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WesBanco WSBC Community Banking — Income Tax Expense Benefit

Other segment segments

Corporate And Other
-$1.69M-14.4%
Trust And Investment Services
$611K-12.2%

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$9.35M+13.7%

Other financials

Income statement

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Revenue$257.2M+33.2%
Net income$88.4M+54.0%
EPS (diluted)$0.91+59.6%

Balance sheet

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Cash & equivalents$960.4M-12.0%
Total debt$1.5B-29.1%
Total equity$4.1B+7.6%
Total assets$27.8B+0.8%

Cash flow

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Operating cash flow$106.6M+503%
CapEx$2.0M-48.3%
Free cash flow$97.6M+55.3%

Valuation

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Market cap$4B+40.4%
P/E11.4×-9.7×

Profitability

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Net margin30.7%+14.4pp
FCF margin28.5%-4.6pp

Returns & leverage

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Return on equity8.9%+4.6pp
Debt / equity0.4×-0.2×

Where this comes from

Reported directly by WesBanco in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: WesBanco’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:13 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-197299
(unaudited, in thousands) / For The Three Months Ended March 31, 2026:Community BankingTrust and Investment ServicesCorporate OtherTotals
Corporate overhead expenses (5)1,967
Other segment items (6)4,16914634
Segment profit (loss) before provision for income taxes116,0002,911(7,487)
Provision for income taxes23,869611(1,691)
Segment profit (loss)$92,131$2,300$(5,796)$88,635
Reconciliation of segment profit
Preferred stock dividends(4,240)
Net income available to common shareholders$84,395

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is WesBanco's community banking — income tax expense benefit?
WesBanco (WSBC) reported community banking — income tax expense benefit of $23.87M in Q1 2026.
How has WesBanco's community banking — income tax expense benefit changed year-over-year?
WesBanco's community banking — income tax expense benefit increased by 21798.2% year-over-year, from $109K to $23.87M.
What is the long-term trend for WesBanco's community banking — income tax expense benefit?
Over 4 years (2021 to 2025), WesBanco's community banking — income tax expense benefit has grown at a 1.9% compound annual growth rate (CAGR), from $56.83M to $61.27M.
What does community banking — income tax expense benefit mean?
Reflects the portion of the total corporate income tax provision allocated to the community banking segment. It indicates the tax burden associated with the segment's specific earnings contribution.

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