 Billion | -9.90% |
| 2021-12-31 | $2.69 Billion | -2.31% |
| 2020-12-31 | $2.76 Billion | +6.28% |
| 2019-12-31 | $2.59 Billion | +31.08% |
| 2018-12-31 | $1.98 Billion | +41.82% |
| 2017-12-31 | $1.40 Billion | +4.02% |
| 2016-12-31 | $1.34 Billion | +19.54% |
| 2015-12-31 | $1.12 Billion | +42.37% |
| 2014-12-31 | $788.19 Million | +5.57% |
| 2013-12-31 | $746.60 Million | +4.54% |
| 2012-12-31 | $714.18 Million | +12.68% |
| 2011-12-31 | $633.79 Million | +4.44% |
| 2010-12-31 | $606.86 Million | +3.08% |
| 2009-12-31 | $588.72 Million | -10.72% |
| 2008-12-31 | $659.37 Million | +13.62% |
| 2007-12-31 | $580.32 Million | +39.21% |
| 2006-12-31 | $416.88 Million | +0.40% |
| 2005-12-31 | $415.23 Million | +12.17% |
| 2004-12-31 | $370.18 Million | +16.25% |
| 2003-12-31 | $318.44 Million | -5.74% |
| 2002-12-31 | $337.82 Million | +30.84% |
| 2001-12-31 | $258.20 Million | -0.12% |
| 2000-12-31 | $258.51 Million | -4.15% |
| 1999-12-31 | $269.70 Million | -9.04% |
| 1998-12-31 | $296.50 Million | +2.95% |
| 1997-12-31 | $288.00 Million | +26.59% |
| 1996-12-31 | $227.50 Million | +33.82% |
| 1995-12-31 | $170.00 Million | +7.26% |
| 1994-12-31 | $158.50 Million | +26.60% |
| 1993-12-31 | $125.20 Million | +7.01% |
| 1992-12-31 | $117.00 Million | +26.62% |
| 1991-12-31 | $92.40 Million | +21.42% |
| 1990-12-31 | $76.10 Million | +8.10% |
| 1989-12-31 | $70.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WesBanco, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2827.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.25 Billion | 31.07% |
| Common Stock | $200.14 Million | 4.96% |
| Other Comprehensive Income | $-135.62 Million | -3.36% |
| Other Components | $2.71 Billion | 67.33% |
| Total Equity | $4.03 Billion | 100.00% |
WesBanco, Inc. Competitors by Market Cap
The table below lists competitors of WesBanco, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Henzhen Zhaowei Machinery And Elect
SHE:003021
|
$3.41 Billion |
|
Yantai North Andre Juice Co Ltd
SHG:605198
|
$3.41 Billion |
|
Suzhou Hengmingda Electronic Technology Co Ltd
SHE:002947
|
$3.41 Billion |
|
Guangdong Provincial Expressway Development Co Ltd
SHE:000429
|
$3.41 Billion |
|
ADEIA CORP
NASDAQ:ADEA
|
$3.40 Billion |
|
Sprott Inc.
TO:SII
|
$3.40 Billion |
|
Adtalem Global Education Inc
NYSE:ATGE
|
$3.40 Billion |
|
Changzhou Fusion New Material Co. Ltd. A
SHG:688503
|
$3.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WesBanco, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,790,281,000 to 4,031,913,000, a change of 1,241,632,000 (44.5%).
- Net income of 223,106,000 contributed positively to equity growth.
- Dividend payments of 140,271,000 reduced retained earnings.
- Share repurchases of 151,089,000 reduced equity.
- New share issuances of 224,727,000 increased equity.
- Other comprehensive income increased equity by 85,098,000.
- Other factors increased equity by 1,000,061,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $223.11 Million | +5.53% |
| Dividends Paid | $140.27 Million | -3.48% |
| Share Repurchases | $151.09 Million | -3.75% |
| Share Issuances | $224.73 Million | +5.57% |
| Other Comprehensive Income | $85.10 Million | +2.11% |
| Other Changes | $1.00 Billion | +24.8% |
| Total Change | $- | 44.50% |
Book Value vs Market Value Analysis
This analysis compares WesBanco, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.79x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.59x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $9.86 | $35.39 | x |
| 1990-12-31 | $10.60 | $35.39 | x |
| 1991-12-31 | $11.39 | $35.39 | x |
| 1992-12-31 | $11.89 | $35.39 | x |
| 1993-12-31 | $10.65 | $35.39 | x |
| 1994-12-31 | $12.20 | $35.39 | x |
| 1995-12-31 | $13.33 | $35.39 | x |
| 1996-12-31 | $14.92 | $35.39 | x |
| 1997-12-31 | $14.06 | $35.39 | x |
| 1998-12-31 | $14.21 | $35.39 | x |
| 1999-12-31 | $13.23 | $35.39 | x |
| 2000-12-31 | $13.54 | $35.39 | x |
| 2001-12-31 | $14.25 | $35.39 | x |
| 2002-12-31 | $15.89 | $35.39 | x |
| 2003-12-31 | $15.88 | $35.39 | x |
| 2004-12-31 | $18.43 | $35.39 | x |
| 2005-12-31 | $18.43 | $35.39 | x |
| 2006-12-31 | $19.11 | $35.39 | x |
| 2007-12-31 | $27.13 | $35.39 | x |
| 2008-12-31 | $24.82 | $35.39 | x |
| 2009-12-31 | $22.16 | $35.39 | x |
| 2010-12-31 | $22.83 | $35.39 | x |
| 2011-12-31 | $23.81 | $35.39 | x |
| 2012-12-31 | $26.56 | $35.39 | x |
| 2013-12-31 | $25.44 | $35.39 | x |
| 2014-12-31 | $26.87 | $35.39 | x |
| 2015-12-31 | $29.89 | $35.39 | x |
| 2016-12-31 | $33.43 | $35.39 | x |
| 2017-12-31 | $31.66 | $35.39 | x |
| 2018-12-31 | $40.37 | $35.39 | x |
| 2019-12-31 | $46.14 | $35.39 | x |
| 2020-12-31 | $40.96 | $35.39 | x |
| 2021-12-31 | $41.01 | $35.39 | x |
| 2022-12-31 | $40.30 | $35.39 | x |
| 2023-12-31 | $42.62 | $35.39 | x |
| 2024-12-31 | $44.53 | $35.39 | x |
| 2025-12-31 | $44.94 | $35.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WesBanco, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.55%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.87x
- Recent ROE (5.53%) is below the historical average (8.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 12.07% | 12.92% | 0.10x | 9.37x | $1.46 Million |
| 1990 | 11.70% | 12.61% | 0.10x | 9.39x | $1.29 Million |
| 1991 | 10.71% | 12.60% | 0.10x | 8.93x | $660.00K |
| 1992 | 10.51% | 14.25% | 0.09x | 8.63x | $600.00K |
| 1993 | 11.74% | 17.78% | 0.08x | 8.30x | $2.18 Million |
| 1994 | 9.91% | 15.27% | 0.08x | 8.52x | $-150.00K |
| 1995 | 10.71% | 16.70% | 0.08x | 8.07x | $1.20 Million |
| 1996 | 11.38% | 16.18% | 0.10x | 7.37x | $3.15 Million |
| 1997 | 8.75% | 14.36% | 0.08x | 7.68x | $-3.60 Million |
| 1998 | 9.54% | 15.02% | 0.08x | 7.56x | $-1.35 Million |
| 1999 | 10.23% | 15.30% | 0.08x | 8.42x | $630.00K |
| 2000 | 10.42% | 14.44% | 0.08x | 8.94x | $1.07 Million |
| 2001 | 11.23% | 15.38% | 0.08x | 9.58x | $3.18 Million |
| 2002 | 10.71% | 17.07% | 0.06x | 10.14x | $2.31 Million |
| 2003 | 11.35% | 18.18% | 0.06x | 10.82x | $4.29 Million |
| 2004 | 10.31% | 18.63% | 0.05x | 10.84x | $1.16 Million |
| 2005 | 10.30% | 16.20% | 0.06x | 10.65x | $1.23 Million |
| 2006 | 9.36% | 14.58% | 0.07x | 9.83x | $-2.65 Million |
| 2007 | 7.70% | 15.44% | 0.05x | 9.28x | $-13.36 Million |
| 2008 | 5.78% | 11.24% | 0.06x | 7.92x | $-27.82 Million |
| 2009 | 4.07% | 7.43% | 0.06x | 9.17x | $-34.94 Million |
| 2010 | 5.87% | 12.13% | 0.05x | 8.83x | $-25.08 Million |
| 2011 | 6.91% | 15.58% | 0.05x | 8.73x | $-19.57 Million |
| 2012 | 6.94% | 18.17% | 0.04x | 8.51x | $-21.87 Million |
| 2013 | 8.56% | 22.60% | 0.05x | 8.23x | $-10.73 Million |
| 2014 | 8.88% | 24.97% | 0.04x | 7.99x | $-8.85 Million |
| 2015 | 7.20% | 24.35% | 0.04x | 7.55x | $-31.45 Million |
| 2016 | 6.46% | 23.85% | 0.04x | 7.30x | $-47.51 Million |
| 2017 | 6.77% | 22.67% | 0.04x | 7.04x | $-45.05 Million |
| 2018 | 7.23% | 28.09% | 0.04x | 6.30x | $-54.77 Million |
| 2019 | 6.12% | 26.74% | 0.04x | 6.06x | $-100.52 Million |
| 2020 | 4.43% | 18.46% | 0.04x | 5.96x | $-153.63 Million |
| 2021 | 9.00% | 39.75% | 0.04x | 6.29x | $-27.06 Million |
| 2022 | 7.92% | 30.73% | 0.04x | 6.98x | $-50.55 Million |
| 2023 | 6.28% | 19.28% | 0.05x | 6.99x | $-94.27 Million |
| 2024 | 5.43% | 15.99% | 0.05x | 6.70x | $-127.52 Million |
| 2025 | 5.53% | 15.55% | 0.05x | 6.87x | $-180.09 Million |
Industry Comparison
This section compares WesBanco, Inc.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $389,399,400
- Average return on equity (ROE) among peers: 10.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WesBanco, Inc. (WSBC) | $4.07 Billion | 12.07% | 5.75x | $3.40 Billion |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $68.20 Million | 10.85% | 9.15x | $5.79 Billion |
| ACNB Corporation (ACNB) | $51.46 Million | 12.55% | 7.93x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $137.13 Million |
| Alerus Financial Corp (ALRS) | $127.25 Million | 8.42% | 8.09x | $736.27 Million |
| Amalgamated Bank (AMAL) | $508.95 Million | 16.01% | 14.41x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $1.00 Billion | 3.23% | 8.67x | $974.56 Million |
| Arrow Financial Corporation (AROW) | $431.85 Million | 10.18% | 9.29x | $622.98 Million |
| Associated Banc-Corp (ASB) | $968.70 Million | 17.34% | 12.55x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $141.70 Million | 14.89% | 15.78x | $62.43 Million |
About WesBanco, Inc.
WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. It operates in two segments, Community Banking, and Trust and Investment Services. The company accepts interest and non-interest-bearing dem… Read more